The Asset Economy

2024 ж. 27 Нау.
82 752 Рет қаралды

"I call it this is because asset prices have increased enormously in the last 30 years and wages have only increased a bit we have moved into a new kind of economy where increasingly the work that you do is not really that important for determining how rich you are, increasingly the only thing that matters is how many assets your family has"
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Performed by Gary Stevenson
GARYSECONOMICS
Produced by Simran Mohan
MOHAN MEDIA
TIMESTAMPS
0:00 - Introduction to The Asset Economy
1:19 - Family Help
4:50 - Rich Hoarding Assets
6:08 - Assets Become Unaffordable
8:18 - The Position for Older People
11:30 - A Message for Young People
13:50 - Individuals vs Collective
16:00 - How to Protect Your Wealth

Пікірлер
  • This is sounding very much like a polite incitement to revolution. As a parent, I very much approve.

    @josephasghar@josephasghar Жыл бұрын
    • The sooner the better for us all. But this is a global problem. Even communist China.

      @CloudhoundCoUk@CloudhoundCoUk Жыл бұрын
    • I don't think it'd help as the capital will just leave the country. That said, a poorer fairer society might not be a bad thing.

      @chrisnuk@chrisnuk Жыл бұрын
    • @@chrisnuk It will do no such thing! They're always threatening that, which is why they remain untaxed. That said, international co-operation is needed and long overdue.

      @deborahcurtis1385@deborahcurtis1385 Жыл бұрын
    • ​@@chrisnuk money would leave. Houses, stocks, factories wont

      @sichambers9011@sichambers9011 Жыл бұрын
    • ​​@@sichambers9011 As long as we understand that countries that control their own currency like the UK have much more power over the markets, things could change. The notion that states need to go to markets in order to borrow their own currency is absurd and very convenient for those who love austerity

      @AlbertoGarcia-wd7sc@AlbertoGarcia-wd7sc Жыл бұрын
  • I have been struggling for years to find an economics perspective that rings true. Yours is it Gary. Thank you so much.

    @njscorney@njscorney12 күн бұрын
  • "How can wealth persuade poverty to use its political power to keep wealth in power? This is the whole art of Conservative politics in the 20th century." Aneurin Bevan.

    @johnwright9372@johnwright9372 Жыл бұрын
    • It's called propaganda and has a 10,000-year history of working. Historically, we only hear from the "winners".

      @Saka_Mulia@Saka_Mulia Жыл бұрын
    • amazing quote

      @1292liam@1292liam Жыл бұрын
    • Own the media and start culture wars and keep the poor uneducated so they'll punch down😧

      @bereal6590@bereal6590 Жыл бұрын
    • @John Wright yes! And ‘trickle down economics’, ‘taxation will cause capital flight’ and my favourite lie ‘social welfare handouts cause inflation’ - governments are a lesson in brainwashing.

      @user-qn6yt3zx3w@user-qn6yt3zx3w Жыл бұрын
    • Conservatism - A million ways to tell you tax is bad

      @Bloatyboy@Bloatyboy Жыл бұрын
  • Dude, you are blowing my mind with how much this resonates with how the economy 'feels' rather than how we were told it works. I was feeling smug about my huge mortgage being inflated away, but this makes me think that my 'sell the house' retirement plan might not work out so well for our daughter. The truth hurts. All of the government interventions that have enriched the already rich: 'Never let a good crisis go to waste' - Winston Churchill

    @photonpattern@photonpattern4 ай бұрын
    • Glad to hear that the videos are helping! I think this is a huge problem with our political/economic system at the moment. Ordinary people are being kind of seduced by rising property values, without realising the damage that it will do to their children's and grandchildren generations. Then it's no surprise we are this huge bifurcation by age in voting patterns. I think a big part of what we need to do here, is explain really clearly to older generations what a terrible situation is being created for their kids and grandkids. If we can achieve that we'll have taken a big step towards positive change

      @garyseconomics@garyseconomics4 ай бұрын
    • @@garyseconomics ...

      @ActuallyJamesS@ActuallyJamesS2 ай бұрын
  • Finally a take on economy from the standpoint of working and dispossessed people. Thank you for creating this content

    @emiliaerle6030@emiliaerle60302 ай бұрын
  • This resonates massive with me, especially the comments on mental health. My wife and I grew up within working class families but were told if you study hard at school and work, you can have a better life. You fast forward to us now in our late 20's, two people STEM PhD educated and both earning double the national average salary and we're lightyears from ever achieving assets. I slowly came to your realisation about the asset economy throughout the pandemic and I became a very moody, bitter and cynical person because I thought I was sold a lie. Slowing working through this as I know it's just the cards we were dealt unfortunately. I don't know if things will change in our life time, but hopefully when we have kids that get to our age, they might be in a better position. Thanks again Gary

    @Pikey4321@Pikey4321 Жыл бұрын
    • *Cynical

      @hmq9052@hmq9052 Жыл бұрын
    • It's crazy and very understandable that you got cynical.. I have also been noticing the latest trend of highly successful/educated people in age range of 50+ raging against young people even studying/achieving PhD/similar level... I believe that is because they know they don't need more educated poor people, they would much rather exploit the rentable services of non-asset holding (lower)working class people who all have 'traditional trades' that are of use to the asset-holding class to a) help build their house b) clean their house c) service their various assets d) work in the various shops, bars and restaurants that they like to visit ... not hard to see where such a system leads.

      @Patrick-jj5nh@Patrick-jj5nh Жыл бұрын
    • the ONLY meaningful thing you can do is become politically active. Somehow it's the last thing anyone thinks of. It's like it's uncool. But this is the ONLY WAY forward. The rest of your post assumes change will come without your personal involvement, as if it will happen somehow independently of you. No. You, I. All of us. We MUST agitate for Tax change and don't waste your time with the Conservatives. Obviously. Change must come from within. We must agitate and keep the pressure up. They WANT you to fall into a heap. It's part of the reason they make it almost impossible to survive. Nobody has got excess energy but we must find it.

      @deborahcurtis1385@deborahcurtis1385 Жыл бұрын
    • Your post really helps me. My wife and I recently entered our 40's, degree educated (wife studying for a masters). We were always told by our parents "study hard, go to Uni, work hard, buy a house" but it hasn't worked out that way. This video (and your post) makes it clear why.

