Not sure you are correct. However, I do think, if he is a politician, he is an honest one that tells and reveals the truth. We need more people like him in the forefront of society.
He is exactly what any & all politicians should be..unlike the bunch of pretend puppets that we currently & very stupidly allow to run our country & trust with our lives
@@JohnGeometresMaximosare you one of many PAID DIS-INFORMATION TROLLS? (yes folks.Its also fact the leftists employ media & internet trolls to discredit all who shine a light on their many agendas) Also, these "trolls" always use multiple accounts/screen names to appear as tho they have more support when discrediting others.
As an ordinary person, this man is someone I will always hold in esteem mainly because of two points: He shows no signs of self interest and more importantly he admits that he made mistakes. To me that's the real sign of a person who can be held in trust, a very dangerous thing in the modern world. There's not enough of people like him in power.
Listened to this man speak for the first time this morning . The ring of truth about the interview . Thanks and appreciation to all involved . As always more to do to respond appropriately .
Sorry he fooled you. ask the people he destroyed. Also, he makes some millions invited to speak about Marxism covered in Economical theories, and also he has never admitted any mistake to Greeks - he is in the Parliament and promotes his policy, he is here today and never did he admited ANY mistake, I am here everyday and watch all news, all newspapers, all tv news every day.
@@damnyourpasswords Yep he is also very naive, and believes Marxism is the answer. I like his personality and charisma, but he is just wrong on the solutions for lots of our problems today.
Professor Yanis Varoufakis is a towering talent and one of my favourite people on the world stage. Lucid, intelligent, truthful, realistic how I wish more were like him. Katrine Marçal carries out an excellent interview. She really did her homework and it shows. Excellent video.
@@JohnGeometresMaximos and Yannis is bitter the EU wouldnt give in to Greek demands when they needed a bailout from EU (for Greece living beyond its mean). Everything he says should be taken with a pinch of salt...he ha created a house of cards to explain the EU is villians and Greeks are heroes. Greeks are the villians if anything, architect of their own austerity.
@@borntodoit8744 - Committee for the Abolition of Illegitimate Debt - 'Banks are responsible for the crisis in Greece : Debts claimed from Greece are odious' by Eric Toussaint [9 January 2017]
Bubba Ole alas... he elevated himself as a “prophet after the happenings”. He is an outdated leftish, only recently he was saying we have no right to stop the immigrants and wanted to open the borders for them to pass to Europe.
They went after him like harpies as soon as they realised he was a threat to their plan. Hit piece after hit piece of lies to vilify him until he quit.
His command of English is incredible. I don't mean just for a non-English native speaker, I mean for anyone. His ability with the language is far better than most well educated native English speakers.
he spent a lot of time there and in Australia - actually half of his life. moved to uk in 1978. so nothing surprising at all. he is australian citizen too. surprising that his accent is so thick actually given all the time he spent there.
I have yet to meet a "lazy Greek", not only are they industrious despite the mess their government's got them into with the corrupt EU but amongst the friendliest and most welcoming people you can find.
They are lovely warm welcoming people . But there may be a corruption mentality. I knew a doctor in a hospital and he said all doctors took brown envelopes from patients in order to get priority treatment. My friend refused to do this but all the other doctors applied group think and regarded him as being odd not to also play that game.
Apropos of nothing, I just wanted to say how impressed I am as an Englishman, that sheer quality of non native English speaking in this interview. Both speak to a native level, and the Swedish interviewer almost sounds English.
"Give me control of a country's money supply, and I care not who makes their laws", Amschel Rothschild. "Not only are the banks too big to fail, but they are also too big to prosecute", Eric Holder USA Attorney General addressing Congress April 2013. I wish more people would gen up on Central Banking and the creation of money out of thin air by the private banks. Unfortunately, when one mentions it eyes just glaze over and go blank.
beaubarri - sorry, but nobody controls the country's money! I mean, nobody controls mine! Oh, and by the way, they got prosecuted left, right and centre- last time I checked! They got hit by massive fines, got sued, and a few bankers even got jailed! Strangely enough, no politicians went to jail/got sued/ got fined etc. They were the ones who interfered with the banks; bullying them into making loans they would never have made in the past! All to get more votes, and stay in power!
If you know a really good hacker, a really good and discreet one, evaluate your country's cash-flow. You'll be blown off by what you unearth. Just saying...
honestly i think guys like varufakis are sociopaths.....what shouldve eu done? not bail out every single bank and let them fail and then what we would all just figure it out next day when you have to buy food ect5.....these lunatics want to see the world burn just so they can have their imaginary utopia. and yea, he is a leftist, he bitches about austerity, when the reason the crisis happend is exactly because of banks giving money to people they shouldnt have, and this lunatic s proposing even more of the thing that led to it to begin with also yea, interesting how all greeks are the good guys and eu are the bad guys because austerity
he would rather be hanged than admit he is not right. he is a narcissit more than everything else. i understand why you believe him. i have voted for him . but as far as we hate the establishment, let truth be truth
@GreekForTruth1 Meaning...Greece, Italy, Portugal accepted the € in spite of NOT meeting the criteria....just to satisfy a WHIM and a crazy unthought of dream...too early....and what kind of "wanker" are you?
The EU are the modern USSR made created to destroy the peoples cultures , identities etc. Remember how they killed off millions of the population then? Now they are doing it in subtle ways by bringing in immigration etc so its not as noticeable of genocide versus the other time. Kalergi plan look it up!
The people who run the EU are the same people who financed two world wars. The Zionist Bankers! The destruction of white Christian Europe has always been their aim. Search the Coudenhove Kalergi Group
It didn't do the lady journalist who outed the Panama papers She told the truth and was blown t bits My pal has 2 relatives in Swedish intelligence they said malmo is more or less a no go zone and the country is struggling to cope with immigrant gangs bringing in guns and grenades that are used every week in crime and terror acts Nothing on so news channels
What an absolute credit to his role as an elected politician and representative of the Greek people. I take my hat of to him for his honesty, integrity and most of all, bravery as a human being. It's a shame most other people in his position have become as corrupt as the establishment in which they serve. May god bless the Greek people, now and in the future.
Varoufakis is a unique voice, exceptionally clear, brilliant and with what feels like a very kind , concerned heart. The interviewer here is also really good.
A very smart and eloquent man. The Greek bailout was not a bailout of the Greeks but a way to prop up failed banks in Germany and France. Paid for by all the taxpayers in Europe... Banks should be able to fail and go bankrupt. The Greeks have been shafted that much is certain.
No, if the banks had failed, all of Europe would have been in the Greek situation. The banks should have been bailed out directly by the ECB, and maybe nationalized (or rather, federalized). But the Germans couldn't have that.
Interestingly, the Rothschilds are hiding behind all this subterfuge. They're at the center certain of the problems in the western world. Puppetmasters. They make Soros look like a kindergartner.
I think in 2009 all governments of EU takes loans to support the banks. That was the case for Romania, which loans 30 bln Euro from IMF and World Bank to bailout the banks which operate in the country. Maybe Poland was an exception.
@@borntodoit8744 -Yes, you Dolt, I believe in capitalism because it works. In a free market each person is able to bargain with different people to determine the pecuniary value of his/her own labor, rather than to be forcibly remunerated according to a decision made by some government official per socialism. A free market system is just and proper because it enables each person to achieve the highest possible pecuniary return for his/her labor by bargaining with multiple people and by freely entering into contracts that will most advantageously remunerate remunerate him/her. This willing seller-willing buyer situation also benefits society because it incentivizes people to develop and provide new and improved products and services for the public. Products and services developed competitively through free enterprise are on the whole far superior to the products and services that are available in a government-controlled socialist economies. Whenever and wherever true socialist economies have been instituted, they have ALWAYS failed to compete with free market systems. Furthermore, socialism can not survive unless it is forcibly imposed by government on citizens. True socialism benifits only the elite ruling class and always deprives other citizens of basic rights.
I am so glad I discovered this video. I am one of many who believed the propaganda that the Greeks were simply "Lazy" and that is why they were bankrupted. Then I heard Nigel Farage at EU parliament mention the plight of Greece and his accusation of EU ruining that nation. So I got interested. Now Yanis explaining and enlightening us. I owe my Geek friends an apology.
Greek are still suffering from this sabotage. I have witnessed many discussions where one would toss just a word or a sentence of lazy innuendo or accusation of laziness against Greeks and the Greek yet again having to spend more of his time to bring up all the facts in order to explain the 'simple' truth.
