The economy, wealth inequality and survival

There's another thread on wealth inequality which you can access here:


This one is going to be a bit different. I plan on posting mainly about surviving in an economy based on wealth inequality and where the game is rigged. Feel free to chime in.

This may seem like it's preaching to the choir, but we do have guests and it's a subject I enjoy. YMMV, so take it fwiw and dyodd.

Understand the Economy Part 2: What Is Wealth Inequality?​

Nothing to see. Can listen in one tab, play around the forum in a different tab.

27:34

Understand the Economy Part 1: What is wealth?​

Understand the Economy Part 3: Why is Inequality​

Nothing to see. You know the drill. The comments below the vid are pretty good - imo.

The games and strategy of rich people. What I learnt at Citibank​

The games and strategy of rich people. What I learnt at Citibank

Nothing to see. You know the drill.

Gary Stevenson on Surviving the Broken Economy and His Mission to Stop Rising Inequality​

In this episode, Jake and Damian sit down with Gary to break down the rising poverty crisis and how the economic system is designed to benefit the wealthy while keeping everyone else stuck. He explains why working harder isn’t the solution and how the financial rules are set up to make it nearly impossible for most people to get ahead.

Gary also dives into the impact of major political shifts, including what Donald Trump’s return to power could mean for everyday people. He shares insights on the economic changes coming in the next 12 months that could directly affect the money in our pockets, and why young people need to rethink how they approach success in today’s economy.

Gary Stevenson on Surviving the Broken Economy and His Mission to

Very interesting comments below the vid on youtube.

How to keep your house​

Feb 2, 2025
Own a house? The rich will take everything else away from you until you have to sell.

14:43

The Fed inflates asset prices. You want to benefit, you need to own the inflated assets. Stacking gold and silver is the counter play. Stacking is preparing for the time when the Fed loses power/control (assets and USD crash).

^^^^^
Gary Stevenson (video dude) has said the same thing.

This is one man's opinion, take it fwiw and dyodd. Nothing to see, can listen in one tab, play around the forum in a different tab.

Gary Stevenson on taxing the rich and why you're getting poorer | WTCTW podcast​

Mar 5, 2025 Ways to Change The World | Podcast

Why are the rich getting even wealthier while the middle and working classes continue to struggle? Former top trader Gary Stevenson - the star behind popular YouTube channel ‪@garyseconomics‬

• breaks down how wealth inequality is driving down living standards for the middle and working classes on this episode of Ways to Change the World.

He tells Krishnan Guru-Murthy how the rich grow their wealth through passive income and investments, while ordinary people fall into debt, and argues that low interest rates, tax policies, and government responses to crises like 2008 and COVID-19 have mainly benefited the wealthy, deepening the financial divide. And finally, he urges people to educate themselves and push for change before inequality spirals further out of control.

48:51

I enjoy Gary's vids but they are one man's opinion so you should dyodd.

Why aren't we all getting rich from compound interest?​

Mar 9, 2025

Just let your wealth compound over time and you'll be a millionaire, the advice goes. If this is true, why aren't more people rich?

22:55

I enjoy Gary's vids but they are one man's opinion so you should dyodd.

How to stop the economy from collapsing

Nothing special. Just something I enjoyed watching.

What it's like being working class at Oxford University​

Jan 8, 2022

Gary goes of in search of his favourite pubs as a student and talks about being working class at the elite Oxford University when he gets there.
"I'm a nobody right, like I'm a short guy from a poor background in Ilford. I'm not handsome like a model, I don't have no connections you know,I mean I'm not excellent at football; the only thing I've got is I can make good predictions and because I understand the economy better than anyone else that is enough to get to the top in the city, but it gets you nowhere in academia
I would have to spend years working the game and making connections and doing all of this stupid academic maths on whiteboards while at the same time the world's getting worse and worse & at the end of it there's no guarantee that I'm going to fix anything"

11:27

Economists Mentioned (Country Of Birth)
Gabriel Zucman (France)
Thomas Piketty (France)
Amir Sufi (USA)
Atif Mian (Pakistan)
Ludwig Straub (Germany)
Ha-Joon Chang (South Korea)

This one made me laugh.

From the book "Voices in My Head" by Richard Joseph Cronborg

^^^^^

And the rich kids, whose parents "take care of their own" - often fail to impart survival skills in the kids. They are SENT to the best universities, and GIVEN a job, and PLACED on the Fast-Track...and when they finally do have to stand on their own, they wind up to be not what their parents were.

What's the Chinese proverb? Four generations - peasant, to merchant, to nobility, to peasant.

The Ford family illustrates it well - of the current living generations, mediocrity emanates from them like B.O. Billy Ford is the best of them, and he's only marginally competent - the board demanded his resignation as CEO (he hired Alan Mullaly to replace him, but Mullaly is long gone) and since then, it's been a parade of incompetents. The current fool, Jim Farley, former exec of an OFFICE-FURNITURE maker, ferchrissakes...made the decision six years ago to discontinue regular passenger cars (and economy models) in favor of trucks-trucks-TRUCKS!! Because $30k F150s (their price back then) were selling like hotcakes. Making the company money.

Making the company MOAR money when they sold lifted, ever-more-blinged-out F150 Raptor 4X4s to Stimmy-check holders. Until, as happens, the bubble popped - all fall down. The repo man cometh, and now the maxed-out debt slaves cannot find a way to buy $80k F150s. And there are no Focus models for them to buy while trying to get their finances under control.

