The Podcast of the Lotus Eaters - The Podcast of the Lotus Eaters #1472

00:00:00.000 Good afternoon and welcome to the podcast of Lotus Eaters episode 1472. I'm your host Harry,

00:00:05.840 joined today by Beau and returning guest Nate. Glad to have you back. And today we're going to

00:00:11.620 be talking about Zach Polanski potentially going to prison, I hope. Fingers crossed. Maybe that's

00:00:18.400 not the principled answer, but I hope he goes to prison. We're going to be talking about Gary's

00:00:22.720 economics quitting, sadly not going to prison. And then I'm going to be talking about Samson

00:00:27.200 being made homeless by the price of RAM. Before we get into that though, just to let everybody

00:00:32.260 know, later on today there is a Christopher Nolan Odyssey roundtable featuring, that's

00:00:42.640 going to be for premium subscribers to the website, that's going to be Carl, Dan, everybody

00:00:47.120 in the office who decided that they wanted to go and give Christopher Nolan money for

00:00:50.880 some reason I chose not to, I had better things to be doing. But if you want to hear about

00:00:55.820 the Odyssey

00:00:56.740 and how bad

00:00:57.920 of a film it is

00:00:58.660 then you should

00:00:59.140 tune into that

00:00:59.880 also watch

00:01:00.600 Breakfast with Beau

00:01:01.360 yeah definitely

00:01:02.840 watch

00:01:03.360 Beau's Breakfast Club

00:01:05.240 hashtag the real BBC

00:01:06.360 hashtag the real LBC

00:01:08.580 Lotus Eaters Breakfast Club

00:01:09.760 well there you go

00:01:11.240 8am

00:01:11.640 join the glorious

00:01:12.340 band of chosen few

00:01:13.140 my band of brothers

00:01:13.960 it's the best thing

00:01:15.540 bass takes in the morning

00:01:16.560 with that

00:01:17.800 tell us about

00:01:18.580 the Victorian punishments

00:01:20.120 we'll be meeting

00:01:20.720 upon

00:01:21.540 Zach Polanski

00:01:23.320 please

00:01:23.720 the gibbet

00:01:24.920 always the gibbet

00:01:25.720 good

00:01:26.760 no I'm joking

00:01:27.360 I'm joking 0.79

00:01:27.940 you forgot to shoo

00:01:29.440 Islander magazine

00:01:30.000 you can shill it now

00:01:31.100 Islander magazine

00:01:32.720 it's out

00:01:33.220 have you got yours yet

00:01:35.400 it's hot off the presses

00:01:36.380 buy it

00:01:37.160 get it done

00:01:38.080 you're doing it

00:01:38.740 do it

00:01:39.280 aggressive

00:01:41.460 or you're getting the jibbit too

00:01:42.960 calm down a bit

00:01:43.980 dial it back a bit Beau

00:01:44.940 yeah I know

00:01:45.360 I know right

00:01:45.940 should I do my second

00:01:48.560 yeah

00:01:49.720 let them know that

00:01:52.400 you're completely dead eyed

00:01:53.380 it means nothing to you

00:01:54.560 this is just

00:01:55.080 justice being meted out okay we gentlemen we need to talk a little bit about polansky gate

00:02:02.560 or paulden gate hmm paulden gate real name dave paulden i always forget that yeah just i'm just

00:02:09.820 calling him dave that's his real name dave that's what people in his family and friends would have

00:02:14.820 called him his whole life right or nearly his whole life would have called him dave wouldn't

00:02:17.800 they so his name's dave his mama called him dave i'm gonna call him dave dave sounds too like normal

00:02:22.820 too personable for a freak like polanski yeah so what happened what are the facts because we

00:02:30.700 haven't covered it yet on um lotus have we we thought we should i suppose it's been in the like 0.58

00:02:36.080 the the the news cycle last couple of days we better cover it yeah the greens did what disgusting

00:02:43.240 thing now i suppose we'll have to cover it all right so he tweeted samson can you get my links

00:02:50.060 is this is this yeah this is your one this is the ones yes there you go okay it's this it's

00:02:54.700 basically this this is the ferrari uh that on instagram dave posted or reposted somebody else

00:03:02.200 that had a collection of 20 odd photos one of which was this this weirdo now that is this genic

00:03:10.300 weirdo a genetic specimen yeah that's a specimen and a half you know what's comical about this guy

00:03:15.160 just as a quick tangent

00:03:16.300 that's one of two

00:03:18.060 he's a twin

00:03:18.880 and both of them are freaks 0.80

00:03:20.880 both of them look 0.86

00:03:21.640 DP Audits

00:03:22.620 yeah but DP Audits

00:03:23.860 on Twitter

00:03:24.280 has been sharing videos

00:03:25.620 where he's been interacting

00:03:26.520 with these two

00:03:27.580 absolute left wing

00:03:29.120 isgenics

00:03:30.140 and they 1.00

00:03:31.040 there are sight to behold

00:03:32.440 it's quite interesting

00:03:33.340 so not a surprise

00:03:34.740 that he's walking down

00:03:35.660 the street wearing that

00:03:36.580 that's interesting

00:03:37.440 you know more about it

00:03:38.320 than me

00:03:38.440 because I don't know

00:03:38.900 really anything

00:03:39.400 I don't know anything

00:03:40.100 about this actual dude

00:03:41.520 and his world view

00:03:42.860 and anything like that

00:03:44.100 so

00:03:44.500 Yeah, typical left-winger attends all the events,

00:03:47.180 tries starting fights with people.

00:03:48.560 Oh, really?

00:03:49.060 Yeah.

00:03:49.320 Oh, right.

00:03:50.240 Yeah, like an actual...

00:03:51.260 Just like a notorious green activist type.

00:03:53.340 Yeah, typical Antifa type bloke.

00:03:55.680 Yeah.

00:03:56.780 Trying to start fights?

00:03:57.800 Yeah, yeah, genuinely.

00:03:58.640 So again, you can go on Twitter, DP Audits,

00:04:02.220 sharing loads of videos of them all.

00:04:04.760 Oh, right.

00:04:05.120 Yeah, quite crazy, really.

00:04:07.120 So I didn't even know that,

00:04:08.320 that he's well-known on the scene in a leftoid scumbag.

00:04:11.760 All right, well, there you go. 0.84

00:04:12.660 So, I mean, it is sort of what it suggests, isn't it?

00:04:15.560 Why would you wear a cap like that?

00:04:18.320 Like that sort of Lenin-style cap, but in rainbow colours.

00:04:21.880 Whilst also with like a Muslim-looking beard as well. 0.99

00:04:25.900 Yeah, that is a bit of the ginger jihadi style, isn't it? 1.00

00:04:29.440 While in a better world, his general freakishness 1.00

00:04:32.740 would be the main point of the story.

00:04:35.080 Yeah, sorry.

00:04:35.920 I believe that it was his shirt.

00:04:38.160 It's the T-shirt.

00:04:38.880 So, anyone that's only listening to the audio of this,

00:04:41.500 This dysgenic weirdo pinko freak. 0.95

00:04:46.100 He's wearing a T-shirt, just a black T-shirt with a picture of a guillotine on it. 0.99

00:04:49.760 And above it, it says, we're only making plans for Nigel.

00:04:53.640 Which is, of course, lyrics to an old 1979 XTC song.

00:04:58.380 Good tune as well.

00:04:59.460 Yeah.

00:05:00.960 He's got a future in British steel, hasn't he?

00:05:04.040 Not anymore.

00:05:04.820 We only want what's best for Nigel.

00:05:08.160 Okay, so there you go.

00:05:09.700 the suggestion is

00:05:11.040 the suggestion is

00:05:12.260 isn't it

00:05:12.660 that they want to kill

00:05:14.380 no they want to guillotine

00:05:15.680 Nigel Farage 0.85

00:05:17.200 that's the French Revolution

00:05:18.240 I mean it's not so much

00:05:19.140 the suggestion is it

00:05:20.000 I mean it's an outright

00:05:20.680 statement

00:05:21.260 you can't infer

00:05:22.400 anything else from that

00:05:23.280 that's right

00:05:24.080 this guy

00:05:25.260 this

00:05:25.760 this

00:05:26.240 hulking brute

00:05:27.940 this mountain

00:05:29.060 among men

00:05:30.160 is gonna

00:05:30.540 hold Nigel down

00:05:32.220 personally

00:05:32.840 as they slot his head

00:05:34.260 into the guillotine

00:05:36.080 that what's gonna happen

00:05:38.700 this guy

00:05:39.680 arch-revolutionary.

00:05:41.480 Although, to be fair,

00:05:42.320 all the French revolutionaries,

00:05:43.600 you see pictures of him,

00:05:44.480 well, obviously paintings of them.

00:05:46.280 They're all incredibly dysgenic.

00:05:48.020 So he comes from a long line.

00:05:50.240 Also, if he is aware of the terror

00:05:52.280 and the events of 94, 1794...

00:05:55.080 It certainly is.

00:05:55.760 It was the people that did,

00:05:58.240 that instigated the terror,

00:05:59.560 themselves got their heads cut off

00:06:01.280 before very long.

00:06:02.440 But okay.

00:06:03.440 Well, I mean, would you be

00:06:04.520 particularly happy taking orders from this? 1.00

00:06:06.920 no the first Italian man comes along and says I'm going to sort this out they all just flock to him

00:06:15.200 instead so okay Dave Paulden who's decided to go by the name Zach Polanski now the leader of the

00:06:23.480 Green Party reposted somebody else on Instagram now he said he didn't even know now I'm not on

00:06:32.660 Instagram I've never been on Instagram I know Twitter inside out I know whether a claim like

00:06:36.400 that is uh you know believable or not are you on instagram are you on instagram i am is that

00:06:42.800 believable well instagram is a picture platform it's literally there for pictures is it likely 0.61

00:06:50.040 that he wouldn't have clicked through them and just reposted it is that if he's an idiot well

00:06:54.600 i mean yeah if okay if he's an idiot he would have shared something that he didn't actually

00:06:59.520 look at which i could believe also seems i mean yeah i mean that's what you said but why would

00:07:06.060 Also, either way, we have a documented case of the leader of the Green Party,

00:07:11.100 the Insane Party, sharing this dude with a shirt

00:07:15.060 that's just saying, we want to murder Nigel Farage.

00:07:18.680 But he could have been tagged in anything and still approved it.

00:07:21.820 I mean, this is the thing of that kind of behaviour.

00:07:24.000 I mean, he could have been tagged in a bunch of lewd images

00:07:27.980 and he just accepts them all, does he?

00:07:29.980 Like, it's a bit, do you know what I mean?

00:07:31.620 No, when it's the lewd images,

00:07:32.940 Zach Polanski definitely looks through all of them.

00:07:35.240 Yeah, true.

00:07:35.680 As I understand it, he actually re-shared it.

00:07:39.640 It wasn't just that someone tagged him in it.

00:07:41.660 He re-shared it but said he didn't click through all the images

00:07:45.660 to see exactly what he was re-sharing.

00:07:48.280 So, okay, when this first happened, Reform and Nigel and Zia and Leanne,

00:07:54.880 all of them really, came out and I think absolutely rightly 0.84

00:07:58.540 were not best pleased.

00:08:02.860 I wouldn't be.

00:08:03.920 right it is it isn't sort of cool is it it's not it's not okay they came out and they said look

00:08:11.240 well Nigel came out didn't he and he said he said look blatantly blatantly inciting um violence and

00:08:19.280 or murder well the thing is it this comes what two and a half weeks after Anne Widdicombe had

00:08:26.060 her head bludgeoned in 21 times with a hammer people keep overlooking all of this um that's

00:08:33.220 it's really key important information key important information like is the political heat

00:08:38.880 from coming from left wingers has been ramped up and up and up and up and up and up and now they're

00:08:44.780 like oh but don't worry about it bro it's just a joke it's like yeah okay but situations have now

00:08:49.980 deemed it that you've got to take these kind of things substantially more serious well even if

00:08:54.860 you were just to say it's a joke they do want to kill us they have history of actually killing

00:09:01.120 people or at least being on side and not disavowing when people are actually murdered

00:09:07.500 and let's not forget as well um less than a year ago still charlie kirk was murdered

00:09:12.680 in front of uh you know hundreds of people the video was seen by probably millions of people

00:09:18.720 and people who you could call his associates or at least people who associate and work with him

00:09:25.340 even if they're on the opposite side like hassan piker who he'd met with in person shook his hand

00:09:30.600 debated him in person hassan piker goes on stream now and dances to music making fun of the fact

00:09:37.260 that the guys this guy was killed so you can't say like well zap polanski's in the westminster

00:09:41.460 political system of course he's not actually meaning anything like this he would never support

00:09:45.700 anything like this no these people will look you in the eye they will shake your hand and they will

00:09:50.040 celebrate your brutal murder so why shouldn't you believe that that let me just go up here

00:09:56.400 that this man this man right here would want you dead for disagreeing with him i don't see any

00:10:05.280 reason not to think that yeah fair enough no i would have thought what's really in the deepest

00:10:12.800 deepest depths of dave paulden's heart and soul i wouldn't be surprised if it was something

00:10:18.840 extremely extremely dark yeah i wouldn't be surprised but who knows really but yeah yeah

00:10:24.560 right and there's lots of other examples aren't there i mean david amess uh yeah so okay he said

00:10:31.380 after reform in my opinion absolutely rightly were annoyed and upset and appalled by it he said

00:10:39.580 one he didn't realize that particular image was in there two he sort of unshared it or deleted it

00:10:46.580 whatever you do on instagram i don't know um and he didn't mean to cause division

00:10:50.300 Reform then actually referred it to the police, to the Met Police

00:10:55.720 The police have said, they confirmed they've received a complaint

00:11:02.760 And that they've got inquiries now ongoing

00:11:05.060 Haldon himself has said he hasn't been spoken to or approached by the police yet

00:11:10.440 But he did very, very pointedly fail to apologise

00:11:15.920 When asked, he refuses to apologise

00:11:20.460 Well, mistakes aren't a defence under the law

00:11:22.780 and changing your mind or realising things.

