The Queen & Inequality - Interview with Germany's ZDF

[@steffanjones4185]

Superb Gary, your word will spread. I went to a very entrenched, high establishment, high social class profession at the Bar. Legal aid work, that I practised for 20 years is broken. Access to justice for the poor is next to non-existent. Barristers from low income backgrounds can no longer survive doing the most serious, life changing for clients, publicly funded work. They can only survive by representing the well off. I left the legal aid profession in 2015 and did a few months in international finance work, offshore sructures and the toothless FCA. The lack of regulation in the systemically corrupt city was truly breathtaking and I got out for moral reasons as soon as I got to grips with how the UK leads the world at inventing, aiding and abetting the rich, the powerful, the greedy and the criminal. Your work is inspiring to me to think of ways to get my experiences and insights across in a meaningful way. Power corrupts, we are in a situation here where all power lies with those able to abuse the structures we have invented, and facilitate to all of the rich around the globe. Well done, I hope that you continue to plough your noble furrow, to continue to burrow out truths. Respect brother.

[@susannehartl3067]

Came here directly from David Pakman's channel and subscribed. Both outstanding interviews. Good job Diana & Gary!

[@garyseconomics]

Thanks and welcome!

[@robertwinslade3104]

This channel needs to be way bigger than it is

[@markwelch3564]

I am watching the ZDF documentary, and one thing just struck me - I've now seen more of Burnley (where my mum was born) on a German documentary than I can remember seeing on UK TV Something is wrong with that, I think!

[@Neilhuny]

This is a great interview! I like the questions this lady asked

[@bikerpaul68]

Many thanks for the link to the full German documentary - very sobering to see our country viewed from abroad. Someone should make an English version and force every British MP to watch it.

[@CloudhoundCoUk]

As always a fabulous video. A few years ago I forgot who a multi-billionaire was interviewed and he was very worried about inequality. He felt if this isn't addressed economic meltdown, and civil unrest was inevitable. I used to think preppers were lunatics. They may be right.

[@fburton8]

Good on you, Gary!

[@martinclement2291]

Keep going Gary - informative, thoughtful and as always evidenced based!! ✊🏿

[@RenaissanceShe]

Another great interview Gary.

[@Ianpact]

Thank you, Gary.

[@atlanta2076]

The ZDF documentary as a whole paints a pretty bleak picture. It really, really saddens me to see the UK in its current state. But it's the bit at the beginning about plumber James Anderson that gives me hope. People only realize how important plumbers are, when they desperately need one. I know I recently did. And this cat? He founded a charity and does 60% of the work for free - for those in dire straits who need it most. Very touching. As long as we have people like him - and hopefully use that inspiration to act ourselves -, not all is lost yet!

[@summerrain3713]

It happens all across the world. It is just the built-in mechanisms in certain EU countries (especially in Nordics) have more durability. In Belgium bills for energy went up by 4-5 times, its insane what is happening. These prices will stay as well probably, no matter if there is cheap gas or not - so governments can fund the green economy later, trust me. There will be only kings and peasants left in 10-15 years. Gary is doing a great job at making people aware of this and some of us also share that grim vision.

[@yatima1158]

As someone who is very interesting in what Gary is saying, I come from a derelict sea side town in the UK and grew up there during peek Osborne-Cameron austerity, soon to be a PhD in mathematics I would love to get involved, or know how to be useful, and know what reliable indexes and sources of information he uses to make his inferences. I ask mainly as I don't have an economics background.

[@SkyEcho7]

Excellent! 🍻 Gary ✊

[@frusia123]

I'm sure your parents are super proud of you Gary, and they should be. Thank you, you're doing a great job ❤

[@HP-fc1sl]

I was surprised to find out Germany has income inequality. Pensioners are entitled to state pension but no housing benefit or pension credit. This means those that don't own property have to rent. The pension sometimes doesn't cover the rent, especially in expensive cities. Documentary 'Germany's poor pensioners'. Worth a watch on KZbin, DW news.

