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Browse: Home » 2011
Five Things that Worked in 2011 Foretell 2012

Five Things that Worked in 2011 Foretell 2012

December 27, 2011 · by Patrick Smith · in Articles, The Fiscal Times

2011 will go down as a good year for very few of us. Suspense, crisis, loss, frustration, and anxiety seemed to lie everywhere one turned. What better time to remind ourselves of a few developments during the year that are…

The War in Europe Escalates—No Guns, Just Butter

The War in Europe Escalates—No Guns, Just Butter

December 19, 2011 · by Patrick Smith · in Articles, The Fiscal Times

It took exactly two days for European markets to cast a negative vote on the agreement eurozone countries reached in Brussels last week. It took a couple more for the eurozone countries to begin bickering with Britain, that is isolated…

Britain is Odd Man Out in Europe’s ‘New Deal’

Britain is Odd Man Out in Europe’s ‘New Deal’

December 12, 2011 · by Patrick Smith · in Articles, The Fiscal Times

You cannot fault the Europeans for their timing. The agreement reached in Brussels on the euro last Friday came 20 years to the day after European leaders signed the treaties that created the single currency. And the pact euro zone…

Euro Zone Debacle: This Week Could End the Crisis

Euro Zone Debacle: This Week Could End the Crisis

December 4, 2011 · by Patrick Smith · in Articles, The Fiscal Times

This could well be the week the eurozone crisis advances toward a credible resolution. We have heard this before, so it is too soon to exhale, but if all goes according to plan, a way through Europe’s currency and economic…

Save the Euro! The Risky Option that Could Work

Save the Euro! The Risky Option that Could Work

November 29, 2011 · by Patrick Smith · in Articles, The Fiscal Times

Last week was miserable for those hoping the eurozone holds together and its 17 members remain part of the world’s first common-currency union. The bad news kept coming straight through Thanksgiving. But does it all add up to the collapse…

U.S.-China: Obama Foolishly Taunts the Dragon

U.S.-China: Obama Foolishly Taunts the Dragon

November 21, 2011 · by Patrick Smith · in Articles, The Fiscal Times

The most striking outcome of President Obama’s busy crisscrossing of the Pacific last week is this: The U.S. is now going to station 2,500 Marines in Australia and develop (it hopes) a trade-enhancing organization called the Trans-Pacific Partnership, or TPP….

U.S. China Policy: A Snake with Three Heads

U.S. China Policy: A Snake with Three Heads

November 16, 2011 · by Patrick Smith · in Articles, The Fiscal Times

It’s dismaying to consider that the world’s largest economy may not know what it’s doing when faced with the planet’s No. 2 economy (and one of the fastest growing). But three of Washington’s most recent moves toward mainland China—the security…

Stealing America: China’s Busy Cyber-Spies

Stealing America: China’s Busy Cyber-Spies

November 7, 2011 · by Patrick Smith · in Articles, The Fiscal Times

Economic and industrial spying by China appears to be more pervasive and egregious than ever, costing America billions of dollars each year, according to a new report by a U.S. government agency. And the report raises an important question: If…

3 Reasons to Bet the Euro Deal Will Work

3 Reasons to Bet the Euro Deal Will Work

October 31, 2011 · by Patrick Smith · in Articles, The Fiscal Times

Global stock markets today are reflecting the many uncertainties that still surround the eurozone rescue package European Union leaders announced in Brussels late last week. It is not yet clear how some of the EU’s plans will be financed, and…

In Greek Streets, Austerity Leads to Violence

In Greek Streets, Austerity Leads to Violence

October 19, 2011 · by Patrick Smith · in Articles, The Fiscal Times

Maybe it had to come to this in Greece, given what the nation’s people are being asked to accept. On Wednesday, just days before a critical summit of European Union leaders intended to resolve the Eurozone crisis, two large unions…

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Writer, commentator, longtime newspaper and magazine correspondent abroad. Writes often on Europe and Asia. Published five books.

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