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Billionaire WARNS: “You’re NOT Ready For What’s Next”

The Diary Of A CEO Clips | June 11, 2026



You pay more tax than Amazon. You pay more tax than Starbucks. You pay more tax than Google. The bottom 50% of UK taxpayers pay 95% of all income tax while the largest corporations in the world use loopholes to contribute almost nothing. Amazon’s first non-family investor Nick Hanauer and entrepreneur Daniel Priestley sit across from each other and debate why the system works this way and what, if anything, can be done about it.

Hanauer argues that the entire economy has been restructured over the last 40 years to benefit the owners of capital at the expense of workers. Laws that used to protect small businesses from being crushed by large corporations were dismantled under neoliberalism. Companies used to face serious scrutiny when buying competitors. Raw material pricing laws ensured small businesses could compete on even footing. All of that is gone.

Discover:
• Why you pay more tax than Amazon, Starbucks, and Google combined
• The UK tax trap that hits 60% at £100,000 before dropping to 45%
• Why removing tax from the bottom 50% of earners would cost just 2% of the budget
• How laws that used to protect small businesses from corporations were dismantled
• Why Daniel proposes a broadcast license fee for big tech companies
• The reason ambitious young people are leaving the UK for Dubai and the US
• Why American chicken has a one in three chance of making you sick

📺 Watch the full episode here – https://youtu.be/uLBsHXNEwAU

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Written by The Diary Of A CEO Clips

Comments

This post currently has 44 comments.

  1. @nicholascassetta9250

    June 11, 2026 at 12:25 pm

    The monetary system stays afloat because the extremely wealthy don’t just spend money like normal consumers; they park it in assets, stocks, real estate, debt, and ownership structures. So the money still moves, but it moves mostly through the financial system instead of the real economy.

    The problem is that working and middle-class people are the ones who actually keep businesses alive through everyday spending, while the wealthy keep accumulating more ownership and finding ways to reduce taxes and expenses. Eventually that creates a top-heavy system where regular people survive on debt, wages fall behind, assets inflate, and the economy looks strong on paper while households are getting crushed.

    That’s not a healthy economy. That’s a machine being kept alive with credit, bubbles, and bailouts while greed keeps chipping away at the foundation.

  2. @DavidKrane1645

    June 11, 2026 at 12:25 pm

    I would like to hear your thoughts on Simon Dixon’s in depth synopsis of the Global Cabal takeover:

    FIC Financial Industrial Complex.

    MIC Military Industrial Complex.

    TIC Technological Industrial Complex.

    He believes the only one solution to reign in and stop the Cabal, is for millions of people to withhold paying their credit cards, loans and mortgages. Their entire debt/credit system would collapse overnight.

  3. @saywardluckett6694

    June 11, 2026 at 12:25 pm

    Stephen, you are discussing these topics with idiots and self-serving baboons. They are so wise in their own eyes.
    "Oh, the USA is so terrible." And yet both are successful bc of the ideologies of a free economy..

  4. @vmartme

    June 11, 2026 at 12:25 pm

    Germany lose cheap energy lol this is main reason second reason is lack of preparation for the future (can be worker board issue but this need real analysis or just CEO want move to China etc).

  5. @billykobilca6321

    June 11, 2026 at 12:25 pm

    Omg… Dubai is a money laundering entity !!!! Totally.
    City of London crooks where to move there in that one sq mile (again) financial independence self government entity, untill the bombs started to fall.
    Blue shirt guy is so miserablely misleading.

  6. @danielpichler2328

    June 11, 2026 at 12:25 pm

    I own companies in Germany and Austria. And I can agree, the economy has huge problems. I left for Abu Dhabi 1 year ago and I also agree, best place to live as a family . Affordable amazing school, no crime, 9 % company taxes. No bullshit just thinking forward.

  7. @Kinbstdds

    June 11, 2026 at 12:25 pm

    Germanys economy is really knackered. Its industries are struggling with the backdrop of much higher energy prices due to the sabotage of Nordstream and the funneling of millions to Ukraine.

  8. @a-moijar

    June 11, 2026 at 12:25 pm

    The number of times y’all interrupted each other was exhausting. So few points were fully articulated. Was a big game if “ya but” then talked about some side thought. Didn’t love it. 🤷🏻‍♂️

  9. @CourageChronicles18

    June 11, 2026 at 12:25 pm

    Innovation is always line upon line; precept upon precept. It stacks in on itself. Every person who adds to it, provides even more innovation. It also provides more community feedback, community understanding that may not exist outside of that community

  10. @HamzahKarajah-k8z

    June 11, 2026 at 12:25 pm

    They argue "The Decline of Small Business"
    False…Small and individual brands are definitely on the rise. With the advent of AI and the growing trend of independence fueled by social media, indie creators and small businesses have powerful tools to compete, scale, and connect directly with audiences like never before.

  11. @thesequelvintage

    June 11, 2026 at 12:25 pm

    Hey guys, just a thought… why don't you invite a low income person, who has no entrepreneurial tendencies to see how they feel about it all rather than just speculating and speaking for them? Again, just a thought.

  12. @user-pf9je8xf7x

    June 11, 2026 at 12:25 pm

    Germany is not going down the drain because of what the guy in the middle says but because of the endless greed of professional financial investors who over decades pushed what they expect as earnings completely detached from reality. This lead to production and labor being shifted to lower wage countries. Then for white collar workers Germany tried as much as possible outsourcing to Shared Service Centers where also labor is less expensive. What is now coming is the next iteration of eredicating white collar jobs on a massive scale with the help of AI. And this dude puts the blame for this major crisis on labor representatives on the Board? Really? Sorry, but this guy does not have any understanding of our country nor what is going on in the world right now. I unfortunately must suspect he is one of the beneficiaries of this. Shame on him and all creating this mess and I am praying for world peace here because whilst they are sitting in „beautiful Dubai“ taking no responsibility at all the communities have to find human ways to deal with the mess.

  13. @JoseSanchez-nz3lq

    June 11, 2026 at 12:25 pm

    There is evidence that the AI investment boom in technology and data centers is ready to burst, because many of these tech companies haven’t made any profits, and people don’t want their products — even after billionaires pushed hard to convince society that we need AI technology or else China will get ahead.

    The government will bail out these tech companies the same way it bailed out the banks in 2008 and 2009, because they are part of the same corrupt wealthy elite.

    Also, for everyone’s information, not only is the AI bubble likely to burst, but there is substantial evidence that the housing market is collapsing again. That means the government will not only bail out the tech billionaires’ companies, but it will bail out the banks again as well.

    Get ready for a catastrophic economic collapse in both the AI and housing markets at the same time.

    Combine that with the Iran war, inflation, a recession turning into a depression, joblessness, homelessness, and rising food and gas prices. The worst is yet to come — prepare for what’s coming.

  14. @pavlobilous4030

    June 11, 2026 at 12:25 pm

    good times produse weak men and weak men produce bad times; and then bad times make good men;

    the guy in the blue shirt grew up during good times and now lecturing everyone on ideas of socialism wich is actually the reason why today we have bad times

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