      @geoffmeakin8669@geoffmeakin8669 Жыл бұрын
    • @left_blank You've clearly not read my comment properly or have not properly understood Gary's video. I'm inclined to think it's likely both

      @Pikey4321@Pikey4321 Жыл бұрын
  • I've been collecting and reading books about inequality since around 2014, but I am poor and have lived in public housing most of my life. No-one around me ever seems interested in engaging in these issues, and I guess because of my position in life not many people listen to what I have to say. Although I get a lot of personal satisfaction studying these issues, I feel like I have been investigating this stuff in a vacuum. It is so refreshing to hear this information coming from someone people might actually listen to. It's also been helpful to consolidate some of my own knowledge. You put things in a way that is easy to understand and relate to. When I saw you on that BBC panel I felt represented. Thank you.

    @nathanielroach6559@nathanielroach6559 Жыл бұрын
    • You now need to move from information to action. 😅

      @last_samurai6690@last_samurai6690 Жыл бұрын
    • @@last_samurai6690 you're right, but it's difficult to know where to start. I do my best to inform people but I'm far from the type of person people would turn to for information about the economy. The best I have managed in the last few years is to talk to people face-to-face and circulate a few books around. I have spoken to a few local and federal politicians about it. I've thought a lot about what I can really do and the conclusion I came to was just keep talking about it, keep educating myself and wait. I figure it's only a matter of time before people start looking around for solutions, but in my experience, people aren't interested until it affects their bottom line. So if things are going to get worse it's only a matter of time before people come looking for answers. I'm just doing my best to educate myself until that day comes.

      @nathanielroach6559@nathanielroach6559 Жыл бұрын
    • @Nathaniel Roach My advice was...stop talking about it, doesn't change the course of history. Stop waiting for something to change for the better. I'd anything it might get worse. These ideologies and talks of a better world have been the focus of all politicians both local and international since the end of Ww2. But the reality is, on the grand scheme of things nothing changes, for the better, at least collectively. However individually there are things you can do to improve your lot I life, using maybe the knowledge you have accumulated. Maybe from there you can help other people around you and eventually more people later. Do not expect a world where things will be smoother, despite what these ideologues on YT, in the media, academia etc want you to believe. This is as good as it gets, especially in the West. Speaking from someone who grew up in small poor country at war, now in the West.

      @last_samurai6690@last_samurai6690 Жыл бұрын
    • I suspect you are more powerful than you realise. You are able to introduce ideas to people who would otherwise have no access tho them. This is a huge achievement. Teaching by example is the greatest of achievements, find one small thing you can do and do it, grow food, swap something, share something, build your community, keep talking

      @onagoodday5557@onagoodday5557 Жыл бұрын
    • Dude seriously, type David Fogerty in the KZhead search he is a genz. He is a self made multimillionaire who was one of the new trend of people to start a business with $500. He made the Oodie. The secret to getting out of your situation is to create things people value, thus why doctors are paid so much as people value not being dead.

      @Helena-ou8ry@Helena-ou8ry11 ай бұрын
  • Imagine how much better things would be if we had people like Gary in our politics

    @bigtree6992@bigtree6992 Жыл бұрын
    • We have to speak up and act for ourselves

      @jamescoe764@jamescoe764 Жыл бұрын
    • Politics exists to protect and enhance the prospects of the rich. Chiefly corporations but increasingly the personal wealth of the elites (the billionaires club). A lot of people believe that under the historical "ancien regime" aka feudalistic kleptocracy the way that (the large generational asset owning and passive income class aka the Sunaks et al) wealth and power was obtained and protected was somehow different from "democratic society". In truth the only difference is they replaced a monarchy, which was inherently unstable, with a house of *their* representatives. So, if we look at the British civil war, the asset owning class (who had always had their interests entwined with monarchy which was itself based on clan and family ties) simply rose up and replaced that now defunct monarchy, who no longer had clan or family ties with their asset owning class, with what they termed parliamentary democracy. To protect their interests and ring fence their interests generationally. The asset owning classes through the pantomime of elected representation now have complete control over the economy and by proxy "society". The rise of global corporatism has since merely added a new top tier in the form of corporations (and all the appendant systems and services e.g. banking and trading of equities). The corporations control the asset owning class with whom they are in many ways indistinguishable and by proxy politics and "government" and by extension of government they control you. Specifically they can and do now limit your prospects, your children's prospects and generationally your children's prospects. TL;DR Politics is not something you choose to go in to. It is something you either own a stake in or work for as an employee. It is not a vehicle for changing your or your children's prospects.

      @cgavin1@cgavin1 Жыл бұрын
    • ​@@jamescoe764 we have to do that, and stick together when we are singled out, like Gary Lineker right now. #GaryLineker

      @Google_Does_Evil_Now@Google_Does_Evil_Now Жыл бұрын
    • I want to see If a Zara Sultana government with Gary as Chancellor and Akala as Secretary for Culture, Media and Sport

      @ricohgill6523@ricohgill6523 Жыл бұрын
    • They get blocked because everyone around them has been bought by the elites a thousand times over

      @nonfictionone@nonfictionone Жыл бұрын
  • I'm one of those middle class people who has moved down the class ladder. I have seen my earnings oscillate over my lifetime but no real net gain, probably even a loss if adjusted by inflation. Having paid rent all my life and had children I have never been able to save enough to put down a deposit on a property in the UK. For a while I had a well-paid job but because of debts and the impossibility of saving enough to buy a house I simply gave up trying and decided to enjoy my wage by buying and enjoying a few luxuries in the moment but not saving for the future. I will now be waiting for my dear old father to die before I can have a chance of buying a home of my own. It makes me sad and ashamed to admit it but it's the unfortunate truth. What makes things worse is the constant attack on my power in wage negotiations by a mixture of technology replacing or changing the skills required to do my job and competition from globalization. It's like being attacked from three sides at once. I feel like I have been on defensive mode all my working life. I have had to upskill and gain new expensive qualifications to remain competitive at ever turn. It seems to me the whole system is stacked against the worker and his ability to sell his labour from a position of strength.

    @joaquinmonfort1974@joaquinmonfort1974 Жыл бұрын
  • What a super intelligent person. He also has the gift of making a very dry subject extremely interesting. I’m so pleased I found this channel 😊

    @playpianotoday6223@playpianotoday62232 ай бұрын
    • Glad you enjoyed it!

      @garyseconomics@garyseconomics2 ай бұрын
  • Gary is the best. Every time I hear him speak I feel validated and learn a little more about the current state of the economy/world order. Cheers from the USA!

    @Grace-jb7me@Grace-jb7me Жыл бұрын
    • I love that he hasn't abandoned his own people. He could have sold out totally and become like the toffs but he has a conscience. He can see the solution and is calling it out. We have to do our bit now and become politically active. It's our responsibility to try. Painful as it is to sit through meetings of political parties, it's utterly necessary. Just demonstrating won't do anything. Demos rarely get reported accurately and they aren't en masse anymore. No, we have to go grass roots and develop a movement that overwhelms the powers that be. Already people aren't buying the Coronation.