00:11:25.760 That's not a defence under the law.

00:11:29.560 It's Lucy Connolly, wasn't it?

00:11:32.040 That's her name.

00:11:33.080 She found out, as many other people found out. 0.86

00:11:38.360 You know, don't make the laws. 0.99

00:11:40.420 The laws are there.

00:11:41.700 They've clearly been enacted against right-wing people

00:11:44.840 or at least anti-establishment people,

00:11:47.400 been weaponised in a way.

00:11:48.840 and yeah we have a track record of track record history of this now actually not being a defense

00:11:57.080 weird that he thinks he can fall back to that being a defense well there are the examples of

00:12:02.980 like that that lucy connie or lots lots of people actually oh yeah lots lots of people where they

00:12:07.480 haven't really done what i would think is much wrong at all and yet they get full-blown custodial

00:12:13.520 sentences not just a criminal record and uh a suspended sentence or a fine but an actual

00:12:19.220 custodial not even short custodial sentence for things less than this yeah i mean you look at that

00:12:25.720 um sam elia for example um peter lynch yeah the judge is actually saying you haven't done anything

00:12:34.340 wrong actually saying you haven't broken a crime and yet slap here's a custodial sentence anyway

00:12:38.580 Make an example of you, yeah.

00:12:40.240 Have a quick listen to what you said, Dave Paulding.

00:12:43.200 It feels quite surreal to be having this conversation

00:12:45.280 because I think, first of all, it's important to establish the facts.

00:12:48.140 This was not my post.

00:12:49.640 It was a collaboration from a photographer.

00:12:52.280 It had 20 images and I just didn't look carefully enough

00:12:55.020 and I accepted it.

00:12:56.360 As soon as I was aware of what happened,

00:12:58.560 I unaccepted it and took it down.

00:13:01.020 I think it would be odd for the police to speak to me about that

00:13:04.840 because I think it's quite obvious that I've not done anything wrong

00:13:08.020 other than making an inverted mistake that being said if a police do want to talk to me of course

00:13:12.180 i'm very happy to cooperate okay brisa and lucy connelly said hers was a mistake because she

00:13:17.520 deleted hers really quickly as well was it like four hours later yeah and and was only seen by

00:13:23.160 30 odd people or something like that some people want to extend charity to polanski over this whole

00:13:30.020 thing but it's no charity over the matter that he would ever dream of giving to you if the same

00:13:37.380 thing uh was something that happened to you and you legitimately did make a state a mistake he'd

00:13:42.700 be calling for you to go to prison he's already made public statements saying that he wants to

00:13:46.300 make england a place where the right wing can't exist which i can only assume would mean making

00:13:52.140 using state power to throw his political opposition in prison yeah i don't know what that does mean

00:13:57.860 that is quite ominous yeah thing what else say isn't it what else could it mean so all it means

00:14:02.500 is that this man if he had state power would take everything from you destroy your country

00:14:06.520 tear apart your families so there's no need for people to go and try and defend him and

00:14:11.580 defend this defend him on principle or anything like this he would never do the same for you

00:14:16.960 yeah so i don't know whether anyone wants to believe him when he says oh it was an inadvertent

00:14:21.980 mistake but when asked to apologize more than once has refused to do so just thinks he absolutely

00:14:28.040 hasn't done anything wrong it's interestingly there's this one particular article from the

00:14:33.160 standard which is very lefty the standard that even some among the greens sort of saying look

00:14:38.540 this guy this guy is sort of a little bit too much like he's a little bit um like yeah on on

00:14:46.260 social media is maybe like a bit a bit much or in the guardian sorry one second terminally online

00:14:53.560 why frustrated greens want polensky to hand over his social media to sort of a professional social

00:14:58.380 media person within the greens because he himself keeps sort of embarrassing them and himself in

00:15:04.360 various ways that's just that's just one article from the guardian the thing i want to talk about

00:15:08.960 for a little bit before we sort of finish up here is um a broader a slightly broader question

00:15:14.860 not whether zach polanski should be prosecuted and go to jail for this uh under our current

00:15:24.820 system because under our current system then yeah sure if people like lucy connolly or sam

00:15:30.280 mellier are going to go to prison or peter lynch then yeah sure yeah okay so put that aside let's

00:15:36.200 put that aside what if we were us at this table right now were an autocrat some sort of

00:15:45.420 absolute monarch of england and all law and justice was was your word

00:15:50.400 okay would you make something like this illegal if it were up to you what do you think posting

00:16:00.160 that picture should be illegal

00:16:02.760 potentially not just simply posting an image but clear and obvious incitement to violence is

00:16:13.920 something that most leaders tend to uh tend to disbar and similarly there's always that picture

00:16:22.200 reach that threshold for you and i don't know if it reaches the threshold for me but still i mean

00:16:30.100 given the climate that we're living in given that political assassination is becoming more and more

00:16:34.860 uh clear if this was any other time that was more simple perhaps it wouldn't uh but given given the

00:16:40.400 sort of climate given the division within the country obviously as some kind of autocratic ruler

00:16:45.460 you want unity amongst the people who are subject to you allowing this kind of thing is sowing

00:16:52.240 division allowing this sort of thing is encouraging violence in similar ways that you have like

00:16:58.820 sedition laws for instance you want there to be an acceptable realm of speech while also there

00:17:04.480 being boundaries where you say okay within our society that's unacceptable and when you're

00:17:09.800 talking about like political leaders underneath the system that you operate doing such a thing

00:17:15.620 um i would say yeah there needs to be an example made to show you've got to cut that out you can't

00:17:21.600 do it but also uh in terms of politic going on right now i i wouldn't be surprised if the media

00:17:30.480 use this as an opportunity to try and cycle polanski out of the headlines as much he's a

00:17:36.940 character. He is a, unless of course, actually the police take it further and he ends up going

00:17:42.680 to prison for it, in which case he's cycled out in a different way. Polanski is a character. He's

00:17:46.980 an agitator. He is being very effective at agitating people, but they've kind of got bored

00:17:53.920 of that now. They're like, oh, we've got Andy Burnham in. We've got our guy, Andy Burnham.

00:17:58.220 We're going to make Waterfall by the Stone Roses, the new national anthem. It's going to be amazing.

00:18:02.420 uh we kind of don't need zach polanski dancing with gimps on stage for the time being we've got

00:18:08.320 more important things to be looking at right now so i think zach polanski's time as the media's

00:18:13.460 favorite sideshow freak might be coming to an end and this might be a way that they try and

00:18:19.460 you know taper him down a little bit so just to pin you down in harry's britain would you would

00:18:26.340 you tell the cps to prosecute someone for posting that um yeah far left is threatening

00:18:31.620 violence against normal people would be illegal okay me yeah if i was an autocrat yeah no no i

00:18:42.940 wouldn't no i wouldn't i think that would be fine because the thing is is that you you we're not in

00:18:50.680 we're not in my world but in my world any level of violence any level of uh sort of

00:18:58.160 threat would be taken brutally seriously and so you could be able to make a joke like this or a

00:19:05.400 bit of a satirical jab at people which some people would view as borderline sure uh without believing

00:19:12.380 that it would escalate to anything more serious and it would remain discourse because i think

00:19:16.900 yeah you should be able to make discourse you should be able to say things absolutely

00:19:20.560 understand incitement i get that but something like this yeah i mean in my in my britain

00:19:28.660 people would know that if you were to do this that's probably what you would get in public

00:19:33.420 do you see what i mean it's a different we're not there though are we so

00:19:39.420 yes something like this currently given the political climate yeah i would say absolutely

00:19:45.000 an example needs to be made but but when but that's because the economic the political climate

00:19:50.420 we're in again just two two and a half weeks ago someone having their head bludgeoned in yeah yeah

00:19:56.640 and and what's happened nothing the discourse isn't there politicians aren't uh you know

00:20:02.100 there's no anxiety from politicians it seems no one seems to care anymore about that

00:20:07.060 right like these things are very real threats but no one seems to care it's the sort of

00:20:11.600 of laxity with everyone about the the threats that are clearly around us yeah that's concerning

00:20:19.040 because then people do get away with stuff like this and then the further escalation

00:20:23.020 so in my britain no but that's because my britain would be pretty brutal

00:20:27.520 yeah yeah i mean i feel the same way i spoke about it on the breakfast show and i said i was

00:20:33.980 in two miles i could see both sides of this argument absolutely i think i would say no

00:20:38.640 I think I would say no.

00:20:39.660 My tendency towards liberty, despite everything.

00:20:44.000 I've said a number of times explicitly, and I've said it again right here,

00:20:48.420 I don't want a single hair on Nigel's head to be harmed.

00:20:51.520 Of course, of course.

00:20:54.200 Yeah, his person should be sacrosanct like that of an ancient Roman tribune.

00:20:58.900 Absolutely.

00:20:59.860 But I don't think T-shirts are violence.

00:21:02.100 I'd like to live in a society where this is considered extremely bad taste

00:21:06.640 and nothing more.

00:21:07.880 but we don't we don't live in but but i accept that we don't live in that political milieu

00:21:12.660 we are in a terribly dark place i don't think your arguments are terribly wrong or anything

00:21:18.280 at all yeah no not at all it goes it goes against my knee-jerk reaction when i say these things to

00:21:24.480 just say like like well yeah obviously it's just a t-shirt but thinking more broadly about like

00:21:30.740 what it takes to uh to to make a society and to kind of like force a society to be unified

00:21:38.380 i think of all of the great unified societies and empires throughout history they do kind of take

00:21:44.120 some guy smashing you all together and saying you're going to be friends now look kind of like

00:21:51.220 warring siblings and if one of them says something you go no smack no you can't do that so i i was

00:21:58.140 i'm thinking of it more from that perspective despite the fact that i mean yeah looking at

00:22:01.900 this guy no i mean he i don't think he poses much of a physical threat to people by himself

00:22:09.320 but again it's the fact that it's the leader of a political party sharing it and also then again

00:22:15.520 even if this guy by himself if he was just like running at me i wouldn't feel too threatened but

00:22:19.600 i mean you go back to the berkeley bike lock guy just some random guy gets a heavy piece of metal

00:22:24.900 in his hand

00:22:25.520 like you could cause

00:22:26.440 some serious damage

00:22:27.340 with that

00:22:27.760 with intent

00:22:28.900 but he should have been done

00:22:30.180 for attempted murder

00:22:31.220 and

00:22:31.480 well no that guy

00:22:33.020 definitely should have

00:22:33.700 when you do cross that line

00:22:34.920 from just

00:22:35.760 wearing a t-shirt

00:22:37.460 to actually smacking someone

00:22:39.340 with a bit of metal

00:22:40.360 well yeah

00:22:40.880 like for me

00:22:41.480 for me personally

00:22:42.800 that's night and day different

00:22:44.180 that's night and day different

00:22:45.360 but

00:22:45.620 Nate said that this guy

00:22:47.220 has a history

00:22:47.880 of going to these protests

00:22:49.080 and trying to

00:22:50.040 start stuff with people

00:22:51.240 yeah yeah

00:22:51.980 you can imagine

00:22:52.420 if you gave him

00:22:53.340 autocratic powers

00:22:54.280 absolute autocratic powers you would you would be living through a terror immediately you would

00:22:58.960 have thought probably he thinks he would assume that we're all the second coming of hitler

00:23:02.960 that's how mental these kind of people are again you know you all right let us know in the comments

00:23:11.600 are your thoughts and feelings on that all right there we go quite a few rumble runs for that one

00:23:16.180 did we okay so try and read some of them yeah one tall order just started off saying could everyone

00:23:21.040 please pray for stick hex and hammer he needs it yeah i've seen apparently he's not doing very well

00:23:27.140 i don't know the specifics but he's really not doing well okay what physically yeah yeah okay

00:23:34.160 i think i've seen some reports that his like teeth are falling out i think he's got some

00:23:38.120 really bad disease and it's not looking good for him oh dear oh well uh ah i didn't know that

00:23:46.100 yeah i'd say look into it in your own time because i can't remember it all off the top

00:23:49.860 of my head okay well get well soon sticks if you can all right iri 488 says dysgenic dave

00:23:59.040 the tit whisperer that's a random name says um speaking of starting fights fights a friend of

00:24:05.720 mine who refuses to get a mullet thinks your kids will turn into leftoids if you're friends with

00:24:11.380 them kind of the opposite really you think uh yeah i mean if you're not nice to your kids like

00:24:18.460 you want to give your kids a healthy understanding of authority it's one of the healthiest things for

00:24:24.080 them if you give them a really like um this like dystopic and poisonous idea of what authority is

00:24:31.120 that's like that's like pure leftism like from the start and you don't have to like i wouldn't

00:24:37.080 say be friends with them like those desperate parents who are like oh i just want to be cool

00:24:41.660 to my kids but be good to your kids oh i misread it i'm sorry i thought you said something about

00:24:47.000 something completely different.

