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Yanis Varoufakis Sums Up Europe In One Sentence

Tyler Durden's picture




 

This just about sums it all up...

"A clueless political personnel, in denial of the systemic nature of the crisis, is pursuing policies akin to carpet-bombing the economy of proud European nations in order to save them."

 

 

h/t @UtopianFireman

 

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Fri, 02/06/2015 - 18:14 | 5753426 Terremoto
Terremoto's picture

I'm really starting to like this guy!

Fri, 02/06/2015 - 18:16 | 5753432 Aaaarghh
Aaaarghh's picture

about time we had some truthiness in the world..

Fri, 02/06/2015 - 18:19 | 5753447 Rehab Willie
Rehab Willie's picture

1st casualty is truth, 2nd is he who speaks it.

Fri, 02/06/2015 - 19:02 | 5753609 Newsboy
Newsboy's picture

Game Changes by 2/16/15.

Happy Valentine's Day Massacre!

Fri, 02/06/2015 - 19:13 | 5753644 IronLead
IronLead's picture

If you want to avoid the bad money from other nations than just default.

 

But who would then pay for your election promises.

 

Seems the systemic crisis is in Syrizas head.

 

 

Fri, 02/06/2015 - 19:27 | 5753686 SofaPapa
SofaPapa's picture

If you want to avoid the bad money from other nations than just default. 

But who would then pay for your election promises.

Has a politician ever been elected who promised pain?  This is the problem.  The reality is pain, but in order to get elected, the government has to claim "they can make it better."   Syriza has the same fundamental difficulty in this regard that all political movements have.  No one can trump human nature, which wants mommy and daddy to be able to make everything all better.  The people who come out of situations like this best are the ones who ignore mommy and daddy and prepare as best they can to live truly independently.  Unfortunately, mommy and daddy don't like to let them do that...

Fri, 02/06/2015 - 19:34 | 5753705 Self-enslavement
Self-enslavement's picture

Technically speaking it's not a default when the currency is a known counterfeit, such as the Euro. The bills do not say "We the People", therefore it's all counterfeit.

Fri, 02/06/2015 - 20:07 | 5753831 HelicopterCoPilot
HelicopterCoPilot's picture

horrible argument... They owe euros via contracts, that were signed by their representatives... Failure to pay said euros, is a DEFAULT... This is not to say, they should or shouldn't default...

Fri, 02/06/2015 - 20:18 | 5753872 MarsInScorpio
MarsInScorpio's picture

His Excellency, Ambassador Christos Panagopoulos

Your Excellency:

Never have I read in times of peace the issuance such as the insane ultimatum of war as that issued by the Eurogroup Chairperson Jeroen Dijsselbloem against Greece: It is no less than the threat of unlimited warfare to destroy the Greek nation, if not by munitions, then by money.

The quote attributed to the Greek Finance Minister, Yanis Varoufakis, could not possibly be more true: "A clueless political personnel, in denial of the systemic nature of the crisis, is pursuing policies akin to carpet-bombing the economy of proud European nations in order to save them."

Many unenlightened Americans will fail to understand the reasons the Greek nation has declared its freedom from the extortion, and debt slavery, imposed on it by the psychotic sociopaths of the ECB, the IMF, and various European central banks, manipulating the financial machinery of the EU.

Unlike them, I do not fail to understand that this so-called austerity is nothing more than economic warfare designed to rape the nation of its assets, and the people of their survival, by creating an endless series of faux "bailouts" which have the real purpose of draining the nation of all its pride, dignity, and future.

When I read of the unemployment rate, the poverty level, the share of unemployed youth without hope, of female physicians reduced to prostitution to feed their children, of individuals who set themselves ablaze publicly because they are so beaten down by this war against the Greek nation, of these actions by the Troika which constitute nothing less than Crimes Against Humanity, my soul cries out in horror, and unimaginable pain, for the Greek nation.

There comes a time in history when a nation has no choice left but to put its destiny on the line, and be willing to sacrifice everything to throw off the chains, and regain its freedom, no matter what those sacrifices entail.

Because of what amounts to no less than a Declaration of War against Greece by the Eurogroup's chairperson, you are now at that point.

It is time for the world's first democracy to reclaim its heritage, and once again teach the world that remaining free sometimes requires that men and women fight for it. Whatever comes, the Greek people will adapt themselves and overcome it, just as they have overcome every other attempt by others to bury them.