      @deborahcurtis1385@deborahcurtis1385 Жыл бұрын
    • That’s the purpose of KZhead and user directed social media feeds. It’s to validate our inbuilt prejudices to confirm our own opinions. Confirmation bias. Too much knowledge is a bad thing. Google gives a multitude of information to which we apply our bias. Who knows what the right answer is when algorithms feed user search clicks into what’s deemed by user preference to be the right answer. If that’s how AI is learning we’re really doomed to intellectual oblivion.

      @brynleytalbot778@brynleytalbot778 Жыл бұрын
  • It’s sad to see that even the rich developed countries are becoming more and more like Brazil, where I’m from, the most unequal country in the world. And It’s all due to politics, also because politicians are the ultimate “assets” of the super-rich. Your channel is great, keep it up! 👊🏼

    @adriano969@adriano9694 ай бұрын
  • The simplicity of what he's saying is as devastating as it is inspiring as far as the arrow of our highest longing kinda vibe goes.

    @griffinsdad9820@griffinsdad982016 күн бұрын
  • The Elite Rich own the government. Nothing will change in this system. Gary is a Hero of Humanity. Gary has my UTMOST RESPECT.

    @anthonydavinci7985@anthonydavinci79852 ай бұрын
  • I'm a writer. I'm inspired to write a screenplay. A drama...the more creatives can storytell to the masses, the narrative will stick. So glad i've found your channel. 😊

    @ellielacrosse@ellielacrosse3 күн бұрын
  • Gary, I’m going to continue to spread your message for the future of my son. I’m a HCA for the NHS and I’m going to do my very best to hold on to my mortgaged house for him!

    @zoedenese792@zoedenese792 Жыл бұрын
    • Great idea.

      @Google_Does_Evil_Now@Google_Does_Evil_Now Жыл бұрын
    • W zoe

      @trillistseth@trillistseth Жыл бұрын
    • That will be next to impossible as they are talking about changing the inheritance tax rules again

      @JohnSmith-xj4ng@JohnSmith-xj4ng11 ай бұрын
    • You have hit the nail on the head, however are your kids prepared to care for you in old age? Yes Boomer parents have got to give up on Cruises and sheltered housing etc, but the kids and their spouses are going to have to do the caring etc if assets or their value is to be retained.

      @Deskry@Deskry8 ай бұрын
  • Gary is speaking truth to power- we all need to listen and take steps to help ourselves, our families, our communities OWN their assets and protect our wealth. I’ve shared Gary’s videos with several friends- and young members of my family as they start their careers… it’s life changing advice.

    @BR-gz3cv@BR-gz3cv6 ай бұрын
  • gary your rhetoric is so on point dude, you give me hope, can't wait to see your message continue to grow to the point of restoring balance to taxation systems, thanks for your work dude

    @LokiBeckonswow@LokiBeckonswow10 ай бұрын
  • Brilliant. I’m not an economist but I’ve come to similar conclusions over the past 60 years, especially past 20, that we are returning to a form of feudalism, in many ways not just economic. My daughter is graduating in Engineering this year, good salary, and we have nothing to offer by way of assets. She will be watching your videos as she starts her career once her exams are over. Thank you!!! Keep up your work. You deserve a Nobel Prize in Economics for what you are doing. Not sure if the brave new world will recognize you for it, but I do.

    @kennedyjames007@kennedyjames007 Жыл бұрын
  • I really enjoy your explanation of the Asset Economy. Looks as though you're basically explaining the concept of Classism.

    @jeffersonasareabanquah-asa9139@jeffersonasareabanquah-asa91392 ай бұрын
  • Brilliant explainer. Love it. Wealth tax is not after YOUR money. Unless you are Rishi and the Murdochs of course.

    @neleshpatel7414@neleshpatel741411 ай бұрын
  • Hi Gary, heard about you listening to the James O'Brien show this morning when one of his callers gave you a mention. You explain things very clearly and I'm suddenly seeing the light! What you say makes so much sense and doesn't bode well for the future. Many young people growing up today may never own a home (asset) unless they get help from the bank of mum and dad. Things look grim.

    @paulkaz1752@paulkaz17529 ай бұрын
  • Another way that inheritance is taken away from the next generation is old pensioner care- if your parents go into care their house is sold and that asset is quickly liquidated by the care system.

    @aeb200@aeb200 Жыл бұрын
    • Yeah those reverse mortgage hucksters too.

      @TheLisclark@TheLisclark Жыл бұрын
    • Which is an insentive for the superrich to lobby to privatise the care system, buy the care system up and to secure that wealth transfer to themselves..

      @randomdebris@randomdebris Жыл бұрын
    • @@randomdebris right now there is not enough margin. Because there can’t be. The people paying for it don’t have enough to actually pay for it. Once they normalise multi generational debt legality ( legal slavery ) they will put the margins up.

      @T1tusCr0w@T1tusCr0w Жыл бұрын
    • Yes, a big reason why middle class families are falling out of the asset class and the divide between the super rich and everyone else is getting bigger. Full residential care can now be as much as around £70k/yr and all assets, savings and pension will be used to fund this until the OAP has £20k left to their name. When people have utterly lost their minds, we should be adult enough to have a care system that enables them to be put to sleep, and what they did in their life be celebrated. That is not cruelty, it is humane.

      @jam99@jam99 Жыл бұрын
    • That’s whats happening in NL as well. My wife’s mother is starting to get very forgetful. I am already thinking that my wife can kiss her inheritance goodbye.

      @ollievw3450@ollievw3450 Жыл бұрын
  • Gary, marvelous! I have been watching you for quite a while and I am so impressed and pleased with your continuous development and the growth in the standard of your presentations! Such hard work and so well done! Please keep it up! You are changing lives and I am sure your message is hitting home with more and more people all the time. One day, when you are old (like me) you can look back and think: I did'nt just sit there, I made a difference to hundreds of peoples' lives. Thank you for that.

    @hannesampson4225@hannesampson4225 Жыл бұрын
    • Thanks Hanne, appreciate that

      @garyseconomics@garyseconomics Жыл бұрын
    • ​@@garyseconomics I can't echo the above enough mate, fantastic vids just keep getting better! I know you're probably mad busy and in demand but I don't suppose you've had time to see my email from the Climate Justice Coalition?

      @stum7396@stum7396 Жыл бұрын
  • Key message: young people, it's not in your head. ITS NOT IN YOUR HEAD. You should be kicking off politically (as should we all, on your behalf) before you have to kick off physically.

