Over My Shoulder

Lorenzo Bini Smaghi: Austerity and Stupidity

By John Mauldin

November 11, 2013

Lorenzo Bini Smaghi is a former member of the executive board of the European Central Bank (2005 to 2011) and currently a visiting scholar at Harvard. Here he teaches us a few useful things about the relationship between austerity and growth.

Download - Austerity_and_stupidity.pdf

Over My Shoulder is not an offering for any investment. It represents only the opinions of John Mauldin. Any views expressed are provided for information purposes only and should not be construed in any way as an offer, an endorsement, or inducement to invest. You are advised to discuss with your financial advisers your investment options and whether any investment is suitable for your specific needs prior to making any investments. John Mauldin is the Chairman of Mauldin Economics, LLC who publishes Over My Shoulder. He also is the President of Mauldin Solutions, LLC which is an investment advisory firm designated to the SEC, President and registered principal of Mauldin Securities, LLC, member FINRA, SIPC. Mauldin Securities, LLC is also a Commodity Trading Advisor (CTA) registered with the CFTC, as well as an Introducing Broker (IB) and NFA Member.