Clearly Yanis Varoufakis has one of the clearest minds in the world.

@noIMspartacus2

8 жыл бұрын

+Tahuan Tinsuyo - really?!?! REALLY?!?! Varoufuckwit is a lying hypocrite that constantly contradicts himself!!!! just look at the results of his "policies" and "predictions"!!!! Don't fall for his bullshit and delusions of adequacy... he is a slimy, treacherous little bankster stooge and US/IMF/Soros muppet who is cashing in on the "speech trail" like all traitors... to quote the moron himself "a comedy of errors wrapped up in harmless waffle" - sums the pathetic, treacherous clown perfectly...

@padredemishijos12

8 жыл бұрын

noIMspartacus The Germans and the Troika are terrified of him that is why he was taken out.

@ofin9335

8 жыл бұрын

+noIMspartacus Wait the UG govt, IMF and george soros all have extremely different views about moral philosophy, economics and politics so which one is Yanis like?

@bhavankarnani4740

8 жыл бұрын

+william gordon He has criticized the EU precisely for being like the soviet union. He wants to do the opposite - to democratize it.

@josephinestabel9647

3 жыл бұрын

@@noIMspartacus2 No,no no..... Wait ...... 🌍

Varoufakis …. one of the great minds of our generation. In some years we will look back at his time as finance minister as a missed opportunity for change.

@prismpyre7653

5 ай бұрын

and that is why all these vipers had to stop him at all costs

It is interesting to see how many comments here from last year point to Varoufakis being some kind of "Banker Stooge", or that he had alterior motives during his time in power. He proved to be honourable to his commitment to resist the Troika and its austerity punishment by relinquishing his position and his power as soon as his party capitulated. Sometimes I cringe at his public posturing, but several facts about him have won my support: His predictions about the Eurozone weaknesses were spot on; his DIEM movement (if overly ambitious) is unique and important; his willingness to stare the facts in the face; most importantly, to accept the role and limitations of economic policy within the political realm. Other finance ministers in Europe look like squabbling teenagers in comprison.

@GingerDrums

8 жыл бұрын

+Snowdenbleep I might add it is important to be critical of any political figure, but it is not productive to come to specific conclusions without having evidence. Lets pull together and learn from the mistakes of the past!

@Adanosiam

7 жыл бұрын

Dr. Varoufakis has been successfully mudslinged in Greece,and confused and ignorant citizens harbor a great hatred for him.

@staninjapan07

5 жыл бұрын

And, if I may add something childishly simple, he actually seems to give sh"t about what happens to people, and he seems to be very consistent and sincere. Very simple points, but no less worthy for being so.

@AudioPervert1

4 жыл бұрын

many comments here from last year point to Varoufakis being some kind of "Banker Stooge", - Since hearsay and hoodwink is the global zeitgeist. There is zero evidence otherwise of any such Stooge or Bank about Y.V. But then your asking the wrong questions at the wrong place. Goto Brussels EU Parliament and NATO headquarters to see the real "Banker Stooge" Consortium. Dumb speculative hogwash aside, consumer.

@abrambadal8997

3 жыл бұрын

Why say in USA that " the bail-outs worked out WELL and was paid ? I know millions in statistics loosing jobs, loosing homes, drugged, opioides, alcool , falling in criminal cases, prisons over-crowded, wars in foreign countries spread by " defence departments ' , humans died in hundred millions since 1971 , pandemics over and over states over-indebted etc..... and a planet heading for warming catastrophies and climate disasters and Life in danger etc.... This is not a way to solve problems , but to aggravate them all and concentrate them to wipe out all humanity ! Who pays for all these quantitative easings ?

I am glad a man like Varoufakis, clearly a man with a heart and the knowlegde of how poltics is disconcerned with democracy, is ready to put up the fight against the powers now pressing foreward. Support him !

@manchesterunited9576

Жыл бұрын

@@lepidoptera9337 How? He wasn't even in power during the crisis?

@manchesterunited9576

Жыл бұрын

@@lepidoptera9337 When did he mess it up then?

@mariettestabel275

8 ай бұрын

@@manchesterunited9576 This Man is Brilliant. Very intelligent and Honest 💯 I recommend to read his Book "Adults in the Room "Eye opener.

It starts at 3:30 .... The introduction is superb! ...

@arfanr8228

9 жыл бұрын

5:09 you mean !!!