    @jezlawrence720@jezlawrence720 Жыл бұрын
    • I am kicking off. But this has been the case since 2014. No cared then, that why young people are silent quitting. My house mate doesn't bother registering to vote, despite my best efforts. We shouldn't be fighting for this, those in their 40's, 50s and 69's who sir in power should be doing more. The short sightedness of the current political generation is outstanding and is killing the UK. The youth voted to remain, despite it being our future no one stopped to consider that. Get mad at the current in power generations and not us!!! You forgot us.

      @UkSapyy@UkSapyy Жыл бұрын
  • All of what you say is so true. We are near retirement age and sold our larger, family home last year, using the proceeds to help our 2 daughters get a leg up towards assets of their own. It was possible because we downsized. An asset like a home means security and possibly can even help generate more income besides the usual job. We still live modestly and will hopefully be able to help them some more if times get worse. I wish this could be the case for many more people in your age group. It's important to help each other any way we can.

    @gertieriemer7548@gertieriemer7548 Жыл бұрын
  • My family and I hugely support you Gary - thank you for being part of the solution and not part of the problem. I hope to join you on this journey of inspiring collective healing one day!

    @HazzyWazzey@HazzyWazzey Жыл бұрын
  • The idea of almost a neo-feudalism is something I’ve seen bouncing round on the the internet around this topic. Seems to be a coming together of interpretations from multiple commentators. This modelling makes the most sense intuitively, from a young persons perspective such as myself who was born into upper working/lower middle class family. Always put it so succinctly Gary. I’d love to hear more about your interpretation of how history shapes this phenomenon.

    @tomhosking7766@tomhosking7766 Жыл бұрын
    • Bang on, can see this coming and it's been in the works ever since we came off the gold standard. Makes inheritance tax look even more insidious. Forcing you to sell your families asset to be bought by the rich., When the rich hold enough assets to make it financially viable to put them into PLCs and avoid the tax. We really are watching ourselves get robbed in broad daylight, and it's our own government doing it. No wonder we have so many enemies around the world!

      @chriswyles553@chriswyles553 Жыл бұрын
    • You've bounced on yanis varoufakis 😉

      @pierre-yvesmachavoine4983@pierre-yvesmachavoine4983 Жыл бұрын
    • Every idea imaginable is bouncing around the Internet. That’s it’s fundamental fault. It validates everything rather than something. But that’s great for commentators who’ve never had the access to such polarised audience participation. Economics is in basic terms a social science which acts on society to give the illusion of its predictive capacity. It’s not a physical science with laws that are universal across time. Economics has different schools. His is just one school. Academia is about pushing your school into the forefront beyond its competitors. Just like any KZhead content. These interpretative commentators are simply forming a school of thought for a growing audience. The business economics of any KZhead commentator. Whether it’s a credible school is down to your critical analysis of its fundamental points compared to competing schools of thought.

      @brynleytalbot778@brynleytalbot778 Жыл бұрын
    • I’m aware this is a perspective, and my comment was based upon my judgment of his analysis. My comment acknowledges this as a perspective and not that of truth. It’s a model, and certain models have better predictive capacity than others - as you’ve pointed out. My observation is that this is a commonality amongst multiple commentators, which suggests to me a theme, and therefore catches my attention. Thanks for sharing your perspective. It’s certainly a hygienic one.

      @tomhosking7766@tomhosking7766 Жыл бұрын
  • this is one of the core arguments in Thomas Piketty's revolutionary 'Capital'

    @jakebest5601@jakebest56012 ай бұрын
  • I just stumbled across your video and was overjoyed to see someone speaking the truth about economics. Thanks so much Gary, and I hope someone in Australia will do the same for us Aussies.💖

    @carolyngartner6865@carolyngartner6865 Жыл бұрын
    • There are people already agitating here just not from the same background. The Australia Institute is a start. The Fabian Society. The economist Steve Keen is another. Search them out. Inflitrate political organisations and agitate like HELL.

      @deborahcurtis1385@deborahcurtis1385 Жыл бұрын
    • Economics is a social science not a physical science. To attribute truth to any social science flies in the face of the philosophy of science. Society is a construct, it’s constituent elements formed through policy based on economics, meaning it defines the truth at any moment but isn’t the truth. Let another economic school define the construct and we’d moan about its consequences too. Nothing is perfect, other than nature. But it’s the nature of mans ego to think otherwise.

      @brynleytalbot778@brynleytalbot778 Жыл бұрын
    • @@deborahcurtis1385 Thanks for letting me know.

      @carolyngartner6865@carolyngartner68659 ай бұрын
  • Rediscovered this channel again post covid (impressed how your predictions came true) and it has changed some of my perspectives and I instantly want to be part of this movement, it is probably one of the most important ones we will ever have in our lifetime. I have a theory on how to sell the the idea, because ideas, no matter how good need to be sold to people for change to happen otherwise only other way it happens is some form of violent revolution or war that many will suffer for. We don't want this. I think to sell this movement to the masses, it isn't enough to educate people, I think you have to sell a message that also gives people pride. Being from the UK, our global influence is waning, we're not a major power but historically we've led the World in many of the modern innovations that have developed society (rightly or wrongly). We've led the world in socialised healthcare, ending mass state sponsored slavery, industrial revolution, the magna carta to name a few things (that we can argue about being good or bad for the world) but the point is, the type of person who needs to be sold this message is the Middle Class, but they also have a national sense of identity and pride, and if we can persaude them to lead the world on understanding the Asset Economy and that Wealth Inequality needs to be combatted, and we focus our political system to primarily achieve this goal and then we start to reduce poverty not increase it, then over a long period of time generations in the future can look back with pride. At the moment isn't a lot of pride in being British in the modern world. I don't think you can underestimate how much appealing to people's identity is vital. Because a lot of why culture wars succeed in my view is people don't like their identity challenged, Britain has done a lot of negative things in the past and if you criticise it, it feels like our very identity is being threatened, whereas in my view we should criticise the present negative things like Wealth Inequality and actually combat it! Our great grandfathers fought the Nazi's, it is our job to fight wealth inequality.

    @Hildreth1101@Hildreth110123 сағат бұрын
  • This was eyes opening!

    @lucapuzzoli8363@lucapuzzoli836327 күн бұрын
  • You must Keep emphasising that doctors entrepreneurs etc are not the enemy, keep the focus on the super rich. All the resistance I come across during such conversations is people in professional jobs thinking they are the target. You win these minds and you will have a majority on your side.

