How to stop the economy from collapsing

okay welcome back to Gary's economics today we are finally going to explain how we can stop the economy from collapsing okay so in the last couple of months I've been on tour I've been up and down the country a couple of times uh we've had a massive press campaign so I've been all over the TV radio the internet basically explaining that the economy is collapsing that it will continue to collapse and that ordinary families will be driven into poverty that our kids and our grandkids w be able to afford homes and Financial Security and um

we've been getting a lot of press and that has obviously been basically worrying a lot of people uh people should be worried because this is happening uh and people are asking me okay Gary what can we do how can we stop that and uh I've spent quite a lot of time explaining the problem but perhaps not so much explaining what we can do to stop the problem so today what I'm going to try my best to do is explain really clearly as much as possible from the ground up how I think we can stop this

economic collapse from happening all right so the very first thing we need to do is just recap very quickly what the economic problem actually is in its most basic terms and I'm going to try to explain that in a simple diagram which I'm going to draw here okay so we've got these four groups in society we've got the working class we've got the middle class we've got the government and we've got the rich now for most of history and in most of the world today pretty much all of the wealth in society the the land

the property the natural resources the businesses are owned by the rich but for a period of time after the second world war we had a situation where basically all of these groups held a decent amount of wealth so in my parents generation it was normal for even working class families to have a pension and own their own property for example so we had a period where all of these groups had a decent amount of wealth but the rich had more and especially after their taxes were cut in the ' 80s they started to accumulate more

and more and that meant that when other groups in society wanted to access this wealth wanted to use this wealth wanted to use housing property natural resources buildings they had to pay rents profits dividends to the rich and wealth started to flow away from these other groups and towards the rich and these flows really started to increase especially during the 2008 crisis and during the covid crisis and it led to a situation where really there was very large scale transfer of wealth and that is still on going and the end result was that the working

class lost pretty much all their wealth and um got into a bit of debt as well uh the the government is now massively a negative we so they've only got debt and the middle class they kept some of their wealth but not so much and the wealth of the rich just got bigger and bigger and bigger and bigger especially during covid what this meant was because these groups of society who traditionally are The Big Spenders in terms of proportion of their wealth we're losing their wealth spending fell wages fell and because these guys have much

more wealth now and these guys have less the these transfer payments which you have to make to use wealth access resources went up because you've got less resources now they've got more so you need to pay to use a greater amount of resources so these flows increased uh and now we're in a situation where basically these groups are basically wiped out the workingclass has basically nothing left these guys already living increasingly desperate poverty uh the government is like totally bankrupted they they're out um and the middle class has just this this little bit less which

they're hanging on to but it's it's gradually being sucked out and um before long they will be gone to um and then you you end up in this situation where basically the rich own everything you have no middle class nobody else owns anything and an economy like that looks like looks like Nigeria looks like India looks like Brazil and basically you have very broad poverty if you want to fix this you need to get wealth flowing back in the other direction and uh there are different ways to do this in theory you can do it

without taxes and if you are interested in non Tax Solutions for getting ordinary families their wealth back we have a video called The Wealth time limit which I did years ago but realistically I think your only realistic hope of getting the wealth back in the working class back in the middle class getting wealth to Flow Away from the rich is to quote the Dutch historian Rook bregman taxes taxes taxes I do really think this is the only way um I know it's difficult because the rich will oppose it but I think unless we can get

much higher levels of taxs on the rich I don't think there is any way we can get that wealth back to workingclass and middle class families so if we're talking about tax I always think when we are discussing the question of how can we tax the rich more tax Working Families less get wealth flowing back to workingclass families I always think it's really really helpful to break that question of tax down into two completely separate questions question one what specific changes do we want in the tax system and question to how do we make those

changes happen and um the reason why I think it's really important to separate them is because these are really just two completely separate questions this number one is a question of really it's a technical question it's a kind of it's a Tax Advisor it's a tax planners question it's um it's a technical economics question uh number two is is a question of of power it's a question of of how do we force these things and the reason why I think it's really really important to separate them is because we tend to focus very very much

