walk<00:00:00.480> down<00:00:00.599> your<00:00:00.760> High<00:00:00.960> Street<00:00:01.280> look<00:00:01.439> at<00:00:01.560> the

walk down your High Street look at the

walk down your High Street look at the shops<00:00:01.880> and<00:00:02.560> you<00:00:02.720> know<00:00:03.240> who<00:00:03.399> owns<00:00:03.679> them<00:00:04.400> who

shops and you know who owns them who

shops and you know who owns them who owns<00:00:05.000> fing<00:00:05.319> skyscrapers<00:00:05.879> in<00:00:06.000> Canary<00:00:06.319> wolf<00:00:06.720> who

owns fing skyscrapers in Canary wolf who

owns fing skyscrapers in Canary wolf who owns<00:00:07.040> a<00:00:07.359> supermarket<00:00:07.799> who<00:00:07.879> owns<00:00:08.040> a<00:00:08.160> shopping

owns a supermarket who owns a shopping

owns a supermarket who owns a shopping center<00:00:08.800> you<00:00:08.880> know<00:00:08.960> what<00:00:09.080> I<00:00:09.160> mean<00:00:09.760> who<00:00:09.920> owns<00:00:10.519> the

center you know what I mean who owns the

center you know what I mean who owns the restaurants<00:00:12.080> the<00:00:12.200> pubs<00:00:12.519> you<00:00:12.599> know<00:00:12.880> it's<00:00:13.440> a<00:00:13.519> lot

restaurants the pubs you know it's a lot

restaurants the pubs you know it's a lot of<00:00:13.719> it<00:00:13.799> is<00:00:13.880> ownership<00:00:14.280> of<00:00:14.400> commercial<00:00:14.759> wealth

of it is ownership of commercial wealth

of it is ownership of commercial wealth and<00:00:15.320> the<00:00:15.559> these<00:00:15.799> guys<00:00:16.760> what<00:00:16.920> they<00:00:17.080> look<00:00:17.359> like

and the these guys what they look like

and the these guys what they look like is<00:00:19.359> usually<00:00:19.880> they<00:00:20.000> are<00:00:20.480> families<00:00:20.960> that<00:00:21.080> have

is usually they are families that have

is usually they are families that have been<00:00:21.359> wealthy<00:00:21.640> for<00:00:21.760> a<00:00:21.880> long<00:00:22.199> time<00:00:23.199> it's<00:00:23.480> they

been wealthy for a long time it's they

been wealthy for a long time it's they have<00:00:23.760> their<00:00:23.880> own<00:00:24.119> sort<00:00:24.279> of<00:00:24.439> teams<00:00:24.680> of

have their own sort of teams of

have their own sort of teams of accountant<00:00:25.240> which<00:00:25.359> they<00:00:25.480> call<00:00:25.599> Family

accountant which they call Family

accountant which they call Family offices<00:00:26.679> and<00:00:26.800> they<00:00:26.960> just<00:00:27.080> own<00:00:27.359> all<00:00:27.480> of<00:00:27.599> this

offices and they just own all of this

offices and they just own all of this stuff<00:00:28.199> basically<00:00:28.640> on<00:00:28.800> paper<00:00:29.080> they<00:00:29.160> own<00:00:29.320> the

stuff basically on paper they own the

stuff basically on paper they own the stocks<00:00:29.679> they<00:00:29.759> own<00:00:29.880> the<00:00:30.000> shares<00:00:30.320> they<00:00:30.400> own<00:00:30.720> a

stocks they own the shares they own a

stocks they own the shares they own a ton<00:00:31.000> of<00:00:31.119> debt<00:00:31.320> so<00:00:31.519> that<00:00:31.840> they<00:00:31.960> own<00:00:32.160> your

ton of debt so that they own your

ton of debt so that they own your mortgage<00:00:32.719> they<00:00:32.840> own<00:00:33.000> the<00:00:33.079> government<00:00:33.440> debts

mortgage they own the government debts

mortgage they own the government debts when<00:00:33.840> you<00:00:33.920> pay<00:00:34.079> your<00:00:34.239> taxes<00:00:34.800> the<00:00:34.920> interest

when you pay your taxes the interest

when you pay your taxes the interest goes<00:00:35.440> to<00:00:35.840> them<00:00:37.239> um<00:00:38.239> and<00:00:38.920> work<00:00:39.160> is<00:00:39.320> meaningless

goes to them um and work is meaningless

goes to them um and work is meaningless to<00:00:40.000> them<00:00:40.360> because<00:00:40.640> they<00:00:40.800> will<00:00:41.000> make<00:00:41.640> from

to them because they will make from

to them because they will make from their<00:00:42.320> assets<00:00:42.840> you<00:00:42.960> know<00:00:43.520> and<00:00:43.719> I<00:00:43.800> want<00:00:43.920> people

their assets you know and I want people

their assets you know and I want people to<00:00:44.320> understand<00:00:44.440> this<00:00:44.600> these<00:00:44.719> are<00:00:44.840> your<00:00:45.000> cash

to understand this these are your cash

to understand this these are your cash flows<00:00:45.440> so<00:00:45.520> when<00:00:45.600> you<00:00:45.680> go<00:00:45.800> to<00:00:45.960> tesos<00:00:46.480> you<00:00:46.680> some

flows so when you go to tesos you some

flows so when you go to tesos you some guy<00:00:46.960> owns<00:00:47.199> tesos<00:00:47.719> a<00:00:47.800> big<00:00:47.960> chunk<00:00:48.160> of<00:00:48.280> what<00:00:48.399> you

guy owns tesos a big chunk of what you

guy owns tesos a big chunk of what you pay<00:00:48.680> it's<00:00:48.800> just<00:00:48.920> going<00:00:49.239> his<00:00:49.440> profits<00:00:49.800> you<00:00:49.879> know

pay it's just going his profits you know

pay it's just going his profits you know what<00:00:50.039> I<00:00:50.120> mean<00:00:50.440> all<00:00:50.640> the<00:00:50.960> people<00:00:51.120> don't<00:00:51.280> own

what I mean all the people don't own

what I mean all the people don't own these<00:00:51.640> things<00:00:51.960> and<00:00:52.320> they<00:00:52.440> are<00:00:52.559> owned<00:00:52.840> by<00:00:52.960> a

these things and they are owned by a

these things and they are owned by a small<00:00:53.359> number<00:00:53.600> of<00:00:53.760> extremely<00:00:54.199> wealthy

small number of extremely wealthy

small number of extremely wealthy families<00:00:55.559> generally<00:00:55.960> you<00:00:56.120> don't<00:00:56.520> see<00:00:56.760> them

families generally you don't see them

families generally you don't see them you<00:00:57.039> don't<00:00:57.199> hear<00:00:57.359> of<00:00:57.520> them<00:00:57.680> you<00:00:57.760> know<00:00:58.120> their

you don't hear of them you know their

you don't hear of them you know their kids<00:00:58.480> go<00:00:58.600> to<00:00:58.760> eat<00:00:58.960> and<00:00:59.039> you<00:00:59.120> know