    @rich2083@rich2083 Жыл бұрын
  • Your videos just get better and better Gary. Keep them coming - the message needs spreading far and wide!

    @mooremoneymakin@mooremoneymakin Жыл бұрын
  • It is incredible that most people don’t realize that “asset gains” are inflationary - it’s always more expensive for the next person to get in. Yes an argument can be made for stocks not being inflationary, but rather productive gains, but not when debt is used to fuel stock repurchases

    @kevoreilly6557@kevoreilly65572 ай бұрын
  • Another great insight Gary. The worst con was that Austerity (taking money from the less-rich) and Trickle Down Economics (giving taxpayers money to the super-rich) is actually Suck-Up Economics (Rich buying Assets to make themselves richer so buying more assets making them richer....) real problem is that this is exponential which is why it almost always leads to huge social unrest and the serious long-term collapse of that country economically. That's the path we're currently on - not so Great Britain....😕

    @getreal7964@getreal7964 Жыл бұрын
    • @@Mark-nb9ul So where does "public money" come from? it's either from taxes or printed out of thin air (which causes inflation as we are seeing). The government does not generate money they only take from an economy and use it significantly less efficiently than private businesses.

      @CraveThatCoin@CraveThatCoin11 ай бұрын
  • Love your work,my man. Please keep it up Your words are totally needed for these times. Big love and respect.

    @masterofallhesurveys@masterofallhesurveys Жыл бұрын
  • Demoralising to realise how we are conditioned into thinking if we work hard we can "get on". I sometimes watch property programmes on TV like Escape to the Country and think "how the hell does a couple in their 20s have a £700k budget?"😮

    @marcchrys@marcchrys Жыл бұрын
    • The wife sells homemade pottery and the husband gives guitar lessons. Budget: 1.2 million.

      @utubedude2842@utubedude284211 ай бұрын
    • ​@@utubedude2842 😂😂😂

      @oliviachipperfield6029@oliviachipperfield602911 ай бұрын
    • inheritence is the biggest wealth earner.. cash from the bank of mum and dad. thats not to discount that as ok.. its just it makes the oportunities of your life specific to how much family wealth you have already.

      @DannyPoet@DannyPoet6 ай бұрын
  • Bravo, mate, soo much respect for you. I’m on a Gary’s economics binge atm

    @c0rnf1ake@c0rnf1ake Жыл бұрын
  • I now understand it completely 100% - Thanks to you - Keep the knowledge flowing to us all.

    @betdisciple2477@betdisciple247711 ай бұрын
  • "The Asset Economy" Wow.... this is a massive eye-opener. it reminds me of the middle ages you were either rich or in poverty there was no middle ground

    @cai1000@cai1000 Жыл бұрын
    • That's quickly where we're heading

      @TomNook.@TomNook. Жыл бұрын
    • yes thats what gary meant with a feudal system

      @Patrick-jj5nh@Patrick-jj5nh Жыл бұрын
  • Excellent work Gary good analysis we are regressing to feudalism , I.E a system where labour cannot change your station

    @shaneclaridge2308@shaneclaridge2308 Жыл бұрын
  • My neighbour teaches economics at a university and he was explaining this to me one evening after a few beers and to be honest I didn’t really know what to make of it and definitely didn’t fully understand. I’ve been searching for the discourse on this topic in the months since and now that I’ve found this channel it’s like a light bulb moment. The penny has 100% dropped now. Thank you mate for this amazing content - clear and accessible. I want to know what we can do to make a difference

    @arp_909@arp_90927 күн бұрын
  • This is one of the best videos in the channel so far imo. Really well articulated.

    @pgl0897@pgl0897 Жыл бұрын
  • Very well explained. Thank you Gary for educating me & keeping me informed.❤

    @leemorrison8785@leemorrison8785 Жыл бұрын
  • It’s heart breaking. I. Wondering if we will actually do anything or just sit and take it?

    @mongolmcphee7791@mongolmcphee7791 Жыл бұрын
    • Sometimes problems go deeper than change… It’s the blind leading the blind here

      @andrewneil6027@andrewneil6027 Жыл бұрын
    • You are blinded by alternative news.

      @ollydix@ollydix Жыл бұрын
    • @@ollydix I think you may have misspelled _"IknowyouarebutwhatamI"_ but I really can't be sure

      @EggBastion@EggBastion Жыл бұрын
    • I am afraid so many of us will sit and take it. I am not sure why so many people in the west refuse to act

      @SweetDulces@SweetDulces Жыл бұрын
    • @@SweetDulces We need to Be More France!

      @KatieScarlett2353@KatieScarlett235311 ай бұрын
  • This is such a good explainer video, thank you! The fact that family homes can be acquired, and accumulated and in some countries like where I am (Australia) is even encouraged via tax incentives (negative gearing, capital gains) is absolutely bonkers. Trading a human need such as housing like any other investment will always screw over those that just need a place to live. I hope more people share and see this video, it really is a great explainer of the situation we all find ourselves in.

    @DarrenReidAu@DarrenReidAu5 ай бұрын
  • I understand this, have been in favour of wealth taxes for years - but no politicians support this. Good luck Gary in making this an issue, and educating people.

    @anthonycollins9758@anthonycollins9758Ай бұрын
  • An excellent video you hit the nail on the head. I don't see the system changing any time soon unfortunately. For that reason the best strategy as an individual is to accumulate any assets you can (stocks, funds, crypto if not real estate). Even a small amount is better than nothing, because the rate of asset price growth constantly exceeds wage growth. I think if it gets bad enough I'd consider moving abroad to somewhere with lower cost of living and lower income taxes, that way there is some chance to even get on the asset ladder at all. But agree that it has dire implications for the UK long run if this continues.

    @funkymonk3487@funkymonk3487 Жыл бұрын
  • Great talk as usual. Should be used as lectures in the education system.

    @Sa-hi5nq@Sa-hi5nq Жыл бұрын
  • I've been mainlining these videos since I found them, and it's so excited to see this analysis being made publicly and in plain language. I think there are a few more reasons that we moved towards an asset economy: one being deregulation of the financial sector. Until Thatcher/Raegan, for example, share buybacks were illegal. Now over 90% of corporate profits are used on buybacks and dividends: which means 90% of the productive gain in a really significant part of the economy (as so much of what we do is done by corporations, especially since privatisation) goes to investors and asset holders, rather than going to wages, or research and development, or not pumping shit into rivers. That's not an exageration, the data for the 2010s was like 91% across the S&P top 500. I assume it will be worse now. No wonder we all feel like we're getting exhausted for nowt, we're basically running on 10% capacity and the rest is getting siphoned off to make the rich richer. Where is the money going? Over half the shares of the 300 richest corporations in the world--which are richer than most states--are owned or controlled by just 30 companies. THIRTY. ACROSS THE WHOLE WORLD. The contemporary global economy is insane and yet no one is talking about it.

