The World Is Curved

A founder of the acclaimed quarterly The International Economy explains the economic problems behind the credit and mortgage issues of the past two years, identifying hidden connections between key events and the global economy. Reprint.

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 pocketbook How Japanese housewives have taken control of their nation’s savings, and why it matters to us How greed-driven bankers and investment bankers have put everyone’s pensions and 401(k)s at risk Why today’s “incredible shrinking central banks” may not be able to save us when the next crisis hits Why 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 Japan Why the world desperately needs a “big think” financial doctrine to guide today’s dangerous ocean of money The 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.

Explores globalization, its opportunities for individual empowerment, its achievements at lifting millions out of poverty, and its drawbacks--environmental, social, and political.

* More than 60 case studies of sensational curved buildings from around the world* Includes a short historical overview and the most recent design and technical developmentsIn Curved: Bending Architecture, the author seeks out the most sensational contemporary buildings from around the world that incorporate wave-like, rounded forms into their design. Curved forms in architecture are found throughout history (like the Colosseum in Rome) but today's constructions explore the curve to its utmost fluid and freeform potential. From Zaha Hadid to Bosjes Chapel and from Brussels to China, this is a selection of amazing buildings by world class architects who think outside the box and have redefined the built world around us.

Get the Summary of David M. Smick's The World Is Curved in 20 minutes. Please note: This is a summary & not the original book. "The World Is Curved" delves into the complexities of the global financial system, particularly highlighting the Great Credit Crisis of 2007-2008. David M. Smick, with his extensive background in macroeconomic advising, examines the crisis's origins, including the perplexing impact of the relatively small subprime market on the global economy. The book discusses the role of confidence and liquidity in financial stability and the challenges policymakers face in managing the turbulent sea of global capital...

This text explains special relativity and the basics of general relativity from a geometric viewpoint. Space-time geometry is emphasised throughout, and up-to-date information is provided on black holes, gravitational collapse, and cosmology.

The experts say that America's best days are behind us, that mediocre long-term economic growth is baked in the cake, and that politically, socially, and racially, the United States will continue to tear itself apart. But David Smick-hedge fund strategist and author of the 2008 bestseller The World Is Curved-argues that the experts are wrong. In recent decades, a Corporate Capitalism of top down mismanagement and backroom deal-making has smothered America's innovative spirit. Policy now favors the big, the corporate, and the status quo at the expense of the small, the inventive, and the entrepreneurial. The result is that working and middle class Americans have seen their incomes flat-lining and their American Dreams slipping away. In response, Smick calls for the great equalizer, a Main Street Capitalism of mass small-business startups and bottom-up innovation, all unfolding on a level playing field. Introducing a fourteen-point plan of bipartisan reforms for unleashing America's creativity and confidence, his forward-thinking book describes a new climate of dynamism where every man and woman is a potential entrepreneur-especially those at the bottom rungs of the economic ladder. Ultimately, Smick argues, economies are more than statistical measurements of supply and demand, economic output, and rates of return. Economies are people-their hopes, fears, dreams, and expectations. The Great Equalizer is a call for a set of new paradigms that inspire and empower average American people to reimagine and reboot their economy. It is a manifesto asserting that, with a new kind of economic policy, America's best days lie ahead.

Just when you think you have nothing left to lose, they come for your dreams. Humanity has nearly destroyed its world through global warming, but now an even greater evil lurks. The indigenous people of North America are being hunted and harvested for their bone marrow, which carries the key to recovering something the rest of the population has lost: the ability to dream. In this dark world, Frenchie and his companions struggle to survive as they make their way up north to the old lands. For now, survival means staying hidden — but what they don't know is that one of them holds the secret to defeating the marrow thieves.