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15676 total appearances
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Podcast Appearances

The Diary Of A CEO with Steven Bartlett
EMERGENCY DEBATE: They Lied About The Economy Recovering! Is A Financial Apocalypse Coming?

I think, I mean, of course, when we talk about slashing of the state, they're going to use these examples like, oh, there's this wasteful government building. Everybody wants to slash government waste, of course. I'm not going to fight against slashing government waste. I'm from the UK, you know, I saw the austerity years. I've seen what's happened to local services.

The Diary Of A CEO with Steven Bartlett
EMERGENCY DEBATE: They Lied About The Economy Recovering! Is A Financial Apocalypse Coming?

I've seen what's happened to things like the police, like education, you know, especially things like youth services. You slash the state, you fire a load of people, you know, If you can get rid of state corruption, yes, 100%. If you can get rid of state waste, 100%. This is how single mums feed their kids, Stephen. You want to stop that?

The Diary Of A CEO with Steven Bartlett
EMERGENCY DEBATE: They Lied About The Economy Recovering! Is A Financial Apocalypse Coming?

I've seen what's happened to things like the police, like education, you know, especially things like youth services. You slash the state, you fire a load of people, you know, If you can get rid of state corruption, yes, 100%. If you can get rid of state waste, 100%. This is how single mums feed their kids, Stephen. You want to stop that?

The Diary Of A CEO with Steven Bartlett
EMERGENCY DEBATE: They Lied About The Economy Recovering! Is A Financial Apocalypse Coming?

Slashing the state... I don't think it's going to work. To be honest, I think tariffs is not an uninteresting discussion. I think, yeah, of course, tax avoidance is something you need to get rid of. Really, I would like to take a step back, look at the country and say, what is the state of the country? What do people need?

The Diary Of A CEO with Steven Bartlett
EMERGENCY DEBATE: They Lied About The Economy Recovering! Is A Financial Apocalypse Coming?

Slashing the state... I don't think it's going to work. To be honest, I think tariffs is not an uninteresting discussion. I think, yeah, of course, tax avoidance is something you need to get rid of. Really, I would like to take a step back, look at the country and say, what is the state of the country? What do people need?

The Diary Of A CEO with Steven Bartlett
EMERGENCY DEBATE: They Lied About The Economy Recovering! Is A Financial Apocalypse Coming?

We have a country here where the housing stock is falling apart and we're letting it fall apart because those houses are owned by ordinary people who don't have any money. If you want the country to work for ordinary people, you need ordinary people to have money. I'm always reminded of Mr Beast.

The Diary Of A CEO with Steven Bartlett
EMERGENCY DEBATE: They Lied About The Economy Recovering! Is A Financial Apocalypse Coming?

We have a country here where the housing stock is falling apart and we're letting it fall apart because those houses are owned by ordinary people who don't have any money. If you want the country to work for ordinary people, you need ordinary people to have money. I'm always reminded of Mr Beast.

The Diary Of A CEO with Steven Bartlett
EMERGENCY DEBATE: They Lied About The Economy Recovering! Is A Financial Apocalypse Coming?

He goes to places in Africa and he spends 500 quid and he gives the kid eyesight who would have been blind for the rest of their life. for 500 quid. Why are kids in Africa blind who could be given sight for 500 quid? Because they don't have any money. This is what happens when you drain your middle class. This will end up like that. I've got a friend who went to India last week.

The Diary Of A CEO with Steven Bartlett
EMERGENCY DEBATE: They Lied About The Economy Recovering! Is A Financial Apocalypse Coming?

He goes to places in Africa and he spends 500 quid and he gives the kid eyesight who would have been blind for the rest of their life. for 500 quid. Why are kids in Africa blind who could be given sight for 500 quid? Because they don't have any money. This is what happens when you drain your middle class. This will end up like that. I've got a friend who went to India last week.

The Diary Of A CEO with Steven Bartlett
EMERGENCY DEBATE: They Lied About The Economy Recovering! Is A Financial Apocalypse Coming?

