okay<00:00:00.919> guys<00:00:01.160> welcome<00:00:01.439> back<00:00:01.560> to<00:00:01.680> Gary's

okay guys welcome back to Gary's

okay guys welcome back to Gary's economics<00:00:03.360> this<00:00:03.520> week<00:00:03.719> we<00:00:03.919> got<00:00:04.040> something<00:00:04.279> a

economics this week we got something a

economics this week we got something a little<00:00:04.560> bit<00:00:04.799> different<00:00:05.120> for<00:00:05.279> you<00:00:05.560> we<00:00:05.680> are

little bit different for you we are

little bit different for you we are going<00:00:05.920> to<00:00:06.080> show<00:00:06.399> you<00:00:07.040> um<00:00:07.680> a<00:00:07.879> live<00:00:08.080> record

going to show you um a live record

going to show you um a live record Another<00:00:08.719> speech<00:00:09.000> I<00:00:09.200> gave<00:00:10.200> at<00:00:10.440> Cambridge<00:00:10.920> to

Another speech I gave at Cambridge to

Another speech I gave at Cambridge to kick<00:00:11.240> off<00:00:11.440> my<00:00:11.679> book<00:00:11.880> launch<00:00:12.160> a<00:00:12.280> couple<00:00:12.480> of

kick off my book launch a couple of

kick off my book launch a couple of months<00:00:12.840> ago<00:00:14.040> um<00:00:15.040> I<00:00:15.160> got<00:00:15.280> to<00:00:15.400> be<00:00:15.519> honest<00:00:15.920> if

months ago um I got to be honest if

months ago um I got to be honest if we've<00:00:16.240> gotten<00:00:16.520> around<00:00:16.760> to<00:00:17.000> this<00:00:17.199> point<00:00:17.640> it

we've gotten around to this point it

we've gotten around to this point it means<00:00:18.199> basically<00:00:18.840> we<00:00:19.000> have<00:00:19.199> run<00:00:19.480> out<00:00:19.640> of

means basically we have run out of

means basically we have run out of videos<00:00:21.000> and<00:00:21.080> the<00:00:21.240> reason<00:00:21.480> for<00:00:21.680> that<00:00:21.840> is

videos and the reason for that is

videos and the reason for that is because<00:00:22.320> I<00:00:22.439> am<00:00:22.640> currently<00:00:23.080> on<00:00:23.320> holiday

because I am currently on holiday

because I am currently on holiday cycling<00:00:24.359> from<00:00:24.599> Tokyo<00:00:25.000> to<00:00:25.199> kagoshima<00:00:25.800> in

cycling from Tokyo to kagoshima in

cycling from Tokyo to kagoshima in Southwestern<00:00:26.920> Japan<00:00:28.000> um<00:00:29.000> listen<00:00:29.359> it's<00:00:29.519> been<00:00:29.759> a

Southwestern Japan um listen it's been a

Southwestern Japan um listen it's been a pretty<00:00:30.199> mental<00:00:30.720> year<00:00:30.920> for<00:00:31.080> me<00:00:31.679> I've<00:00:31.800> been

pretty mental year for me I've been

pretty mental year for me I've been working<00:00:32.200> really<00:00:32.399> hard<00:00:32.759> Channel's<00:00:33.120> growing<00:00:33.360> a

working really hard Channel's growing a

working really hard Channel's growing a lot<00:00:34.520> uh<00:00:34.840> I've<00:00:35.000> had<00:00:35.160> a<00:00:35.280> ton<00:00:35.440> of<00:00:35.640> publicity<00:00:36.079> with

lot uh I've had a ton of publicity with

lot uh I've had a ton of publicity with the<00:00:36.320> book<00:00:37.000> um<00:00:37.960> trying<00:00:38.079> to<00:00:38.160> grow<00:00:38.399> everything

the book um trying to grow everything

the book um trying to grow everything trying<00:00:38.879> to<00:00:39.000> push<00:00:39.160> things<00:00:39.360> politically<00:00:39.920> and

trying to push things politically and

trying to push things politically and it's<00:00:40.200> been<00:00:40.360> a<00:00:40.440> lot<00:00:40.559> of<00:00:40.680> work<00:00:41.079> and<00:00:41.480> uh<00:00:42.399> to<00:00:42.520> be

it's been a lot of work and uh to be

it's been a lot of work and uh to be honest<00:00:42.879> I'm<00:00:42.960> feeling<00:00:43.239> a<00:00:43.360> little<00:00:43.559> bit

honest I'm feeling a little bit

honest I'm feeling a little bit creatively<00:00:45.360> exhausted<00:00:46.360> and<00:00:46.800> um<00:00:47.800> you<00:00:47.960> know<00:00:48.879> we

creatively exhausted and um you know we

creatively exhausted and um you know we get<00:00:49.160> a<00:00:49.239> lot<00:00:49.320> of<00:00:49.440> support<00:00:49.640> for<00:00:49.760> this<00:00:49.879> channel

get a lot of support for this channel

get a lot of support for this channel now<00:00:50.239> I've<00:00:50.360> got<00:00:50.440> a<00:00:50.559> manager<00:00:50.960> and<00:00:51.079> we've<00:00:51.239> got

now I've got a manager and we've got

now I've got a manager and we've got Jack<00:00:52.000> here<00:00:52.199> the<00:00:52.320> videographer<00:00:53.039> but<00:00:53.239> but

Jack here the videographer but but

Jack here the videographer but but creatively<00:00:53.879> it's<00:00:54.000> still<00:00:54.239> basically<00:00:54.600> me<00:00:54.760> who

creatively it's still basically me who

creatively it's still basically me who does<00:00:55.079> the<00:00:55.199> videos<00:00:55.840> and<00:00:56.320> um<00:00:57.320> with<00:00:57.440> all<00:00:57.600> the<00:00:57.760> book

does the videos and um with all the book

does the videos and um with all the book and<00:00:58.199> the<00:00:58.359> interviews<00:00:59.079> and<00:00:59.359> the<00:00:59.559> the<00:00:59.640> video<00:01:00.120> for

and the interviews and the the video for

and the interviews and the the video for the<00:01:00.359> channel<00:01:00.879> I'm<00:01:01.039> feeling<00:01:01.280> a<00:01:01.359> bit<00:01:01.519> knackered

the channel I'm feeling a bit knackered

the channel I'm feeling a bit knackered and<00:01:02.359> and<00:01:02.480> the<00:01:02.600> election<00:01:03.000> all<00:01:03.120> that<00:01:03.280> nonsense

and and the election all that nonsense

and and the election all that nonsense um<00:01:04.479> so<00:01:04.680> I've<00:01:04.839> decided<00:01:05.119> to<00:01:05.239> get<00:01:05.360> out<00:01:05.479> of<00:01:05.640> here<00:01:05.840> go

um so I've decided to get out of here go

um so I've decided to get out of here go back<00:01:06.159> to<00:01:06.320> Japan<00:01:07.080> um<00:01:08.000> those<00:01:08.159> of<00:01:08.240> you<00:01:08.320> who<00:01:08.439> read

back to Japan um those of you who read

back to Japan um those of you who read the<00:01:08.640> book<00:01:08.799> when<00:01:08.920> I<00:01:09.000> lived<00:01:09.200> in<00:01:09.280> Japan<00:01:09.560> for<00:01:09.640> two

the book when I lived in Japan for two

the book when I lived in Japan for two years<00:01:10.200> and<00:01:10.479> I<00:01:10.880> used<00:01:11.080> to<00:01:11.159> spend<00:01:11.360> a<00:01:11.400> lot<00:01:11.520> of<00:01:11.600> time

years and I used to spend a lot of time

years and I used to spend a lot of time in<00:01:11.799> there<00:01:11.960> before<00:01:12.240> covid<00:01:13.200> so<00:01:13.320> I've<00:01:13.479> decided<00:01:13.799> to

in there before covid so I've decided to

in there before covid so I've decided to take<00:01:14.119> a<00:01:14.200> little<00:01:14.360> bit<00:01:14.479> of<00:01:14.560> a<00:01:14.680> break<00:01:15.200> go<00:01:15.360> and<00:01:15.520> do

take a little bit of a break go and do

take a little bit of a break go and do this<00:01:15.960> cycle<00:01:16.240> that<00:01:16.360> I've<00:01:16.439> wanted<00:01:16.680> to<00:01:16.759> do<00:01:16.920> for

this cycle that I've wanted to do for

this cycle that I've wanted to do for ages<00:01:17.520> from<00:01:17.720> Tokyo<00:01:18.119> to<00:01:18.520> to<00:01:18.720> Southwest<00:01:19.400> Japan

ages from Tokyo to to Southwest Japan

ages from Tokyo to to Southwest Japan and<00:01:20.280> um<00:01:21.280> I've<00:01:21.439> tried<00:01:21.759> my<00:01:21.880> best<00:01:22.040> to<00:01:22.240> film<00:01:22.840> videos

and um I've tried my best to film videos

and um I've tried my best to film videos to<00:01:23.360> fill<00:01:23.600> the<00:01:23.759> Gap<00:01:24.040> but<00:01:24.119> I'm<00:01:24.240> not<00:01:24.360> sure<00:01:24.560> we're

to fill the Gap but I'm not sure we're

to fill the Gap but I'm not sure we're going<00:01:24.799> to<00:01:24.880> be<00:01:24.960> able<00:01:25.079> to<00:01:25.200> cover<00:01:25.439> the<00:01:25.560> whole<00:01:25.759> time

going to be able to cover the whole time

going to be able to cover the whole time and<00:01:26.560> uh<00:01:26.720> We've<00:01:26.920> scheduled<00:01:27.520> this<00:01:27.759> to<00:01:27.920> be<00:01:28.079> the

and uh We've scheduled this to be the

and uh We've scheduled this to be the last<00:01:28.759> video<00:01:29.360> before<00:01:30.119> uh<00:01:30.479> before<00:01:30.680> we<00:01:30.840> go<00:01:31.200> blank

last video before uh before we go blank

last video before uh before we go blank for<00:01:31.720> a<00:01:31.840> bit<00:01:32.040> maybe<00:01:32.240> for<00:01:32.439> part<00:01:32.600> of<00:01:32.720> August

for a bit maybe for part of August

for a bit maybe for part of August before<00:01:33.759> I<00:01:33.840> come<00:01:34.000> back<00:01:34.119> for<00:01:34.240> my<00:01:34.600> holiday<00:01:35.600> and

before I come back for my holiday and

before I come back for my holiday and this<00:01:36.560> is<00:01:37.560> a<00:01:37.759> speech<00:01:38.079> I<00:01:38.280> gave<00:01:38.640> at<00:01:38.799> Robinson

this is a speech I gave at Robinson

this is a speech I gave at Robinson college<00:01:39.520> in<00:01:39.680> Cambridge<00:01:40.520> um<00:01:41.520> it's<00:01:41.680> a<00:01:41.799> little

college in Cambridge um it's a little

college in Cambridge um it's a little bit<00:01:42.079> more<00:01:42.240> personal<00:01:42.600> a<00:01:42.680> little<00:01:42.840> bit<00:01:42.960> more

bit more personal a little bit more

bit more personal a little bit more emotional<00:01:43.720> than<00:01:43.840> a<00:01:43.920> lot<00:01:44.040> of<00:01:44.119> the<00:01:44.200> stuff<00:01:44.399> that<00:01:44.479> I

emotional than a lot of the stuff that I

emotional than a lot of the stuff that I do<00:01:45.040> talking<00:01:45.360> about<00:01:45.600> sort<00:01:46.159> of<00:01:47.159> how<00:01:47.320> I<00:01:47.479> deal<00:01:47.719> with

do talking about sort of how I deal with

do talking about sort of how I deal with sort<00:01:48.040> of<00:01:48.159> living<00:01:48.399> in<00:01:48.600> this<00:01:48.960> economy<00:01:49.439> which

sort of living in this economy which

sort of living in this economy which where<00:01:49.799> things<00:01:50.000> get<00:01:50.200> worse<00:01:50.399> and<00:01:50.560> worse<00:01:51.240> and

where things get worse and worse and

where things get worse and worse and trying<00:01:51.600> to<00:01:51.759> stop<00:01:52.000> it<00:01:52.640> um<00:01:53.640> I<00:01:53.759> think<00:01:53.920> it's<00:01:54.040> a

trying to stop it um I think it's a

trying to stop it um I think it's a really<00:01:54.280> nice<00:01:54.479> speech<00:01:54.920> and<00:01:55.119> I<00:01:55.320> promised<00:01:55.960> uh<00:01:56.600> a

really nice speech and I promised uh a

really nice speech and I promised uh a room<00:01:56.920> full<00:01:57.079> of<00:01:57.200> scousers<00:01:57.640> in<00:01:57.719> waterstones

room full of scousers in waterstones

room full of scousers in waterstones Liverpool<00:01:58.680> that<00:01:58.759> I'd<00:01:58.920> put<00:01:59.039> it<00:01:59.119> up<00:01:59.240> on<00:01:59.360> the<00:01:59.880> you

Liverpool that I'd put it up on the you

Liverpool that I'd put it up on the you at<00:02:00.200> some<00:02:00.360> point<00:02:00.600> so<00:02:00.759> hopefully<00:02:01.119> they're<00:02:01.280> still

at some point so hopefully they're still

at some point so hopefully they're still watching<00:02:02.759> um<00:02:03.000> unfortunately<00:02:03.479> there's<00:02:03.600> a<00:02:03.719> few

watching um unfortunately there's a few

watching um unfortunately there's a few problems<00:02:04.280> with<00:02:04.439> the<00:02:04.520> sound<00:02:04.840> quality<00:02:05.719> um<00:02:06.320> but

problems with the sound quality um but

problems with the sound quality um but since<00:02:06.680> we've<00:02:06.840> got<00:02:06.960> a<00:02:07.119> gap<00:02:07.439> with<00:02:07.600> no<00:02:07.759> videos<00:02:08.280> I

since we've got a gap with no videos I

since we've got a gap with no videos I think<00:02:08.560> it's<00:02:08.759> worth<00:02:09.239> watching<00:02:09.640> I<00:02:09.720> think<00:02:09.840> it's

think it's worth watching I think it's

think it's worth watching I think it's really<00:02:10.119> interesting<00:02:10.440> it's<00:02:10.599> about<00:02:10.759> 45<00:02:11.120> minutes

really interesting it's about 45 minutes

really interesting it's about 45 minutes long<00:02:12.440> I<00:02:12.560> hope<00:02:12.720> you<00:02:12.879> like<00:02:13.160> it<00:02:14.160> uh<00:02:14.319> I<00:02:14.440> get<00:02:14.560> a

long I hope you like it uh I get a

long I hope you like it uh I get a little<00:02:14.760> bit<00:02:14.959> emotional<00:02:15.280> in<00:02:15.440> it<00:02:15.640> but<00:02:16.360> um<00:02:17.360> after

little bit emotional in it but um after

little bit emotional in it but um after this<00:02:17.920> I<00:02:18.040> think<00:02:18.200> we'll<00:02:18.640> probably<00:02:19.120> have<00:02:19.280> a<00:02:19.440> gap

this I think we'll probably have a gap

this I think we'll probably have a gap of<00:02:19.800> a<00:02:19.879> few<00:02:20.040> weeks<00:02:20.280> before<00:02:20.480> I<00:02:20.599> come<00:02:20.840> back<00:02:21.280> in

of a few weeks before I come back in

of a few weeks before I come back in September<00:02:22.000> and<00:02:22.120> start<00:02:22.280> shooting<00:02:22.959> again<00:02:23.959> so

