Title of article in the Journal des Libertés
This is the article that has been published in the Winter 2023/4 edition of the Journal des Libertés and which is based on my address to the IES-IREF Summer University in Aix-en-Provence.
You can download the full article here.
Its major topic is InvestEU, the scheme arranged by the European […]
As published by IREF Online
Published on 2nd December 2023
Introduction
The UK government has cancelled its guarantees to a private lender – Greensill Capital – under the UK’s coronavirus support, without the obligation that was guaranteed having been discharged. This puts a major question mark against the UK’s good faith in its financial dealings: if the UK […]
The TSC has finally started to nail the Bank of England
Published on 1st December 2023
It has inexplicably fallen below the radar that the Treasury Select Committee on 22nd November finally succeeded in cornering the Bank of England about key features of their bond buying (Quantitative Easing) and selling (Quantitative Tightening).
The upshot is that further questioning, […]
Published on 30th November 2023
The Treasury Select Committee on 22nd November finally succeeded in cornering the Bank of England about key features of their bond buying (Quantitative Easing) and selling (Quantitative Tightening).
The upshot is that further questioning, apart from nailing down one or two details about how the new Bank Levy can be used, can […]
How the ESM now backstops the SRF
– First published by IREF Online –
Published on 27th November 2023
Introduction
The European Stability Mechanism (ESM) will now be backstop-of-last-resort to the Eurozone banking system, in addition to backstopping the Eurozone member states and the currency itself. Its resources have not been increased, though, despite its credibility and firepower already […]
Daily Express headline
Published on 27th November 2023
Eurozone unemployment is an average and disguises wide variations, with youth unemployment being unacceptably high in several Club Med countries.
That is the problem with making important policy decisions at several levels removed from economic units whose characteristics widely diverge.
The fact that this is the situation is a testament to […]
Published on 12th September 2023
I had an interview with John Butler on the state of creditworthiness amongst Eurozone governments and banks – not good!
Blog published on 11th September 2023
Article as published in the Daily Express on 31 August 2023
With the Eurozone’s money supply shrinking for the first time since 2010, a banking expert has said Europe’s economy has been damaged by what he called “incoherent financial vandalism”.
Bob Lyddon also believes the situation is being exacerbated by members of […]
My book, upon which all is based
Published on 7th September 2023
After my presentation at the IES-IREF Summer School in Aix-en-Provence about the European Stability Mechanism and its dependency on France’s retaining its AA-rating, the French business website contrepoints.org asked me a series of follow up questions, and here are the answers in English.
Here is a […]
Collapsing Euro is riskier than ‘gambling on Bitcoin’
Published on 6th September 2023
The Express reinforced my Comment piece themselves the following day:https://www.express.co.uk/news/politics/1800197/collapsing-euro-bitcoin-gambling-debtA leading economist has warned that the Euro is only being sustained because the credit rating agencies have not downgraded Germany yet.
Writing for Express.co.uk Bob Lyddon, has warned that investing in the currency is now less safe than “gambling on bitcoin” […]