@osraneslipy

8 жыл бұрын

nkmarks The introduction sucks lower than Greece's rating

@DavidByrne85

8 жыл бұрын

osraneslipyRobert Johnson could fart into a french horn and it'd be worth hearing.

@asilovemyselfiloveyou7171

8 жыл бұрын

nkmarks Bill Tsompanidis Yanis Varoufakis cut through the bull and used eloquence that any logical person can understand. How can any Eurozone country not agree? Well, the Germans inflexible (we will do it our way) are so narrow minded that they basically told Tsipras that the only way to continue discussion is if Varoufakis is not present at the talks. Why? maybe because he made sense and the Germans are not interested in compromise but simply want to railroad through their own schedule (as Yanis put it...to proceed with the same old (dysfunctional) rules). The whole point is to learn by ones mistakes and change the formula so that it will at least have a good chance of working(to all Eurozones benefit)

@Savarence

8 жыл бұрын

AsILoveMyself ILoveYou I find it interesting that so many people think of this as a conflict between Greece and Germany. It is a conflict between Greece and the rest of Europe. I cannot remember an instance where any other Nation supported the Greek position in the negotiations, maybe you can help me out?

Whatever the Germans say about the Greeks, if they can produce a Varoufakis then they are doing some things right.

@willtherealgeorgemichaelpl5879

8 жыл бұрын

+scandalasdog My friend,unfortunately-Mr. Varoufackis is a Soros puppet with a knack for words and a good smile. Take it from a Greek, he is NWO all the way. He Doesn't beleive in democracy, he beleives in the Oligarchy,his father is a member of the Greek oligarchy. Sorry, friend.

@scandalasdog

8 жыл бұрын

+alexander 323 konstantinos honestly if what you say is true about him being a Soros puppet can you give a link or some facts that would show me that as I didn't know it?

@willtherealgeorgemichaelpl5879

8 жыл бұрын

Yes. All you have to do is google it. He doesn't care about the Greeks or Europeans, he is closely allied with Soros on all issues-they virtually mirror each other. He has been on Soros panels quite a few times, and as a true marxist hates individual nation states. Basically, he wants to turn all Europeans into a mush of hamburger(1984 George Orwellish) with the elite being in charge of every facet of our lives. Again, I'm sorry,but thats the truth.

@stagemaker8869

8 жыл бұрын

+alexander 323 konstantinos Google it, huh?

@stagemaker8869

8 жыл бұрын

+Stagemaker And Google ad hominem, while you are at it!

This Varoufakis guy has some really good ideas. I liked the EIB bondsstuff. The European civilservants suffer from a gigantic case of groupthink (tunnelvision) and the European politicians have painted themselves in a corner by not being clear about the problems in Europe. I really hope the current rethinking that is going on in macro economics will find some traction in European politics, because now only theological arguments about moral hazard prevail and they bring us nothing.

@akhalif68

9 жыл бұрын

***** Good One...We should call it "The Euro-Tunnel" Effect??

@jesselivermore2291

9 жыл бұрын

***** I think all money put in Greece will disappear as long as they don't change their system, taxes, education, etc

@asilovemyselfiloveyou7171

8 жыл бұрын

***** Bill Tsompanidis Yanis Varoufakis cut through the bull and used eloquence that any logical person can understand. How can any Eurozone country not agree? Well, the Germans inflexible (we will do it our way) are so narrow minded that they basically told Tsipras that the only way to continue discussion is if Varoufakis is not present at the talks. Why? maybe because he made sense and the Germans are not interested in compromise but simply want to railroad through their own schedule (as Yanis put it...to proceed with the same old (dysfunctional) rules). The whole point is to learn by ones mistakes and change the formula so that it will at least have a good chance of working(to all Eurozones benefit)

@StefanMarkBee

8 жыл бұрын

AsILoveMyself ILoveYou - Varoufakis was'nt welcome at the debates as he refused to "talk numbers" but instead wanted to change philosophy of EU - don't blame Germany alone, as Britain, Finnland, Holland, Belgium Luxemburg, Austria etc all were in same position. Calling your bankers terrorists, which Varoufakis indirectly did, and calling new loans for 3 years ( which Greece agreed to) as fiscal waterboarding ( which he also did) isn't really a good way to change the clima within the EU - despite the fact that he maybe right about many points in his philosophy and many necesarry changes.