He said there were people lying on the street outside with rotting limbs. That is what happens when you disempower, when you take the money away from the middle class. You've got to protect the middle class. If the middle class had money, then there would be unbelievable business opportunities for selling goods and services like your business to the middle class.

The Diary Of A CEO with Steven Bartlett
EMERGENCY DEBATE: They Lied About The Economy Recovering! Is A Financial Apocalypse Coming?

He said there were people lying on the street outside with rotting limbs. That is what happens when you disempower, when you take the money away from the middle class. You've got to protect the middle class. If the middle class had money, then there would be unbelievable business opportunities for selling goods and services like your business to the middle class.

The Diary Of A CEO with Steven Bartlett
EMERGENCY DEBATE: They Lied About The Economy Recovering! Is A Financial Apocalypse Coming?

So would you tax Daniel more?

The Diary Of A CEO with Steven Bartlett
EMERGENCY DEBATE: They Lied About The Economy Recovering! Is A Financial Apocalypse Coming?

So would you tax Daniel more?

The Diary Of A CEO with Steven Bartlett
EMERGENCY DEBATE: They Lied About The Economy Recovering! Is A Financial Apocalypse Coming?

I don't know if Daniel's worth more than £10 million. It sounds like he is. He is. I mean, I think... I want to make it clear, right? You make 5% on your wealth. So if Daniel's worth £100 million, he's making £5 million. We're only trying to tax you 1%. I think if you are worth £100 million, you're making £5 million passive income, you can afford to pay a million pound tax a year.

The Diary Of A CEO with Steven Bartlett
EMERGENCY DEBATE: They Lied About The Economy Recovering! Is A Financial Apocalypse Coming?

I don't know if Daniel's worth more than £10 million. It sounds like he is. He is. I mean, I think... I want to make it clear, right? You make 5% on your wealth. So if Daniel's worth £100 million, he's making £5 million. We're only trying to tax you 1%. I think if you are worth £100 million, you're making £5 million passive income, you can afford to pay a million pound tax a year.

The Diary Of A CEO with Steven Bartlett
EMERGENCY DEBATE: They Lied About The Economy Recovering! Is A Financial Apocalypse Coming?

You're going to still keep getting rich. The truth is, even if we were to tax these billionaires 1% a year, they would still squeeze the rest out. This is not... This is not about morality. This is just cold, hard economic analysis that I have made a lot of money betting on.

The Diary Of A CEO with Steven Bartlett
EMERGENCY DEBATE: They Lied About The Economy Recovering! Is A Financial Apocalypse Coming?

You're going to still keep getting rich. The truth is, even if we were to tax these billionaires 1% a year, they would still squeeze the rest out. This is not... This is not about morality. This is just cold, hard economic analysis that I have made a lot of money betting on.

The Diary Of A CEO with Steven Bartlett
EMERGENCY DEBATE: They Lied About The Economy Recovering! Is A Financial Apocalypse Coming?

So closing arguments then, chaps. I'll start with you, Gary. Based on everything we've discussed today, what is... I'm going to ask you to give me two perspectives, which is if I'm a young individual in this country right now, what should I do to protect myself and my family and to feed my family? What kind of behaviours, what strategy should I adopt there?

The Diary Of A CEO with Steven Bartlett
EMERGENCY DEBATE: They Lied About The Economy Recovering! Is A Financial Apocalypse Coming?

So closing arguments then, chaps. I'll start with you, Gary. Based on everything we've discussed today, what is... I'm going to ask you to give me two perspectives, which is if I'm a young individual in this country right now, what should I do to protect myself and my family and to feed my family? What kind of behaviours, what strategy should I adopt there?

The Diary Of A CEO with Steven Bartlett
EMERGENCY DEBATE: They Lied About The Economy Recovering! Is A Financial Apocalypse Coming?

But also then from a government level, I know we have some politicians that listen because they message me. What should politicians be doing to fix the issue that we're all clearly identifying, which is the collapse of the middle class, the collapse of sort of working class people and the increased wealth of the rich?