• BullionStar
    05/30/2016 - 21:24
    The US Gold Market is best known as the home of gold futures trading on the COMEX in New York. The COMEX has a literal monopoly on gold futures trading volumes worldwide, but very little physical...

Greece's New FinMin Warns "We Are Going To Destroy The Greek Oligarchy System"

Tyler Durden's picture


Over two years ago, we first highlighted Yanis Varoufakis' perspectives on the destruction of Greece and Europe's bogus growth pacts. Since then he has grown in both reason and popularity as his no-nonsense discussons of the mis-design of the euro (and potential solutions) have made him the front-runner to be Syriza's new finance minister. Never one to  mince words or play politics, Varoufakis tells Channel 4's Paul Mason in this brief (but chilling for Brussels) interview, what his party would do if it gets into government in Greece, and admits the prospect of power in Europe is "scary". As he sums up, "we are going to destroy the Greek oligarchy system," and with it, we suspect, much of the narrative that holds the fragile European Union together...



As Varoufakis previously explained,

The Troika is trying to suffocate us and to put pressure on the democratic choice by telling us: either you follow our requirements, or you will be cast into hell.


They actually have their own threats as exogenous circumstances of the situation, as they are simply part. They are trying to terrorize the Greek voters.

Doesn't seem like much middle-ground there.

But if no agreement is possible, or found?

So I say this clearly: “Death is preferable. “The real deficit in Greece, it is a dignity deficit. It is because of this lack of dignity that we have accepted stupid measures and this has fueled a vicious cycle of indignity which itself maintains discontent, fear and resentment. All this is not good. We must regain our dignity, spirit, October 28, 1940 made ??us say “no” to the ultimatum of Mussolini’s Italy. At this time, we do not have the means to say “no” and yet we did. (Note: 28 October 1940, the Greek dictator Metaxas refused by a “no” legendary submit to the Italian ultimatum In the war that followed, the Greeks pushed the Italian army. ). We must recapture the spirit of 28 October.

*  *  *

Your rating: None

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Sun, 01/25/2015 - 22:06 | 5704494 Hulk
Hulk's picture

Greek Swan AT 9 Oclock !!!

Sun, 01/25/2015 - 22:07 | 5704503 johngaltfla
johngaltfla's picture

Better have the Defence Ministry ready to rock and roll also....

As the Grexit heated up, Turkish and Greek Fighter Jets engaged in Mock Dogfights

Sun, 01/25/2015 - 22:11 | 5704507 Comte de Saint ...
Comte de Saint Germain's picture

Utter bullshit...Varoufakis has been told by his masters to make such ridiculous statements to keep the ignorant masses in Greece totally distracted.

Sun, 01/25/2015 - 22:16 | 5704535 knukles
knukles's picture

Greek sex all around boys!  Pass the ouzo.
(Don't forget, everything is all about "give and take")


Yeah!  No more shaving our backs for the bastards in Brussels!

Where the hell'd that sore come from?

Sun, 01/25/2015 - 22:24 | 5704577 Publicus
Publicus's picture

We are the little people, hear us ROAR!


Death to the Oligarchy.

Sun, 01/25/2015 - 22:32 | 5704609 joego1
joego1's picture


Sun, 01/25/2015 - 22:41 | 5704624 remain calm
remain calm's picture

So next we are going to be told we are going to get organized defaults. This should get interesting. I hope you picked the correct sized douche nozzle Mrs Merkel

Sun, 01/25/2015 - 22:42 | 5704651 joego1
joego1's picture

Can you say CDS default?

Sun, 01/25/2015 - 22:56 | 5704713 DJ Happy Ending
DJ Happy Ending's picture

I wish them the best of luck but I'll believe it when I see it.

Sun, 01/25/2015 - 23:41 | 5704857 SofaPapa
SofaPapa's picture

Yep.  I'd love to be excited by his words, but until I see the actions, I will reserve judgment.

Mon, 01/26/2015 - 00:19 | 5704954 Newsboy
Newsboy's picture

Hi Yanis, Good sentiments!

Ever heard of Paul Wellstone?

Just a word to the wise, brother...

Mon, 01/26/2015 - 00:39 | 5704999 Latina Lover
Latina Lover's picture

In the USSA, we are so jealous......

