wth is even the point of this whole video. what a waste of time. this guy randomly rambling with no story or clear message. It's rare that a video deservers a clear downvote. This is an exception.
@@RandomUser2401he is literally describing his day to day as a millionaire banker...... Did you read the title? What did you want to gain out of this?were you expecting to know the exact ins and outs of how the bank of England works lol
This guy got 4 As in A levels after being expelled for drugs use from one high school. He's freaking smart. Can't imagine most people ever doing what he did.
@@olliec5564 he doesnt make money from giving advice to people , he makes millions from the work he's done and the investments he made .He doesn't sell anything to his audience
@@henrikcarmel1 not all bankers are traders, but all traders are strictly speaking bankers. since banks are institutions/companies that handle your money for you.
Don't worry, those guys get paid so much because they are extremely smart and professional, best of the best, they would never put the economy at risk /s
It doesn't matter if this guy is trying to make himself look better or not, or who he personally is. The primary point that "nobody is trying to fix things" is the takeaway here. The entire world is run as an economic machine and that machine was constructed with no regard for "the collective good of the human species". The machine wasn't even designed to successfully perpetuate its own self past a certain point. Because the people building it didn't care what would happen after they got rich and died. Or they just assumed somebody would figure it out in the future.
Yep. It's actually an entirely rational point of view. My only disagreement with what you posted would be i don't think the designers cared if anyone figured it out in the future. I used to work as an accountant (certified) and now in psychiatry. I actually think we're living in the age of the psychopath. The documentary 'The Corporation' is very good on this. If a for profit corporation is an 'artificial person' in law what kind of person is it based on its behaviour (rhetorical question)? Also 'Snakes in Suits' is a great book on psychopaths in the work place (written by two experts in the field).
I hear this sentiment a lot however the economy not only keeps chugging along, it keeps growing. How do explain the fact that this economic system keeps working if it has so many flaws?
@@TheGbelcher that's a very broad question and statement. I'd say currently we're in a redistribution phase in the modern economies were growth isn't the primary concern of the policy makers. Gary's right on this. It's destroying the middle classes (the working classes went in the eighties) which is the primary concern. This idea of 3% growth in perpetuity is for the birds. We live on a finite planet. Technology can help but generally today the spirit of the age is about entrenchment of wealth. Not money. Wealth. Assets.
@@CYCHIATRIC A middle class person today eats better and has better access to information, recreation, education, fresh water, healthy food, medicine, and other health care than a steel or railroad tycoon at the turn of the century. The belief that life is getting worse for the average person over time is just patently false. There’s no data to support that sentiment at all. Every objective standard of living metric is improving in just about every country of the world (I.e., life expectancy, child mortality, food insecurity, literacy rates, academic achievement, etc…) with the exception of obesity, that’s headed the wrong direction. But IMHO, that’s the demographic that would be starving in the past and are now eating too much low quality food. Which is a huge improvement from not being able to afford enough sustenance to support life.
This is how change happens. Nobody is doing anything, and then suddenly it's acceptable for the government to tax the super-rich - But it's an awful lot more difficult with the billionaire-owned media poisoning old people's minds.
for those how believe in HR, they are not there to help you as an employee, they are there to help company get rid of you and not being sued for it. They will never be on your side. Also where there I money there is drugs, im not suprised that they all been on cocainie and done dodgy deals. Know that your investment banker is on drugs, does it make them better as traders tho? Its all so FUp Defo keep it coming Garyand educating people how screwed we are.
This is among THE BEST narrative I've watched so far. This guy, Gary Stevenson tells things as they are. No attempt to glorify himself, of `how smart' he was, but just an open, honest account. This video helps provide some insight into institutional trading desks and the people involved.
@@permabear6025 Yes Citi what reliable source, it's like asking North Korea if their defectors who managed to escape to China and South Korea are telling the truth about they've seen.
@@Pixiedust8399 Gary is using 1980s clichés for entertainment purposes. Most people in banking and finance in the modern era are not boozehounds or cokeheads. They’re introverted and work extremely long hours. Do you seriously think that investment bankers and quant traders are doing lines in the toilet and banging strippers in the office? You would be shocked at just how quiet the floor is…Sure there’s always a few dark horses but they are the extreme minority.
I used to work for a prop trading firm. Was highly paid for my age (26), but it was the worst environment ever. Got depressed and tried spending money as a coping mechanism but that didn't work. Left after a year and haven't looked back.