September and start shooting again so

September and start shooting again so this<00:02:24.720> will<00:02:24.840> be<00:02:25.000> it<00:02:25.160> for<00:02:25.360> me<00:02:25.680> for<00:02:25.879> a<00:02:26.000> few<00:02:26.239> weeks

this will be it for me for a few weeks

this will be it for me for a few weeks um<00:02:29.560> I'll<00:02:30.120> back<00:02:30.640> and<00:02:30.760> I<00:02:30.840> hope<00:02:30.920> you<00:02:31.040> enjoy<00:02:31.280> this

um I'll back and I hope you enjoy this

um I'll back and I hope you enjoy this last<00:02:31.640> video<00:02:32.120> thank<00:02:32.319> you<00:02:32.879> and<00:02:33.000> also<00:02:33.239> thanks<00:02:33.440> for

last video thank you and also thanks for

last video thank you and also thanks for all<00:02:33.680> of<00:02:33.760> your<00:02:33.920> help<00:02:34.319> um<00:02:35.080> this<00:02:35.239> year<00:02:35.480> the<00:02:35.599> growth

all of your help um this year the growth

all of your help um this year the growth been<00:02:36.200> been<00:02:36.400> really<00:02:36.560> good<00:02:36.800> and<00:02:36.959> been<00:02:37.120> really

been been really good and been really

been been really good and been really mental<00:02:37.640> and<00:02:37.800> and<00:02:37.920> hopefully<00:02:38.280> be<00:02:38.400> able<00:02:38.599> to<00:02:39.159> have

mental and and hopefully be able to have

mental and and hopefully be able to have a<00:02:39.400> little<00:02:39.560> bit<00:02:39.680> more<00:02:39.800> political<00:02:40.159> impact<00:02:40.519> when

a little bit more political impact when

a little bit more political impact when I<00:02:40.720> come<00:02:40.920> back<00:02:41.560> thank

you<00:02:45.480> when<00:02:45.640> I<00:02:45.800> was<00:02:46.200> contacted<00:02:46.680> to<00:02:46.800> do<00:02:47.000> this

you when I was contacted to do this

you when I was contacted to do this lecture<00:02:48.680> they<00:02:48.920> said<00:02:49.920> come<00:02:50.080> to<00:02:50.239> Robinson

lecture they said come to Robinson

lecture they said come to Robinson college<00:02:51.599> talk<00:02:51.800> about<00:02:52.360> economics<00:02:53.360> tell

college talk about economics tell

college talk about economics tell everyone<00:02:53.920> why<00:02:54.080> inequality<00:02:54.480> is<00:02:54.560> a

everyone why inequality is a

everyone why inequality is a problem<00:02:56.319> and<00:02:56.480> my<00:02:56.599> agent<00:02:56.959> said<00:02:57.560> that's<00:02:57.920> perfect

problem and my agent said that's perfect

problem and my agent said that's perfect timing<00:02:58.560> for<00:02:58.680> your<00:02:58.800> book<00:02:58.959> launch<00:02:59.159> to<00:02:59.239> go<00:02:59.440> do<00:02:59.560> it

so<00:03:03.120> I<00:03:03.239> said<00:03:03.519> yes<00:03:04.200> and<00:03:04.519> um<00:03:04.920> that's<00:03:05.120> about<00:03:05.280> a<00:03:05.360> year

so I said yes and um that's about a year

so I said yes and um that's about a year ago<00:03:06.239> now<00:03:07.239> I<00:03:07.319> didn't<00:03:07.560> really<00:03:07.799> think<00:03:07.920> about<00:03:08.080> it

ago now I didn't really think about it

ago now I didn't really think about it much<00:03:10.040> then<00:03:10.200> they<00:03:10.319> reached<00:03:10.599> out<00:03:10.760> to<00:03:10.920> me<00:03:11.480> a

much then they reached out to me a

much then they reached out to me a couple<00:03:11.799> of<00:03:11.920> months<00:03:12.159> ago<00:03:12.360> and<00:03:12.480> they<00:03:12.760> said<00:03:13.760> what

couple of months ago and they said what

couple of months ago and they said what you<00:03:14.000> want<00:03:14.159> the

you want the

you want the title<00:03:16.000> your<00:03:16.120> lecture<00:03:16.440> to

title your lecture to

title your lecture to be<00:03:18.280> and

be and

be and um<00:03:20.959> my<00:03:21.159> first<00:03:21.400> thought<00:03:21.560> when<00:03:21.680> they<00:03:21.799> said<00:03:22.000> that

um my first thought when they said that

um my first thought when they said that was<00:03:24.280> I<00:03:24.400> don't<00:03:24.560> really<00:03:24.680> want<00:03:24.799> to<00:03:24.920> talk<00:03:25.120> about

was I don't really want to talk about

was I don't really want to talk about economics<00:03:26.560> anymore

let<00:03:30.239> me<00:03:30.360> explain<00:03:30.640> to<00:03:30.720> you<00:03:31.159> why<00:03:32.159> I've<00:03:32.280> been

let me explain to you why I've been

let me explain to you why I've been talking<00:03:32.640> about<00:03:32.799> economics<00:03:33.159> for<00:03:33.239> a<00:03:33.319> long<00:03:33.519> time

talking about economics for a long time

talking about economics for a long time now<00:03:34.959> 13<00:03:35.599> years<00:03:36.120> 14<00:03:36.640> years<00:03:37.280> I've<00:03:37.439> been<00:03:37.599> having

now 13 years 14 years I've been having

now 13 years 14 years I've been having arguments<00:03:38.519> about<00:03:38.799> economics<00:03:39.360> trying<00:03:39.560> to<00:03:39.720> tell

arguments about economics trying to tell

arguments about economics trying to tell people<00:03:40.840> inequality<00:03:41.360> is<00:03:41.439> a<00:03:41.599> problem

people inequality is a problem

people inequality is a problem inequality<00:03:42.319> is<00:03:42.400> a<00:03:42.720> problem<00:03:43.720> it's<00:03:43.879> going<00:03:44.000> to

inequality is a problem it's going to

inequality is a problem it's going to get<00:03:44.319> worse<00:03:44.640> it's<00:03:44.760> going<00:03:44.879> to<00:03:45.040> get<00:03:45.159> worse<00:03:45.360> we

get worse it's going to get worse we

get worse it's going to get worse we need<00:03:45.560> to<00:03:45.680> do

need to do

need to do something<00:03:48.080> and<00:03:48.239> over<00:03:48.480> the<00:03:48.680> course<00:03:49.640> of<00:03:49.840> those

something and over the course of those

something and over the course of those 14<00:03:50.799> years<00:03:51.799> especially<00:03:52.200> in<00:03:52.360> the<00:03:52.959> last<00:03:53.959> year<00:03:54.159> or

14 years especially in the last year or

14 years especially in the last year or two<00:03:55.879> what<00:03:56.040> I've<00:03:56.239> noticed

two what I've noticed

two what I've noticed is<00:03:59.000> the<00:03:59.159> arguments<00:03:59.920> been<00:04:00.519> having<00:04:01.519> have<00:04:01.680> been

is the arguments been having have been

is the arguments been having have been changing<00:04:04.319> and<00:04:04.480> more<00:04:04.640> and<00:04:04.840> more<00:04:05.079> I<00:04:05.200> start<00:04:05.480> to

changing and more and more I start to

changing and more and more I start to think<00:04:05.840> to<00:04:06.040> myself<00:04:06.400> that<00:04:07.079> actually<00:04:08.079> we're<00:04:08.239> not

think to myself that actually we're not

think to myself that actually we're not really<00:04:08.599> arguing<00:04:09.000> about<00:04:09.319> economics<00:04:10.319> at

really arguing about economics at

really arguing about economics at all<00:04:13.000> see<00:04:13.159> when<00:04:13.280> I<00:04:13.360> first<00:04:13.560> started<00:04:13.799> saying

all see when I first started saying

all see when I first started saying inequality<00:04:14.560> was<00:04:14.680> a<00:04:14.799> problem<00:04:15.239> I<00:04:15.360> was<00:04:15.480> working

inequality was a problem I was working

inequality was a problem I was working in<00:04:15.920> a<00:04:16.079> bank<00:04:16.359> in<00:04:16.560> Canary<00:04:16.919> wolf<00:04:17.160> in<00:04:17.720> London<00:04:18.720> and<00:04:18.840> I

in a bank in Canary wolf in London and I

in a bank in Canary wolf in London and I was<00:04:19.079> surrounded<00:04:19.519> by<00:04:19.639> millionaires<00:04:20.079> of

was surrounded by millionaires of

was surrounded by millionaires of Economics<00:04:20.720> degrees<00:04:21.160> and<00:04:21.280> they<00:04:21.400> would<00:04:21.600> say<00:04:21.759> to

Economics degrees and they would say to

Economics degrees and they would say to me<00:04:23.160> you<00:04:23.360> can't<00:04:23.759> tax<00:04:24.160> wealth<00:04:24.840> you<00:04:25.000> can't<00:04:25.199> deal

me you can't tax wealth you can't deal

me you can't tax wealth you can't deal with<00:04:26.040> inequality<00:04:27.040> because<00:04:27.400> we<00:04:27.520> need<00:04:27.919> the<00:04:28.040> rich

with inequality because we need the rich

with inequality because we need the rich to<00:04:28.600> invest<00:04:28.960> to<00:04:29.120> grow<00:04:29.320> the<00:04:29.400> economy<00:04:29.919> me<00:04:30.840> the

to invest to grow the economy me the

to invest to grow the economy me the optimal<00:04:31.560> rate<00:04:31.759> of<00:04:31.960> Taxation<00:04:32.479> in<00:04:32.600> the<00:04:32.759> first

optimal rate of Taxation in the first

optimal rate of Taxation in the first best<00:04:33.280> of<00:04:33.400> all<00:04:33.600> possible<00:04:34.000> worlds<00:04:34.720> on<00:04:35.039> capital

best of all possible worlds on capital

best of all possible worlds on capital is

zero<00:04:39.280> but<00:04:39.440> nobody<00:04:39.759> really<00:04:39.919> says<00:04:40.160> that<00:04:40.280> to<00:04:40.360> me

zero but nobody really says that to me

zero but nobody really says that to me anymore<00:04:42.280> okay<00:04:42.479> some<00:04:42.639> people<00:04:42.880> do<00:04:43.039> say<00:04:43.240> that

anymore okay some people do say that

anymore okay some people do say that sometimes<00:04:43.800> in<00:04:44.000> places<00:04:44.320> like<00:04:44.520> this<00:04:44.960> people<00:04:45.240> say

sometimes in places like this people say

sometimes in places like this people say that

that

that but<00:04:48.280> nobody<00:04:48.680> without<00:04:48.919> a<00:04:49.000> fancy<00:04:49.320> economics

but nobody without a fancy economics

but nobody without a fancy economics degree<00:04:50.000> says<00:04:50.199> that<00:04:50.320> to<00:04:50.400> me<00:04:50.560> no

degree says that to me no

degree says that to me no more<00:04:53.000> what<00:04:53.199> people<00:04:53.479> say<00:04:53.800> to<00:04:53.919> me<00:04:54.160> now

more what people say to me now

more what people say to me now is<00:04:57.039> you<00:04:57.199> can't<00:04:57.400> tax<00:04:57.680> the<00:04:58.080> rich<00:04:59.080> you<00:04:59.199> can't<00:04:59.400> tax

is you can't tax the rich you can't tax

is you can't tax the rich you can't tax they're<00:04:59.800> too<00:05:00.280> powerful<00:05:01.280> he<00:05:01.440> attacks<00:05:01.720> the<00:05:01.800> rich

they're too powerful he attacks the rich

they're too powerful he attacks the rich they'll<00:05:02.160> leave<00:05:02.400> and<00:05:02.520> they'll<00:05:02.720> go<00:05:02.840> away<00:05:03.039> and

they'll leave and they'll go away and

they'll leave and they'll go away and then<00:05:03.240> we'll<00:05:03.400> have<00:05:03.600> nothing<00:05:03.840> and<00:05:04.000> then<00:05:04.120> we'll

then we'll have nothing and then we'll

then we'll have nothing and then we'll be

be

be poor<00:05:06.560> or<00:05:06.800> they<00:05:06.960> say<00:05:07.120> to

poor or they say to

poor or they say to me<00:05:09.520> it's<00:05:09.720> impossible<00:05:10.160> trying<00:05:10.440> to<00:05:10.600> deal<00:05:10.759> with

me it's impossible trying to deal with

me it's impossible trying to deal with inequality<00:05:12.600> inequality<00:05:13.120> is<00:05:13.280> just<00:05:13.440> the<00:05:13.600> way

inequality inequality is just the way

inequality inequality is just the way things<00:05:14.039> are<00:05:14.440> and<00:05:14.800> the<00:05:14.960> rich<00:05:15.120> are<00:05:15.280> too<00:05:15.880> powerful

things are and the rich are too powerful

things are and the rich are too powerful why<00:05:17.039> you<00:05:17.160> trying<00:05:17.320> to<00:05:17.440> stop<00:05:17.680> them<00:05:17.800> you're

why you trying to stop them you're

why you trying to stop them you're wasting<00:05:18.280> your

wasting your

wasting your time<00:05:20.919> what<00:05:21.080> they<00:05:21.240> say<00:05:21.400> to<00:05:21.919> me<00:05:22.919> why<00:05:23.039> are<00:05:23.120> you

time what they say to me why are you

time what they say to me why are you trying<00:05:23.440> to<00:05:23.840> stop

trying to stop

trying to stop inequality<00:05:25.720> why<00:05:25.880> don't<00:05:26.039> you<00:05:26.280> just<00:05:27.039> trade

inequality why don't you just trade

inequality why don't you just trade Bitcoin<00:05:27.840> or<00:05:27.960> foreign<00:05:28.280> exchange<00:05:28.600> on<00:05:28.840> internet

Bitcoin or foreign exchange on internet

Bitcoin or foreign exchange on internet that's<00:05:30.160> the<00:05:30.240> way<00:05:30.360> to<00:05:30.520> make<00:05:30.720> everything

that's the way to make everything

that's the way to make everything better<00:05:33.880> or<00:05:34.280> they<00:05:34.440> say<00:05:34.639> to

me<00:05:38.360> you<00:05:38.560> know<00:05:39.560> the<00:05:40.080> economy<00:05:41.080> and<00:05:41.680> Society<00:05:42.680> it's

me you know the economy and Society it's

me you know the economy and Society it's like<00:05:43.160> the<00:05:43.319> cycles<00:05:43.720> of

like the cycles of

like the cycles of nature<00:05:45.520> sometimes<00:05:45.880> it's<00:05:46.160> good<00:05:46.759> and<00:05:47.160> sometimes

nature sometimes it's good and sometimes

nature sometimes it's good and sometimes it's<00:05:47.880> bad<00:05:48.880> sometimes<00:05:49.120> it<00:05:49.319> gets<00:05:49.560> better<00:05:49.840> and

it's bad sometimes it gets better and

it's bad sometimes it gets better and sometimes<00:05:50.479> it<00:05:50.639> gets<00:05:51.240> worse<00:05:52.240> so<00:05:52.440> why<00:05:52.560> are<00:05:52.600> you

sometimes it gets worse so why are you

sometimes it gets worse so why are you trying<00:05:52.919> to<00:05:53.080> change

trying to change

trying to change things<00:05:55.000> you<00:05:55.160> can't<00:05:55.400> fight<00:05:55.639> the<00:05:55.759> cycles<00:05:56.120> of

things you can't fight the cycles of

things you can't fight the cycles of Nature<00:05:59.199> and<00:05:59.360> the<00:05:59.479> more<00:05:59.680> more<00:05:59.840> I<00:05:59.960> heard<00:06:00.240> these

