The World is Curved

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"Dávid Smick's probing insights in The World Is Curved stem from an extraordinary vantage point few observers can match." -GEORGE SOROS, Soros Fund Management Dávid Smick keeps a low profilé, but experts consider him one of the most insightful financial markét 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 Bili Bradley to Jack Kemp) have regularly sought his policy advice. The World Is Curved picks up where Thomas Friedman's The World Is Fiat left off, taking readers on an insider's tour through the priváté offices of central bankers, fináncé 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... Tovább

Fülszöveg

"Dávid Smick's probing insights in The World Is Curved stem from an extraordinary vantage point few observers can match." -GEORGE SOROS, Soros Fund Management Dávid Smick keeps a low profilé, but experts consider him one of the most insightful financial markét 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 Bili Bradley to Jack Kemp) have regularly sought his policy advice. The World Is Curved picks up where Thomas Friedman's The World Is Fiat left off, taking readers on an insider's tour through the priváté offices of central bankers, fináncé 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
(continued from front flap) • 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. Vissza