As an ex-trader that walked away from the world Gary is talking about, I completely agree with the madness and dodgy stuff mentioned or implied in this video. Also I just bought Gary’s book now that I know he’s written one.
This guy joined the banking world the same time as me, when I joined Nomura as a trading grad, having interned at Lehman the summer it crashed. I didn't stay in the industry long but I can relate to what he said about management. Everyone in trading is in their own bubble, as are the management and they really aren't interested in knowing what anyone else is doing or managing their staff directly.
@@pb4012 interesting, thanks for the reply! Yeah it’s doing okay, IBD all the activity is in the green tech space. Rest of the business is quite cut down due to Brexit, lots moved to Germany. Office now has quite a few floors let out to other firms, very different from what it was like in 2018 for example.
The reality is not crazier, just more specific & would serve as evidence in a court.If you say all multinational corporations are evading taxes by pedaling profit offshore no one cares, because everyone knows it. But if you provide transactions (Panama papers), then suddenly you die in a car accident.
@@oscarinacan It’s true, did 7 years in the City in my 20s. Most people in banking are quite nerdish, introverted, work very long hours and rarely drink. A small number are cokeheads and boozehounds but it is not remotely the norm.
@permabear6025 I suppose it's a matter of perspective and experience. My Brother works in this position in commodities and the picture he paints is quite different to this. The most hilarious bit of insight I was given was "I never even met someone who was addicted to prostitutes before taking this job, now I can see at least 3 guys in my office like that at all times and that's just the ones we know about", a few fist fights in the office, some crazier stuff. But also I reckon that it is also more common to come across those introverted types that you mentioned than ever, as it's not quite as essential to fit in just to get somewhere as it used to be, being a nerd and being successful in your own way is a little more protected societally these days, and people who crap on that tend to be the ones who are shunned, I would imagine that extends to that sector so it's interesting to hear your perspective reflect that.
I would like to see who he becomes as an older man, with more seasoning and experience. What he might have to say after raising a family, for instance. He seems a solid, thoughtful, and self-aware person. What he’s saying isn’t news, but I really appreciate hearing his unique perspective on it.
That exact comparison occurred to me, as well. I just hope people take his warning seriously and not just as entertainment, though it is a captivating story. Breaking Bad was a hit, but as compelling and realistic much of it was, neither it nor other media did much to slow or stop the opioid/drug crisis. At the end of the day, we still need more of informed people like Gary to make change happen - and to help others wherever and whenever possible, especially as inequality continues to increase.
watch a few of his videos he did not stay at the top of his game for long. he burnt out anyone who has been trading knows a few years is just luck. even hugh hendry lasted longer than he did and he even owns his own island. but at less hugh never claims to save the world or the middle class
This interview just proves that it does not matter who is in power. Their interest are to them self and their mates. Nothing good is going to happen unless it helps their purses.
Nah, i prefer to believe that the government and mainstream news. We need a powerful politicians who promise me the most things, regardless of how unsound or unsustainable the policy is, and who can push the right emotional buttons.
I used to repair telecoms on a trading floor and every trader I met thought they were god. They were the all important thing. I left as soon as I could.
Absolute gold. Part of why I have little respect for people who "dont believe in luck, it's all hard work" who grew up in wealthy/well-off families in good environments. And thats not from a position of envy, growing up upper middle class myself and attributing a lot of successes to equal parts luck and hard work.
not even luck but maturing Is revealing we've been sectioned off economically on purpose, thus it seems like luck but in reality as you stated your background is significant.
for real. I think about all the candidates that applied to the jobs I got, especially when I first started out in my career, and how I even ended up in the career I am now. There was a lot of chance and just random opportunities that helped me get to where I am now.
back in the day the reason you got this cast of characters on prop desks is because keeping what you kill and surviving in the market requires a very specific type of person: you have to be just smart enough to recognize good opportunities, but just dumb enough to push your chips into the center when you're not completely sure it will work. also traders are all addicts of something whether they want to admit it or not. if you think you aren't, you just haven't been in the game long enough to find your vice, or you know it deep down and are in denial. whether it be gambling, substances, greed, risky endeavors, or just simply winning in the biggest zero sum game on earth - addiction is a double edged sword found in the best and worst traders, and sometimes both (extra Jessie Livermore).
I love this video. I worked on a commodities trading desk in the early 2000s. Nearly EVERYONE was from an Ivy league school, except for me. I realized very quickly it wasnt the lifestyle I wanted, or what I aspired to be. I made the decision to leave rather quickly and Im glad I did. Did I lose out on a ton of money? Possibly. But 20+ years later I gained (and kept) a lot of things that are more important to me.
