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#wealthinequality

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@stephenwhq @ericschutte Yes, it's easy to blame US citizen's stupidity for this. But the same development is seen in Europe as well. The real reason for this development are unleashed (neoliberal) tech companies who influence the people according to their (neoliberal and now fascist) agenda. Secondly the sheer wealth inequality which makes a tiny fraction of private citizens more powerful than countries. - They often times are not the brightest. #taxtherich #wealthinequality #elonmusk #putin

[Financial Times]: Deutsche Bank’s highest-paid employee in line to earn nearly twice as much as chief Friday, March 14, 2025
on.ft.com/3DQCHpc

#wealthinequality #deutschebank

"Deutsche does not disclose the identity of its top earner, who is not on the board, but one individual was paid as much as €18mn last year, while in 2023, the highest earner had a salary range of €14mn to €15mn. Sewing is in line to earn €9.8mn, a 12 per cent increase on 2023"

Who says crime doesn't pay!

I will never understand what motivates the rich. Imagine if you had Musk or Branson's money. Wouldn't your home have glorious parks, libraries, art galleries stuffed with interesting works, concerts and successful sports teams? There would be no homelessness or teenagers roaming the streets with nothing to do. There would be nobody cold or hungry. Even harder to understand if you could do all of these things and still be fabulously wealthy and want for nothing.
#Socialism
#WealthInequality

In the final part of his series, #economist #GaryStevenson delivers a clear message: stop falling for the #RedVBlue illusion. The real divide isn’t #LeftVRight—it’s #RichVPoor. No matter who wins, #inequality keeps rising, and #OrdinaryPeople struggle while the #RichGetRicher.

The Truth About Money & Inequality

#MoneyIsntARealResource—it’s a tool for distributing real resources like #housing, #food, and #energy. When the rich gain more wealth, they outcompete everyone else, driving up #HousingCosts, #WageStagnation, and #LivingExpenses. People are left with more #debt—borrowed from the rich.

Why Both #Trump and #Labour Will Fail

Trump will #SlashTaxesForTheWealthy, shifting the burden onto #WorkingPeople. #Labour will invest in #growth but ignore #inequality, ensuring wealth stays #ConcentratedAtTheTop. Both approaches fail, just like #Obama, #Bush, #Cameron, and #Johnson before them.

Follow the Money, Not the Politics

Every #election, the same promises return—one side tells you to #WorkHarder, the other blames #Foreigners. But neither protects your wealth or future. Stevenson urges: #FollowTheMoney. Who is buying up #homes? Who is paying more #taxes? Who is struggling while #billionaires thrive?

This Fight Won’t Be Easy—But It’s Necessary

Your grandparents fought for #FairWages, #Education, and #Healthcare—and won. They #TaxTheRich to create a better #future. Now it’s your turn. The wealthy will fight to keep their power, but change is possible when people demand it.

The Message: Protect Yourself & Fight Back

No #government will save you. Only you can fight for your #FinancialFuture. This battle has been fought before—and must be fought again.

🔹 You can do this. We can do this. Let’s fight for a fairer future.

#Economics #Inequality #GaryStevenson #WealthInequality #CostOfLiving #EconomicJustice #TaxTheRich #WealthDistribution #MiddleClassCrisis #GovernmentFailure #USPolitics #UKPolitics #WorkingClass

Gary's YouTube - https://rb.gy/gi9yzk
Part 2, #GaryStevenson explains why Donald #Trump’s economic plans—focused on #tariffs and #immigration restrictions—will fail. While these policies sound “#AmericaFirst,” #Stevenson explains why they are unlikely to be fully implemented, and if they are, they could backfire on working #Americans.

The Immigration Illusion

#Trump vows to cut immigration, but key industries like #agriculture, #FoodService, and low-wage #jobs depend on #migrant workers. The #UK’s #Conservatives made similar promises but ended up increasing immigration to keep the economy running. Without a workforce to replace #migrants, the U.S. will face #LaborShortages, higher costs, and economic disruptions.

The #Tariff Trap

History shows #tariffs can work—but only when applied strategically. Countries like #Japan and #SouthKorea successfully protected industries, but broad, untargeted tariffs raise #consumer prices. If the U.S. lacks the domestic industries to replace imports, tariffs will cause inflation and reduce purchasing power, hitting working-class Americans the hardest.

The Real Threat: #TaxCutsfortheRich

One policy Trump will implement is massive tax cuts for the wealthy, just like in his first term. #Billionaires like Elon #Musk and Trump’s financial backers will benefit, while spending cuts will offset lost revenue, leading to job losses and reduced services. Even if taxes on workers don’t rise, their cost of living will.

Why It All Fails

#Trump ignores the core issue—rising inequality. His tax cuts, flawed tariffs, and unrealistic immigration plans will worsen economic conditions for most Americans while benefiting the ultra-rich. No matter who wins, the #economy fails for the majority.

#Economics #Politics #Inequality #WealthInequality #FinancialCrisis #CostOfLiving #RichGetRicher #TaxTheRich #WealthDistribution #GlobalEconomy #USPolitics #Tariffs #ImmigrationPolicy #GovernmentFailure #PoliticalEconomy #TrumpEconomy

Gary's YouTube - https://rb.gy/gi9yzk
Part 1 - Gary Stevenson: Why #Left and #Right #EconomicPolicies Are Doomed to Fail

Gary Stevenson, a former Citibank trader turned inequality expert, delivers a hard-hitting two-part series exposing why both left- and right-wing #EconomicPolicies are bound to fail. After making a fortune predicting economic downturns, Stevenson realized that #RisingInequality is the root cause of economic dysfunction. Now, he’s breaking down how mainstream policies—regardless of #political affiliation—fail to address this growing crisis.

In Part 1, Stevenson dissects #Labour’s economic approach, which he calls “#ManagedSensibilism.” Their plan? #Borrow a little more, #tax a little more, and #invest a little more—an approach that #economists praise but one that has already failed in the U.S. and #Germany. While #GDPGrowth and #unemployment figures look strong, ordinary people are struggling with rent, bills, and even food. The real issue is #inequality—and #Labour, like #Biden’s #Democrats, is ignoring it.

Instead of #TaxingTheWealthy, Labour will either #borrow from them—an increasingly difficult task—or raise #taxes on working people, making #LivingStandards even worse. And with the #UK in a much weaker borrowing position than the U.S., their strategy is set to fail even faster. The #rich continue to absorb #wealth like a black hole, while the #MiddleClass shrinks and the poor fall deeper into financial despair.

This episode lays the groundwork for Part 2, where Stevenson will examine the #US right-wing economic model and why it, too, is destined to #collapse.

#Economics #Politics #Inequality #GaryStevenson #WealthInequality #FinancialCrisis #MiddleClassCrisis #CostOfLiving #RichGetRicher #EconomicJustice #TaxTheRich #WealthDistribution #GlobalEconomy #USPolitics #Tariffs #ImmigrationPolicy #EconomicGrowth #GovernmentFailure #MoneyMatters #PoliticalEconomy #IncomeDisparity #SocialJustice #WorkingClass #TrumpEconomy

Gary's YouTube - https://rb.gy/gi9yzk