The Iran economic shock is coming. How to protect yourself

The Iran economic shock is coming. How to protect yourself

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“Here’s me in the UK, which is probably the least prepared country in the world for an energy price crisis, right? Massively dependent on imported energy, hasn’t built up its own energy storage, doesn’t have an enormous amount of reserves of energy like other countries like Japan or Korea have, which it probably should have done, and yet when there is an energy price crisis, what happens to me? I make hundreds of thousands of pounds because I own the energy. If you are watching from America and you are paying more for energy, despite the fact that there is a fuck-ton of oil in your country, that’s because you don’t own your oil, I do. And the point I’m trying to make here is when I come out here every fucking week and tell you guys ‘You need to care about wealth distribution’, it’s not because I am some fucking communist tree-hugging hippie. It is because if you do not own your resources, then when the price of the resources go up, you are fucked.”

Gary Stevenson

Papering over poverty


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“The Tories last year voted against a housing bill, right, this bill, it wasn’t asking much, it wasn’t attempting to turn Buckingham Palace into temporary housing for sex offenders. It was suggesting that private landlords have a legal obligation to ensure their properties are fit for human habitation. What sort of fucker votes against that? I wonder how many of the seventy Tory MPs, who are also private landlords, voted against that, including David Cameron? I’ll give you a clue: it was all of them!” Jonathan Pie, played by British actor Tom Walker, suggests that a healthy UK economy would need to do more than to create an environment in which only the wealthy do well.

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