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Millionaire Trader Destroys The Case for Austerity

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Owen Jones

Gary Stevenson was Citibank's most profitable trader: he made his millions aged 24 after the financial crash by betting that inequality would stop the economy recovering properly. He was proved right over and over again. Now the markets have disciplined Liz Truss' protax cuts for the rich policies, that old mantra of 'there is no alternative to austerity' is back: but is that right? Using his vast understanding of how the markets and the economy works, Gary Stevenson sets out why there is nothing inevitable about a return to austerity at all.

Make sure you follow his brilliant YouTube channel ‪@garyseconomics‬

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posted by Walimiowidv