He needs to plug into something ,somewhere ,for someone's good soon !!! Otherwise what good is he to anyone ????!?! Why did he not run for any Eu position !!? The Europe for starters would be charting a different course , by now and steering the rest of the world towards an acceptable direction !!!!! Every corner turned on earth was on the shoulders of the momentum of a mere mortals belief in his strength , Yannis can be a true Spartan, Aristotle .....a herculean Greek God !! Let him take a shield n Trident , n step to the lions den ... The world in turn will shut their mouthes n make sure he is never harmed !!! We are the generation that owe ourselves this revolution within our lifetime !!!! Wake up worldwide !! Revolt everywhere !!!!!?
This bloke's IQ, communication, general grasp of the actual and ability to talk sensibly with feeling without rancour or emotion is mind-blowing. He just trots out a metaphor about Macbeth as if he was discussing the weather.
Knowing macbeth etc doesn't imply your IQ is especially high, it means you're a studied person, an intellectual and that you don't possess low IQ at least.
@@Aeonized Being an intellectual is more important than having a high IQ. Having a high IQ facilitates education, but the ultimate goal is being an intellectual. It's common sense a very well read 90 IQ person is better than a lazy, potentially burnt out 150 IQ one who read 10 books in his life.
Amazing. Varoufakis is hypnotic in his explanations and breakdowns so that even someone who has no understanding of economics can grasp. Thats the first time I have watched a youtube video all the way to the end since 2005.
Varoufakis is not wise or insightful. He is a committed socialist. Socialism simply doesn't work as an economic system. Past socialist governments have gotten Greece into trouble. His advice would lead Greece into much deeper trouble.
@@johnmaxwell1750in this situation it's the banks and financial institutions that are socialists - they're dependant on other people's money and get rewarded for failure. You're right in that it doesn't work as an economic system
@@robertely686 - No, a centrally planned economy with government ownership of all property doesn't have multiple banks and private investment institutions. That is socialism. Don't blame Greek or German banks for the Greek economic disaster. Blame leftist socialists like Varoufakis who for years advocated spending far more than was justified by collected revenues. Varoufakis was a finance minister and made the situation worse.
Soros gets billions influencing politics to affect economies and by shorting the stock market on the influenced economy he gets his billions- then soros uses that money to affect politics in another counties economy.
The very best explanation of the Greek crisis I have ever heard! 👏👏👏 They should of absolutely done his plan for recovery. It was by far the best choice. Greece has suffered so much since the crisis and now the pandemic.
Not only smart as hell but a great speaker easily seeing around the corner with tricky or thorn covered questions. Rare, genuine, and uncommon selflessness.
I`ve always liked this bloke, very smart indeed. His command of English and his vocabulary is better than many that are English born. He would make a great James Bond villain!
Great interview, thank you for this share. Greeks are not "lazy," neither the Italians, Spain or French, average european are genuinely industrious, truly hard working people, very sharp, and honest to their core.
shakti veda.......I would ask a question .Why Greece, Spain ,Portugal , had a very good economic situation before entering the EU .??Why?Because they were sovereign countries . and they took the best decisions for their own countries.
@@xeniastefanescu507 Xenia, yours is a good question, I like it, and, please don't get me wrong, but I don't have all the time in the world to adequately answer to it and I may not even be prepared enough to answer, but I can give you a great advice that will not only answer this question, but it will also bring a lot of light to the entire situation, indeed...I hope you don't mind me if I send you a link: th-cam.com/video/57UBuxnicOA/w-d-xo.html You probably already know Mark Passio, but if you don't, then you will when you check this video I sent you in the link above. To be honest, I moved away from politics long time ago, it's all theater at the people's expenses, no matter what race, what color the skin, the eyes, or the hair...
As a greek, the amount of racism I have encountered from Germans is insane. I clearly remember many cases of introducing myself as a greek to german people and the insults about being poor and lazy and not paying taxes started immediately. And no, they were not meant as jokes, these were people I'd just met and the first thing they though of saying to me after I mentioned my name and ethnicity was insults and racism. It was completely insane. I know not everyone is like that in Germany, as i have german friends who are cool, but the anti-greek propaganda in german politics and media between 2008 and now, has done a lot of damage and has caused hate and racism in germany.
@@konstantinapapaioannou4306 Completely get your message here, I myself have experienced the same not only by others, but even by my own's in my own country and outside of it. I won't even bother to mention my nationality since I realized that I was the one who was generating my own problem...how? you might ask...simple, by defining myself as belonging to a nationality, it doesn't matter what nationality we pick or choose, (I used to be very proud of my roots and still am), however, by defining myself as belonging to a nationality group I fell into the trap of self-confinement, while on the other hand, I usually like to keep myself "outside of the box" any "box" no matter how big that box might be, it still a box. Anything we identify ourselves into is meant to show us where we make ourselves small and where we accept confinements and loose our true freedom. We need to overcome all definitions and confinements to discover our true selves, nature, and why not even the talents that come from overcoming these conditionings and false constructs. Blessings to all 💓
It has been a long time , since I had the pleasure of listening to a " what I would call " realistic view point . If our so called leaders , spoke and thought like Yanis , I would be tempted to vote again .
Salute to everybody who understands...Honestly, I'm like: yeah, that is wrong... but what does it really means? How do you get to that conclusion? Ultimately, What are we talking about?... for a Greek man to be quoting Shakespeare twice in 15min with so much culture his country has to offer... I'm blown away, so young, so sharp, so precise and secure. But I don't understand what he is talking about...this is a subject worth at least 120 hours... I don't understand... Yes, I'm just 15 min in but this is an interview... Europe is bulling Greece yes, how...bla bla... but why? ... why it all has to work that way? What is the end game? 2 beers in Samana for who ever helps me understand.
Professor Yanis is a patriot of the first magnitude. Make NO mistake about that. Just look at what is going on in Europe as we speak.....2 years after this interview!!
He is the same person in Greece he was saying and wanted to open the borders to let immigrants pass to advanced European countries. Make no mistake, he is an outdated leftish.
Crazy Ep your effort to insult to a Greek is more annoying. All I see through is no argument , just that an insult. No logic lover would be proud of you I guess been you is simple enough to know what happens without knowledge of actual facts or in simple delusions
I remember this guy being slated by MSM and I knew then he was no fool. Very calculating guy. The greeks are lucky to have a straight forward guy like this
We are unlucky to have all the rest of them though. He is outnumbered unfortunately by all the other dishonest politicians. The vast majority of greeks do not like him unfortunately and consider him responsible for what happened.
Our prime minister is a national and international disgrace. She is NOT a true Brit. What she is is a greedy, treacherous, treasonous bitch who deserves, along with many of our politicians, to be hung for their crimes against democracy and therefore the people. But trust me when I say this, it's a battle history has taught that they will, they must lose. We will not lie down and just take it. People are more furious than I have ever known in my 50 years.
@@Phaseband ,then you can pay for them to be " looked after "in prison. hang traitors and the people behind them.... they were once hung for good reason,.. now they are ruling over you.
I have always believed that Greece made a huge error in not leaving the EU when they found it impossible to make loan payments. Greece should have walked away from both the EU and the dept, reissued the Greek currency obviously at a deflated rate. They could have built a huge tourist industry overnight !
Defence Man you don’t build a country with weak currencies in the present day. There are no magic solutions. The only thing you succeed when you are tied up at euro loans and change to a weak currency is to devalue all Greek property by the same rate outright. Been bought for pennies. With weak currency you can’t buy technology and advance, you try to become what then? Indian or Chinese?
Varoufakis is the person who has best articulated what has really been going on during the Euro crisis. Politicians throughout Europe have simply been totally dishonest with their electorates because they know that prioritising the interests of the self destructing financial elite over everyone else would be a non starter if voters knew what was happening.
The problem is voters don't understand HOW they are being screwed. They prefer a simple narrative that doesn't require any deep thinking on their part. The reactionary agenda is so much easier to swallow. Just pretend entire economies can be compared to individual households.
I enjoyed every minute in this interview. Professor Varoufakis apeears as someone you can trust as he explains how politics (beaurocracy) works in EU. For me as European citizen, both crisis 2008 and COVID (especially 2008, due to better PR from Europe at handling that second crisis), were an absolute dissapointment and a blow right in the middle of my proud European citizenship. Great interview. In Spain, the main media lack of such prrepared and honest journalists.
