love<00:00:03.439> island<00:00:03.919> for<00:00:04.160> geopolitics<00:00:05.200> the<00:00:05.359> leaders

love island for geopolitics the leaders

love island for geopolitics the leaders of<00:00:05.839> the<00:00:06.000> world's<00:00:06.399> richest<00:00:06.799> nations<00:00:07.200> have

of the world's richest nations have

of the world's richest nations have arrived<00:00:07.759> the<00:00:07.839> first<00:00:08.240> face-to-face<00:00:08.880> summit

arrived the first face-to-face summit

arrived the first face-to-face summit since<00:00:09.599> the<00:00:09.679> pandemic<00:00:10.160> began<00:00:10.800> are<00:00:11.040> you

since the pandemic began are you

since the pandemic began are you supposed<00:00:11.519> to<00:00:11.599> be<00:00:11.759> looking<00:00:12.080> at<00:00:12.320> as<00:00:12.559> if<00:00:12.639> you're

supposed to be looking at as if you're

supposed to be looking at as if you're enjoying<00:00:13.759> yes

enjoying yes

enjoying yes [Music]

[Music]

[Music] it<00:00:24.400> is<00:00:24.720> vital

it is vital

it is vital that<00:00:26.080> we<00:00:26.240> don't<00:00:26.400> repeat<00:00:26.800> the<00:00:27.359> mistake<00:00:27.840> of<00:00:28.000> the

that we don't repeat the mistake of the

that we don't repeat the mistake of the last<00:00:28.720> green<00:00:29.519> crisis<00:00:30.000> last<00:00:30.240> great<00:00:30.480> economic

last green crisis last great economic

last green crisis last great economic recession<00:00:31.679> in<00:00:31.840> 2008<00:00:32.640> we<00:00:32.800> don't<00:00:32.960> repeat<00:00:33.440> the

recession in 2008 we don't repeat the

recession in 2008 we don't repeat the mistake<00:00:34.399> of<00:00:34.640> 2008.

the<00:00:44.320> crowd<00:00:44.719> are<00:00:44.879> attacking<00:00:45.440> a<00:00:45.520> branch<00:00:46.000> of<00:00:46.079> the

the crowd are attacking a branch of the

the crowd are attacking a branch of the rbs<00:00:46.800> band

rbs band

rbs band [Applause]

[Applause]

[Applause] our<00:00:49.680> society<00:00:50.320> is<00:00:50.480> still<00:00:51.039> scarred

our society is still scarred

our society is still scarred by<00:00:52.399> too<00:00:52.559> much<00:00:52.879> unfairness<00:00:53.600> and<00:00:53.760> inequality

by too much unfairness and inequality

by too much unfairness and inequality the<00:00:54.879> fat<00:00:55.280> cats<00:00:56.239> they<00:00:56.559> rob<00:00:57.199> all<00:00:57.600> money

the fat cats they rob all money

the fat cats they rob all money [Music]

i<00:01:08.799> still<00:01:08.960> ask<00:01:09.200> myself<00:01:09.520> what<00:01:09.760> else<00:01:10.400> you<00:01:10.479> know

i still ask myself what else you know

i still ask myself what else you know could<00:01:10.960> have<00:01:11.040> been<00:01:11.200> done<00:01:11.439> in<00:01:11.520> those<00:01:11.840> in<00:01:12.000> those

could have been done in those in those

could have been done in those in those circumstances<00:01:12.880> the<00:01:13.040> sense<00:01:13.280> of<00:01:13.439> anger<00:01:13.680> and

circumstances the sense of anger and

circumstances the sense of anger and alienation<00:01:14.799> that<00:01:15.040> wasn't<00:01:15.439> appearing<00:01:16.080> in<00:01:16.240> any

alienation that wasn't appearing in any

alienation that wasn't appearing in any of<00:01:16.560> this<00:01:16.799> consensus<00:01:17.680> was<00:01:17.920> there<00:01:18.640> on<00:01:18.720> the

of this consensus was there on the

of this consensus was there on the streets<00:01:19.360> what<00:01:19.520> i<00:01:19.600> wanted<00:01:19.920> to<00:01:20.000> do<00:01:20.159> was<00:01:20.479> use<00:01:20.880> the

streets what i wanted to do was use the

streets what i wanted to do was use the political<00:01:21.920> honeymoon<00:01:22.479> that<00:01:22.640> you<00:01:22.799> get<00:01:23.040> after

political honeymoon that you get after

political honeymoon that you get after an<00:01:23.439> election<00:01:23.840> to<00:01:24.000> do<00:01:24.240> the<00:01:24.400> hard<00:01:24.720> stuff<00:01:25.119> george

an election to do the hard stuff george

an election to do the hard stuff george osborne<00:01:25.920> needs<00:01:26.159> to<00:01:26.720> stop<00:01:27.040> drinking<00:01:27.439> the

osborne needs to stop drinking the

osborne needs to stop drinking the kool-aid<00:01:28.159> he<00:01:28.320> got<00:01:28.560> it<00:01:28.960> wrong

the<00:01:32.799> government<00:01:33.119> just<00:01:33.360> poured<00:01:33.759> enormous

the government just poured enormous

the government just poured enormous quantities<00:01:34.640> of<00:01:34.720> money<00:01:34.960> into<00:01:35.200> the<00:01:35.280> system

quantities of money into the system

quantities of money into the system those<00:01:36.000> of<00:01:36.079> us<00:01:36.240> in<00:01:36.320> private<00:01:36.640> equity<00:01:37.360> got

those of us in private equity got

those of us in private equity got incredibly<00:01:38.159> wealthy<00:01:38.720> in<00:01:39.119> one<00:01:39.840> day<00:01:40.159> basically

incredibly wealthy in one day basically

incredibly wealthy in one day basically i've<00:01:41.840> made<00:01:42.079> as<00:01:42.240> much<00:01:42.399> money<00:01:42.560> as<00:01:42.640> my<00:01:42.799> dad<00:01:42.960> made

i've made as much money as my dad made

i've made as much money as my dad made in<00:01:43.200> his<00:01:43.280> whole<00:01:43.439> career<00:01:43.680> and<00:01:43.840> it<00:01:43.920> just<00:01:44.079> was

in his whole career and it just was

in his whole career and it just was owners<00:01:46.000> of<00:01:46.159> assets<00:01:46.479> have<00:01:46.960> all<00:01:47.119> made<00:01:47.360> out<00:01:47.520> like