@ooneto193110

8 жыл бұрын

StefanMarkBee help us grow that's all he asked, Tsipras i don't what hit him

Never thought I'd ever watch an hour of economics talks but this is a huge eye opener. It seems like economists all over the World are mind boggled by the E.U's incompotence, as people of the same union in South Europe suffer.

I so admire this man, his knowledge is extensive, he never dodges a question and he has the courage to speak up for Greek people. Syriza has rejected the damaging and extreme austerity forced upon its people when this debt crisis was never theirs. I so hope that other nations within the EU will also take a stand in their elections and Yanis Varouakis will no longer stand in isolation to fight alone but will have the support of other elected leaders who are also prepared to stand up for their people

So, Yanis Varoufakis, Joseph Stiglitz, their host and their co-guests are to be thanked for bringing intelligent discussion up to all nations within the Euro zone. If the times are a-changing, we have to change them ourselves.

What a classic Comment to Start Off with..."when I think of the Eurozone it makes me think of music"...I want to thank INET for bringing these great people, with great minds to inform us ALL. These fences & walls that have been erected in Europa will come crashing down!

can you hear it mr.Schäuble?

Εξυπνος και αξιος!!!

"Come writers and critics Who prophesize with your pen And keep your eyes wide The chance won't come again And don't speak too soon For the wheel's still in spin And there's no tellin' who That it's namin' For the loser now Will be later to win For the times they are a-changin"

@TheAureliac

5 жыл бұрын

This would have been far preferable to the hackneyed poem read at the beginning.

No matter what Varoufakis-Stiglitz say , that poor old german accountant Schaeuble is determined to destroy Eurozone with his austerity policies ! Germans are hard workers but terrible leaders as history proves

@karlkarlos3545

9 жыл бұрын

Alkomp75 Yeah, what great "Leaders" those greeks have.

@AnnaTheodorakis

9 жыл бұрын

Karl Karlos our leaders our traitors that cooked all this up with your leaders...who are also corrupt otherwise they woudnt work together..

@vasalexander5784

9 жыл бұрын

Karl Karlos I am Greek and i totally agree eith what you say.

@vasalexander5784

9 жыл бұрын

You have a limited brain power You dont know Greece even these fools are not aware of what Greece and Greeks really are. If you think that Greeks are innocent fishing villagers and they are that innocent i only say this once,you are mistaken.

@MrShbbz

9 жыл бұрын

Vas Alexander oh shut the fuck up blind idiot.

it is heartbreaking to see this passion, intelligence & hope now in light of the results. A few short months from now (Fall 2018), the sick, sad, farce Yanis wasn't allowed to end will return to Greece.

Absolutely brilliant... I hope our leaders, even if they deny it in public, will have the modesty to actually LISTEN to what Mr Varoufakis and have the honesty to admit to themselves that he's right and that they need to listen to him in order to save Europe...

A truly excellent economical analysis of the the Greek situation from Dr Yianis Varoufakis shared with Nobelist Economist and many more. they all agreed with the Greek economist. and as a Greek myself I am very proud of him been involved with the new government elected only 3 months ago.

What makes yanis great , is the fact that the men is rooted in history. Every wise men knows that today is yesterday tomorrow. SO never think without puting yesterday in your thinking.

22:18, and 23:20 I loved it! Same in Italy,and we are imposed more and more of it, an euphemism for cut backs and austerity. Comes with the broken record (I don't want to misuse the holy word MANTRA!) "EU is constantly asking for more reforms and doing our home work..."Sickening!

Yanis Varoufakis could be the perfect leader...... 🌍

The bit about the pyramid of reform targets being upside down applies sorely to Portugal. The smallest of the small are examined by tax authorities and all too often punished with legally wrong fines (disputing them is vastly more expensive and "taxing" than paying the fines), while various members of the recent and not-so-recent governments seem to have their names included in a list [The *List*] of people whose tax declarations shall not be examined even by the tax-office employees themselves under the threat of being fired (some kind of state-sponsored Mafia system going on).

Brilliant!

beautiful talk, so beautiful, many thanks.

I love this guy so much and I'm so happy for the Greek people that they have made the right choice!

@subscribeorsus6862

4 жыл бұрын

Oh well. That didn't age well

"Let us not talk falsely now, the hour is getting late..."

