*camera are on, mics looking good, okay?* yeah  *ready?* yeah ready, I'm ready, sit down? *yes pls*

okay um I'm gonna put this... ok  Have i got everything I need?... yeah

you tell me when we're good yeah

*just do a little bit of talking* one two three four five six seven 

*right* we good? *cameras are good* okay

yeah ready? *I'm ready yeah* okay

all right this video is going to be  the response to the budget on Friday so  

we're filming this on Thursday, Thursday  29th so the budget was six days ago um  

first I'm going to just say straight up  this is going to be a bit of a longer video  

than the normal videos um and that is because  the budget situation is a very serious situation  

um normally for YouTube we sort of shoot for  like 10 minuteish videos because like that's  

whatever it is better on YouTube um and we kind  of snip it up to make it like good YouTube length  

but that obviously requires some editing and  some sort of like careful planning and for this  

um basically I just didn't want to snip anything  up or cut anything down because it just didn't  

feel like the right thing to do basically because  it's a very serious situation there's like a lot  

to talk about so ultimately it's going to be a  very long video and um you can watch as much as  

little as you want but given the seriousness  of the situation I just felt like we just have  

to basically do talk about everything all the way  through um and I've got my computer here so that  

I can sort of try and get everything in um and  the video is going to be split into two parts  

First i'm just going to talk about basically my  experience of the budget and that's like a  

little bit not normally what we do it's more  like a very analytical channel and there will  

be analytics and if you want just that if  you want just the analysis we will put a  

little button up so you can skip straight  to it um but the budget was just quite a  

a big moment for me and I want to talk about  that just because I think it's it's important

but basically it gave me some conflicted  emotions about even doing this video and  

I think it's it's important that people realise  the importance of the situation you know the last  

few days I was at Labour conference and there  was a lot of sort of optimism there because  

you know given this sort of catastrophic collapse  in in the government they're sort of thinking  

we're going to win the next election and it  just sort of left me standing there thinking  

I'm not quite sure people understand  just how serious this is so um  

so I want to just talk about what it  was like for me to watch the budget  

um maybe it's much because I want to get off my  chest but I think I think um people need to know  

it from the human side as well as the analysis  so we're going to start with that and like I say  

if you want to skip it you can skip it and we'll  tell you where to skip to we're filming this on  

the Thursday the budget was last Friday um so I  live in East London quite close to Canary Wharf  

where I used to work I've got like quite a nice  apartment here that I bought when I was working  

um and right now I'm writing a book so you know  I'm not working regular hours so I woke up quite  

late on Friday and I went I went over to the  kitchen over there I think we can see on this  

camera kitchen there and you know I wake up every  morning and I cook myself porridge for breakfast  

every day which is a promise I made to myself  when I quit the city and that's what I was doing  

so I was cooking my porridge on a Friday and  I had that I've got a TV this year and I was I  

was watching the budget um and I came over with my  porridge I sat here and I watched the budget and um  

so in the budget you probably are aware if you're  watching this video there was announced basically  

like a massive slashing of taxes for the richest  people the the big thing which is unexpected  

was they cut the 45 percent bracket which  applies only to people who are above 150 grand  

um I think it's important to realize like you hear  150 Grand you think that's cutting taxes on people  

150 Grand it's not if you're 150 Grand you are  unaffected by that even if you earned 200 Grand  

you're only saving not a huge amount of money  the people who save a huge amount of money from  

that tax cut people who earn sort of one million  two million pounds a year so it's it's a huge tax  

cut on people who earn millions of pounds a year  obviously in the context of people who know who  

watch this channel will know in the context of  in the last three years the largest and fastest  

ever increasing inequality in the history of the  country and you know I think outside of wartime  

the largest and fastest have a decrease in broader  living standards in the history of the country  

um and you know um people who watch the channel  will know like basically the main thing we talk  

about on the channel is is to try and get people  to understand that the fall in living standards  

is is connected to and ultimately caused by the  increasing inequality and understanding that when  

inequality increases that hurts ordinary standards  for living people for ordinary people um but not  

only that right you know the reason that I'm able  to live in this quite nice apartment is because  

