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So far Bob has created 263 blog entries.

Treasury Select Committee and Quantitative Easing

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 […]

New task bolted on to European Stability Mechanism – with how much extra risk?

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 […]

Eurozone unemployment – a testimony to the failure to create a genuinely harmonised economic zone

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 […]

The dire state of creditworthiness in the Eurozone governments and banks

Published on 12th September 2023

I had an interview with John Butler on the state of creditworthiness amongst Eurozone governments and banks – not good!

Eurozone dream in tatters as ‘financial vandalism’ threatens EU stability

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 […]

Spillover potential for the UK from rout in the China property market

Shanghai financial centre

Blog published on 11th September 2023.

Article as published on 16th August 2023 in the Daily Express.

China’s potential economic meltdown, with its £2.4trillion banking system under threat, has “definite spillover potential” for the UK, a banking expert has warned.

Consultant Bob Lyddon was speaking after the UK stock market slumped yesterday as a result of […]