Nature and the more more I heard these

Nature and the more more I heard these arguments<00:06:01.440> the<00:06:01.560> more<00:06:01.759> I<00:06:01.880> started<00:06:02.199> to<00:06:02.400> think

arguments the more I started to think

arguments the more I started to think we're<00:06:03.560> not<00:06:03.800> really

we're not really

we're not really arguing<00:06:05.680> about<00:06:05.960> the

arguing about the

arguing about the economy<00:06:07.960> increasingly<00:06:08.680> everybody<00:06:09.199> knows

economy increasingly everybody knows

economy increasingly everybody knows it's<00:06:10.360> getting<00:06:10.599> worse<00:06:10.840> and

it's getting worse and

it's getting worse and worse<00:06:13.039> really<00:06:13.520> hardly<00:06:13.919> any<00:06:14.639> real<00:06:15.039> people

worse really hardly any real people

worse really hardly any real people think<00:06:15.919> it's<00:06:16.080> going<00:06:16.160> to<00:06:16.360> get

think it's going to get

think it's going to get better<00:06:19.039> I<00:06:19.160> think<00:06:19.400> people<00:06:19.599> in<00:06:19.720> their<00:06:19.880> heart<00:06:20.080> of

better I think people in their heart of

better I think people in their heart of hearts

hearts

hearts realize<00:06:22.280> that<00:06:22.440> it<00:06:22.599> just<00:06:22.840> gets<00:06:23.160> worse<00:06:23.400> and

realize that it just gets worse and

realize that it just gets worse and worse<00:06:24.400> from<00:06:25.039> here<00:06:26.039> and<00:06:26.199> when<00:06:26.360> they're<00:06:26.560> saying

worse from here and when they're saying

worse from here and when they're saying to

to

to me<00:06:28.880> why<00:06:29.000> are<00:06:29.080> you<00:06:29.160> trying<00:06:29.360> to<00:06:29.639> fix<00:06:30.240> things

me why are you trying to fix things

me why are you trying to fix things often<00:06:31.520> they're<00:06:31.680> really<00:06:31.880> saying<00:06:32.160> to

often they're really saying to

often they're really saying to themselves<00:06:33.960> I<00:06:34.080> don't<00:06:34.240> want<00:06:34.319> to<00:06:34.440> have<00:06:34.560> to<00:06:34.680> try

themselves I don't want to have to try

themselves I don't want to have to try to<00:06:35.000> fix

to fix

to fix things<00:06:37.840> and<00:06:37.960> I<00:06:38.120> started<00:06:38.400> to<00:06:38.560> feel<00:06:38.840> like<00:06:39.000> the

things and I started to feel like the

things and I started to feel like the real<00:06:39.560> questions<00:06:40.039> that<00:06:40.160> we're<00:06:40.400> asking

real questions that we're asking

real questions that we're asking ourselves<00:06:41.280> and<00:06:41.479> each<00:06:41.919> other<00:06:42.919> it's<00:06:43.160> not<00:06:43.479> really

ourselves and each other it's not really

ourselves and each other it's not really is<00:06:44.639> the<00:06:44.840> economy

broken<00:06:48.560> it's<00:06:48.800> what<00:06:48.880> do<00:06:49.000> you

broken it's what do you

broken it's what do you do<00:06:51.720> what<00:06:51.840> do<00:06:51.960> you<00:06:52.120> do<00:06:52.319> when<00:06:52.440> you<00:06:52.599> live<00:06:52.840> in<00:06:52.960> a

do what do you do when you live in a

do what do you do when you live in a collapsing

collapsing

collapsing economy<00:06:56.639> what<00:06:56.759> do<00:06:56.919> you<00:06:57.560> do<00:06:58.560> what<00:06:58.759> should<00:06:59.039> you

economy what do you do what should you

economy what do you do what should you do

do

do and<00:07:00.879> what<00:07:01.039> does<00:07:01.199> it

and what does it

and what does it mean<00:07:03.840> more<00:07:04.000> and<00:07:04.120> more<00:07:04.360> these<00:07:04.479> are<00:07:04.599> the

mean more and more these are the

mean more and more these are the questions<00:07:05.240> that<00:07:05.400> I<00:07:05.639> hear<00:07:06.360> when<00:07:06.520> I<00:07:06.639> argue

questions that I hear when I argue

questions that I hear when I argue people<00:07:07.240> about

people about

people about economics<00:07:09.960> what<00:07:10.120> do<00:07:10.280> you<00:07:10.680> do<00:07:11.680> what<00:07:11.840> should<00:07:12.080> you

economics what do you do what should you

economics what do you do what should you do<00:07:13.919> what<00:07:14.039> does<00:07:14.199> it

mean<00:07:17.560> and<00:07:17.680> it<00:07:17.840> got<00:07:17.960> me<00:07:18.080> thinking<00:07:18.360> about<00:07:18.599> my

mean and it got me thinking about my

mean and it got me thinking about my journey<00:07:19.080> in

journey in

journey in economics<00:07:21.319> I've<00:07:21.440> been<00:07:21.560> an<00:07:21.759> economist

economics I've been an economist

economics I've been an economist for<00:07:23.840> God<00:07:24.000> nearly<00:07:24.240> 20<00:07:24.520> years<00:07:24.960> now<00:07:25.960> but<00:07:26.080> I<00:07:26.160> lived

for God nearly 20 years now but I lived

for God nearly 20 years now but I lived in<00:07:26.479> an<00:07:26.680> economy<00:07:27.080> my<00:07:27.240> whole

in an economy my whole

in an economy my whole life<00:07:29.280> I<00:07:29.520> grew<00:07:29.680> up<00:07:29.840> very<00:07:30.039> poor<00:07:30.319> so<00:07:30.599> really

life I grew up very poor so really

life I grew up very poor so really poverty<00:07:31.520> and<00:07:31.639> a<00:07:31.759> collapse<00:07:32.039> in<00:07:32.240> economy<00:07:32.560> is<00:07:32.680> not

poverty and a collapse in economy is not

poverty and a collapse in economy is not new

new

new to<00:07:35.360> but<00:07:35.479> I<00:07:35.599> got<00:07:35.759> me

to but I got me

to but I got me thinking<00:07:38.199> what<00:07:38.360> did<00:07:38.599> I

thinking what did I

thinking what did I do<00:07:40.680> what<00:07:40.840> should<00:07:41.080> I<00:07:41.199> have<00:07:41.360> done

do what should I have done

do what should I have done differently<00:07:43.479> what<00:07:43.599> does<00:07:43.759> it<00:07:43.879> all

mean<00:07:47.280> so<00:07:47.440> I<00:07:47.560> sent<00:07:47.720> a<00:07:47.879> ma<00:07:48.120> back<00:07:48.280> saying<00:07:48.560> I<00:07:48.639> wanted

mean so I sent a ma back saying I wanted

mean so I sent a ma back saying I wanted to<00:07:49.039> talk<00:07:49.240> about<00:07:49.440> what<00:07:49.520> it<00:07:49.639> means<00:07:49.840> to<00:07:49.960> be<00:07:50.080> human

to talk about what it means to be human

to talk about what it means to be human in<00:07:50.400> a<00:07:50.560> collapsing<00:07:51.199> economy<00:07:52.199> and<00:07:52.319> I'm<00:07:52.440> going<00:07:52.560> to

in a collapsing economy and I'm going to

in a collapsing economy and I'm going to talk<00:07:52.840> a<00:07:52.960> little<00:07:53.159> bit

talk a little bit

talk a little bit about<00:07:55.280> what<00:07:55.440> I<00:07:55.599> think<00:07:55.800> about<00:07:56.120> my

about what I think about my

about what I think about my path<00:07:57.960> and

path and

path and when<00:07:59.879> I<00:08:00.039> talk<00:08:00.240> about<00:08:00.560> that<00:08:01.039> I<00:08:01.159> want<00:08:01.400> you<00:08:01.599> to

when I talk about that I want you to

when I talk about that I want you to think<00:08:02.360> about<00:08:02.759> those<00:08:03.680> three<00:08:03.960> main

think about those three main

think about those three main questions<00:08:06.520> what<00:08:06.680> does<00:08:06.800> it<00:08:06.919> mean<00:08:07.120> to<00:08:07.280> live<00:08:07.400> in<00:08:07.520> a

questions what does it mean to live in a

questions what does it mean to live in a collapsing

collapsing

collapsing economy<00:08:09.759> what<00:08:09.960> do<00:08:10.199> you<00:08:10.479> do<00:08:10.720> when<00:08:10.840> the<00:08:10.960> economy

economy what do you do when the economy

economy what do you do when the economy is

is

is collapsing<00:08:13.639> and<00:08:13.759> what<00:08:13.879> should<00:08:14.080> you<00:08:14.759> do<00:08:15.759> and

collapsing and what should you do and

collapsing and what should you do and I'm<00:08:16.000> going<00:08:16.080> to<00:08:16.199> stop<00:08:16.400> a<00:08:16.560> points<00:08:16.800> and<00:08:16.879> I'm<00:08:17.000> going

I'm going to stop a points and I'm going

I'm going to stop a points and I'm going to<00:08:17.199> ask<00:08:17.400> those<00:08:17.599> questions<00:08:17.840> and<00:08:17.960> when<00:08:18.039> I<00:08:18.159> do

to ask those questions and when I do

to ask those questions and when I do that<00:08:18.440> I<00:08:18.479> would<00:08:18.639> like<00:08:18.759> you<00:08:18.879> to<00:08:19.120> think<00:08:19.840> what

that I would like you to think what

that I would like you to think what would<00:08:20.120> I<00:08:20.240> do<00:08:20.400> if<00:08:20.479> that<00:08:20.599> was

would I do if that was

would I do if that was me<00:08:22.960> and<00:08:23.080> with<00:08:23.199> regards<00:08:23.479> to<00:08:23.599> the<00:08:23.720> second<00:08:23.919> of

me and with regards to the second of

me and with regards to the second of those<00:08:24.240> questions<00:08:24.639> what<00:08:24.759> do<00:08:24.879> you<00:08:25.039> do<00:08:25.199> when<00:08:25.319> the

those questions what do you do when the

those questions what do you do when the economy<00:08:25.680> is<00:08:26.080> collapsing<00:08:27.080> all<00:08:27.199> of<00:08:27.319> you<00:08:27.440> will

economy is collapsing all of you will

economy is collapsing all of you will have<00:08:27.720> a<00:08:27.840> perspective<00:08:28.240> on<00:08:28.360> that<00:08:28.560> because<00:08:28.680> you

have a perspective on that because you

have a perspective on that because you all<00:08:28.919> live<00:08:29.080> in<00:08:29.159> aoll<00:08:29.800> economy<00:08:30.440> and<00:08:30.560> you're<00:08:30.680> all

all live in aoll economy and you're all

all live in aoll economy and you're all doing

doing

doing something<00:08:33.039> but<00:08:33.320> this<00:08:33.519> kind<00:08:33.680> of<00:08:33.880> economic

something but this kind of economic

something but this kind of economic collapse<00:08:34.760> which<00:08:34.880> is<00:08:35.000> in<00:08:35.120> my<00:08:35.240> opinion<00:08:35.519> a

collapse which is in my opinion a

collapse which is in my opinion a collapse<00:08:35.959> caused<00:08:36.159> by<00:08:36.599> inequality<00:08:37.599> it's<00:08:37.680> a

collapse caused by inequality it's a

collapse caused by inequality it's a collapse<00:08:38.240> which<00:08:38.360> looks<00:08:38.719> very<00:08:38.959> very<00:08:39.240> different

collapse which looks very very different

collapse which looks very very different depending<00:08:39.959> on<00:08:40.440> which<00:08:40.760> angle<00:08:41.279> you<00:08:41.479> view<00:08:41.680> it

depending on which angle you view it

depending on which angle you view it from<00:08:43.760> so<00:08:44.000> some<00:08:44.120> of<00:08:44.240> you<00:08:44.360> will<00:08:44.519> have<00:08:44.640> been<00:08:44.760> in

from so some of you will have been in

from so some of you will have been in the<00:08:45.000> situations<00:08:45.480> I've<00:08:45.600> been<00:08:45.760> there<00:08:45.839> and<00:08:45.959> some

the situations I've been there and some

the situations I've been there and some of<00:08:46.160> you<00:08:46.279> won't<00:08:46.440> have

of you won't have

of you won't have been<00:08:48.440> but<00:08:48.560> I<00:08:48.640> want<00:08:48.760> you<00:08:48.839> to<00:08:48.959> take<00:08:49.120> it<00:08:49.240> as<00:08:49.320> an

been but I want you to take it as an

been but I want you to take it as an opportunity<00:08:49.959> to<00:08:50.120> imagine<00:08:50.640> you're<00:08:50.880> in<00:08:50.959> a

opportunity to imagine you're in a

opportunity to imagine you're in a different<00:08:51.320> seat<00:08:51.519> to<00:08:51.680> where<00:08:51.800> you<00:08:51.880> are<00:08:52.120> now<00:08:53.040> and

different seat to where you are now and

different seat to where you are now and ask<00:08:53.519> yourself<00:08:53.920> honestly<00:08:54.399> what<00:08:54.519> would<00:08:54.640> I<00:08:54.800> do<00:08:54.959> if

ask yourself honestly what would I do if

ask yourself honestly what would I do if that<00:08:55.200> was

that was

that was me<00:08:57.240> okay<00:08:57.360> so<00:08:57.560> with<00:08:57.680> that<00:08:57.800> I'm<00:08:57.920> going<00:08:58.040> to<00:08:58.279> start

me okay so with that I'm going to start

me okay so with that I'm going to start I<00:08:59.240> don't<00:08:59.680> like<00:08:59.880> reading<00:09:00.200> from<00:09:00.440> speeches<00:09:00.839> but

I don't like reading from speeches but

I don't like reading from speeches but I've<00:09:01.079> written<00:09:01.279> a<00:09:01.399> little

I've written a little

I've written a little story<00:09:03.680> when<00:09:03.800> I<00:09:03.920> was<00:09:04.079> writing<00:09:04.399> I<00:09:04.480> wanted<00:09:04.720> to

story when I was writing I wanted to

story when I was writing I wanted to start<00:09:05.839> with<00:09:06.120> my<00:09:06.600> period<00:09:06.920> of<00:09:07.079> BTY<00:09:08.079> which<00:09:08.320> lasted

start with my period of BTY which lasted

start with my period of BTY which lasted about<00:09:08.839> 20<00:09:09.160> years<00:09:10.160> and<00:09:10.959> um<00:09:11.959> I<00:09:12.079> wrote<00:09:12.279> a<00:09:12.360> little

about 20 years and um I wrote a little

about 20 years and um I wrote a little bit<00:09:12.640> about<00:09:12.800> ilford<00:09:13.320> which<00:09:13.399> is<00:09:13.519> my<00:09:13.680> hometown<00:09:14.600> so

bit about ilford which is my hometown so

bit about ilford which is my hometown so I'm<00:09:15.680> going<00:09:15.800> to<00:09:15.920> read<00:09:16.040> it<00:09:16.160> to

I'm going to read it to

I'm going to read it to you<00:09:18.279> I'm<00:09:18.399> going<00:09:18.519> to<00:09:18.600> have<00:09:18.680> to<00:09:18.800> change<00:09:19.040> this

you I'm going to have to change this

you I'm going to have to change this first<00:09:19.399> line<00:09:19.600> because<00:09:19.720> there's<00:09:19.839> a<00:09:19.920> swear<00:09:20.200> word

first line because there's a swear word

first line because there's a swear word in

it<00:09:23.720> I<00:09:23.839> grew<00:09:24.040> up<00:09:24.120> in

it I grew up in

it I grew up in ilford<00:09:26.120> it's<00:09:26.240> a<00:09:26.360> bit<00:09:26.480> of<00:09:26.560> a

ilford it's a bit of a

ilford it's a bit of a slump<00:09:28.240> but<00:09:28.360> it's<00:09:28.519> my<00:09:28.720> slump

slump but it's my slump

slump but it's my slump ORD<00:09:31.440> is<00:09:31.680> kind<00:09:31.920> of<00:09:32.240> a<00:09:32.440> contested<00:09:33.000> Borderland

ORD is kind of a contested Borderland

ORD is kind of a contested Borderland war<00:09:33.880> zone<00:09:34.160> between<00:09:34.480> East<00:09:34.680> London<00:09:35.000> and

war zone between East London and

war zone between East London and Essex<00:09:36.959> everyone<00:09:37.360> is<00:09:37.560> from<00:09:38.079> Pakistan<00:09:38.760> or<00:09:39.040> India

Essex everyone is from Pakistan or India

Essex everyone is from Pakistan or India or<00:09:39.560> Sri<00:09:39.800> Lanka<00:09:40.120> or<00:09:40.600> something<00:09:41.600> but<00:09:41.760> everyone

or Sri Lanka or something but everyone

or Sri Lanka or something but everyone talks<00:09:42.279> in<00:09:42.399> a<00:09:42.519> half<00:09:42.760> cottony

talks in a half cottony

talks in a half cottony accent<00:09:45.200> when<00:09:45.399> I<00:09:45.519> was<00:09:45.600> a<00:09:45.839> teenager<00:09:46.839> I<00:09:46.959> used<00:09:47.120> to

accent when I was a teenager I used to

accent when I was a teenager I used to sing<00:09:47.519> songs<00:09:47.800> in<00:09:48.040> Punjabi<00:09:48.560> for<00:09:48.720> illegal

sing songs in Punjabi for illegal

sing songs in Punjabi for illegal immigrants<00:09:49.560> working<00:09:49.800> in<00:09:49.959> halal<00:09:50.279> Fried

immigrants working in halal Fried

immigrants working in halal Fried Chicken<00:09:50.800> shops<00:09:51.079> at<00:09:51.200> 2<00:09:51.399> a.m.<00:09:51.640> in<00:09:51.760> the<00:09:51.880> morning

Chicken shops at 2 a.m. in the morning

Chicken shops at 2 a.m. in the morning for<00:09:53.000> free

chicken<00:09:56.560> what<00:09:56.720> do<00:09:56.800> you<00:09:56.880> want<00:09:57.000> me<00:09:57.079> to<00:09:57.240> tell<00:09:57.839> you

chicken what do you want me to tell you

chicken what do you want me to tell you I<00:09:58.959> loved<00:09:59.200> it

I loved it

I loved it I<00:10:01.120> still<00:10:01.600> do<00:10:02.600> I<00:10:02.800> miss

I still do I miss

I still do I miss it<00:10:05.200> ilford<00:10:05.640> is<00:10:05.760> one<00:10:05.880> of<00:10:05.959> the<00:10:06.079> cheapest<00:10:06.519> places

it ilford is one of the cheapest places

it ilford is one of the cheapest places to<00:10:06.880> live<00:10:07.000> in<00:10:07.160> all<00:10:07.279> of

to live in all of

to live in all of London<00:10:09.000> I<00:10:09.120> used<00:10:09.320> to<00:10:09.399> live<00:10:09.560> in<00:10:09.720> this<00:10:09.959> tiny