I used to be a trader and I made a lot of money  after the 2008 crisis by basically betting that  

because we would have very high inequality and  because inequality wouldn't be fixed there would  

be a massive collapse in living standards and that  the economy would never recover so so you know my  

my history as an adult is basically a history  of predicting disasters for ordinary people on  

the basis of increasing inequality so when I was  sitting here on Friday and I watched the budget  

um and they're obviously announcing this  massive tax cuts for for very wealthy people  

um in the context of this cost of living  crisis where ordinary families increasingly  

are struggling to eat and to heat their  homes obviously straight away I recognise  

that that is going to cause a  massive fall in living standards

now that's going to cause a massive fall in living standards ordinary people, um 

and it was a strange experience right because obviously I'm here you know in this quite nice  

apartment you know and you know there's  a mortgage in this apartment but I could pay  

off if I wanted to and um you know materially   I have a very comfortable life and I'm sitting  

watching these tax cuts on on wealthy people &  you know I don't earn 150 Grand a year nowadays  

um but I'm not going to be one of the  people that gets hurt by these tax cuts um

and yeah it was very upsetting basically to watch

uh and it's just basically just a strange  experience you know because you know I'm  

here in East London close to Canary Wharf  but like very close to here there's a lot  

of families who are not rich and for them this  will cause this will mean that you know it's  

it's the, it's the mum doesn't eat so that the kids can eat you know and it's uh  

that's what's gonna happen because of this and um

when I went out to the balcony and there's  a nice little balcony here you can see I think 

this camera will catch you know, its a nice balcony and we have a nice view of the marina and we can

see Canary Wharf um and I was standing out on  this balcony um and am I in the right position now

um it's just this this sort of  bizarre surreal space you're in where  

I think most people still don't und erstand  the connection between inequality and  

and living conditions so, so in this budget  what the government did is it's something  

which in a way is quite clever because they cut  taxes a very small amount for ordinary people  

so so then if you're an ordinary person you're  looking at sort of this maybe an extra whatever  

50-100 quid a month tax cut from the government  and you know one of my good friends called me up  

his name's Jeremy he asked me about the  budget and then and he said you know I think  

people are going to be happy because they've  got this like 100 quid tax cut and you know  

I understand it because people were sitting  there struggling and they're like we need  

100 quid tax cut right but at the same time  they're cutting taxes for very very wealthy  

people by tens even hundreds of thousands  of pounds if their incomes are huge um and

you know I've been trying to make the case on  this channel for the last two years now you know  

I talk about it a lot but you know if you haven't  watched I would really recommend you watch the  

first video on this channel how Covid-19  is making it which get richer you know that  

was over two years ago now and since then I've  basically been trying to explain to people that

if the government gives a huge amount  of money to rich people it will make  

your life get worse primarily  because prices will go up and

you know during Covid the government over saw the biggest ever increase in inequality  

in the history of the country but people accepted  it because ordinary people had thought they had  

their finances protected but the reason they got  hurt is because if ordinary families got a grand  

Rich family's got a 100 grand and you know I've  been trying to explain to people if you allow that  

your lives will get worse and then I see the  government come out with this budget where they're  

giving ordinary families you know 50 quid of their  taxes and rich families 50 grand off their taxes  

and the fact that they think they can do that

the fact that they think they can do that  obviously means I haven't done my job well enough  

because they think people will accept it um and  if people understood that giving huge amounts  

of money to rich people makes ordinary people's  lives worse because prices go up they wouldn't  

accept it and it's my job to try and make sure  people understand that and enough people don't  

understand that that the government thinks they  can get away with things like this and because  

of that you know there's going to be another  massive increase in poverty in this country so

it's very important that people understand this  and I'm going to explain it again I'm going to try  

explaining it in a different way that hopefully  makes it clearer some people understand okay  

Money is NOT Resources - so money is not  food, money is not energy, money is not  

housing, money is not health care, okay if  the government gives everyone more money  

that doesn't mean there is more food, doesn't  mean there is more energy, that doesn't mean  

there is more housing, that doesn't mean there's  more health care, money is the asset that we use  

to determine who gets the real assets okay  that's what money is, it's it doesn't make you  

the society rich to have more money, money is  used to determine who gets the real assets okay  

so if the government gives you a £100 and the government gives the rich £100,000

you will have a hundred pounds or more cash and  you will get less real assets, you will get less food, 

less energy, less housing, less health care because money is about relative wealth

so when the government gives you a hundred  pounds to buy you off for giving the rich  

