Book excerpt: 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...