This Is Where You'll Find The Real Economy

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Performed by Gary Stevenson
@garyseconomics

[Account.for.Comment]

This is why the US economy felt gloomy at the moment. Despite all the news posting great positive datas, everyone you asked and met, they are negative. The economists seem blind about the issue, struggling to explain the whole thing.

[georgephillipou]

I love listening to gary, very real and sounds like a good person ❤😇🙏🏽💪🏽

[popdop]

Economics: Eco - home, nomos - accounts.

It's even in the fuckin name

[BeanyBop]

See, this is a guy that I am truly happy for the fact he is rich now.
He is switched on. Intelligent. Humble. Sincere and down to earth. Everything he has he made not off the back of other people, but himself.
And now he speaks for those being pushed down by those in charge of the economy.
It is a shame this guy is not in politics.

[Dobbyisfree]

3years ago when I was in London, I almost always shop at the street market. It’s always ‘ a pound a bowl’ meaning you get vegetables and fruits in a big bowl, usually weights 1 to 2 kilograms. It is now 2pounds a bowl or more. That’s the economy.

[mikeharrison]

We live in a Sherrif of Nottingham economy.

[mella]

Gary I listened to the whole interview last night and you were amazing! I will watch your full interview tonight with Mr O'B as well. I can't wait to read your very, very important book. Well done and congratulations! 🎉❤😊

[HighFlyer]

I've been using what I call the "local weekend index" Friday and Sat nights I check out the traffic in my area. Idea being that when people feel their personal finances are better they spend more money for dates and drinks with friends. I also look at the cars. Are they new or 5+ years old? High interest rates mean people can't afford the already inflated new car prices. Bad news for the entire production chain.

Another one is at the apartment complexes in the poorer parts of town. How many reserved spots have cars in them? Around here their vehicles being repoed was one of the first signs in 2007-2008. The lots weren't full again until 2013.

In single family homes are there lots of vehicles? Signs that multiple families or generations are under the same roof? When the people who maybe just climbed into lower middle class start sliding back down it's a bad sign.

[MrJamesCleveland]

Gary’s mum:

Questions regarding distribution of resources are found throughout the writings of the Boeotian poet Hesiod and several economic historians have described Hesiod himself as the "first economist".

[b.l]

We need this man to be the financial minister. This is what democracy was created for. We no longer have democracy in N. America. Just a bunch of rich crooks in the govt.

[Yankee_Uniform]

It's funny, it's what i do. I go to all major stores and look at people's faces. How they react to prices. Are they happy? What's in their baskets? How many sales are there? How many rooms are vacant in hotels? What is the cost of an airfare? How much lumber is being sold at home depot? And shit is definitely slowing down.

[hamidakhanom]

Such a wake up call to the real meaning of Economics. Thank you for sharing your experience and the truth.

[Chivie-zn]

You’re a breath of fresh air. I’m glad i found you!

[Wizo]

Microeconomics vs. Macroeconomics. Most people look at the Macro part, and see a very broad picture. However Microeconomics is a vital tool to understanding all those parts and reasons why the Macro is why they are.

Most people will never even touch Microeconomics because they see it as useless, when it's actually very fundamental into knowing the very system you are living in.

[OmgAuntySuzanne]

Thank you ! You are correct in every way! People interact every differently with money and economic forces and consequences are all around if you just look’

[HP]

I remember when I was about 15 years old, my father driving through the city and him commenting how it was good seeing the amount of construction cranes in the city, and that it meant the economy was strong. He was a very smart man in so many ways. That comment has always stuck with me. Textbooks are a second-rate indicator. Real life examples tell you all you need to know.

[brianwheeldon]

such a good clip and on the nail. thanks

[robertturner]

That is absolutely true... what great observation your friend has.

[azynkron]

There are a lot of people making a lot of money pretending that economics is more complicated than it really is.

[mumbleweed]

Almost finished your book. Highly recommend it. :)