Stupid decision, one of dozens, by stupid people hired by the stupid scions of a family tree that's long had its brain genetics diluted.

So, if someone doesn't make it...yeah, circumstances play a part. The greatest successes came from people who came from humble beginnings. Henry Ford, Andrew Carnegie, Henry Kaiser (started his working life on a road-paving crew, and founded a conglomerate) George Eastman, Edwin Land...it's a long list.

The list of those who made it big from wealthy beginnings is shorter. Trump, yes. Billy Gates, but he had lots of CIA help. AND no qualms about stealing others' work.

Nothing to see, can listen in one tab, play around the forum in a different tab. I listen as background noise whilst surfing the forum / web.

Signing off: how close are we to winning higher taxes on the rich?​

Apr 20, 2025

In this last video before a break, Gary asks: just how close we are to convincing the government to tax the rich more? And reveals whether he's inviting Labour onto the channel or not. And discusses why the press have been attacking him. And explains where he's going exactly.

32:33

‘Living in a new Gilded Age’: Why the rich keep getting richer in the U.S.​

Jun 2, 2025 #JeffBezos #ElonMusk #MarkZuckerberg
Staff Writer at The New Yorker Evan Osnos joins Chris Jansing to share more on his new book “The Haves and Have-Yachts” and break down why wealth inequality in the U.S. is continuing to widen.

6:56

‘It’s a Weird Time to Be Rich Right Now’

Obviously, the idea of the über-wealthy wringing their hands about looking too rich is maddening in itself. But many of them don’t know exactly where to turn. One multimillionaire I spoke to, who owns about $15 million in Florida real estate, told me that he’s taking extra precautions to be low-key. (The Cut)

searcher said:

‘It’s a Weird Time to Be Rich Right Now’

Obviously, the idea of the über-wealthy wringing their hands about looking too rich is maddening in itself. But many of them don’t know exactly where to turn. One multimillionaire I spoke to, who owns about $15 million in Florida real estate, told me that he’s taking extra precautions to be low-key. (The Cut)

Click to expand...

When you make money without work; make it by effectively, asset-stripping the landscape or as a rentier receiving government "contracts"...and the public views you, not as successful, but as a thief and looter...yes, you're going to be in "danger."

Careful what you wish for.

Where Are the Good Critiques of Gary's Economics?​

Jun 19, 2025
Gary is everywhere now and he's had his fair share of criticism - most of it terrible. But are there any worthwhile critiques of his work?

View my old chat with Gary here: • Inequality and People's Economics with Gar...

20:46

Title made me smile. As with anything I post, take it fwiw and dyodd.

Jun 24, 2025
Full episode: • Why You Should Hate the Rich Even More (w/...

Chris Hedges: The Warped Psychology of the Rich​

Jul 13, 2025
The UK's economic and political situation is dire. Growing wealth inequality is leading to mass impoverishment, which in turn is leading to the rise of extreme politics. Gary has one message for the government: a wealth tax could start to reverse the situation – and prevent the collapse of our society. He also has message for anyone tempted to vote for Reform (spoiler: stopping immigration won't fix the problem).In this first episode after a three month break, Gary brings us up to speed on everything that's happened in UK economy – and what we need to achieve in the coming months.

I'm back. This is how we fix the UK

Ex-City Trader Says Taxing the Rich Is the Only Way to Fix Inequality​

Jul 15, 2025 #GMB #ukpolitics #economy
Gary Stevenson left his lucrative finance job at 27 as a multimillionaire. Now, he’s campaigning for a fairer economy, arguing that the only way to fix the country’s finances is to tax the rich.

9:35

searcher said:

Ex-City Trader Says Taxing the Rich Is the Only Way to Fix Inequality​

Jul 15, 2025 #GMB #ukpolitics #economy
Gary Stevenson left his lucrative finance job at 27 as a multimillionaire. Now, he’s campaigning for a fairer economy, arguing that the only way to fix the country’s finances is to tax the rich.

9:35

Click to expand...

Eat the rich.

Because the poor will always provide jobs.

The REAL reason behind the housing crisis​

Jul 20, 2025
Why is the UK in a housing crisis? And how we get out of it.

28:07

00:00 Intro
01:26 Every city in the world has a housing crisis
04:00 Housing is an asset like shares, bonds, commodities
07:40 Economists are missing this
08:40 Why house prices are going up
11:55 How rich people push up house prices
14:15 House prices vs. wages
16:33 Should we just build more housing?
18:33 Inequality is reshaping our cities and creating slums
21:27 Why we can't get growth
24:13 The problem is inequality
25:09 Cutting red tape and Grenfell Tower
26:06 The rich always decide

How to take over your country on Youtube​

Jul 27, 2025
Alt right political movements have proven they take power using social media. Gary walks us through how we can use their rulebook to get what we want.

49:56

00:00 Introduction
02:26 Social media's power in politics
05:05 The WWF model07:01 Economic inequality
08:08 Build a platform
17:49 The power of social content creation
26:12 Use the traditional media
30:36 You have to focus your message
35:00 Be disciplined
37:13 Challenges from elite institutions
41:27 Take a strategic approach
45:43 Balancing advocacy and content creation
48:20 What you can do – and what I'm planning

**Disclaimer: I enjoy Gary's videos and believe in a lot of his ideas but I seriously doubt that anything will change for the better. It's a big club and those in the club don't want anything to change.

Moved from Fiat to Politics as the ideas presented here are highly political.