Yeah, that line alone explains a hell of a lot of politics that we see on the news. If we are ignorant of the machinisations and psychology of power then very little of it makes sense.
@@carpediem5882 not all of them dear Carpe [ is that your real name ? ] The political is only one area of human activity . We are each responsible for the world we inhabit to some degree . That’s where we can contribute - in the ‘ Circle of Influence ‘ and often not in the `Circle of Concern ‘.
I remember feeling so sorry for the Greek Government it destroyed the ordinary working people , I remember the elderly citizen’s suffered, even though I have never been to Greek, this interview explained what it was about, the banks have a lot to answer , thank you ,
EU wasn't design to make all the countries economy prosperous .EU was design to make just a few countries economy's prosperous.The Greece wasn't design to be a winner !
Not even a few countries, but the rich of any country. Ask German workers how decades of wage restraint feels when your country is supposedly doing so well and its rich are getting ever richer on it.
@@redpillwoman9785 If you control money and the ability to print money, borrow money etc. you can buy a media monopoly, you can buy politicians, you can use all sorts of hard and soft power.
No it was designed to make the top ones in the EU rich off other people rich, and making countries poor rather than rich. Flood us with immigrants to mess up our countries entirely.
I am Irish and Ireland is still recovering from the 2008 downturn we have a housing problem health system is not working , emergency tax still be taken out of everyone's wages the government couldn't run a small corner shop am I angry yes I am angry 😡
We were blackmailed into joining in the 1970s. They don't give. They take, take, take and dare you correct or complain. Retaliate should you think for yourself and try to escape. Hogtied to permanent debt so they can live free. We suffer as usual.
I never bought a book in my life but I'll make my first purchase for Yani's book. I feel good just liseting to how he explain his field so clearly. Wow!
@@blackrabbit212 Yes, it was a library book and when I saw the error of my ways I took it back and quietly placed it on the shelf. It was free to join the library but stealing the book was more of a challenge.
his articulation and use of idioms and english vocab and grammar is beyond fluent. im a university educated english native and i would learn english from him without hesitation
A brilliant economist... A very intelligent man ... A good man with the full meaning of this word ... Varoufakis was the only good politician Modern Greece ever had ... the only one really cared for Greece ... but was betrayed by Tsipras ... One day Tsipras will pay for all he did ...
Lefteris IQ And Yanis left and went straight back to his cushy teaching job in England with his tenure , free medical , great benefits and a really good pension plan. meanwhile, back in Greece ......
Tsipras will be made an unelected EU Commissioner, rollcalled into the Political Ponerologues Hall of Fame, get a Nobel Piss Prize and a Gold Backed EU Pension. He will be paid a King's Ransom every time he speaks through his derriere sweet nothings to a bunch of like people. Payment for Sevices Rendered.
lemarx He ask the people with a referendum to stay EU or leave and bankrupt and the people choose to leave... yet he anyway do what he was ordered to do... to betray his people and sign over the country ... he should be executed for high treason... whatever would hapend after Greece leave euro was the desision of the people ...
@@Zen-rw2fz Good. Being ignorant and clueless isn't too productive anyways. Just imagine if sweden wasn't heavily capitalist. They couldn't keep up their social welfare system.
"I have found it easier to identify with the characters who verge upon hysteria, who were frightened of life, who were desperate to reach out to another person. But these seemingly fragile people are the strong people really." Tennessee Williams.
Yanis oozes intelligence, education, common sense, and openness, - something missing from all too many politicians. And as for the interviewer..... phwoarrrr.....
@@razvansfirlogea3134 Well you may be right Razvasn in more ways than one . Surely taking this interview on face value to what degree are the experiences and expressions true regardless of ideology ? I’m more concerned about that than matters of left right bifurcation . As a Leonard Cohen line in his song ‘Democracy ‘ goes ‘ I’m neither Left nor Right , I’m just staying home tonight , getting lost in that Hopeless little screen ‘.
No minutes? That is enough of a smoking gun to have them all sacked. How they continue to get away with these back-room deals amazes me. The press are falling down on the job or they are being bought off. The should be asking awkward questions.
the press is owned by the same , 2 people dared to stand up and Show the world about the EU , they now work somewhere in the basement storing files . I have a book written in the 80's" Nowadays knights" and the very blueprint of how it had to be created! its a empire ruled by a christian sect , the poor guy who wrote the book received dead threats and did get killed at the end . oh , go to the local library and lend the book and you automatically got signaled to the secret police
Full marks to both participants in the interview! Varoufakis' candour and spontaneity in revealing the truth about what happened is much appreciated. The world needs more men like him in public office!
I like how he relates real life events to Shakespeare and Greek tragedy, that's brilliant! I have been a lifelong lover of anything Shakespeare as well as the classic tragedies and have studied it well.... it speaks to universal themes perfectly....
That man has morals and guts. He calls it as it is. The EU has tried to tarnish the Greeks as lazy and work shy when the crisis was all of the EU’s doing. He could single handedly run a better economy than all the bureaucrats in Europe put together
The idea behind joining the EU was a covert way of having nations under one currency , one army, one flag etc , in short we were being drawn together to being enslaved. Ted Heath (UK) the then prime minister of the time new about this, the rest never read the small print before signing away our rights. I voted out of the corrupt system.
Surely there is some justification for uniting Europeans to create a force that could compete with bigger economies like the US and China. Perhaps it was done carelessly or stupidly but there seems to be some common sense to the idea.
@@RawandCookedVegan that's how it was sold to everybody 40yrs ago, it was the common market, no tariffs, less checks etc. That was a good idea but over the years the EU have been given more and more power over everything, including laws, who can do what, how much they can spend etc. And don't forget Nobody had a vote on making Junker and the others into there jobs, just look at how they talk to Italy, Poland, Hungary etc
He was trained in Britain and is fishing for work in the Britain Frankly the Greeks are glad to get rid of this narassistic psychopath You can have him,fits like a glove into irrelevant Brexitland
This highly intelligent individual is grossly under-rated by so many people. That is their problem, and I hope we can get this current trash-time sorted out very soon.
Agree on that, the plan was for Germany to pay for Europe as some sort of guilt trip for WWII, (ps look int who really started WWII, it was not the Germans) Anyhow, Germany works to subsidise everyone else. Except the Germans are slowly waking up, it is absurd that Germany has to pay for other nations. Germany's AfD wants Germany out of the EU and they are the fastest-growing political party in Germany, now a major force. Once Germany leaves the EU is dead. Apparently, Merkel has just agreed to pay the extra money needed to cover the Brexit shortfall, its in the British press but not in the German media, strange that.
@@dudedude869 That just may happen, many Germans now waking up to the ridiculous notion that somehow Germany must pay for Europe, the Germans have the most expensive electricity in Europe, paying for Brexit as no one else can pay for the UK contribution, paying billions to Turkey. Young Germans are now complaining they can barely afford to live.
Great book, should be mandatory reading for anyone who thinks the EU are acting in their interests in any way, shape or form. I differ politically from Yanis but he is a hell of a writer. also recommend his book "The the weak suffer what they must"
no...you need representative gvt...you need a 'Democratic Republic" like the early Americans...today America is a total mess because in 1913 the USA became a 'democracy' with the 17th amendment and the "Republic" that so many fought for was done away with.
jayravis there is a big difference with the United Kingdom and greed is we are by far the richest and the most powerful country within the E.U AFTER GERMANY AND POSSIBLY FRENCH????the E.U as bean trying to bankrupt the United Kingdom for over 40 years but we are still the 5th richest country in the world as we are led to believe????
that great sense caused Greece an additional 86 billion euros in debt at a time when Greece could have come out of the program, as well as prostituting the country to china, arabs and Germany and embarrassing Greece on the world stage. he and his party are anarchists and criminals and would have gone to prison forever in any other country. we greeks unfortunately learned the stupidity from the 80s until early 2000s from the left, that we can live like kings even without money to back it up, that taxes are optional and our problems are caused by others and we have no responsibility for them. now we are learning that if you play stupid games you get a stupid prize.
