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This Is Where You'll Find The Real Economy

March 04, 2024
Wealth Inequality Enough is Enough Tax Wealth Not Work Economics of Covid Rich get Richer Poor get Poorer Economics Explained Tax the Rich End Austerity Billionaire Poverty
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this<00:00:00.199> mad<00:00:00.480> thing<00:00:00.640> happens<00:00:00.960> and<00:00:01.120> the<00:00:01.240> Swiss

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this mad thing happens and the Swiss

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this mad thing happens and the Swiss National<00:00:01.880> Bank<00:00:02.760> suddenly<00:00:03.280> effectively<00:00:03.719> cut

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National Bank suddenly effectively cut

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National Bank suddenly effectively cut their<00:00:04.080> interest<00:00:04.359> rates<00:00:04.600> to<00:00:04.799> 4<00:00:05.080> and<00:00:05.240> a<00:00:05.359> half%

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their interest rates to 4 and a half%

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their interest rates to 4 and a half% and<00:00:06.399> in<00:00:06.520> a<00:00:06.720> week<00:00:07.080> I<00:00:07.200> lose<00:00:07.480> 8<00:00:07.839> million<00:00:08.320> do<00:00:09.000> I<00:00:09.160> did

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and in a week I lose 8 million do I did

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and in a week I lose 8 million do I did what<00:00:09.840> every<00:00:10.120> good<00:00:10.320> former<00:00:10.639> LSC<00:00:11.040> student<00:00:11.360> does

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what every good former LSC student does

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what every good former LSC student does I<00:00:12.400> started<00:00:12.799> come<00:00:13.000> bringing<00:00:13.320> my<00:00:13.480> textbooks

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I started come bringing my textbooks

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I started come bringing my textbooks into<00:00:14.280> the<00:00:14.559> office<00:00:15.559> seems<00:00:15.799> funny<00:00:16.119> now<00:00:16.359> but<00:00:16.480> you

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into the office seems funny now but you

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into the office seems funny now but you know<00:00:17.039> and<00:00:17.119> I<00:00:17.240> start<00:00:17.480> reading<00:00:17.880> up<00:00:18.000> on<00:00:18.279> what's

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know and I start reading up on what's

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know and I start reading up on what's happening<00:00:18.680> on<00:00:18.800> the<00:00:18.960> desk<00:00:19.480> and<00:00:19.640> this<00:00:19.840> guy<00:00:20.199> Billy

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happening on the desk and this guy Billy

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happening on the desk and this guy Billy who<00:00:20.640> I'm<00:00:20.720> sitting<00:00:20.920> next<00:00:21.080> to<00:00:21.320> never<00:00:21.480> went<00:00:21.600> to

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who I'm sitting next to never went to

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who I'm sitting next to never went to University<00:00:22.560> [ __ ]<00:00:23.119> [ __ ]<00:00:23.359> good

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University [ __ ] [ __ ] good

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University [ __ ] [ __ ] good Trader<00:00:25.119> he<00:00:25.240> lets<00:00:25.439> me<00:00:25.560> do<00:00:25.680> it<00:00:25.760> for<00:00:25.880> one<00:00:26.119> day<00:00:26.400> he

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Trader he lets me do it for one day he

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Trader he lets me do it for one day he lets<00:00:26.720> me<00:00:26.800> do<00:00:26.920> it<00:00:27.080> two<00:00:27.320> days<00:00:28.160> third<00:00:28.439> day<00:00:28.720> just

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lets me do it two days third day just

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lets me do it two days third day just comes<00:00:29.119> in<00:00:29.359> slaps<00:00:29.840> the

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comes in slaps the

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comes in slaps the text<00:00:30.759> PI<00:00:30.920> out<00:00:31.000> of<00:00:31.080> my<00:00:31.160> hand<00:00:31.320> into<00:00:31.480> the<00:00:31.599> bin<00:00:32.200> and

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text PI out of my hand into the bin and

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text PI out of my hand into the bin and he<00:00:32.399> goes<00:00:32.599> what<00:00:32.719> the<00:00:32.960> f<00:00:33.160> are<00:00:33.280> you<00:00:33.440> doing<00:00:34.360> brick

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he goes what the f are you doing brick

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he goes what the f are you doing brick does<00:00:35.040> this<00:00:35.200> look<00:00:35.360> like<00:00:35.920> Jack<00:00:36.120> anori<00:00:36.600> to<00:00:36.840> you<00:00:37.320> if

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does this look like Jack anori to you if

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does this look like Jack anori to you if you<00:00:37.480> want<00:00:37.600> to<00:00:37.879> understand<00:00:38.040> how<00:00:38.160> the<00:00:38.239> economy

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you want to understand how the economy

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you want to understand how the economy Works<00:00:38.960> you're<00:00:39.120> not<00:00:39.239> going<00:00:39.320> to<00:00:39.440> read<00:00:39.600> it<00:00:39.719> ining

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Works you're not going to read it ining

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Works you're not going to read it ining textbooks<00:00:41.200> if<00:00:41.280> you<00:00:41.360> want<00:00:41.480> to<00:00:41.640> know<00:00:42.039> how<00:00:42.160> the

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textbooks if you want to know how the

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textbooks if you want to know how the economy<00:00:42.680> Works<00:00:43.480> go<00:00:43.719> talk<00:00:44.000> to<00:00:44.200> your<00:00:44.399> mom<00:00:45.120> and

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economy Works go talk to your mom and

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economy Works go talk to your mom and ask<00:00:45.600> her<00:00:46.120> what<00:00:46.239> a<00:00:46.399> financial<00:00:46.760> Situation's

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ask her what a financial Situation's

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ask her what a financial Situation's like<00:00:47.680> go<00:00:47.840> talk<00:00:48.000> to<00:00:48.120> your<00:00:48.239> friends<00:00:48.520> talk<00:00:48.640> to

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like go talk to your friends talk to

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like go talk to your friends talk to your<00:00:48.840> friends<00:00:49.120> moms<00:00:49.559> look<00:00:49.680> at<00:00:49.800> the<00:00:50.000> adverts<00:00:50.520> on

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your friends moms look at the adverts on

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your friends moms look at the adverts on a<00:00:51.000> walk<00:00:51.199> down<00:00:51.320> the<00:00:51.480> [ __ ]<00:00:51.760> High<00:00:51.960> Street<00:00:52.480> look

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a walk down the [ __ ] High Street look

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a walk down the [ __ ] High Street look at<00:00:52.719> what<00:00:52.840> shops<00:00:53.039> are<00:00:53.160> closing<00:00:53.480> down<00:00:53.680> what's

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at what shops are closing down what's

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at what shops are closing down what's opening<00:00:54.199> up<00:00:54.600> look<00:00:54.760> at<00:00:54.879> the<00:00:55.000> homeless<00:00:55.359> people

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opening up look at the homeless people

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opening up look at the homeless people is<00:00:55.680> there<00:00:55.840> more<00:00:56.160> is<00:00:56.280> there<00:00:56.480> less<00:00:56.760> that's<00:00:57.160> the

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is there more is there less that's the

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is there more is there less that's the economy<00:00:57.719> is<00:00:57.840> the<00:00:58.079> [ __ ]<00:00:58.879> real<00:00:59.160> world

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economy is the [ __ ] real world

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economy is the [ __ ] real world basically