London I used to live in this tiny

London I used to live in this tiny narrow<00:10:10.800> Terrace<00:10:11.320> House<00:10:11.680> on<00:10:11.800> A<00:10:11.959> Street<00:10:12.320> full<00:10:12.519> of

narrow Terrace House on A Street full of

narrow Terrace House on A Street full of tiny<00:10:13.120> narrow<00:10:13.440> Terrace<00:10:13.839> houses<00:10:14.839> tucked<00:10:15.160> him

tiny narrow Terrace houses tucked him

tiny narrow Terrace houses tucked him behind<00:10:15.600> the<00:10:15.720> High<00:10:16.399> Street<00:10:17.399> it<00:10:17.600> had<00:10:17.920> three

behind the High Street it had three

behind the High Street it had three bedrooms<00:10:19.839> it<00:10:19.959> used<00:10:20.200> to<00:10:20.360> have<00:10:20.560> two<00:10:20.800> bedrooms

bedrooms it used to have two bedrooms

bedrooms it used to have two bedrooms but<00:10:21.880> somebody<00:10:22.279> had<00:10:22.440> moved<00:10:22.680> the<00:10:22.839> bathroom

but somebody had moved the bathroom

but somebody had moved the bathroom downstairs<00:10:24.160> into<00:10:24.360> the<00:10:24.519> kitchen<00:10:25.360> which<00:10:25.519> meant

downstairs into the kitchen which meant

downstairs into the kitchen which meant that<00:10:25.839> they<00:10:25.959> could<00:10:26.079> turn<00:10:26.279> the<00:10:26.399> old<00:10:26.720> bathroom

that they could turn the old bathroom

that they could turn the old bathroom upstairs<00:10:27.920> into<00:10:28.200> another<00:10:28.480> bedroom

upstairs into another bedroom

upstairs into another bedroom and<00:10:30.240> that's<00:10:30.399> where<00:10:30.560> I<00:10:30.720> grew<00:10:30.920> up<00:10:31.640> in<00:10:31.760> a<00:10:31.880> bunk<00:10:32.160> bed

and that's where I grew up in a bunk bed

and that's where I grew up in a bunk bed with<00:10:32.720> my<00:10:33.360> brother<00:10:34.360> in<00:10:34.480> a<00:10:34.640> bunk<00:10:34.920> bed<00:10:35.360> in<00:10:35.480> an<00:10:35.600> old

with my brother in a bunk bed in an old

with my brother in a bunk bed in an old converted

converted

converted bathroom<00:10:39.000> the<00:10:39.160> train<00:10:39.440> trucks<00:10:40.040> that<00:10:40.240> carried

bathroom the train trucks that carried

bathroom the train trucks that carried Brokers<00:10:41.079> and<00:10:41.279> Traders<00:10:42.120> in<00:10:42.399> fast<00:10:42.720> trains<00:10:43.279> from

Brokers and Traders in fast trains from

Brokers and Traders in fast trains from out<00:10:43.600> in<00:10:43.800> Essex<00:10:44.720> down<00:10:44.920> into<00:10:45.120> the<00:10:45.279> city<00:10:46.079> used<00:10:46.320> to

out in Essex down into the city used to

out in Essex down into the city used to run<00:10:46.720> right<00:10:46.880> through<00:10:47.120> my<00:10:47.480> garden<00:10:48.480> right<00:10:48.720> past

run right through my garden right past

run right through my garden right past my<00:10:49.079> bedroom<00:10:49.920> window<00:10:50.920> and<00:10:51.040> when<00:10:51.160> the<00:10:51.320> fast

my bedroom window and when the fast

my bedroom window and when the fast trains<00:10:51.959> came<00:10:52.360> through<00:10:53.360> the<00:10:53.480> whole<00:10:53.639> house<00:10:53.839> used

trains came through the whole house used

trains came through the whole house used to

to

to shake<00:10:56.839> I<00:10:57.079> never

shake I never

shake I never noticed<00:10:59.079> when<00:10:59.320> when<00:10:59.399> you<00:10:59.519> grow<00:10:59.680> up<00:10:59.839> in<00:10:59.920> a<00:11:00.079> house

noticed when when you grow up in a house

noticed when when you grow up in a house that<00:11:00.519> gets<00:11:00.720> shaken<00:11:01.240> by<00:11:01.360> a<00:11:01.519> fast<00:11:01.880> train<00:11:02.639> every<00:11:03.079> 4

that gets shaken by a fast train every 4

that gets shaken by a fast train every 4 minutes<00:11:04.399> you<00:11:04.560> don't<00:11:04.760> even<00:11:05.000> notice<00:11:05.680> when<00:11:05.800> a

minutes you don't even notice when a

minutes you don't even notice when a train<00:11:06.160> shakes<00:11:06.519> your

train shakes your

train shakes your house<00:11:08.519> I<00:11:08.600> was<00:11:08.880> 12<00:11:09.279> or<00:11:09.480> 13<00:11:09.880> the<00:11:10.079> first<00:11:10.240> time<00:11:10.399> I

house I was 12 or 13 the first time I

house I was 12 or 13 the first time I noticed<00:11:12.440> my<00:11:12.600> friend<00:11:12.880> from<00:11:13.040> school<00:11:13.399> came

noticed my friend from school came

noticed my friend from school came around<00:11:14.040> and<00:11:14.160> he

around and he

around and he said<00:11:16.079> damn<00:11:16.320> your<00:11:16.519> whole<00:11:16.680> house<00:11:16.839> is

said damn your whole house is

said damn your whole house is shaking<00:11:19.000> and<00:11:19.120> that<00:11:19.240> was<00:11:19.360> the<00:11:19.480> first<00:11:19.680> time<00:11:19.839> I

shaking and that was the first time I

shaking and that was the first time I realized<00:11:22.639> what<00:11:22.800> does<00:11:22.920> that

realized what does that

realized what does that mean<00:11:25.480> so<00:11:25.639> I<00:11:25.760> was<00:11:25.839> in<00:11:25.959> the<00:11:26.120> bottom<00:11:26.440> bunk<00:11:26.680> of<00:11:26.839> that

mean so I was in the bottom bunk of that

mean so I was in the bottom bunk of that bunk<00:11:27.160> bed<00:11:27.360> when<00:11:27.440> I<00:11:27.560> was<00:11:27.639> a<00:11:27.800> kid<00:11:28.760> and<00:11:28.880> underne<00:11:29.560> my

bunk bed when I was a kid and underne my

bunk bed when I was a kid and underne my bed<00:11:30.279> there<00:11:30.399> was<00:11:30.560> a<00:11:30.680> single<00:11:31.079> drawer<00:11:32.079> that<00:11:32.240> had

bed there was a single drawer that had

bed there was a single drawer that had been<00:11:32.519> removed<00:11:33.000> from<00:11:33.120> a<00:11:33.240> chest<00:11:33.480> of<00:11:33.639> drawers

been removed from a chest of drawers

been removed from a chest of drawers which<00:11:34.720> had<00:11:34.839> probably<00:11:35.160> been<00:11:35.320> destroyed<00:11:35.720> long

which had probably been destroyed long

which had probably been destroyed long ago<00:11:37.160> and<00:11:37.320> in<00:11:37.480> that<00:11:37.680> single<00:11:38.120> draw<00:11:38.839> I<00:11:38.959> kept<00:11:39.279> all

ago and in that single draw I kept all

ago and in that single draw I kept all of<00:11:39.560> my<00:11:39.720> worldly

of my worldly

of my worldly possessions<00:11:42.959> I'll<00:11:43.079> be<00:11:43.200> honest<00:11:43.480> it<00:11:43.639> wasn't

possessions I'll be honest it wasn't

possessions I'll be honest it wasn't particularly<00:11:45.000> safe<00:11:45.399> house<00:11:45.600> when<00:11:45.720> I<00:11:45.839> was<00:11:45.959> a

particularly safe house when I was a

particularly safe house when I was a kid<00:11:47.639> there<00:11:47.760> was<00:11:48.000> danger<00:11:48.519> and<00:11:49.160> there<00:11:49.279> was

kid there was danger and there was

kid there was danger and there was violence

violence

violence sometimes<00:11:52.000> but<00:11:52.480> you<00:11:52.639> know<00:11:53.519> I<00:11:53.639> was<00:11:53.760> a<00:11:54.240> kid<00:11:55.240> what

sometimes but you know I was a kid what

sometimes but you know I was a kid what do<00:11:55.440> you

do you

do you do<00:11:57.839> and<00:11:58.000> there<00:11:58.079> are<00:11:58.240> a<00:11:58.360> lot<00:11:58.440> of<00:11:58.600> institutions

do and there are a lot of institutions

do and there are a lot of institutions in<00:11:59.399> our<00:11:59.639> society<00:12:00.040> that<00:12:00.120> are<00:12:00.320> supposed<00:12:00.639> to

in our society that are supposed to

in our society that are supposed to protect<00:12:01.160> poor<00:12:01.399> kids<00:12:01.720> and<00:12:01.880> kids<00:12:02.079> who<00:12:02.160> are<00:12:02.320> not

protect poor kids and kids who are not

protect poor kids and kids who are not safe<00:12:03.680> there's<00:12:03.880> the<00:12:04.079> government<00:12:04.880> the<00:12:05.040> welfare

safe there's the government the welfare

safe there's the government the welfare state<00:12:06.560> charity<00:12:07.360> philanthropy<00:12:08.360> some

state charity philanthropy some

state charity philanthropy some religious

religious

religious institutions<00:12:11.399> all<00:12:11.560> I<00:12:11.680> can<00:12:11.839> tell<00:12:12.079> you<00:12:12.360> is<00:12:13.360> I

institutions all I can tell you is I

institutions all I can tell you is I don't<00:12:13.639> remember<00:12:13.959> none<00:12:14.079> of<00:12:14.199> them<00:12:14.360> coming<00:12:14.639> from

don't remember none of them coming from

don't remember none of them coming from me<00:12:17.120> so<00:12:17.959> you<00:12:18.600> know<00:12:19.600> what<00:12:19.720> do<00:12:19.839> you

me so you know what do you

me so you know what do you do<00:12:22.199> there<00:12:22.320> wasn't<00:12:22.680> any<00:12:22.920> help<00:12:23.279> as<00:12:23.399> far<00:12:23.519> as<00:12:23.639> I<00:12:23.720> can

do there wasn't any help as far as I can

do there wasn't any help as far as I can remember<00:12:24.160> it<00:12:24.279> when<00:12:24.360> I<00:12:24.480> was<00:12:24.600> a<00:12:24.959> kid<00:12:25.959> but<00:12:26.120> there

remember it when I was a kid but there

remember it when I was a kid but there was<00:12:26.360> a

was a

was a story<00:12:28.720> a<00:12:28.839> story<00:12:29.240> is<00:12:29.360> something<00:12:29.600> to<00:12:29.760> hold<00:12:29.959> on<00:12:30.560> to

story a story is something to hold on to

story a story is something to hold on to you<00:12:31.760> work<00:12:32.399> hard<00:12:33.399> you<00:12:33.639> kill<00:12:34.079> all<00:12:34.240> of<00:12:34.399> your<00:12:34.920> exams

you work hard you kill all of your exams

you work hard you kill all of your exams you<00:12:36.160> destroy<00:12:36.680> the

you destroy the

you destroy the competition<00:12:38.519> your<00:12:38.760> friends<00:12:39.760> of

competition your friends of

competition your friends of course<00:12:41.839> you<00:12:42.040> beat<00:12:42.320> all<00:12:42.560> your<00:12:42.760> friends<00:12:43.079> into

course you beat all your friends into

course you beat all your friends into the<00:12:43.440> top

the top

the top university<00:12:45.560> this

university this

university this University<00:12:47.760> and<00:12:47.880> then<00:12:48.000> you<00:12:48.120> get<00:12:48.240> a<00:12:48.360> whole<00:12:48.519> load

University and then you get a whole load

University and then you get a whole load of<00:12:48.920> new<00:12:49.120> friends<00:12:49.920> and<00:12:50.040> you<00:12:50.199> beat<00:12:50.560> those<00:12:50.839> new

of new friends and you beat those new

of new friends and you beat those new friends<00:12:51.519> too<00:12:52.320> into<00:12:52.600> the<00:12:52.800> best<00:12:53.040> job<00:12:53.800> and<00:12:53.920> then

friends too into the best job and then

friends too into the best job and then you<00:12:54.240> get<00:12:54.399> the<00:12:54.560> best<00:12:54.800> job<00:12:55.000> working<00:12:55.320> for<00:12:55.480> a<00:12:55.639> bank

you get the best job working for a bank

you get the best job working for a bank in<00:12:56.000> the

in the

in the city<00:12:58.839> I<00:12:59.000> did<00:12:59.199> didn't<00:12:59.320> really<00:12:59.440> know<00:12:59.560> what<00:12:59.680> that

city I did didn't really know what that

city I did didn't really know what that meant<00:13:00.000> to<00:13:00.120> be<00:13:00.720> honest<00:13:01.720> but<00:13:01.839> I<00:13:01.959> had<00:13:02.079> an

meant to be honest but I had an

meant to be honest but I had an image<00:13:03.959> it<00:13:04.079> was<00:13:04.240> an<00:13:04.399> image<00:13:04.639> of<00:13:04.760> a<00:13:05.000> large<00:13:05.519> corner

image it was an image of a large corner

image it was an image of a large corner office<00:13:07.079> high<00:13:07.240> up<00:13:07.360> in<00:13:07.440> a<00:13:07.600> skyscraper<00:13:08.320> somewhere

office high up in a skyscraper somewhere

office high up in a skyscraper somewhere with<00:13:09.560> carpeted<00:13:10.040> floors<00:13:10.399> and<00:13:10.600> windows<00:13:11.000> for

with carpeted floors and windows for

with carpeted floors and windows for walls<00:13:12.440> and<00:13:12.560> a<00:13:12.800> high<00:13:13.120> blue<00:13:13.600> sky<00:13:13.880> and<00:13:14.000> a<00:13:14.160> warm<00:13:14.480> sun

walls and a high blue sky and a warm sun

walls and a high blue sky and a warm sun and<00:13:15.360> Views<00:13:15.680> some<00:13:15.920> miles<00:13:16.240> in<00:13:16.399> every

and Views some miles in every

and Views some miles in every direction<00:13:19.279> I<00:13:19.399> don't<00:13:19.639> actually<00:13:20.000> know<00:13:20.240> if

direction I don't actually know if

direction I don't actually know if offices<00:13:20.800> like<00:13:20.959> that<00:13:21.160> really

offices like that really

offices like that really exist<00:13:23.000> I<00:13:23.160> never<00:13:23.360> worked<00:13:23.600> in

exist I never worked in

exist I never worked in one<00:13:25.360> but<00:13:25.519> you<00:13:25.680> know<00:13:26.639> that<00:13:26.760> was<00:13:26.880> a<00:13:27.040> story

one but you know that was a story

one but you know that was a story I<00:13:29.600> got<00:13:29.680> to<00:13:29.800> be<00:13:29.880> honest<00:13:30.360> I<00:13:30.440> didn't<00:13:30.680> really<00:13:30.880> work