EXACTLY - Varoufakis is a true Greek not a traitor or liar, thief, clown like the like of the idiots that need to leave Greece without their monies - to take what they are currently wearing and leave Greece -
I have been always wondering about his role in cooking the books in Greece. Just cant stand him - I have a feeling he looks at the mirror when speaking
This joker (Yiannis with one n, he decided that he is unique from all other Yiannis) got the Harvard prize for worst negotiator of 2015 worldwide. I am Greek, there is a countrywide agreement that Varoufakis (having no clue of power dynamics) fucked us good. He cannot walk in Greece, but as a "celebrity" can make some good money from interviews, and speeches, while we still have bank capital controls because of his catastrophic strategy... There is nothing to talk about Varoufakis, there are the down to earth realists, and then you, having no political experience, and your over the clouds mind how reality does not fit your perfect perception that reality should have... It seems the reporter knows what she talks about. Varoufakis it is simple Europe could not loose from Greece, then Europe would loose from Italy, Spain etc. asking special favors also... This would destroy Europe.
And while I share the same view here, since power and money are close knit in our present time, the fact that Theresa May's husband is a banker, could be part of the Brexit acrobatic trapeze act, performed without a safety net.
"Canarie in the mine..." "The liberal establishment has lost the plot..." Where did the money really go? "A ten year old can tell you this will not end well..."
The story of the Emperor's New Clothes Supposedly intelligent people always end up being paralysed by Psychopaths who destroy. If we actually evolved we would learn to see through this. No Chance! Homo Sapiens should be renamed Homo Apathis. What a Shit Species we are!
This interview just goes to show the power of truth. This man is sharp as a razor. After 2 minutes of listening, I were convinced that he is the real deal.
Professor Varoufakis speaks in "clear talk", keeps things simple & says what he means.
He is no politician.
I like him.
Not sure you are correct. However, I do think, if he is a politician, he is an honest one that tells and reveals the truth. We need more people like him in the forefront of society.
He was a Greek politician, no?
He is exactly what any & all politicians should be..unlike the bunch of pretend puppets that we currently & very stupidly allow to run our country & trust with our lives
Because he wants people to understand. Very didactic.
this shill does exactly what politicians do, talks half truths and votes exactly the opposite than that what would benefit the people
The Man is a Gladiator ... he knows his stuff like no one else does ... Bravo !
yaNis is just another opportunist.
Don't be stupid, and don't be fooled and swayed by good orators.
I AGREE, HES ALRITE
@@JohnGeometresMaximos PROVE IT!
@@JohnGeometresMaximosare you one of many PAID DIS-INFORMATION TROLLS? (yes folks.Its also fact the leftists employ media & internet trolls to discredit all who shine a light on their many agendas) Also, these "trolls" always use multiple accounts/screen names to appear as tho they have more support when discrediting others.
He is a scholar of the highest order.
As an ordinary person, this man is someone I will always hold in esteem mainly because of two points: He shows no signs of self interest and more importantly he admits that he made mistakes. To me that's the real sign of a person who can be held in trust, a very dangerous thing in the modern world. There's not enough of people like him in power.
Listened to this man speak for the first time this morning . The ring of truth about the interview . Thanks and appreciation to all involved . As always more to do to respond appropriately .
But would you buy a second hand car from him?
Sorry he fooled you. ask the people he destroyed. Also, he makes some millions invited to speak about Marxism covered in Economical theories, and also he has never admitted any mistake to Greeks - he is in the Parliament and promotes his policy, he is here today and never did he admited ANY mistake, I am here everyday and watch all news, all newspapers, all tv news every day.
@@damnyourpasswords Well said!
@@damnyourpasswords Yep he is also very naive, and believes Marxism is the answer. I like his personality and charisma, but he is just wrong on the solutions for lots of our problems today.
Professor Yanis Varoufakis is a towering talent and one of my favourite people on the world stage. Lucid, intelligent, truthful, realistic how I wish more were like him.
Katrine Marçal carries out an excellent interview. She really did her homework and it shows. Excellent video.
You are correct when you say "the world stage". Actors, all of them.
..with really, really poor judgment and a lack of empathy.
I am sorry for you. Hope you find help, or get him as a minister. then you will escape this
"ECONOMICS is BANNED in EUROPE" There you have it, folks THE TRUTH ! - Thank God for YANIS VAROUFAKIS
Yannnis doesn't believe in God.
@@JohnGeometresMaximos and Yannis is bitter the EU wouldnt give in to Greek demands when they needed a bailout from EU (for Greece living beyond its mean).
Everything he says should be taken with a pinch of salt...he ha created a house of cards to explain the EU is villians and Greeks are heroes. Greeks are the villians if anything, architect of their own austerity.
@@borntodoit8744
- Committee for the Abolition of Illegitimate Debt -
'Banks are responsible for the crisis in Greece
: Debts claimed from Greece are odious'
by Eric Toussaint
[9 January 2017]
When they fall down, kick them EU policy.
On the contrary it's working exactly as they want it to.
Every European needs to listen to this man.
hi, not just european, canadians and americans , should listen to this man..
We in germoney are not in control of our politics and our politicans!
@@t.r.l.4377 None of us are. Never have been.
+ Beware the Private Sector running our elections.
Wow! A breath of fresh air, hard to believe he was really in government, he is so genuine.
Lobogris the country was lucky in a way he was in government at the time
Once they realized he had a brain, what happened? Of course they could not understand him because they are imbeciles.
Bubba Ole alas... he elevated himself as a “prophet after the happenings”.
He is an outdated leftish, only recently he was saying we have no right to stop the immigrants and wanted to open the borders for them to pass to Europe.
You mean a breath of a stale fart.
They went after him like harpies as soon as they realised he was a threat to their plan. Hit piece after hit piece of lies to vilify him until he quit.
His command of English is incredible. I don't mean just for a non-English native speaker, I mean for anyone. His ability with the language is far better than most well educated native English speakers.
Greeks are very good at European languages. They all come from Greek.
I think he may have spent some time living in the UK.
he spent a lot of time there and in Australia - actually half of his life. moved to uk in 1978. so nothing surprising at all. he is australian citizen too. surprising that his accent is so thick actually given all the time he spent there.
As we say in Ireland “ no ordinary eeejit “
Do you mean that most English are not really experts in economy?
Genius at work! Its wonderful to watch a clear thinking, intelligent AND good man explain how governments really "work"!
I have yet to meet a "lazy Greek", not only are they industrious despite the mess their government's got them into with the corrupt EU but amongst the friendliest and most welcoming people you can find.
true and a majority come to the Us and are business owners
And they do not like paying taxes , who does?. that,s why they got in trouble
They are lovely warm welcoming people . But there may be a corruption mentality. I knew a doctor in a hospital and he said all doctors took brown envelopes from patients in order to get priority treatment. My friend refused to do this but all the other doctors applied group think and regarded him as being odd not to also play that game.
@@brianbozo2447 That,s why they got into trouble with debt, they don,t like paying taxes and they are corrupt
Maybe so but they sure as hell don't pay their taxes.
Yanis Varoufakis is a lovely human being, I wish him well and hope he gets the luck he needs to succeed. Great show thanks!
He is great because he is Greek.
@@savgoulis2826 οτι να΄ναι.....
Apropos of nothing, I just wanted to say how impressed I am as an Englishman, that sheer quality of non native English speaking in this interview. Both speak to a native level, and the Swedish interviewer almost sounds English.
"I believe banking institutions are more dangerous to our liberties than standing armies" . - Thomas Jefferson.
"Give me control of a country's money supply, and I care not who makes their laws", Amschel Rothschild.
"Not only are the banks too big to fail, but they are also too big to prosecute", Eric Holder USA Attorney General addressing Congress April 2013.
I wish more people would gen up on Central Banking and the creation of money out of thin air by the private banks. Unfortunately, when one mentions it eyes just glaze over and go blank.
beaubarri - sorry, but nobody controls the country's money! I mean, nobody controls mine! Oh, and by the way, they got prosecuted left, right and centre- last time I checked! They got hit by massive fines, got sued, and a few bankers even got jailed!
Strangely enough, no politicians went to jail/got sued/ got fined etc. They were the ones who interfered with the banks; bullying them into making loans they would never have made in the past! All to get more votes, and stay in power!
If you know a really good hacker, a really good and discreet one, evaluate your country's cash-flow. You'll be blown off by what you unearth. Just saying...
