Gary Stevenson is a former city trader who made millions from betting on growing inequality. With his Youtube Channel @GarysEconomics he now campaigns to end the very thing he made money from and he’s written a book called ‘The Trading Game: A Confession’ about his experiences in finance and what drove him to leave a life where he earnt millions a year.
Understanding the economic system we are in is important, in many ways it defines how much money you can make. And Gary has spent a lot of time thinking about where our economy is heading. He warns, without a tax on the super rich, wealth inequality will continue to increase, leaving the majority of us much worse off.
You can order Gary’s book here:
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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.
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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
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