owners of assets have all made out like

owners of assets have all made out like bandits

those<00:02:00.159> at<00:02:00.320> the<00:02:00.399> top<00:02:00.880> have<00:02:01.040> never<00:02:01.280> done<00:02:01.520> better

those at the top have never done better

those at the top have never done better but<00:02:02.640> average<00:02:03.119> wages<00:02:03.680> have<00:02:03.920> barely<00:02:04.320> butched

but average wages have barely butched

but average wages have barely butched this<00:02:05.200> was<00:02:05.439> us<00:02:05.600> saying<00:02:05.920> actually<00:02:06.240> didn't<00:02:06.479> look

this was us saying actually didn't look

this was us saying actually didn't look after<00:02:06.960> us<00:02:07.119> you<00:02:07.200> neglected<00:02:07.759> us<00:02:08.080> you<00:02:08.239> treated<00:02:08.640> us

after us you neglected us you treated us

after us you neglected us you treated us badly<00:02:09.440> and<00:02:09.599> here<00:02:09.759> we<00:02:10.000> are<00:02:10.399> the<00:02:10.560> big<00:02:10.800> winners<00:02:11.599> of

badly and here we are the big winners of

badly and here we are the big winners of the<00:02:11.840> last<00:02:12.160> 10<00:02:12.400> to<00:02:12.560> 12<00:02:12.800> years<00:02:13.360> um<00:02:13.760> have<00:02:14.000> been

the last 10 to 12 years um have been

the last 10 to 12 years um have been those<00:02:14.400> at<00:02:14.480> the<00:02:14.640> top<00:02:15.040> it's<00:02:15.200> a<00:02:15.360> very<00:02:15.599> simple

those at the top it's a very simple

those at the top it's a very simple story<00:02:16.319> the<00:02:16.400> fact<00:02:16.560> that<00:02:16.640> we've<00:02:16.800> got<00:02:16.959> nurses

story the fact that we've got nurses

story the fact that we've got nurses going<00:02:17.680> to<00:02:17.840> food<00:02:18.440> banks<00:02:19.520> multinationals<00:02:20.640> we've

going to food banks multinationals we've

going to food banks multinationals we've bought<00:02:21.120> against<00:02:21.520> big<00:02:21.760> politics

bought against big politics

bought against big politics [Applause]

[Applause]

[Applause] people<00:02:24.160> felt

people felt

people felt you<00:02:25.120> know<00:02:25.280> we'd<00:02:25.520> been<00:02:25.760> told<00:02:26.080> that<00:02:26.160> we<00:02:26.319> should

you know we'd been told that we should

you know we'd been told that we should accept<00:02:26.879> the<00:02:27.040> discipline<00:02:27.520> of<00:02:27.599> a<00:02:27.680> market

accept the discipline of a market

accept the discipline of a market economy

economy

economy and<00:02:29.599> it<00:02:29.680> wasn't<00:02:30.000> being<00:02:30.239> applied<00:02:30.560> to<00:02:30.720> the<00:02:30.879> elite

and it wasn't being applied to the elite

and it wasn't being applied to the elite there's<00:02:31.760> one<00:02:32.080> rule<00:02:32.480> for<00:02:32.640> the<00:02:32.800> rest<00:02:33.040> of<00:02:33.200> us<00:02:33.760> but

there's one rule for the rest of us but

there's one rule for the rest of us but a<00:02:34.080> different<00:02:34.480> rule<00:02:34.959> for<00:02:35.120> the<00:02:35.280> elite

we<00:03:01.840> had<00:03:02.000> what<00:03:02.159> is<00:03:02.239> called<00:03:02.400> the<00:03:02.560> traders<00:03:03.120> off

we had what is called the traders off

we had what is called the traders off site<00:03:03.840> which<00:03:04.080> is<00:03:04.159> where<00:03:04.400> all<00:03:04.480> the<00:03:04.640> traders<00:03:04.959> in

site which is where all the traders in

site which is where all the traders in the<00:03:05.120> world<00:03:05.360> get<00:03:05.519> together<00:03:06.480> have<00:03:06.640> a<00:03:06.720> bit<00:03:06.879> of<00:03:06.959> a

the world get together have a bit of a

the world get together have a bit of a jolly<00:03:07.360> up<00:03:07.519> and<00:03:07.599> talk<00:03:07.840> about<00:03:08.000> like<00:03:08.159> what<00:03:08.319> we're

jolly up and talk about like what we're

jolly up and talk about like what we're going<00:03:08.480> to<00:03:08.560> do<00:03:08.720> that<00:03:08.879> year<00:03:09.519> um<00:03:10.080> and

going to do that year um and

going to do that year um and that<00:03:11.200> year<00:03:11.599> early<00:03:11.840> 2011<00:03:12.800> it<00:03:12.879> was<00:03:13.120> held<00:03:13.680> in<00:03:13.760> a

that year early 2011 it was held in a

that year early 2011 it was held in a country<00:03:14.080> manner<00:03:14.400> and<00:03:14.480> i<00:03:14.560> think<00:03:14.800> hertfordshire

country manner and i think hertfordshire

country manner and i think hertfordshire when<00:03:16.159> we<00:03:16.319> went<00:03:16.560> in

when we went in

when we went in i<00:03:17.519> couldn't<00:03:17.760> believe<00:03:18.159> it<00:03:18.239> they<00:03:18.400> gave<00:03:18.640> us<00:03:18.879> um

i couldn't believe it they gave us um

i couldn't believe it they gave us um and<00:03:19.840> they<00:03:19.920> gave<00:03:20.159> us<00:03:20.319> these<00:03:20.560> hats<00:03:21.200> these<00:03:21.440> hats

and they gave us these hats these hats

and they gave us these hats these hats here

here

here stand<00:03:23.120> on<00:03:23.200> the<00:03:23.360> front<00:03:24.080> go<00:03:24.319> big<00:03:24.480> or<00:03:24.640> go<00:03:24.799> home

stand on the front go big or go home

stand on the front go big or go home and<00:03:26.560> the<00:03:26.879> the<00:03:27.040> idea<00:03:27.280> behind<00:03:27.599> this<00:03:27.920> is

and the the idea behind this is

and the the idea behind this is if<00:03:29.200> you're<00:03:29.280> willing<00:03:29.519> to<00:03:29.599> take<00:03:29.840> a<00:03:30.000> bet<00:03:30.560> in

if you're willing to take a bet in

if you're willing to take a bet in one<00:03:31.760> million<00:03:32.000> dollars<00:03:32.799> take<00:03:33.040> it<00:03:33.120> in<00:03:33.200> 10

