What do you tell your mother when she asks you where to put her money? I asked. Guns and gold
In the book "Boomerang: Travels in the New Third World," Michael Lewis explores the changes in global finance and economics, focusing on the impact of the financial crisis on various countries. He illustrates how different societies respond to economic challenges and reveals the unpredictability of financial systems. One poignant moment involves a discussion about what advice to give when a mother inquires about where to invest her money.
Lewis humorously suggests that, in uncertain times, practical assets like guns and gold might be preferable investments over traditional financial avenues. This highlights a growing skepticism towards conventional financial institutions and reflects broader themes of risk and security in an unpredictable economic landscape.