    @emmacardwell8275@emmacardwell8275Ай бұрын
  • You are doing some good shit here man, this is what we need more of. What's really depressing is that you cannot be the only person who sees this so I leave people to draw their own conclusions as to why we rarely see these kinds of analysis on news/other media.

    @andiosdancien@andiosdancien Жыл бұрын
  • Good video. Let's do this. Viva la revolution!

    @iangilbert7722@iangilbert772211 ай бұрын
  • Man’s speaking truth. Came to this realization a while back.

    @Drlint88@Drlint88 Жыл бұрын
  • Wonderful explanation Gary. I hope you get to a billion subscribers because we really need more people to understand this.

    @craigbarr5805@craigbarr5805 Жыл бұрын
  • This is probably your best video yet!

    @jasonmcclatchie6877@jasonmcclatchie6877 Жыл бұрын
  • If we were to leave the economic situation to get that bad before trying to fight it then it could get very ugly. I'm very hopeful that, because much of this is built on ignorance, once a sufficiently widespread understanding is achieved then change will naturally follow. I don't imagine the free world returning to feudalism is particular good for anyone in it. Thank you for standing up and sharing your insights.

    @Make_a_Future@Make_a_Future Жыл бұрын
    • Not sure how much of the world is, really, "free", any more. The neoliberalism foisted on us by Reagan/Thatcher -- privatising public services, while the state continues to subsidise the corporations/shareholders that own them, has resulted in lower standards. Ditto the selling-off of council homes (with a ban on councils using the income to build more homes) allowed the buy-to-let scam, whereby renters pay landlords' mortgages. Tories who profit from this scam voted against a bill which would have made landlords legally responsible for ensuring that their properties were hygienic, safe and secure. As I see it, asset-owning politicians have done their best to ensure that non-asset-owners ever will be asset owners.

      @KatieScarlett2353@KatieScarlett235311 ай бұрын
  • Perfectly put as always. There's a very popular narrative being pushed by influencers etc on social media (because it gets views) that ordinary, non-wealthy people can achieve financial independence and become wealthy simply by saving and regularly investing in stocks and passive income. I think a video debunking this idea - that it's something that's actually achievable for most people - could be really effective in waking people up a bit. Funnily enough the people sharing their portfolio breakdowns on youtube never seem to explain where the large lump sums they start off with come from...

    @bobzilla211@bobzilla211 Жыл бұрын
    • Buying low cost index funds and ETFs is the best way for the average man or woman to get wealthy over time and investing over time consistently isn’t unrealistic at all.

      @lewjg2933@lewjg2933 Жыл бұрын
    • @@lewjg2933 I'm not saying it isn't good advice, just that for the majority of people it's never realistically going to get them to a place where they are able to live off interest or dividends and become truly wealthy - it won't set up their family or children. For most people not on a very high income, if they spend 30 years saving up and reinvesting maybe they can buy a bit of property or end up with a better pension at the end. And inflation + cost of living will undermine a significant amount of that. But that's assuming the last few decades of growth in equities continues - there are plenty of reasons why that might not be the case.

      @bobzilla211@bobzilla211 Жыл бұрын
    • @@bobzilla211 i think the average person can be financially comfortable over time maybe not wealthy for example let’s you make $32k after tax and you invest 20% of your income per month which is around $530 assuming a very reasonable 9% return over the course of a 30 year career it would be worth $900k. I know 900k 30 years from now won’t have the same buying power but you will be comfortable.

      @lewjg2933@lewjg2933 Жыл бұрын
    • @@lewjg2933 And after rent, childcare, health insurance ???

      @KatieScarlett2353@KatieScarlett235311 ай бұрын
    • @@KatieScarlett2353 yes it’s called budgeting and taking accountability for your financial future.

      @lewjg2933@lewjg293311 ай бұрын
  • Thank you for sharing Gary :) This is why the "Super Rich" keeps blocking reparations for all.

    @vee8648@vee8648 Жыл бұрын
  • It sure is paralyzing to think about house prices. To me one of the solutions is to think about the next best thing - about tools, things that help generate wealth. A good tool that is used well - is like a small asset. Also, we absolutely need to take our friendships and social connections seriously, keep in touch with friends and family, be a good neighbor. If everyone in a circle of friends has a small asset, but can safely share it with others, it can increase the quality of life, create opportunities for everyone.

    @user-lk9vu8nl8u@user-lk9vu8nl8u Жыл бұрын
  • Love the channel. Is it worth talking about how one of the biggest remaining government assets in the country, the NHS is a prime target for the wealthy to get hold of. The way this is playing out it seems inevitable that privatisation will happen in some form.

    @neilblanchard1268@neilblanchard1268 Жыл бұрын
    • It's already started...asset stripping of the NHS has been surreptitiously going on for decades under the guise of 'streamlining' and 'efficiency'...as with public transport and the energy sectors, only the parts that return large dividends are properly maintained, hence the decline in services. Purely profit-driven businesses are a cancer to the host society...and eventually kill the host.

      @curmudgeon1933@curmudgeon1933 Жыл бұрын
    • A lot of the profitable parts of the NHS are already going private, and if you want your non life threatening issues dealing with any time this decade a lot of patients are too.

      @ruthe6017@ruthe6017 Жыл бұрын
    • it has already started. My Father's recent cancer PET CT scan was undertaken by a private company providing services to our NHS. My own recent nerve conduction test after a wrist injury was also undertaken by a private company providing services to our NHS. But it is not just services being outsourced. The PFI [private finance initiative] where a private company finances the up-front costs for building infrastructure [hospitals, schools, prisons etc..] instead of the government effectively gifts those infrastructure assets to private companies for generating shareholder profits. It also saddles our government with spending significantly more on these projects than they were worth. All to the benefit of the private firms [and their shareholders] running them and to the taxpayers’ [our] detriment.

      @julianpriest8287@julianpriest8287 Жыл бұрын
  • Millions of people need to see this and hear the message from Gary. Not only in the UK but all over the world. We need to stand up to the elite who are bleeding us dry and killing us as they do so. There Is strength in numbers. More people need to collectively believe that. Im struggling mentally in my late 20s with a bachelors degree and working a min wage job with no hope for the future. I'm at the point over the past few months asking myself why I'm even alive if I have no vision for the future to enjoy but Gary is keeping the flame alive. Honestly thank you Gary for helping to pull me back from an increasing dark place. 🙏🏽

    @Challenger160@Challenger160 Жыл бұрын
    • I want to help. Message me

      @sophifification@sophifification Жыл бұрын
    • Your not alone friend

      @Willsbrainmatter@Willsbrainmatter Жыл бұрын
    • Dude, it’s not all about money. If you believe money makes you happy you have bought the lie. The sun still shines. Many uber rich are emotionally stunted and starved individuals living miserable lives. It is literally incredible that you were born and you have 80 years to view the universe.