THE BANK INSTITUTION HAS BEEN INFILTRATED , BY THE JESUITS AND OF COURSE THE FREEMASONS , WHO THE JESUITS CONTROL
honestly i think guys like varufakis are sociopaths.....what shouldve eu done? not bail out every single bank and let them fail and then what we would all just figure it out next day when you have to buy food ect5.....these lunatics want to see the world burn just so they can have their imaginary utopia.
and yea, he is a leftist, he bitches about austerity, when the reason the crisis happend is exactly because of banks giving money to people they shouldnt have, and this lunatic s proposing even more of the thing that led to it to begin with
also yea, interesting how all greeks are the good guys and eu are the bad guys because austerity
This Gent is a truth speaker, a rare commodity in politics.
That is because h is not a politician, he is a thinker, and an honest man. politician need to lie to get elected and then lie to get re elected again.
he would rather be hanged than admit he is not right. he is a narcissit more than everything else. i understand why you believe him. i have voted for him . but as far as we hate the establishment, let truth be truth
@GreekForTruth1 Meaning...Greece, Italy, Portugal accepted the € in spite of NOT meeting the criteria....just to satisfy a WHIM and a crazy unthought of dream...too early....and what kind of "wanker" are you?
How can he be Islam loving and a soros puppet at the same time?
@GreekForTruth1 He makes more sense that you!
Yanis, that was an eye opener, the democratic world needs more people like you.
Can't wait to read your book.
Yes I just stumbled upon this video now. I am very impressed. I Should go buy the book.
Very interesting. He is a brilliant thinker and makes alot of sense. I think the EU is destroying Europe
The EU are the modern USSR made created to destroy the peoples cultures , identities etc. Remember how they killed off millions of the population then? Now they are doing it in subtle ways by bringing in immigration etc so its not as noticeable of genocide versus the other time. Kalergi plan look it up!
@@rattrapsupervisor4886 Whoa! Mind blown... nicely and concisely stated. Couldn't have said it better. Kudos...
Soros’ purpose is to destroy the nation state and their cultures.
The people who run the EU are the same people who financed two world wars. The Zionist Bankers! The destruction of white Christian Europe has always been their aim. Search the Coudenhove Kalergi Group
👍👍👍
“In a time of deceit telling the truth is a revolutionary act.” ― George Orwell
True sir
It didn't do the lady journalist who outed the Panama papers
She told the truth and was blown t bits
My pal has 2 relatives in Swedish intelligence they said malmo is more or less a no go zone and the country is struggling to cope with immigrant gangs bringing in guns and grenades that are used every week in crime and terror acts
Nothing on so news channels
Can't you think of anything to say yourself.
Deceit is the normal state of affairs.
We can see that this is true now; but I’d really like to know how the hell he came to realize it.
What an absolute credit to his role as an elected politician and representative of the Greek people. I take my hat of to him for his honesty, integrity and most of all, bravery as a human being. It's a shame most other people in his position have become as corrupt as the establishment in which they serve. May god bless the Greek people, now and in the future.
Varoufakis is a unique voice, exceptionally clear, brilliant and with what feels like a very kind , concerned heart. The interviewer here is also really good.
He's a clown.
@@JohnGeometresMaximos you are a clown
A very smart and eloquent man. The Greek bailout was not a bailout of the Greeks but a way to prop up failed banks in Germany and France. Paid for by all the taxpayers in Europe... Banks should be able to fail and go bankrupt. The Greeks have been shafted that much is certain.
No, if the banks had failed, all of Europe would have been in the Greek situation. The banks should have been bailed out directly by the ECB, and maybe nationalized (or rather, federalized). But the Germans couldn't have that.
Interestingly, the Rothschilds are hiding behind all this subterfuge. They're at the center certain of the problems in the western world. Puppetmasters. They make Soros look like a kindergartner.
I think in 2009 all governments of EU takes loans to support the banks. That was the case for Romania, which loans 30 bln Euro from IMF and World Bank to bailout the banks which operate in the country. Maybe Poland was an exception.
Not true, rubbish infact.
🤔 Under the guise of unity and before, during & after the mask of Olympics! 😝
That this guy could go anywhere in the world and make lots of money but chooses to do the right thing and bring these issues to light is inspiring.
This is one smart and ethical dude, virtually a lone voice in the wilderness.
You are calling a far-left extermist 'smart and ethical'? Are you well in the head, fren?
He's a Soros employee, telling you want you want to hear.
Socialism leads to economic disaster and to impoverishment. Varoufakis is a socialist. He is neither smart nor ethical.
@@johnmaxwell1750 and you believe in capitalism ? (an even bigger failing ideology).
Socialism is better than capitalism.
@@borntodoit8744 -Yes, you Dolt, I believe in capitalism because it works. In a free market each person is able to bargain with different people to determine the pecuniary value of his/her own labor, rather than to be forcibly remunerated according to a decision made by some government official per socialism. A free market system is just and proper because it enables each person to achieve the highest possible pecuniary return for his/her labor by bargaining with multiple people and by freely entering into contracts that will most advantageously remunerate remunerate him/her. This willing seller-willing buyer situation also benefits society because it incentivizes people to develop and provide new and improved products and services for the public. Products and services developed competitively through free enterprise are on the whole far superior to the products and services that are available in a government-controlled socialist economies. Whenever and wherever true socialist economies have been instituted, they have ALWAYS failed to compete with free market systems. Furthermore, socialism can not survive unless it is forcibly imposed by government on citizens. True socialism benifits only the elite ruling class and always deprives other citizens of basic rights.
I am so glad I discovered this video. I am one of many who believed the propaganda that the Greeks were simply "Lazy" and that is why they were bankrupted. Then I heard Nigel Farage at EU parliament mention the plight of Greece and his accusation of EU ruining that nation. So I got interested. Now Yanis explaining and enlightening us. I owe my Geek friends an apology.
Greek are still suffering from this sabotage. I have witnessed many discussions where one would toss just a word or a sentence of lazy innuendo or accusation of laziness against Greeks and the Greek yet again having to spend more of his time to bring up all the facts in order to explain the 'simple' truth.
Ok i am going there. I hope that the last sentence you wrote was not a "Freudian" mistake.
Lol, just joking, it was obviously a honest mistake.
@@gazepskotzs4 Of course! It was. 😊
The EU is mirroring Germany before 1914.
Ireland would be in the same state if the UK didn't bail them out, brexit showed how grateful they were.
This man is worth his weight in gold. A true patriot as well. This is how politicians should be. Thanks for sharing
This should be seen by all Europeans!
America(the roman empire to our greece) should too.
This Man speaks the truth, Jean Claude Juncker and his cronies has caused to much Hardship to Europeans,
Of course he speaks the truth. He has the recordings of the meetings. Sheer dynamite.
Pitt Burgh They are problem , but just part of the big picture.
JUNCKER - "What's in a name?"
Jean Closed Wonker, very telling.
One of the very few politicians of these days with a sense of duty. Very eloquently spoken and a very wise man.
He comes across to me as one very intelligent man, based on his knowledge of English alone and his skillful delivery of his thoughts.
He's Greek.
Paul Kelly lmaooo
One of the Smartest men alive. Just not politically plugged in to the elite global community. That's a good thing!!
He needs to plug into something ,somewhere ,for someone's good soon !!! Otherwise what good is he to anyone ????!?! Why did he not run for any Eu position !!? The Europe for starters would be charting a different course , by now and steering the rest of the world towards an acceptable direction !!!!! Every corner turned on earth was on the shoulders of the momentum of a mere mortals belief in his strength , Yannis can be a true Spartan, Aristotle .....a herculean Greek God !! Let him take a shield n Trident , n step to the lions den ... The world in turn will shut their mouthes n make sure he is never harmed !!! We are the generation that owe ourselves this revolution within our lifetime !!!! Wake up worldwide !! Revolt everywhere !!!!!?
This bloke's IQ, communication, general grasp of the actual and ability to talk sensibly with feeling without rancour or emotion is mind-blowing. He just trots out a metaphor about Macbeth as if he was discussing the weather.
INDEED!!
Economists are very smart! I recommend listening to "Basic economics" on youtube and you may understand why.
Truly brilliant. Yet we still have idiots in charge and not guys like this.
Knowing macbeth etc doesn't imply your IQ is especially high, it means you're a studied person, an intellectual and that you don't possess low IQ at least.
@@Aeonized Being an intellectual is more important than having a high IQ. Having a high IQ facilitates education, but the ultimate goal is being an intellectual. It's common sense a very well read 90 IQ person is better than a lazy, potentially burnt out 150 IQ one who read 10 books in his life.
Amazing. Varoufakis is hypnotic in his explanations and breakdowns so that even someone who has no understanding of economics can grasp. Thats the first time I have watched a youtube video all the way to the end since 2005.