100 Grand or 50 Grand or whatever  the tax cut the rich gets

you have to understand what it means okay  you have to have a focus on the distribution  

and when something like Covid happens where  the government gives loads of money out but  

the people who end up richer are the rich you  have more money and less resources money is  

fundamentally a competitive resource if you  get a bit more money and the rich get a lot  

more money you will become poorer you will  get less housing less energy less food less  

health care less everything that is the way money  works it's a fundamentally competitive resource  

um you know I'm going to say again and  again because if you don't understand this  

and if ordinary people and ordinary families who  are the people who get hurt don't understand this  

then you create a situation where the government  which is increasingly run by multi-millionaires  

can give you 100 quid and can give their class  and their rich mates a 100 grand each and if  

you are happy with that 100 quid while they  get 100 grand then you and your family and  

your communities will get poorer and poorer and  poorer whilst you are getting these hundred quids  

so you need to step back from just saying okay  the government gave me 100 quid and have a broad  

understanding of what is happening with the  distribution here um and you need to understand  

that that quite simply this this idea that if we  give the rich a ton of money it's going to improve  

the economy and make your life a better it it's  quite frankly bullsh*t and the reason why I'm able  

to live in this luxury apartment and and I don't  have to pay a mortgage on it and the reason why I  

haven't had to work a job for 7-8 years is because  I've bet for years and years that that's bullsh*t

if you allow inequality to blow up those  rich people are not going to use that money  

to improve the economy they're going to use that  money to buy your mom's houses and they're going  

to give that money to their kids so that when  your kids go with their 50-60 grand deposit  

to try and buy a house their kids have got 300  grand deposits and your kids won't get the house  

money is a competitive resource and if the  government is giving absolutely tons of it to  

the rich whilst they're giving bits of it to you  you and your family and your community are getting  

poorer and um that is the key message I basically  want you to get from this video okay because  

the government did that because they think they can get away with it and 

the government thinks they can get away with it because they think you don't understand that  

and they think they can give you 100 quid off  your taxes and they can give millionaires 

£100,000 of their taxes and they think you'll be  sitting there happy with the £100 don't be happy

with your 100 quid understand that the  government is giving the rich a ton of money  

and that money will make you poorer  because it will make the prices go  

up faster than your bank balance goes  up and faster than your wages go up  

okay so that's the most important thing I want  you to understand um and now we're gonna get into  

what happened after that because um what happened  after that was quite crazy and quite interesting  

which was so the government traditionally  historically when government make spending  

promises or... this is kind of a spending promise  because they're cutting taxation so they're  

getting less money in, if they're getting... they need to balance their budget historically  

okay so so in Covid the government didn't balance  their budget and they just printed and gave out a  

ton of money and it led to this dynamic that  I spoke about where ordinary families may be  

accumulated like a grand or two grand savings if  they committed any many didn't and rich families  

accumulated honestly hundreds of thousands  of pounds huge amounts and that that led to   

in a sense of predictable consequences which is um ordinary families had more money but they've  

got less resources because money is the asset  we use to distribute resources you've got a  

bit more money they've got a load more money  so they get more resources and you get less  

um but they didn't balance their budget but um because it was temporary  

uh markets allowed it and I think I think we  probably need to unpack what that means so  

this time round you know two things have happened  recently with returns, with respect to government  

finances which is 1.) they're spending a ton  of money to basically pay your energy bills  

and 2.) now they're massively cut taxes  for the richest, so both of these things  

mean that the government less money in more  money out so where does the money come from  

so this time around they can't print the money  and that is because money printing is determined  

by the bank of England the bank of England  is independent the government doesn't fully  

control the bank of England and this time around  the bank of England is arguably not willing to  

to print money to fund this because the bank of  England is worried that inflation is already high  

and it doesn't want inflation to go higher um so  that means that they try to borrow money instead  

um and as I speak about a lot in the channel um in  the last few years wealthy people have accumulated  

a lot of money so there's a lot of money to be  borrowed so the government essentially goes to  

wealthy people and says can we borrow the money  um in reality what they they go to financial  

markets and it's Traders people like me I used  to be a Trader who basically determined are we  

going to lend your money to the government or the  wealthy people's money to the government or not  

um and the Traders look at the government and  they say okay well you know we're not in a one  

of emergency anymore we're not in Covid anymore  um and yet even now in these normal times you are  

you know running a massive deficit spending  much more than you get in basically so that  

you can give the rich massive tax cuts and they're looking at that and they're saying  

well how are you how are you ever  going to pay that back? basically um 

and you know I wouldn't lend my money to the British government at the moment because they  

it doesn't seem like they have a plan basically  to pay it back and you know the government are  

saying it's going to cause massive growth  nobody believes that, I'd be surprised if  

even the government believes that you know, if  giving money to the rich caused massive growth  

then we would be a f*cking rich country because we  would be growing to the moon because we've given  

so much money for the rich in the last three years  and has it caused a boom economy it looks to me  

like it scores a disastrous economy and I think I don't know whether Liz Truss and Quasi Quartang 

believe it but nobody... I don't think anybody  seriously believes it um so they're looking  

at the government and they're saying okay well  you're borrowing, you want to borrow all this money  

to give it to the rich your economy is not gonna  to grow so how are you going to pay it back?  

