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From Lionel Shriver, the acclaimed author of the National Book Award finalist So Much for That and the international bestseller We Need to Talk About Kevin, comes a striking new novel about family, money, and global economic crisis.
The year is 2029, and nothing is as it should be. The very essence of American life, the dollar, is under attack. In a coordinated move by the rest of the world’s governments, the dollar loses all its value. The American President declares that the States will default on all its loans--prices skyrocket, currency becomes essentially worthless, and we watch one family struggle to survive through it all.
The Mandibles can count on their inheritance no longer, and each member must come to terms with this in their own way-from the elegant ex-pat author Nollie, in her middle age, returning to the U.S. from Paris after many years abroad, to her precocious teenage nephew Willing, who is the only one to actually understand the crisis, to the brilliant Georgetown economics professor Lowell, who watches his whole vision of the world disintegrate before his eyes.
As ever, in her new novel, Shriver draws larger than life characters who illuminate this complicated, ever-changing world. One of our sharpest observers of human nature, Shriver challenges us to think long and hard about the society we live in and what, ultimately, we hold most dear.
401 pages, Kindle Edition
First published May 5, 2016
At the moment, foreign demand for US debt is low—but there are completely unrelated reasons for backing off US debt instruments in a variety of different countries that just happen to be coinciding. Here, the market is hopping: investors can find higher yields in the Dow than in dumpy Treasury securities. Interest rates aren’t likely to stay anywhere near 8.2 percent and this is probably a one-time spike. Jesus, in the 1980s, Treasury bond interest careened to over 15 percent. Bonds paid over 8 percent as recently as 1991.

