A conversation with Yanis Varoufakis

A conversation with Yanis Varoufakis

On April 16, the Global Economy and Development program and the Hutchins Center on Fiscal and Monetary Policy at the Brookings Institution hosted Greek Minister of Finance Yanis Varoufakis to discuss what faces the Greek economy, the prospects for reform and economic renewal, and the details of any future strategic agreement among Greece, its European partners, and the International Monetary Fund.


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31 thoughts on “A conversation with Yanis Varoufakis

  1. Yiannis Varoufakis shows not only great economic knowledge,  intelligence and creativity but he also has integrity.  This is very, very rare in western politics.  The best leaders appear only in the most desperate times, this is a sickness of our democratic system.

    1. @Roger Smith Mr Varoufakis has a deep understanding of European history & character which is filled with many wonderful examples of human progress as well as sad tales of misanthropy, mass persecutions of minorities & crimes…he is somebody who has spent most of his life in academia & not in the world of politics!

    2. @Alex Khalif Philosophers in politics, that is what it should be. Not those unhonest slimy “professional” politicians.

    3. @Roger Smith The name contradicts himself and denies himself every other sentence he says. Let alone he was secretly plotting with the Zionistofascists of London to create another disaster in Greece so as to force Greece out of the Euro. Baroufakis is a (y)idiot, half-learned (which is worse than being ignorant), a fascistoid and a traitor. He should be court-martialed along with the rest of his gang that have led to this unnecessary destruction of Greece’s economy (and I’m refering to doing the post-program referendum and effectively closing the banks at the height of the tourist season!). I mean even if you are an idiot you don’t do that.

    4. @Yanni Tzili You consider Yanis Varoufakis “half-learned” and “fascistoid” while using the term (y)idiot. Clarify what you mean by this term. You also call him a traitor. To whom, specifically? Some properly applied facts would help.

  2. Never dealing with Goldman Sacs again! Greece should give up the euro but stay in the euro zoone as the British and in the long run all eu countries should go back to their traditional currency after the creation of a new world neutral currency .

    1. @MegaLensman ^ That. Our previous traitorous politicians from 2009 to 2015 had propagated to the Greek people the notion that if we were to leave the euro things would eventually go worse for Greece than if we kept it.

      This has already proven to be huge lie since the economic shock Greece would’ve suffered from leaving the euro back in 2009 would be massive but still our economy would never get to this point. And what’s more is that our economy would’ve already recovered a great deal.

      But you see our politicians with George Papandreou and Samaras as the heads of the government were prime examples of traitors, and worked covertly with the troika in order to save northern European countries and the banks from the impact an early “Grexit” would’ve had on their economies.

      Greece is insulted, destroyed and at the same time has saved the economies of the smug northern Europeans that look down upon us. Propaganda once more is used to slander an entire nation and destroy its well being.

    2. not just worse…they were talking about midle ages and chaos….the media propaganda is unacceptable

  3. Alles Theorien, deren Funktonalität nicht bewiesen ist. Es geht um praktikable Reformen die greifen und nicht um Phrasen die keinem was bringen.  Es ist einfach so: Man gibt nicht mehr Geld aus als man hat, sonst  … siehe heutige Situation von Griechenland und anderen Ländern ….

    All theories, whose function is unproven. It’s about practical reforms that engage rather than phrases that bring nothing. It is simply this: you do not give more money than you have, otherwise … see current situation of Greece and other countries ….

    1. You paid enough? U must be joking, war in Syria is aftermath of lies( Balfour declarations) , not mentioning slavery, misery and exploitation 3/4 of Earth.

  4. 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.

  5. Germans are poor leaders: the Euro allows Europe to compete against the dollar and as a reserve currency it allows enormous freedom to print money because just like the dollar, it’s backed by global demand that’s being generated by commerce done in a reserve currency.  Every time some country is buying some resource that’s priced in euros that creates a mandate to print money.  So Germany could easily bail out Greece which is no larger than Detroit which was bailed out in 2008 by the USA.  If Germans want to play in the big leagues and want to compete against the USD they’ll have to assume some responsibility and bite the bullet every now and then.

  6. Do Not Go Gentle Into That Good Night
    Do not go gentle into that good night,
    Old age should burn and rave at close of day;
    Rage, rage against the dying of the light.

    Though wise men at their end know dark is right,
    Because their words had forked no lightning they
    Do not go gentle into that good night.

    Good men, the last wave by, crying how bright
    Their frail deeds might have danced in a green bay,
    Rage, rage against the dying of the light.
    Wild men who caught and sang the sun in flight,
    And learn, too late, they grieve it on its way,
    Do not go gentle into that good night.

    Grave men, near death, who see with blinding sight
    Blind eyes could blaze like meteors and be gay,
    Rage, rage against the dying of the light.

    And you, my father, there on the sad height,
    Curse, bless, me now with your fierce tears, I pray.
    Do not go gentle into that good night.
    Rage, rage against the dying of the light.

    Dylan Thomas

  7. Τhat man is a very big fraud.He will take you to the hell and you still trust him. He can convince,also,people from North Pole to buy refrigerators. Poor Greece!The most explosive situation is to be on the verge of bankruptcy and having him as finance minister .

  8. OMG… I just watched this man basically beg the Germans for roughly $20B distributed to each EU country so they can “invest” in building cell cars!!! –I’m still laughing 😉

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