00:24:48.480 Okay, fair enough.

00:24:50.320 Sigil Stone 17 says,

00:24:51.700 a guillotine?

00:24:52.320 Question mark. 0.91

00:24:52.920 How French? 1.00

00:24:53.820 Didn't even need the rainbow cap

00:24:55.460 to signal to everyone that he's gay. 0.89

00:24:58.720 Based. 1.00

00:24:59.420 True.

00:24:59.760 Sigil Stone is funny.

00:25:00.760 I like him.

00:25:01.920 A Miller 112 says,

00:25:03.660 imagine how different the response would be

00:25:05.820 if Nigel was charged to illegals.

00:25:09.480 Sorry, changed to illegals. 0.62

00:25:11.900 Right, yeah. 1.00

00:25:13.280 Yeah, true.

00:25:14.280 True. 1.00

00:25:14.460 We're only making plans for illegals. 1.00

00:25:17.320 Yeah, that would be... 1.00

00:25:18.560 Yeah, I'm sure our two-tier justice system

00:25:20.920 would look upon that very differently, wouldn't they?

00:25:22.780 Polanski.

00:25:23.220 Almost certainly.

00:25:25.180 Baystate says,

00:25:25.960 Question, how do they know Anne was hit exactly 21 times?

00:25:29.280 Not to be too graphic, but I imagine after 10 or 12,

00:25:31.820 it would be very difficult to count the hammer blows.

00:25:34.040 No video, they say.

00:25:35.480 Well, that's medical pathology.

00:25:36.880 I don't know.

00:25:37.380 I couldn't answer that, but yeah.

00:25:40.340 You'd have to ask an actual pathology, a doctor about that.

00:25:44.460 I'm afraid.

00:25:45.960 That's a random name again.

00:25:47.100 It says, I don't understand why Zack is trying to avoid jail

00:25:50.720 considering how much he'd enjoy it there.

00:25:52.960 Then again, maybe that's why he wants to empty the jails

00:25:56.040 so the action comes to him, thousand yard stare.

00:26:01.160 That's quite a funny thing to say.

00:26:02.460 It's a pretty interesting, pretty compelling theory. 0.97

00:26:06.600 Ochi Godor says, the fall of Polanski and the rise of Binface. 1.00

00:26:12.720 That's a good point. 0.90

00:26:13.420 in silly sausage britain bin face is much better suited than polanski is polanski is just a little

00:26:19.380 bit too degenerate for silly sausage mr blobby britain the next one one tool order is that thing

00:26:26.540 about sticks hex and hammer and then the last one occhi door again says if they actually uh locked

00:26:31.860 up the loonies uh that would act then a t-shirt would be fine yeah yeah it is all right

00:26:39.840 let's go to your segment okay well shall we

00:26:46.580 promote this this is islander it's a magazine i've heard it's worth your time i have not read

00:26:53.740 it but it looks pretty good some nice artwork on there check it out that's it no more

00:27:01.880 all right so we need to talk about gary stevenson gary's economics he's quit

00:27:08.580 rejoice everyone

00:27:10.520 he's quit

00:27:11.260 after getting

00:27:11.800 bodied

00:27:12.960 for his documentary

00:27:14.940 he's quit

00:27:15.900 he did a documentary

00:27:17.560 or has he

00:27:19.060 or has he

00:27:21.080 or has

00:27:22.360 he hasn't

00:27:23.300 oh

00:27:23.560 he hasn't

00:27:24.660 okay

00:27:24.920 I've spoiled it

00:27:26.480 spoiled the end of my segment

00:27:28.300 at the start

00:27:28.960 he's not actually quit

00:27:29.980 my disappointment

00:27:30.780 is immeasurable

00:27:31.580 and my day is ruined

00:27:33.200 I don't care

00:27:33.780 we thought we 1.00

00:27:34.620 we thought we'd got rid of Gal

00:27:36.820 but he's come back

00:27:38.380 yeah so this big quite interesting turn of events really so yeah so you you said has he done a

00:27:43.600 documentary yes he did a documentary he did a documentary and it was one of the most embarrassing

00:27:48.760 things he's probably ever done in his entire career and seemingly off the back of that he

00:27:52.960 has now just quit what's the documentary about uh resent resentfulness jealousy tax the rich

00:28:00.120 leftist economics economic theory yeah but i didn't watch it but what i gathered wasn't it

00:28:04.940 that even other lefties were saying,

00:28:06.640 bro, you don't, you're all kinds of wrong.

00:28:09.140 Is that where that clip of him

00:28:10.420 talking about the wealth tax comes from?

00:28:12.480 No, he's always talking about wealth tax,

00:28:14.040 but yes, that is part of it, yeah.

00:28:16.140 And other leftoids were like,

00:28:18.600 what are you talking about, mate?

00:28:20.040 He's getting bodied by even his own side.

00:28:22.700 So it's been very funny.

00:28:23.580 So I just want to go through it, basically.

00:28:26.700 So this was his goodbye video, part of it.

00:28:29.520 Anyway, he posted this on the Twittersphere.

00:28:32.960 So we'll just play a little bit of this.

00:28:34.140 here we go

00:28:35.500 so I just

00:28:38.180 I want to point

00:28:38.800 that out

00:28:39.080 straight away

00:28:39.680 I think he's

00:28:41.300 put them there

00:28:42.100 on camera

00:28:43.060 right

00:28:44.140 the biscuits

00:28:44.800 because he's

00:28:45.520 getting told

00:28:46.180 there's numerous

00:28:47.780 comments about

00:28:48.480 the biscuits

00:28:48.940 clearly just

00:28:49.700 being part of

00:28:50.340 a set

00:28:50.700 and I don't

00:28:52.380 think I've ever

00:28:52.960 seen him put

00:28:53.580 biscuits on a

00:28:54.180 plate before

00:28:54.600 so I just

00:28:55.760 thought I'd say

00:28:56.160 that from the

00:28:56.620 off because I

00:28:57.020 thought that was

00:28:57.320 quite funny

00:28:57.700 but anyway

00:28:58.100 here's his

00:28:58.800 shifty

00:28:59.320 crackhead

00:29:00.900 visage

00:29:01.520 all right ladies and gentlemen this is it last one ever yeah it's not though is it mate

00:29:09.040 is it is it definitely not no it's definitely not okay right i think if there were comments

00:29:14.080 about the biscuits he should to really prove them wrong he should just just chad moved on the entire

00:29:19.160 video eating the biscuits with a mouth full of biscuits like spitting them out the camera as

00:29:24.280 he's talking so yeah can i say i think one of the lamest things you can do is a fake out is

00:29:30.440 threatened to walk out and leave the room and not well we're gonna we're gonna get i think that's so

00:29:35.080 lame to do that yeah i'd be i'd be ashamed to do that if you're gonna walk out and leave one way

00:29:40.480 another do it though you're gonna think he's very lame then i've just got done the end of this video

00:29:45.560 you're you're gonna think he's very lame so let's just watch a bit of this video

00:29:48.960 uh from yeah this should be a good starting point and i knew i was knackered and i remember going

00:29:56.520 I remember going

00:29:58.000 onto Piers Morgan

00:29:58.740 with my Channel 4 PR

00:29:59.940 she said

00:30:00.380 how do you feel about it

00:30:01.140 and I was like

00:30:02.380 I feel like I'm going

00:30:03.120 into the lion's den

00:30:03.920 with two fucking

00:30:04.680 broken legs 0.63

00:30:05.400 you know

00:30:05.840 because I knew

00:30:06.360 I knew they were

00:30:07.540 just going to come for me

00:30:08.360 and you know

00:30:09.120 the media has come for me

00:30:10.060 a lot

00:30:10.380 and it's one thing

00:30:11.900 I went on Piers Morgan

00:30:12.660 last year

00:30:13.380 and if I can be honest

00:30:14.980 I think I kind of

00:30:15.680 fucking danced around him

00:30:16.540 to be honest

00:30:16.980 and I just went back in

00:30:18.740 as like the world's

00:30:19.360 knackidest man

00:30:20.160 I remember when I did

00:30:21.040 BBC News

00:30:22.460 yeah

00:30:23.180 he's really tired

00:30:24.440 isn't he

00:30:26.520 Really tired. He's just the world's most tiredest person.

00:30:28.720 I'm tired. I'm there. I'm just, I'm exhausted.

00:30:31.620 He must, he's so tired, this guy.

00:30:35.700 They're like, do you want to do makeup?

00:30:37.320 And I said, to be honest, I want to look as knackered as I am.

00:30:41.160 I don't want to.

00:30:42.040 Oh.

00:30:44.420 Weird things. I want to look as tired as I am.

00:30:47.100 Why are you so tired, Gary?

00:30:48.760 What is wrong with his, what is his physicality? What is it?

00:30:52.780 His jaw looks all wired like he's on coke or something.

00:30:56.360 Recovering addict is the image, the aesthetic that he gives, yeah.

00:31:00.200 All right.

00:31:00.720 Anyway, we'll watch a little bit more because it's genuinely fascinating.

00:31:03.620 I'm going to be pretending to not be knackered.

00:31:06.120 And I went out and did the press campaign.

00:31:08.640 Really, really, really fucking knackered.

00:31:10.160 We landed it.

00:31:11.760 We've got a lot of use.

00:31:15.340 But it's kind of been, I've been looking, I've been,

00:31:18.520 today I'm shooting this on 14th of July.

00:31:21.580 And I've been counting down the days.

00:31:23.140 I've known that this was going to be my last day shooting YouTube.

00:31:25.900 and i've been counting down the days to it for ages basically um and basically the long story

00:31:32.560 short is i'm knackered and um i've given right so anyway this is a 48 minute video

00:31:41.320 here's a quick summary of it all right because no one wants to watch 48 minutes of this

00:31:46.780 this genic telling you how tired he is and i did actually watch this it is one of the most

00:31:52.400 boring videos i've ever seen um so i am saving you a lot of time he starts out sort of chronicling

00:31:57.320 his journey um and persistently saying how much you know he's there for people he's there for

00:32:03.000 this he's and you know he just wants to tax people because that's his thing but anyway so

00:32:07.380 summary of the video uh gary's not quitting youtube forever okay all right he's not he's not

00:32:12.700 um all he's doing is ending one weekly video so he's so tired because he's been doing one

00:32:21.840 weekly video just just to throw that out there i'm gonna take more time away with his family

00:32:27.360 yeah no yeah that is that is yeah he does want to take a long break about nine months

00:32:30.940 um he's got severe burnout apparently producing one video a week entirely on his own it isn't on

00:32:38.460 his own he has a whole team which we'll get to in a minute alongside a best-selling book campaign

00:32:43.060 and a global press tour and tv documentary has left him very tired apparently uh he also has

00:32:50.420 format fatigue he feels the weekly format has gotten too scripted and rigid uh he's sick of

00:32:56.380 the gary stevenson show i mean it's literally called gary's economics okay okay oh he wants

00:33:04.680 to shift to podcasts is this not a podcast i don't i don't i mean what what is the format

00:33:12.140 what's the production like have you seen any of the other stuff because i it's the

00:33:15.140 What are the subjects that he normally talks about?

00:33:22.320 Other than just being tired.

00:33:24.480 Tax the rich, that's it.