Thucydides wrote, "The secret of happiness is freedom. The secret of freedom is courage."

Now is the time when the courage of the Greek nation must rise up, and face down the forces that would continue to enslave it.

Meet the ultimatum with 3,000 years of freedom, and shatter the predatory, criminal, strangle-hold of the EU on your people.
-30-

Fri, 02/06/2015 - 20:28 | 5753900 IronLead
IronLead's picture

Greece being bancrupt is not the fault of the Troika.

 

What do the greeks expect?

 

That they go bancrupt and after that get free money so they can pursue on the same path that led to the situation?

 

Did they expect that going bancrupt is like having a bad hair day?

Fri, 02/06/2015 - 20:35 | 5753944 Self-enslavement
Self-enslavement's picture

They can print their own Monopoly money. You trolls are weak today.

Fri, 02/06/2015 - 20:56 | 5754009 nmewn
nmewn's picture

You're way the fuck out of your league, maybe you should give it a rest.

Unless the Greeks intend to be "self-supporting" what do you think a drachma is going to be worth to someone who trades with Greece?

Why do you think your leftwing poster child of all that is virtuous wants a bridge loan from the EU?

Its on financial life support, they need to just default and get it over with.

Fri, 02/06/2015 - 21:02 | 5754029 MarsInScorpio
MarsInScorpio's picture

nmewn:

 

A drachma, like all fiat currency, is worth whatever someone is willing to do for it. For those who want goods in, or from Greece, it will have a value.

-30-

Fri, 02/06/2015 - 21:07 | 5754053 nmewn
nmewn's picture

And the exports from Greece are?

Fri, 02/06/2015 - 21:12 | 5754071 MarsInScorpio
MarsInScorpio's picture

nmewn:

 

You are a very shallow thinker.

 

What do you think warm-water ports directly on the Med are worth to Russia and China? How much can they get from NATO to keep the Russians and Chinese out?

 

How about those spy listening posts? What's the upcoming Russian pipeline worth?

 

I could go on listing things that never occured to you. But I have serious things to do.

-30-

Fri, 02/06/2015 - 21:24 | 5754113 ATM
ATM's picture

Warm water ports?

So how exactly does a port in Greece help the Russians or Chinese. Can those goods be teleported thousands of miles across Europe, the Balkans, Ukraine to the Motherland?

Listening posts? Those are all under sea on the communications cables. wy the hell do they need Greece to spy?

Greece is nice for a vacation, for a little octopus and a few olives but let's be real, that's all.

They should default and leave the Euro but because the financial system is so levered tiny little Greece defaulting might bring th ewhole house of cards down as counterparties drop like flies.

Greece says it can't take the "austerity"..... What a joke. wait until they giv ethe finger to the Germans. They don't know what austerity really is. But they will find out.

Fri, 02/06/2015 - 21:59 | 5754199 Self-enslavement
Self-enslavement's picture

Only Chosenites can print money. All you Zerohedgers are brainwashed if you think that a Christian, Muslim, Buddhist or Amish will ever be allowed to print money. The NATO chosenites will kill you dead.

Fri, 02/06/2015 - 22:09 | 5754231 nmewn
nmewn's picture

But the Chi-Coms & Russians can.

We're saved!!!

Sat, 02/07/2015 - 01:32 | 5754851 TheReplacement
TheReplacement's picture

But are they skilled enough to beat our guys just using fiat manipulations?  Our guys have been on top for a very long time.  They should not be underestimated in that realm.

No, I think the Chinese and/or Russians will have to change the game and incorporate some physical type of currency or backing.  Then, no matter their leanings, we will have a chance.

Sat, 02/07/2015 - 02:50 | 5754941 palmereldritch
palmereldritch's picture

Yanis should try and work the word criminal into his next declaration on this matter.

Sat, 02/07/2015 - 05:34 | 5755090 winchester
winchester's picture

car crash in 3...2...1

Fri, 02/06/2015 - 22:33 | 5754296 willwork4food
willwork4food's picture

I woud rather be free and poor than middle class and miserable.

Fri, 02/06/2015 - 22:41 | 5754325 nmewn
nmewn's picture

I don't believe the German middle class think that way but I could be wrong. Anyways, watching one degree of socialism having a cat fight over the others stuff is always entertaining ;-)

Fri, 02/06/2015 - 23:38 | 5754521 Vendetta
Vendetta's picture

The oligarchs are counting on the poor to believe that is the reality.

