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Gary Quoted In Parliament

March 12, 2024
Wealth Inequality Enough is Enough Tax Wealth Not Work Economics of Covid Rich get Richer Poor get Poorer Economics Explained Tax the Rich End Austerity Billionaire Poverty
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as<00:00:00.399> Gary<00:00:00.719> Stevenson<00:00:01.240> said<00:00:01.439> in<00:00:01.560> his<00:00:01.719> article

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as Gary Stevenson said in his article

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as Gary Stevenson said in his article last<00:00:02.280> week<00:00:02.399> in<00:00:02.520> the<00:00:02.800> guardian<00:00:03.800> the<00:00:03.959> year<00:00:04.640> 20

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last week in the guardian the year 20

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last week in the guardian the year 20 2011<00:00:06.520> I<00:00:06.680> placed<00:00:06.960> the<00:00:07.080> bet<00:00:07.399> the<00:00:07.480> BET<00:00:07.720> was<00:00:07.879> 100s

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2011 I placed the bet the BET was 100s

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2011 I placed the bet the BET was 100s of<00:00:08.280> billions<00:00:08.599> of<00:00:08.719> pounds<00:00:08.960> in<00:00:09.120> economic

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of billions of pounds in economic

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of billions of pounds in economic stimulus<00:00:09.920> poured<00:00:10.200> into<00:00:10.440> the<00:00:10.559> UK<00:00:10.840> and<00:00:11.040> US

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stimulus poured into the UK and US

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stimulus poured into the UK and US economies<00:00:11.719> would<00:00:11.920> not<00:00:12.080> reach<00:00:12.360> the<00:00:12.480> people<00:00:12.679> who

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economies would not reach the people who

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economies would not reach the people who needed<00:00:13.040> it<00:00:13.559> it<00:00:13.679> would<00:00:13.839> settle<00:00:14.080> in<00:00:14.200> the<00:00:14.280> pockets

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needed it it would settle in the pockets

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needed it it would settle in the pockets of<00:00:14.679> the<00:00:14.799> richest<00:00:15.599> who<00:00:15.799> would<00:00:16.039> use<00:00:16.240> it<00:00:16.400> to<00:00:16.520> buy

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of the richest who would use it to buy

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of the richest who would use it to buy the<00:00:16.840> homes<00:00:17.080> of<00:00:17.240> the<00:00:17.359> poor<00:00:17.640> and<00:00:17.760> the<00:00:17.880> economy

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the homes of the poor and the economy

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the homes of the poor and the economy would<00:00:18.359> never<00:00:18.640> recover<00:00:19.520> that<00:00:19.680> year<00:00:19.840> I<00:00:19.920> was<00:00:20.080> City

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would never recover that year I was City

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would never recover that year I was City bank's<00:00:20.680> most<00:00:20.880> profitable<00:00:21.279> Trader<00:00:22.000> in<00:00:22.160> the

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bank's most profitable Trader in the

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bank's most profitable Trader in the world<00:00:22.800> they<00:00:22.960> paid<00:00:23.160> me<00:00:23.240> $2<00:00:23.560> million<00:00:24.519> and<00:00:24.640> asked

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world they paid me $2 million and asked

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world they paid me $2 million and asked me<00:00:24.920> to<00:00:25.039> do<00:00:25.160> it<00:00:25.359> again<00:00:26.000> it<00:00:26.080> was<00:00:26.240> around<00:00:26.560> then<00:00:26.720> I

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me to do it again it was around then I

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me to do it again it was around then I realized<00:00:27.840> the<00:00:28.119> whole<00:00:28.439> economic<00:00:28.920> system

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realized the whole economic system

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realized the whole economic system wasn't<00:00:30.320> working<00:00:31.320> and<00:00:31.480> that<00:00:31.679> Mr<00:00:31.960> Speaker<00:00:32.279> is

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wasn't working and that Mr Speaker is

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wasn't working and that Mr Speaker is where<00:00:32.840> why<00:00:33.040> we<00:00:33.160> are<00:00:33.399> where<00:00:33.559> we<00:00:33.680> are