The World Is Curved by David M. Smick
Hidden Dangers to the Global Economy

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Synopsis

David Smick keeps a low profile, but experts consider him one of the most insightful financial market strategists in the world. For more than two decades, he has conferred with central bankers (such as Alan Greenspan and Ben Bernanke) and advised top Wall Street executives and investors, from George Soros to Michael Steinhardt to Stan Druckenmiller. Political leaders (from Bill Bradley to Jack Kemp) have regularly sought his policy advice.

The World Is Curved picks up where Thomas Friedman’s The World Is Flat left off, taking readers on an insider’s tour through the private offices of central bankers, finance ministers, even prime ministers. Smick reveals how today’s risky environment came to be—and why the mortgage mess is a symptom of potentially far more devastating trouble. He wrestles with the two questions on everyone’s mind: How bad could things really get in today’s volatile economy? And what can we do about it?

Drawing on riveting anecdotes in language anyone can understand, Smick explains:
Why the churning cauldron we call China (the next great bubble to burst) represents a powerful threat to everyone’s pocketbookHow Japanese housewives have taken control of their nation’s savings, and why it matters to usHow greed-driven bankers and investment bankers have put everyone’s pensions and 401(k)s at riskWhy today’s “incredible shrinking central banks” may not be able to save us when the next crisis hitsWhy the big-money Russian, Chinese, Saudi, and Dubai sovereign wealth funds represent a tectonic shift in global financial power, away from the United States, Europe, and JapanWhy the world desperately needs a “big think” financial doctrine to guide today’s dangerous ocean of moneyThe World Is Curved is the rare book that speaks simultaneously to the Wall Street, Washington, and London elite, yet its apt storytelling shows Main Street readers how to survive in these turbulent times.
 

About David M. Smick

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David Smick advises some of the world’s most successful money managers through his investment and strategic consulting firm Johnson Smick International, Inc. He is also the founder, editor, and publisher of The International Economy, an acclaimed quarterly. He has served as an adviser to both Republican and Democratic presidential candidates and has written for publications such as The Wall Street Journal and The New York Times. Mr. Smick and his family live in Washington, D.C.
 
Published September 4, 2008 by Portfolio. 321 pages
Genres: Business & Economics, Political & Social Sciences, Professional & Technical, Travel. Non-fiction

Unrated Critic Reviews for The World Is Curved

Publishers Weekly

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Confronting the ever-increasing challenges of globalism and the economic problems plaguing the U.S. from a downward spiraling value of the dollar to the subprime mortgage crisis, Smick argues again and again that the solution to the problem is deregulation and encouraging entrepreneurship.

Oct 27 2008 | Read Full Review of The World Is Curved: Hidden D...

Publishers Weekly

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With this illuminating book, Smick revisits Thomas Friedman's description of the ""flat"" world produced by globalization, arguing instead that the uncertainty produced by globalized financial markets has created a world that is curved, where events and their consequences are unpredictable.

| Read Full Review of The World Is Curved: Hidden D...

Suite 101

New book on using social media asks how does a brand become more of a person and become part of the conversation.

Dec 11 2008 | Read Full Review of The World Is Curved: Hidden D...

Library Journal

While in earlier weeks, Smick’s book may have appealed only to more specialized readers, libraries are likely to find interest in it increasing by the day, and doubly so with more readers seeking their books at libaries as economic worries deepen.

Oct 07 2008 | Read Full Review of The World Is Curved: Hidden D...

Bookmarks Magazine

And what can we do about it?

Drawing on riveting anecdotes in language anyone can understand, Smick explains:
Why the churning cauldron we call China (the next great bubble to burst) represents a powerful threat to everyone’s pocketbook How Japanese hou...

Sep 21 2008 | Read Full Review of The World Is Curved: Hidden D...

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