Who's getting rich from your mortgage

Who's getting rich from your mortgage

Gerade gehört: #TheTradingGame von #GaryStevenson
Gary Stevenson, ein ehemaliger Trader und heute Aktivist und Urheber des #YouTube Channels #GarysEconomics ,führt uns durch seinen Ein- und Ausstieg auf dem Spielfeld des Finanzwesens. Das Ganze ist gut, da immer wieder auch unterhaltsam geschrieben und vom #Autor selbst immer wieder sehr gut gelesen.
Nicht wirklich #Sachbuch, aber auch nicht ganz #Biografie ,mag das, was hier versucht wird, aber nicht jedem gefallen. #Buch #Audiobook #Lesen
#garyseconomics: "Consecuencia natural de la #distribución" "Deuda pública significativamente mayor, ahorros significativamente mayores de los ultrarricos"
"O pides prestado a los ricos o les cobras impuestos"
"Mientras el gobierno se niegue a cobrar impuestos a los ricos, estos dependerán de sus préstamos, lo que significa que tendrán que hacer lo que les pidan los agentes financieros". if nothing changes #UK is f***d
#igualdad #justiciafiscal https://youtu.be/g0lEbH2kEw8?t=564
"natural consequence of distribution" #garyseconomics "significant higher #government #debt significant higher savings of the #ultrarich"
"you borrow from the #rich or you #tax the #rich"
"as long as #gov refuses to #tax the #rich they will be dependent on #borrow from the #rich which means they will have to do whatever the #finance #traders will ask of them" #UK is #FUCKED but so is the rest of the #planet for the same reason
#distribution #enquality #taxinjustice https://youtu.be/g0lEbH2kEw8?t=564
Interesting perspective on the threat put by the billionaires on our democracies. All put in a very logical way.
UK Budget – is this the end of democracy?
Garys Economics

'K-shaped economy'
I like this metaphor for understanding the growing wealth gap. 19 minute listen or read the transcript if audio isn't your thing 🙂
https://www.npr.org/2025/11/21/nx-s1-5616629/consumer-sentiment-spending-wealth-gap
Well done Zarah Sultana -
“A government Budget is not the same as a household budget.”
“The glaring omission in all of this is no one's mentioned wealth taxes. ...
“The magic money tree exists – it's in the City of London, and it's with the billionaires.
“But what you find is the lack of political will, because these parties are bankrolled by the billionaires, so they're definitely not going to tax them.”
Also, tip of the hat to Gary Stevenson and Richard Murphy, who I think have both done a lot to shift the conversation on this stuff.
https://www.thenational.scot/news/25621603.zarah-sultana-destroys-labour-fair-tax-claim-pointing/
#TaxWealthNotWork #ZarahSultana #QuestionTime #UKPol #GarysEconomics
Lasercutting every day for 100 days. Today we make a stencil! The 39th video in the series where I lasercut every week day for 100 days.
#stencil #taxweathnotwork #garyseconomics
link to gary's youtube channel https://www.youtube.com/@UC5Ghe5TBQGYIOANuiNW4hDQ
link to world economic forum chart https://www.weforum.org/stories/2015/04/12-charts-on-the-state-of-inequality-in-america/
3D print the stencil yourself: https://cad.onshape.com/documents/24325fe00efc60e9ce6e9cef/w/5f3f834197809bf397618d71/e/d133c4760557a300512710a4?renderMode=0&uiState=68fb4faaec875684d9287326
Get a 3D printed stencil delivered to your door (US only): https://teleportpod.com/portal/3db9a959-5f8d-4929-a5b2-bc13c7b67279?item=1708
comment for design files
Tēnā koe Gary, take time to rest your mind and enjoy a well deserved break from the maddening crowds.
I have really enjoyed your podcasts and passion for educating the masses. I look forward to your next installment where and whenever that is.
Big shout out from #Aotearoa #NewZealand for hosting #NZPol Green Party co-leader Chlöe Swarbrick. Was fabulous seeing and listening to you and Chlöe chatting about global economics and fixing a broken system.
Best of Luck.