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For those interested, Gary Stevenson has an interesting take on what is causing this, even though his view is focused on the UK market: https://www.youtube.com/

• cedws 2y ago
  Something about Gary Stevenson doesn't feel right. Although what he says generally sounds good, all of his videos contain the exact same rhetoric about blaming problems on wealthy people. And yes, he says he's an inequality economist so it makes sense that he would say this, so why not show the numbers and data to back up his claims? He talks for 10-20 mins seemingly pulling his theories out of thin air. In that very video you linked he claims he saw house prices rising as a result of COVID while all the other economists were blind to it... uh no? He doesn't use the kind of vocabulary I would expect from somebody who has deep knowledge of the subject either. What is he getting out of making these videos other than playing the populist game? Has he actually been verified to ever have been "Citi's top trader"?
  • m4rc1e 2y ago
    His recent book went #1 on the Times best seller list so I guess his videos have been a brilliant form of marketing.