I got to be honest I didn't really work

I got to be honest I didn't really work hard<00:13:32.760> there<00:13:32.920> wasn't<00:13:33.160> anywhere<00:13:33.440> to<00:13:33.600> work<00:13:33.800> in<00:13:33.920> my

hard there wasn't anywhere to work in my

hard there wasn't anywhere to work in my house<00:13:35.720> the<00:13:35.880> only<00:13:36.199> desk<00:13:36.480> in<00:13:36.600> the<00:13:36.760> whole<00:13:36.920> house

house the only desk in the whole house

house the only desk in the whole house was<00:13:37.360> this<00:13:37.519> little<00:13:37.760> kind<00:13:37.959> of<00:13:38.240> Bureau<00:13:38.760> thing

was this little kind of Bureau thing

was this little kind of Bureau thing that<00:13:39.120> you<00:13:39.279> had<00:13:39.399> to<00:13:39.560> fold<00:13:39.920> out<00:13:40.399> right<00:13:40.560> next<00:13:40.760> to

that you had to fold out right next to

that you had to fold out right next to my<00:13:41.040> dad's<00:13:41.320> bed<00:13:41.519> and<00:13:41.680> when<00:13:41.800> you<00:13:41.920> did<00:13:42.079> a<00:13:42.199> whole

my dad's bed and when you did a whole

my dad's bed and when you did a whole load<00:13:42.560> of<00:13:42.680> M<00:13:42.920> flew<00:13:43.160> at<00:13:43.399> you<00:13:44.399> it<00:13:44.519> was<00:13:44.680> so<00:13:44.920> dark<00:13:45.199> and

load of M flew at you it was so dark and

load of M flew at you it was so dark and musty<00:13:45.880> there<00:13:46.199> that<00:13:46.480> I<00:13:46.560> don't<00:13:46.720> think<00:13:46.920> anyone

musty there that I don't think anyone

musty there that I don't think anyone could<00:13:47.360> work

could work

could work there<00:13:49.560> but<00:13:49.720> my<00:13:49.839> parents<00:13:50.160> had<00:13:50.279> a<00:13:50.440> solution<00:13:50.839> they

there but my parents had a solution they

there but my parents had a solution they got<00:13:51.199> this<00:13:51.399> like<00:13:51.600> plank<00:13:51.880> of<00:13:52.079> wood<00:13:52.680> and<00:13:52.800> if<00:13:52.920> you

got this like plank of wood and if you

got this like plank of wood and if you sat<00:13:53.279> on<00:13:53.360> the<00:13:53.480> armchair<00:13:53.920> you<00:13:54.000> could<00:13:54.160> put<00:13:54.279> the

sat on the armchair you could put the

sat on the armchair you could put the planker<00:13:54.759> with<00:13:54.920> the<00:13:55.079> cross<00:13:55.839> and<00:13:55.920> you<00:13:56.040> could

planker with the cross and you could

planker with the cross and you could balance<00:13:56.519> your<00:13:56.680> books<00:13:56.959> and<00:13:57.079> you<00:13:57.199> could<00:13:57.440> write

balance your books and you could write

balance your books and you could write there

there

there but<00:13:59.519> I<00:13:59.600> didn't<00:13:59.880> really<00:14:00.079> like<00:14:00.279> doing<00:14:00.560> that

but I didn't really like doing that

but I didn't really like doing that because<00:14:01.120> the<00:14:01.240> plank<00:14:01.519> wasn't<00:14:01.759> that<00:14:01.920> long<00:14:02.120> and

because the plank wasn't that long and

because the plank wasn't that long and it<00:14:02.360> would<00:14:02.680> fall<00:14:03.079> and<00:14:03.880> your<00:14:04.040> books<00:14:04.279> would<00:14:04.399> fall

it would fall and your books would fall

it would fall and your books would fall on<00:14:04.680> the

on the

on the floor<00:14:06.560> so<00:14:06.800> I<00:14:06.959> just<00:14:07.079> went<00:14:07.279> down<00:14:07.399> to<00:14:07.519> the<00:14:07.600> floor

floor so I just went down to the floor

floor so I just went down to the floor with<00:14:08.079> them<00:14:08.320> and<00:14:09.199> I<00:14:09.320> put<00:14:09.440> the<00:14:09.600> plank<00:14:09.839> down<00:14:10.000> on

with them and I put the plank down on

with them and I put the plank down on the<00:14:10.199> floor<00:14:10.480> and<00:14:10.560> I<00:14:10.680> used<00:14:10.880> to<00:14:11.000> work<00:14:11.320> there<00:14:12.079> lying

the floor and I used to work there lying

the floor and I used to work there lying down<00:14:12.560> on<00:14:12.720> my<00:14:12.880> belly<00:14:13.199> in<00:14:13.279> the<00:14:13.360> middle<00:14:13.600> of<00:14:13.680> the

down on my belly in the middle of the

down on my belly in the middle of the front<00:14:14.040> room<00:14:14.839> doing<00:14:15.199> my<00:14:15.320> Math's<00:14:15.639> homework<00:14:16.040> and

front room doing my Math's homework and

front room doing my Math's homework and my<00:14:16.279> French<00:14:16.639> homework<00:14:17.639> as<00:14:17.839> my<00:14:18.000> dad<00:14:18.160> used<00:14:18.360> to

my French homework as my dad used to

my French homework as my dad used to watch<00:14:18.720> Coronation<00:14:19.279> Street<00:14:20.160> and<00:14:20.279> my<00:14:20.440> brother

watch Coronation Street and my brother

watch Coronation Street and my brother and<00:14:20.880> sister<00:14:21.160> used<00:14:21.320> to<00:14:21.440> run<00:14:21.639> around<00:14:22.000> screaming

and sister used to run around screaming

and sister used to run around screaming and<00:14:22.800> causing

Carnage<00:14:26.800> what<00:14:26.880> do<00:14:27.000> you<00:14:27.120> do<00:14:27.279> you<00:14:27.839> know<00:14:28.839> I<00:14:29.160> didn't

Carnage what do you do you know I didn't

Carnage what do you do you know I didn't work

work

work hard<00:14:31.199> instead<00:14:31.519> I<00:14:31.639> was<00:14:31.759> out<00:14:31.920> on<00:14:32.040> the

hard instead I was out on the

hard instead I was out on the streets<00:14:34.560> you<00:14:34.720> know<00:14:34.880> my<00:14:35.000> street<00:14:35.279> was<00:14:35.440> like<00:14:35.519> a

streets you know my street was like a

streets you know my street was like a little<00:14:35.920> dead<00:14:36.120> end<00:14:36.399> Street<00:14:37.279> tucked<00:14:37.639> in<00:14:37.880> between

little dead end Street tucked in between

little dead end Street tucked in between the<00:14:38.320> High<00:14:38.519> Street<00:14:38.759> and<00:14:38.839> the<00:14:39.040> railway<00:14:40.000> and<00:14:40.120> on

the High Street and the railway and on

the High Street and the railway and on one<00:14:40.480> end<00:14:40.759> where<00:14:41.040> there<00:14:41.120> was<00:14:41.279> this<00:14:41.440> old

one end where there was this old

one end where there was this old abandoned<00:14:42.320> Factory<00:14:42.639> we<00:14:42.759> used<00:14:42.920> to<00:14:43.040> play<00:14:43.240> in<00:14:44.079> and

abandoned Factory we used to play in and

abandoned Factory we used to play in and on<00:14:44.320> the<00:14:44.440> other<00:14:44.639> end<00:14:44.880> there<00:14:45.000> was<00:14:45.199> this

on the other end there was this

on the other end there was this recycling<00:14:45.920> center<00:14:46.320> which<00:14:46.480> had<00:14:46.680> these<00:14:47.199> huge<00:14:48.199> 3

recycling center which had these huge 3

recycling center which had these huge 3 meter<00:14:48.839> high<00:14:49.320> piles<00:14:49.600> of<00:14:49.759> old<00:14:50.120> newspapers<00:14:51.120> we

meter high piles of old newspapers we

meter high piles of old newspapers we used<00:14:51.399> to<00:14:51.480> play<00:14:51.639> on<00:14:51.800> them<00:14:51.959> as

used to play on them as

used to play on them as well<00:14:54.000> but<00:14:54.120> there<00:14:54.199> was<00:14:54.360> never<00:14:54.560> any<00:14:54.720> traffic<00:14:55.040> on

well but there was never any traffic on

well but there was never any traffic on that<00:14:55.279> street<00:14:55.480> and<00:14:55.600> the<00:14:55.720> kids<00:14:55.920> used<00:14:56.040> to<00:14:56.120> just

that street and the kids used to just

that street and the kids used to just play<00:14:56.480> out<00:14:56.720> every

play out every

play out every day<00:14:59.040> and<00:14:59.160> when<00:14:59.279> the<00:14:59.399> first<00:14:59.639> Canary<00:15:00.000> War

day and when the first Canary War

day and when the first Canary War skyscrapers<00:15:00.920> went<00:15:01.079> up<00:15:01.880> which<00:15:02.040> was<00:15:02.199> happening

skyscrapers went up which was happening

skyscrapers went up which was happening when<00:15:02.639> I<00:15:02.759> was<00:15:02.959> about<00:15:03.639> 9<00:15:03.920> or<00:15:04.480> 10<00:15:05.480> we<00:15:05.600> could<00:15:05.759> see

when I was about 9 or 10 we could see

when I was about 9 or 10 we could see those<00:15:06.199> skyscrapers<00:15:06.800> go<00:15:06.920> up<00:15:07.040> in<00:15:07.160> a

those skyscrapers go up in a

those skyscrapers go up in a distance<00:15:10.360> and<00:15:10.480> so<00:15:10.680> I<00:15:11.240> thought<00:15:12.240> that's<00:15:12.440> it<00:15:13.079> then

distance and so I thought that's it then

distance and so I thought that's it then that's<00:15:14.320> where<00:15:14.480> I'm<00:15:14.600> going<00:15:14.720> to

that's where I'm going to

that's where I'm going to be<00:15:16.480> looks<00:15:16.759> like<00:15:16.880> a<00:15:17.000> lot<00:15:17.120> of<00:15:17.240> corner<00:15:17.519> offices<00:15:17.920> in

be looks like a lot of corner offices in

be looks like a lot of corner offices in that

that

that building<00:15:20.519> maybe<00:15:20.759> some<00:15:20.959> other<00:15:21.160> kids<00:15:21.360> thought

building maybe some other kids thought

building maybe some other kids thought the

the

the same<00:15:24.519> but<00:15:24.639> you<00:15:24.759> know<00:15:24.880> I<00:15:25.000> wasn't<00:15:25.240> really

same but you know I wasn't really

same but you know I wasn't really studying<00:15:27.279> but<00:15:27.399> you<00:15:27.480> might<00:15:27.639> think<00:15:27.839> that's<00:15:27.959> a

studying but you might think that's a

studying but you might think that's a problem<00:15:28.440> but<00:15:28.600> to<00:15:28.680> be<00:15:28.759> honest

problem but to be honest

problem but to be honest it

it

it weren't<00:15:31.399> cuz<00:15:31.560> even<00:15:31.759> though<00:15:31.880> I<00:15:32.000> Wen<00:15:32.199> never

weren't cuz even though I Wen never

weren't cuz even though I Wen never studying<00:15:33.000> I<00:15:33.120> still<00:15:33.360> came<00:15:33.600> first<00:15:33.800> in<00:15:34.000> every

studying I still came first in every

studying I still came first in every exam<00:15:36.120> and<00:15:36.240> I<00:15:36.319> don't<00:15:36.519> know

exam and I don't know

exam and I don't know why<00:15:38.319> I<00:15:38.440> don't<00:15:38.600> know<00:15:38.800> what<00:15:38.959> that

why I don't know what that

why I don't know what that means<00:15:40.720> and<00:15:40.839> the<00:15:41.000> kids<00:15:41.240> at<00:15:41.399> school<00:15:41.680> would<00:15:41.800> say

means and the kids at school would say

means and the kids at school would say oh<00:15:42.160> we<00:15:42.240> you<00:15:42.319> know<00:15:42.480> you're<00:15:42.680> studying<00:15:43.199> and<00:15:43.319> I

oh we you know you're studying and I

oh we you know you're studying and I would<00:15:43.560> say<00:15:43.800> I'm<00:15:43.959> not<00:15:44.240> I'm<00:15:44.360> not

would say I'm not I'm not

would say I'm not I'm not studying<00:15:46.079> and<00:15:46.199> they<00:15:46.319> would<00:15:46.480> say<00:15:46.639> we<00:15:46.800> know<00:15:47.040> that

studying and they would say we know that

studying and they would say we know that you<00:15:47.279> are<00:15:47.600> and<00:15:48.519> I<00:15:48.600> don't<00:15:48.759> know<00:15:48.880> what<00:15:48.959> you<00:15:49.120> say<00:15:49.319> to

you are and I don't know what you say to

you are and I don't know what you say to that<00:15:50.519> so<00:15:50.720> I<00:15:50.839> used<00:15:51.000> to<00:15:51.160> take<00:15:51.360> him<00:15:51.800> sometimes

that so I used to take him sometimes

that so I used to take him sometimes back<00:15:52.279> to<00:15:52.399> see<00:15:52.639> my<00:15:53.000> house<00:15:54.000> the<00:15:54.160> house<00:15:54.440> used<00:15:54.600> to

back to see my house the house used to

back to see my house the house used to shape<00:15:54.959> with<00:15:55.079> the<00:15:55.519> trains<00:15:56.519> and<00:15:56.639> then<00:15:56.759> they<00:15:56.880> knew

shape with the trains and then they knew

shape with the trains and then they knew that<00:15:57.160> I<00:15:57.279> wasn't<00:15:57.519> studying

that I wasn't studying

that I wasn't studying because<00:15:59.319> I

wasn't<00:16:02.839> not<00:16:03.040> long<00:16:03.240> after<00:16:03.440> that<00:16:03.560> I<00:16:03.639> got

wasn't not long after that I got

wasn't not long after that I got expelled<00:16:04.240> from<00:16:04.800> school<00:16:05.800> see<00:16:06.000> I<00:16:06.079> managed<00:16:06.360> to

expelled from school see I managed to

expelled from school see I managed to get<00:16:06.600> into<00:16:06.800> some<00:16:07.040> fancy<00:16:07.399> grammar<00:16:07.680> school<00:16:07.959> and

get into some fancy grammar school and

get into some fancy grammar school and the<00:16:08.240> kids<00:16:08.480> there<00:16:08.600> knew<00:16:08.839> that<00:16:08.920> I<00:16:09.040> could<00:16:09.199> get

the kids there knew that I could get

the kids there knew that I could get drugs<00:16:10.959> and<00:16:11.079> they<00:16:11.199> were<00:16:11.480> right<00:16:12.000> I<00:16:12.120> could<00:16:12.319> get

drugs and they were right I could get

drugs and they were right I could get drugs<00:16:13.240> there<00:16:13.360> were<00:16:13.519> drugs<00:16:13.759> on<00:16:13.920> my<00:16:14.079> street

drugs there were drugs on my street

drugs there were drugs on my street there<00:16:14.639> was<00:16:14.880> about<00:16:15.160> 10<00:16:15.440> houses<00:16:15.759> I<00:16:15.839> could<00:16:15.920> have

there was about 10 houses I could have

there was about 10 houses I could have knocked<00:16:16.279> on<00:16:16.399> at<00:16:16.560> any<00:16:16.759> time<00:16:17.519> and<00:16:17.680> those<00:16:17.839> front

knocked on at any time and those front

knocked on at any time and those front doors<00:16:18.319> would<00:16:18.480> open<00:16:18.680> up<00:16:18.839> and<00:16:18.959> they'd<00:16:19.120> sell<00:16:19.360> me

doors would open up and they'd sell me

doors would open up and they'd sell me drugs<00:16:21.600> and<00:16:21.759> those<00:16:22.040> kids<00:16:22.279> at<00:16:22.399> the<00:16:22.519> grammar

drugs and those kids at the grammar

drugs and those kids at the grammar school<00:16:23.319> from<00:16:23.560> fancy<00:16:23.920> homes<00:16:24.279> and<00:16:24.519> fancy<00:16:24.920> houses

school from fancy homes and fancy houses

school from fancy homes and fancy houses and<00:16:26.120> staircases<00:16:26.880> that<00:16:27.160> split<00:16:27.519> in<00:16:27.759> two<00:16:28.040> in<00:16:28.160> the

and staircases that split in two in the

and staircases that split in two in the middle

middle

middle they<00:16:30.120> didn't<00:16:30.360> have<00:16:30.519> doors<00:16:30.800> that<00:16:30.920> opened<00:16:31.199> up

they didn't have doors that opened up

they didn't have doors that opened up like<00:16:31.519> that<00:16:31.639> on<00:16:31.759> their

like that on their

like that on their streets<00:16:33.560> but<00:16:33.720> what<00:16:33.880> they<00:16:34.040> did<00:16:34.319> have<00:16:35.319> was

streets but what they did have was

streets but what they did have was money

money

money money<00:16:39.240> so<00:16:39.519> they<00:16:39.680> brought<00:16:40.000> their<00:16:40.199> money<00:16:40.759> that<00:16:40.920> I

money so they brought their money that I

money so they brought their money that I didn't<00:16:41.440> have<00:16:41.759> and<00:16:41.920> I<00:16:42.079> brought<00:16:42.360> my<00:16:42.560> drugs<00:16:43.040> which

didn't have and I brought my drugs which

didn't have and I brought my drugs which they<00:16:43.440> didn't<00:16:43.800> have<00:16:44.560> and<00:16:44.720> we<00:16:44.959> met<00:16:45.240> then<00:16:45.399> in

they didn't have and we met then in

they didn't have and we met then in bounous<00:16:46.199> free<00:16:46.920> Commerce<00:16:47.920> and<00:16:48.040> it<00:16:48.160> wasn't<00:16:48.560> them

