{"id":116131,"date":"2020-05-07T18:30:02","date_gmt":"2020-05-07T11:30:02","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/i-made-millions-out-of-the-last-debt-crisis-now-the-wealthy-stand-to-win-again-gary-stevenson\/"},"modified":"2020-05-07T19:04:19","modified_gmt":"2020-05-07T12:04:19","slug":"i-made-millions-out-of-the-last-debt-crisis-now-the-wealthy-stand-to-win-again-gary-stevenson","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/i-made-millions-out-of-the-last-debt-crisis-now-the-wealthy-stand-to-win-again-gary-stevenson\/","title":{"rendered":"I made millions out of the last debt crisis. Now the wealthy stand to win again | Gary Stevenson"},"content":{"rendered":"<p>&#013;<br \/>\nWe urgently need a fairer tax system so that rich people like me help solve the fallout from coronavirus, not just profit from it\u2022 Gary Stevenson is an economist and former interest rate trader Coronavirus \u2013 latest updatesSee all our coronavirus coverageI made my first million the year Greece went under. I was 24 years old at the time.I\u2019d attended a presentation given by one of Citibank\u2019s senior economists, in which he explained that government debts of the world\u2019s major economies had grown to dangerous levels, and were continuing to grow. He warned that markets could stop lending to some of these governments, forcing a devastating round of austerity on to already battered economies. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/commentisfree\/2020\/may\/07\/i-made-millions-last-debt-crisis-rich-win-coronavirus-fair-tax\" target=\"_blank\">I made millions out of the last debt crisis. Now the wealthy stand to win again | Gary Stevenson<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; We urgently need a fairer tax system so that rich people like me help solve&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-116131","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-ud5","jetpack-related-posts":[{"id":116061,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/from-australia-to-hong-kong-not-one-asia-pacific-housing-market-spared-as-coronavirus-knocks-investor-confidence\/","url_meta":{"origin":116131,"position":0},"title":"From Australia to Hong Kong: Not one Asia-Pacific housing market spared as coronavirus knocks investor confidence","date":"May 5, 2020","format":false,"excerpt":"\r The deep global recession will lead to significantly lower home sales this year across Asia-Pacific as economies grapple with an unprecedented downturn brought on by the Covid-19 pandemic.While it is difficult to precisely quantify the slump, analysts agree that not one property market in the region will be spared.\u201cGiven\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116213,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/covid-19-coronavirus-skycity-plans-to-shed-another-700-staff\/","url_meta":{"origin":116131,"position":1},"title":"Covid 19 Coronavirus: SkyCity plans to shed another 700 staff","date":"May 11, 2020","format":false,"excerpt":"\r Casino operator SkyCity has revealed \"incredibly difficult\" plans to slash another 700 jobs.The company is blaming \"weaker economies, lower personal disposable income, changed entertainment habits, restrictions on mass gatherings...\r \r Source : nzherald.co.nz\/Property\r Read more...Covid 19 Coronavirus: SkyCity plans to shed another 700 staff","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114541,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/covid-19-outbreak-singapore-economy-to-contract-0-6-in-q1\/","url_meta":{"origin":116131,"position":2},"title":"COVID-19 Outbreak: Singapore economy to contract 0.6% in Q1","date":"February 26, 2020","format":false,"excerpt":"\r A major trade partner with China, the city-state\u2019s economy is expected to contract 0.6% in the first quarter of 2020 \u2013 a first since the 2009 recession following the global financial crisis. Economists expect the effects of the coronavirus outbreak to reverberate beyond China, with Singapore being the worst\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120407,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/coronavirus-pushes-450000-families-into-housing-debt\/","url_meta":{"origin":116131,"position":3},"title":"Coronavirus pushes 450,000 families into housing debt","date":"February 16, 2021","format":false,"excerpt":"\r Renters in particular have fallen behind in payments as a result of the pandemic, study finds\r \r Source : ft.com\r Read more...Coronavirus pushes 450,000 families into housing debt","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116437,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/for-millions-of-americans-the-coronavirus-pandemic-will-make-retiring-harder\/","url_meta":{"origin":116131,"position":4},"title":"For millions of Americans, the coronavirus pandemic will make retiring harder","date":"May 16, 2020","format":false,"excerpt":"\r The Great Recession made it harder for millions of Americans to retire. Why this labor economist says the coronavirus pandemic will be even worse.\r \r Source : cnbc.com\r Read more...For millions of Americans, the coronavirus pandemic will make retiring harder","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":90372,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fears-debt-crisis-could-spread-through-emerging-economies\/","url_meta":{"origin":116131,"position":5},"title":"Fears debt crisis could spread through emerging economies","date":"June 4, 2018","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Fears debt crisis could spread through emerging economies","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/116131"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=116131"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/116131\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=116131"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=116131"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=116131"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}