on this question one especially when we are talking to people like me who are economists we want to say okay well what are the changes in the tax system what are the change in the tax system and I think this is perhaps a little bit naive to the fact that basically at the moment we are losing this debate for question two which is at the moment we're not getting any any taxes at all we are increasingly seeing changes in the tax system which tax rich people less which Which tax working people more that is true

even in countries that have Center left governments who you might think would be more supportive of richer PE of of poor people it's true here in the UK where we have a labor government it was true under Joe Biden we are seeing even under governments that are supposed to be leftwing the inability to to raise taxes at all so I think it's really important to recognize that these two things are separate because we can often end up in a situation where somebody like me is trying to make a very strong case for the fact that

if we don't change the tax system we will see basically a collapse of society and somebody who perhaps is Rich or is funded by the rich will come in and say aha but what specific changes do you want to make and they would ask you to sort of sit down and and and carefully plan a brand new tax system right there in front of them and then they will say oh well this specific problem is wrong and this is not going to work um listen I am not particularly passionate about the specific form of tax

that we take I'm aware that it is really really important that this is carefully designed to hit the richest rather than the middle class I'm totally aware of this problem and I'm aware that different forms of taxes will have different problems and I'm aware that we need to be really really careful about how we plan it how we design it um but the truth is the most important thing is that we get a change and there are a number of forms that CH that change could take I campaign for wealth taxes some people campaign for

equalizing capital gains with income tax uh some people talk about closing down the loot Poes that very rich families use to pay zero taxes these are all good plans but I don't think we should let the perfect be the enemy of the good the truth is we are losing this battle for question two and if we lose this battle for question two then your family will be bankrupted so I came into this game you know as an economist who thought a lot about question one um and I kind of became a campaigner a YouTuber I

I literally taught myself how to write a book uh because I could see we were going to lose question two so I am going to focus for the rest of this video on question two um the only thing I say about question one is I think we need to deal with the fact that some people say there's no point trying to tax the rich because reducing inequality is impossible and the answer to that is 100% it is possible because we did it in the 20th century in the beginning of the 20th century inequality in this

country across Europe across the United States was extremely high and ordinary families like yours and mine lived in Desperate poverty and over the course of the 20th century we reduced wealth inequality really significantly that got wealth into the hands of ordinary families and it led to a really significant increases in living standards which meant that our parents and grandparents lived much much better lives than people in the early 20th century did so for now now we need to focus on getting some form of change because if we spend all of our time arguing about the

specific form of the change won't get anything at all um there's no point arguing about Battle Tactics until you have an army so let's talk about how can we force these politicians to give us the things that we need all right so I as most of you will know if you've been watching this channel was a economist mathematician and a Trader I worked as a Trader from 2008 to 2014 I made a lot of money by recognizing basically exactly the the diagram I showed you at the beginning of the video which was that wealth has

was and still is being drained out of the middle class out of the working class accumulated by the very rich that was going to suck spending power out of the economy and that was going to impoverish most ordinary families I bet on that and I was very successful betting that the economy would collapse and I made a lot of money on that and I quit trading in 2014 um I was living in Tokyo at the time and I came back to London basically with this conviction that I was right in this relatively simple economic understanding

that we would see continued further and further and further worsening of living standards and I didn't want that to happen I don't want that to happen I assume you don't want that to happen because it mean poverty for for you and and your kids um and my plan was basically simply to come back to London and show people this this truth and I've been spending basically those nearly 11 years now since I came back trying to figure out how can we actually stop this crisis from happening and my plan has always been really relatively simply

this crisis will impoverish 70 80 90% of the population here in in the UK in the US in Australia in Europe wherever you're watching um and you're seeing that happening you are seeing larger and larger percentages of the population being impoverished and it doesn't make sense for the public to accept that so all we need to do is show them what's happening make it clear to them what's happening and they will reject it basically um but it's been 11 years now and we haven't achieved it yet so I would like to explain basically how my

thinking has developed and find into trying to figure out a way that we can really effectively stop it so when I first came back the first place I went to was I worked for an economics think tank in London called the new economics Foundation um I volunteered there for about 6 months um you know this is a progressive economics think think tank in London I kind of figured that these would be the guys who would help you sort of introduce new economics ideas into society their name was literally the new economics Foundation um and I