00:33:26.320 Does he go into any greater depth about,

00:33:28.860 like, here's how the rich are able to get away with tax scams

00:33:32.160 and stuff like that?

00:33:33.920 No, he just tells everyone how rich he is,

00:33:35.940 and he made his money betting on poor people,

00:33:39.120 betting that they'd get poorer,

00:33:40.820 and he's amazing, and he's an economist,

00:33:43.200 and we need to tax the rich that's it this is the format he just sits at this

00:33:47.940 this is it this is what he's tired of sitting at sitting at a table being filmed

00:33:54.180 looks really hard really hard work that does look i could see how that would be exhausting

00:33:59.600 yeah yeah

00:34:01.800 anyway so he wants to shift it's mental isn't it it's quite insane it is quite insane so he

00:34:11.280 wants to shift to podcasts collaborative formats possibly a monthly video later on um

00:34:18.840 yeah that's kind of it really and that's his thing anyways a little bit more of his tour

00:34:24.560 explaining to people why he's quitting i am quitting yeah i am quitting quitting public

00:34:32.180 conversation yeah i am yeah because i'm tired paddy i'm tired i've been doing this for years

00:34:37.040 you know i'm tired of betting on people's living standards collapsing and trying to tell people 0.81

00:34:41.120 every year and getting called a liar by liars and getting called idiot by idiots it's tiring paddy

00:34:45.980 you know i don't need to do this right i do this because i don't want this country to go down the

00:34:49.840 toilet i see what's happening i want when i come in here i want people to understand this will get

00:34:53.900 much worse this living standard collapse will get much worse i'm not just saying that i've been

00:34:58.220 betting on it for 15 years i've made millions of pounds doing it you cannot allow a situation

00:35:03.680 where the british and it's not just happening here it's happening across the western world

00:35:06.720 where the working class and the middle class and the government all very rapidly lose all of their 0.99

00:35:12.680 wealth to one percent of people because again so he is right in suggesting that living standards

00:35:18.520 are going to get worse right like um if you want to watch a video on it dan dan of this channel

00:35:24.740 has a brokonomics on it right like he he is right in suggesting that living standards are going to

00:35:29.440 get worse he is right in suggesting that uh wealth inequality is going to get worse but his

00:35:35.000 his his format for solving it is wrong his reason his his identifying reason behind it is wrong

00:35:42.900 but he's right in suggesting that it is going to get worse because it is going to get worse but 0.64

00:35:46.940 again he's just a moron doesn't quite understand it uh but he's just tired and he's just super

00:35:53.600 tired so it's not that tiring at all to make a little bit of content it's really not especially 0.79

00:36:01.300 the amount he makes i mean our grind you me our grinds way more than this the content mill at

00:36:07.700 lotus eaters way more than what he does way more it's not trust me it's not that time when you've

00:36:12.920 done a real job a real nine to five eight till six real job yep it's not that tiring it really

00:36:19.640 isn't and and if you're gonna leave just leave bro just leave you don't have to announce it

00:36:25.020 you can you can just stop he's doing a pity party yeah yeah it's a pity tour so come come and pity

00:36:32.420 me please um and yeah you're right you know doing the kind of work which we do yeah it's not actually

00:36:38.420 that tiring to be honest you know it has its own trials and tribulations don't get me wrong it's

00:36:42.380 not tiring compared scheme of things particularly if he used to work in um whatever i can't remember

00:36:48.120 what he did do trading trading city bank trade now that is i can understand that if you did that

00:36:52.780 into your 40s or something you could claim burnout maybe if you carried a hod around you lugged

00:36:58.480 bricks around for a living yeah okay real burnout yeah but making a few videos no no i don't i don't

00:37:06.240 buy it oh he's tired mate okay all right he's sick of it he's tired he doesn't need to do he's made

00:37:10.460 his millions super super tired yeah um anyway so i thought what we'd do is just take a look at

00:37:20.000 sort of the state of play that gary has crafted for himself as he leaves right so this was one

00:37:29.480 year ago um i think we've got the exact date here as well sorry it was oh i had it up it basically

00:37:36.380 but just click on that just click on the description the actual date will show up

00:37:39.840 one year ago there's one year ago click on it 29th of december 29th december 2024 so i want to i want

00:37:44.980 to just play this because he's he's he's a crafty little bugger is gary's economics so remember he

00:37:51.420 said it's all him he's just doing it all by himself he contradicts himself numerous times

00:37:55.840 so this was in december if we are going to be politically powerful we need staff and i need

00:38:03.520 staff um i just don't think there's any way that i can cope with making it significantly bigger

00:38:10.520 than it is without any full-time staff basically and that means we are going to need funding and

00:38:16.040 that means that we are going to open a patreon i spoke about it just probably went away we're

00:38:20.800 going to open a patreon and we're going to see what we what we get and you know i don't know

00:38:24.300 whether we'll get a lot i don't know whether we'll get a little but if we want to be politically

00:38:28.480 powerful down the line we we're going to need staff and if we need staff if we need staff we're

00:38:32.720 going to need funding just help support me and help us to to get a little bit more ambitious and

00:38:38.240 and diverse with the creativity of what we do help us to work with different creatives

00:38:42.400 help us to get different people on the channel so it's not just like me every week in my no face

00:38:47.020 so okay patreon that's fine you know make your bread i've got no no qualms about people

00:38:57.200 getting patreons setting it all up the terms of what she outlined you know for the purposes

00:39:04.620 of the Patreon was to improve the content, wasn't it?

00:39:09.480 Shall we have a look at how that's gone?

00:39:10.620 Look at that pitch.

00:39:11.940 Oh, my God.

00:39:12.840 Shall we have a look at how that has gone?

00:39:16.720 Okay.

00:39:19.400 Yeah.

00:39:21.860 Yeah, not a lot has changed.

00:39:25.820 He did go on some holidays, though, signing off.

00:39:29.120 That was a year ago.

00:39:31.800 Yeah.

00:39:32.200 you're saying there's no obvious change in the quality of the oh no he's no he's done nothing

00:39:37.120 all right okay he's done absolutely nothing at all literally nothing look at it just to see

00:39:45.040 oh we're back oh he's back oh because he took another break by the way because he keeps taking

00:39:50.980 breaks this is an fyi keeps taking breaks keeps coming back but so this was that year ago here's

00:39:58.080 what we're going to do and he's going to open a patreon and literally i mean less than a year out

00:40:04.940 he took another break and was like oh i'm back goodbye for now right oh okay cool interesting

00:40:11.220 but remember he wanted he wanted your money to um improve content didn't he wanted he wanted your

00:40:17.540 money to uh to get people on get a team so one it's not just himself he definitely has a team

00:40:22.600 which we know he does anyway because he's admitted to having a team before so him saying he's tired

00:40:27.880 of sitting down and being filmed

00:40:29.320 is a bit of an odd one.

00:40:31.100 Anyway,

00:40:34.340 Gary's taking a break.

00:40:35.740 What's next for Patreon?

00:40:37.240 Well, what is next for Patreon?

00:40:39.280 What is next for Patreon?

00:40:42.300 Hi, Oscar here.

00:40:43.200 Oh, so he's not alone then.

00:40:45.200 There's someone at least called Oscar

00:40:46.380 working with him.

00:40:50.200 And oh, Gary's going to send you a message.

00:40:52.920 He's probably not.

00:40:53.720 It's going to be Oscar, I would presume.

00:40:55.000 what we're what we're gonna do while gary's away oh so gary's literally just swanning off

00:40:59.680 just doing nothing right okay brilliant we're gonna start doing live patron q and a's again

00:41:04.420 brilliant great your donations will keep the youtube channel publishing new content

00:41:10.320 oh right so he's not quit he's not quit actually at all he's just again he has just quit doing

00:41:17.060 a weekly video which he's tired of um oh we got funding from a big donor

00:41:23.240 Amazing.

00:41:24.580 Brilliant.

00:41:25.000 16 new animated videos

00:41:26.480 explaining Gary's ideas of

00:41:28.400 dysgenic resentfulness.

00:41:32.220 Brilliant.

00:41:33.220 Can't wait to be lectured

00:41:34.440 in animated format

00:41:36.240 on rich being rich

00:41:38.060 and apparently there being

00:41:38.860 a finite amount of wealth

00:41:40.740 in the world.

00:41:41.500 Gary's ideas of

00:41:43.520 a misplaced first year

00:41:45.740 undergrad student politic

00:41:47.380 pinko champagne socialism.

00:41:49.820 can't wait for that yeah 16 animated videos of that yeah wait yeah so in that year by the way

00:41:58.180 in that year uh it was it was 2024 wasn't it right um so he's been earning quite a good

00:42:05.580 cross from patreon um at bare minimum at bare minimum and that's if every single one of his

00:42:14.400 2 000 plus members were paying the lowest tier of his patreon he is earning just shy of 13 grand a

00:42:23.840 month i mean it's good money if you can get it it's not too shabby you're doing one video a week

00:42:29.100 good luck to him well he's tired of it guys i'd say good luck to him you know if you can get your

00:42:36.380 money i'm i'm happy for people to i'm not i'm not the one crying out for a wealth tax he is right

00:42:41.680 he's already rich

00:42:43.820 so if you could

00:42:44.800 make an excuse for yourself

00:42:46.220 to take nine months off

00:42:47.280 so that you could go to

00:42:48.160 like I don't know

00:42:48.620 the Costa Rica or something

00:42:49.800 I know

00:42:50.500 I mean you would

00:42:51.820 come on

00:42:52.300 I mean if I could earn

00:42:53.440 that money per month

00:42:55.080 I would

00:42:55.640 but I also wouldn't be

00:42:56.900 crying about wealth tax

00:42:58.140 maybe you should start

00:42:58.920 making economics videos

00:43:00.480 I should shouldn't I

00:43:01.260 yeah

00:43:01.460 don't tax the rich

00:43:02.460 give me all your money

00:43:04.080 don't eat the rich

00:43:07.440 literally upwards of

00:43:09.580 300,000 pound a year

00:43:11.340 he's earning basically if you're taking it all into account like the sort of well the video made

00:43:17.560 it sound as though he's using the patreon money to pay his staff members no no like he said it's

00:43:24.840 all by himself though like oscar here he might be on 13 grand a month he might know he might be the

00:43:31.000 only staff member might all be going to him i mean maybe in which case gary are you taking

00:43:36.120 applications for new assistants well no there's an animator like alex check check here all right

00:43:43.540 that's still about six and a half grand a month so you know split between two people maybe but

00:43:50.140 remember he said it's just all himself unless oscar and alex are different personalities

00:43:54.840 maybe maybe how do we know how many are living up there

00:43:58.700 maybe it's all gary it's all gary you're gary i'm not gary anyway i'm gary and so is my wife

00:44:07.860 so why did he actually quit well he quit because of stuff like this and remember he's quit a lot

00:44:14.560 he's quit many times but why did he quit he quit because of this so my proposal is a two percent

00:44:21.220 tax on wealth of above two million pounds absolute populist clap trap and the people pushing this

00:44:26.320 should be ashamed of themselves. If the Chancellor stood up and said, we're going to have a wealth

00:44:29.920 tax, we're going to have 2% on all wealth over 10 million, it would require, let's be generous,

00:44:35.100 like a year of planning at least. You then need to build the systems. You need to tax 20,000 people.

00:44:40.100 You're not going to raise any revenue from a wealth tax before 2029. You could be in favour

00:44:43.620 of a wealth tax, but anyone claiming that it's an answer is deluded. Well, the Wealth Tax Commission

00:44:49.500 did a huge amount of work on the wealth tax, more than anyone else in the world, maybe more than

00:44:53.440 everyone else put together. They concluded an annual wealth tax is a non-starter. And

00:44:58.560 that was as a result of the work that they did.

00:45:00.620 Is that what they concluded?

00:45:01.480 That's what the report says.

00:45:03.020 What I saw was that they proposed that for revenue raising, a one-off wealth tax they

00:45:09.460 preferred, but they said explicitly in the paper, if you are worried about inequality,

00:45:14.720 that will not be enough. And if you're worried about inequality, you probably want to look

00:45:18.820 at annual wealth tax. That's what was in the report.

00:45:21.160 Well, it wasn't that strong.

00:45:22.180 And the foreword said, and I quote you exactly.

00:45:24.940 You can get, but the foreword said exactly that it's a non-starter for the UK.

00:45:29.280 There are limits to the extent of redistribution that can be achieved using existing taxes on wealth, even after effective reforms.

00:45:37.420 An annual wealth tax could be justified on this conditional basis.

00:45:41.060 That's pretty weak.

00:45:43.340 Is that saying it's a non-starter?

00:45:45.800 The foreword says an annual wealth tax is a non-starter.

00:45:48.820 Let me ask you a question.