Sat, 02/07/2015 - 04:22 | 5755020 StychoKiller
StychoKiller's picture

Curious that you did not address the Gaz pipeline(s)...

Fri, 02/06/2015 - 21:30 | 5754131 nmewn
nmewn's picture

I'm a shallow thinker.

You turn the Greeks into people with no integrity selling themselves to the highest bidder for military ports and I'm a shallow thinker?

Mmmkay.

Maybe this will help, What-Do-They-Produce-For-Peaceful-Export-For-Drachma?

Sat, 02/07/2015 - 03:15 | 5754966 MiTasol
MiTasol's picture

Physical exports are shown on this treemap.

http://upload.wikimedia.org/wikipedia/commons/e/eb/Greece_Export_Treemap...

But their largest earners are tourism and shipping.

Quite a diversified economy.

Fri, 02/06/2015 - 21:33 | 5754143 Number 156
Number 156's picture

"And the exports from Greece are?"

..are going to be a bargain for the west and profitable for Greece.

Fri, 02/06/2015 - 21:45 | 5754179 nmewn
nmewn's picture

No one can tell me what they are and the value in whatever currency?

Not even a wiki? ;-)

Fri, 02/06/2015 - 22:12 | 5754240 Cangaroo.TNT
Cangaroo.TNT's picture

Lots o Greek chicks I know gots some big-ass titties.  That's gotsta be wert sumpin. 

Fri, 02/06/2015 - 22:21 | 5754265 nmewn
nmewn's picture

Yeah, I like the Greeks but care-free living has costs. Pills, cement, marble, smokes & rebar can only entertain Helen for so long.

Then the rent comes due and she leaves ;-)

Fri, 02/06/2015 - 22:18 | 5754251 Oldballplayer
Oldballplayer's picture

Whats with the -30- crap.  Are you writing for the school paper now?

Fri, 02/06/2015 - 20:58 | 5754012 MarsInScorpio
MarsInScorpio's picture

Iron:

 

Who do you think the Troika is?

 

The ECB, the IMF, and the Eurogroup - who just hapen to be the peoploe who made the predatory, criminal loans through their criminal accomplicies, the cronies, the government, and the oligarches.

 

Yes, the Troika did bankrupt Greece.

 

Now let them be good little free marketers, and suffer the capital loss for the bad loans they freely made to an unworthy borrower.

-30-

Fri, 02/06/2015 - 21:05 | 5754038 IronLead
IronLead's picture

Did the Troika bancrupt Ireland?

 

Then how is Ireland better off then Greece?

 

No, the Troika did not bancrupt Greece, you're just throwing stuff around hoping some bullshit sticks to excuse your sucking up to the marxists.

Fri, 02/06/2015 - 21:08 | 5754059 MarsInScorpio
MarsInScorpio's picture

Iron:

 

Obviously you don't know who comprises the Troika. It is nothing but a fancy name for the ECB's, the IMF's, and the Eurogroup's, collection thugs.

 

Given your structural ignorance of the situation, talking to you, or even reading your posts, is a waste of time.

-30-

Fri, 02/06/2015 - 21:14 | 5754080 IronLead
IronLead's picture

Greece is bancrupt because it spend too much.

 

That fact will stick no matter what obfuscation you try to bring up on the excuse of the marxist devils.

Fri, 02/06/2015 - 21:23 | 5754108 Sandmann
Sandmann's picture

Yes but it was not this Government that borrowed the money - every Greek Government previously had a Papandreou and in the 40 years since democracy returned after military rule only two parties have run the place until now........the US has not done too well in the past 40 years either running itself from creditor to the world's biggest debtor

Fri, 02/06/2015 - 21:48 | 5754184 nmewn
nmewn's picture

And Papandreou was a...

Come on everybody, say it together ;-)

Fri, 02/06/2015 - 22:39 | 5754304 edotabin
edotabin's picture

Do you mean ......(Deep breath) A very charismatic crafty devil who used his silver toungue and the sophisticated allure of socialism to poison the Greek people and lead them into destruction all while paying them a handsome fee to watch them dance to their demise because of their ignorance? (inhale)

You deal with the devil, this is what you get.

What you wanted to say was much shorter easier for a large group to repeat :-)

 

EDIT: Capitalist countries are debt-laden as well. It doesn't matter how you run up the bill, just as long as you run it up.

Sat, 02/07/2015 - 09:16 | 5755298 nmewn
nmewn's picture

Thats exactly what I meant...lol.