volunteered there for 6 months I met a lot of nice people some of them I'm still friends with now um but I basically became convinced that they didn't really have the capacity to really push this new idea out um there was very very little appetite for ideas on inequality uh they needed to get funding for all their individual projects and you know they could get a lot of funding for global warming stuff and kind of identity politics stuff but was basically nobody funding wealth inequality stuff um the space was quite middle class so in many

cases there were people who were not themselves being directly hurt um I make the point a lot on this channel and I think this is important to recognize crisis of inequality they impoverish 90% of the population but they make like one 2% of the population absolutely really bloody rich and these guys they benefit from it and there's another sort of 3 4% below that that are pretty well protected and I sort of found in that think thank space um a lot of these protected people basically and unfortunately whilst they are in many cases very well

meaning I I didn't see any chance of getting change essentially from that Think Tank space so I went then to University I did a two-year economics Masters at Oxford and um you can probably imagine if the think tank space was was quite rich and and quite upper middle class the uh Oxford University was unbelievably rich in middle class and um you know good luck to anyone who's trying to make change in Academia and we do need people in those spaces uh I became pretty convinced that Academia was almost completely a dead end at the moment

I think um you know we've made videos on this I think the situation of um university especially Elite University academic economics is just if the situation wasn't so serious it would be quite funny really you've got a lot of very smart kids like locked in tiny windowless rooms uh doing unbelievably complicated mathematics um without abely no idea what's happening in the world so I don't think that we're going to make change from those spaces um I eventually decided to try and move into the media space um I made that space in early 2020 and the

idea was basically you know I've spent five six years now trying to convince rich people to deal with inequality I don't think they're going to do it the people who are affected by and and hurt by this economic crisis of inequality are ordinary families ordinary families like you ordinary families like your kids and I was hoping that in the media space I might be able to basically speak to the people who are being hurt speak speak to people who are being affected instead of speaking to you know the rich guys who are benefiting and uh

that is really when I started to develop the plan that I've been doing the last four years especially the last two three years which is I genuinely think that the vast majority of people in this country and I think this is true if you're here or in the states or in Europe or Australia do not have a single person in the mainstream media who is communicating effectively clearly understandably what is happening in this economic crisis that is increasingly devastating living conditions for millions of ordinary families across the world and I started to feel that there

was a a a massive Gap basically like a huge gap a huge gap to fill basically telling people what is happening and I started to feel that really strongly during covid that basically the quality of our economics media was extremely low um the quality of our politics from an economics perspective was extremely low um and we were because of those failures we were going to see a continuation of fall in living standards but we were going to see this enormous unmet demand for somebody who was simply talking about and explaining what is actually happening in

the economy okay so let's talk about what is happening in economics and and politics uh I think you basically have two strands of economic thought and two strands of political thought which is you have this kind of old school the kind of dominant economic ideology of the last 30 40 years which is really I think personified by the current labor government which is if we just do everything a little bit more efficiently um things will get better there's no explicit focus on inequality at all they often tend to focus on trying to change the system

in such a way that it benefits the rich which means inequality tends to get worse over time and living standards for for the majority while this kind of semi- elite group of politicians and economists themselves are protected um this is really clearly dying you can see it in the complete collapse in in support for almost all of the traditional Center left and center right parties across Europe um those parties are only really hanging on in the UK and the US um under systems which basically make it almost impossible to replace them and you're seeing them

you're seeing even in those countries those parties become extremely unpopular and and and die that creates this massive massive gap for new ideas so I think we are here in this space now there is a massive massive popular demand for new ideas and really the political left has almost completely failed to put any new ideas on the table and that Gap is being filled by a new political right which I think has been very effective in doing things like utilizing social media utilizing influencers especially on the right to basically sell a new political story and

they are in a sense taking advantage of the exact same thing which I've just described to you which is that politics is has failed media has failed there is massive demand for some something which is new because people know that the status quo is failing and these guys are fing that Gap with the problem is foreigners the problem is immigrants and they will be very successful you know they clearly have taken power of the US government they will increasingly take control of European governments and they have taken control of many European governments they are successful

