If rich people can profit from huge crises, why can’t the rest of us?

Last Updated: January 7, 2024By Tags: , , , , , , , ,

House prices: they’re high, despite interest rates also being high, because rich people have been given huge amounts of money by the UK’s Tory government. They’re using it to buy assets.

Gary Stevenson’s latest video discusses the reasons for house prices staying high even though interest rates have been high also. TL:DR – It’s because rich people have lots of cash to splash around.

The question raised in This Writer’s mind is: if rich people can take advantage of the crises we’ve suffered over the last few years to get richer, how can the rest of us manipulate events to make ourselves richer too?

There has to be a way, don’t you think?

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Here’s the video:


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2 Comments

  1. Martin Odoni January 9, 2024 at 12:35 pm - Reply

    The difference is, if ordinary people find a way to benefit from calamity, the Government would immediately introduce new laws to stamp it out. When people who already rich find ways to benefit from calamity, they are applauded for “ingenuity”.

    • Mike Sivier January 9, 2024 at 5:06 pm - Reply

      I reckon that’s absolutely right.

      How do we get around it, then?

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