one million dollars take it in 10

one million dollars take it in 10 million<00:03:33.599> dollars<00:03:34.080> if<00:03:34.159> you<00:03:34.480> if<00:03:34.640> you<00:03:34.720> back

million dollars if you if you back

million dollars if you if you back yourself<00:03:35.120> in<00:03:35.200> one<00:03:35.360> million<00:03:35.519> dollars<00:03:35.760> do<00:03:35.920> it

yourself in one million dollars do it

yourself in one million dollars do it intent<00:03:36.799> telling<00:03:37.040> us<00:03:37.200> all<00:03:37.360> right<00:03:37.920> take<00:03:38.159> way

intent telling us all right take way

intent telling us all right take way more<00:03:38.640> risk<00:03:39.200> and<00:03:39.440> um

more risk and um

more risk and um i<00:03:40.879> couldn't<00:03:41.200> believe<00:03:41.599> it<00:03:41.680> right<00:03:42.000> okay<00:03:42.480> because

i couldn't believe it right okay because

i couldn't believe it right okay because it's<00:03:42.959> only<00:03:43.519> two<00:03:43.680> years<00:03:43.920> after<00:03:44.319> we<00:03:44.799> the<00:03:44.959> bank

it's only two years after we the bank

it's only two years after we the bank basically<00:03:46.000> brought<00:03:46.159> the<00:03:46.239> world<00:03:46.480> economy<00:03:46.959> to

basically brought the world economy to

basically brought the world economy to its<00:03:47.280> knees<00:03:47.760> by<00:03:48.000> taking<00:03:48.239> too<00:03:48.400> much<00:03:48.560> risk

its knees by taking too much risk

its knees by taking too much risk their<00:03:49.760> incentivizers<00:03:50.400> to<00:03:50.640> take<00:03:50.799> a<00:03:50.799> load<00:03:50.959> of

their incentivizers to take a load of

their incentivizers to take a load of risk<00:03:51.200> and<00:03:51.280> they<00:03:51.360> know<00:03:51.519> if<00:03:51.599> it<00:03:51.680> doesn't<00:03:51.840> work

risk and they know if it doesn't work

risk and they know if it doesn't work out<00:03:52.319> they're<00:03:52.720> already<00:03:52.879> millionaires<00:03:53.519> they're

out they're already millionaires they're

out they're already millionaires they're not<00:03:53.840> going<00:03:53.920> to<00:03:54.000> lose<00:03:54.239> out<00:03:54.720> you<00:03:54.799> know<00:03:54.959> they

not going to lose out you know they

not going to lose out you know they might<00:03:55.200> get<00:03:55.280> a<00:03:55.360> bailout<00:03:55.680> anyway<00:03:56.480> so<00:03:56.640> they<00:03:56.799> just

might get a bailout anyway so they just

might get a bailout anyway so they just want<00:03:57.280> us<00:03:57.360> to<00:03:57.760> take<00:03:58.000> a<00:03:58.400> ton<00:03:58.560> of<00:03:58.640> risk<00:03:58.959> and<00:03:59.120> oh

want us to take a ton of risk and oh

want us to take a ton of risk and oh yeah<00:04:00.319> i've<00:04:00.480> never<00:04:00.720> claimed<00:04:00.959> to<00:04:01.120> be<00:04:01.280> like<00:04:01.519> a

yeah i've never claimed to be like a

yeah i've never claimed to be like a great<00:04:01.920> sort<00:04:02.159> of

great sort of

great sort of moral<00:04:03.200> philosopher<00:04:03.920> but<00:04:04.319> this<00:04:04.560> is<00:04:04.959> it's

moral philosopher but this is it's

moral philosopher but this is it's taking<00:04:05.360> the<00:04:05.439> piss<00:04:05.599> to<00:04:05.760> be<00:04:05.840> honest<00:04:06.080> isn't<00:04:06.239> it

taking the piss to be honest isn't it

taking the piss to be honest isn't it really<00:04:06.879> i<00:04:07.040> mean<00:04:07.200> i<00:04:07.360> took<00:04:07.680> massive<00:04:08.000> amounts<00:04:08.319> of

really i mean i took massive amounts of

really i mean i took massive amounts of risk<00:04:08.879> as<00:04:09.040> a<00:04:09.120> very<00:04:09.360> young<00:04:09.599> trader<00:04:10.400> and<00:04:10.640> because

risk as a very young trader and because

risk as a very young trader and because i<00:04:10.959> was<00:04:11.120> making<00:04:11.360> money<00:04:11.599> nobody<00:04:12.000> really

i was making money nobody really

i was making money nobody really questioned<00:04:12.640> it<00:04:13.280> um

questioned it um

questioned it um risks

risks

risks risk<00:04:15.599> management<00:04:16.000> got<00:04:16.160> a<00:04:16.239> little<00:04:16.400> bit<00:04:16.560> tighter

risk management got a little bit tighter

risk management got a little bit tighter as<00:04:17.120> i<00:04:17.199> got<00:04:17.519> as<00:04:17.680> i<00:04:17.759> got<00:04:17.919> a<00:04:18.000> bit<00:04:18.160> older<00:04:18.720> so<00:04:18.880> the

as i got as i got a bit older so the

as i got as i got a bit older so the incentivization<00:04:19.759> on<00:04:19.840> traders<00:04:20.239> is<00:04:20.320> not<00:04:20.479> to

incentivization on traders is not to

incentivization on traders is not to like<00:04:21.280> take<00:04:21.680> massive<00:04:22.000> bets<00:04:22.240> and<00:04:22.400> win<00:04:23.040> traders

like take massive bets and win traders

like take massive bets and win traders now<00:04:23.600> have<00:04:23.840> massive<00:04:24.160> salaries<00:04:24.800> and<00:04:24.880> not<00:04:25.120> big

now have massive salaries and not big

now have massive salaries and not big bonuses

so

[Music]

[Music]

[Music]