Now, if I can just find a true capitalist country ;-)

Sat, 02/07/2015 - 14:33 | 5755709 GoinFawr
GoinFawr's picture

Unmitigated capitalism has no country as it inevitably forces the concentration of all wealth to the benefit of one in its ruthless war of all against all.

If only I could find a functioning, truly mixed economy ( "socialist" or "Marxist" or "Stalinist" or "Hilterist" or "fascist"  as conflated by  Gary Allen-speak) country... with it's books consistently in the black...  and no doublespoke 'patriot act'... and no 'drug war' on the poor...and a non-aggressive foreign policy... and world class healthcare... and 'universal' access to post-secondary education (including sciences, if you can make the grade)... did I mention the growing SWF....

OH wait: that's easy!

http://www.theguardian.com/news/datablog/2010/may/27/debt-deficit-oecd-c...

Ah yes, but I am told (Oh Lord how I am told) that the industrious 'little guy' doesn't stand a fereaking chance at success in any of those places, at least not like he would in stateless-skittle-excreting-unicorn-imaginarium-power-vacuum-land.

I remain unconvinced.

lol

:)

Fri, 02/06/2015 - 22:36 | 5754309 willwork4food
willwork4food's picture

A tribesman? Knock me over with a feather.

Sat, 02/07/2015 - 00:35 | 5754735 ZerOhead
ZerOhead's picture

Greek?

Sat, 02/07/2015 - 02:30 | 5754917 JustUsChickensHere
JustUsChickensHere's picture

Politician ?

Sat, 02/07/2015 - 04:59 | 5755068 conscious being
conscious being's picture

Oligarch?

Fri, 02/06/2015 - 20:40 | 5753958 HelicopterCoPilot
HelicopterCoPilot's picture

"Unenlightened Americans"?? Perhaps?.. However, you completely disregard the FACT that Greece was bankrupt, BEFORE the bailouts... Hence, the fact that bailouts occurred.. Are the Greek people suffering?. Of course... However, this suffering must (& will) take place, at this juncture, no matter what policies are pursued... Anyone (individual, corporation or govt) that borrows beyond their ability to repay suffers...

Point is, don't pretend as if Troika is the cause of the suffering... Ultimately, it was the people's representatives (& thus the people), who borrowed too much money & now they must face the consequences..

We can debate, which consequences are least painful & thus, most desirable, but consequences must be paid..

Where ever you are from, enlightment must be akin to ignoring the facts..

Fri, 02/06/2015 - 20:52 | 5754002 MarsInScorpio
MarsInScorpio's picture

Heli:

 

Let me blow you out of the water with one question.

 

Your wrote: "it was the people's representatives (& thus the people) . . ."

 

Are you so disconnected from relaity that you believe the representatives of the world actually represent the people?

 

Really? Do you really believe that???

 

You say, "wherever I'm from . . ." I say, "you've from Looney Land," if you believe that.

 

It wasn't the people who decided to get the money, nor you got the money - it was the cronies and their laptops in the government. Let them suffer, and pay it back.

-30-

Fri, 02/06/2015 - 20:56 | 5754010 Self-enslavement
Self-enslavement's picture

Max says the Bankers suck donkey *%#+= https://m.youtube.com/watch?v=pwAClUrhrek

Fri, 02/06/2015 - 21:01 | 5754026 IronLead
IronLead's picture

Are you so disconnected from relaity that you believe the representatives of the world actually represent the people?

 

Says the guy who just sucked the ass of the current marxist in charge of Greece.

Fri, 02/06/2015 - 21:04 | 5754044 HelicopterCoPilot
HelicopterCoPilot's picture

We don't disagree on the fact that representatives rarely represent the people.. However, the people are at fault for accepting this.. They had an attitude of 'don't inconvenience me', when the cash was flowing, but now that the bill has arrived, they play ignorant..

Bullshit! They must suffer, so they take responsibility for the situation, next time... Without consequence, the people will continue to dance in their ignorance ...

In the end, it is the common man's ignorance & indifference (during good years), that layed the foundation of the current nightmare the world faces.. So I share little sympathy with these people... If we talk about the children who are suffering, without responsibility for situation, I will be more sympathetic...

Fri, 02/06/2015 - 21:17 | 5754093 MarsInScorpio
MarsInScorpio's picture

Heli:

 

Respectfully, I look forward to seing how tough you talk when you are getting buried by the economic implosion of your country's economy, brough about by the ologarches, the cronies, and Deep State, and the government lapdogs.

