The Rich Will Bankrupt Us All - Garys economics

Video Description

Gary Stevenson is a former city trader who made millions from betting on growing inequality. With his YouTube channel he now campaigns to end the very thing he made money from. He warns that if we don't tax the super rich, wealth inequality will continue to increase, leaving the majority of us much worse off. Gary's written a book: https://amzn.to/3SJGXeM 📇 80% of what you need to know about personal finance on 2 pages Download: https://makingmoney.email/basics-guide 🤝 Improve your finances with our adviser service - book free consultation: https://makingmoney.email/financial-advisors-video 🎉 Sponsors: Sensate: Get help with your anxiety & 10% off with the code MM10: https://www.getsensate.com/makingmoney Unbiased: Get help with your money from a financial advisor: https://www.unbiased.co.uk/makingmoney ✉️ Newsletter: If you want a summary from this episode in an easy format, please subscribe to our newsletter: https://makingmoney.email/S2E14 Disclaimer: This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life. Chapters: 00:00-00:49 - Intro 00:49-05:57 - Obsessed with money 05:57-13:12 - Unfair advantage 13:12-18:46 - Top trader 18:46-19:39 - Unbiased ad 19:39-26:14 - Throw away your economics textbooks 26:14-32:41 - Growing wealth inequality 32:41-35:55 -What has happened to living standards? 35:55-36:31 - Sensate ad 36:31-46:43 - Tax the rich 46:43-50:45 - What happens if we don’t? 50:45-54:28 - How rich are the rich? 54:28-59:25 - Who is the real capitalist? 59:25-01:04:41 - Betting on growing inequality 01:04:41-01:11:46 - Act now