      @nonfictionone@nonfictionone Жыл бұрын
  • After listening go Hunt speak of shoving parents I to work who can't afford childcare, forcing the sick into work and claiming the tax burden is low. I am sickened by him and his party. This is now punishing the poor vulnerable and sick on steroids!!! Thank you Gary for all you do to enlighten people to the reality of what's happening ✌

    @bereal6590@bereal6590 Жыл бұрын
  • Keep up the amazing work, Gary.

    @tomato6460@tomato6460 Жыл бұрын
  • You’re excellent at explaining something I can feel every day, but struggle to unthread and life the veil on. I feel less stressed knowing that my gut feeling isn’t wrong, and more focused on finding a way for my family and my employees to find a way out of this without crapping on our customers. How we do that though - I currently have no idea.

    @thetreefellane@thetreefellane Жыл бұрын
  • Cheers for another great video, Gary. I'm trying to resist going down a rabbit hole, looking into techno-feudalism and U.B.I, but no doubt will fall in soon enough. Thanks for inspiring my descent. 🤪

    @mumbleweed2729@mumbleweed2729 Жыл бұрын
  • Everyone, everywhere must watch this video. Gary, please continue informing the public.

    @pmar414@pmar414 Жыл бұрын
  • Excellent, excellent, excellent 👌

    @FairlyEducational@FairlyEducational Жыл бұрын
  • Not only is Gary, smart and effective in his videos, but also very humble and down to earth off-screen as well, I can't say the same about a lot of people

    @maherhamadouch2005@maherhamadouch2005 Жыл бұрын
  • This is one of the reasons why I decided to go into politics. Standing in the next election as a Lib Dem. 👍

    @DrBretPalmer@DrBretPalmerАй бұрын
  • Brilliant video, as many people as possible need to see this.

    @kieranharris7565@kieranharris75652 ай бұрын
  • You are a complete breath of fresh air, I love the fact that this message will educate many both now and the future

    @grahamberrie2462@grahamberrie2462 Жыл бұрын
  • I it funny, that your channel got recommended to me only after spending more or less two weeks on KZhead searching for podcasts about Leonard's "Lords of easy money" and Piketty's "Capital". And I ended up with these two books only after I decided, that my sense of disappointment with the world can not be only a famous millennial anxiety, that there must be something more to it. So here I am, basically realizing that there may be a really big problem in how the economy is working right now (assuming you, Piketty, Leonard etc are right) and it is a non existent problem in the media. No one talks about it, no one discuss it - it literally requires for an average citizen, to already be on the topic for quite some time, to be directed to these information.

    @jurysdykcja@jurysdykcja Жыл бұрын
  • Thanks 👍

    @petermanuel5043@petermanuel5043 Жыл бұрын
  • Well said, Gary! We are also encouraging people to focus more on assets since that's key to long-term success

    @alphascorpius@alphascorpius11 ай бұрын
  • Bro the things u just said on Russel brands live premier. O my days bruv. Great stuff bro. Subscribed 10000x

    @impossiblehead3854@impossiblehead3854 Жыл бұрын
  • Great video mate. I would like to add a point to the challenges facing young people that the older need to realise. This is that the costs of doing anything is higher for them than it was for the previous generation. Unlike their parents, they dont get free university education or low cosr access to resources like sport, transport or reasonable rent. These are things the previous generation had, but have been taken away mainky by the State. So not only are assets now out of reach, but they are unable to save to even have a chance of biuing anything without being crippled by massive debt. So assets are not the only imortant thing, but also access to reasonable costs of inputs whether that be living costs, education or transport and housing. That is an equal threat to the super rich making assets unaffordable.

    @thecollaborativenegotiator3420@thecollaborativenegotiator3420 Жыл бұрын
    • Yes these are good points. One big way in which inequality has increased, which I have not mentioned in the video, has been the loss of state assets (ultimately, in the end, to the rich), and the huge increase in government debt (again, to the rich). This makes it more difficult for the state to provide good public services, of course, especially without any serious political will to tax the richest.

      @garyseconomics@garyseconomics Жыл бұрын
    • ​@@garyseconomics I see you're on Stay Free tomorrow... Good man. I shared a lot of your stuff with Russell, I believe minds like yours coming together can help educate and create the necessary change required to help the average Joe gain the skills and knowledge to help them succeed...

      @WSmith_1984@WSmith_1984 Жыл бұрын
    • @@garyseconomics Scary question, butwhat is the end game when all the middle class and poor assets are owned by the rich. Only thing left for the middle class and poor is to revolt, strike and riot.

      @stephenimpala@stephenimpala Жыл бұрын
  • Could you do a sort of hypothetical outlook on what the future (20+ years) potentially looks like based on the current trajectory for the average or poor person vs the elite ? To show people what we could/will be in for if we don't disrupt the status quo? I think it is hard for many to grasp the reality we could be facing. Thankyou x

    @hermitpermit2553@hermitpermit2553 Жыл бұрын
    • I don't have the expertise of Gary but I know things are looking bleak; rampant homelessness, people unable to obtain basic healthcare

      @Luke-tt3dt@Luke-tt3dt Жыл бұрын
    • @@Luke-tt3dt Agree. It might sound dystopian but already now people in the UK are have to choose between food or heating their house, many live in cold, damp houses full of mold, an incredible amount of people report skipping meals and being behind on bills and rent... the 1800's are coming back and it's not looking pretty.

      @fridaber6069@fridaber6069 Жыл бұрын
    • Fascism innit

      @crayontom9687@crayontom9687 Жыл бұрын
    • You what someone should do. Write a book on it. A dramatic story about a family through say the last 100 years starting from just after ww2 to say 2040s. Unfortunately it would take someone who really understands this stuff but is also a fantastic writer too. Orwell basically… but talent just doesn’t stop. There are those who could do it I bet.

      @T1tusCr0w@T1tusCr0w Жыл бұрын
  • Such a huge skill you have to inform the masses. Full support. Youmake a difference

    @sander-qr1jw@sander-qr1jw Жыл бұрын
  • Well done Gary, getting better all the time! Keep it up.