I think not necessarily because they are good I think simply because no no one else has really tried to to occupy that Gap I think there is massive demand for and massive potential for a simple message delivered to working people the reason you are getting poor is because your wealth is being squeezed out by the rich and the super rich they are taking the wealth from you you are't aable to compete with them the working class is being bankrupted the middle class is disappearing tax wealth not work I honest ly think we have a chance

of of winning power on that and I think in this country in the short term our our because we have this Centrist party in power our problem is how do we squeeze the center on that um and I think the power we have is that the center is number one phenomenally unpopular and number two will fail on the economy so I think we we really have power there the longer term risk is not the center because I think the center will will progressively lose popularity but these new Riot ideas the problem we have is that

they will always be much much much better funded than us um quite simply because once billionaires realize that the long-term battle is a battle between tax the rich and blame the foreigners the billionaires will increasingly aggressively fund blame the foreigners as an idea but we do also have a kind of trump C against this new right which is when it comes to Economic Policy almost all of these new right parties want to slash taxes on rich people um and I think that's partly ideological and I think it's partly because they're funded by billionaires and you

know that's what the billionaires want which means that even in the cases where these guys do take power and we've seen it in some European countries but you know most obviously we've seen it recently in the US these guys will also preside over an increase in wealth inequality which will mean again a squeeze of assets away from the middle class away from the working class and further Falls in ordinary fam's living conditions so these guys whilst they will be very well funded and they are very clearly in the ascendancy they have a really really serious

weakness which is they are literally impoverishing their own supporters but this is not just the weakness of the itical right this is also the weakness of the political Center you know I put a video out a few weeks ago saying uh Trump and label both fail because they will both allow wealth inequality to increase which means the squeezing out of wealth from ordinary families to the rich and as much as you know this movement is small and it's it's almost completely unfunded the power that we have is both of our competitors are actively impoverishing their

voter base aggressively impoverishing their voter base so I think we really really have a chance by pushing a single message again and again and again wealth inequality what is making you poor the only way to protect your families from poverty is to get the wealth back from the very rich that means fixing a broken tax system which taxes you at higher rates than them it means changing the tax system to tax them more to tax you less tax wealth not work now I want to make it clear um because I'm in the business of predictions

what will happen if we don't get this onto the table if we don't get this idea onto the table then we will be left with essentially the two voices on the table that are already there which is one this kind of tired old centrism where we just say business business business growth growth growth entrepreneurship entrepreneurship entrepreneurship to ourselves again and again a million times whilst we impoverished the working class and this new right idea of the problem is immigrants the problem is foreigners and because you have only two two basic ideas on the table what

you will have is you will get one party in power so for example in this country we currently have the boring centrists in power they will oversee a growth in inequality and they will become very unpopular and they will be replaced by a the problem is foreigners party and the problem is foreigners party will also watch inequality grow and they will eventually become popular and people vote the boring centrists in again and what you will see here is the right-wing party the problem is foreigners party has space to move into which is they can say

Okay the reason we failed was because we weren't hard enough on foreigners they can Rebrand and they can come in further to the right and you know this is basically exactly what we saw in this country you know we had David Cameron who was this kind of essentially a boring Centrist and he was replaced briefly by Theresa May but eventually by Boris Johnson who was essentially a a ref flanking to the right of of the political right which is you know we don't want to he he really was a replacing of a boring Centrist with

the problem is foreigners and when he lost he was replaced by very briefly LZ truss who again was flanked further to the right and when she immediately crashed the economy we again got boring Centrist Rishi sunuk and he was replaced by Boring Centrist kiss dama and what you were seeing now in this country is the growth of Nigel frage who is again the political right moving to the right and you'll see the same thing in the US so in the US you have Donald Trump he is a the problemist foreigners politician he will fail he

could be followed by another boring Centrist or he could be followed by another new sort of rebranding of the political right which is what we need to do is is be more extreme on the right and uh billionaires will probably be funding these these new ring parties because they see them as protecting them from from taxing the rich and what you'll see is eventually the these riing parties will will become more and more extreme because it's the only way you can keep winning elections when you keep failing on the economy you you what you are