I also worked in commodity futures back in the 80s and 90s. The swings were too unpredictable and wild. I wish I'd thought to go into equites. Dahhhh. Much easier. Just buy and hold and predict the crashes which are much easier to predict than those crazy commodity price swings.
Top lad. My career ended abruptly after spending nearly 8 years in Big 4/corporate finance. I relate to him so much because towards the end, I burnout so hard that I'm still picking up pieces after I left my job in 2022. The only thing that I regretted the most was that I had to bring in my moral into the office.
@@cerberus1321 of course not. But you still get a glimps behind the curtain. You meet people that make millions a year, that are detached from reality. That only focus on profit. Not matter if its fundin terrorists, opiods etc.
It's hilarious how he describes how people on coke talk a mile a minute, but are super boring because the reason I don't like coke is because the few times I tried it I would start talking a mile a minute for a few minutes, and then have a weird moment of clarity when I realized that everything I was super excited to talk about were almost objectively boring so I would just stop talking for the rest of the night😅
brilliant description, they think they are super smart and cool and really they are dumb and boring, that's what drugs do to people, make them real dumb
@@Gold.Circle.Thats an interesting perspective. I thought he was intelligent as he had two degrees from the best universities in the country and he was successful in a global financial institution. What should I be considering that I am missing?
@@SABILI_VIDEO BBC shill. Marxist. Doesn't say anything other than tax the rich. This guy will not educate you on the fiat system and how money is printed
I was a trader for a bank that got ruined, I didn't lose anything, but I remember that the milkman wouldn't deliver milk to us because he was scared that he wouldn't be paid.
I also went to the LSE, didn’t get a job in the city as I also didn’t know about internship, but eventually got a job in investment banking in my home country (a “poor country” though), and now working in media. Just wanted to say what a great interview and great piece of journalism. What a story.
Smart people have simplistic ways of explaining complicated things to the barest minimum. There is no need to show flowery or technical jargons to impress. There is always a level of corkiness or nonchalance in their attitude that make it look easy until you try to do it.This guy is awesome
no he isnt.. you are not the sharpest knife if you really think one word of that is true. dude has not even basic understanding of math or finance. everytime he talks numbers its so damn obvious!
the basics are not complicated, big organizations need various financial services. many of these involve so huge cash flows (when aggregated together) that it makes sense to have a real time spot market for it. (pricing loans based on interbank rates which is basically set by the central bank. so Citi takes the loan on the interbank market and loans it out at a higher rate to a client. if it's in the future then there's a huuge risk premium, but based on bond prices he was able to give out rates that were almost sure to make money ... ) it sounds good (and complex) that he was predicting strength of economies ... and despite him betting on collapse ... he was working during the post-2009 boom, there was no collapse between 2010-2014 🤷 maybe he gives more details in his book
people who grow up poor and actually make it out and get involved with these type of people and this type of money i think its hard to not look at the entire system and say its fucked.
Its because people like him come from the bottom and can look at both sides and see the situation. If you're wealthy, and go to work to be more wealthy it just looks the same. People that are that rich really do live in another world. They have no idea what its like working a 9-5 and having to live a "regular" life. Chores, yard work, getting kids ready for school, rent increase.....foreign concepts. They don't even wear coats.
I spent about 6 years studying economics and money. Some of the stuff I discovered aligns perfectly with what he was saying at the end of the video about banks, governments and the media. Lots of people know the problems and not many people are actually trying to fix them. The conclusion I came to is that it's the money itself that's broken. When money is broken, the incentives are all wrong.
There's more money to be made from exploiting the holes and cracks that exist on the system than acting quickly to fix them. The people that know about or even create these cracks will only ever act in their best interests when the rewards are so huge.
@@lm_b5080 Money is much more than coins and notes in your wallet or bank account. Money is also set of rules that have become a system of control. Central banks and governments control the supply of money in a way that unevenly and unfairly distributes wealth to those in power and steals the purchasing power of everyone else. Not only does it widen the divide between rich and poor but it also gives governments the ability to do things they wouldn't otherwise be able to do like fund wars and bailout businesses that would otherwise not survive in a free market economy. The negative effects on society cannot be understated. Fixing the problems from within the existing system is not easy. First of all, they are not incentivized to fix something that's working as intended but even if they where it would be devastating to the economy. There's essentially 5 ways they could solve it... massively reducing spending, massively raising taxes, financial repression, expunging the debt or massively growing GDP. Most of these are not politically popular and would make everyone's lives miserable. The last is just not easy without some insane technological revolution. There are two other alternatives that might work. One peaceful and the other not so much. The first is building a parallel financial system outside the hands of governments and slowly adopting it. The second is another world war that resets the monetary system and creates a new world order much like happened at the end of WW2 (and I don't think anyone wants that).