Mon, 01/26/2015 - 16:44 | 5707743 mkkby
mkkby's picture

This is as it should be because the oligarchs will LOSE NOTHING.  Defaults will be recoupled by the ECB and other CBs.  He is right that this is just about control and keeping the little guy in debt.

Sun, 01/25/2015 - 22:41 | 5704642 AlaricBalth
AlaricBalth's picture

Since January 2013 Varoufakis has been teaching at the Lyndon B. Johnson School of Public Affairs at the University of Texas at Austin.

His next book currently has the working title: Reverse Alchemy: Europe on the Road to Disintegration.

Sun, 01/25/2015 - 23:55 | 5704891 Oldrepublic
Oldrepublic's picture

His blog:


Sun, 01/25/2015 - 23:55 | 5704895 me again
me again's picture

Well, that's a very promising title; it sounds like he has the right idea, alright.

Mon, 01/26/2015 - 04:01 | 5705248 John Wilmot
John Wilmot's picture

He's also a guest lecturer at the Whitey Bulger School of Business Management.

Sun, 01/25/2015 - 22:32 | 5704612 Joe Davola
Joe Davola's picture

Meet the new oligarch

Same as the old oligarch

Sun, 01/25/2015 - 23:15 | 5704777 TheReplacement
TheReplacement's picture

That does seem to be the theme with elections lately.

Would any Republican voters like to dispute that?

Sun, 01/25/2015 - 23:51 | 5704882 ebworthen
ebworthen's picture

Yes, death to the Oligarchy and the Kleptoligarchy, in Greece and in the U.S. and many other nations.

"...and this has fueled a vicious cycle of indignity which itself maintains discontent, fear and resentment."

Isn't this the tactic used by the banksters/corporations/insurers and their complicit political and central bank lackeys the world over?

Hank Paulson:  "We must bail out the financial markets or there will be tanks in the streets!"  Yeah, like that.  Fuck those people.

Sun, 01/25/2015 - 22:25 | 5704581 joego1
joego1's picture


Drop the Y and you have something kinky going on.

Sun, 01/25/2015 - 22:14 | 5704545 dirtyfiles
dirtyfiles's picture

Varoufakis sounds like Eurofuckis am I wrong?

Sun, 01/25/2015 - 22:20 | 5704563 sodbuster
sodbuster's picture

By tomorrow noon, Pravda/US will have everyone convinced that this is good news.

Sun, 01/25/2015 - 22:29 | 5704600 joego1
joego1's picture

This could easily turn into a Bevis and butthead skit.


Sun, 01/25/2015 - 22:23 | 5704574 TheMeatTrapper
TheMeatTrapper's picture

Utter bullshit...Varoufakis has been told by his masters to make such ridiculous statements to keep the ignorant masses in Greece totally distracted.


lol. I'll match your bold utter bullshit and raise you. You keep posting your utter bullshit without a shred of evidence to back it up. I say YOU have been told by your masters to make such ridiculous statements. 

What say you, Comte de FuckFace?

Sun, 01/25/2015 - 22:31 | 5704611 Wolferl
Wolferl's picture

Varoufakis proofed to be an idiot in economical matters in soo many ways over the past years. It´s hard to believe someone made him professor at a university, but hey, this is Greece where everybody can become a prof if the bribes are high enough. He´s most likely just a shill of the ruling oligarchs or of the troika if those guys pay more. This will not end well for the Greeks if Syriza really just has such Clowns at hand to do such important jobs.

Sun, 01/25/2015 - 22:49 | 5704677 darteaus
darteaus's picture

Well, we've got Bill Ayers as a prof:

FTA: "Much of the controversy about Ayers during the decade since 2000 stems from an interview he gave to The New York Times on the occasion of the memoir's publication, September 11,2001. The reporter quoted him as saying "I don't regret setting bombs" and "I feel we didn't do enough", and, when asked if he would "do it all again," as saying "I don't want to discount the possibility."


Mon, 01/26/2015 - 00:58 | 5705042 Clashfan
Clashfan's picture

He was a prof in Texas. Duh.

Mon, 01/26/2015 - 07:59 | 5705443 Wolferl
Wolferl's picture

You are clueless.

Sun, 01/25/2015 - 22:44 | 5704658 darteaus
darteaus's picture

90% of the people that post here simply assert their views without evidence.