um uh historically you know in times when  governments have borrowed huge amounts of  

money like for example the the world wars - 1st World War, 2nd World War uh the way that they've  

paid it back is essentially through inflation so  it's a bit complicated but you know if we have  

huge amounts of inflation then all the prices  go up the debt stays the same size it becomes  

easier to pay back because all the price of  everything has gone up so tax receipts will go up  

so I think markets are thinking well maybe there's going to be a big inflation to pay it back  

um the other thing is that this well so because  markets are scared of this inflation they start  

to sell the British pound right because if prices  are going to go up then pounds are going to be  

worth less right you know if if all the prices are  really high then pounds are not really valuable in  

the shops okay so they sell the British pound then  the Bank of England looks at that and says well if  

the pound is collapsing all of our Imports will  cost more, energy will cost more because  

our money is worth less so there's going to be  more inflation so in response the central bank  

will almost certainly hike interest rates  massively um because they're worried about  

inflation and that's the bank of England's job  is to manage inflation um so then Traders said  

okay well if the central bank is offering very  high interest rates why am I gonna I'm not going  

to lend to the government unless I get very high  interest rates so very quickly traders started to  

demand very high levels of interest from the  government um and and in fact interest rates  

broadly rose in all kinds of products um  most importantly mortgages and that's because

financial markets and the Central Bank think  this government's policy will be inflationary  

which I agree I think it will be  so they're raising interest rates  

um so lenders/traders demand higher interest  rates because they can get higher interest rates  

um this caused basically a panic in the market  

um we could get into the details um pension  funds uh lend a lot of money to the government  

sometimes they even borrow money and lend it to  the government to try and make a little bit extra  

bang for their buck um but suddenly the value of  these government loans is plummeting because they  

lent the government at zero percent or one percent  for the last 15 years the amount of interest you  

get from the government has been very low and  now these guys are sitting on these very low  

interest loans which is actually going through the  roof nobody wants these very low interest loans  

anymore they start to collapse and then Pension  funds who borrowed money to buy these assets  

which who's price is collapsing suddenly they look like they might blow up um and the end result is that  

the the bank of England had to come in and  was basically forced to come in and support

the government and and buy government bonds which  essentially means lend money to the government  

um but really what is the most important upshot  of this the most important upshot of this is

because of this crazy policy which  will massively increase inequality  

which will increase in inflation  inflation and make your life worse

inflation will rise which  means interest rates will rise  

um and interest rates are expected now by the  market to rise very very quickly you know the bank  

of England base rate, the markets think it will  go to six percent even higher which means that  

mortgages could well go to sort of seven or eight  percent um that'll be a disaster for the country  

um there might be some people who say okay well  back in the 80s interest rates for 10 however  

you know back in the 80s house houses cost I don't  know 40 Grand you know now houses cost 700 Grand  

so you know you might be able to afford eight  percent or ten percent mortgage on 40 Grand  

not many people can afford that on 700-800 Grand  which is you know not an uncommon mortgage size  

in London and even outside of London there are  plenty of people sitting on 200,300,400 mortgages  

um and if interest rates go up according to what  um financial markets and traders currently think  

they will because of this government budget then  when your mortgage if you have a mortgage um  

when the fixed term expires your interest payment  could well treble which means in the case of many  

families an extra cost of quite quite easily  in many cases up to a thousand pounds a month  

um for millions of families across the  country you know that is in a context of  

rising energy bills, rising food bills, massively  increasing inequality, massively increasing  

wealth of the richest which means probably  significantly higher inflation going forward um

I cannot describe how bad this will be and if  I'm being completely honest when I watch the  

budget on Friday I went I went to lunch there's  a little Italian restaurant down here I go to and  

