Downstream: Everything They Tell You About the Economy Is Wrong w/ Gary Stevenson

Novara Media

Philosophy, News, Politics, Society & Culture

4.8 • 1.4K Ratings

🗓️ 27 January 2025

⏱️ 96 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Fourteen years ago Gary Stevenson was one of Citibank’s best performing traders. The bet that brought him success was one few foresaw: that despite record low interest rates, Britain’s economy would stay in the doldrums. He wrote about that, and his time at Citi, in his bestselling memoir ‘The Trading Game’. In this, his third […]

Transcript

Click on a timestamp to play from that location

0:00.0	Today's guest used to be a trader.
0:10.8	In 2011, he was one of the most successful in the world.
0:15.0	Since then, he's moved on.
0:17.2	He's become a YouTuber and a writer.
0:20.0	Last year, he published an outstanding book, The Trading Game, part autobiography, part
0:26.5	political treatise.
0:28.7	This is the third time today's guest has come on downstream, and the last time we spoke,
0:34.0	he made a bunch of predictions about house prices, the economy, inflation, and pretty much all of them were correct.
0:42.5	A given right now in January 2025, there is much talk of a financial crisis and growing troubles
0:48.9	the Labor government. We thought it was the perfect moment to get today's guest back on the show.
0:57.0	Gary Stevenson, welcome to downstream.
1:00.5	Thanks, having me.
1:01.6	I'm glad you to have you back on.
1:02.5	Since we last spoke, your book, The Trading Game, has gone stratospheric.
1:08.8	This is the paperback edition.
1:09.8	When's it out?
1:10.9	30th of January.
1:12.7	Sunday Times bestseller, number one.
1:14.6	Number one.
1:15.2	Did you expect that?
1:16.5	If I'm totally honest, I always thought the book was going to be good.
1:22.1	But...
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Novara Media, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Novara Media and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.