When challenged, they repeat their original assertion, make further assertions, and, finally, attack you personally.

Sun, 01/25/2015 - 22:53 | 5704701 saints51
saints51's picture

Also remember a lot of us can make assertions without evidence because we have seen the same thing over and over again. It is not some new issue that has arise. Just a different day usually coinciding with some satanic masonic bullshit.

Sun, 01/25/2015 - 23:25 | 5704788 wee-weed up
wee-weed up's picture



"When challenged, they repeat their original assertion, make further assertions, and, finally, attack you personally."

Sounds like the way socialist Liberals argue.

And I might add, then they call you a racist!

But I KNOW we don't have that many (90% of the people that post here) socialist Liberals here on ZH. You're way off base there.

Mon, 01/26/2015 - 01:01 | 5705047 Clashfan
Clashfan's picture

"Satanic masonic bullshit"--oh, but that I only have one up arrow to give. Trust me, I upped you with everything I have for that one. Thanks.

Sun, 01/25/2015 - 23:05 | 5704737 Gypsyducks
Gypsyducks's picture

DONT FORGET CAPSLOCK!!!           This can of ouzo has been kicked down the road for far too long; I only hope that people around the world begin to take notice and the discussion of what comes "after" can finally go mainstream.  Are their enough that still know how to think for themselves???

Mon, 01/26/2015 - 07:08 | 5705375 walktheline
walktheline's picture

Aint that the truth

Mon, 01/26/2015 - 08:01 | 5705451 walktheline
walktheline's picture

Aint that the truth

Mon, 01/26/2015 - 04:02 | 5705253 John Wilmot
John Wilmot's picture

The Meat Trapper...

Does that mean you're a prostitute working for the police department?

Sun, 01/25/2015 - 22:55 | 5704707 Chipped ham
Chipped ham's picture

Maybe. That's not implausible.

Sun, 01/25/2015 - 23:08 | 5704749 indygo55
indygo55's picture

Comte, you got a link? or is something you made up? How is this guy not for real? is it so shocking that someone actually is threatening TPTB and the status quo?

Sun, 01/25/2015 - 22:44 | 5704661 Thirtyseven
Thirtyseven's picture

There's still plenty of bad blood in the Balkans, sad to say. 

Only the jevv Oligarchs will profit from the shedding of goy blood (and/or financial disasters which are all planned just the same).

Sun, 01/25/2015 - 22:11 | 5704528 Mac Avelli
Mac Avelli's picture

Come on Greece!! Rememeber Sparta! Remember Athena! You guys kicked Persia's ass! I saw the movie!

Turn this shitshow around, remind us why you guys sit at the big table, not a card table in the garage!

Sun, 01/25/2015 - 22:26 | 5704590 me again
me again's picture

Incoming. !!  LOL.

Sun, 01/25/2015 - 22:39 | 5704640 Stained Class
Stained Class's picture

I'm 100% FOR this guy. Go Greece!

Sun, 01/25/2015 - 22:42 | 5704654 Thirtyseven
Thirtyseven's picture

Would've rather had a Golden Dawn at 6 o clock, but to each their own.

Sun, 01/25/2015 - 22:56 | 5704708 NEKO
NEKO's picture

If this guy is sincere he'll get blown away and replaced by a compliant stooge, don't fancy his chances...

Mon, 01/26/2015 - 00:11 | 5704941 me again
me again's picture

Incoming !

Mon, 01/26/2015 - 02:41 | 5705174 JuliaS
JuliaS's picture

Here in America they're trying to install socialism while saying capitalism (which wasn't actually capitalism) is to blame. In EU countries with no actual austerity (like Greece) are blaming austerity on deficits instead of the IMF that is responsible. IMF, instead of blaming excess credit for the social disintegration that is about to happen, will instead blame Syriza.

Modern version of pursuit of justice implies nothing but a bunch of lies competing for dominance.

Sun, 01/25/2015 - 22:05 | 5704495 stant
stant's picture

Good luck

Sun, 01/25/2015 - 22:08 | 5704506 new game
new game's picture

wow-hmmm, hope and change? fucken-eh; could it be true! wake up, it is only a dream, ha..

Sun, 01/25/2015 - 22:08 | 5704508 Callz d Ballz
Callz d Ballz's picture

I'll believe it when I see it.

Do NOT follow this link or you will be banned from the site!