I don't know about that..to really understand him you surely need more than a basic grasp of economics?
Varoufakis is not wise or insightful. He is a committed socialist. Socialism simply doesn't work as an economic system. Past socialist governments have gotten Greece into trouble. His advice would lead Greece into much deeper trouble.
@@johnmaxwell1750in this situation it's the banks and financial institutions that are socialists - they're dependant on other people's money and get rewarded for failure.
You're right in that it doesn't work as an economic system
@@robertely686 - No, a centrally planned economy with government ownership of all property doesn't have multiple banks and private investment institutions. That is socialism. Don't blame Greek or German banks for the Greek economic disaster. Blame leftist socialists like Varoufakis who for years advocated spending far more than was justified by collected revenues. Varoufakis was a finance minister and made the situation worse.
He is trained, this is the MARXIST power, hypnotism by fast wording low voice and and condensation, for a long period of time.
Great interview. It’s so refreshing to see a politician talk straight. Thanks for posting this video.
"Give a man a gun and he can rob a bank...give a man a bank and he can rob the world"
Wow! What a statement, (banks and world). Soo true. Thank you.
LMFAO!!!!!!!!!!!!!!!!!!😁😁😁😁😁
You do not have to wonder why the country that controls the World Bank, IMF, and the SWIFT does not want reform of these organisations.
@Wasssup Dawwwg and he never paid his gas bill
Who are the bankers?
Brilliant honest interview Yanis, more of this please.
When the economy fails one only needs to notice who has gotten richer to find the cause of the failure.
Good Point
U MITE BE RITE
Soros gets billions influencing politics to affect economies and by shorting the stock market on the influenced economy he gets his billions- then soros uses that money to affect politics in another counties economy.
The very best explanation of the Greek crisis I have ever heard!
👏👏👏
They should of absolutely done his plan for recovery. It was by far the best choice. Greece has suffered so much since the crisis and now the pandemic.
Not only smart as hell but a great speaker easily seeing around the corner with tricky or thorn covered questions. Rare, genuine, and uncommon selflessness.
I`ve always liked this bloke, very smart indeed. His command of English and his vocabulary is better than many that are English born. He would make a great James Bond villain!
LOL ... great suggestion. Shall we dub him 'Bad Finger'? Deep Voice? Chrome Dome?
Whatever. He is the real deal.
now that is a damn good idea...and the money could be used to help Greece.....
Or even be James Bond
He is too much of a hero to be a villain.
True words
What an exceptional and noble man with the brilliant mind!!! Thank you!
Great interview, thank you for this share. Greeks are not "lazy," neither the Italians, Spain or French, average european are genuinely industrious, truly hard working people, very sharp, and honest to their core.
shakti veda.......I would ask a question .Why Greece, Spain ,Portugal , had a very good economic situation before entering the EU .??Why?Because they were sovereign countries . and they took the best decisions for their own countries.
@@xeniastefanescu507 Xenia, yours is a good question, I like it, and, please don't get me wrong, but I don't have all the time in the world to adequately answer to it and I may not even be prepared enough to answer, but I can give you a great advice that will not only answer this question, but it will also bring a lot of light to the entire situation, indeed...I hope you don't mind me if I send you a link: th-cam.com/video/57UBuxnicOA/w-d-xo.html
You probably already know Mark Passio, but if you don't, then you will when you check this video I sent you in the link above.
To be honest, I moved away from politics long time ago, it's all theater at the people's expenses, no matter what race, what color the skin, the eyes, or the hair...
As a greek, the amount of racism I have encountered from Germans is insane. I clearly remember many cases of introducing myself as a greek to german people and the insults about being poor and lazy and not paying taxes started immediately. And no, they were not meant as jokes, these were people I'd just met and the first thing they though of saying to me after I mentioned my name and ethnicity was insults and racism. It was completely insane. I know not everyone is like that in Germany, as i have german friends who are cool, but the anti-greek propaganda in german politics and media between 2008 and now, has done a lot of damage and has caused hate and racism in germany.
@@konstantinapapaioannou4306 Completely get your message here, I myself have experienced the same not only by others, but even by my own's in my own country and outside of it. I won't even bother to mention my nationality since I realized that I was the one who was generating my own problem...how? you might ask...simple, by defining myself as belonging to a nationality, it doesn't matter what nationality we pick or choose, (I used to be very proud of my roots and still am), however, by defining myself as belonging to a nationality group I fell into the trap of self-confinement, while on the other hand, I usually like to keep myself "outside of the box" any "box" no matter how big that box might be, it still a box. Anything we identify ourselves into is meant to show us where we make ourselves small and where we accept confinements and loose our true freedom. We need to overcome all definitions and confinements to discover our true selves, nature, and why not even the talents that come from overcoming these conditionings and false constructs.
Blessings to all 💓
Same as the Brits. Do not let them divide and conquer!
What a guy. God bless him and the Greek people. (You don't need game theory when you know Sophoclean and Shakespearean Tragedy). BRILLIANT!
VERY few people who speak the truth in today's world 💯👏👏 Yanis your are ONE of the few!!!👍🌍
Maybe now its time to do it, speak the truth.
Finally
Extraordinary command of the English language and one of the most eloquent and articulate speakers in the world.
it is always nice to hear someone confirm what I could see with my own dutch eyes.
yes it was a bank bailout and not a rescue plan for the Greeks.
Intelligent, passionate, charismatic, much respect for Yanis.
Yannnis please. THREE 'n'.
It has been a long time , since I had the pleasure of listening to a " what I would call " realistic view point . If our so called leaders , spoke and thought like Yanis , I would be tempted to vote again .
Salute to everybody who understands...Honestly, I'm like: yeah, that is wrong... but what does it really means? How do you get to that conclusion? Ultimately, What are we talking about?... for a Greek man to be quoting Shakespeare twice in 15min with so much culture his country has to offer... I'm blown away, so young, so sharp, so precise and secure. But I don't understand what he is talking about...this is a subject worth at least 120 hours... I don't understand... Yes, I'm just 15 min in but this is an interview... Europe is bulling Greece yes, how...bla bla... but why? ... why it all has to work that way? What is the end game? 2 beers in Samana for who ever helps me understand.
Maybe you should buy and read the book they are discussing?
The end game my friend is one world goverment.WE GIVE YOU THE PROBLEM,THEN WE GIVE YOU OUR SOLUTION.
@@Trapatatra It seems to be that power and greed are the primary motivating forces and consequently the good of the public is left by the wayside.
Professor Yanis is a patriot of the first magnitude.
Make NO mistake about that.
Just look at what is going on in Europe as we speak.....2 years after this interview!!
He is the same person in Greece he was saying and wanted to open the borders to let immigrants pass to advanced European countries.
Make no mistake, he is an outdated leftish.
Crazy Ep your effort to insult to a Greek is more annoying.
All I see through is no argument , just that an insult.
No logic lover would be proud of you
I guess been you is simple enough to know what happens without knowledge of actual facts or in simple delusions
"Professor Yanis is a patriot of the first magnitude. "
What the hell is first magnitude? Haha, is that like a close encounter of the 1st kind?
I remember this guy being slated by MSM and I knew then he was no fool. Very calculating guy. The greeks are lucky to have a straight forward guy like this
We are unlucky to have all the rest of them though. He is outnumbered unfortunately by all the other dishonest politicians. The vast majority of greeks do not like him unfortunately and consider him responsible for what happened.
This man talks common sense & he is spot on!
Some people who talk common sense are extremely dangerous...I don't want to resort to Godwin's law, so I'll leave it at that.
The only thing that is worth anything in truth no matter how dangerous it is or gets!
Truth is what could free the world of the corrupt!
Yes 🙌 keep bringing it people 💪❤️
this bloke talks so much sense,i have much respect for him
You need to lurk more...
A very astute and clever man -- and an honest one .
Yanis you are telling the truth and its a shame your prime minister bottled it
Our prime minister is a national and international disgrace. She is NOT a true Brit. What she is is a greedy, treacherous, treasonous bitch who deserves, along with many of our politicians, to be hung for their crimes against democracy and therefore the people. But trust me when I say this, it's a battle history has taught that they will, they must lose. We will not lie down and just take it. People are more furious than I have ever known in my 50 years.
