Author Topic: Former UK former trader talks about the economy and inequality  (Read 109 times)

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Online patentlymn

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Former UK former trader talks about the economy and inequality
« on: February 01, 2024, 03:39:06 PM »
Some guy who grew up poor but was smart at math got expelled from HS but graduated from the London School of Economics and made lots of money as a trader. Maybe Oxford also?
Very sharp.

https://youtu.be/ViY-zI3b5JQ
 The Plan Is To Make You Permanently Poorer | Aaron Meets Gary Stevenson
Novara Media

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797,572 views Premiered Oct 9, 2022  Downstream - NEW episodes every Sunday 6pm UK
In 2011, while working as a City trader, Gary Stevenson (@garyseconomics) joined the ultra rich with a single bonus cheque. Not long after he was named one of Citibank’s highest performing traders worldwide. Stevenson made millions for his employer by betting on one thing: that the British and American economies would fail to recover from the global financial crisis, that inequality would only get worse and living standards would stagnate. That made him rich, but miserable. Which is why Gary would later leave his job to campaign on inequality.

In this interview he discusses his personal story - from studying at the LSE to the working culture of one of the world’s biggest banks - to what the economics of the 2020s will look like, and how the plan is to destroy the middle class.

https://www.youtube.com/c/garyseconomics

https://twitter.com/garyseconomics?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor

https://twitter.com/garyseconomics/status/1752371779945771402
Here's me predicting the Covid Cost of Living Crisis three years in advance

https://youtu.be/EiblHqbpXHs
 How COVID-19 MAKES the Rich Richer - Gary EXPLAINS the theory
Garys Economics
Premiered Jul 14, 2020
« Last Edit: February 01, 2024, 03:43:57 PM by patentlymn »
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Offline Libertas

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Re: Former UK former trader talks about the economy and inequality
« Reply #1 on: February 02, 2024, 08:08:17 AM »
It's called harvesting...and it works well when the crop is healthy...when it isn't there needs to be something more direct and something the crops cannot avoid...and it is in direct competition with the political class using deficit spending to enslave the masses...and nothing helps doing that like grinding them between totalitarianism and crushing inflation and a steady erosion of living standards...then the menticide kicks in allowing cradle to grave despotism to make its grand entrance. 
We are now where The Founders were when they faced despotism.