Gary Stevenson

speaker

5,834 appearances 16 recordings 3 series first heard Apr 2026 last heard 26 Jul

Gary Stevenson’s voice in public audio — every appearance, attributed to the second.

Trend

recordings per month · last 12 months

Recordings per month over the last 12 months — 16 in all, peaking in Jul 2026 with 6.

Appearances

newest first · ▶ plays the moment

Garys Economics · Do bond markets control the government? · 2 Jul 2026 podcast

will say, oh, government bond investors are panicking because of Andy Burnham.

And, you know, as soon as I hear that, I would just very quickly open, I just open, I look at Bloomberg and you can see what is happening to all of the government bond markets around the world.

And you will see that obviously, because the whole world is affected by the Iran war, all of the bonds around the world will move.

So the interest rates for basically every country in the world on a big day might go up

by 0.15%, 0.2%.

And, you know, I can just very easily I can pull up just I'm looking at it right here, you can see what's happened to Germany, UK, France, Italy, Spain, USA, Japan, you know, Australia, and you'll be very able to see that what is happening is international.

And if something happens in Iran, and something happens to Andy Burnham, and

government bond prices move in every country in the Western world, that's probably not caused by Andy Burnham, right?

That's going to be caused by the Iran war.

And these stories keep happening again and again and again over the last few months.

And they are, and I don't know Andy Burnham, I've never met Andy Burnham, but these stories, if I'm totally honest, are and have been repeatedly completely idiotic to the point that they're basically verging on propaganda.

The first misconception is that the global bond market crisis is caused specifically by Andy Burnham, which is nonsense.

But we must also talk now about the second misconception about bond markets.

And the second one, which is where we have to be a little bit more critical about buying them is a idea that that often gets repeated on the left by different sections on the left, which is basically that like bond markets are like dickheads.

They shouldn't be in charge of the country.

Get rid of them.

And, you know, this is a sentiment which I totally understand.

Anybody who knows about my history and has read my book will know that I'm not the biggest cheerleader for financial traders.

And, you know, of course, your government and your economic decisions should not be being dominated by a bunch of traders in the city.

Showing 2161–2180 of 5,834 · page 109 of 292