@@cw1967 I wouldn't go as far as hanging them, but they should all be jailed rather than enjoy hefty pensions at the taxpayers' expense
and here I thought David cameron bottled it
@@Phaseband ,then you can pay for them to be " looked after "in prison.
hang traitors and the people behind them....
they were once hung for good reason,.. now they are ruling over you.
@@Phaseband put them burning alive online on strem
I am so happy that I stumbled into this.
Me toooooooo!!! (not #metoo)
Ruck Bogers and me too.
I have always believed that Greece made a huge error in not leaving the EU when they found it impossible to make loan payments. Greece should have walked away from both the EU and the dept, reissued the Greek currency obviously at a deflated rate. They could have built a huge tourist industry overnight !
He did not want to leave the EU, he just wanted to have a democratically ruled EU.
You don't build a country on the basis of a tourist industry, much to the contrary.
Defence Man you don’t build a country with weak currencies in the present day. There are no magic solutions.
The only thing you succeed when you are tied up at euro loans and change to a weak currency is to devalue all Greek property by the same rate outright. Been bought for pennies.
With weak currency you can’t buy technology and advance, you try to become what then? Indian or Chinese?
How would a tourist industry work if Greece leave? Isn’t travel also dictated by the E.U.
Defence Man definitely.
Varoufakis is the person who has best articulated what has really been going on during the Euro crisis. Politicians throughout Europe have simply been totally dishonest with their electorates because they know that prioritising the interests of the self destructing financial elite over everyone else would be a non starter if voters knew what was happening.
The problem is voters don't understand HOW they are being screwed. They prefer a simple narrative that doesn't require any deep thinking on their part. The reactionary agenda is so much easier to swallow. Just pretend entire economies can be compared to individual households.
yaNis has unrealistic economic aspirations and utter shit social ones.
Indeed; same as everywhere else..
Bringing real insight into euro financial setup....and Greek financial tragedy..
@@marshallbs And that is why the voters are getting exactly what they deserve.
One of the few honest and really intelligent men
Very smart, eloquent guy and sounds like he has a lot of integrity too.
A VERY KNOWLEDGABLE FELLOW,kudos to him
Now I know more than I did. Puts the Beeb to shame? And our government......it stinks, stinks, stinks.
I enjoyed every minute in this interview. Professor Varoufakis apeears as someone you can trust as he explains how politics (beaurocracy) works in EU. For me as European citizen, both crisis 2008 and COVID (especially 2008, due to better PR from Europe at handling that second crisis), were an absolute dissapointment and a blow right in the middle of my proud European citizenship. Great interview. In Spain, the main media lack of such prrepared and honest journalists.
"This program can't work, but we've invested too much political capital to stop now" - Christine Lagarde
That about sums it up...and the vast majority of utterly stupid political decisions.
fuck politic leave the trainwreck
Yeah, that line alone explains a hell of a lot of politics that we see on the news. If we are ignorant of the machinisations and psychology of power then very little of it makes sense.
Nixon was based.
He only said one thing that I really didn't like in the Frost interview.
@@carpediem5882 not all of them dear Carpe [ is that your real name ? ] The political is only one area of human activity . We are each responsible for the world we inhabit to some degree . That’s where we can contribute - in the ‘ Circle of Influence ‘ and often not in the `Circle of Concern ‘.
A very insightful and intelligent explanation of the shenanigans behind the Euro crisis. Excellent prose.
I remember feeling so sorry for the Greek Government it destroyed the ordinary working people , I remember the elderly citizen’s suffered, even though I have never been to Greek, this interview explained what it was about, the banks have a lot to answer , thank you ,
A profoundly brilliant, ethical economist.
EU wasn't design to make all the countries economy prosperous .EU was design to make just a few countries economy's prosperous.The Greece wasn't design to be a winner !
Not even a few countries, but the rich of any country. Ask German workers how decades of wage restraint feels when your country is supposedly doing so well and its rich are getting ever richer on it.
@@warpsneed9338 How do you think banks play a role in it?
@@redpillwoman9785 If you control money and the ability to print money, borrow money etc. you can buy a media monopoly, you can buy politicians, you can use all sorts of hard and soft power.
No it was designed to make the top ones in the EU rich off other people rich, and making countries poor rather than rich. Flood us with immigrants to mess up our countries entirely.
I meant peoples backs not peoples rich.
I am Irish and Ireland is still recovering from the 2008 downturn we have a housing problem health system is not working , emergency tax still be taken out of everyone's wages the government couldn't run a small corner shop am I angry yes I am angry 😡
"IS STILL RECOVERING" at least you do, thank god
Balbriggan has turned into Blackbriggan
In fairness the EU didn't help either, 42% of EU banking debt
We were blackmailed into joining in the 1970s. They don't give. They take, take, take and dare you correct or complain. Retaliate should you think for yourself and try to escape. Hogtied to permanent debt so they can live free. We suffer as usual.
@@sheilasullivan1950 . And forced into joining the Euro too 😡🤮
The World needs more Men like this Man 👍🏻
I never bought a book in my life but I'll make my first purchase for Yani's book. I feel good just liseting to how he explain his field so clearly. Wow!
Why if someone is charismatic or say some truth is treated as a god, will you kiss his ass too? 🧐😏
I would be ashamed to admit I had never bought a book.
@@blackrabbit212 does stealing a book count?
@@blackrabbit212
Yes, it was a library book and when I saw the error of my ways I took it back and quietly placed it on the shelf. It was free to join the library but stealing the book was more of a challenge.
@@dampwally611 You read it! That's the important thing. As important as returning the book so other people could ste..., sorry, read it.
his articulation and use of idioms and english vocab and grammar is beyond fluent. im a university educated english native and i would learn english from him without hesitation
A brilliant economist... A very intelligent man ... A good man with the full meaning of this word ... Varoufakis was the only good politician Modern Greece ever had ... the only one really cared for Greece ... but was betrayed by Tsipras ... One day Tsipras will pay for all he did ...
Lefteris IQ The one that jumped on his bike and buggered off to England when things went tits up for Greece.
Lefteris IQ And Yanis left and went straight back to his cushy teaching job in England with his tenure , free medical , great benefits and a really good pension plan. meanwhile, back in Greece ......
Tsipras will be made an unelected EU Commissioner, rollcalled into the Political Ponerologues Hall of Fame, get a Nobel Piss Prize and a Gold Backed EU Pension. He will be paid a King's Ransom every time he speaks through his derriere sweet nothings to a bunch of like people. Payment for Sevices Rendered.
Lefteris IQ
What should tsipras have done? He had to get money to keep greece afloat otherwise everything would have collapsed.
lemarx He ask the people with a referendum to stay EU or leave and bankrupt and the people choose to leave... yet he anyway do what he was ordered to do... to betray his people and sign over the country ... he should be executed for high treason... whatever would hapend after Greece leave euro was the desision of the people ...
the man interviewed here sounds like a brave and a logical man
It took me 60 seconds to respect this guy and admire him. I need to read this book.
I am 60 years old, when I was 16 my farther told me that all this was going to be happening i didn't understand then I do now !
where was your father coming from how did he understand so far ahead
the System itself is designed to benefits those whom want to keep their Power & Position !
That is what U call democracy!
@@NamisJC It's called capitalism, there's nothing democeatic about it
@@Zen-rw2fz Most democratic form of economy. Don't be a fool, educated yourself.
@@Adrian-pp6qy ok sir, I will educated myself
@@Zen-rw2fz Good. Being ignorant and clueless isn't too productive anyways. Just imagine if sweden wasn't heavily capitalist. They couldn't keep up their social welfare system.
"I have found it easier to identify with the characters who verge upon hysteria, who were frightened of life, who were desperate to reach out to another person. But these seemingly fragile people are the strong people really."
Tennessee Williams.
Yanis oozes intelligence, education, common sense, and openness, - something missing from all too many politicians. And as for the interviewer..... phwoarrrr.....
What is "phwoarrrr?"
He's a far-left extremist and a duginist.
@@counterstriving A rude gesture made by English men to express sexual attraction.
@@razvansfirlogea3134 Well you may be right Razvasn in more ways than one . Surely taking this interview on face value to what degree are the experiences and expressions true regardless of ideology ? I’m more concerned about that than matters of left right bifurcation . As a Leonard Cohen line in his song ‘Democracy ‘ goes ‘ I’m neither Left nor Right , I’m just staying home tonight , getting lost in that Hopeless little screen ‘.
A brilliant exposé!
