31 Jul

Another Europe Podcast

A 40 minute podcast about my time as a trader, the economic crisis of 2008, and how its mistakes are being repeated now in 2020 – 30 July 2020


17 Jul

My YouTube Video Explaining How the Rich are Getting Richer From Covid-19

I put a lot of work into this YouTube video! Please check it out, share, like, subscribe, and send me a message telling me what you think!


22 Jun

Articles on Coronavirus, March to May 2020

In the last three months the world and the global economy have been completely rocked by the Covid-19 pandemic. This crisis has huge implications for wealth inequality. It will likely cause a significant increase in inequality, and, through the channels described on this website, that will cause increases in house prices, and decreases in the spending power of wages.

I have written and had published a few articles explaining how this will work.

Firstly an article for OpenDemocracy explaning clearly how the crisis is making rich people richer, by following cashflow changes through the system:


Secondly a follow-up article for OpenDemocracy explaining what that will do to the economy: higher house and stock prices, an increase in inequality, and a fall in the spending power of wages:


Finally I wrote a very short comment article for the Guardian explaining similar arguments:


Thanks to everyone who read the articles and provided feedback. I think that we are likely to see big increases in inequality over the next few years, which will have a big effect on the economy and people’s lives. Please do share the articles if you think that their message is important.

Good luck!

09 Jul

Welcome to Wealth Economics

The markets have incorrectly predicted a recovery in interest rates and the economy in 2009, 2010, 2011, 2012, 2013, 2014, and are currently predicting the recovery in 2015.

They have no idea what’s going on.

Real wages are falling downwards or stagnating and house prices are spiralling upwards, and economists have no idea why.

While trading interest rates in financial markets I developed a theory that enabled me to become Citibank’s most profitable trader globally in 2011.

The theory explains why interest rates have stayed low for 6 years longer than expected.

It also explains why real wages have fallen and houses have become less affordable, and why these trends will continue indefinitely until we take action.

This theory has been, and continues to be very profitable for predicting global markets.  I could make money from it, and you can make money from it, but it will be impossible for us to increase wages or improve housing affordability unless this theory becomes widely understood, so I have chosen to try and go public with the theory.

If you are new to this site, I recommend starting with the introduction.  It explains a little about the theory and how I developed it.

The theory is then explained in three parts.  It takes about 30 minutes to cover the whole theory, and is written very simply, so that anyone can understand.  No advanced economics of the theory is needed.

I have also included a short piece on how to fix the problem, raise wages and make housing more affordable.

If you like my writing so much that you want to read more of it, I will be sporadically posting blog entries.