@@naumanayub1348 This really is a bit more complex as you try to make it. But lets start first with money: its not broken, its a good idea. Before money, people would trade goods. They would trade five sheeps for a cow. Or maybe a tool for something to eat. Thats fine within your village. But when economies are growing beyond that, its hard to take your assetts with you that you want to sell in exchange for some other assetts. Thats where money comes into the game. Then there is people that critisize FIAT money. They want to go back to the "good old times" when the US Dollar was bonded to the gold standard. They forget that this wasnt a good idea. It led to the worst economic crisis we ever had. The great depression... With millions losing their homes, tens of thousands of suicides, and people starving on the streets, holding signs up that they will do any job as long as they get something to eat. Some people also try to blame the capitalistic system. As if the communistic theories ever worked! In fact, capitalism has also a few upsides. Like competition is good for technological advancements. Just an example. You could clearly see how far behind communist societies were in the 1990s after the iron curtain fell. There wasnt any competition at all. No incentive to be better or more productive. Even the Chinese realized that and gave way to a at least partially capitalistic approach. What really is to blame is neoliberalism. Its an economic theory. "If the rich and the big companies have a good time, the poor will also have a good time." Thats basically it. And with it comes privatization of state owned assetts (like rail or telecommunication or highways). With it comes more lobbiism. With it comes that the rich can do whatever they want. It reminds me of the late republic era of the Roman Empire. Unfortunately ALMOST every political party is neoliberal (has nothing to do what you Americans call "liberals" by the way).
However many here should know there’s never financial freedom, it’s never-ending, you always have to thrive to get more and there are no shortcuts to wealth but there are ways to go about it. Fellow wealthy ones don’t tell the poor/middle class they need the knowledge of finance coaches/tutors for optimal growth.
28:50 "Actually, nobody's trying to fix it" yeah that's pretty accurate - work is so hyper specialized and so self absorbed that no one really has the big picture in mind anymore, not even the people who ironically should literally have the big picture as their job description (e.g politicians)
No, you should have big picture - if you want to see it. Politicians unfortunatelly need a very narrow picture on hot to get elected. I'm not really sure if I would like economy to be fixed... I've lived in economy that did not had open market already and it is worst possible "fix" and I can 't even care anymore, that Westerners are experienciing their cultural revolution and are ready to make a mass suicide through mass murder, because that fixing mindset is leading only to that. Unfortunatelly even this guy does not understand, that world does not need any fixing - it functions as expected, however poor needs to be fixed - and 99% of them don't want to understand that if they want to change their life they need to change their ways of thinking.
As a kid walking by these guys at Deutsche Bank working 20 hour shifts I was fascinated by especially all the screens until told they all are millionaires but regularly work themselves to death, I was there in context of HR and being told that they (the HR people) had to administer at least six deaths at work each year was crazy
@@shikeridoo no, they don’t all, especially not because turnover is high, but at the time it most definitely was a phenomenom. The bank has a few thousand traders, but it is still the same HR.
The irony of understanding that society is heading to a dark place, knowing that very few people are listening and realising that the only thing worth your effort is making money off it to try and salvage yourself and the people you care about, then watching all those who wouldn't listen suffer and watching all those who knew and had the platform to warn and change things do nothing and profit themselves. It will never stop. We're on a cycle of cycles.
Oldest "everyone getting played" warning i ever saw: There is an egyptian pyramid mural showing 2 kings sending their armies against each other held up by peasants and behind 2 kings stand 2 greater figures that reach out shaking hands over the battlefield.
I worked in trading at Citi in 2022. Environment is quite a bit different now, but still undertones of what Gary mentions. P&L is everything, and having that number floating above your head at all times truly corrupts
one of my best friends who worked the city said they changed phone handsets to the older ones for the reason that they stronger and would smash a screen for the traders satisfaction - during a bad event. the trader was then to "go outside for 30 mins and have a line of courage" and then get back in the game. in the 30 mins everything would be replaced like nothing happened.
@@martian8987 money talks. loosers go home. ive seen it. security with HR come, you are not allowed to touch a keyboard. your desk & drawers are emptied. whats yours you take home. you then get escorted outside. badge / pass removed. never allowed on premises again.