00:45:50.040 Someone invests in the UK, a foreigner invests in the UK, do you charge wealth tax on their

00:45:55.080 UK investments?

00:45:56.040 If they're incredibly wealthy, I say yes.

00:45:58.000 OK.

00:45:59.120 But then why is someone very wealthy going to make an investment in the UK rather than,

00:46:03.800 say, France, if they're going to have a 2% hit on their investment every year?

00:46:08.120 Why would they do that?

00:46:08.860 I think that's a very good point.

00:46:09.960 And I think it's very possible that if you have a wealth tax, it will make it less attractive

00:46:14.080 for foreign investors.

00:46:15.040 But I think that what we can do is improve the wealth ownership of the general public,

00:46:20.160 and we can make a wealthy general public, and it will be profitable to invest here.

00:46:23.860 And we can have the investments here by British people then.

00:46:26.400 But so this is really serious.

00:46:27.800 So suddenly you're creating a massive incentive for foreign private companies

00:46:33.020 and foreign wealthy people to pull their capital out of the UK.

00:46:36.140 These are big effects.

00:46:37.420 In fact, the effect of a wealth tax has been modelled.

00:46:40.080 It's been modelling in Germany and in the US.

00:46:42.640 wealth taxes less significant than the wealth tax you're proposing.

00:46:46.440 And they estimated a hit to long-run GDP of between 2% and 5%.

00:46:49.920 You were just completely blithely dismissing the idea that foreign investment is important.

00:46:55.000 No, of course I'm not dismissing that. I'm not dismissing that.

00:46:58.100 I'm an economist, right? I know what's going to happen.

00:47:01.280 And I'll tell you right now what's going to happen. This is my job.

00:47:03.220 No, no, no. If you were a proper economist, you would have thought about foreign investment.

00:47:06.820 You think I'm not a proper economist?

00:47:08.140 Why haven't you thought about foreign investment?

00:47:09.600 Of course I've thought about it.

00:47:11.120 No, you haven't.

00:47:11.720 I've read

00:47:13.280 Why do you think

00:47:13.880 I've been talking about it then?

00:47:15.060 Because there's no evidence

00:47:15.880 you ever thought about it

00:47:16.860 When I asked you that question

00:47:17.860 you were thinking about it

00:47:18.700 for the first time

00:47:19.380 Sorry I know it was a long clip

00:47:21.200 but I had to play it

00:47:22.040 because that is part

00:47:23.060 of his documentary

00:47:23.820 and he's getting

00:47:25.460 and that's someone on side

00:47:27.020 that's someone that is

00:47:28.480 actually on his side

00:47:29.980 I was going to ask

00:47:31.840 who this bald guy is

00:47:33.400 because also

00:47:33.980 like everybody says

00:47:35.240 that Gary Economics

00:47:36.180 looks a bit weird

00:47:37.020 this guy also has

00:47:37.900 an incredibly off-putting face

00:47:39.240 and mannerisms 0.97

00:47:40.440 but he seems like a twat as well frankly it's a really really simple thing i mean sort of a gcse 0.59

00:47:47.040 or a level thing in economics of uh the flight of investment if you overtax people it's it's 0.66

00:47:55.100 really really sort of 101 stuff we've already seen it now the figures have come out to say that

00:48:00.000 like we've got some of the lowest millionaires we've ever had in this country now they've all

00:48:04.160 just gone if you've got a lot a lot of money to invest in something and you can do it anywhere

00:48:10.500 in the world yeah why would you do it somewhere where they're going to tax you you just simply

00:48:14.920 don't pick that place yeah it's very very straightforward stuff but i mean gary doesn't

00:48:21.760 seem to it really is the politics of resentment isn't it it really really is the politics of

00:48:26.660 you were told at some point in your formative years that it's just simply not fair that there

00:48:32.220 are ultra rich people in the world the wealth is a finite thing and the more that's in their pocket

00:48:38.560 is the less that's in the pocket of poor people and you just never questioned that profoundly you

00:48:43.600 never changed your view on that and that you must simply steal from the rich to give to the poor

00:48:49.440 and well it's just not how the world really works how the world goes round it's not really how

00:48:55.720 the distribution of wealth works but okay okay gary's got his 1.6 million and uh 13 grand a 0.51

00:49:04.600 month on patreon well what can you say good luck to him there's a lot of stupid stupid people in

00:49:09.720 the world he's not actually quit okay that's the take home from this he's not actually quit 0.58

00:49:15.280 he's just got burnout this is all performative nonsense well i mean one of my issues with uh

00:49:21.220 what gary economics was talking about what gary was talking about in in that there with the whole

00:49:26.480 wealth tax thing was that yeah i mean for one the that dan guy um the other weirdo uh just saying

00:49:33.100 like oh you can't do this tax because it'll take a while to do isn't that's not really an argument

00:49:38.020 the much stronger argument was the one on foreign investment but i've i noticed when you were

00:49:42.700 looking through his uh youtube page that he's spoken to an economist called hajoon chang

00:49:46.880 who I've read some of his work and it's actually quite interesting because Hajoon Chang is

00:49:51.520 a progressive but he's also kind of like a realist as well and he's got some arguments against things

00:49:58.060 like foreign investment where he's saying that you know if you have foreign investment most of

00:50:02.020 the time it's going to take the platform of like transnational corporation coming into your country

00:50:06.340 potentially siphoning itself away from all of the rest of the economy so it's mainly just taking up

00:50:11.680 land and labor and the rest of the money that they're making isn't going back into the rest of

00:50:15.420 it. It can take away opportunities from local business owners or just drive them out. There

00:50:19.920 are actually some interesting and effective arguments against it. But Hajoon Chang keeps

00:50:24.700 like running up against the idea of protectionism. And essentially the logic of it ends up with,

00:50:30.020 well, you need to be a protectionist country in that case and have strong tariffs to be able to

00:50:34.300 protect against foreign encroachment into the economy. Like Gary Economics and even Chang

00:50:40.020 himself, they're not actually going to push for that because ultimately they are still a form of

00:50:44.580 globalist progressive type and if you have protectionism then you can't justify massive

00:50:49.800 flows of people between countries as well um because ultimately the logic that they're pushing

00:50:56.680 is contradictory internally so that's that's one of that's one of my issues is just that like

00:51:02.680 if you're gonna if you're gonna make those arguments just go all the way just be like yeah

00:51:06.660 the the uk should close its borders physically and economically and we should take another 50 years

00:51:13.180 to be able to build ourselves back

00:51:14.500 as a self-sustaining nation.

00:51:17.440 But he won't do that.

00:51:19.020 No.

00:51:20.300 We'll get some of these chats.

00:51:25.340 What's this?

00:51:26.060 Random name is the...

00:51:27.320 This guy looks like a very zesty crackhead. 1.00

00:51:31.040 Some might say a soy head. 1.00

00:51:32.780 Brilliant. 1.00

00:51:34.400 Cheers.

00:51:36.480 Has he just got an underbite?

00:51:38.620 Or is there something actually like his jaw...

00:51:42.180 His whole movements of physicality is so odd and gross to me.

00:51:46.440 Is that part of the appeal?

00:51:47.680 If I may be allowed to speculate.

00:51:48.900 That you're a weird, gross person in terms of physiognomy,

00:51:52.180 so you like Gary, you like that about Gary.

00:51:56.320 Maybe, I don't know.

00:51:57.160 Who likes him? Who's a draw to that?

00:52:00.180 I'm mutagenic load.

00:52:01.760 Well, if I may be allowed to speculate, he's a former London trader,

00:52:05.260 so perhaps he simply indulged in the sorts of things

00:52:09.140 that London traders are very well known for enjoying.

00:52:12.840 True.

00:52:13.260 Bolivian marching powder, is that what you're talking about?

00:52:15.360 Yes, which can be known to have a few side effects after the fact.

00:52:21.000 You end up with a perma jaw thing.

00:52:24.760 I've seen it happen.

00:52:26.100 I've seen a man take so much ketamine

00:52:28.500 that he was speaking in complete full sentences

00:52:32.460 that made sense, but all of the words were jumbled up.

00:52:36.660 Okay.

00:52:37.140 It was, like, it can do, like, these things can do strange things to people, my friend.

00:52:42.240 I don't even know.

00:52:43.060 I hadn't even thought about ketamine.

00:52:45.600 God, God, no.

00:52:46.400 He does, is he a recovering druggie of various things?

00:52:49.560 Is it crack?

00:52:50.380 Is it ket?

00:52:51.120 Is it coke?

00:52:52.120 Like, crack?

00:52:53.040 Is it all of them?

00:52:53.660 All of those things and others.

00:52:55.360 We'll never know.

00:52:55.720 Who knows?

00:52:56.940 Who knows?

00:52:58.780 That's a random name. 0.61

00:52:59.560 It says, every single loser who unironically watches this guy would be better off doing

00:53:02.800 something productive. 1.00

00:53:03.460 Instead, soy-shelists are poor because they're unproductive and gay. 1.00

00:53:12.200 Soy-shelists? I haven't heard that one before. 1.00

00:53:13.900 One Tool Order says,

00:53:16.120 Gary's economics takes are the equivalent of an automotive presenter

00:53:19.960 telling you it's okay to put petrol in your diesel car.

00:53:23.740 Base Ape says,

00:53:24.720 He's very, very tired.

00:53:25.620 He's taking nine months off.

00:53:26.640 He's extra moody, looking for sugar daddies.

00:53:28.520 Can't stop eating biscuits. 0.83

00:53:29.880 Who got this guy pregnant?

00:53:33.460 that's a random name says in 2016 i was working one full-time job in a factory and two part-time

00:53:38.300 jobs whilst also going to summer school for entrepreneurship and still finding time for the

00:53:43.340 gym averaging four hours sleep at night those jobs are full of poor dysgenics who hated capitalism 0.59

00:53:48.560 none of them were working as much as me and were mismanaging their money communists are poor 0.87

00:53:53.120 because they're unproductive stupid and ugly yes fair mate how old were you in 2016 because that's

00:53:59.900 the sort of thing that i can only imagine someone in their like early 20s can sustain for very long

00:54:04.420 i couldn't do that anymore i remember even when i was in my mid 20s it must have been i was working

00:54:09.840 for an asset management firm quite long days and doing a master's degree and i was i genuinely was

00:54:17.680 starting to back even though i was young even though i was in my 20s that was exhausting week

00:54:22.900 after week after week and if you didn't but just making a little bit of content like he does

00:54:28.380 it's not that it won't be that tiring it really won't be that's a nonsense excuse it doesn't add

00:54:34.000 up it doesn't all right so gonna bring us to a more personal story now we've had uh the story

00:54:42.740 of the tragic downfall of psychopath zach polanski we've had the story of the ever so tired

00:54:51.220 Gary Stephenson, Gary Economics. Now I'm going to give you the story of the Ram-deprived and also 0.98

00:54:58.620 very tired and hungry Samson, our producer, and his quest to get Ram. Over the past year,

00:55:06.380 I can see Samson back there. He's tearing up. Honestly, he's crying. This is the first time

00:55:11.620 anybody has given his story the attention that it so deserves. And so if you would like to

00:55:17.120 contribute to the samson fund to help him to afford ram for christmas this year to help him

00:55:22.500 feed his children then i would ask you to please go out of your way and spend a little bit money

00:55:28.660 in the lotus eaters store i spoke like i was talking to my daughter then apologies a little

00:55:33.160 bit of money and purchase yourself an islander number six for 14 pounds and 99 pence not only

00:55:41.340 will you be getting some excellent artwork and content and wonderful articles you'll also be

00:55:47.080 contributing to frankly a good cause thank you for listening to this message so over the past

00:55:53.800 year or so we've been hearing a lot about the rampocalypse now what is the rampocalypse do you

00:55:59.300 know do you gentlemen know what the rampocalypse is this is completely passed me by so ram random

00:56:04.940 access memory it's part of the semiconductors and computer chips which are mainly manufactured in

00:56:10.540 south korea it's necessary for basically every piece of smart technology that's made is it also

00:56:16.640 taiwan taiwan as well i think micro i think micron which is one of the three top microchip

00:56:22.960 factories that operates out of taiwan one of them does um the two major ones um sk hylux i think it

00:56:30.600 is and samsung are all in south korea okay but one of them is in taiwan and they are sk hynix

00:56:37.220 apologies um and because of the massive uh flood of investment into ai the microchips and ram have

00:56:47.980 been at an all-time low in terms of supply versus demand right which is one of the reasons why

00:56:53.340 you'll notice that your technology is getting a lot more expensive because well they just don't

00:56:59.180 have enough they aren't manufacturing enough of the microchips and the ram that they need to use

00:57:05.460 with those microchips to be able to meet demand.

00:57:08.960 So everything's getting way, way, way more expensive.