[Music] i<00:04:47.759> wanted<00:04:48.000> to<00:04:48.160> understand<00:04:48.720> why

i wanted to understand why

i wanted to understand why this<00:04:50.000> recovery<00:04:50.880> wasn't<00:04:51.280> happening

this recovery wasn't happening

this recovery wasn't happening and<00:04:53.040> i<00:04:53.199> started<00:04:53.520> to<00:04:53.600> think<00:04:53.840> well

and i started to think well

and i started to think well these<00:04:55.520> rich<00:04:55.759> people<00:04:56.000> are<00:04:56.080> not<00:04:56.240> going<00:04:56.400> to<00:04:56.479> boost

these rich people are not going to boost

these rich people are not going to boost the<00:04:56.800> economy<00:04:57.120> because<00:04:57.280> they<00:04:57.440> get<00:04:57.520> the<00:04:57.600> money

the economy because they get the money

the economy because they get the money or<00:04:57.919> they're<00:04:58.080> doing<00:04:58.240> is<00:04:58.400> buying<00:04:58.639> houses<00:04:59.120> buying

or they're doing is buying houses buying

or they're doing is buying houses buying stocks<00:04:59.600> and<00:04:59.759> chairs

stocks and chairs

stocks and chairs so<00:05:01.199> what's<00:05:01.440> probably<00:05:01.680> going<00:05:01.759> to<00:05:01.840> happen<00:05:02.080> is

so what's probably going to happen is

so what's probably going to happen is house<00:05:02.479> price<00:05:02.639> is<00:05:02.720> going<00:05:02.880> to<00:05:02.960> go<00:05:03.039> up<00:05:03.280> stock

house price is going to go up stock

house price is going to go up stock price<00:05:03.759> is<00:05:03.840> going<00:05:03.919> to<00:05:04.000> go<00:05:04.160> up<00:05:04.240> the<00:05:04.320> economy's

price is going to go up the economy's

price is going to go up the economy's not<00:05:04.800> going<00:05:04.880> to<00:05:04.960> recover<00:05:05.600> and<00:05:05.759> i<00:05:05.840> started<00:05:06.160> to

not going to recover and i started to

not going to recover and i started to bet<00:05:06.479> very<00:05:06.639> heavily

bet very heavily

bet very heavily that<00:05:08.080> actually<00:05:08.320> there<00:05:08.400> will<00:05:08.560> never<00:05:08.800> be<00:05:09.120> a

that actually there will never be a

that actually there will never be a recovery<00:05:09.840> on<00:05:09.919> the<00:05:10.000> back<00:05:10.240> of<00:05:10.320> this<00:05:10.479> bet<00:05:10.639> that

recovery on the back of this bet that

recovery on the back of this bet that there<00:05:10.880> will<00:05:11.039> never<00:05:11.199> be<00:05:11.280> an<00:05:11.360> economic<00:05:11.680> recovery

there will never be an economic recovery

there will never be an economic recovery i<00:05:12.720> became<00:05:13.120> citibank's

i became citibank's

i became citibank's globally<00:05:14.720> most<00:05:14.960> profitable<00:05:15.360> trader<00:05:15.680> in

globally most profitable trader in

globally most profitable trader in foreign<00:05:16.240> exchange<00:05:16.560> and<00:05:16.639> short-term<00:05:17.280> interest

foreign exchange and short-term interest

foreign exchange and short-term interest rates

rates

rates [Music]

house<00:05:26.800> prices<00:05:27.199> have<00:05:27.440> risen<00:05:27.759> by<00:05:27.919> an<00:05:28.080> average<00:05:28.400> of

house prices have risen by an average of

house prices have risen by an average of 8.4<00:05:29.120> percent<00:05:29.520> over<00:05:29.759> 2013

the<00:05:41.520> rich<00:05:41.759> are<00:05:41.840> obviously<00:05:42.160> winning

the rich are obviously winning

the rich are obviously winning poor<00:05:43.600> people<00:05:43.840> obviously<00:05:44.160> losing<00:05:44.720> but<00:05:44.880> there's

poor people obviously losing but there's

poor people obviously losing but there's this<00:05:45.199> real<00:05:45.440> problem<00:05:45.680> i<00:05:45.759> think<00:05:45.919> where<00:05:46.080> people

this real problem i think where people

this real problem i think where people in<00:05:46.320> the<00:05:46.400> middle<00:05:46.800> are<00:05:46.880> seeing<00:05:47.120> their<00:05:47.199> house

in the middle are seeing their house

in the middle are seeing their house prices<00:05:47.840> going<00:05:48.080> up

prices going up

prices going up they<00:05:49.039> think<00:05:49.199> they're<00:05:49.360> winning

they think they're winning

they think they're winning but<00:05:50.479> it's<00:05:51.120> gonna<00:05:51.360> cause<00:05:51.680> their<00:05:51.840> kids<00:05:52.080> and

but it's gonna cause their kids and

but it's gonna cause their kids and their<00:05:52.320> grandkids<00:05:52.800> to<00:05:52.960> not<00:05:53.360> have<00:05:53.759> homes

their grandkids to not have homes

their grandkids to not have homes to<00:05:54.800> live

to live

to live [Music]

[Music]

[Music] my<00:06:07.039> job<00:06:07.199> was<00:06:07.360> to<00:06:07.440> look<00:06:07.600> at<00:06:07.680> the<00:06:07.759> economy<00:06:08.560> and

my job was to look at the economy and

my job was to look at the economy and take<00:06:09.280> the<00:06:09.440> temperature<00:06:09.919> is<00:06:10.000> it<00:06:10.080> good<00:06:10.240> is<00:06:10.400> it

take the temperature is it good is it

take the temperature is it good is it bad<00:06:10.720> you<00:06:10.880> know<00:06:10.960> i<00:06:11.120> come<00:06:11.280> from<00:06:11.520> a<00:06:11.600> poor

bad you know i come from a poor

bad you know i come from a poor background<00:06:12.400> my<00:06:12.560> friends<00:06:12.800> come<00:06:12.960> from<00:06:13.120> poor

background my friends come from poor

background my friends come from poor backgrounds<00:06:13.680> my<00:06:13.840> family<00:06:14.080> comes<00:06:14.319> from<00:06:14.400> a<00:06:14.479> poor

backgrounds my family comes from a poor

backgrounds my family comes from a poor background<00:06:15.039> i<00:06:15.199> can<00:06:15.360> see<00:06:15.520> all<00:06:15.680> the<00:06:15.840> new<00:06:16.000> people

background i can see all the new people

background i can see all the new people are<00:06:16.240> being<00:06:16.479> affected

but<00:06:36.960> now<00:06:37.039> i'm<00:06:37.120> a<00:06:37.199> millionaire<00:06:37.680> right<00:06:37.919> and<00:06:38.000> i'm

but now i'm a millionaire right and i'm

but now i'm a millionaire right and i'm sitting<00:06:38.400> down<00:06:38.560> and<00:06:38.720> i'm<00:06:38.800> looking<00:06:39.039> at<00:06:39.120> the