[@martinrobinson9061]

I love how Gary is able to communicate what is happening and English that is easy to understand. The channel does need to get way bigger and everyone should be spreading the word. Like the videos more and make sure people subscribe to Gary Economics channel.

[@traceyjohnson2736]

Thank you for continuing to highlight this..li will subscribe, share and start conversations.. your last comment ..”it’s driving me mad.. that’s why I’m talking about it..” same as me.. difference is..you understand the economy better than me..but your videos are educating me.. and it’s also driving me mad too,, thanks for keepin on ..we will get there

[@lightcardsatlisas3932]

Missed quite a few vids so its good catching up, and yep, youre words still stand. So much love going out to you Gary for what you do 💪💪💪

[@garyseconomics]

Thanks!!

[@harribo54321]

Thanks for this Gary

[@mattmoore5787]

Don’t let them get away with calling taxing the super rich as “seizing assets”. It’s tax.

[@jamescoe764]

The monarchy makes the idea of inequality acceptable...

[@gravesplendour3481]

This guy is the real batman, using his wealth to fight the real criminals

[@GrimReader]

You cannot tackle inequality when baked into the country is the idea that one family is divinely more important and needs your money

[@TheSlinkyinky]

You've hit the nail 💅 on the head..... there will never be ' equality' while there is a class system that is condoned by the population - as the majority want one family at the top called the Monarcy .....19 castles? Fleets of 5L cars? A train Jets and helicopters? Duchy of Cornwall Duchy of Lancashire Land owners Have 1500 staff

[@Lincoln_Bio]

"Hmm we taxed the rich less and everything went to shit, guess we'd better...tax the rich even less!" - literally every Western economy for the last 30 years

[@JohnnyMotel99]

BoJo: I want to increase wages....sorry rail unions you can't increase your wages. BoJo: I want to increase wages....folk are going to have to forget about getting paid more because inflation I suspect more and more people are seeing this Gov has no clothes. (BoJo is short for Boris Johnson, UK PM)

[@Lincoln_Bio]

@@JohnnyMotel99 Yup. They haven't got a clue because they're fanatically devoted to neoliberalism, they refuse to entertain the notion of effective taxation so all they can do is talk nonsense while the world rots. And BoJo was the little rich kid who used to toss stones over his garden fence and giggle to himself when he heard the neighbour's greenhouse windows smash, and in his first job at the Times he did essentially the same thing stoking divisions in the Tory party with his articles on Europe. He's never changed, man's a fucking troll through and through.

[@GlennLeinster]

Well done Gary open up peoples eyes I hope, you should go and get another party going with Jeremy Corbyn and like;-) the voters are there

[@ianwatson5605]

I AGREE ...WE NEED TRUE REPRESENTATION.

[@discokitchen7053]

Fun fact. The word 'real' as in 'real estate' means royal. Because all land at one point belonged to the crown. They then gave away just enough land to the smallest number of people possible to avoid an uprising, expanding the inner circle just enough to resist and push down on the outer circle. This sequence continued and you can trace it to modern land policies such as right to buy.

[@laurencedavey3121]

This makes a lot of sense, do you have a source though?

[@icrlp0570]

3.10 you can see gary's yacht in the background

[@icrlp0570]

5.55 shout out to Mohan the boss man!

[@swithgk6538]

This is all true , but its also true of most western nations I've just discovered you / vids , really enjoying them I'd love to see what you think of the eurozone, with 1 2 3 4 debt

[@nolaheart]

Gary, take your messages to Tiktok also. You have a better chance of exposure and growing your following over there.

[@peterbrailey1788]

🔥🔥🔥

[@DuncanAtkinson]

Who had the other cameras, why are they in frame? I can't hear the questions very well.

[@bigdaz7272]

I can't for the life of me understand why our Billionaire Chancellor won't Tax His Billionaire Mates, call me crazy but i am starting to think something Fishy is afoot?

[@hiphopheron]

You're still Wearing your old shoes In this video Gary!

[@garyseconomics]

Those are my current shoes! The black ones are even older!