    @hannesampson4225@hannesampson42259 ай бұрын
  • Here's a comment for the algorithm. Thanks for what you're doing

    @rossdavison6526@rossdavison6526 Жыл бұрын
  • Gary, I love your videos and they are extremely eye opening. Thank you! I have one question that I would like somebody to delve into for me though: - Isn’t the issue actually the idea of passive income and asset-owning itself? I mean, with passive income comes increased ability to buy more assets which creates more wealth and so on, so forth. Surely making such practice significantly less lucrative is the actual solution?

    @perrymason866@perrymason866 Жыл бұрын
  • Well said, this topic should be front centre of politics right now before it boils over. I was born in 1982, this bad trend for society is something I’ve witnessed ticking along getting worse for years.

    @subbedtodeath2051@subbedtodeath2051 Жыл бұрын
  • You’re doing God’s work here Gary. I’ve been trying to articulate what I mean when I say we’re not far from corporate feudalism and you even done it perfectly.

    @SKARTLEAD@SKARTLEAD Жыл бұрын
  • Great stuff Gary. I’m interested in what ways this will impact the productive economy. I can see how we can adopt certain policies to safeguard housing but will policies be required to protect the economy outside of our basic needs?

    @chrispeacock1257@chrispeacock1257 Жыл бұрын
  • Currently the super rich, corporations and governments are putting the middle and working class against each other, "taxing the rich" means taxing high income workers... But they aren't the super rich who have millions in passive income.

    @TomNook.@TomNook. Жыл бұрын
  • Printing money (Quantitive Easing) inflates asset prices and simultaneously devalues the buying power of the £ in your pocket. It's a double edged sword that has hugely curtailed the financial futures and hopes of all the generations born in UK since 1980.

    @Jake-gq7ci@Jake-gq7ci Жыл бұрын
  • Thank you Gary 😊

    @colinbrigham8253@colinbrigham8253 Жыл бұрын
  • Great video as always. Could you do some more videos about other policies beyond a wealth tax that could be used to help? i.e. housing policies, foreign investment policies, country wide economic focus rather than big cities (i.e. London vs the rest of the UK)

    @HaydenCohen@HaydenCohen Жыл бұрын
  • Another issue is that even if your parents don't sell their houses and take the money out to enjoy a retirement, if they have to go into care for any length of time their house will be taken to fund this. We loose either way!

    @philippasimms5269@philippasimms5269 Жыл бұрын
    • when the only winning move . . . it's getting darker and darker to think about anything at all

      @EggBastion@EggBastion Жыл бұрын
    • That’s why they need to sign their house across to the next generation before they need to go into care

      @poshpaddy1@poshpaddy1 Жыл бұрын
  • That balloon analogy was a brilliant way to explain wealth inequality. We are going to suffocate unless we do something about it.

    @Fuji9001@Fuji9001 Жыл бұрын
  • Nailed it once again. Clear concise info that should be shared to any Yr6, ks3 and ks4 children.

    @EricsStuds@EricsStuds Жыл бұрын
  • Is the Asset Economy a section of the Capitalist Economy timeline, heading towards the very end where the few own everything, including governments/countries?

    @mikespurs4717@mikespurs4717 Жыл бұрын
    • I’d hazard a guess at “yes” in answer to that question. Think it’s already showing up if you look at the influence of super wealthy media moguls (murdoch) for example.

      @annabelcleare138@annabelcleare138 Жыл бұрын
  • Would love to hear a video from you about these assets like land, housing, etc owned increasingly by financial companies and banks... Thanks for your videos, so straightforward and accessible...

    @sabrinatana2802@sabrinatana2802 Жыл бұрын
    • More or less all his videos are about that in some fashion: the wealthy rich he's talking about are the ones who own those corps and debts. Not saying it wouldn't be interesting to get a deep dive, just that he's drawn that picture already a few times, perhaps mostly in passing but it's there. In short: what you just said is the conclusion he wants you to bring yourself to by explaining the theories and movement of money. If youre asking the question it's either worked or you've been aware of it for a while yourself anyway. But literally when hes taking about the wealthy he's talking about people who own assets. And debt and housing are assets, and companies that own them... Are owned by the wealthy.

      @jezlawrence720@jezlawrence720 Жыл бұрын
    • Haha The youth would probably agree with Boomers, if they had the same opportunity…

      @andrewneil6027@andrewneil6027 Жыл бұрын
    • @@andrewneil6027 of course they would. Massive generational shifts are caused by material conditions.

      @Rogue_Leader@Rogue_Leader Жыл бұрын
    • @@andrewneil6027 agreed. But they *don't*.

      @jezlawrence720@jezlawrence720 Жыл бұрын
    • Like Black Rock

      @michaelsmedley7519@michaelsmedley7519 Жыл бұрын
  • Just stumbled upon your channel, and although i don't have your scolar background, i see the world around us playing out exactly as you describe. Regarding property assets, people also seem to be oblivious to the fact that property funds exponentially raise house prices, and the middle class are all over them! They are cashing in now, to see their children and grandchildren suffer in the future! Keep up the good work. We need more dissenting voices to educate the public. People need to spend less and invest more. Economic educaton is needed more than ever.

    @John_Neves@John_Neves2 ай бұрын
  • This is absolutely brilliant. 👌

    @joelboy19@joelboy19 Жыл бұрын
  • Thank you Gary. Did you read Sacred Economics by Eisenstein? Thoughts?

    @Patrick-jj5nh@Patrick-jj5nh Жыл бұрын
    • Also, just realised you are doing 'Stand-up Economics' as opposed to 'Stand-up Comedy' ;) I'm into it!

      @Patrick-jj5nh@Patrick-jj5nh Жыл бұрын
  • I feel like the ONLY way for the working class to attain social mobility is to win the lottery, this is a catastrophic injustice

    @Adamb87@Adamb87 Жыл бұрын
    • If you’re born stupid and ugly don’t bother…!

      @andrewneil6027@andrewneil6027 Жыл бұрын
    • Completely agree

      @lgcoytv@lgcoytv Жыл бұрын
    • The poor only need to manage money better… On that note, I’ll take a loan of 7million and live on interest

      @andrewneil6027@andrewneil6027 Жыл бұрын
    • Wiping out the poor and middle class

      @lpdleoni3850@lpdleoni3850 Жыл бұрын
    • I feel the same. Only way anything will ever improve for me

      @portwest400@portwest400 Жыл бұрын
  • Very insightful

    @northwestcoast@northwestcoast2 ай бұрын
  • again excellent gary - many thanks

    @grahamdavid007@grahamdavid007 Жыл бұрын
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