@@EdB-w7i do well and get what you want. Also my favourite saying in the city - ask no questions, tell no lies. Gary is being super polite about what goes on in the city.
I like the simplistic nature of this dude. He comes from a poor background but he didn’t allow the sudden access of money and opulence to change him. Look at him, he’s wearing a black T-shirt with no jewelry…nothing flamboyant and he looks like any dude you would see on the street. He is a real one.
id be careful. his solution to these problems is more government, the first podcast i saw him on i later found out was funded by george soros. for someone with a 'radical' agenda he sure is finding main stream publicity easily
Great guy, clearly hyperintelligent, not only the mathematical ability but street smarts, ability to read people, adapt to games. Really impressive. Going to start watching his youtube videos now :)
That’s the conclusion that you come to all on your own with absolutely no evidence. Wild 🤪 You know, he could be just some random talking straight out of his balloon knot
@@marble296He's the Jay Slater of economics, he's been called out before. The Swiss National Bank have never cut interest rates to -4.5%, when he mentioned the trillion dollar thing, he would have had to have been contributing 1/3 of the entire market flow
Ive worked in sales for a privatejet company. same toxic colleagues and environment. changed the company after 4y to a smaller one and it's so much better
“People are doing extra curricular through school, like founded junior United Nations, or some sh*t. I was trying to be a Grime Rapper. I was fu*ked, basically…” 😂
And now contemplate over the fact, that these guys he described are one of the best paid individuals our society produces. While studies show that they are actually a net cost for society.
Fake money makes fake people who have fake careers. Who else is ridiculously high paid in society? Entertainers: people who make stupid little songs and dance around on video. Sports stars: people who bounce a ball on the ground.
The Swiss National Bank (SNB) did not cut any interest rate to -4.5% around 2010 (when he was 23). The SNB introduced a negative interest rate of -0.75% on sight deposits in 2015 to prevent the Swiss franc from appreciating too much. While specific financial instruments or market conditions could theoretically lead to unusual interest rates, such as in repos or derivatives, a rate of -4.5% set by the SNB is highly unlikely and not documented. Generally, the SNB's policy rates have never reached such extreme levels. So I don't know if that's cap
He was holding a position where he simultaneously borrowed CHF and lent USD in a product known as an FX swap. In 26:24, he clearly explained that he was on the STIRT desk. A large part of STIRT involves market making and risk taking in FX swaps. On 20th January 2015, tom-next USDCHF FX implied yields did touch -4.25% ~ circa. (This is a 1-day interest rate starting tomorrow and ending the day after tomorrow) He is technically not wrong. However, the 3 month USDCHF FX implied yield (as a proxy reference to the 3-month CHF interest rate that SNB was targetting) was only -1.74% (which meant an FX-TOIS basis of -1.09% against ~ circa -0.75% against the SNB target rate) Also he mentioned trading trillions of T/N EUR, that was not completely wrong either. There was a campaign from the bank to win volume and often these trades go through at choice prices. Obviously, there's quite a good deal of sensationalism and story-telling involved, otherwise his book would not sell right? The spirit of what he narrated on the trading desk is generally true...
@@CactuarX Depends on what bank you worked for. STIRT desks were primarily part of MM. Market making FX Swaps was the domain of the Forward Desk which was usually a part of the FX part of a trading floor whereas STIRT was usually part of the Money Markets Division. Everything he says just sounds like one wild night out extrapolated to a career
Worked in investment banking in the early 90s. By the time 2010’s came along most of the business was changed and gone away. I take a lot of what is said here with a pinch of salt.
And yet Another commenter who is also a big time bank trader says he can relate in every way what this man is saying when he used to trade in New York City
There are plenty of war veterans that fought battles that never happened. There are plenty of guys that claim sexual conquests that never happened. Never overlook the need for people to keep a story going. Freddy star never it the head off a hamster but a lot of people believe he did because popular culture decrees it so. I may ask about in regards to corroborate the most profitable fx trader- it’s a small world is the city of London.
Back in the 1990s I was a programmer working for a consulting company. They wanted me to work on a consulting gig at an investment bank on Wall Street. I quit the company without having a job lined up rather than work in that type of environment with those sorts of people. No thank you very much. If I had done so, I might be significantly wealthier than I am today, but I would have lost my soul.
More than your soul, your will to live and humanity go along with it. Because the people who never had those things in the first place don't realize how they are pulling those qualities down for the rest of humanity.
