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Why Martin Lewis can't save you from the Economic Crisis

April 03, 2022
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listen money saving tips is not going to  work when somebody's setting your house and  

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your community on fire you know what i'm  saying and that is what is happening here

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yeah okay so i want to talk about what Martin  Lewis said yesterday Martin Lewis for anyone  

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who doesn't know is the money saving expert here  in the UK he's got a website he appears on tv a  

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lot telling people how to save money basically  so a lot of people are reaching out to him now  

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because millions of people are worried about  the energy prices going up they're already  

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struggling with the food prices going up they  know that food prices are going to go up more  

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and they know that the tax rises are going to come  in very soon as well so this is a very serious  

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situation we've spoken about a lot a lot of  people are really struggling for money right now  

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so they're reaching out to Martin Lewis the  money saving expert to say you know how 

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can we cope with this basically so  this guy Martin Lewis he went on  

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breakfast tv yesterday and he basically said  look all these guys are reaching out to me  

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and i'm in a situation where i've run out  of things to tell these people basically  

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like we're reaching the point now where  people are literally going to be losing  

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thousands of pounds every year and there's there's  no way you can fix that by just optimizing your  

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personal finances you know you're not going to fix  that by like switching to a new gas provider like  

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there's no way everything is expensive right um  and the first thing is to say like this shows how  

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extreme the situation is and the situation is very  extreme but the second thing is this reminds me of

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we make a lot of videos right and  

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very often what comes back from the  videos people send messages saying

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what can i do in terms of they know i'm a trader  they're like can i make money from trading  

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for example or can i make money from investing  just now we filmed a video in the parking here  

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and some kids came up to us and said oh do you  give advice on personal finance right and totally  

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understand this i understand this you know i mean  i've been poor myself you see things happening  

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and you're just like what can i do to protect  myself protect my family to make money right  

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but the problem is we're in a situation here where  because effectively of government mismanagement  

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of crisis managing a crisis in such a way that all  the pain goes on poor and ordinary people and the  

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rich make like a properly a crap ton of money  we've created a situation where increasingly  

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no matter what you do you can't protect yourself  you know what i mean but we've created a society  

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where we put the responsibility of protecting  individuals on the individuals meanwhile  

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the government is doing nothing to protect  individuals and is actively making the situation  

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of individuals worse but the natural response of  people is to say what can i do for me i understand  

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that so they contact me and say what can i do for  trading or they go online and they try and trade  

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bitcoin or they try and get involved in fx trading  or they contact martin lewis and they say you know  

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what can i do to optimize my finances but the  problem is if everybody is successfully convinced  

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that what you need to do is focus on your  personal individual situation and at the same  

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time the government is basically [ __ ] everybody  over we increasingly get in a situation where  

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people don't fight back and while every single  person is individually trying to save themselves  

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the government is just screwing everybody it's a  bit like you know and then kung fu films when like  

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100 bad guys fight bruce lee one at a time that's  basically what we're doing you know like the rich  

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are taking everything and the only power we have  is there's more of us and we are like individually  

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one at a time i like well maybe i can change my  electricity provider or maybe i can make money  

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trading bitcoin you know what i mean but you're  fighting against millionaires and billionaires  

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here you know what i mean you're not going to  beat these guys these guys want your house they  

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want your house they want your house they want  your money they want your pension they want your  

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assets they want you in debt and it's not because  they're evil it's just because they're rich  

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and they can do it right and you are not going to  fight back by you know changing your electricity  

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provider you know what i mean or doing these  individual things if you are just a person who  

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has a net worth of 50 60 grand you can't beat  these guys with a net worth of 50 60 million  

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but we live in a world where people are being  convinced you have to do you have to take care  

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of just yourself and you have to compete with  the millionaires and yet people are not uniting  

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meanwhile the rich and the government are  just screwing everybody you know what i mean  

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so i think what this made me realize is and i  reached out to martin lewis hopefully it'd be  

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great if he reaches back people watching send  a message to mike lewis tell him to contact me  

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we're in a situation here where  unless ordinary people unite  

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in some meaningful way it's going to be  seriously it's going to be a disaster  

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and it is happening it's happening now  it's a disaster you know what i'm saying  

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um and people who've watched it might be seeing me  getting like increasingly like angry in my videos  

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because you know i've been out here saying for  like more than 10 years now if you don't deal  

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with inequality it's going to be an economic  disaster for ordinary people and it is you know  

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unaffordable housing no good jobs you know bad  quality of living unable to afford the basics  

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and now suddenly we have a crisis that massively  increases inequality and it's going to get worse  

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um and the only way the only way the only way  we're going to stop this is if ordinary people  

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poor and ordinary people on mass come together and  demand it because look the chancellor's father-in-law 

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is a billionaire he's not going to give it to  us right and all of the government they're all  

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super super rich guys right they're not going to  give it to us and they're funded by even richer  

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guys they're not going to give it to us we are  only going to improve this if we come together  

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to push back and yet everybody's just looking for  money-saving tips you know it's not going to work  

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money-saving tips listen money-saving tips is not  going to work when somebody's setting your house  

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and your community on fire you know what i'm  saying and that is what is happening here you  

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know what i mean you know if your country is being  invaded you don't need money saving tips you need  

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to fight back and that is what is happening here  you know our wealth as a community as a country is  

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being taken by the super rich and by essentially  a corrupt government to be honest you know if you  

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have a government that has a crisis enriches the  riches massively takes away food and energy from  

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the poor raises taxes on ordinary people and cuts  taxes on the super rich with a chancellor who's a  

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billionaire that is a corrupt government you know  what i mean it's a corrupt government you know  

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you can talk about corruption in the Russian government look at our government look at  

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what they are doing to this country you know what  i mean so yeah i think Martin Lewis is a great guy  

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you know do what you can to protect yourself  and your family but the fact is this is beyond the  

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money saving tips and if we do not unite ordinary  people who do not come together as ordinary people  

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and demand a fairer distribution of wealth  and demand not only that the rich stop getting  

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richer but that we get something back then  things are going to keep getting worse so um  

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so yeah i would encourage people watching get  involved support the message and understand  

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crucially we need to do something about wealth  and equality and that will only be achieved  

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acting together and acting politically and i'm not  talking about political parties i'm talking about  

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politics as the exercise of power and our power is  there's more of us and we only use that if we come  

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together and if we do not come together we lose  and if we lose we see what's happening we lose  

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our houses we lose the ability to live financially  secure lives and that's what's going to happen um  

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so yeah people need to come together you  know and i would love them to support  

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this message and to share it that's all  and if Martin Lewis is watching  

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send me a message because we need to make  stuff happen, that's it, what else is there to say?

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housing could be so much more affordable wages  could be so much higher and we could have so  

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many more options in how we live our lives some  of them put a lot of money into paying economists  

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and think tanks to tell you that inequality  is important for the economy that is not true