Read Blyth's analysis of austerity policies and Stiglitz's book on the Euro, and you'll understand the whole situation much better.

Yanis for president of Bosnia and Herzegovina!!!

ESPERO que lo traduzcan al griego y español y lo pongan en todos los municipios de ambos países.Sólo si la gente entiende la situación es capaz de cooperar. Bravo por Varoufakis,Tsipras y Syriza!

@The.world.has.gone.crazy...

2 жыл бұрын

Who in the modern world does not understand english?

@geoffreynhill2833

Жыл бұрын

VIVA! 👍(Green Fire, UK) 🌈🦉

Brilliant speech and situation's assessment !!!

In looking at what's been going on for the last 6 years, the focus has always been on the liability side of the balance sheet, [but] we haven't looked at the asset side - and when you have the level of youth unemployment that has been going on in Europe as a whole, with 60% youth unemployment in Greece. You are destroying human capital and undermining the potential for future growth. So it's really, I think important to tap new ideas like this that I haven't seen seen on the table [..] that adresses some of these problems not only in the short run but also help resolve the crisis. Absolutely hit the nail on the head with that remark!

@rogerk6180

5 жыл бұрын

Nicholas Polyzogopoulos yess.

For those who are not on Yanis's mailing list this is a great interview. I too was very touched at the end. If you can see the sadistic cruelty of the powers that be in Europe which is based on a simple minded self serving artificial fantasised twisted morality. If you can see that austerity measures cannot work and can only damage everyone. If you can see that the only reason for this terrorism is to the scare the Italians Spanish and others so much that they toe the line ( at any cost). If all this applies; you will be moved by the Australian standing to attention at the end. yanisvaroufakis.eu/2015/07/02/why-a-no-vote-in-the-referendum-is-a-yes-for-a-proud-greece-in-a-decent-europe-talking-with-phillip-adams-on-lnl-abc-radio-national/

United States of Europe. We should all be considering it. Euro was an experiment in Bancor. Endogenous systems are inherently unstable. Monetary sovereignty, in a democratic Europe, could fix the Euro.

@normankeena

8 жыл бұрын

+Vern Etzel ♫ ♫ ♫ the times thet are a changine ♫♫♫ 2008 had anybody said moi, ' euro usa ' i 'd spit on their floor... Now i'm not so sure, now i'm not so proud, now i don't talk out loud... the times they are a changing

@IronFist.

7 жыл бұрын

Considering that the harsh political realities make a 'United States of Europe' impossible without conflict or strife anytime in this century, the Euro should be abandoned and European countries should return to their original currencies. We have opportunities today for trade competition between sovereign European nations that simply did not exist in the Cold War era and we should all be considering *that* instead of the EU and the failed Euro. Capitalism does not function properly without a real marketplace for genuine competition, and that includes the various cultures and competencies of diverse nation-states.

@aaronmathias6739

7 жыл бұрын

+AxebeardHammerdick Mate you seem to have a great flow of concise thought. Yet you seem to resent Yanis. From what I have seen & read about him I do honestly believe his motives and beliefs are anything BUT "neoliberal". Why do you think he has pandered to neoliberalism? I am genuinely curious.

@GenghisVern

7 жыл бұрын

Aaron Mathias The current orthodoxy has been building for half a century now, a creature of Friedman I'm afraid. Yanis is virtually alone in advocating for a united Europe, of giving a representative, European parliament control over fiscal policy and issuing a proper, sovereign currency. I think he's advocating the right thing, subordinating his ideological views to a hope of "democratizing Brussels". Far from resent him, he's kinda a hero to me.

@aaronmathias6739

7 жыл бұрын

Vern Etzel You precisely echo my thoughts about him. Apart from his charisma, he has this amazing knack to demystify complex economic theories & explain them from practical context. There is no doubt he genuinely believes in a United Europe & Euro. The world needs more people like him.

We need more poetry in these kinds of spaces.

All my respect to you Yanis

Greece have 140 millions of olive trees and 27,5 millions guests in tourism which spended 67 euros average for a day ! ....just for the record

@pop-n-rock

6 жыл бұрын

67 euro per day??haha who told you that? and please reduce the 29% taxes, insurance taxesetc. 140 million trees ...so they are rich!!!!!well, at least the Greeks who own them...