-30-

Fri, 02/06/2015 - 21:23 | 5754110 HelicopterCoPilot
HelicopterCoPilot's picture

We all deserve it for our ignorance & indifference... I, the ones I love, nor the place I call home deserves to be spared...

The pain is nature's self-correction, that we all love so much in theory, if not in practice

Fri, 02/06/2015 - 22:44 | 5754331 11b40
11b40's picture

So, when do the money changers get to share in this pain you are so attracted to?  What is the obligation to perform due diligence for anyone issuing debt to Greece?

Sat, 02/07/2015 - 05:12 | 5755074 conscious being
conscious being's picture

Due dilligence in these case means Goldman gets Greece a $1B loan and keeps $300M.

The Greek nation has become, has been structured, to serve as a pass-through to the greed-addicted oligarchs from Euro and US taxpayers. How is the average citizen going to know he's being had when the bankster oligarchs have planned ahead an bought all the media? The only way for the masses of ripped-off people to find out is when they have nothing left to give becsuse its all been stolen already and the system starts to crack up, which is where we are now.

Fri, 02/06/2015 - 21:13 | 5754075 Calmyourself
Calmyourself's picture

Mars, the people can certainly present a bill to the politicians for their kowtowing to the banker class of the EU.  This bill can be presented in boiled rope or exile.  But until this bill is presented in the form of the repudiation of this class outright , yes, the bill from the troika is due.

Fri, 02/06/2015 - 21:23 | 5754104 MarsInScorpio
MarsInScorpio's picture

Calm:

 

I vote for the rope . . .

 

Because the loans were the result of criminal behavior by the lenders (bribes, money laundering, acccounting fraud, etc.), and the government staffers and officeholders which participated in these crimes, the contracts are fraudulent, and therefore unenforceable.

 

Sorry, but that is the way contract law works.

 

Now, about that rope . . .

-30-

 

Fri, 02/06/2015 - 21:28 | 5754123 IronLead
IronLead's picture

Is there anything in Greece that is not a fraud, a result of bribery or criminal racketeering?

 

You even have to bribe doctors so they will see you.

Fri, 02/06/2015 - 22:55 | 5754366 willwork4food
willwork4food's picture

Is there anything in the US Fed monetary policy and enforcement(IRS) that is not the reuslt of bribery or criminal racketeering?

Fri, 02/06/2015 - 21:08 | 5754058 Milestones
Milestones's picture

Take your elements and apply it to Merica today.Your critique being the guideline. We are in the same boat riight now.      Milestones

Fri, 02/06/2015 - 21:41 | 5754170 Peelingtheonion
Peelingtheonion's picture

PTI,

 

Anyone (individual, corporation or govt) that borrows beyond their ability to repay suffers...I'd say that would apply to America also...but wait...America happens to a bully with printing presses and weapons..never mind...

Fri, 02/06/2015 - 20:43 | 5753967 hairball48
hairball48's picture

@ sofapapa Exactly right...and coming soon to America.

Fri, 02/06/2015 - 20:15 | 5753853 Lost My Shorts
Lost My Shorts's picture

Yes, maybe the Eurocrats don't think Greece is so systemic, or that it's safer to take Greece out behind the barn and shoot it than to risk "social contagion" spreading to other countries that present more of a systemic risk.  Maybe Mr. V is engaging in wishful thinking when he says the EU is trying to save Greece.

Or maybe they just decided to stop kicking the can down the road.  Who can blame them.  We always laugh when they kick the can.  Greece is hopeless so just default already.

Fri, 02/06/2015 - 21:41 | 5754169 jerrygiannatos
jerrygiannatos's picture

IRON LEAD or IRON SHEEP is it? IF ONLY the people in this country had the fucking balls to stand up to our own banking crimnals

Fri, 02/06/2015 - 20:41 | 5753963 Secret Weapon
Secret Weapon's picture

Why?

Fri, 02/06/2015 - 19:45 | 5753742 NeoConvict
NeoConvict's picture

The world has needed a good academic with the mental toughness to stand up to assholes. I know the business peeps don't care much for the educated, but I do think there's some room for "Philosopher Kings" amongst the leadership.