I was thinking I was getting a lot of people  tweeting me saying what you know what you're  

gonna say about it and um it was the first time  I've ever thought since I started this channel  

maybe it's better that I don't make a video

and the reason I thought that and I'm not  saying that's the right thing to think but it's  

um the consequence of this will be so bad  for the country and for ordinary families  

and for ordinary living conditions and for  you know poverty and rates of poverty um  

that I honestly thought maybe  it's just better people don't know  

um because you know I have been pessimistic  about the economy for a long time that's  

that's how I made my money um and you know I  was pessimistic since the beginning of covid  

um and we make a lot of pessimistic videos on  the channel they're often not the most positive  

and I feel like it's hard you know I've I've been  betting on bad things happening for a long long  

time and I've been watching them happen um and  it's some I'm a wealthy person and it's not me  

that gets hit but it's still sometimes difficult  for me personally you know I've been an economist  

for for nearly 20 years now and and every day I  look at the markets and I speak to economists and  

I try and understand what's happening I try  and understand what's going to happen and I  

try and be right and I think it's very important  that people try to be right I try to understand  

and you know my honest analysis is that things  are going to be really really terrible now and  

you know I've been thinking that for a long time  but never to the extreme situations we're in now  

and you know for the last 10 years and sort of  carrying this things are going to get worse things  

are going to get worse it's not easy to know that  things are going to get worse even if you're a  

rich person you're not I didn't come from a rich  background and it's it's people who are just like  

me and like my family who are going to be hurt  um and I have to carry that around and it's fine  

I'm used to it but sometimes I just wonder  if it's right to if it's right to share that  

information because it's bad and because it's  not something that makes people happy to hear  

um so I thought about not making this  video um and just taking a bit of time away  

but at the same time you know I said it earlier  on in this video this can only happen because  

people like me have not succeeded in explaining  well enough and clearly enough to ordinary people  

that if the government gives you 100 quid and  gives the rich 100 Grand that makes you poorer  

um and this is only possible because people  don't understand that so I can't simultaneously  

sit there and say this is happening because  people like me are not doing our job well enough

and not make this video um yeah I think  it's not difficult to make things back  

um you know if we want to make  things better all we have to do is  

be serious about measuring the  distribution and inequality of wealth  

um be serious about how can we reduce that be  serious about how can we change our tax system so  

that wealth flows from the very rich to ordinary  families how can we make ordinary families richer  

um so that when policies come in like the  economic management of Covid or like this  

budget there's a there's a thorough analysis both from professionals and from ordinary people  

saying what's this do for inequality and we  start you know really aggressively pushing for  

policies that make make the wealth distribution  more equal rather than less equal and I think

you know in the last few days I've  had a lot of messages from people who  

I don't normally get messages from  who are worried and the reason for that is  

the people who are going to get hit here of course  ordinary people are going to get hit badly but a  

lot of people have quite big mortgages are  going to get hit quite badly and a lot of  

people who have quite big mortgages are not from poor  backgrounds a lot of sort of wealthy middle class  

people have quite big mortgages um and they're  messaging me saying what can we do about this and

you know there's people who work in the media who are  messaging me people who work in politics messaging me 

and what this makes me sort of realise is  look wealthier people have have this sense of  

politics is suddenly moving in a way that's  going to hit me how can we sort of move  

against it and I think because of that you  probably see a lot of pushback in the media  

you'll probably see even see a pushback from  conservative politicians because they and  

their families and their communities are going  to be hit by this problem with mortgages and um  

firstly that creates a big opportunity because  you know up till now the people who've been hurt  

have been you know largely poorer people  but the group of people who are being hit  

is widening to including people are not that poor  which means we have this opportunity to create a  

kind of a coalition alliance between poor people  and people who are not poor but are not super  

rich and maybe are more powerful and if we work  together we can force the government to go to go  

back on this um and actually there's a very good  chance the government will be forced to go back  

on this because if those mortgage rates rise the  way that I think mortgage rates are going to rise

it will be an economic disaster in the country  you know you know these these families don't  

often don't have the money to pay those trebled mortgage rates so you know they have to sell their  

homes you know um young people who have been you  know I've got friends who save up every penny you  

know sleep on their mum's sofas to save up 70 80  grand to buy to buy a house as a housing deposit  

and now suddenly because the mortgage rates they're  gonna need three times the deposit and they'll never  

get the home so it'll be a disaster um and I think  because of the extremity of the situation there's  

a good chance the government will be forced to  row it back um but what it shows is this also  

shows to me that sort of richer people have this  sense of how can we protect ourselves as a group  

um and as somebody who came from a  poor background that now works in a  

space with a lot of richer people  I worry that ordinary people who

often find life financially difficult are so busy  in a day-to-day grind that they don't realize  