sitting down and i'm looking at the

sitting down and i'm looking at the economy<00:06:40.160> and

economy and

economy and i'm<00:06:41.199> saying<00:06:41.520> what<00:06:41.759> i<00:06:41.840> think<00:06:42.000> is<00:06:42.080> going<00:06:42.160> to

i'm saying what i think is going to

i'm saying what i think is going to happen<00:06:42.960> i<00:06:43.120> think<00:06:43.360> it's<00:06:43.440> going<00:06:43.600> to<00:06:43.680> be<00:06:43.759> a

happen i think it's going to be a

happen i think it's going to be a disaster<00:06:44.240> i<00:06:44.319> think<00:06:44.479> it's<00:06:44.560> going<00:06:44.639> to<00:06:44.720> be

disaster i think it's going to be

disaster i think it's going to be rubbish<00:06:45.280> for<00:06:45.440> years<00:06:45.680> for<00:06:45.840> decades

rubbish for years for decades

rubbish for years for decades and<00:06:47.440> i<00:06:47.600> could<00:06:47.759> bet<00:06:47.919> on<00:06:48.000> that<00:06:48.160> again<00:06:48.560> and<00:06:48.720> i

and i could bet on that again and i

and i could bet on that again and i could<00:06:48.960> make<00:06:49.120> another<00:06:49.360> million<00:06:49.680> quid<00:06:50.319> again

could make another million quid again

could make another million quid again but<00:06:51.120> then<00:06:51.360> after<00:06:51.599> the<00:06:51.680> money<00:06:51.840> hit<00:06:52.000> the<00:06:52.080> bank<00:06:52.319> it

but then after the money hit the bank it

but then after the money hit the bank it just<00:06:52.560> didn't<00:06:52.800> feel<00:06:53.120> right<00:06:53.520> basically<00:06:54.160> anymore

just didn't feel right basically anymore

just didn't feel right basically anymore i<00:06:56.080> know<00:06:56.319> it<00:06:56.479> has<00:06:56.560> been<00:06:56.880> hard<00:06:57.199> for<00:06:57.360> families

i know it has been hard for families

i know it has been hard for families since<00:06:58.240> the<00:06:58.319> crash

since the crash

since the crash it's<00:06:59.840> not<00:07:00.000> a<00:07:00.160> case<00:07:00.639> of<00:07:00.880> not<00:07:01.120> understanding

it's not a case of not understanding

it's not a case of not understanding these<00:07:02.000> difficulties

these difficulties

these difficulties it's<00:07:03.360> a<00:07:03.440> case<00:07:03.680> of<00:07:03.840> being<00:07:04.000> honest<00:07:04.400> about<00:07:04.720> why

it's a case of being honest about why

it's a case of being honest about why things<00:07:05.280> are<00:07:05.360> difficult<00:07:05.919> so<00:07:06.160> here's<00:07:06.560> another

things are difficult so here's another

things are difficult so here's another hard<00:07:07.599> truth<00:07:08.240> welfare<00:07:08.880> cannot<00:07:09.280> be<00:07:09.520> protected

hard truth welfare cannot be protected

hard truth welfare cannot be protected from<00:07:10.319> further<00:07:10.800> substantial<00:07:11.520> cuts<00:07:11.840> i<00:07:11.919> thought

from further substantial cuts i thought

from further substantial cuts i thought all<00:07:12.319> right<00:07:12.639> the<00:07:12.800> problems<00:07:13.120> inequality

all right the problems inequality

all right the problems inequality we're<00:07:14.639> not<00:07:14.800> going<00:07:14.880> to<00:07:14.960> fix<00:07:15.280> it<00:07:16.319> i<00:07:16.479> started<00:07:16.720> to

we're not going to fix it i started to

we're not going to fix it i started to feel<00:07:17.120> like

feel like

feel like i<00:07:19.280> need<00:07:19.440> to<00:07:19.599> tell<00:07:20.000> someone<00:07:20.400> like<00:07:20.560> if<00:07:20.639> you<00:07:20.800> know

i need to tell someone like if you know

i need to tell someone like if you know a<00:07:21.120> disaster<00:07:21.599> is<00:07:21.680> going<00:07:21.759> to<00:07:21.840> happen<00:07:22.479> you<00:07:22.720> need

a disaster is going to happen you need

a disaster is going to happen you need to<00:07:23.440> say<00:07:23.759> something<00:07:24.160> right<00:07:24.400> you<00:07:24.479> know<00:07:24.560> what<00:07:24.639> i

to say something right you know what i

to say something right you know what i mean<00:07:24.880> like<00:07:25.039> if<00:07:25.120> you<00:07:25.199> know<00:07:25.360> your<00:07:25.520> neighbor's

mean like if you know your neighbor's

mean like if you know your neighbor's house<00:07:26.000> is<00:07:26.080> going<00:07:26.160> to<00:07:26.240> burn<00:07:26.479> down<00:07:27.039> you<00:07:27.199> don't

house is going to burn down you don't

house is going to burn down you don't bet<00:07:27.599> on<00:07:27.759> it<00:07:27.919> you<00:07:28.080> tell<00:07:28.319> them<00:07:28.479> right<00:07:28.880> and<00:07:28.960> then

bet on it you tell them right and then

bet on it you tell them right and then my<00:07:29.199> boss<00:07:29.440> called<00:07:29.599> me<00:07:29.680> in<00:07:29.759> for<00:07:29.919> like<00:07:30.080> half<00:07:30.319> in<00:07:30.479> a

my boss called me in for like half in a

my boss called me in for like half in a meeting<00:07:31.199> i<00:07:31.280> hadn't<00:07:31.520> really<00:07:31.759> planned<00:07:32.080> it<00:07:32.240> and<00:07:32.319> i

meeting i hadn't really planned it and i

meeting i hadn't really planned it and i just<00:07:32.560> said

just said

just said i<00:07:33.440> don't<00:07:33.520> think<00:07:33.680> i<00:07:33.759> can<00:07:33.840> do<00:07:34.000> this<00:07:34.160> anymore<00:07:34.400> i

i don't think i can do this anymore i

i don't think i can do this anymore i think<00:07:34.639> i<00:07:34.720> think<00:07:34.880> i<00:07:34.960> need<00:07:35.120> to<00:07:35.199> quit