Fri, 02/06/2015 - 18:22 | 5753458 Sudden Debt
Sudden Debt's picture

I’m pretty sure he’ll have a unpaid parking ticket from a decade ago which will cause such a scandal that he’ll need to step down and be replaced by a puppet who knows what best for the people who never voted for him/her...

Fri, 02/06/2015 - 18:58 | 5753569 Bob
Bob's picture

.

Fri, 02/06/2015 - 18:55 | 5753582 SmittyinLA
SmittyinLA's picture

he is the puppetest of puppets, a banker's wet dream, Greek orgy of debt coming, when they're done the only property owners left in Greece will be foreign banks

Fri, 02/06/2015 - 20:22 | 5753897 LetThemEatRand
LetThemEatRand's picture

Even if you're right -- and you could be -- they had that already with the last guy.  Granted it would be even more irritating if this guy does it while saying the opposite, but I'm seeing some signs that they are legit, like the desperate moves of the bankers to give them short ultimatums.  The 10 day deadline reeks of fear and bullying.  If they thought the new Greek leaders were full of shit, they would be having lengthy talks and be pretending to compromise.

Sat, 02/07/2015 - 00:06 | 5754626 Alberich
Alberich's picture

Excellent points, and consider also: the Greeks will suffer regardless of outcome. If Brussels cuts them off, they'll suffer and blame Brussels. If Syriza collaborates to extend the bailout they'll suffer and blame Syriza. If you were Syriza whom would you want the voters to blame?

Fri, 02/06/2015 - 18:59 | 5753585 balolalo
balolalo's picture

This Greek dude better stay off Malayasian Airlines, Air Asia, or any other plane for that matter.  Better watch out for exploding cigars, or poison laced food.   Greece = the new Cuba

Fri, 02/06/2015 - 19:52 | 5753774 kito
kito's picture

hey tyler you got a source for this quote? not popping up anywhere except for sites that link it back to you. im questioning the veracity of this quote.................

Fri, 02/06/2015 - 20:14 | 5753856 Recognizer
Recognizer's picture

jinx.

Fri, 02/06/2015 - 20:31 | 5753925 kito
kito's picture

THANK YOU. 

Sat, 02/07/2015 - 10:57 | 5755454 Stevious
Stevious's picture

Thanks, MS7. it's an interesting read, and delicious to see something written so well from a (I presume) non-English speaker (maybe he grew up in Britain?).

I recommend that folk read it and I must wonder, did he write it, or is it ghost-written?

 

http://yanisvaroufakis.eu/2013/10/25/the-dirty-war-for-europes-integrity...

 

Fri, 02/06/2015 - 20:14 | 5753850 Recognizer
Recognizer's picture

It is on his personal website.  Quote from a talk he did in 2013...

http://yanisvaroufakis.eu/2013/10/25/the-dirty-war-for-europes-integrity...

Fri, 02/06/2015 - 20:17 | 5753862 Renfield
Renfield's picture

Good question, kito! Here is the full quotation:

<<Last year I was in Brussels, discussing the latest twists and turns of the crisis with one of the Commission’s high priests. I asked an almost impertinent question to which I was surprised to receive an honest answer: “Why was the Commission pushing Portugal to increase indirect taxes at a time of collapsing demand?” Will this not push sales and state revenues from this tax down? Similarly with the doubling of taxes on heating fuel in Greece. “Why are you pushing for this? Don’t you see that an already impoverished people will simply not heat up their homes and that government revenues from the fuel tax will fall?” His answer was: “Of course. But, we are only pushing for higher sales and fuel taxes as a deterrent. The point is to demonstrate to Rome what it has coming its way if they do not comply with our directions (sic).”

This is what the crisis is doing to our Europe: A clueless political personnel, in denial of the systemic nature of the crisis, is pursuing policies akin to carpet-bombing the economy of proud European nations in order to save them. Greece, Portugal, Ireland, Spain are beaten into a pulp to keep Italy and France in awe. When I hear European officials, who habitually present these policies in the name of community, solidarity, efficiency, responsibility, worry about the loss of legitimacy of European institutions, I ask: Really?>>

This was a highlighted quotation on Yanis Varoufakis' blog entry of 25 October 2013.

http://yanisvaroufakis.eu/2013/10/25/the-dirty-war-for-europes-integrity...