00:57:11.540 And this is all, again, being pushed by the fact

00:57:13.860 that AI companies are saying,

00:57:15.660 we are literally going to make you an AI robot waifu

00:57:18.960 that will wake you up with a handy every single morning.

00:57:21.620 And people are going, I'm going to put my money into that.

00:57:25.080 I am going to absolutely invest in that.

00:57:28.280 And then, of course, what else happens

00:57:29.460 when you invest your money?

00:57:30.840 Well, the investment brokers, they go,

00:57:32.900 well, we can take all of these investments,

00:57:34.280 we can lump these investments together and you can bet on these investments one way or another

00:57:38.160 and huge amounts of derivatives come out of these massive investments but ultimately i'd rather 1.00

00:57:44.160 real women to be honest all right this is the first time hearing about robot handies being 0.91

00:57:50.380 thrown out like being thrown around like like sweets can i hear more about that is that real

00:57:55.500 that's new to me i can't guarantee that that's tell me more do you want to know more it sounds

00:58:00.720 terrible it sounds terrible but where can i read about it i can't guarantee that that's something

00:58:04.860 that sam altman or elon musk have actually said or promised about chat gpt and grok but i can't

00:58:11.120 say that they haven't implied it rock probably would yeah grok is spicy at least at least you

00:58:16.720 know i can't see chat gpt at least when i watch them at these conferences when i watch them at

00:58:20.840 these conferences they tell me about frigid they tell me about the promise of ai and they give a

00:58:26.260 little look into the camera i'm picking up what they're saying i know what they're putting down

00:58:30.360 i can see where the future is going elon musk is saying there you go yeah elon musk is saying

00:58:35.720 grok's going to revolutionize the world ai is going to make it so we don't have don't need 0.98

00:58:39.920 money anymore well i'm also sensing ai is going to make it so we don't need women anymore boys 0.91

00:58:44.540 okay boys sounds a bit lonely to be honest well obviously it's all based off like this huge

00:58:52.220 investment is based off of the fact that ai is seen as the next big thing and to a certain extent

00:58:57.240 it will be but all joking aside you're saying ram is the the bottleneck here uh it's one of the

00:59:03.160 major bottlenecks production of ram access to microchips um and the ability of companies like

00:59:10.300 samsung like sk hynix to be able to produce them and then the silicon they come in silicon wafers

00:59:16.200 and only a certain amount of these silicon wafers are actually produced every single year

00:59:20.080 so there's a number of technical fabrication processes that go into all of this then you've

00:59:26.280 got the water costs you need to get the land for these enormous data centers where the ai will be

00:59:30.980 produced so there's a lot of actual physical infrastructure and manufacturing that needs to

00:59:35.280 go into it that will bottleneck a lot of this and then ultimately at the other end you're supposed

00:59:40.080 to have grok or chat gpt or something completely revolutionize your workspace and revolutionize

00:59:46.640 like i saw an article where some local pizza chain in some town i think it was like jersey pizzas or

00:59:53.240 something were that were putting forward um an ipo an initial public offering where in the ipo it

01:00:00.540 mentioned oh we're gonna we're gonna do something with with ai as well like some local pizza joint

01:00:06.200 going hey we give you ai with your pizza hey and investors are supposed to go well i need to get

01:00:12.060 my money in that right now so everybody's trying to sell it off of ai but ultimately it's got to

01:00:17.900 come down to confidence like all markets it's about confidence right okay like is this ai product

01:00:25.040 going to perform is it going to revolutionize the world right now like we think it will or is it

01:00:30.400 going to take 10 or 20 years longer than we say and maybe we should hold off for right now because

01:00:35.040 a lot of money's wrapped up into it it is like like in 2008 are all these people actually going

01:00:40.460 to be able to pay back their mortgages no oh oh well in that case i'm gonna pull all of my money

01:00:48.640 out and then it all collapses and i'm not saying that there's any sort of collapse going on right

01:00:52.440 now uh but in south korea where a lot of these chip manufacturers are based yesterday there was

01:00:58.460 a big knock to what they're referring to now as black tuesday and we're going to see uh in the

01:01:03.960 long term what the effects of this are going to be if this is going to be some kind of crash if

01:01:07.760 this is going to be the domino that sparks the whole thing, or if it's just going to be a minor

01:01:11.480 dip and people are going to reinvest, and this will just be one minor dip in an overall huge

01:01:17.540 investment cycle, right? Because this is Korea's benchmark COSPI metric, and the COSPI is the

01:01:24.600 equivalent of the S&P 500 in South Korea, which dropped more than 10% on Tuesday as a global

01:01:33.940 semiconductor sell-off due to a semiconductor sell-off and concerns over intensifying competition

01:01:40.380 from China's changing memory technologies have hammered chip stocks. So there will actually be

01:01:46.700 an improvement in the supply of these chip stocks because China is starting to come into the market

01:01:53.560 and they're going to presumably go, well, we can produce a load of them to make up for all of this

01:01:57.540 supply. But the thing is that has its own knock-on effects because the bubble that's been built up

01:02:01.820 with certain companies where, well, you're only making so much money because there's a limited

01:02:06.100 supply. Well, now there's an abundant supply. You're not worth as much anymore. My investment

01:02:10.700 in you isn't worth as much anymore. There's always going to be these little knock-on effects.

01:02:15.660 So yesterday they had to close down trading for about 20 minutes.

01:02:22.860 And really, what, to stop and run on it?

01:02:25.860 Potentially, they had to open a sidecar so that they could get a lot of selling going on because

01:02:31.520 so many people were looking to sell some of their investments. They halted trading for

01:02:35.100 Cosby-listed shares for 20 minutes, and the sell-off was mainly led by foreign investors

01:02:40.920 who offloaded a net $4.98 trillion, the equivalent of $3.4 billion worth of shares.

01:02:49.160 Retail investors were net buyers of $4.32 trillion, while institutional investors

01:02:53.560 had $638 billion, but their buying was insufficient to offset the heavy foreign selling.

01:03:01.520 The chip makers were the ones who bore the brunt of the sell-off.

01:03:04.800 SK Hynix, one of the major chip manufacturers,

01:03:07.960 plunged 14.6% to 1.55 million won,

01:03:12.600 and Samsung fell 13%.

01:03:14.740 The declines followed a sharp overnight sell-off on Wall Street as well,

01:03:18.320 so this is actually not just something that's specific to South Korea.

01:03:21.800 The whole of Samsung was slashed by 13% yesterday?

01:03:25.920 Yes.

01:03:27.000 That's why you've been talking for the last few minutes.

01:03:29.440 I've actually been thinking, Wayne, a monologue is,

01:03:31.080 this isn't much this isn't that bad that's big though that's quite big potentially that's the

01:03:35.660 first thing you're saying where i'm like oh okay okay that's this is actually a bit of a story

01:03:39.840 this is that is yeah that's far from insignificant and there's stuff going on on wall street as well

01:03:45.020 again i think people one they're starting to get antsy about the overall volatility

01:03:51.280 of some of these shares that they've been these stocks that they've been buying because supposedly

01:03:56.840 one of the most volatile stock products available is the single stock leveraged exchange traded fund

01:04:03.500 an etf which is massively linked to samsung and sk hynix yeah and is mainly traded by funds

01:04:11.420 with companies like tesla nvidia meta and apple apple so a lot of companies that are heavily

01:04:16.940 they're all buying each other they're all buying each other and a lot of and a lot of these

01:04:22.280 investors are buying each other with these etf funds which are supposedly according to everything

01:04:28.240 that i looked into incredibly volatile because the way that you're supposed to work it they're

01:04:33.720 kind of working off of like a trade ratio where you're going to double or triple the amount that

01:04:37.800 the overall stock goes up on each day so the guarantee that they're trying to guarantee you

01:04:42.800 is if you get an etf however much the overall index goes up your investment will go up double

01:04:49.360 that so say say the index goes up 0.5 you're gonna get one percent investment increase today

01:04:55.500 you're gonna get 1.5 you but obviously with that comes a lot of risk oh yeah and there's a huge

01:05:01.840 amount of volatility with it and a lot of these people are going like no one can guarantee anything

01:05:06.700 maybe we should pull back on a lot of this stuff and if a lot of the bubble is being inflated by

01:05:11.060 these very versatile stocks then maybe that's not a great look maybe that's not a great investment

01:05:17.140 right now. We can't rely on it. South Korea, as mentioned, when it comes to random access memory,

01:05:24.040 RAM and DRAM, which is the most important one, 71% of it is currently produced in South Korea

01:05:29.740 and 45% of NAND chips used by the entire world are also made in South Korea. So if all of these

01:05:37.140 companies suddenly get a massive downturn in the amount of investment that they get when they're

01:05:41.040 trying to increase their operational capacity right now, then that could have a big effect

01:05:46.980 on the technology that everybody's using especially when all of it's being funneled to ai in the first

01:05:50.840 place i mean something like literally you want to go in a dixon's or tandy and buy a laptop a normal

01:05:58.460 person like you're i want to spend 1500 quid on a laptop suddenly it's like way way way more

01:06:03.580 expensive it's way more expensive and you're getting worse quality all right right okay you're

01:06:07.800 getting worse quality there are a number of reports saying that phone manufacturers and

01:06:11.320 computer manufacturers are saying that well you'll just have to go back to the kind of

01:06:15.340 technology that we were used to 15 years ago or read a book how about that actually read a book

01:06:20.720 or you could is that so crazy am i so analog and old-fashioned that i don't mind sitting down and

01:06:26.960 reading a book that's printed with ink on paper is is that too old-fashioned but yeah is is the

01:06:34.980 book going to auto generate your substack posts for you no is the book going to auto generate

01:06:42.820 a book a separate book that you then publish independently off of the back of your failed

01:06:49.980 reform campaign trail that's a negatory good buddy no it will not no it will you not you see

01:06:56.300 it's not going to generate a cicero quote which isn't even a cicero quote for me books are books

01:07:01.020 are pretty much a yeah exactly a a roughly real cicero quote a mostly true scrutin quote you know

01:07:09.960 a few of these

01:07:10.800 here and there

01:07:11.540 dribbled them

01:07:12.380 through the book

01:07:13.020 you got yourself

01:07:13.980 a top seller

01:07:14.620 you got yourself

01:07:15.080 a best seller there buddy

01:07:16.100 it's not going to do

01:07:17.400 that for you is it

01:07:18.260 and that's the

01:07:19.100 promise of this

01:07:20.100 but again

01:07:20.840 this isn't just

01:07:21.660 something in South Korea

01:07:22.600 they always have

01:07:23.640 knock on effects

01:07:25.620 SanDisk as well

01:07:27.360 you know SanDisk

01:07:28.120 who produce like

01:07:28.740 memory cards and stuff

01:07:29.580 they dropped 11%

01:07:31.560 on Monday

01:07:32.140 and were more than

01:07:34.160 down more than

01:07:35.020 an extra 5%

01:07:35.980 on Tuesday

01:07:36.620 it's not insignificant

01:07:37.800 is it

01:07:38.260 that's not to be

01:07:39.120 sniffed at

01:07:39.600 the stock has lost more than 40 percent of its value over the past month but here's the here's

01:07:44.520 the thing that has to be taken into account as well nevertheless remains more than five times

01:07:48.860 higher since the start of 2026 and where where is the that's got bubble written all over yeah where's

01:07:55.100 to be honest that has got bubble written all over it apologies folks when i loaded this article there

01:08:00.160 was a graph here that actually showed uh let's see if i can load it oh here it is there you go

01:08:05.180 so you can see so here's sk hynix and samsung like this is just over the course of seven months

01:08:11.020 almost eight months now it just goes to the moon and then it goes down again so it looks like we're

01:08:19.480 either on the bursting of a bubble or or a minor downturn and there is talk in here uh where sk

01:08:25.740 hynix samsung were planning on building two new chip plants a piece in south korea as part of a

01:08:31.080 combined 548 billion dollar investment to double their production capacity for ram chips over five

01:08:37.860 years which could you know alleviate a lot of the supply issues but with china pushing into the

01:08:44.980 market as well that investment well you've got competition now that investment isn't going to

01:08:49.960 be worth as much so you've got to start to see stuff like this going on anyone's interested me

01:08:54.020 and dan tubb who both know a thing or two about macroeconomics yeah a little bit i mean he more

01:09:00.560 than I would say, but anyway.

01:09:03.520 There's an old bit of content from one of my early epochs

01:09:06.840 where we talked about the history of market bubbles.

01:09:09.420 We talked about going back to, what would it be,

01:09:11.880 the 17th century, the tulip mania in the Netherlands,

01:09:16.820 and talking about throughout history half a dozen

01:09:19.440 of the giant bubbles that have happened.

