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Economic Disaster - What Can We Do?

April 24, 2022
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Ok so i wanna do a video that covers one of the most common questions we get on the channel 

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which is people saying "i'm in, i'm down but what can we do?" and the way i want to 

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answer that is to basically talk about how i have approached the question of "what should i do?"

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so i became convinced that inequality was  basically the core economic problem when i  

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was a trader back in sort of 2010, 2011 2012, 2013 and i finally quit that job in 2014  

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basically thinking okay i have  to do something but what do i do?  

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so the very first thing i did was i basically  wrote down i made a website which wrote down  

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really clearly how does inequality affect the  economy if anybody wants to read that website it's  

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still up it's wealtheconomics.org we've bought the name garyseconomics.org i should really move it  

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to that but it's currently wealtheconomics.org  so i explained the theory and it took me like  

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a couple of months to write this website really  clearly and then i finished it and realised like  

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no one is ever going to see this  website because nobody knows who i am  

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so i thought okay basically at this point i've got 2 options which is try to get famous so people read

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my website or go back to uni and convince academics so they can spread the message 

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and this might be a surprise to some people but  

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it was never originally my intention to become  famous so i decided to go back to university first  

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that's when i realised the guys at university are  just like out of the game they are not going to  

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fix this so i realised okay you're going to try  to build this message up yourself and that is  

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why for the last nearly two years i've been trying  to basically build a brand to spread this message

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and my belief is if people understood how serious  this situation was, how bad the economy will become  

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if we don't fix inequality then it would be number  one priority for people when they went to the  

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voting booth and people would demand from their  politicians you have to fix this, this is like a  

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urgent disaster the reality of the situation  is if we don't fix wealth inequality  

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life is going to get significantly worse for people in this country generation after generation after 

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generation, you know the next generation will...  we're already seeing it now you know it's gonna  

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be a struggle just for a basic life for a lot of people and that will become more and more common  

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and it will become increasingly impossible to  get rich you know it will be very difficult even  

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to just get a basic level of comfort that's the  reality if we don't fix wealth inequality right  

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if people knew that they would stop it but i  think the number one problem at the moment is  

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people don't people don't realize that people are  not being told the truth about the economy people  

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are not being told look the economy is going to  get worse year after year that's the truth right  

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if people knew that they would stop it so what  i'm trying to do is make as many people as  

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possible aware and my hope initially and it  still is my hope is that people will see it  

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they'll jump on board and they'll amplify the  message so people watch these videos they'll

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share it with their friends you know i mean they'll  share it with their family and increasingly people  

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start to realise look this is what's happening  and i always try and back it up with predictions  

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like at the beginning of Covid i said look this will happen with Covid - the rich will get richer 

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house prices will go up, stock price will go up, inequality will go up, inflation will go up  

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and hopefully people will see those things and  they'll realise that this guy Gary - he's right  

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and they'll see also things continuing to get  worse and worse and worse and they'll say we 

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need to support this guy basically i mean what will happen for sure is if we don't fix wealth inequality 

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things will get worse that is what will happen and at the moment we're not heading towards  

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fixing wealth inequality so things are going to  get worse and that means people are going to get  

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angrier people are going to get more frustrated  with the status quo and people are going to be  

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looking for alternatives right and my idea now  is that this channel and these ideas become  

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an alternative and the way they will become an  alternative is by people supporting them by people  

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spreading the message so you know recently i've  been a bit more aggressive with saying look follow  

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the channel get your friends to follow the channel  spread the channel because the bigger my voice  

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gets the more influential these ideas become you  know i got invited to go to parliament this week  

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and they're just doing that because they want  to give a little like yeah we invited him at the  

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moment i'm not big enough to actually force them  to make a change but if we get bigger and bigger  

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and bigger and more people are listening to these  ideas we can get a point where they have to listen  

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and we can get a point where we can make this  international you know and i know that's ambitious  

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but the problem is massive so we have  to be ambitious you know what i mean  

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so when people say what can i do

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we have to build a movement we have to build a  movement and you know it might sound selfish me  

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saying you need to support this channel you need  to support my socials you need to share my videos  

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but who else is doing this you know if there are other people out there doing this get in touch 

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with me and there are some people you know i  support Patriotic Millionaires i support Tax Justice  

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UK but the truth is nobody is spreading this  message on a big enough scale so i'm trying to  

