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Having a huge mortgage doesn't make you rich
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231,268 Views ā€¢ Oct 14, 2024 ā€¢ Click to toggle off description
Owning the mortgage debt does.

From this interview on ā€Ŗ@thecalumjohnsonshowā€¬: Ā Ā Ā ā€¢Ā TheĀ RichĀ WillĀ KillĀ TheĀ MiddleĀ Class!Ā ...Ā Ā 

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Performed by Gary Stevenson
@garyseconomics
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Views : 231,268
Genre: Education
License: Standard YouTube License
Uploaded At Oct 14, 2024 ^^


warning: returnyoutubedislikes may not be accurate, this is just an estiment ehe :3
Rating : 4.94 (149/9,797 LTDR)

98.50% of the users lieked the video!!
1.50% of the users dislieked the video!!
User score: 97.75- Overwhelmingly Positive

RYD date created : 2024-11-21T15:03:06.665867Z
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440 Comments

Top Comments of this video!! :3

@TheChivasRegal

1 month ago

This guy is such a breath of fresh air

676 |

@jonhughes7264

1 month ago

So clear and precise. Just cuts through all the nonsense.

193 |

@RookieEconomics

1 month ago

The wealth divide is happening here in Denmark as well.
It is like some automated function playing out in the global economy

333 |

@martinrobinson9061

1 month ago

I hope Gary got some well deserved rest and I hope heā€™ll be back doing weekly videoā€™s soon.

283 |

@xIsouLcruSHca

1 month ago

I would love to hear your opinion about companies like blackrock and vanguard and the way their business affects this topic

77 |

@dingalingalong

1 month ago

Well stated. Not everyone is in debt and poor. There are the mega rich few.

45 |

@The_BenboBaggins

1 month ago

When I speak to friends, family and colleagues, the huge missing link for a lot of people is understanding that someone sits on the other side of our costs and debts - it doesn't help that the vast majority of them hide behind faceless corporations, and on super yachts...

20 |

@ritokazoriv

1 month ago

Hi Gary, just finished your book today and I wanted to say I thoroughly enjoyed reading it!

68 |

@daddystu7046

1 month ago

We all know who they are too. Remember when Greece had its economic crisis. Only way it could get its debt restructured was if it gave up all its ports, airports, railways etc up for private ownership. Couple of massive finance companies own or will own everything in the world. Dystopian nightmare then ensues with a future so often portrayed in tv shows/movies of the genre. OCP, Umbrella, Weyland-Yutani, Tyrell - take your pick.

11 |

@rob1984p

1 month ago

Love this guy! His audio book, on Spotify amongst others, only made me more impressed.

17 |

@jaysmith8199

1 month ago

My mum and dad bought their house in 1972 on the green card scheme.
The council sold land cheaper to a builder. The council house tenants like mum and dad bought their house a bit cheaper.
The council house they lived in went back to the council for another family to live in.
That scheme stopped when Thatcher bought in the right to buy your council house.
Such a shame.

17 |

@localtrust

8 hours ago

I'm so obsessed with this guy. He explains exonomics in such a straightforward and real way. His experience and story is incredible. Highly recommend his podcast and Youtube channel

|

@colinheaton4192

4 weeks ago

An excellent voice speaking sense while all around us are lying to us, keep up the good work.

3 |

@sustainablerenewableintegr8311

1 month ago

The bankers own most, if not all, of those debts

30 |

@wallace-bv4rl

1 month ago

Re Vanguard, Blackrock and Bankers these are IMO the ā€œrepresentativesā€ (first two) and members of (bankers) the middle class. The truly wealthy are not bankers as they donā€™t work and probably (Iā€™m not 100% sure) not using companies like the two mentioned. They will have private more opaque arrangements. I believe Iā€™m in line with Gary with these comments but not with some of the commenters. Whatever I really rate Gary!

13 |

@richardalder2498

1 month ago

Keep going Gary. you're doing a good job.

6 |

@MNkno

1 month ago

Gary, thank you for making it clear that loss & gain, gain and loss, is a shift of wealth to somebody, not that the assets "disappeared", or there was a free "lucky" for one side or the other.

27 |

@mattt5689

1 month ago

Please talk about the impact of inflation on debt. Itā€™s the most under discussed topic of economics

13 |

@georgeton4991

1 month ago

EXCELLENT Gary.

20 |

@leemoore107

1 month ago

Hi Gary ,

Just finished listening to your book , and I thought it was fascinating, and very eye opening. Keep up the great work

2 |

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