[Music]

covid<00:07:51.280> worst<00:07:51.599> economic<00:07:52.000> crisis<00:07:52.319> since<00:07:52.560> the

covid worst economic crisis since the

covid worst economic crisis since the great<00:07:52.800> depression<00:07:53.199> basically

great depression basically

great depression basically stocks<00:07:55.360> gone<00:07:55.599> up<00:07:56.160> gone<00:07:56.400> up<00:07:56.639> the<00:07:56.800> government

stocks gone up gone up the government

stocks gone up gone up the government just<00:07:57.360> poured<00:07:57.759> enormous<00:07:58.319> quantities<00:07:58.639> of<00:07:58.720> money

just poured enormous quantities of money

just poured enormous quantities of money into<00:07:59.199> the<00:07:59.280> system<00:07:59.759> those<00:07:59.919> of<00:08:00.080> us<00:08:00.160> in<00:08:00.319> private

into the system those of us in private

into the system those of us in private equity<00:08:01.360> got<00:08:01.599> incredibly<00:08:02.080> wealthy<00:08:02.800> you<00:08:02.960> do<00:08:03.120> now

equity got incredibly wealthy you do now

equity got incredibly wealthy you do now have<00:08:04.160> uh<00:08:04.400> billionaires<00:08:05.360> launching<00:08:05.759> rockets

have uh billionaires launching rockets

have uh billionaires launching rockets into<00:08:06.400> space

when<00:08:21.120> you're<00:08:21.360> working<00:08:21.759> 70<00:08:22.160> hours<00:08:22.479> 80<00:08:22.879> hours

when you're working 70 hours 80 hours

when you're working 70 hours 80 hours even<00:08:23.360> 90<00:08:23.759> hours<00:08:24.080> a<00:08:24.160> week<00:08:24.560> just<00:08:24.879> to<00:08:24.960> make

even 90 hours a week just to make

even 90 hours a week just to make nothing<00:08:25.759> that<00:08:26.000> can't<00:08:26.160> be<00:08:26.319> right

the<00:08:32.399> big<00:08:32.640> winners<00:08:33.360> of<00:08:33.519> the<00:08:33.599> last<00:08:34.000> 10<00:08:34.159> to<00:08:34.320> 12

the big winners of the last 10 to 12

the big winners of the last 10 to 12 years<00:08:35.200> um<00:08:35.599> have<00:08:35.760> been<00:08:36.000> those<00:08:36.240> at<00:08:36.320> the<00:08:36.399> top<00:08:36.719> it's

years um have been those at the top it's

years um have been those at the top it's a<00:08:37.039> very<00:08:37.279> simple<00:08:37.599> story<00:08:37.919> it's<00:08:38.080> a<00:08:38.320> story<00:08:38.560> of

a very simple story it's a story of

a very simple story it's a story of inequality<00:08:39.360> the<00:08:39.440> fact<00:08:39.599> that<00:08:39.680> we've<00:08:39.760> got

inequality the fact that we've got

inequality the fact that we've got nurses<00:08:40.479> going<00:08:40.719> to<00:08:40.880> food<00:08:41.120> banks<00:08:41.440> the<00:08:41.599> type<00:08:41.839> of

nurses going to food banks the type of

nurses going to food banks the type of politicians<00:08:42.560> we've<00:08:42.719> had<00:08:42.959> this<00:08:43.200> far<00:08:43.519> have

politicians we've had this far have

politicians we've had this far have created<00:08:44.399> this<00:08:44.720> mess<00:08:45.279> people<00:08:45.680> felt

created this mess people felt

created this mess people felt you<00:08:46.640> know<00:08:46.720> we'd<00:08:47.040> been<00:08:47.279> told<00:08:47.600> that<00:08:47.680> we<00:08:47.839> should

you know we'd been told that we should

you know we'd been told that we should accept<00:08:48.399> the<00:08:48.480> discipline<00:08:49.040> of<00:08:49.120> a<00:08:49.200> market

accept the discipline of a market

accept the discipline of a market economy

economy

economy and<00:08:51.120> it<00:08:51.200> wasn't<00:08:51.519> being<00:08:51.760> applied<00:08:52.080> to<00:08:52.240> the<00:08:52.399> elite

and it wasn't being applied to the elite

and it wasn't being applied to the elite there's<00:08:53.279> one<00:08:53.600> rule<00:08:54.000> for<00:08:54.160> the<00:08:54.240> rest<00:08:54.560> of<00:08:54.720> us<00:08:55.279> but

there's one rule for the rest of us but

there's one rule for the rest of us but a<00:08:55.600> different<00:08:56.000> rule<00:08:56.480> for<00:08:56.640> the<00:08:56.800> elite

[Music]

[Music]

[Music] the<00:09:08.320> massive<00:09:08.560> thing<00:09:08.720> we<00:09:08.800> understand<00:09:09.279> is<00:09:09.440> that

the massive thing we understand is that

the massive thing we understand is that simply<00:09:10.240> printing<00:09:10.560> money<00:09:10.959> is<00:09:11.360> not<00:09:11.760> anywhere

simply printing money is not anywhere

simply printing money is not anywhere close<00:09:12.480> to<00:09:12.640> as<00:09:12.800> effective<00:09:13.680> as

close to as effective as

close to as effective as economists<00:09:14.959> thought<00:09:15.120> it<00:09:15.200> was<00:09:15.279> going<00:09:15.360> to<00:09:15.440> be

economists thought it was going to be

economists thought it was going to be it's<00:09:15.839> a<00:09:16.000> very<00:09:16.320> very<00:09:16.560> weak<00:09:16.880> tool

after<00:09:26.320> a<00:09:26.480> paid<00:09:26.720> leave<00:09:26.959> package<00:09:27.519> passed<00:09:27.839> today

after a paid leave package passed today

after a paid leave package passed today this<00:09:28.320> would<00:09:28.480> be<00:09:28.640> the<00:09:28.880> biggest<00:09:29.279> wave<00:09:29.519> of<00:09:29.680> money

this would be the biggest wave of money

this would be the biggest wave of money unlocked<00:09:30.399> to<00:09:30.560> combat<00:09:30.880> the<00:09:31.040> coronavirus<00:09:32.080> the

unlocked to combat the coronavirus the

unlocked to combat the coronavirus the size<00:09:32.800> and<00:09:32.959> the<00:09:33.120> urgency<00:09:33.680> of<00:09:33.839> this<00:09:34.160> is

size and the urgency of this is

size and the urgency of this is evocative<00:09:35.279> of<00:09:35.360> the<00:09:35.440> bank<00:09:35.760> rescue<00:09:36.160> package