bounous free Commerce and it wasn't them

bounous free Commerce and it wasn't them it<00:16:49.160> was<00:16:49.360> me<00:16:49.639> that<00:16:49.759> got<00:16:49.959> expelled<00:16:50.839> wasn't<00:16:51.120> it

it was me that got expelled wasn't it

it was me that got expelled wasn't it and<00:16:52.240> I<00:16:52.360> didn't<00:16:52.600> know<00:16:52.880> quite<00:16:53.480> what<00:16:53.680> that

and I didn't know quite what that

and I didn't know quite what that meant<00:16:56.160> what<00:16:56.279> would<00:16:56.480> you<00:16:56.680> do

you<00:17:02.240> know<00:17:02.399> when<00:17:02.519> I<00:17:02.600> was<00:17:02.839> very<00:17:03.280> young<00:17:04.280> primary

you know when I was very young primary

you know when I was very young primary school<00:17:05.839> I<00:17:05.959> had<00:17:06.079> the<00:17:06.199> school<00:17:06.480> trip<00:17:06.959> to<00:17:07.120> the

school I had the school trip to the

school I had the school trip to the seaside<00:17:09.160> at<00:17:09.400> that<00:17:09.679> time<00:17:10.400> I<00:17:10.559> owned<00:17:10.919> two<00:17:11.160> pairs

seaside at that time I owned two pairs

seaside at that time I owned two pairs of

of

of shoes<00:17:13.400> one<00:17:13.600> was<00:17:13.760> a<00:17:13.880> pair<00:17:14.039> of<00:17:14.240> black<00:17:14.480> school

shoes one was a pair of black school

shoes one was a pair of black school shoes<00:17:16.120> that<00:17:16.240> were<00:17:16.400> a<00:17:16.520> hand<00:17:16.760> me<00:17:16.919> down<00:17:17.079> for<00:17:17.199> my

shoes that were a hand me down for my

shoes that were a hand me down for my older

older

older brother<00:17:19.120> I<00:17:19.240> wore<00:17:19.559> those<00:17:19.760> to<00:17:19.959> school<00:17:20.600> and<00:17:20.720> to

brother I wore those to school and to

brother I wore those to school and to church<00:17:23.400> I<00:17:23.559> also<00:17:23.839> had<00:17:24.039> one<00:17:24.280> pair<00:17:24.480> of<00:17:24.679> black

church I also had one pair of black

church I also had one pair of black plims<00:17:27.000> also<00:17:27.400> a<00:17:27.559> hand<00:17:27.720> me-<00:17:27.919> down<00:17:28.039> for<00:17:28.240> my

plims also a hand me- down for my

plims also a hand me- down for my brother

I<00:17:32.280> War<00:17:32.520> those<00:17:32.720> for<00:17:32.919> everything

I War those for everything

I War those for everything else<00:17:36.200> that<00:17:36.400> day<00:17:36.520> on<00:17:36.640> the

else that day on the

else that day on the seaside<00:17:38.640> I<00:17:38.760> took<00:17:38.919> off<00:17:39.080> my<00:17:39.240> PLM<00:17:39.559> sols<00:17:39.799> and<00:17:39.880> I<00:17:40.000> ran

seaside I took off my PLM sols and I ran

seaside I took off my PLM sols and I ran into<00:17:40.400> the<00:17:40.520> sea<00:17:41.000> and<00:17:41.080> I<00:17:41.200> played<00:17:41.480> in<00:17:41.600> the

into the sea and I played in the

into the sea and I played in the waves<00:17:43.320> and<00:17:43.440> when<00:17:43.559> I<00:17:43.720> came<00:17:43.919> back<00:17:44.039> to<00:17:44.200> the<00:17:44.280> shore

waves and when I came back to the shore

waves and when I came back to the shore the<00:17:45.360> pl<00:17:45.679> Souls<00:17:45.960> were<00:17:46.520> gone<00:17:47.520> I<00:17:47.640> guess<00:17:47.799> the<00:17:47.919> waves

the pl Souls were gone I guess the waves

the pl Souls were gone I guess the waves must<00:17:48.480> have<00:17:48.640> taken

must have taken

must have taken them<00:17:50.720> after<00:17:51.039> that<00:17:51.520> I<00:17:51.640> wore<00:17:51.840> the<00:17:51.960> black<00:17:52.120> school

them after that I wore the black school

them after that I wore the black school shoes<00:17:52.679> for

shoes for

shoes for everything<00:17:54.520> PE<00:17:55.200> class<00:17:56.679> everything<00:17:57.679> I<00:17:57.799> wore

everything PE class everything I wore

everything PE class everything I wore them<00:17:58.159> until<00:17:58.360> they<00:17:58.480> fell<00:17:58.640> apart

them until they fell apart

them until they fell apart part<00:18:01.240> I<00:18:01.360> don't<00:18:01.520> know<00:18:01.679> you<00:18:01.880> know<00:18:02.880> what<00:18:03.000> would

part I don't know you know what would

part I don't know you know what would you

you

you do<00:18:05.559> and<00:18:05.679> now<00:18:05.840> this<00:18:05.960> brings<00:18:06.240> us<00:18:06.400> to<00:18:06.559> our<00:18:06.799> first

do and now this brings us to our first

do and now this brings us to our first moral

moral

moral question<00:18:10.159> at<00:18:10.400> this

question at this

question at this point<00:18:12.159> we<00:18:12.520> see<00:18:13.520> in<00:18:13.720> sharp<00:18:14.159> moral

point we see in sharp moral

point we see in sharp moral Focus<00:18:16.559> the<00:18:16.679> meaning<00:18:17.000> of<00:18:17.200> what<00:18:17.320> it<00:18:17.480> is<00:18:17.919> to<00:18:18.080> be

Focus the meaning of what it is to be

Focus the meaning of what it is to be poor<00:18:19.240> and<00:18:19.400> to<00:18:19.600> try<00:18:19.840> to<00:18:20.000> be

poor and to try to be

poor and to try to be rich<00:18:22.039> so<00:18:22.280> imagine

rich so imagine

rich so imagine this<00:18:25.280> you<00:18:25.440> are<00:18:25.640> there<00:18:25.760> for<00:18:25.960> the<00:18:26.080> first<00:18:26.320> day<00:18:26.440> of

this you are there for the first day of

this you are there for the first day of your<00:18:26.840> new

your new

your new life<00:18:28.799> you're<00:18:29.400> 16<00:18:30.400> you've<00:18:30.640> just<00:18:30.760> been<00:18:31.000> expelled

life you're 16 you've just been expelled

life you're 16 you've just been expelled from

from

from school<00:18:33.559> in<00:18:33.679> the<00:18:33.880> night<00:18:34.159> time<00:18:34.360> you<00:18:34.480> were<00:18:34.679> awoken

school in the night time you were awoken

school in the night time you were awoken by<00:18:35.360> your<00:18:35.559> mother<00:18:35.919> crying<00:18:36.280> at<00:18:36.400> the<00:18:36.480> foot<00:18:36.679> of

by your mother crying at the foot of

by your mother crying at the foot of your

your

your bed<00:18:38.600> but<00:18:38.760> she's<00:18:39.039> gone<00:18:39.799> now<00:18:40.799> everyone's<00:18:41.280> gone

bed but she's gone now everyone's gone

bed but she's gone now everyone's gone now<00:18:42.760> your<00:18:43.000> mom<00:18:43.559> and<00:18:43.679> your<00:18:43.919> dad<00:18:44.360> and<00:18:44.480> your

now your mom and your dad and your

now your mom and your dad and your brother<00:18:44.960> are<00:18:45.120> at<00:18:45.600> work<00:18:46.600> your<00:18:46.840> younger<00:18:47.240> sister

brother are at work your younger sister

brother are at work your younger sister she's<00:18:48.080> still<00:18:48.280> in

she's still in

she's still in school<00:18:50.240> there's<00:18:50.480> no<00:18:50.600> one<00:18:50.799> in<00:18:50.919> the<00:18:51.120> house<00:18:52.080> and

school there's no one in the house and

school there's no one in the house and there's<00:18:52.440> no<00:18:52.760> school<00:18:52.960> to<00:18:53.159> go

there's no school to go

there's no school to go to<00:18:55.559> so<00:18:55.760> you<00:18:55.880> get<00:18:56.039> out<00:18:56.120> of<00:18:56.280> bed<00:18:56.400> and<00:18:56.520> you<00:18:56.640> go

to so you get out of bed and you go

to so you get out of bed and you go downstairs<00:18:57.320> to<00:18:57.480> the<00:18:57.640> bathroom<00:18:58.840> which<00:18:58.960> is<00:18:59.080> in

downstairs to the bathroom which is in

downstairs to the bathroom which is in the<00:18:59.400> kitchen<00:19:00.400> and<00:19:00.480> you<00:19:00.640> plug<00:19:00.840> a<00:19:01.000> little

the kitchen and you plug a little

the kitchen and you plug a little plastic<00:19:01.600> hose<00:19:01.919> into<00:19:02.120> the<00:19:02.240> TOs<00:19:02.480> of<00:19:02.600> the<00:19:02.720> bathtub

plastic hose into the TOs of the bathtub

plastic hose into the TOs of the bathtub and<00:19:03.360> you<00:19:03.480> sit<00:19:03.760> down<00:19:03.919> on<00:19:04.080> the<00:19:04.240> cold<00:19:04.720> plastic<00:19:05.679> and

and you sit down on the cold plastic and

and you sit down on the cold plastic and you<00:19:05.919> shower<00:19:06.360> yourself<00:19:06.919> and<00:19:07.000> you<00:19:07.200> watch<00:19:07.400> the

you shower yourself and you watch the

you shower yourself and you watch the water<00:19:07.840> go<00:19:08.000> down<00:19:08.200> the<00:19:08.360> drain<00:19:09.320> and<00:19:09.400> you<00:19:09.559> say<00:19:09.760> to

water go down the drain and you say to

water go down the drain and you say to yourself<00:19:11.280> that's<00:19:11.480> your<00:19:11.679> life<00:19:12.000> that<00:19:12.440> is<00:19:13.440> that's

yourself that's your life that is that's

yourself that's your life that is that's your

your

your life<00:19:15.440> and<00:19:15.559> then<00:19:15.679> you<00:19:15.880> get<00:19:16.000> out<00:19:16.159> of<00:19:16.280> the<00:19:16.400> bath

life and then you get out of the bath

life and then you get out of the bath and<00:19:16.840> you<00:19:16.960> dry<00:19:17.240> yourself<00:19:17.640> and<00:19:17.760> you're<00:19:17.880> drying

and you dry yourself and you're drying

and you dry yourself and you're drying your<00:19:18.400> hair<00:19:18.559> on<00:19:18.679> the<00:19:18.799> doorbell<00:19:19.240> rings<00:19:20.120> and<00:19:20.240> it's

your hair on the doorbell rings and it's

your hair on the doorbell rings and it's your<00:19:20.600> friend<00:19:21.000> from<00:19:21.159> the<00:19:21.320> street<00:19:22.159> who<00:19:22.320> you've

your friend from the street who you've

your friend from the street who you've been<00:19:22.640> smoking<00:19:23.080> with<00:19:23.280> for<00:19:23.440> about<00:19:23.799> 6<00:19:24.080> months<00:19:24.480> now

been smoking with for about 6 months now

been smoking with for about 6 months now and<00:19:25.480> he<00:19:25.600> knows<00:19:25.880> that<00:19:25.960> you've<00:19:26.120> been<00:19:26.280> expelled

and he knows that you've been expelled

and he knows that you've been expelled from<00:19:26.840> school<00:19:27.159> and<00:19:27.280> he's<00:19:27.520> really<00:19:27.720> sorry<00:19:28.720> and<00:19:28.799> he

from school and he's really sorry and he

from school and he's really sorry and he says<00:19:29.159> we<00:19:29.240> should<00:19:29.440> go<00:19:29.559> and<00:19:29.679> smoke

says we should go and smoke

says we should go and smoke up<00:19:32.400> so

up so

up so now<00:19:34.240> what<00:19:34.360> do<00:19:34.480> you

now what do you

now what do you do<00:19:37.240> this<00:19:37.360> is<00:19:37.520> the<00:19:37.679> moment<00:19:38.080> when<00:19:38.240> you<00:19:38.679> realize

do this is the moment when you realize

do this is the moment when you realize that<00:19:39.799> to<00:19:39.960> be<00:19:40.200> poor<00:19:41.000> and<00:19:41.120> to<00:19:41.320> want<00:19:41.480> to<00:19:41.640> be<00:19:41.840> rich

that to be poor and to want to be rich

that to be poor and to want to be rich is<00:19:42.840> a<00:19:43.000> walking

is a walking

is a walking away<00:19:44.960> it<00:19:45.080> is<00:19:45.200> a<00:19:45.360> walking<00:19:45.760> away<00:19:46.000> from<00:19:46.159> the

away it is a walking away from the

away it is a walking away from the friends<00:19:46.559> you<00:19:46.679> grew<00:19:46.919> up<00:19:47.080> with<00:19:48.039> it<00:19:48.159> is<00:19:48.280> a<00:19:48.400> walking

friends you grew up with it is a walking

friends you grew up with it is a walking away<00:19:49.600> from<00:19:49.919> people<00:19:50.320> like

away from people like

away from people like you<00:19:52.360> and<00:19:52.480> you<00:19:52.679> know<00:19:53.120> deep<00:19:53.400> within<00:19:53.679> yourself<00:19:54.120> in

you and you know deep within yourself in

you and you know deep within yourself in your<00:19:54.480> heart<00:19:54.679> of<00:19:54.960> hearts<00:19:55.960> these<00:19:56.159> friends<00:19:56.440> won't

your heart of hearts these friends won't

your heart of hearts these friends won't be<00:19:56.960> okay<00:19:57.400> without<00:19:57.720> you

be okay without you

be okay without you but<00:19:59.480> what<00:19:59.600> about<00:20:00.200> you<00:20:01.200> if<00:20:01.320> you<00:20:01.480> stick<00:20:01.799> around

but what about you if you stick around

but what about you if you stick around to<00:20:02.200> save<00:20:02.600> him<00:20:03.600> then<00:20:03.760> who<00:20:03.880> sticks<00:20:04.240> around<00:20:04.440> to

to save him then who sticks around to

to save him then who sticks around to save

save

save you<00:20:07.600> what<00:20:07.760> does<00:20:07.919> it<00:20:08.600> mean<00:20:09.600> to<00:20:09.799> be

you what does it mean to be

you what does it mean to be selfish<00:20:12.840> what<00:20:12.960> would<00:20:13.120> you<00:20:13.360> do<00:20:14.120> if<00:20:14.240> it<00:20:14.360> were

selfish what would you do if it were

selfish what would you do if it were you<00:20:16.840> what<00:20:16.960> would<00:20:17.120> you

do<00:20:20.799> I<00:20:20.919> didn't

do I didn't

do I didn't go<00:20:22.840> I

go I

go I worked<00:20:24.720> I<00:20:24.880> worked<00:20:25.280> there<00:20:25.919> by<00:20:26.200> myself<00:20:26.840> in<00:20:27.000> that

worked I worked there by myself in that

worked I worked there by myself in that cold<00:20:27.559> empty<00:20:27.960> house<00:20:28.880> B<00:20:29.280> down<00:20:29.440> in<00:20:29.559> the<00:20:29.679> center<00:20:29.919> of

cold empty house B down in the center of

cold empty house B down in the center of the<00:20:30.159> front<00:20:30.640> room<00:20:31.640> math

the front room math

the front room math homework<00:20:33.559> chemistry<00:20:34.520> homework<00:20:35.520> English

homework chemistry homework English

homework chemistry homework English homework<00:20:37.640> every<00:20:37.960> day<00:20:38.159> on<00:20:38.320> that<00:20:38.480> small<00:20:38.799> wooden

homework every day on that small wooden

homework every day on that small wooden board<00:20:41.679> and<00:20:41.799> I<00:20:41.960> did<00:20:42.200> it<00:20:43.200> I<00:20:43.400> killed<00:20:43.760> my

board and I did it I killed my

board and I did it I killed my exams<00:20:45.600> I<00:20:45.840> decimated<00:20:46.520> the

exams I decimated the

exams I decimated the opposition<00:20:48.240> I<00:20:48.400> outco<00:20:48.760> competed<00:20:49.280> my

opposition I outco competed my

opposition I outco competed my friends<00:20:51.360> I<00:20:51.760> won<00:20:53.159> then<00:20:54.159> my<00:20:54.360> first<00:20:54.640> taste<00:20:54.919> of

friends I won then my first taste of

friends I won then my first taste of blood<00:20:57.320> so<00:20:57.559> what<00:20:57.760> next

blood so what next

blood so what next 3<00:20:59.720> years<00:21:00.039> later<00:21:01.039> the<00:21:01.159> London<00:21:01.480> School<00:21:01.720> of

