DURATION: 11 MIN | DATE: JUNE 29, 2023 | CATEGORY: WEALTH INEQUALITY
Ep 01 The missing £700: Where is the money?
The £700 billion refers to the total government deficit accumulated by the UK Government during COVID.
Notes & Key Takeaways
COVID Debt
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COVID saw an enormous transfer of cash from the government to the rich, which has led to a big increase in government debt.Â
Who got richer during COVID?
The UK government has given away the equivalent of £14,000 per adult in the UK, so if you aren't £14,000 richer than you were at the beginning of COVID, someone else is.
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Community Discussion (12)
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John Anderson
The way wealth inequality was broken down in this episode is genuinely eye-opening. Gary has a talent for making macroeconomics feel personal and urgent.
Elena Rodriguez
Could someone clarify the source of the conflict metrics mentioned around the 12:45 mark? Zee's analysis is brilliant as always.
Marcus Chen
Sage Mode is exactly what I've been looking for. Finally, a platform that respects the learner's intelligence without gatekeeping essential concepts.