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do it so the number one you know i always bring it  down to these three things first of all understand  

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the number one idea of this channel is to help  ordinary people understand what's happening  

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i think nobody's out there making economics  accessible and easy to understand and explain  

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what's happening so these videos are here so  ordinary ordinary people can understand quite  

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simply wealth inequality is [ __ ] you and it's  [ __ ] the economy it's as simple as that and  

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if and that it's not going to get better unless  we fix it listen wealth inequality is a cancer  

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in this economy and if somebody's got cancer you  could do whatever you like around about it if you  

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don't fix the cancer that person will die and that  is what is going to happen in this economy if we  

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do not fix wealth inequality everything else will  gradually become unaffordable and you're seeing  

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it happening the nhs will become unaffordable  good quality education will become unaffordable  

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good quality housing unaffordable we will lose  all of the things that our great grandparents  

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worked and fought so hard for to make this country  a country in which ordinary people can have a good  

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quality of life we will lose those things if we  don't fix wealth inequality so how do we fix it?  

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look it's not going to be short and sharp it's not  going to be easy but it's possible listen i quit a  

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million-pound-a-year job to do this and i wouldn't  have done that if i thought it was impossible  

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i could be on a beach in the Philippines but  i'm here in London in the cold wearing a coat 

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because i think we can fix this i think we  can fix this but it's not going to be easy look  

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very rich people don't want this don't want things  to change because they're doing very well out of  

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this and they're on the newspapers you know what i  mean and they're in the radio stations and they're  

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going to go out and say oh no you shouldn't tax  the rich if you do it be an economic disaster  

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understand that's [ __ ] secondly they're going  to say oh but you can't tax them because they'll  

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leave understand that's [ __ ] you know and we  we've explained both of those things extensively  

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on this channel and we will explain them more  understand that we have to fix it if you want  

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to fix the economy and we can fix it if we agree  that this is the only thing we vote for it's the  

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only thing that we demand it's number one priority  um so that's what we have to do educate yourself  

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support this channel if you have ways that  you can support like get in touch what are  

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we looking for what are we looking  for Sim? people to help us grow it

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people to do subtitles so we can make it  international yeah people who have basically  

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to help us grow the channel because we're getting  to the stage now there's a lot of good videos here

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and it needs to be bigger we're only going to change things if we make things bigger you know so  

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*we tried to approach like Russell Brand...* yeah listen  if you know Russell Brand if you know Martin Lewis  

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or if you know anyone with a big voice who can  help us amplify them put them in touch with us man  

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because look i'm out here i was one of the  best paid economists in the world i know  

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what's happening i called it from the start i know  what's happening i know how to fix it but i need  

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to get on the stage so i need people to help me  to do that basically um in the meantime we're  

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going to be out here on my balcony making videos  every week and out in the parks watch the videos  

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share the videos, subscribe, press that little  bell thing whatever it does apparently it's  

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good for the channel but help us grow man and  spread the message and you know you can talk to  

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your politicians but the main thing we need is  basically people to help us build the voice but  

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every single person watching can help by  subscribing and sharing with their friends man  

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and understanding what's happening and being  passionate and it's it's not even just about  

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me when you're talking to your friends and your  family about the economy say look i think the  

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problem is inequality of wealth and i'm  not just saying that there's this guy who  

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explains it very clearly - show them my website,  show them my videos like look it's ideas and  

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stories that change the world, things are going  to get really really really seriously bad here  

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seriously and that is [ __ ] up but it's also an  opportunity to change things listen the last thing  

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that really really significantly improved quality  of life in this country and all over the west was  

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the second world war because things were so [ __  ] up that people said no we're not going to accept  

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it we demand change and they got change they  got affordable housing good quality healthcare  

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good quality education for all the people in this  country even the poorest people in this country  

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and it was the second world war that achieved  that because when times are really really bad  

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that's an opportunity to bring people together i  mean have an opportunity like that now and that's  

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what i'm trying to do here so i would encourage  anybody support the channel support anyone else  

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you know who's campaigning for inequality bring  people in and help grow this voice and that  

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hopefully is how we achieve change and i'm  not saying it's going to work i'm not saying  

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we're definitely going to win but if we  lose it's a big problem so we have to try  

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so yeah please support us keep  watching keep sharing thank you