how important it is that they also as a group  collectively protect their political position  

um because unfortunately the reality is if  you know people in poorer and more average  

financial positions don't collectively  protect their financial position you reach  

this space where governments you know I think  Liz Truss is worth eight million pounds um

can bring in these policies that make you  massively poorer um and they can try and  

convince you that it makes you richer and you need  to reject that you need to push back against that  

but you also need to reach out to people in your  communities, your families, your friendship groups  

educate them about what's happening and you know  I say it again and again please share these videos  

and you know I'm not just doing this to get  famous on YouTube like you know I used to  

get paid more than a million pounds a year you  know if I wanted to make money I would have  

stayed there you know I do this because I don't  want this disaster to happen I don't want it to  

get worse and if we don't take action it will  get worse um and the way that we stop this is  

by ordinary people you know people in ordinary financial situations understanding we are going  

to get f*cked over here unless we start to work  together as a group to protect our interests um

and I would encourage you to educate yourself  watch the video share this channel you know if  

you have you know wherever it is that you you  go you go to football you go to church you go  

to mosque you know you go to play bingo tell the  people around you look this is not temporary this  

is getting worse and it will keep getting worse  unless we take action we need to understand and  

we need to push back in whatever way we can and  you know you're not completely powerless you know  

if you refuse to vote for anyone who didn't  promise you explicitly we are going to bring  

wealth inequality down we are going to start  transferring wealth from the rich to ordinary  

people then they would have to give you that  they would have to give you that because these  

guys need your vote and I know you know the vote  is just one thing it's there's other things you  

can do you can do community organising you can do  community education, you can amplify my message  

um but you need to do that you need to do  that and I know things are hard and I know  

like when it's when you're struggling sometimes  just to pay the mortgage which is increasingly  

going to be a problem it's difficult  to sort of try and take that time to  

do that education and community building but  um if you don't do that this keeps happening  

and this is not a temporary thing this is not like  a like a bounce that you come back from this will  

keep getting worse unless we take action um so  yeah I think that's basically I think we're done  

I think that's covered everything I wanted to  say we oh I suppose I should just sort of say  

um I would love to do more I would love to  make more videos and I would love to answer  

more of the questions I get and we will keep doing  videos we'll keep doing more videos but you know  

I am aware that the level of size the channel is  now and it's growing but at the level of size  

the channel is now like I'm limited in the  power that I can like what I can achieve so  

um so I'm working also to grow the channel  um you know recently I got a book deal with  

penguin and hopefully that's going to give like  us a good chance to grow but it means also that  

I need to take a lot of time basically writing  the book um so like you know I'm not going to  

be able to do it by myself you know and I don't  expect you to do it by yourself either like we  

only make things better as as a group and you  know I'm going to keep working I'm going to  

keep doing everything I can but um yeah you  need to do something too and you know you

if you don't have anything else just share this  video send it to your friends because the bigger  

my voice is you know I remember back when Rishi  Sunak was chancellor I used to go at him a lot and  

you know I think people thought it was a joke but  I did that because I thought if we bring this guy  

up personally he's a billionaire he's super rich  then it would be difficult for him politically  

as Chancellor to raise tax on ordinary people and  I I worked quite hard to do that because I don't  

want him to raise your taxes and I don't want  him to cut taxes on the rich but then you see  

very quickly he's got a new Chancellor and then it  happens so we need to build our power and I need  

to build my power and I need to build my voice so  you know it sounds selfish but but this is not the  

only thing you can do but I need you to share this  message so that I can be bigger so that I can try  

and do what I can to stop this and it's not just me there's other people doing it this Tax Justice UK 

there's Patriotic Millionaires there's loads of  people and if you want you can go and you can  

support them and you can donate to them you know  I'm not taking donations I don't need donations  

but share the message help me grow um and and you  know educate your friends educate your family and  

um and insist you know demand that wealth  inequality comes down it's not it's not like  

a cold hard fact you know inequality doesn't  always get worse it can get better as well and  

but if we don't make that happen then it will be  life that gets worse instead so I'm sorry that's  

not a positive message um we're gonna do more  shorter videos I know this is a very long video  

but I felt like I deserved that length um so yeah  lastly just things are going to get harder and I'm  

very aware that it's not me that will take that  hurt and I know that in many cases it will be you  

um and I'm sorry about that but we're gonna try  

let's make things better so good luck and  share the video and subscribe thank you

*are you okay?* yeah I'm all right