@sedeslav

6 жыл бұрын

That is official Greek touristic statistics (from 27 million visitors last year) easy to find in search... and olive oil is a good asset. I just said ...i don't judged nothin'

What microphone/speakers are they using?

Eine kleine schar zieht stille bahnen Stolz entfernt vom wirkenden getriebe Und als losung steht auf ihren fahnen: Hellas ewig unsre liebe. Stefan George (1868-1933)

Next to Varoufakis, Stiglitz seems to be mumbling

Yanis Varoufakis is right, and brilliant. Nice combination. He is a master at the game theory. Greece will leave the Euro, not if, but when. They need to. Re-establishing a sovereign currency is their only hope. I assume Spain, Portugal, Italy will follow and there will be no more Eurozone, nor should there have been. Yanis is right. Putting monetary policy ahead of political was a disaster, but the other issue was that this would never have worked as there is no way to combine completely separate countries into a United Republic as the US. In the US Massachusetts carries Kentucky. Always has always will. It's an understanding as both states exist under one flag. The countries that comprise the Eurozone do not, will not, have not. There is no common community of citizenry. While understandable to want to eliminate the ability to manipulate ones own currency (although Britain is exempt as they didn't meet several criteria) so establishing a universal currency may be tempting how could the obstacles be so ignored?

Good timing for complete reformation of science of economics and economic management. It's necessary to take out the value of the government creation of funds with currency issue on the table by economic management.

Yeah, I love Yanis too, but while he was finance minister he was naive, he had the right technical ideas, and even the right heart, but he did not understand power. He did not understand how the levers of political power are so often pulled in counter to rationality and human decency. But reading "Adults in the Room" it is impossible to think he did not learn an awful lot about power. I sincerely hope the Greek people elect his DIEMOS Party into government, and that he can give hell to the neoliberal technocrats who lied to and libelled him and who (I think criminally) plunged millions of Greek citizens into life long suffering and poverty, all because they could not handle a reasonable debt restructuring.

Around 22:35 Varoufakis speaks of "rent seeking". Rent seeking in all its forms is about "unearned income" which in layman's terms is the private pocketing of an economic value, i.e. income, that the one pocketing the value/income does not create. It is the free lunch in economics which is not supposed to exist. Not many speak of this concept but those who do speak of rent seeking/economic rent/unearned income estimate that it is 40+% of GDP everywhere. A pension or social welfare payments may seem to some like unearned income but they are not. Even if they they were they would be far down the list of important and destructive sources of the theft that is unearned income. Unfortunately it is the misguided policy of cutting the pittance workers receive from social welfare programs and worker funded social insurance programs that is the focus of austerity in Greece and elsewhere leaving intact the whole panoply of unearned income sources. Some leftists say that the profit of capital is unearned but unmonopolized real capital (the tools of production) earns its reward and does not fall into this category. This is one of the errors of Leftist thought equal to the denial of Rightist thought to even acknowledge the existence of unearned income. Varoufakis spoke about his government's plans to go after real reform by going after the main sources of real unearned income. Both Left and Right are unclear about the distinction between earned and unearned income. This correlates with the decline of relevance of both Left and Right analysis these days. The fact that Varoufakis and Stiglitz even speak of rent seeking makes them extremely dangerous to the status quo. So far as I have seen even they are careful not to speak too clearly or too much about the subject. Even so mighty movements spring from such hints. Steady on lads.

Veroufakis is a real man

Wow!!!

Impressive! I wish him luck.

please, i could have it what yanis says - in german language - in a origin version, its possible?

Keep walking Greece.

@petermathis8528

9 жыл бұрын

sackfulofnews that might be difficult with no legs to stand on....

@sladoledarija

9 жыл бұрын

sackfulofnews can't wait summer 2015 when greece people will hang these sellers of fog! :)

@djoniebie

9 жыл бұрын

sladoledarija wow, as you can see, people tend to defend even the torturers they are habituated to. it is called the stockholm syndrom. clearly some commentary writers don't have the slightest idea what greece people are going through on a daily level and how relieved they will feel when they'll go from this horrible, society-undermining, inhuman debt to simple poverty. a poverty which will create a society of people who care for each other (since they have nothing anymore - not even a debt) instead of the individual envy-based shit the western consumer has to live in! a debt that was created by bankers that cashed-in and of which the greek didn't spent the slightest euro!