So glad I found this channel. This is quality, quality economic interviews
This is a true courageous man! GOD bless you with his warrior Angels.
No minutes? That is enough of a smoking gun to have them all sacked. How they continue to get away with these back-room deals amazes me. The press are falling down on the job or they are being bought off. The should be asking awkward questions.
Ppl want to keep their jobs
Well! You can see how the press have supported a despotic system in the current crisis.
the press is owned by the same , 2 people dared to stand up and Show the world about the EU , they now work somewhere in the basement storing files . I have a book written in the 80's" Nowadays knights" and the very blueprint of how it had to be created! its a empire ruled by a christian sect , the poor guy who wrote the book received dead threats and did get killed at the end . oh , go to the local library and lend the book and you automatically got signaled to the secret police
For exposing the scheme, insider does risk having a shortened life.
Who do you think made this video if not the press? Not all countries have unreliable news.
Full marks to both participants in the interview! Varoufakis' candour and spontaneity in revealing the truth about what happened is much appreciated. The world needs more men like him in public office!
I like how he relates real life events to Shakespeare and Greek tragedy, that's brilliant! I have been a lifelong lover of anything Shakespeare as well as the classic tragedies and have studied it well.... it speaks to universal themes perfectly....
She's a fantastic interviewer. Knows her stuff and knows how to ask the right questions.
That man has morals and guts. He calls it as it is. The EU has tried to tarnish the Greeks as lazy and work shy when the crisis was all of the EU’s doing. He could single handedly run a better economy than all the bureaucrats in Europe put together
And why hasn't this been seen by 2 million viewers. This is real history being made.
The idea behind joining the EU was a covert way of having nations under one currency , one army, one flag etc , in short we were being drawn together to being enslaved. Ted Heath (UK) the then prime minister of the time new about this, the rest never read the small print before signing away our rights. I voted out of the corrupt system.
Oh he knew all right, he hid documents from us saying as much, it was probably to pay for his yacht
Surely there is some justification for uniting Europeans to create a force that could compete with bigger economies like the US and China. Perhaps it was done carelessly or stupidly but there seems to be some common sense to the idea.
@@RawandCookedVegan that's how it was sold to everybody 40yrs ago, it was the common market, no tariffs, less checks etc. That was a good idea but over the years the EU have been given more and more power over everything, including laws, who can do what, how much they can spend etc. And don't forget Nobody had a vote on making Junker and the others into there jobs, just look at how they talk to Italy, Poland, Hungary etc
Peter Nicholls TRUTH. TOWARDS THE N.W.O. under. Fake FED. RESERVE/IMFuc- capitalist devils
Sounds like tower of babel. That didn't work out too well either, did it ?
I love this man he is so honest and he
Tells it like it is if only we had more polititions in this country like him
It´s nice to see a European politician quoting Shakespeare!
He was trained in Britain and is fishing for work in the Britain Frankly the Greeks are glad to get rid of this narassistic psychopath You can have him,fits like a glove into irrelevant Brexitland
This highly intelligent individual is grossly under-rated by so many people. That is their problem, and I hope we can get this current trash-time sorted out very soon.
I was living in Germany when the Euro came in, and we were skint overnight.
Skint? I'm not familiar with that term. US here... Sorry.
Skint means broke. I remember things that were 1 deutsche mark and became 1 Euro which was actually 2 deutsche marks. So prices went up.
Agree on that, the plan was for Germany to pay for Europe as some sort of guilt trip for WWII, (ps look int who really started WWII, it was not the Germans) Anyhow, Germany works to subsidise everyone else. Except the Germans are slowly waking up, it is absurd that Germany has to pay for other nations. Germany's AfD wants Germany out of the EU and they are the fastest-growing political party in Germany, now a major force. Once Germany leaves the EU is dead. Apparently, Merkel has just agreed to pay the extra money needed to cover the Brexit shortfall, its in the British press but not in the German media, strange that.
so sad its true bring back the deutche mark germany leave the EU.......
@@dudedude869 That just may happen, many Germans now waking up to the ridiculous notion that somehow Germany must pay for Europe, the Germans have the most expensive electricity in Europe, paying for Brexit as no one else can pay for the UK contribution, paying billions to Turkey. Young Germans are now complaining they can barely afford to live.
Great book, should be mandatory reading for anyone who thinks the EU are acting in their interests in any way, shape or form. I differ politically from Yanis but he is a hell of a writer. also recommend his book "The the weak suffer what they must"
Can you believe "no minutes in a meeting" .no wonder we need more democracy in Europe.
Sadly, we can all believe this. And yes, we need this change
no...you need representative gvt...you need a 'Democratic Republic" like the early Americans...today America is a total mess because in 1913 the USA became a 'democracy' with the 17th amendment and the "Republic" that so many fought for was done away with.
more regulated democracy yea....eu boasts of being all open to the public but when it's about the important decisions the doors are closed
If you have minutes, there you don't have straight talk. Then straight talk happens in corridors.
jayravis there is a big difference with the United Kingdom and greed is we are by far the richest and the most powerful country within the E.U AFTER GERMANY AND POSSIBLY FRENCH????the E.U as bean trying to bankrupt the United Kingdom for over 40 years but we are still the 5th richest country in the world as we are led to believe????
Reassuring that there are still some intelligent, powerful and honest people
I love this dude, smart as a whip and an honest man. Very wise.
He's neither wise nor honest.
He wants to destroy Greece.
This guy always speak great sense...
that great sense caused Greece an additional 86 billion euros in debt at a time when Greece could have come out of the program, as well as prostituting the country to china, arabs and Germany and embarrassing Greece on the world stage. he and his party are anarchists and criminals and would have gone to prison forever in any other country. we greeks unfortunately learned the stupidity from the 80s until early 2000s from the left, that we can live like kings even without money to back it up, that taxes are optional and our problems are caused by others and we have no responsibility for them. now we are learning that if you play stupid games you get a stupid prize.
atellada, Tsipras , the PM, caused the continuation of the Greek dept, not Varoufakis. Stop believing the Greek media.
EXACTLY - Varoufakis is a true Greek not a traitor or liar, thief, clown like the like of the idiots that need to leave Greece without their monies - to take what they are currently wearing and leave Greece -
I have been always wondering about his role in cooking the books in Greece. Just cant stand him - I have a feeling he looks at the mirror when speaking
This joker (Yiannis with one n, he decided that he is unique from all other Yiannis) got the Harvard prize for worst negotiator of 2015 worldwide. I am Greek, there is a countrywide agreement that Varoufakis (having no clue of power dynamics) fucked us good. He cannot walk in Greece, but as a "celebrity" can make some good money from interviews, and speeches, while we still have bank capital controls because of his catastrophic strategy... There is nothing to talk about Varoufakis, there are the down to earth realists, and then you, having no political experience, and your over the clouds mind how reality does not fit your perfect perception that reality should have... It seems the reporter knows what she talks about. Varoufakis it is simple Europe could not loose from Greece, then Europe would loose from Italy, Spain etc. asking special favors also... This would destroy Europe.
Exactly the same problem in the UK. Traitors in parliament, doing deals with the EU.
An excellent point about Theresa May keeping her cards to her chest and not communicating with her people. No wonder they call her Maybot.
Except she can't very well tell and keep the EU in the dark at the same time. She's useless, but at least that bit she has right.
May is a stupid child out of its depth... and that's just in her own party!
And while I share the same view here, since power and money are close knit in our present time, the fact that Theresa May's husband is a banker, could be part of the Brexit acrobatic trapeze act, performed without a safety net.
"Canarie in the mine..."
"The liberal establishment has lost the plot..."
Where did the money really go?
"A ten year old can tell you this will not end well..."
The story of the Emperor's New Clothes Supposedly intelligent people always end up being paralysed by Psychopaths who destroy. If we actually evolved we would learn to see through this. No Chance! Homo Sapiens should be renamed Homo Apathis. What a Shit Species we are!
where did the money go?
Drop your toothpaste and see for yourself
Where does it come from?
@@leo333333able Germany would be the first destination
This interview just goes to show the power of truth. This man is sharp as a razor. After 2 minutes of listening, I were convinced that he is the real deal.
And he never want to talk about 2 things ;) Why did Greece had problems whit taxes and why did Greece went broke for 12 time in history ;)
@@vonlobo Corruption I guess. Do you know why?
The book is excellent reading and highly recommended.
Davidos conti is it rich in histroy or sociology?