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About this episode
I made millions of pounds betting on economic destruction. Here's how I did it. How you could do it too. But also why it doesn't matter if your aim is to change anything politically.
(00:00) Intro
(03:14) Trading is economic forecasting
(09:30) Being right when others are wrong
(15:45) Identify one thing people are wrong about
(17:15) Why I love trading
(19:03) What good traders do
(21:41) I don’t care about your opinion
(23:09) Counter-trend trading
(25:17) The downsides of trading
(28:28) You can’t change things as a trader
(30:35) Trading sucks up all the talent
(31:58) Is trading economic analysis?
(33:30) The worst economists
(36:17) Trading is meritocratic
(40:00) Why this matters for politics
(42:52) Politicians won’t listen to me
(44:05) What can we do?
(46:40) What I am hopeful about
Get every episode summarized
Each time Garys Economics publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.
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