About Bob

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So far Bob has created 215 blog entries.

Eurozone in meltdown and collapse could cost the UK £200 million – despite Brexit

Published on 17 August 2022 and as an article published in the Daily Express on 13 July 2022

Red alerts are flashing all over the Whitehall radar screen. The Prime Minister has been deposed and the country is leaderless for the summer. Living standards are plummeting under the impact of soaring inflation. Russia’s savagery tortures Ukraine […]

Why the euro threatens to be the EU’s Krakatoa

Published on 14 August 2022 and earlier published on www.brexit-watch.org on 13 July 2022 under the above headline and photograph, a Photo of Anak Krakatau by arief adhari/EyeEm from Adobe Stock]

BREXIT HAS BEEN largely botched so far, as has so much else by the present government. Remainers, several now emanating from their mausolea, claim […]

Brexit too important to be left to go down with Johnson and Gove

Blog published on 10 August 2022 and as published on www.brexit-watch.org on 30 June 2022

Boris Johnson and Michael Gove stole our horse. They forced themselves into the leadership positions in the Leave campaign as a means to power for themselves. They decided the issues that the Leave campaign would fight on. In doing that – […]

‘The Great Game’ (of Basel Rules) – it’s worse than we thought and how New Labour loved it

Published on 7 August 2022

I was delighted to read the article (more like a dissertation) called ‘The Great Game Will Never End: Why the Global Financial Crisis Is Bound to Be Repeated’ which was published in the Journal of Risk and Financial Management and written by my good friend Professor David Blake of the Finance […]

How Germany can get railroaded within the European Central Bank’s Governing Council

Published on 5 August 2022

Germany has been resistant to many measures of the European Central Bank, not least the size of its bond-buying programmes and its latest ‘Transmission Protection Mechanism’ approved at the main meeting of July 2022. The aim of the ‘TPM’ is to avoid ‘fragmentation’, meaning the yields on the bonds issued by […]

Risks in contemplating transition from ERM II into the euro

Published on 4 August 2022

Two countries are currently in the European Exchange Rate Mechanism II – Bulgaria and Croatia. ERM II is the Euro waiting room. Croatia has now passed the tests to get on the plane – but should it pause and apply some tests to the Euro itself?

We recently ran some tests on […]

Published – our letter to the Daily Telegraph

Published on 10 July 2022

I had the top ‘Reader’s Letter’ published by the Daily Telegraph on 9 June 2022, occasioned by an email to all Tory party members by the Supreme Leader, telling us all the things that weren’t in the 2019 Manifesto that were now going to happen, and avoiding mention of everything in […]

Promised legal protection for cash is a further nail in its coffin

Published on 23 May based on an article first published on News Uncut on 21 May 2022

The Queen’s Speech, delivered on 10 May 2022, promises legal protection for access to physical cash. The protection is to be afforded in a new Financial Services and Markets Bill (the ‘Bill’). One might be forgiven for believing that […]

The ECB confirms the status of the Eurosystem: a parasite serving only the needs of the Eurozone public sector

Balances of banks sitting in the Eurosystem and percentage of respective country’s GDP

Published on 10 May 2022 and as previously published by irefeurope.org but with more detail behind the numbers

The European Central Bank (ECB) held its latest Governing Council meeting on 14 April 2022 and issued its normal press release. It issued its longer ‘Combined […]

The European Stability Mechanism is a dead letter with inadequate firepower

The subscribed and paid capital contributions of the 19 ESM members

Published on 7 April 2022 where the underlying article was published for the first time on www.brexit-watch.org on 6 April 2022

The European Stability Mechanism (ESM) is the main Eurozone bailout fund should further members be unable to access capital markets directly: the ESM would finance […]