3 years later the London School of

3 years later the London School of Economics

Economics

Economics money<00:21:05.840> so<00:21:06.039> I'll<00:21:06.159> be<00:21:06.240> honest<00:21:06.480> I<00:21:06.600> thought<00:21:06.720> LC<00:21:07.039> was

money so I'll be honest I thought LC was

money so I'll be honest I thought LC was going<00:21:07.240> to<00:21:07.320> be<00:21:07.679> difficult<00:21:07.880> but<00:21:08.080> to<00:21:08.200> be<00:21:08.320> honest

going to be difficult but to be honest

going to be difficult but to be honest it<00:21:08.640> wasn't<00:21:08.880> that

it wasn't that

it wasn't that hard<00:21:10.600> millionaires<00:21:11.320> kids<00:21:12.320> Gaddafi's<00:21:13.279> kids

hard millionaires kids Gaddafi's kids

hard millionaires kids Gaddafi's kids paying<00:21:14.720> tens<00:21:14.960> of<00:21:15.159> thousands<00:21:15.520> of<00:21:15.720> pounds<00:21:16.400> to

paying tens of thousands of pounds to

paying tens of thousands of pounds to send<00:21:16.840> their<00:21:17.000> kids<00:21:17.279> over<00:21:17.480> to<00:21:17.640> London<00:21:18.480> from<00:21:18.799> all

send their kids over to London from all

send their kids over to London from all over<00:21:19.240> the<00:21:19.400> world<00:21:20.120> to<00:21:20.320> get<00:21:20.480> beat<00:21:20.760> by<00:21:20.960> me<00:21:21.159> in

over the world to get beat by me in

over the world to get beat by me in their

exams<00:21:24.799> I<00:21:24.880> don't<00:21:25.039> know<00:21:25.200> why<00:21:25.360> to<00:21:25.480> be

exams I don't know why to be

exams I don't know why to be honest<00:21:27.520> I<00:21:27.600> don't<00:21:27.799> really<00:21:27.960> know<00:21:28.080> what<00:21:28.200> that

honest I don't really know what that

honest I don't really know what that means

means

means but<00:21:30.520> I<00:21:30.600> had<00:21:30.679> a<00:21:30.840> desk

but I had a desk

but I had a desk then<00:21:33.039> not<00:21:33.159> a<00:21:33.279> home<00:21:33.760> there<00:21:33.840> was<00:21:33.919> a<00:21:34.000> desk<00:21:34.240> in

then not a home there was a desk in

then not a home there was a desk in library<00:21:36.679> so<00:21:36.840> now<00:21:37.000> you're<00:21:37.120> at<00:21:37.600> LC<00:21:38.600> you're<00:21:38.840> 19

library so now you're at LC you're 19

library so now you're at LC you're 19 years<00:21:39.480> old<00:21:40.480> you're<00:21:40.720> studying<00:21:41.159> maths<00:21:41.360> and

years old you're studying maths and

years old you're studying maths and economics<00:21:42.279> which<00:21:42.440> is<00:21:42.720> basically<00:21:43.120> the<00:21:43.200> same<00:21:43.400> as

economics which is basically the same as

economics which is basically the same as economics<00:21:44.120> because<00:21:44.279> economics<00:21:44.760> is<00:21:44.919> mostly

economics because economics is mostly

economics because economics is mostly math

math

math nowadays<00:21:47.279> your<00:21:47.600> focus<00:21:48.039> now<00:21:48.240> is<00:21:48.360> on<00:21:48.640> smashing

nowadays your focus now is on smashing

nowadays your focus now is on smashing the<00:21:49.279> other<00:21:50.039> students<00:21:51.039> killing<00:21:51.360> them<00:21:51.520> in<00:21:51.640> their

the other students killing them in their

the other students killing them in their exams<00:21:53.360> making<00:21:53.640> it<00:21:53.840> clear<00:21:54.080> to<00:21:54.360> everyone<00:21:55.039> that

exams making it clear to everyone that

exams making it clear to everyone that you<00:21:55.279> are<00:21:55.440> the<00:21:55.600> best<00:21:55.720> student<00:21:56.080> in<00:21:56.159> the<00:21:56.279> union

you are the best student in the union

you are the best student in the union and<00:21:57.240> beating<00:21:57.840> everyone<00:21:58.240> to<00:21:58.360> the<00:21:58.600> the<00:21:58.760> top<00:21:59.039> job

and beating everyone to the the top job

and beating everyone to the the top job that<00:21:59.720> will<00:21:59.880> make<00:22:00.000> you<00:22:00.120> a

that will make you a

that will make you a millionaire<00:22:02.960> everyone<00:22:03.279> else<00:22:03.480> is<00:22:03.600> trying<00:22:03.760> to

millionaire everyone else is trying to

millionaire everyone else is trying to do<00:22:04.039> the<00:22:04.159> same

do the same

do the same thing<00:22:06.440> nobody's<00:22:06.919> really<00:22:07.120> that<00:22:07.240> bothered<00:22:07.559> in

thing nobody's really that bothered in

thing nobody's really that bothered in trying<00:22:07.799> to<00:22:07.919> work<00:22:08.039> out<00:22:08.200> how<00:22:08.360> the<00:22:08.480> economy<00:22:08.840> works

trying to work out how the economy works

trying to work out how the economy works why<00:22:09.919> would<00:22:10.120> we<00:22:10.279> be<00:22:11.240> we<00:22:11.360> didn't<00:22:11.640> go<00:22:11.919> there<00:22:12.039> to<00:22:12.200> do

why would we be we didn't go there to do

why would we be we didn't go there to do that<00:22:12.520> you<00:22:12.600> know<00:22:12.679> we<00:22:12.799> were<00:22:12.960> there<00:22:13.080> to<00:22:13.320> kill<00:22:14.000> to

that you know we were there to kill to

that you know we were there to kill to compete<00:22:14.960> to<00:22:15.159> make<00:22:15.440> money<00:22:16.400> it's<00:22:16.640> not<00:22:16.799> about

compete to make money it's not about

compete to make money it's not about knowledge<00:22:19.640> was<00:22:19.760> that<00:22:19.919> the<00:22:20.039> right<00:22:20.200> thing<00:22:20.360> to

knowledge was that the right thing to

knowledge was that the right thing to do<00:22:22.559> should<00:22:22.679> you<00:22:22.840> spend<00:22:23.159> your<00:22:23.400> time<00:22:24.039> actually

do should you spend your time actually

do should you spend your time actually trying<00:22:25.440> to<00:22:26.080> understand<00:22:26.360> the

trying to understand the

trying to understand the economy<00:22:28.520> and<00:22:28.679> let<00:22:28.919> everyone<00:22:29.279> else<00:22:29.559> beat<00:22:29.840> you

economy and let everyone else beat you

economy and let everyone else beat you in<00:22:30.840> your

exams<00:22:34.880> then<00:22:35.000> you'll<00:22:35.200> never<00:22:35.400> be<00:22:35.559> able<00:22:35.799> to<00:22:36.159> get<00:22:36.520> a

exams then you'll never be able to get a

exams then you'll never be able to get a job<00:22:37.240> to<00:22:37.520> actually<00:22:37.880> do<00:22:38.120> anything<00:22:38.960> with<00:22:39.120> that

knowledge<00:22:43.360> what<00:22:43.480> would<00:22:43.640> you

knowledge what would you

knowledge what would you do<00:22:46.200> I<00:22:46.320> made<00:22:46.480> my<00:22:46.600> decision<00:22:46.960> pretty<00:22:47.200> quickly<00:22:47.679> and

do I made my decision pretty quickly and

do I made my decision pretty quickly and I<00:22:47.960> killed<00:22:48.400> everyone<00:22:48.720> in<00:22:48.840> the<00:22:48.960> first<00:22:49.159> two

I killed everyone in the first two

I killed everyone in the first two exams<00:22:51.080> I<00:22:51.200> thought<00:22:51.520> that<00:22:51.640> was<00:22:51.799> the<00:22:51.960> right<00:22:52.240> path

exams I thought that was the right path

exams I thought that was the right path to<00:22:52.640> getting<00:22:52.840> me<00:22:52.919> a<00:22:53.039> millionaire<00:22:53.640> job<00:22:54.039> but<00:22:54.480> it

to getting me a millionaire job but it

to getting me a millionaire job but it turns<00:22:54.880> out<00:22:55.039> it

turns out it

turns out it wasn't<00:22:56.840> because<00:22:57.120> whilst<00:22:57.400> grades<00:22:57.679> are

wasn't because whilst grades are

wasn't because whilst grades are important<00:22:58.480> to<00:22:58.600> getting<00:22:58.799> the<00:22:58.960> top<00:22:59.159> jobs

important to getting the top jobs

important to getting the top jobs nowadays<00:23:01.159> other<00:23:01.400> things<00:23:01.600> are<00:23:01.799> more

nowadays other things are more

nowadays other things are more important<00:23:03.880> the<00:23:04.080> actual<00:23:04.360> way<00:23:04.480> you<00:23:04.640> get<00:23:04.760> a<00:23:04.880> good

important the actual way you get a good

important the actual way you get a good job<00:23:05.320> nowadays<00:23:05.919> is<00:23:06.120> sending<00:23:06.600> a<00:23:06.760> CV<00:23:07.240> and<00:23:07.640> cover

job nowadays is sending a CV and cover

job nowadays is sending a CV and cover letter<00:23:09.679> so<00:23:09.840> what<00:23:09.960> do<00:23:10.039> you<00:23:10.200> put<00:23:10.320> on<00:23:10.440> your<00:23:10.600> CV<00:23:10.919> and

letter so what do you put on your CV and

letter so what do you put on your CV and cover<00:23:11.360> letter<00:23:11.559> when<00:23:11.679> you<00:23:11.919> 19<00:23:12.320> years<00:23:12.760> old

cover letter when you 19 years old

cover letter when you 19 years old you've<00:23:13.919> been<00:23:14.120> expelled<00:23:14.559> from<00:23:14.679> school<00:23:14.919> for

you've been expelled from school for

you've been expelled from school for selling<00:23:15.400> drugs<00:23:16.200> you<00:23:16.320> did<00:23:16.480> a<00:23:16.600> pay<00:23:16.919> round<00:23:17.120> for

selling drugs you did a pay round for

selling drugs you did a pay round for six<00:23:17.600> years<00:23:18.559> you<00:23:18.720> spent<00:23:19.000> three<00:23:19.279> years<00:23:19.520> fluffing

six years you spent three years fluffing

six years you spent three years fluffing pillows<00:23:20.279> in<00:23:20.400> a<00:23:20.520> sofa<00:23:20.799> shop<00:23:21.000> in<00:23:21.159> beckon<00:23:21.559> next<00:23:21.720> to

pillows in a sofa shop in beckon next to

pillows in a sofa shop in beckon next to a<00:23:21.960> sewage<00:23:22.400> work<00:23:23.400> you<00:23:23.559> spent<00:23:23.799> a<00:23:23.919> year<00:23:24.039> and<00:23:24.159> a

a sewage work you spent a year and a

a sewage work you spent a year and a half<00:23:24.440> trying<00:23:24.679> to<00:23:24.840> become<00:23:25.039> a<00:23:25.159> Grime

half trying to become a Grime

half trying to become a Grime MC<00:23:27.720> my<00:23:27.880> friend<00:23:28.120> was<00:23:28.600> the<00:23:28.679> junior<00:23:29.000> United

MC my friend was the junior United

MC my friend was the junior United Nations<00:23:31.559> my<00:23:31.720> other<00:23:31.919> friend<00:23:32.200> played<00:23:32.520> OB<00:23:32.880> at<00:23:32.960> the

Nations my other friend played OB at the

Nations my other friend played OB at the Royal

Royal

Royal Al<00:23:35.480> he<00:23:35.640> founded<00:23:36.039> the<00:23:36.279> charity<00:23:37.279> that<00:23:37.480> runs<00:23:37.880> dirt

Al he founded the charity that runs dirt

Al he founded the charity that runs dirt bike<00:23:38.480> tours<00:23:39.120> through<00:23:39.360> the<00:23:39.480> Sahara<00:23:40.000> Desert<00:23:41.000> for

bike tours through the Sahara Desert for

bike tours through the Sahara Desert for some

reason<00:23:44.600> why<00:23:44.720> were<00:23:44.919> their<00:23:45.080> CVS<00:23:45.559> so<00:23:45.720> much<00:23:45.919> better

reason why were their CVS so much better

reason why were their CVS so much better than

than

than mine<00:23:48.880> they<00:23:48.960> were<00:23:49.200> better<00:23:49.919> because<00:23:50.200> they<00:23:50.640> knew

mine they were better because they knew

mine they were better because they knew more<00:23:51.919> likely<00:23:52.240> their<00:23:52.480> parents<00:23:52.760> had<00:23:53.360> known<00:23:54.360> they

more likely their parents had known they

more likely their parents had known they had<00:23:54.600> known<00:23:54.880> that<00:23:55.000> the<00:23:55.159> day<00:23:55.320> would<00:23:55.520> come<00:23:55.799> when

had known that the day would come when

had known that the day would come when the<00:23:56.120> children<00:23:56.440> of<00:23:56.640> this<00:23:56.760> world<00:23:57.000> would<00:23:57.200> be

the children of this world would be

the children of this world would be divided<00:23:58.039> based<00:23:58.279> on<00:23:58.640> who<00:23:59.120> and<00:23:59.320> who<00:23:59.520> could<00:23:59.720> not

divided based on who and who could not

divided based on who and who could not play<00:24:00.520> the

play the

play the oow<00:24:02.880> so<00:24:03.080> they<00:24:03.279> made<00:24:03.520> sure<00:24:04.120> that<00:24:04.320> their<00:24:04.520> kids

oow so they made sure that their kids

oow so they made sure that their kids had

oows<00:24:09.240> and<00:24:09.400> that's<00:24:09.520> how<00:24:09.720> jobs<00:24:09.919> are<00:24:10.039> allocated

oows and that's how jobs are allocated

oows and that's how jobs are allocated in<00:24:10.600> this<00:24:10.720> world<00:24:11.000> it's<00:24:11.120> not<00:24:11.320> about<00:24:11.600> exams<00:24:12.120> I<00:24:12.240> see

in this world it's not about exams I see

in this world it's not about exams I see that

that

that now<00:24:14.720> what<00:24:14.840> does<00:24:15.000> that

now what does that

now what does that mean<00:24:17.039> what<00:24:17.120> do<00:24:17.240> you

mean what do you

mean what do you do<00:24:19.559> okay<00:24:19.720> so<00:24:19.880> you<00:24:20.000> need<00:24:20.120> to<00:24:20.279> find<00:24:20.480> a<00:24:20.600> new<00:24:20.799> route

do okay so you need to find a new route

do okay so you need to find a new route you<00:24:21.799> need<00:24:21.960> to<00:24:22.080> sneak<00:24:22.480> in<00:24:22.640> through<00:24:22.840> the<00:24:23.000> back

you need to sneak in through the back

you need to sneak in through the back door<00:24:23.480> despite<00:24:23.799> the<00:24:23.919> fact<00:24:24.080> that<00:24:24.200> your<00:24:24.320> grades

door despite the fact that your grades

door despite the fact that your grades are<00:24:24.720> the<00:24:24.840> best<00:24:25.000> in<00:24:25.080> the<00:24:25.200> whole

are the best in the whole

are the best in the whole university<00:24:27.279> you<00:24:27.440> look<00:24:27.600> for<00:24:27.760> a<00:24:27.880> back<00:24:28.039> door<00:24:28.200> and

university you look for a back door and

university you look for a back door and you<00:24:28.559> find<00:24:28.799> one<00:24:30.240> competition<00:24:31.240> card<00:24:31.760> game<00:24:32.760> One

you find one competition card game One

you find one competition card game One Bank<00:24:33.279> runs<00:24:33.520> a<00:24:33.720> card<00:24:34.000> game<00:24:34.360> across<00:24:35.000> five

