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Rebel Capitalist News

News: Millions In UK Say They Can No Longer Afford Heat

Rebel Capitalist News

George Gammon

Business, Investing

4.71.1K Ratings

🗓️ 9 December 2022

⏱️ 12 minutes

🧾️ Download transcript

Summary

The Rebel Capitalist helps YOU learn more about Macro, Investing, Entrepreneurship AND Personal Freedom.

Transcript

Click on a timestamp to play from that location

0:00.0

Hello, Rebel capitalists hope you're well.

0:02.0

So we've got some breaking news.

0:03.6

Very unfortunate.

0:05.2

UK, millions of people say they cannot afford to heat their home.

0:12.4

And we discussed this earlier in a video

0:15.0

how all of these sanctions against Russia

0:18.0

are really just a way for the global elite to virtue signal

0:22.0

at the expense of the poor middle class.

0:24.4

And when I first started talking about this, everyone was pushing back and they'd say,

0:28.8

oh, George, we have to do something, we have to do something, we have to do something, we have to do

0:31.7

something, we have to do something, can't just let Putin go around and invade countries.

0:35.0

Yes, I get it, I get it.

0:37.0

But we want to do a proper cost benefit analysis.

0:40.0

And if whatever we are doing is going to hurt us more than Putin, then we want to think twice.

0:45.3

And I've been warning about these stupid sanctions since day one.

0:50.0

And unfortunately, now we're seeing the results come to fruition.

0:54.9

So let's go over to this story from the Guardian. Let me go ahead and do a quick screen share.

1:00.0

And Guardian is giving us a dose of reality here.

1:04.7

And this is just incredibly unfortunate, but anyone who was paying attention

1:08.9

could have seen that this was going to be the result of these sanctions against Putin.

1:16.0

Millions cannot afford to heat homes as UK faces Arctic snap.

1:23.0

It's just sad.

...

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