@djoniebie

9 жыл бұрын

***** when we talk about poverty, we should maybe define it first. there is a misunderstanding of what it can be. It is not a calculated situation. I understand one can cynically call social generosity romantic poverty, but reality shows that people who live in a poor situation - compared to western standards - are automatically closer to the organic question of what life is about and automatically recognize each others' situation more direct. This is difficult to understand behind a computer screen but it can easily be recognized hitch hiking through poor countries fe. Now, this generosity is exactly the opposite of the "luxury" ,the debt-capital market, you advocate, puts forward. this debt capital market is what got the greeks into the mess they are now in, in the first place! Now as to the burning, of course it will burn. that is nothing to rejoice in nor to fear. many people just don't want to be poor and are blocked in measuring themselves by calculated standards and they believe they need to be measured this way. it is just a belief-system that has to be grown out of. I wish them the best of luck and generosity between themselves. The way the world moves, changes have to take place and that might include defaulting even the great god of the debt-capital market.

@lefteriskosmidis6717

8 жыл бұрын

***** Just a sidenote: Into The Wild is based on a true story, so nice choice of a movie!

Who's the artist who made those statues on the back? They look so real..

Greece: This episode in history represents another bleak indictment of a very poorly performing mass media, across much of Europe (and elsewhere). 99% of the coverage pointed to the irresponsibility of the Greeks, while presenting Germany as a shining beacon of economic caution, a nation of savers (there been an element of truth in that); the fact that the 'books were cooked' in order to get Greece into the Euro received little or no attention, as did the recipients of the first bale out - creditors who had backed a risky gamble, safe in the knowledge that European tax payers would ultimately pay, when things inevitably went wrong. Corruption is still corruption, even if it's presented as an economic project. On the matter of how these events have been framed: it's folly to view this as an episode between 'Greece' and 'Germany' (and other states). It was triggered by rogue officials in Greek government, in cahoots with financial agents (bankers); the aftermath being faced by the Greek people, and European tax-payers. As with so many parallel events, a crooked establishment got away with wreaking havoc, leaving general populations to face the consequences of their actions. {It's little wonder the new Government has struggled to make any headway, as the odds were so severely stacked against them, from the start, which is all the more tragic, as failure could kill off this rare opportunity for 'radical' policy-making (across various avenues) to flourish} If you want to remove your own money, from this intrinsically bad system (banking), there are few options with which to realize your 'protest vote' though Credit Union are worth supporting, and the creation of new structures remains an appealing idea - though difficult to do, given resistance from the likes of the (equally dire) FSA, and its peers. Worth looking at 'money creation', for the uninitiated - profits from thin air, better 'magic' than even Houdini could muster.

From what I have read and seen, Europeans and most Member States do not want a Federal Europe, the same people who talked about Federalization years ago are same ones talking about it today.

Listen to Stiglitz at 28:55 : he gives a great overview of the situation

Can someone advise me on how I could realistically start studying economics? (From scratch! ) Many thanks!

@ieatwiteoutforfun

3 жыл бұрын

Will take years

@aristeidisaldroupitsouliag7417

3 жыл бұрын

Talking to My Daughter about the Economy: A Brief History of Capitalism. Start with that

Excellent discussion. Unfortunately it should happend many years earlier. I recommend the Costs of Economic Growth, written by Ezra Mishan in 1960 but who was unable to find a publisher until 1967. In this work he expanded on his original 1960 thesis which stated that the “precondition of sustained growth is sustained discontent”, warning developing nations that “the thorny path to industrialisation leads, after all, only to the waste land of Subtopia” The Costs of Economic Growth presaged many of the concerns of today's European economic situation.

Franchement la masonerie français has no more ideas. Greeks are thé ones. Long live to Greece

Two exceptional men addressing the economic oppressive measures disguised as helping the oppressed.

Bravo guys !

@athanatiEllada

8 жыл бұрын

+Sand. E LOL

Yanis Varoufakis!

Who's the cheese introducing?

Thanks

Captions maybe helpful for us non-english audience

@stefstokman3593

3 жыл бұрын

Yeah its quite challenging, but it is good for my English skils.

Liberté, égalité, fragilité? was that an error or what am i missing?

@Fomeister

8 жыл бұрын

It's a pun. A new motto for a new revolution?

@The.world.has.gone.crazy...