01:09:21.760 Again, from the South Sea Company, the Wall Street crash, of course,

01:09:25.940 a number of these things.

01:09:28.260 Once you know a bit about it, you don't even have to know

01:09:29.980 a great deal about it things like this do stick out like a sore thumb like that's i always forget

01:09:34.400 that's a bubble was it south sea which one was it that isaac newton lost a load of money on it

01:09:38.960 it was a south sea bubble yeah even the smartest man ever got caught in a bubble because he was

01:09:44.080 like well it looks like it's just going up forever yeah that they don't talk about that

01:09:49.960 part of newtonian physics what goes up must come down oops uh and they talk about here there's a

01:09:56.260 there's a head of an equity research um a place called state street a woman called marija

01:10:02.940 weit main uh says about how the market is currently the reason for this is worried about

01:10:08.000 extra borrowing because obviously for massive investments you need to borrow a lot more so

01:10:12.520 then you've got to pay it back in dividends i used to work for state street oh did you really

01:10:16.400 yeah oh well there you go and truly like an evil multinational corporation they really are

01:10:21.740 they properly are you you turned the page right you you turned a new leaf and you're a good guy

01:10:28.260 now well i didn't even finish my probationary period because i was massively incompetent for

01:10:32.760 for the job that i just talked myself into an interview i'm i'm gonna pretend that what actually

01:10:38.720 happened is that you saw the evil that you were part of and turned your life around and decided

01:10:43.380 i'm gonna be a history youtuber that's gonna pay the bills and it worked out didn't it i applied

01:10:49.420 for a job that was way beyond me and talked myself into an interview and then within three

01:10:54.080 months they were like yeah you can't really do this job can you not really i've known a number

01:10:58.040 of people like that it happens it's not an uncommon thing that's mainly for bar and restaurant work

01:11:02.260 they've never talked themselves into a massive equity research place but she carries on to say

01:11:09.260 that negative momentum is building up she says that the sell-off is looking like a spiral but

01:11:14.300 then she follows it up by saying reading through the results from the companies that have reported

01:11:18.200 so far demand is still fantastically strong though so for us it's a buy the dip opportunity

01:11:23.680 so according to this woman despite the fact that she says it looked like a spiral

01:11:26.660 she's also saying there might just be the right time to invest it's a classic economist thing

01:11:32.700 it's like wait what are you saying is it a massive bubble or should we buy the dip

01:11:37.080 but you don't know right you don't know i mean when you know the credit crunch of 2007 through

01:11:43.260 to 2009 that whole credit crunch i was working at jp morgan and every month we we had a lecture

01:11:49.840 essentially from their sort of their senior economists their sort of their their a team

01:11:55.220 of people have been to oxford and cambridge and studied economics at postgrad and all that sort

01:11:59.080 of stuff they're supposed to know exactly what they're talking about for months they didn't say

01:12:02.760 anything about subprime mortgage bubbles nothing nothing then it happens and they were like yeah

01:12:07.240 subprime mortgage is better yeah it's because uh there's a credit there's a well we all saw this

01:12:12.900 they didn't know they didn't know really what they're talking about they're just talking the

01:12:15.980 talk yeah just talking the talk that's what most economists are well it's most of it it's most

01:12:23.000 economists and it's most of the economy itself is especially when you're talking about like the

01:12:28.420 last time i covered this the money that has been put up into all of this ai investment is like

01:12:34.640 orders of magnitude more than any of the real money that actually exists within these companies

01:12:40.780 so it's like massively inflated it and it's all off the back of confidence games it's just it's

01:12:46.240 just confidence games my my product is going to revolutionize the world and everybody goes we're

01:12:50.960 going to throw money at this guy who's going to revolutionize the world and then it doesn't

01:12:53.820 revolutionize the world and then one guy's the first one to go hmm hold up actually i'd like to

01:12:59.000 get my investment back now before it's too late and then everybody everybody follows suit look at

01:13:03.680 the nasdaq the classic nasdaq bubble of the very early 2000s classic classic bubble was that the

01:13:09.480 Dot com.

01:13:09.960 Yeah, yeah.

01:13:10.600 This seems to have similar things written all over it.

01:13:14.720 I mean, if you go back to tulip mania of Holland in the early 18th century,

01:13:20.420 sorry, not the 17th, where people were buying and selling and trading tulip bulbs.

01:13:26.960 There's nothing worse than that.

01:13:28.380 But the confidence in the market was that they're worth that much.

01:13:32.000 The demand for them is so high.

01:13:33.260 That's a good bulb right there.

01:13:34.760 This one tulip bulb, you could swap it for an entire house, a mansion.

01:13:38.600 just makes sense to me because that's what it's worth that's what people were prepared to trade it

01:13:43.080 for until suddenly people like not sure about that and almost almost in the blink of an eye

01:13:51.240 oh wait these are just tulip bulbs well yeah what we're doing wait what we have what's happening

01:13:56.240 now you must have felt like you must have felt like the american indians getting your little

01:14:00.200 bag of beads and going like wait oh no yeah i've made a terrible mistake oh no

01:14:06.680 can we have the land back please you got your bag of beads there mate sorry no backsies we shook

01:14:13.240 hands um yeah but it's it's interesting that the bank of england is also looking into the actual

01:14:18.680 equity risk of all of this because they're finding a lot of english and british investors

01:14:22.840 have got a lot of money tied up into this and they're thinking to themselves with asia going

01:14:27.960 the way it is especially in south korea is it good that a lot of british money is tied up in

01:14:33.700 this foreign investment that's very volatile and we don't know where it's going to go so they're

01:14:37.580 looking at potentially putting some regulations into it but we'll see where that goes uh but the

01:14:41.480 ultimate the ultimate result of this is like what's actually happening on the ground level right now

01:14:47.180 with consumers why is it samsung like sorry not samsung why is it that samson cries himself to

01:14:55.000 sleep every night yeah our producer samson cries himself to sleep every night clutching at the one

01:15:01.200 a minor piece of overpriced ram he's had to sell his entire family for that's right samson had a

01:15:07.120 family they're dead now he sold them to afford ram and why is that well it's because it's just

01:15:13.900 so bloody expensive and it's having knock-on effects elsewhere valve have their handheld

01:15:18.900 gaming console the steam deck which i managed to get um get a hold of earlier on this year

01:15:24.300 before it massively ramped up in price it's gone up 40 percent in price now and that's if you're

01:15:31.300 if you're looking at the products that are available the only affordable one uh has now

01:15:36.820 just been taken off of the market they're barely producing them because of the ram shortage

01:15:41.720 and now as a result because the cheapest one that you can get is 650 pounds well nobody's buying

01:15:49.480 them anymore they've they've dropped sales over a week by 82 so that so it's almost entirely wiped

01:15:58.240 out demand and i think you're going to see a lot more of this actually as it goes on because the

01:16:02.500 steam machine which was there like that was yeah this is going to be our high yeah this is going

01:16:07.280 to be our home gaming console it's going to be a home gaming pc console all in one how much is the

01:16:13.560 beginning of the opening price for it about a thousand dollars and it's not very good yeah i

01:16:19.660 mean it's not a high spec thing yeah if you're going to spend the money on that at least with

01:16:22.540 the steam deck you can just like oh i'm going on a train i'll just yeah it has a dual purpose

01:16:27.280 uh but like with a home game console just get something cheaper there's going to be no demand

01:16:31.940 for build a pc and i'll dig my ps1 out of the loft that's fine yeah classic or again you need

01:16:38.040 read a book there's always that you could settle down with a you know a dickens or something or

01:16:45.720 learn to weld oh yeah yeah the audience go out and play a bit of football play a bit of curbsy

01:16:51.220 i think you're being a bit condescending to our audience members right now bo because you know

01:16:55.160 they can't read because if they could read or islander can be reading islander right now

01:17:01.840 because you'll abort it because you can read if you can't if you haven't got islander i assume

01:17:06.700 you're illiterate so i think he's having a proper hour audience but it was a clever ploy there you

01:17:12.100 go it was a clever clever play two in one segment can you believe it um they really should get me

01:17:17.580 to do all of this stock stuff because i am the ultimate confidence man uh but valve is saying

01:17:22.300 that retail memory prices are lagging and about to become even more expensive uh that's that's

01:17:27.780 just a cynical ploy to get sales either way the top steam machine engineer is saying that you

01:17:32.560 apparently have about three to six months before memory prices get even more extortionate so

01:17:37.280 whether or not it's a ploy to you best get your steam machine right now because otherwise they're

01:17:43.400 going to be four thousand dollars in a few months uh probably not too far from the truth to be

01:17:49.300 honest with the way the prices are going up i know a little bit about macroeconomics and asset

01:17:55.800 management stuff what i don't know about is really the technical side of the production of

01:18:00.420 semiconductors right i don't know about that yeah so but so is it that you say that there's a

01:18:06.060 shortage of ram as though there's a shortage of milk or something is it because well the the

01:18:11.420 semiconductor small number of semiconductor producers in taiwan and south korea uh there's

01:18:17.620 just far too much demand for them ai is that what it is and so there's a shortage of ram

01:18:23.840 ai companies have bought it all up prior to the ai companies coming and buying it all up

01:18:28.200 they were actually getting cheaper it was adhering to sort of like a moore's law sort of thing

01:18:33.060 it gets more efficient to produce them that it gets more cost effective to produce them

01:18:37.860 so we don't have to spend as much on them so we can lower the price big ai companies are buying

01:18:43.300 all the ram yes for their data centers okay that's like that's literally why the prices have

01:18:50.800 skyrocketed why samsung and the other companies want to build more uh factories for them to be

01:18:57.780 able to produce them because apparently there's only a limited amount of these uh silicon wafers

01:19:04.080 which you have to use for them are produced each year so the limited amount means that limited

01:19:10.040 supply if the ai company buys them all up will maybe earmark a few of them to go out to more

01:19:15.380 consumer and retail sellers but ultimately the ai companies want all of them and hey if the ar

01:19:20.760 companies are willing to put up all this money for them well they're our best customer why wouldn't

01:19:24.820 can't sam altman or elon or apple or alphabet can't they make their own semiconductor

01:19:30.980 facility i mean maybe why aren't they doing that why can't they do that there's plenty of

01:19:38.540 silicon in the world as a natural resource there's loads of that in the earth's crust i don't actually

01:19:43.060 know why they don't make it themselves uh but that is an interesting question but with the way that

01:19:47.600 the situation is right now uh you get the obviously you get valve you get the steam machine you get

01:19:52.460 google saying that the next phone that they release will be affected in price because of

01:19:57.100 the actual cost of ram costs surging ram costs surging sixfold so this is reworking android to

01:20:03.280 use less memory so you're going to have to accept less technological advancement at a higher price

01:20:10.640 because of all of this but on your question why can't they just make more of it why can't they

01:20:17.000 just make more of it quicker well that's the interesting thing is perhaps the only way that

01:20:21.680 samson is going to be able to get to sleep at night overall sense the most effective

01:20:25.640 samson our producer samson it's got some hair and blood well god knows what else a kidney or two

01:20:32.400 all of them every organ so in his final moments he can get that last stick of ram

01:20:38.460 to carry him off into the sweet night um well people are people are putting forward a lawsuit

01:20:45.120 accusing the three largest man ram manufacturers samsung sk hynix and micron technology

01:20:50.980 of colluding to drive up prices so these guys this class action are saying this is an old-fashioned

01:20:56.960 cartel move which it might be this is this has been uh this has been put forward last month who

01:21:04.400 knows i wouldn't put it past them though and so we'll find out so perhaps this whole thing has

01:21:09.420 been a big cartel cartel scam the whole time and valve are going out of business and samson's

01:21:17.240 selling his last kidney and uh the entire world is going to pot all off the fact that these three

01:21:23.540 decided to collude to make a little bit of extra cash uh we'll find out but uh until then uh that's

01:21:30.340 where i'm gonna have to close out this tragic story i'll go into a few rumble rants and then

01:21:34.280 get on with the video and written comments okay uh where are we got quite a few random name we're

01:21:43.180 the same age harry and are are we because i look a lot younger than you and i needed to pay for

01:21:49.020 trade school stopped after six months because i was dead i don't even know how do you know what

01:21:54.060 you they look like do you meet him at the live show he was at the live show okay yes yeah he's

01:21:58.380 very brown um connor's smug mug can we get back to hard carton packaging instead of soft package

01:22:05.340 with a carton back in the future while my islander arrived in decent condition the corners and spine

01:22:09.640 had some had some damage i'm sorry to uh sorry to hear that um apologies yeah apologies it's been

01:22:16.340 really hard to just deliver a few thousand you might think you've got to deliver a few thousand

01:22:21.560 of these uh around the world a few thousand it shouldn't be that difficult we're not talking

01:22:27.220 tens and tens and tens of thousands it actually is technically logistically physically difficult

01:22:33.100 to achieve that seamlessly.

