The future is dire poverty for most people unless something changes

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Performed by Gary Stevenson
@garyseconomics

[BandOfHarjaps]

Gary can reasonably called a working class hero in his range of expertise.

[markellwood]

Gary is spot on when he argues that the game is rigged. You can see the anger now. People not being able to get on. High tax, unaffordable housing, low skills low pay. It has to change or the UK will be stuck into a cycle of poverty inequality. Which benefits nobody. When we all do well. The child poverty stops.

[mattmax]

Again, history is a great example of what can happen.
Don't kid yourself, the syphon of money/assets from the masses is quickening

[chrishughes]

Keep spreading the truth to all that will listen, all of us not just Gary.

[Niclas-uifh]

Thank you for explaining this in simple terms for the average person to grasp it

[SEANPOL]

The greed of these mega rich knows no bounds

[grantbeerling]

This describes 'mercantilism'. Ref; Thomas Piketty Capital of the 21st Century, the very last chapter says if we don't face this, we will return to Victoriana. r>g Rent from asset ownership is always greater than Growth (wage growth) 200 yr ave r = 5% g = 1% per annum So in 14.4-years doubles whereas g it takes 72! Which eventually leads to a revolution.

[philipnorthfield]

It doesn't take a genius to realise that when a tradesmen falls into the same tax bracket as a billionaire or if they structure their income into dividends or capital growth at far lower rates you are storing up trouble as Gary puts it they will buy your stuff.

[isolationstation]

You all need to read Gary’s book The Trading Game. This man speaks truth.

[RenovationMan]

Gary you are brilliant. I've recently purchased your audio book, and it's so beautifully relatable that it reduced me to tears.

[westcountry_sailing]

Globalisation has encouraged the very rich to move their money more than ever, effectively changing the game, even though the rules remain the same.

[matthewwixey]

I see that the Italian government is waking up to this . They are suffering from the dynamic that you described here . Let's hope that more European Countries and the USA do the same . When we all stand together in Solidarity they will have nowhere to hide .

[jimmyb]

Gary, I hate watching your videos sometimes, because I know you’re speaking the truth and it makes me worry for my children’s future.

[kennethmarshall]

We are really starting to see the squeeze on public services in order to protect the very wealthy.

[ThatMuslimDoctor]

Living standards are falling so dramatically and rapidly and we are sicker because of it. People are struggling to stay afloat and it doesn't look like its going to get any better. I appreciate Gary's channel and his advocacy. I hope more people will wake up and demand change and our policy makers will act accordingly.

[frankstollar]

You don't become a billionaire without being a sociopath.

[elizabethatkins]

Why don’t the government start with something simple like a tax on empty properties in London? Most of them are owned by holding companies and do nothing for the local community or economy.

[SkidMcmarxx]

Our government is forming now after the election and the stuff that is leaking is so scary. Cuts in healthcare, wages, pensions… and get this. One of the most popular policy points during the election was a tax on the rich.

[amandaharrison]

Not only high tax, there was a reason for that. They needed a workforce, and we rates societies differently. Those countries that were seen to give the best standard of living attracted more people to that country. Those people asking a decent living spent money to support business. Not just high taxes responsible. Monopolies, corporations hoovering up small business and complacent populations have allowed this to evolve into the mess it is now. I will say it again, a united push against the likes of black rock etc is the only way to beat them. Imagine the millions of people that are awake uniting worldwide to boycott a product or service en mass. That would send a powerful, essage to the corporations and to the people showing they still have power, even though it’s hanging by a thread! Money talks

[jamestiltman]

Iv been saying the same thing. We are just the lucky ones and we assume that life will always be like this.