Home / Author Archives: Alexander J Smith III

Author Archives: Alexander J Smith III

Who Really Gains From Austerity?

In, “Europe Should Stop Listening To Germany“, I very briefly mentioned the advantage Germany and other nations of the austerity chorus have over their southern counterparts thanks to skewed bond analysis employed by global markets. Part of the problem stems from the ability of each nation’s central bank to issue new debt, thus allowing markets to assess each issue state-by-state ... Read More »

Broke If You Do, Broke If You Don’t.

With the failure of the bailout approval in parliament, Cyprus edges that much closer to default. Thing is, a yes vote wouldn't have changed a thing. Read More »