01:22:35.620 Who knew?

01:22:36.660 Who knew?

01:22:37.700 So apologies if yours is slightly damaged.

01:22:39.620 Yeah, apologies.

01:22:40.500 Apologies.

01:22:41.540 At least it arrived.

01:22:42.780 There was that whole issue a few years ago

01:22:45.180 with people struggling to receive them in the first place.

01:22:47.920 At least we're past that.

01:22:49.660 Random name.

01:22:50.300 So what you're saying is that we're on one technological leap away

01:22:52.940 from living a real-life Cortana from Halo, 0.99

01:22:55.720 which will turn all women into rabid Luddites. 1.00

01:22:58.800 Can't wait. 1.00

01:22:59.600 Lamao.

01:23:00.280 It's looking that way.

01:23:01.600 Sam Altman told me in a dream.

01:23:03.580 Sigil Stone.

01:23:04.740 The RAM manufacturers have been found guilty

01:23:06.760 of operating a cartel before.

01:23:08.620 The effing is over on purpose

01:23:09.700 and there's a guy on YouTube

01:23:10.600 producing viable microchips in his shed.

01:23:13.300 Let's get in touch with that guy.

01:23:15.080 Samson, we might have found the problem

01:23:16.840 and we might have found the solution.

01:23:18.960 Acid Helm.

01:23:19.600 I'd like to apologize if this morning's

01:23:21.160 Emon Holmes bit was a tad too far.

01:23:24.300 Hope everyone at the studio is doing well.

01:23:26.440 Keep up the good work, lads.

01:23:27.560 Is that in reference to...

01:23:28.420 Yeah, yeah, yeah.

01:23:29.800 Don't worry about it, man.

01:23:30.680 You don't need to apologise, honestly.

01:23:32.420 Honestly, it was fine.

01:23:34.180 Well...

01:23:34.480 It's just a running joke about Eamon Holmes

01:23:37.320 being guilty of things he's obviously not guilty of.

01:23:40.640 Oh, right.

01:23:41.100 That's all.

01:23:41.560 Oh, okay.

01:23:42.420 And it was just with the Southport thing.

01:23:44.460 I was just like...

01:23:45.500 But you don't have to apologise.

01:23:47.680 Don't feel like you need to apologise.

01:23:49.160 I just didn't read that bit of it out.

01:23:52.100 That's all.

01:23:52.400 There you go.

01:23:53.800 No biggie.

01:23:54.640 No biggie.

01:23:55.160 The guy making chips in his shed is Dr. Semiconductor.

01:23:58.520 Excellent.

01:23:58.940 We'll have to check that out.

01:23:59.760 one tall order can't get on board with ai whatsoever as i know the real reason global

01:24:04.160 capital and the political class wants it is to institute the total digital panopticon yeah when

01:24:08.880 tony blair is so heavily involved in significant parts of it you can assume that that's the case

01:24:13.140 tall order again can we get a podcast segment on flock safety and other similar similar insidious

01:24:18.520 ai surveillance companies i'll take a look into that thank you for the thank you for the suggestion

01:24:22.860 ko 7776 economist this is either a massive bubble or it's not me what a gripping insight that's why

01:24:30.740 they get the big books yeah that's that's why beau clearly wasn't suited for it he just couldn't come

01:24:35.400 up with amazing insights like that it's kind of thing you know there's that technique of palm

01:24:40.620 reading or whatever where all they really do is a little bit of cold reading on what they think you

01:24:45.120 want to hear and then saying things that just aren't definitive oh yeah just like horoscopes

01:24:50.220 all of that that's what most economists are doing most of the time i'm sensing it really is

01:24:55.680 i'm sensing that there's a loss in your history yeah yeah there you go and oh my god you're

01:25:02.300 talking about my uncle david yes yes david that's who i'm talking about yes i'm sensing you might

01:25:07.780 not be 100 happy in life yeah that describes me yeah yeah everyone i've seen i've seen it happen

01:25:17.200 in person man it's it's quite distressing how well it works on yeah yeah yeah uh random name

01:25:22.880 looking at samsung stock on trading view and google they lost roughly 44 of their stock's

01:25:27.500 value in the last 40 days i'm no economist but that sounds quite bad lamau sigil stone why don't

01:25:33.520 they make their own because if you try to build your own fab the cartel will cut you off forever

01:25:37.200 cut off anyone that works with you and you won't get the technology you need yeah it might just be

01:25:41.420 a case of well if you start building your own we've got the access to supply chains that you

01:25:45.700 won't get access to there you go no one will buy no one will be able to buy off of you that's just

01:25:49.900 gangsterism isn't it yeah that is how gangsters conduct themselves isn't it it works though

01:25:55.380 yeah that's the sad thing hapsification or we could build ram factories in britain we could

01:26:00.080 use the investment get on with it burnham that's going to be the burnham bump it's going to make

01:26:03.880 sure that we can all afford cheaper phones random name we spoke at the live event bow i'm actually

01:26:09.320 eastern european uh live in canada but the joke is i'm brown because eastern europeans are

01:26:14.100 spiritually brown no i meant it in that you actually are tanned oh just tanned not borderline

01:26:21.080 okay also i'm fairly certain i'm a few months younger than you harry but being eastern european

01:26:25.700 we age like milk because they feed us vodka instead of breast milk at least you're all

01:26:29.000 having a great time over there oh i do remember i do remember that guy yeah of course yeah yeah

01:26:32.620 now that you remember eastern european it's come straight back the guy that lives in canada

01:26:38.420 Oh, yeah, yeah.

01:26:39.420 All right, let's go on with some video comments.

01:26:42.920 I'm seeing a lot of people reporting the Halo remake

01:26:45.280 as a woke financial failure.

01:26:46.960 But here's the inside scoop.

01:26:48.240 Microsoft is dead set on avoiding paying benefits

01:26:50.720 and thus has everyone in 18-month contracts.

01:26:53.160 Of course, this is a problem with a game like Halo

01:26:55.080 with its own proprietary engine,

01:26:56.620 which takes about 18 months to learn.

01:26:58.300 The objective with the Halo remake

01:26:59.640 was to essentially subsidize the redevelopment

01:27:01.820 of the entire Halo sandbox within Unreal 5.

01:27:04.460 It won't be a financial failure because it can't be.

01:27:06.800 Of course, the true value of a game studio is the more-than-the-sum-of-its-part social system of people's relationships within the studio.

01:27:12.880 Of course, 18-month contracts prevent this from happening,

01:27:15.400 and the Halo remake is simply Microsoft octupling down on the fundamental problem.

01:27:21.000 That's an interesting insight. On the Daily Channel today, there should be a Halo video that I've done talking about that.

01:27:27.460 And when you say it won't lose money, yeah, it was already on, like, third place on the Steam sales charts, unfortunately.

01:27:33.600 Have you looked into any of it, Nate?

01:27:35.620 No. 0.98

01:27:35.860 it's just slob 1.00

01:27:37.500 they did some

01:27:39.820 cinematics and people are complaining 1.00

01:27:42.520 it's ugly women 1.00

01:27:43.440 it's ma'am 1.00

01:27:44.560 they added a woke girl boss in there 1.00

01:27:48.560 who's like 1.00

01:27:49.140 takes more than a fancy suit of armour to impress me

01:27:52.560 master chief

01:27:53.540 that's just what Halo needed

01:27:56.720 and not just any Halo

01:27:57.940 a remake of the first one

01:28:00.160 in 2001 when those kids

01:28:02.520 sat down with their Xbox they were like

01:28:03.980 I wish there was a girl boss emasculating me. 0.99

01:28:07.280 I wish I was condescended too much. 1.00

01:28:09.080 Yeah.

01:28:10.020 I played a bunch of Halo 3 on the Xbox 360.

01:28:13.720 Classic.

01:28:14.200 And that's it.

01:28:15.020 That's it.

01:28:15.440 Ever since then.

01:28:16.440 That's all you've needed.

01:28:17.220 Your life's been complete since then.

01:28:18.700 Yeah.

01:28:20.060 It was that good.

01:28:21.200 It was great to shoot someone and then stand over their body

01:28:25.960 and crouch and stand.

01:28:27.620 That was fun for a few months.

01:28:29.980 And then that's it.

01:28:30.520 I don't need Halo in my life beyond that. 1.00

01:28:32.540 certainly don't need some digital girl boss 1.00

01:28:34.900 if you get the chance 0.99

01:28:36.340 play the original three

01:28:38.300 because they're really good

01:28:39.560 well I mean 0.98

01:28:41.220 digital girl boss but an AI robot

01:28:45.080 I mean that's the whole

01:28:46.580 appeal of Cortana surely

01:28:47.920 I'm not going to rule it out it would be churlish

01:28:50.380 to rule it out entirely

01:28:52.600 it would be classless really

01:28:54.740 wouldn't it

01:28:55.300 anyway let's carry on with the next one

01:29:02.540 Is this...

01:29:03.860 He said this before.

01:29:04.740 I remember this.

01:29:06.380 This looks cool.

01:29:09.020 This is an update on it.

01:29:14.600 Yeah, I love people doing stuff like this.

01:29:17.960 Well, the first video...

01:29:20.860 He was like, this is the furries and troops.

01:29:24.720 Also, there's, like...

01:29:27.240 Dave in his shed making cool stuff.

01:29:29.720 that looks

01:29:32.100 deeply unappealing

01:29:33.800 to me

01:29:34.260 I was going to say

01:29:35.160 that looks like

01:29:36.080 a recipe for a

01:29:37.400 morning of a

01:29:38.500 headache

01:29:38.820 the next day

01:29:39.760 what a great

01:29:40.420 night though

01:29:41.000 what did I do

01:29:41.740 the little go-kart

01:29:43.700 bit looked alright

01:29:44.400 the rest of it

01:29:45.020 do that

01:29:45.400 that'd be fun

01:29:45.940 I liked all the

01:29:46.640 people showing off

01:29:47.520 their wacky shed

01:29:48.720 inventions

01:29:49.160 that's great

01:29:49.820 that's the spirit

01:29:51.020 of robot wars

01:29:51.940 I'm thinking the

01:29:53.220 type of music

01:29:53.960 where you do have

01:29:54.900 to be on some

01:29:55.540 sort of drug

01:29:57.060 some sort of

01:29:58.120 amphetamine

01:29:58.560 I don't even know

01:29:59.200 what

01:29:59.480 oh god knows what otherwise it's psychedelic yeah if you're there and you're just sober it's like

01:30:05.900 this is really obnoxious and far too loud you're good for like five minutes and then you wake up

01:30:11.120 you're almost like become conscious within your conscience and you're like

01:30:14.240 what am i doing here again i'd rather be at home with a dickens reading or learn into the world

01:30:20.800 let me introduce you to my friend let's go to a rave let's go to a rave then harry all right

01:30:29.220 let's do it let's like give me the date all right i'll be there what i'm hearing is you take drugs

01:30:35.760 recreationally that's what i'm hearing that's what i'm hearing from you harry i don't actually

01:30:40.540 okay all right for the record i'll make an exception yeah but for nate i'm gonna prove you

01:30:47.560 wrong all right let's get on with the next one looking at the henry novak situation and many

01:30:54.100 other similar incidents of crimes against Europeans in Western countries, I find myself 0.80

01:30:59.260 thinking back to the helot system of Sparta, helots being the slave population there. 0.79

01:31:06.140 Young Spartan men were actually expected as a rite of passage to go around and brutalize 0.63

01:31:11.460 helots that seemed like they were a little too tough or uppity for their own good.

01:31:15.340 And I can't help but see that this is very similar to how a lot of young people view 0.86

01:31:20.180 their relationship with the Western whites that they live among.

01:31:24.100 yeah I mean it's very interesting that the sort of the white native Brits now 0.66

01:31:28.260 are something akin to the Helots in Spartan society yeah what happened in 0.93

01:31:33.160 the end there anybody pop quiz anybody yeah the Helots rose up in the end

01:31:37.360 because people have got a breaking limit yeah and there's far too many of them 1.00

01:31:42.880 compared to Spartan citizens well on that I'll just remind everybody we've 1.00

01:31:50.320 gone a little bit over time so we're gonna have to call it there I'll remind

01:31:53.540 everybody that in about 30 minutes there will be a sit down round table with some of the presenters

01:31:58.100 talking about Christopher Nolan's Odyssey film so if you are subscribed to the website please

01:32:03.860 tune in so that you can watch that get yourself a copy of Islander Nate Bo it's been a pleasure

01:32:09.940 my friends and to everybody at home take care

The Podcast of the Lotus Eaters - July 29, 2026

The Podcast of the Lotus Eaters #1472

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