evocative of the bank rescue package

evocative of the bank rescue package from<00:09:36.640> the<00:09:36.720> financial<00:09:37.279> crisis

from the financial crisis

from the financial crisis today<00:09:39.440> i<00:09:39.519> can<00:09:39.680> announce<00:09:40.080> it<00:09:40.160> for<00:09:40.320> the<00:09:40.399> first

today i can announce it for the first

today i can announce it for the first time<00:09:41.120> in<00:09:41.360> our<00:09:41.600> history<00:09:42.560> the<00:09:42.720> government<00:09:43.120> is

time in our history the government is

time in our history the government is going<00:09:43.440> to<00:09:43.680> step<00:09:44.000> in<00:09:44.480> and<00:09:44.640> help<00:09:44.959> to<00:09:45.120> pay

going to step in and help to pay

going to step in and help to pay people's<00:09:45.839> wages

people's wages

people's wages breaking<00:09:47.839> news<00:09:48.160> the<00:09:48.320> federal<00:09:48.640> reserve<00:09:49.040> is

breaking news the federal reserve is

breaking news the federal reserve is signaling<00:09:49.680> moments<00:09:50.080> ago<00:09:50.399> it<00:09:50.560> will<00:09:50.720> take<00:09:51.279> major

signaling moments ago it will take major

signaling moments ago it will take major new<00:09:52.560> action<00:09:53.200> to<00:09:53.360> prop<00:09:53.760> up<00:09:53.920> the<00:09:54.080> economy<00:09:54.640> look

new action to prop up the economy look

new action to prop up the economy look at<00:09:54.880> that

at that

at that right<00:09:55.920> off<00:09:56.080> the<00:09:56.240> bat<00:09:56.560> the<00:09:56.720> dow<00:09:57.040> jones<00:09:57.440> up<00:09:57.600> six

right off the bat the dow jones up six

right off the bat the dow jones up six percent<00:09:58.560> we've<00:09:58.720> gone<00:09:59.040> straight<00:09:59.680> up<00:10:00.240> at<00:10:00.399> this

percent we've gone straight up at this

percent we've gone straight up at this moment<00:10:00.959> the<00:10:01.040> dow<00:10:01.279> industrials<00:10:01.839> are<00:10:02.000> up<00:10:02.160> close

moment the dow industrials are up close

moment the dow industrials are up close to<00:10:02.720> twelve<00:10:02.720> 1200<00:10:03.680> points

to twelve 1200 points

to twelve 1200 points the<00:10:06.079> bank<00:10:06.320> of<00:10:06.480> england<00:10:06.880> is<00:10:07.040> pumping<00:10:07.440> an

the bank of england is pumping an

the bank of england is pumping an additional<00:10:08.079> hundred<00:10:08.480> billion<00:10:08.959> pounds<00:10:09.360> into

additional hundred billion pounds into

additional hundred billion pounds into the<00:10:09.760> financial<00:10:10.320> system<00:10:11.200> markets<00:10:11.760> riding<00:10:12.320> a

the financial system markets riding a

the financial system markets riding a wave<00:10:12.720> of<00:10:12.880> euphoria

we<00:10:20.160> have<00:10:20.320> used<00:10:21.200> economic<00:10:21.600> policy<00:10:22.000> very

we have used economic policy very

we have used economic policy very actively<00:10:23.200> and<00:10:23.360> very<00:10:23.600> substantially<00:10:24.079> and

actively and very substantially and

actively and very substantially and that's<00:10:24.560> i<00:10:24.640> mean<00:10:24.959> has<00:10:25.200> to<00:10:25.360> be<00:10:25.440> the<00:10:25.600> right<00:10:25.760> thing

that's i mean has to be the right thing

that's i mean has to be the right thing to<00:10:26.000> do<00:10:26.160> in<00:10:26.240> the<00:10:26.399> current<00:10:26.640> circumstances<00:10:27.519> it

to do in the current circumstances it

to do in the current circumstances it keeps<00:10:28.000> liquidity<00:10:28.640> in<00:10:28.720> the<00:10:28.880> economy<00:10:29.680> available

keeps liquidity in the economy available

keeps liquidity in the economy available for<00:10:30.240> other<00:10:30.399> uses<00:10:30.800> because<00:10:31.040> it<00:10:31.120> supports

for other uses because it supports

for other uses because it supports businesses<00:10:32.079> and<00:10:32.240> it<00:10:32.320> supports<00:10:32.720> households

businesses and it supports households

businesses and it supports households kobe

kobe

kobe worst<00:10:35.040> economic<00:10:35.360> crisis<00:10:35.680> since<00:10:35.920> the<00:10:36.079> great

worst economic crisis since the great

worst economic crisis since the great depression<00:10:36.640> basically

depression basically

depression basically stocks<00:10:38.720> gone<00:10:38.959> up<00:10:39.600> gone<00:10:39.839> up<00:10:40.160> what<00:10:40.320> it<00:10:40.480> has

stocks gone up gone up what it has

stocks gone up gone up what it has created<00:10:40.959> is<00:10:41.120> a<00:10:41.279> bizarre<00:10:41.680> situation<00:10:42.320> where<00:10:43.120> the

created is a bizarre situation where the

created is a bizarre situation where the consequence<00:10:44.079> of<00:10:44.240> economic<00:10:44.640> collapse<00:10:45.440> and<00:10:45.600> the

consequence of economic collapse and the

consequence of economic collapse and the consequence<00:10:46.160> of<00:10:46.320> economic<00:10:46.720> crisis

consequence of economic crisis

consequence of economic crisis is<00:10:48.399> repeatedly<00:10:49.519> a<00:10:49.760> massive<00:10:50.240> increase<00:10:51.040> in

is repeatedly a massive increase in

is repeatedly a massive increase in stock<00:10:51.760> and<00:10:51.839> asset<00:10:52.160> prices<00:10:52.640> and<00:10:52.800> who<00:10:53.040> owns

stock and asset prices and who owns

stock and asset prices and who owns stocks<00:10:53.920> and<00:10:54.000> who<00:10:54.160> owns<00:10:54.399> assets<00:10:54.720> well

stocks and who owns assets well

stocks and who owns assets well mainly<00:10:56.240> it's<00:10:56.399> wealthy<00:10:56.800> people

thai<00:11:08.800> economy<00:11:09.360> has<00:11:09.600> come<00:11:09.839> to<00:11:10.000> a<00:11:10.079> stand<00:11:10.480> still

government<00:11:13.920> has<00:11:14.000> been<00:11:14.160> mismanaging<00:11:14.720> the

government has been mismanaging the

government has been mismanaging the economy<00:11:15.600> miss<00:11:15.839> rule<00:11:16.160> really<00:11:16.399> been<00:11:16.640> passed

