EMERGENCY DEBATE: They Lied About The Economy Recovering! Is A Financial Apocalypse Coming?
Transcribed with NVIDIA Parakeet · Timestamps stay in sync with the live audio
I'm I'm sick of multi-millionaires telling kids who can't afford to turn the heating on, you just need to be more entrepreneurial. It's sick done. It's sick. Well your video where you talk about if you don't have a rich dad, you're screwed. Well to me, if I had come across your content at 19, 20 years old, I would have been screwed. My friends can't feed their kids. Okay? If it was that easy, why is everybody not telling me why people aren't doing it. It's because Can I just say one thing back on that? Today's debate is fiery to say the least, but important nonetheless, as I sat down with two leading experts in wealth and entrepreneurship and the economy to discuss the state of the US, the state of the UK, and the Western world.
The average British American are getting poorer is because they don't know how to create wealth. No, the reason people are getting poorer is because of big governments, record levels of taxes, an outdated schooling system, technology, and remote work. You sure about that? How do you disagree with those opinions? Living standards are falling because of growing wealth equality. If you allow the rich to get richer, they squeeze the middle class. The poor class out of things like housing. Let's cut that to people who are working hard and let's raise tax on the richest and most powerful people in the world. That's an overly simplified view of things. We now have a thousand millionaires a month leaving, which means every ordinary person who pays ten grand a year in tax will now have to pay 20 grand a year in tax. You end up cutting off your nose to spite your face. If we are a country that don't try and do things which are necessary because they are hard, then our kids will live in poverty. What do you want people to do? There's a lot of different ways. Buckle up. I find it incredibly fascinating that when we look at the back end of Spotify and Apple and our audio channels, the majority of people that watch this podcast haven't yet hit the follow button.
Or the subscribe button, wherever you're listening to this. I would like to make a deal with you. If you could do me a huge favor and hit that subscribe button, I will work tirelessly from now until forever to make the show better and better and better and better. I can't tell you how much it helps when you hit that subscribe button. The show gets bigger, which means we can expand the production, bring in all the guests you want to see and continue to do in this thing we love. If you could do me that small favor and hit the follow button, wherever you're listening to this, that would mean the world to me. That is the only favor I will ever ask you. Thank you so much for your time. Mm. Daniel.
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