being popular for is is blaming foreigners and immigrants and if you're not succeeding on the economy you can just you can keep doubling down on that you have space to the right to go into whereas the center kind of have nowhere to go they will become increasingly unpopular so um I think we have to be realistic about this that leads you over a period of time from what might may initially have been sensible seeming the problem is foreigners politics closer and closer and closer to real fascism I mean that is that is where it goes

and I'm not saying frage is a fascist I'm not saying Trump is a fascist that is where it will go over time this is exactly what happened in the early 20th century that is is what will happen if we do not get a new voice on the table and I think it's worth sitting and thinking about that for a minute because I know we we we live in countries you know here in the UK I know we've got a growing us um viewership we live in countries where politics is increasingly factional and people who view

themselves as on the left hate people who view themselves as on the right people who view themselves as on the right hate people who view themselves as on the left the way this will go will be a I was going to say slow but it could become increasingly quick slide into fascism whilst both of you those of you who view yourselves as on the left and those of you who view yourselves as on the right will slide further and further and further into poverty so I think it's really really important that you recognize neither of

these groups are going to give you what you need which is your houses back and your ability to be able to have a family okay so this is a fight which I genuinely believe we can win not because we are strong not because we are well funded but quite simply because we are competing with two political ideologies which are both bankrupting the public bankrupting 80 90% of the public and that makes them very weak to a campaign which basically simply reveals the truth of what is happening which is the reason you are getting poor is

because the rich are eating your cake they are squeezing you out they are taking your assets they're driving your family into poverty the power that we have is really we've got two Powers one we are the only voice which will protect Ordinary People from poverty and two we have strength in numbers this is this is genuinely in the financial interest of the vast majority of people both on the political left and on the political right this works for them financially so I genuinely believe this is a fight we can win the problem is we're not

fighting it there's just not enough people getting this idea into the public domain and I want to talk a little bit about two ideas one is the Overton window and the other is message discipline so the Overton window is an idea in I guess in politics that there's a kind of window of ideas which are considered acceptable sensible normal non-extreme at a given point in time um we've got some videos on this channel uh maybe I'll link one in the description talking about why economists don't talk about wealth inequality um the vast V majority of

economists are rich people who are not being hurt by this they're benefiting from it and they do not think inequality is the problem that means that at the moment focusing on and centralizing inequality wealth inequality as the core problem is not popular with economists and it's outside the over to window this really is the key challenge that we have and people sometimes ask me you know why don't labor talk to you why don't labor get this idea in their Manifesto really it comes down to very simply that answer this is outside the over to window

um the group of people in this country and in most countries across the world who decide what is acceptable what is sensible what is wise is a very small group of of rich and Posh people and they've decided that this idea is is simply unacceptable um we need to push back on that but in order to do that we need message discipline so this is the second concept I want to introduce uh message discipline is again another political idea this is the reason why when when politicians go on TV they're always unbelievably painfully boring which

is that they get told by the political party if this subject comes up you have to say this and when they go on the TV they're not really thinking what's my opinion on that what do I think about that they're thinking what has my political part party told me to say about this issue and for that reason when politicians go on TV they all say the exact same thing again and again and again and again again and the reason they do this is this is how you get an idea into the Overton window if you

say an idea again and again and again and again and it's important that a variety of people say it and the you guys out there H 25 different Posh looking smart sounding people saying the same idea the problem is immigrants the problem is immigrants the problem is immigrants on the TV then you start to believe the idea this is how an idea goes from being crazy wacky unbelievable no no way true to being Common Sense an idea travels from being absolutely outrageous to being commonly accepted as common sense simply by lots of people saying it

again and again and again and again and again now I'm not a political party we don't have a political party we will and are trying to implement the political parties what I have is this YouTube channel and you and we need to start using this message discipline now I need to keep saying and you need to keep saying and you need to get your friends and your family to keep saying obviously the reason why you guys are getting poor is because of growing wealth inequality and you can choose when you push that message either to

use my name in my videos or not so you can go to your friends and family and say hey look there's this guy Gary's economics I think he's explained it really really well I think if you watch his videos it's really compelling that actually the reason for growing poverty is inequality um I think it's important that you to stress this you you increasingly say it's obviously true because it is obviously true obviously you cannot squeeze all of the wealth out of the middle class and not expect poverty you cannot concentrate the wealth into an unbelievably

small group of people and not expect poverty these things are obviously true and we need to make it understood that they're obviously True by saying them again and again and again and again and when I say you can use this Channel or not use this channel what I mean is if you think it's the best way to convince someone to send to that that podcast or to send them to our understand the economy series do that but I think one weakness that that we have one weakness that I have is that this channel is called