Bank runs a card game across five

Bank runs a card game across five universities<00:24:35.799> in<00:24:35.919> the<00:24:36.080> country<00:24:37.080> the<00:24:37.240> winner

universities in the country the winner

universities in the country the winner of<00:24:37.760> the<00:24:37.919> whole<00:24:38.200> competition<00:24:39.200> gets<00:24:39.399> an

of the whole competition gets an

of the whole competition gets an internship

internship

internship game<00:24:43.399> sounds

game sounds

game sounds nice<00:24:45.640> sounds<00:24:46.000> fair<00:24:46.320> doesn't

nice sounds fair doesn't

nice sounds fair doesn't it<00:24:48.919> sounds<00:24:49.159> like<00:24:49.279> you<00:24:49.399> don't<00:24:49.520> need<00:24:49.640> to<00:24:49.760> play

it sounds like you don't need to play

it sounds like you don't need to play the<00:24:49.960> oow<00:24:50.360> at

the oow at

the oow at least<00:24:52.640> but<00:24:52.760> it's<00:24:52.960> risky<00:24:53.320> isn't<00:24:53.520> it<00:24:53.880> it's<00:24:54.000> a

least but it's risky isn't it it's a

least but it's risky isn't it it's a game<00:24:55.320> so<00:24:55.520> what<00:24:55.600> you<00:24:55.720> do<00:24:55.840> you<00:24:55.960> do<00:24:56.120> some<00:24:56.279> research

game so what you do you do some research

game so what you do you do some research and<00:24:57.120> you<00:24:57.279> manage<00:24:57.600> to<00:24:57.799> find<00:24:58.039> out<00:24:58.440> the<00:24:58.520> rules<00:24:58.840> of

and you manage to find out the rules of

and you manage to find out the rules of the<00:24:59.159> game<00:24:59.960> before<00:25:00.279> the<00:25:00.440> competition<00:25:01.399> itself

the game before the competition itself

the game before the competition itself then<00:25:02.559> when<00:25:02.679> you<00:25:02.799> walk<00:25:03.039> into<00:25:03.279> the<00:25:03.440> competition

then when you walk into the competition

then when you walk into the competition against<00:25:04.640> the<00:25:04.760> other<00:25:05.000> wealthy<00:25:05.360> economic

against the other wealthy economic

against the other wealthy economic students<00:25:06.640> you<00:25:07.080> win<00:25:08.080> at<00:25:08.240> least<00:25:08.600> partially

students you win at least partially

students you win at least partially because<00:25:09.679> you<00:25:09.840> had<00:25:10.000> an

because you had an

because you had an advantage<00:25:11.720> an<00:25:11.880> unfair<00:25:12.799> Advantage<00:25:13.799> you

advantage an unfair Advantage you

advantage an unfair Advantage you cheated<00:25:14.840> in<00:25:14.960> a<00:25:15.480> sense<00:25:16.480> you<00:25:16.679> cheated<00:25:17.159> to

cheated in a sense you cheated to

cheated in a sense you cheated to win<00:25:19.240> what<00:25:19.360> does<00:25:19.520> that<00:25:20.159> mean<00:25:21.159> you<00:25:21.360> cheated<00:25:21.880> to

win what does that mean you cheated to

win what does that mean you cheated to win<00:25:22.200> a<00:25:22.399> game<00:25:22.919> that<00:25:23.039> you<00:25:23.159> needed<00:25:23.679> to<00:25:23.880> win<00:25:24.559> in

win a game that you needed to win in

win a game that you needed to win in order<00:25:24.960> to<00:25:25.120> get<00:25:25.279> a<00:25:25.480> job<00:25:26.440> despite<00:25:26.840> being<00:25:27.080> one<00:25:27.200> of

order to get a job despite being one of

order to get a job despite being one of the<00:25:27.440> top<00:25:27.640> students<00:25:28.399> in<00:25:28.520> the<00:25:28.679> whole

the top students in the whole

the top students in the whole university<00:25:31.320> what<00:25:31.480> does<00:25:31.600> that<00:25:32.039> mean<00:25:33.039> is<00:25:33.200> that

university what does that mean is that

university what does that mean is that fair<00:25:34.919> is<00:25:35.120> that

fair is that

fair is that human<00:25:37.880> what<00:25:38.000> would<00:25:38.159> you

human what would you

human what would you do<00:25:41.320> okay<00:25:41.480> so<00:25:41.679> now<00:25:41.799> you<00:25:41.919> get<00:25:42.039> the<00:25:42.200> job<00:25:42.360> now

do okay so now you get the job now

do okay so now you get the job now you're<00:25:42.600> a<00:25:42.720> Trader<00:25:43.399> the<00:25:43.640> best<00:25:44.159> job<00:25:44.760> in<00:25:44.880> the

you're a Trader the best job in the

you're a Trader the best job in the world<00:25:46.360> there's<00:25:46.520> no<00:25:46.679> Corner<00:25:47.000> offices<00:25:47.559> it's<00:25:47.679> a

world there's no Corner offices it's a

world there's no Corner offices it's a big

big

big room<00:25:49.960> it's<00:25:50.080> the<00:25:50.240> job<00:25:50.440> everybody

room it's the job everybody

room it's the job everybody wanted<00:25:52.799> you<00:25:52.960> get<00:25:53.080> to<00:25:53.200> the<00:25:53.320> trading<00:25:53.679> floor<00:25:53.919> of

wanted you get to the trading floor of

wanted you get to the trading floor of one<00:25:54.120> of<00:25:54.240> the<00:25:54.320> world's<00:25:54.640> biggest<00:25:54.960> banks<00:25:55.600> and

one of the world's biggest banks and

one of the world's biggest banks and it's<00:25:55.960> full<00:25:56.360> of<00:25:56.600> Genius<00:25:57.080> millionaires

it's full of Genius millionaires

it's full of Genius millionaires except<00:26:00.159> it's<00:26:00.520> it's<00:26:00.679> not<00:26:00.919> really<00:26:01.159> is<00:26:01.279> it<00:26:02.279> it's

except it's it's not really is it it's

except it's it's not really is it it's full<00:26:02.600> of<00:26:02.760> men<00:26:02.960> with<00:26:03.159> nice<00:26:03.360> shirts<00:26:04.279> expensive

full of men with nice shirts expensive

full of men with nice shirts expensive haircuts<00:26:06.600> it's<00:26:06.840> kind<00:26:07.039> of<00:26:07.200> full<00:26:07.440> of<00:26:07.960> obvious

haircuts it's kind of full of obvious

haircuts it's kind of full of obvious Psychopaths<00:26:08.919> with<00:26:09.080> emotional<00:26:09.520> problems<00:26:09.960> and

Psychopaths with emotional problems and

Psychopaths with emotional problems and people<00:26:10.559> who<00:26:10.679> shout<00:26:11.039> a<00:26:11.159> lot<00:26:11.320> and<00:26:11.440> aren't<00:26:11.720> really

people who shout a lot and aren't really

people who shout a lot and aren't really that<00:26:12.440> smart<00:26:13.440> and<00:26:13.559> you<00:26:13.720> suppose<00:26:14.120> that<00:26:14.320> that

that smart and you suppose that that

that smart and you suppose that that should<00:26:14.679> have<00:26:14.840> been<00:26:15.039> obvious<00:26:15.440> really<00:26:15.720> because

should have been obvious really because

should have been obvious really because it's<00:26:16.039> full<00:26:16.200> of<00:26:16.360> the<00:26:16.480> same<00:26:16.720> people<00:26:16.960> you<00:26:17.120> studied

it's full of the same people you studied

it's full of the same people you studied with<00:26:17.559> at<00:26:17.679> LC<00:26:18.200> and<00:26:18.559> they<00:26:18.640> were<00:26:18.840> never<00:26:19.080> really

with at LC and they were never really

with at LC and they were never really chosen<00:26:19.720> because<00:26:19.960> they<00:26:20.039> were<00:26:20.279> smart<00:26:21.279> they<00:26:21.360> were

chosen because they were smart they were

chosen because they were smart they were chosen<00:26:22.640> because<00:26:22.880> their<00:26:23.080> dads<00:26:23.320> were

chosen because their dads were

chosen because their dads were Rich<00:26:25.880> what<00:26:26.039> does<00:26:26.200> that<00:26:26.320> mean

so<00:26:30.080> you're<00:26:30.320> there<00:26:30.520> now<00:26:31.279> you're<00:26:31.559> young<00:26:32.000> and

so you're there now you're young and

so you're there now you're young and you're<00:26:32.360> hungry<00:26:32.880> and<00:26:32.960> you're<00:26:33.200> there<00:26:33.320> to<00:26:33.520> make

you're hungry and you're there to make

you're hungry and you're there to make money<00:26:34.200> and<00:26:34.279> you<00:26:34.399> want<00:26:34.520> to<00:26:34.720> learn<00:26:35.120> from<00:26:35.360> someone

money and you want to learn from someone

money and you want to learn from someone you<00:26:36.279> want<00:26:36.399> to<00:26:36.559> learn<00:26:36.880> how<00:26:37.039> to<00:26:37.279> trade<00:26:37.640> how<00:26:37.760> to

you want to learn how to trade how to

you want to learn how to trade how to make<00:26:38.159> money<00:26:38.679> but<00:26:38.880> everyone<00:26:39.200> there's<00:26:39.520> kind<00:26:39.679> of

make money but everyone there's kind of

make money but everyone there's kind of insane<00:26:42.640> and<00:26:42.760> then<00:26:42.960> suddenly<00:26:43.840> it's<00:26:44.039> October

insane and then suddenly it's October

insane and then suddenly it's October 2008<00:26:45.919> and<00:26:46.039> the<00:26:46.159> world<00:26:46.399> blows<00:26:46.760> up<00:26:47.600> and<00:26:47.720> Leman

2008 and the world blows up and Leman

2008 and the world blows up and Leman goes<00:26:48.600> bankrupt<00:26:49.600> and<00:26:49.799> seven<00:26:50.080> of<00:26:50.240> your<00:26:50.520> friends

goes bankrupt and seven of your friends

goes bankrupt and seven of your friends who<00:26:51.320> studied<00:26:51.760> with<00:26:51.960> you<00:26:52.399> at<00:26:52.520> the<00:26:52.600> London

who studied with you at the London

who studied with you at the London School<00:26:53.120> of<00:26:53.360> economics<00:26:54.360> and<00:26:54.520> had<00:26:54.760> only<00:26:55.039> just

School of economics and had only just

School of economics and had only just started<00:26:55.600> working<00:26:56.000> there<00:26:56.240> lose<00:26:56.600> their<00:26:56.799> jobs

started working there lose their jobs

started working there lose their jobs and<00:26:58.559> TV<00:26:58.960> cameras<00:26:59.360> go<00:26:59.559> down<00:26:59.679> to<00:26:59.880> their<00:27:00.120> office

and TV cameras go down to their office

and TV cameras go down to their office which<00:27:00.840> is<00:27:01.000> just<00:27:01.200> down<00:27:01.360> the<00:27:01.480> road<00:27:01.679> from<00:27:01.840> your

which is just down the road from your

which is just down the road from your office<00:27:03.360> and<00:27:03.480> your<00:27:03.679> friends<00:27:04.120> pack<00:27:04.399> all<00:27:04.600> their

office and your friends pack all their

office and your friends pack all their personal<00:27:05.200> possessions<00:27:05.640> into<00:27:05.880> little<00:27:06.200> green

personal possessions into little green

personal possessions into little green Leman<00:27:07.000> Brothers<00:27:07.399> duffel<00:27:07.760> bags<00:27:08.399> that<00:27:08.559> they'

Leman Brothers duffel bags that they'

Leman Brothers duffel bags that they' received<00:27:09.120> just<00:27:09.240> a<00:27:09.320> couple<00:27:09.559> weeks<00:27:09.799> earlier<00:27:10.559> as

received just a couple weeks earlier as

received just a couple weeks earlier as a<00:27:10.840> welcome<00:27:11.240> gift<00:27:11.440> for<00:27:11.600> managing<00:27:11.960> to<00:27:12.120> get<00:27:12.240> one

a welcome gift for managing to get one

a welcome gift for managing to get one of<00:27:12.480> the<00:27:12.679> best<00:27:12.880> jobs<00:27:13.240> in<00:27:13.360> the<00:27:13.520> entire<00:27:14.360> world<00:27:15.360> and

of the best jobs in the entire world and

of the best jobs in the entire world and they<00:27:15.640> carry<00:27:15.960> those<00:27:16.200> little<00:27:16.480> green<00:27:16.840> duffel

they carry those little green duffel

they carry those little green duffel bags<00:27:17.559> and<00:27:17.760> cardboard<00:27:18.279> boxes<00:27:18.679> full<00:27:18.840> of<00:27:19.039> their

bags and cardboard boxes full of their

bags and cardboard boxes full of their possessions<00:27:20.559> down<00:27:20.799> into<00:27:21.120> taxis<00:27:21.880> down<00:27:22.039> to<00:27:22.240> the

possessions down into taxis down to the

possessions down into taxis down to the station<00:27:23.640> and<00:27:23.880> TV<00:27:24.320> cameras<00:27:24.760> film<00:27:25.120> them<00:27:25.760> and<00:27:25.880> you

station and TV cameras film them and you

station and TV cameras film them and you see<00:27:26.360> them<00:27:27.120> on<00:27:27.399> TV

see them on TV

see them on TV and<00:27:29.320> you<00:27:29.440> feel<00:27:29.720> bad<00:27:29.880> for<00:27:30.080> them<00:27:30.320> because<00:27:30.559> you

and you feel bad for them because you

and you feel bad for them because you know<00:27:31.000> them<00:27:31.320> because<00:27:31.520> you<00:27:31.679> study<00:27:32.039> with

know them because you study with

know them because you study with them<00:27:33.799> but<00:27:33.919> you<00:27:34.039> don't<00:27:34.240> feel<00:27:34.480> bad<00:27:34.640> for<00:27:34.799> them

them but you don't feel bad for them

them but you don't feel bad for them really<00:27:36.440> because<00:27:36.679> you<00:27:36.799> know<00:27:37.039> they<00:27:37.120> should<00:27:37.279> have

really because you know they should have

really because you know they should have chosen<00:27:37.919> better<00:27:38.559> when<00:27:38.720> they<00:27:38.840> got<00:27:39.080> randomly

chosen better when they got randomly

chosen better when they got randomly assigned<00:27:39.840> a<00:27:40.000> bank<00:27:40.960> just<00:27:41.200> like

assigned a bank just like

assigned a bank just like you<00:27:43.440> what<00:27:43.559> does<00:27:43.720> that

you what does that

you what does that mean<00:27:45.760> what<00:27:45.919> would<00:27:46.039> you

mean what would you

mean what would you do<00:27:48.600> and<00:27:48.760> everyone<00:27:49.080> around<00:27:49.279> you<00:27:49.399> starts<00:27:49.640> to

do and everyone around you starts to

do and everyone around you starts to make<00:27:49.880> money<00:27:50.440> two<00:27:50.679> traders<00:27:51.039> in<00:27:51.159> my<00:27:51.279> team<00:27:51.440> of

make money two traders in my team of

make money two traders in my team of traders<00:27:51.880> made<00:27:52.120> $100<00:27:52.720> million<00:27:53.360> in<00:27:53.519> profit<00:27:53.760> the

traders made $100 million in profit the

traders made $100 million in profit the year<00:27:54.000> Li<00:27:54.279> went

year Li went

year Li went under<00:27:56.840> so<00:27:57.000> what<00:27:57.080> do<00:27:57.200> you<00:27:57.399> do

under so what do you do

under so what do you do I<00:27:59.159> know<00:27:59.279> what<00:27:59.440> I<00:27:59.640> did<00:28:00.640> I<00:28:00.799> started<00:28:01.080> to<00:28:01.240> copy<00:28:01.760> them

I know what I did I started to copy them

I know what I did I started to copy them even<00:28:03.039> though<00:28:03.399> I<00:28:03.559> had<00:28:03.720> no<00:28:03.960> idea<00:28:04.519> what<00:28:04.679> any<00:28:04.799> of

even though I had no idea what any of

even though I had no idea what any of them<00:28:05.039> were<00:28:05.640> doing<00:28:06.640> and<00:28:06.799> the<00:28:06.960> next

year<00:28:10.799> I<00:28:10.919> made<00:28:11.039> $12<00:28:11.399> million<00:28:11.880> in

year I made $12 million in

year I made $12 million in profit<00:28:14.480> but<00:28:14.679> that<00:28:14.799> year<00:28:14.919> there<00:28:15.039> was<00:28:15.159> a<00:28:15.240> lot<00:28:15.360> of

profit but that year there was a lot of

profit but that year there was a lot of public<00:28:15.799> discontent<00:28:16.360> about<00:28:16.519> the<00:28:16.640> pay<00:28:16.840> and<00:28:16.960> the

public discontent about the pay and the

public discontent about the pay and the bankers<00:28:17.840> bonuses<00:28:18.840> the<00:28:18.960> bankers<00:28:19.279> who<00:28:19.480> in<00:28:19.600> their

bankers bonuses the bankers who in their

bankers bonuses the bankers who in their eyes<00:28:20.080> had<00:28:20.200> ruined<00:28:20.519> the<00:28:20.600> global

eyes had ruined the global