2 жыл бұрын

A brain 🤣🤣🤣 the french part of youre comment of the French revolution, has nothing to do with Greece or Europe

very informative conversation

Economic growth forever is a myth. Anything based on a myth will collapse.

1. Overwhelm the system. 2. Raise a "leader for the people". 3. "Reform", until unrecognizable. Bye, bye Greece. Here comes "change".

Wonderful to see that there are some genuine attempts to reshape our current socioeconomic models.

Hey Yanis, is Josef writing your reform list?

@pop-n-rock

6 жыл бұрын

I don't agree , but I admit that was funny:))

Speaking of a US of Europe is counter productive, I think. Many Europeans hate the idea of modeling themselves after the US. Perhaps Europe could take a look at the Canadian system? Canada has three territories and ten provinces, each with their own budgets for healthcare, education, welfare, etc. Yet it remains an optimum currency area.

@akhalif68

9 жыл бұрын

Alan Pater Hi, when Varoufakis talks about a "United States" of Europe, I think he is talking about some sort of "Federated Europe" where the peoples of Europe live in a more harmonious way, with the possibility of a number of shared institutions like a Central Bank. In his previous talks Yanis has stressed that Federation cannot be created in the middle of a crisis & that it will take approx. 20 years to make it happen. The institutions & structures that were created in the 60s, 70s & 80s by the so called technocrats n Brussels, Paris & Berlin have failed spectacularly to deal with the earthquake that hit Europe. Also among Europe's elites the notion of TINA (There Is No Alternative) must be killed off!!

@charlycgn6045

9 жыл бұрын

Alex Khalif The Terminus Technicus we use in Europe is "Multi-speed Europe". Nobody seriously wants a "United States of Europe". Yanis Varoufakis is a fool. He and his communist party really should do all of us a favor and leave the Eurozone!

@akhalif68

9 жыл бұрын

Christian...Varoufakis maybe an idealist when it comes to reforming European institutions as well as trying to stop Europeans turning against each other...BUT iam certain he is no fool & he is not a member of a "communist" government!

@charlycgn6045

9 жыл бұрын

Alex Khalif Yes, of course. The Syriza-Party is a coalition of the radical left. That's the point. You know, I'm from western Germany and because of the subprime mortgage crisis and the corruption in Greece today we have the upcoming right wing-parties Front National (France) and AfD (Alternative für Deutschland - Germany). So, if now Varoufakis is not quick about returning to the negotiating table he is responsible for the rest of Europe to lose its patience.

@akhalif68

9 жыл бұрын

Christian Sauerland Iam not going to mention anything horrible about the Germans or their culture as I have some distant relatives living there even though I now live in Australia. Iam very disappointed in what Schäuble & others in the government had to say after the meeting with Varoufakis. They don’t seem to able to differentiate between somebody who is just a technocrat with a degree in Economics & Finance from a person with a deep intellectual understanding of European problems and practical solutions. The human cost of this whole debacle is too high. Also, its not our responsibility here in Australia to find jobs for unemployed European citizens who have fled the crisis, we have enough unemployed youth ourselves...

damn politicians can talk good

Long live all progressives worldwide

I wouldn't brag too much about being the finance minister of Greece. That's like saying, "I was the chief engineer at Chernobyl", or "I designed the Titanic AND the Hindenburg".

@The.world.has.gone.crazy...

2 жыл бұрын

He was put in office when everything had allready collapsed. If you dont know the mather or the details, dont comment. It makes you look foolish.

I believe this may be the panel that got Ex-Minister Yanis fired

LEGALIZE IT!! Problems solved.

Nai Nai Nai Nai Nai Nai Nai!!!!!!!!!!

Varoufakis loves mankind

@johnnybizaro1

8 жыл бұрын

+Alex Lambidis Not exactly. Look at at November 3rd, 2015 with Yanis and DirkPolmann interview with German subtitles. Merkel is history.

I truly can't understand delusional person who will disagree with Yanis.

Today Go New Global To New Econômic Justice For Alls !

Stiglitz says 'Europe' when talking about huge surpluses but he really means Germany. For more context take a look Ben Bernanke's post: www.brookings.edu/blogs/ben-bernanke/posts/2015/04/03-germany-trade-surplus-problem

Ooooh spicy

times are a changing and its not just to sort out Greece, Climate Change is also banging on the economic door , and I just wonder why the incorporation of protection of natural resources is also not an important part of any discussion like this. Leaving out the consequence that financial activity has on the planet and it long term sustainability is folly at its highest. I sincerely hope that economic linkage between taxation and resources use is an area that certainly needs some modeling and decision made sooner than later , if we are to make any real impact on the consequences of rapid resource useage.