[Music]

calculations<00:11:33.200> by<00:11:33.440> oxfam<00:11:33.839> suggest<00:11:34.240> the

calculations by oxfam suggest the

calculations by oxfam suggest the combined<00:11:34.800> wealth<00:11:35.120> of<00:11:35.279> 10<00:11:35.519> of<00:11:35.600> the<00:11:35.680> world's

combined wealth of 10 of the world's

combined wealth of 10 of the world's richest<00:11:36.480> men<00:11:36.800> has<00:11:37.120> increased<00:11:37.680> during<00:11:38.000> the

richest men has increased during the

richest men has increased during the coronavirus<00:11:38.880> pandemic<00:11:39.440> by<00:11:39.680> 400<00:11:40.240> billion

coronavirus pandemic by 400 billion

coronavirus pandemic by 400 billion pounds

the<00:11:46.480> rich<00:11:46.800> are<00:11:46.959> getting<00:11:47.200> richer<00:11:48.079> everyone

the rich are getting richer everyone

the rich are getting richer everyone else<00:11:48.880> is<00:11:49.040> getting<00:11:49.600> poorer<00:11:50.079> if<00:11:50.320> it<00:11:50.399> continues

else is getting poorer if it continues

else is getting poorer if it continues we're<00:11:51.040> gonna<00:11:51.279> wind<00:11:51.519> up<00:11:51.760> with<00:11:51.920> an<00:11:52.079> even<00:11:52.399> more

we're gonna wind up with an even more

we're gonna wind up with an even more volatile<00:11:53.279> society<00:11:53.920> in<00:11:54.079> which<00:11:54.320> everybody

volatile society in which everybody

volatile society in which everybody hates<00:11:55.200> each<00:11:55.360> other

hates each other

hates each other they're<00:11:57.839> taxing<00:11:58.320> me<00:11:58.560> on<00:11:58.720> unemployment

they're taxing me on unemployment

they're taxing me on unemployment they're<00:11:59.920> taxing<00:12:00.320> me<00:12:00.480> at<00:12:00.639> every<00:12:00.959> corner<00:12:01.440> i<00:12:01.600> get

they're taxing me at every corner i get

they're taxing me at every corner i get but<00:12:02.000> you<00:12:02.160> have<00:12:02.399> a<00:12:02.560> man<00:12:02.880> that's<00:12:03.120> a<00:12:03.279> billionaire

but you have a man that's a billionaire

but you have a man that's a billionaire and<00:12:04.480> all<00:12:04.720> of<00:12:04.800> them<00:12:04.959> are<00:12:05.120> being<00:12:05.360> this<00:12:05.519> and

and all of them are being this and

and all of them are being this and they're<00:12:05.760> not<00:12:06.000> being<00:12:06.240> taxed<00:12:06.880> tell<00:12:07.120> me<00:12:07.279> where

they're not being taxed tell me where

they're not being taxed tell me where the<00:12:07.600> right<00:12:07.839> and<00:12:08.000> wrong<00:12:08.240> is<00:12:08.480> in<00:12:08.639> that<00:12:08.959> those<00:12:09.200> in

the right and wrong is in that those in

the right and wrong is in that those in poverty<00:12:10.240> were<00:12:10.480> nearly<00:12:10.880> four<00:12:11.200> times<00:12:11.600> more

poverty were nearly four times more

poverty were nearly four times more likely<00:12:12.160> to<00:12:12.320> die<00:12:12.560> from<00:12:12.800> covid<00:12:13.279> than<00:12:13.519> more

likely to die from covid than more

likely to die from covid than more affluent<00:12:14.160> groups<00:12:14.639> says<00:12:14.880> the<00:12:14.959> pandemic<00:12:15.519> has

affluent groups says the pandemic has

affluent groups says the pandemic has widened<00:12:16.240> the<00:12:16.399> gap<00:12:16.720> between<00:12:17.040> rich<00:12:17.360> and<00:12:17.519> poor<00:12:17.839> in

widened the gap between rich and poor in

widened the gap between rich and poor in the<00:12:18.000> uk

the uk

the uk for<00:12:20.399> an<00:12:20.560> illustrated<00:12:21.120> look<00:12:21.279> into<00:12:21.519> the<00:12:21.600> wealth

for an illustrated look into the wealth

for an illustrated look into the wealth gap<00:12:22.320> and<00:12:22.399> how<00:12:22.560> it<00:12:22.720> affects<00:12:23.040> us<00:12:23.279> all<00:12:23.839> head<00:12:24.079> over

gap and how it affects us all head over

gap and how it affects us all head over to<00:12:24.480> bbc<00:12:24.880> dot<00:12:25.040> co<00:12:25.279> dot<00:12:25.440> uk<00:12:26.000> forward<00:12:26.399> slash

to bbc dot co dot uk forward slash

to bbc dot co dot uk forward slash decade<00:12:27.200> the<00:12:27.279> rich<00:12:27.519> one<00:12:28.320> and<00:12:28.480> follow<00:12:28.720> the<00:12:28.880> links

decade the rich one and follow the links

decade the rich one and follow the links to<00:12:29.440> the<00:12:29.600> open<00:12:29.920> university

[Music]

[Music]

[Music] how<00:12:40.000> are<00:12:40.000> you<00:12:40.160> feeling<00:12:40.880> here

how are you feeling here

how are you feeling here [Music]

[Music]

[Music] um

um

um it's

it's

it's i<00:12:46.880> don't<00:12:47.040> know<00:12:47.200> how<00:12:47.279> i<00:12:47.360> feel<00:12:47.760> it<00:12:47.839> might<00:12:48.000> be

i don't know how i feel it might be

i don't know how i feel it might be emotional

emotional

emotional it's<00:12:50.480> a<00:12:50.560> bit<00:12:50.839> emotional

it's a bit emotional

it's a bit emotional yeah<00:12:52.880> all<00:12:53.040> congratulations<00:12:53.839> man<00:12:54.320> yeah<00:12:55.040> good

yeah all congratulations man yeah good

yeah all congratulations man yeah good good<00:12:55.920> kid

i'll<00:12:58.720> stop<00:12:59.040> now