Gary's economics the logo is like my face and it's become very attached to my personal brand it's very very important that these ideas are not 100% attached to these are Gary Stevenson's ideas because it's easy to take out one guy basically you know I know how this is going to work if this keeps growing at the way at the rate that is growing I will get attacked more and more and more and more and more by the Press by by the media and eventually these guys will land a punch that's going to land and I

will probably be gone and I understand that's how it works it's important that rather than just saying go watch Gary's economics that you start understanding these ideas yourself and talking about them as your ideas as ideas that are obviously true that you understand it's really really important that we have a diversity of voices saying this and that it's not just me it's not just me um and that brings me to another weakness that we have which is um we need broader buying from powerful spaces so what I mean when I say that is um I

decided very consciously to move to a YouTube channel as opposed to writing for the guardian for example because I felt that it would be meaningful to workingclass people to see and hear somebody from a workingclass background speaking about the economy and I think that is one of the reasons why this channel has been popular I think that's one of the reasons why the book is popular because workingclass people really want to see somebody from the same place as them speaking about the economy that makes me a powerful Communicator to Ordinary People to the working class

but it really really hurts me when I'm trying to communicate to people in positions of power so when I say that I mean high level politicians or really any politicians people in the media high level economists Central Bankers people in think tanks and people in the Civil Service you know there's this it's a relatively small group of people who control the levers of power and almost all of them are rich Posh people that come from Rich Posh schools and they don't like me they don't like the way that I look they don't like the way

that I sound they don't like the way that I out of nowhere having made a ton of money and say you guys are all idiots you guys are all wrong and that's very understandable that's very very understandable so we need and what I need you to do if you can is to act as a goal between to basically you act on two levels which is number one you really make this Common Sense wisdom on the streets amongst ordinary British men and women or American men and women if that's where you are get everybody to understand

it but if you are able to get into positions of power or or Influence People in positions of power politicians media influencers celebrities you know love to get Carol vman on the channel if you're interested um Civil Service academics if you can get into these spaces or influence these spaces especially if you sound less working class than me I need people like you to act as goet twens and don't go in there and say oh Gary's economics is is really smart and you guys are idiots go in there and speak in your Posh voice and

say hey I think this idea is um I think this idea could this poverty could could be caused by inequality we need academics saying it we need people on the political left saying it we need people at these think than saying it we really really really need more diversity of voice we are all part of this conversation so I need you to boost the ideas boost the videos boost the channels but also start trying to spread them trying to understand them yourself I want to see academics at Oxford or at Harvard or at Cambridge or

LC writing papers saying we think the reason for growing inequality for growing poverty is growing inequality I need other people saying it other people saying it with voices like that it can't just be me uh and if we do that I think we can win I think I think we can win you know it's I've been doing this for a long time and I never expected it to kind of grow at this unbelievable Pace that is growing um and it's quite scary for me to be honest to see the like the the growth on the

channel and and the the the books been number one for six weeks now and I just yeah I get recognized all the time it's it's it's scary and it's weird but basically I was always convinced that a simple true message which could continually be repr proven by predicting better than the mainstream media predicting better the mainstream politicians would be believed by the public and I think it's starting to be proven to be true um so my message to to you guys is get on board start singing from the same H sheet get some message discipline

if you're out there in the political left ask your political party you're associated with or your Think Tank you're in or the groups you're associated in why are we not talking about inequality as the cause for poverty why are we not saying that if you're on the political right if you're a member of the conservative party if you're a reform voter ask them why are they not saying that you know this is not a left right issue this is a poverty issue this is going to happen in every country and it doesn't matter who's in