"Public Servant Lets Baby of a Single Mom Starve"

Man Stiglitz sounds like Spielberg...

Advice from this guy and his buddy Larry Summers who almost single handily were responsible for the near bankruptcy of Eastern Europe and the financial crisis in the US.

Down with the EU!

what if mr varoufakis had saved them earlier...

Gotta love all this Dylan quoting. Never thought of economists being literate.

No lip synch... some random speech stuck on this video?

America and Britain must face up to the fault or they will suffer the consequences in more ruinous circumstances.

Yanis Reforms sounds to me like he is saying that the neoliberal policies of the 80s/90s need to be renegotiated for Greece, to get it out of the mess. I guess he can just say how Greece has found itself in this mess in the first place.

thank you Varof ... :) ... this is not left wing ...this is humanity wings !!! ...thank you

@HexxuSz

6 жыл бұрын

that is the same?

@rogerk6180

5 жыл бұрын

უწმინდური მამაო ღორმენ yes it is....

No solutions only more confusion, less clarity and more failures. There is a new book out which discusses these very issues and problems and their causality, and proposes new solutions which address causality. The solution is not communism, socialism / marxism, federalism, fascism, nazism, oligarchy, plutocracy, dictatorship, but new forms of democracy, such as economic democracy and reformed political democracy, a deeper understanding of bubbles and crashes and market dynamics, and more freedom with responsibilities attached. This new book can be bought at www.amazon.com/New-World-Disorder-Terrorism-Democracy/dp/1977819338/ref=tmm_pap_swatch_0?_encoding=UTF8&qid=1520023615&sr=8-1

there is a capital, but not for all.......

How did they do such debts? Other countries were "executed" immediately the Troika sensed some wrong tendencies. How comes that Greece was allowed to amount such a HUGE debt?

Greece can change its structure...but not be a plantation like other nations. EU...can change and be a big nation but not delete the nations that were created...and function both as a free big nation and as a small one. So be better than other federations out there. It may be difficult to bring these big changes in both Greece and the EU now but the time will tell. Despotism of the EU must end.

Isn't it nice to see people with a global voice having some real first-hand economic sense. For once, people without their hands in the cash register trying to siphon off what they can for their bosses.

@pop-n-rock

6 жыл бұрын

.......?

I disagree that most people in Europe want a United States of Europe. That would be a total disaster.

@John-lf3xf

4 жыл бұрын

davisoneill he said that

Two friends talking and a weird moderator. Nothing intellectual will come out from such a cozy setup.

I came due to my respect for Stiglitz... I stayed for Varoufakis common sense reasoning... good discussion.

First I want to say that I am not an economist or do I have any background in it, this is simply my opinion. He speaks of the so called “BUMP” up in GDP in the later half 2014 as a rumor because as he says it was because the continuing falling of nominal GDP against raising prices. He goes on to say that his definition of a depression. If you take a look at the global economy I think this situation is exactly what is occurring in all the economies in the western world. I will take for example the US because I live there. They keep claiming that growth is occurring, very slowly they will say, but is happening.I argue that is not the case, because of what Varoufikis states about nominal GDP continuing to fall while prices rise. What is really taking place is what is describe as an “inflationary spiral.” And because of this, any growth that they claim is taking place, is in fact fictional because raising prices are leading to a false appearance of growth in over all GDP when in reality the economy is at best remaining stagnant.

@JecaMasha

8 жыл бұрын

Ritchard York Yes, that's basically it. Humans can't think exponentially thus the "growth" mantra by the elite has this effect on people. Growth in this instance just means: produce more for less salary and pay more taxes and buy stuff at higher prices... eventually this system leads to be untenable and a "reset" happens. in france they cut off the royals heads... in the usa they had the new deal etc etc ...

@rogerk6180

5 жыл бұрын

BuddhaNature it is pretty easy, gdp does not reprisent actual goods of services. It reprisents value of goods and services. So if the amount of goods and services produced stay the same, but the prises rise year after year, it is seen as gdp growth. It is a flawed metric..

Yanny V 2024.