[@robertjsmith]

@@garyseconomics Rishi Sunak wore Prada when he went up north,how out of touch is that

[@BeccaAl]

This is great Gary. The interviewers questions were straightforward and it’s a good summary of your views and objectives. Off topic… why do you always wear the same clothes when you are a rich guy? Like I don’t want to be rude dude but I’ve been watching you for a few months & you seem to wear the same beige coat, beany & nondescript tops and sweatpants, is it a political point? Or a point about how men can wear the same and not be noticed? Bc I noticed! Or is it bc you’re too busy socking it to the man you don’t have time to shop? Just wondering! 😆

[@garyseconomics]

To be honest the genuine answer to this is probably just that I find shopping very stressful. I am also mad mad busy at the moment tho so that is probably part of it.

[@BeccaAl]

@@garyseconomics ah well, no hidden meaning to it! Clothes shopping is stressful 😅 You’ve got your priorities right!

[@MrFusion182]

Top draw 👌

[@vvwalker7261]

Saying rich people don't pay taxes is nonsense. If they have a business they trade a good/service for money and they pay VAT, business tax on that money. Then they pay PAYE/NI, dividend tax to withdraw that money from their business. If they have stocks then they pay capital gains tax on realisation. The asset value will fluctuate before realisation so taxing before realisation only leads to complicating the tax code further

[@markwelch3564]

Obviously they pay some tax, but the real question is this After tax, can you have enough additional capital to buy _more_ assets? If you can grow your passive income from the returns of your passive income, then society has a problem. You reach a point where productive work isn't profitable because all the profit from work has been squeezed and redirected to passive income

[@darrenchristian4987]

There must still be lots of traders betting on economic failure. Where's their incentive to support better equality? Most owners of capital are greedy and this won't change unless politicians and politics is divorced from influence of large donors & corporations/unions and serves in the interests of the electorate. I don't see this happening.

[@Skylark_Jones]

It is depressing that you are so right 💯%. Government leaders and politicians are joined at the hip like siamese twins with the wealthy billionaire mind control police ie the media. Until we break through the media's stranglehold on public thinking - pardon the pun - we're all doomed.

[@icrlp0570]

I'm watching while this has 666 views. coincidence?

[@craigkinney853]

I don't know what's going on with my brain and I think I've posted something like this before. I'm not like a cleaver person imo but I keep reading stuff and researching and much of the stuff Gary is saying is stuff I picked up on at the start of covid. I've over thought it and now I think I getting mental health problems as I'm saying to people about what's really coming. this is not transitionary inflation its here to stay for years. what about these people who bought their first house just fore covid and were stretching themselves as it was. With both inflation and interest going up what happens to first time mortgages after the 5 year initial rate ends and interests are up around 4.5% maybe 5%. with the current energy market crisis and the Russians basically diverting there cheap gas to China and India leaving the EU and the UK to suffer. If the brics block can consume the extra gas russia will have no need to send gas to us . I worried about my mum and dad and especially my sister and even myself. my car broke down and I'm having to dump the cost of the repair onto a credit card. can't buy a newer one as the price for something that still has a warranty is a joke. last point. the amount of companies that now allow employees to work from home are sending a dangerous meage to the high street which employs low paid workers. remember if less people make their way to work then that's less retail staff during the week or sandwich shops turning profit. I've already seen it. currently in my work there is a canteen it used to be very busy, sandwich bar etc but now with more people being allowed to work fro home they have actually done away with desks and brought in meeting zones that look like a IKEA living room/kitchen . they are relying on not investing in property but off loading employees to there own homes. this resulted in them closing kout bury St Edmonds branch and the rest of the staff working from home. they only come to glasgow when needed. its apparently cheaper to pay transport and accommodation than property. sorry Gary. my head is wired due to overthinking. somethings going to give

[@GreenLarsen]

+1

[@icrlp0570]

why did you want to be a trader? ' i was poor and I wanted to be rich' 🤯🤯😆😁

[@WilliamAhlert]

The second thing led to the first thing, not the other way round. When he went to LSE he didn't even know he needed internships and that hard work and good grades are not enough. The odds were so stacked and he still achieved loads. I say big up to the fella