I started at Chemical (later merged with chase/jpm) in the early 90's in London developing trading software. Had trips to Asia deploying my systems, and overall had a good time there with some good people and interesting times. Left after 4 years to go to a small market making firm, who wondered why someone from a large IB would want to go and work for them. But that was a good move, substantial pay boosts without even asking for them, and had a great time there too. After a while we were bought by Bear for our expertise with electronic markets, and it was back into the investment banks for a while before I quit. Was good fun, and on the tech side not too many egos to deal with thankfully, though a fair amount of incompetence at the IB.
You missed out. I spent 20 years working as a coder (and later a manager) at a string of investment banks. I met some incredibly bright people and had a great time.
Good video. I was in the business and on trading floors for 30 years (including a stint at Citi). Gary does a good job describing the atmosphere without a lot of the hyperbole like some others have done in the past to make their lives seem more glamorous. The bits about the brokers were spot on. Also, I especially liked the descriptions of the messed up incentive systems that stops people from actually fixing problems. The only thing is that I am surprised how hard it was for him to leave. Normally banks show someone the door (with corresponding ‘garden leave’) as soon as they say they are no longer interested in being there. An unhappy trader is a huge liability to have on the desk. Maybe it had to do with the size and complexity of his book and they were afraid they’d find a big problem buried in it somewhere? I’ll read his book as I imagine there will be a lot more detail about his exit there.
Such a smart guy. I loved this. So much truth. I also like that he decided to meet with himself, act on his values and isn't giving up. That's all we can do, our best.
That Brad Pitt moment ‘Don’t celebrate!’ Priceless and then when asked why he helped he said ‘You wanted to get rich, now you’re rich!’ Simple and he’d left and was studying seeds and having a home farm plantation…
My son has just got a job at the trading floor in FEx in one of the major bank in Canary Wharf, he’s not from any high league uni, but he has a talent and he was invited for this job from his apprenticeship position , he didn’t even apply for it or had an interview.
When I went to CW last year Aug it seemed dead like lots of banks were leaving the area. I hope your son stays good and doesn't become like one of these vultures.
At 33:00 he really hits the nail on the head. Whether it be legal trouble or other trouble; trouble comes from pissing people off. Even laws are mainly only enforced when breaking them is bothering someone. Try to stay on everyones good side and you'll be good anywhere.
He's the Jay Slater of economics, he's been called out before. The Swiss National Bank have never cut interest rates to -4.5%, when he mentioned the trillion dollar thing, he would have had to have been contributing 1/3 of the entire market flow.
Because it's all completely made up garbage that doesn't even make sense if you actually listen to it and break up the stupid things he says into smaller parts , it just doesn't make any sense at all . This guy is a fraud and the only thing he said that was true is in the first few minutes when he said that "coke heads talk a lot really fast and don't make any sense " he's the coke head talking absolute bullshit
Is there any proof he was one of the best traders?? I’ve seen about 4 interviews with him and a lot of his videos on his channel. He always mentions it, I feel like he wants to just be famous and give the illusion that he’s super smart.
He's the Jay Slater of economics, he's been called out before. The Swiss National Bank have never cut interest rates to -4.5%, when he mentioned the trillion dollar thing, he would have had to have been contributing 1/3 of the entire market flow
People love this video for some reason. Realistically, everything Gary Stevenson says is very vague and general. I doesn't explain much about the market. It tells a little bit about Gary's work environment and lifestyle.
Meanwhile I'm learning multiple trades, am currently a butcher and cannot afford a house or family of my own. I put food on people's table but I can't afford to put gas in my car working 55 hours a week. 25 of those hours per week are at a trade school which I am paying 25k to go to. Praying one of these skills pays off or back to learning something new.
@@tyrabjurman3584I’m not sure what “holding the risk” means. You lose 8 mil for a bank, you get fired? Are construction workers, or steel factory workers, also not “holding the risk” by putting their lives and livelihoods on the line for work?
@15751Chris Keep going, dont stop! Being a butcher is a HUGELY helpful skill. There are now farms that are trying to start their own onsite butchering so their processing doesn't have to go thru only a few companies & they had to train their whole staff themselves since so few ppl had the skill (referring to an amazing farm in Georgia). Also you need to start buying bitcoin or get paid in bitcoin for some jobs in the future & your money problems will be taken care of. Hard skill + hard money = success. If its only $20 a week, it adds up! Keep up the hard work, it'll pay off. Also lots of bitcoiners buy meat directly from smaller farms & they may be looking for butchers so that's a whole demographic to check out after graduation.