charge both Donald Trump and labor are presiding over increase inequality you know call into LBC ask them you know why are you not talking about inequality inequality is blowing up know stock markets are alltime highest the rich are richer than they've ever been and your ordinary families can't turn the heating on you know make it common sense of course it's inequality of course it's inequality say it again and again share it share it with your friends share it with your family share it with anyone who is any position of power you know call into the

call-in shows make this the new common sense and I guess this brings me to the final point which is a lot of people want concrete actions they say to me what can I do Gary what can I do you freaked me out you scared me what can I do and I want going to finish this video by trying my best to give like a really clear answer to that question of what can you do the first thing I want you to do is take a big breath in when a big breath out and recognize this

economic situation is an economic situation that is going to get worse is an economic situation that is going to get worse um this situation of dis La of immigrants dislike of foreigners is also a situation that is going to get worse both of those things are going to affect different people differently you know if you are not the poorest think about how that's going to affect people poorer than you if you are not on the sharp end of the anti-immigrant anti-foreigner hatred think about how it's going to affect people who are the reason I I

say those things it is twofold the first one is I need you to be ready emotionally for the difficult and divisive times that are coming because if you are angry if you are frightened if you are scared I can't do nothing with you I can't do nothing with you I want to tell another quick story from when I went on Piers Morgan a few weeks ago so when I went on peers was running like quite late like an hour maybe like an hour 20 minutes late which I had to sit in the green room with

uh Dave ruin and his Entourage for for an hour and 20 minutes um they're very nice and while we were in The Green Room we could we could see on a big TV the interviews that that P Morgan was doing and um I don't watch P Morgan's Channel normally but I watched these about an hour of interviews I think it was two interviews before I went on and I could see what they what they were doing right they they have their left wing head and they have their right wi head um and both the interviews

before mine they had the left wing heads were all black and the right wi heads were were all white um and they tried to say things to make that leftwing head angry to make them to make them lose their temper um when I was on they wanted to get I think there was a there was a transsexual who they're trying to get her angry about the the Olympics or something just trying to get to say something outrageous try to get to lose her temper then they look to the AUD they look to the audience and

say look this is what those people are like and what they're trying to do is is cause division they're trying to cause division they're trying to make you hate each other they're trying to make you angry they're trying to make you think those guys out there are your enemy and when I say that I'm not just talking to the political right I'm talking to the the political left as well they want you to hate each other they want you to be angry listen here in the UK in the US all over the world the working

class is multi-racial it's multiethnic it includes people includes men and women includes people who own houses people who don't own houses if you hate each other if the men hate the women and the women hate the men and the white people hate the non-white people and the non-white people hate the white people I can't do nothing with you we will never be able to stand together we will never be able to fight we'll never be able to win the power that we have is that there's more of us that is a power we only use

if we fight together we cannot afford to allow ourselves to be frightened to be scared or to hate each other the second thing is I need you guys to be prepared for a long fight we don't win this tomorrow we don't win this the next day we don't win this next week we don't win this next year okay your grandparents your great grandparents your great great grandparents fought for generations for the kind of ability you have to own assets and that your parents had to own assets this is not a fight we win quickly the

reason that I say that is is that I know people want me to arrange some kind of March on Parliament and we talk about this a lot I don't want to get you guys to go crazy email your MP every day march on Parliament use all your energy and then be in a situation where we're not in a position to get anything I don't want you guys to be disappointed this is a long fight you need to conserve your energy for a marathon not a Sprint okay we build we build we build we build we

build we build and then we go together and we win when we have enough power we can win the argument we are fighting against two political ideologies which will definitely drive your family and your kids families into poverty they've got nothing to offer you the argument is there the argument is simple we need to get wealth back into the hands of ordinary families that means taxing working people less and rich people more tax wealth not work protect ordinary families make it common sense tell your friends tell your families build the movement support other people who

are saying the same things be that person yourself we need more voices singing off the same him sheet we can win this argument you win the argument you get the power you change the tax system and then you get your assets back and that is how we stop the economy from collapsing good luck thank you send it to your mom send it to your friends to your family good luck