Will Gary’s predictions for 2025 be as accurate as they were for last year?
Everybody’s crystal ball-gazing at the moment – but will Gary’s predictions for 2025 be as accurate as they were for last year?
Here’s his video clip:
So, right from the off, he told us where you could find his predictions from last year – https://youtu.be/ri9EMMpdFjU?si=gDiaWxCEQFxBXIvX – and what they were:
- Inflation would come back to target
- Interest rates would start to fall
- Stock prices would rise massively
- The price of gold would rise massively
- House prices would start to rise also
- But living standards would worsen and poverty would increase.
- Labour would win the election because the Tories were super-unpopular…
- But Labour itself would become unpopular very quickly.
Now, he’s saying, that is exactly what has happened.
He reckons this year will be different:
Asset prices are all hitting all-time highs: stocks, gold, housing, he says – but we don’t hear about that (biased media again?) because living standards have continued to decline. That gives an (accurate) impression of a very weak economy.
But that’s taking the economy as it affects the entirety of the UK population.
Narrow it down to the super-rich asset-holders, and they’re having a great time! In the words of Macmillan, they’ve never had it so good.
So they’re hardly likely to care about the rest of us suffering an economic crisis. We really can all freeze to death in our hovels as far as they’re concerned – and the sooner, the better, because then the property will be vacant and they can buy that as well.
David Cameron finally got his way and dragged the UK back to Dickensian times after all. He must be delighted.
The current economic crisis is one of inequality. But if that’s the case, why aren’t the media and the government saying as much and doing something about it?
Well, says Gary, last year there was a widespread perception that the economy was still weak because of the aftermath of Covid-19, and because of the Russia-Ukraine war.
But now everything has normalised – and living standards are still worsening. And now it is harder for the politicians (any of them – remember, everybody elected to the Palace of Westminster is a lot richer than you) and the media to spin that this is temporary.
But they have tried, and that is why so many governments have lost power in recent elections; their respective electorates have lost faith in them.
The trouble is, their replacements don’t have any good ideas either – and this creates dangerous opportunities for those on the fringes of politics who have ideas that should not be tolerated.
So the right-wing of politics – loonies like Kemi Badenoch and Nigel Farage – say the problem is migration. It isn’t, of course. If they manage to get power, they will hammer Johnny and Janey Foreigner – but this will not solve your money problems.
But then they’ll just move on to the next stage of their narrative – that it’s all the fault of the left-wingers who didn’t let them go far enough, and they must be allowed to go further.
That is the slide into fascism.
And they are engineering it specifically to divert your attention away from the fact that they aren’t actually lifting a finger to tackle the real problem, which is wealth inequality.
Next, Gary moves on to try to discuss new ideas from the political left – but I think he goes astray by talking about Labour as though that party was still left-wing in any way.
Watch the clip: Gary himself says Labour won the election by default – by not being the Conservative Party. It wasn’t because of any magnificent economic policy, and in fact if you were to ask anyone on the street now – or even yourself – what Labour’s economic plan is, you’d come back with no useful ideas.
Gary reckons the big idea is “be sensible hard enough and things will get better” – and it will fail.
So what’s the real choice? What should we be demanding?
Simple: tax the rich more – or accept that you are poor now and your situation can only worsen.
At the moment, unless you are a super-rich asset-owner, your fortunes are in decline at a steeper rate than before. Gary uses the word “immiseration”, which I would define as impoverishment as an act of political policy.
So if you’re not super-rich now, you’re in a bind – because almost nobody who wants you to vote for them has any intention of attacking wealth inequality by doing one simple thing: taxing the rich.
Gary provides a great metaphor: it’s as though the economy has cancer and the government – the whole political class – does not believe cancer exists.
What are you going to do, then?
Gary reckons he’ll do everything he can to raise awareness that the only issue worth a farthing is inequality; you would be wise to do the same.
There are four and a half years – at most – until the next election and those in power will dig their heels in hard to stop us from talking about it.
But there are more of us than them – aren’t there? Or are you just too timid to come out and stand up for yourself?
Vox Political needs your help!
If you want to support this site
(but don’t want to give your money to advertisers)
you can make a one-off donation here:
Be among the first to know what’s going on! Here are the ways to manage it:
1) Register with us by clicking on ‘Subscribe’ (bottom right of the home page). You can then receive notifications of every new article that is posted here.
2) Follow VP on Twitter @VoxPolitical
3) Like the Facebook page at https://www.facebook.com/VoxPolitical/
Join the Vox Political Facebook page.
4) You could even make Vox Political your homepage at http://voxpoliticalonline.com
5) Follow Vox Political writer Mike Sivier on BlueSky
6) Join the MeWe page at https://mewe.com/p-front/voxpolitical
7) Feel free to comment!
And do share with your family and friends – so they don’t miss out!
If you have appreciated this article, don’t forget to share it using the buttons at the bottom of this page. Politics is about everybody – so let’s try to get everybody involved!
Buy Vox Political books so we can continue
fighting for the facts.
Cruel Britannia is available
in either print or eBook format here:
The Livingstone Presumption is available
in either print or eBook format here:
Health Warning: Government! is now available
in either print or eBook format here:
The first collection, Strong Words and Hard Times,
is still available in either print or eBook format here:
The Conservative Party do what they say on the tin. They want to keep things the way they are/were for them and their rich friends. The Labour Party were formed to represent the working class and to look after the interests of those who couldn’t take care of themselves. What they did for people was to take on the role of caring for the sick, unemployed, retired etc from the church who had previously done these things for the ‘deserving poor’ Now Labour have forgotten what they are for and simply mirror the Conservatives. Across the world politicians are trying their level best to ‘take care of the economy’ rather than to take care of their people. When you care for the people the side effect is that the economy improves. If you care only for the economy it’s likely the people will suffer further. We’re measuring political success with the wrong metric..
I think that your point is very well put.