Dave Caolo: Another look at The Daily

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25+ Upcoming Social Media & Tech Events

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Hal Lewis: My Resignation From The American Physical Society an important moment in science history

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12 Sexiest Pool Scenes in Movie History

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Greece, Ireland can not ignore their debts, and also the greek Prime Minister George Papandreou and German Chancellor Angela Merkel are out playing in Europe, the financial crisis, the author Michael Lewis, predicted on Tuesday. The author, who began his career by exposing the culture of excess Salomon Brothers, "a poker liar" to promote his latest book, "Boomerang: New Travels in the Third World," which was released this week, WW Norton . The book details the three years of research and reports on Iceland, Ireland, Greece, Germany and California, revealing aspects of global economic problems and national characteristics ago. He follows his best-seller "The Short big" on the U.S. subprime crisis. "Greece has failed, right? Are restructuring. What you want to call it, Greece has failed," Lewis told Reuters in an interview. "The only question is how." "I do not think that Chancellor Merkel intends to survive in Germany and I do not think Papandreou, Greece survive - are so alienated from their people," he said. Lewis believes that efforts by European leaders to save Greece again and fight against infections in Ireland, Portugal, Italy and even Spain only delay the inevitable. While Lewis warns that no one knows exactly how it will play out, their predictions are closely followed because of its position as one of the best-selling journalists and most respected U.S. business. Determined to temper his predictions, he added: "Nobody can tell you what will happen because it's too complicated." Global market turmoil of recent days, the fears of Greece can not ignore their debts even in the midst of the bailout is intended to perform, Lewis expects, "It 'very messy" and "to leave Greece in the area of' euro "and" creditors, taking heavy losses. " In addition, "I can not believe the Irish will not conclude that the party" and default on its debt, allowing its banks to fail. "These things can happen and it can even be healthy for them to occur, rather than having this large overhang, "he said. It 's the difference between Ireland and Greece, Lewis said: "Ireland is just more suffering for talent If you set the Greeks and the Irish were the Irish population, people would get shot .." Capriccio Schwarzenegger Each chapter of "Boomerang", carefully meshing business and financial dealings with travel writing, appeared in shorter form in Vanity Fair. The final chapter of California, appears in the latest issue the magazine. This figure is to keep Lewis in the early morning bike ride of the former Governor of California Arnold Schwarzenegger tries to explain why the state economy is in such an emergency. Lewis, for the staging of the scene after the interview for the Austrian-American day in his office. "It 'been so static. It looked like a man in motion, so I put it away." "At first I thought:" I want to go lift weights with him. But I thought it was so embarrassing, "said Lewis, which is adjacent to a former bodybuilder seems thin stick. Lewis portrays a former action movie star famous for "The Terminator" films politically driven fantasy in an impossible position to be seized in California, almost insoluble problems. She describes him as a person who sees the future, paying little attention to what is behind him. Perhaps the most revealing moment Schwarzenegger says Lewis, who wanted to run for governor, even if the item appeared on Jay Leno's "Tonight Show". "He thought:" That they freak out if I go on TV and say I'll do, '"Lewis recalled Schwarzenegger saying." It was a whim. " Lewis also received acclaim from critics and movie audiences - his book "The Blind Side" of football, was an Oscar-winning movie of Sandra Bullock and his "Money Ball" baseball book is about to hit movie starring Brad Pitt. Next is a prolific Lewis to write the screenplay, "poker liar," he said, is controlled by Glenn Ficara and John Requa, who directed "Crazy, Stupid, Love." He has also written a pilot for HBO called "Strays," a fictionalized account of an official baseball players smuggled from Cuba to the United States. "It changes your life, if they do," he said of the possibility of having his own television series. | Daily trends update

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Michael Lewis on Greek default: It would be ugly for awhile

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