Fri, 02/06/2015 - 20:40 | 5753959 noben
noben's picture

The Greece-EU romance reminds me of "Paradise by the Dashboard Light"

https://www.youtube.com/watch?v=C11MzbEcHlw

I remember every little thing
As if it happened only yesterday
Banking by the lake
And there was not another ATM in sight
And I never had a coin
Looking any better than you did
And all the kids at school
They were wishing they were me that night

[Mutti:]
I gotta know right now
Do you love me?
Will you pay me forever?
Do you need me?
Will you never leave me?
Will you make me so happy
For the rest of my life?
Will you take me away
And will you make me your wife?
I gotta know right now
Before we go any further
Do you love me?
And will you pay me forever?

What's it gonna be, boy?
Come on, I can wait all night.
What's it gonna be, boy?
Yes or no?
What's it gonna be, boy?
Yes or no?

[Greek Boy:]
Let me sleep on it
Baby, baby, let me sleep on it
Let me sleep on it
And I'll give you an answer in the morning
Let me sleep on it

[Mutti:]
Will you pay me forever

[Greek Boy:]
I couldn't take it any longer
Lord I was crazed
And when the feeling came upon me
Like a tidal wave
I started swearing to my god
And on my mother's grave
That I would love you to the end of time
I swore I would love you to the end of time

So now I'm praying for the end of time
To hurry up and arrive
'Cause if I gotta spend another minute with you
I don't think that I can really survive
I'll never break my promise or forget my vow
But God only knows what I can do right now
I'm praying for the end of time
It's all I can do (ooh, ooh)
I'm praying for the end of time
So I can end my time with you.

It was long and far away,
and it was so much better than it is today (repeat 3 times)

Fri, 02/06/2015 - 22:20 | 5754250 Tall Tom
Tall Tom's picture

I couldn't take it any longer
Lord I was crazed
And when the feeling came upon me
Like a tidal wave
I started swearing to my god
And on my mother's grave
That I would PAY you to the end of time
I swore I would PAY you to the end of time

 

So now I'm praying for the end of time
To hurry up and arrive
'Cause if I gotta PAY another EURO to you
I don't think that I can really survive
I'll never break my promise or forget my vow
But God only knows what I can do right now
I'm praying for the end of time
It's all I can do (ooh, ooh)
I'm praying for the end of time
So I can end my DEBT TO you.

 

Fixed it for you

Fri, 02/06/2015 - 23:20 | 5754393 Tall Tom
Tall Tom's picture

And even more to this...

 

Damnation In The Near Term Sight...

 

And now our Euro Economies are oh so close and tight
It never felt so good, it never felt so right
And we're growing our economy on a fiscal cliff
Growing the economy on a fiscal cliff.
C'mon, hold on tight
C'mon, hold on tight

Though it's cold and forboding in financial plight
I can see damnation in the near term sight

[Mutti:]
Ain't no doubt about it we were doubly damned
'The Euro is barely sixteen
And almost shit canned.

[Both:]
Ain't no doubt about it
Baby got to go out and shout it
Ain't no doubt about it
We were doubly damned

[Greek Boy:]
'The Euro is barely sixteen
And almost shit canned.

 

(The Euro was born on January 1, 1999)

 

Baby don'cha hear my plight
I been screaming it on the radio
I've been paying you too long
For you to come along and loan me more
And I gotta let you know
No I am never gonna repay it
So close up your banks, I got a big surprise
It'll feel all right
Actually I do wanna make your printers run

 

And now our Euro Economies are oh so close and tight
It never felt so good, it never felt so right
And we're growing our economy on a fiscal cliff
Growing the economy on a fiscal cliff.
C'mon, hold on tight
C'mon, hold on tight

[Both:]

 

Though it's cold and forboding in financial plight
I can see damnation in the near term sight

Damnation in the near term sight

 

You got to do what you can
And let World Finances do the rest

Ain't no doubt about it
We were doubly damned

The Euro is barely sixteen

And almost shit canned.
And the Euro is barely...

We're gonna go all the way tonight
We're gonna go all the way
And tonight's the night

[Radio Broadcast:]
OK, here we go, we got a real pressure cooker going here
Two down, nobody on, no score, bottom of the ninth
There's the wind-up, and there it is
A line shot up the middle, look at him go
Greece can really fly
He's rounding first and really turning it on now
He's not letting up at all, he's gonna try for second
The ball is bobbled out in the center
And here's the throw and what a throw
He's gonna slide in head first
Here he comes, he's out
No, wait, safe, safe at second base
This kid really makes things happen out there
Batter steps up to the plate
Here's the pitch, he's going
Amd what a jump he's got
He's trying for third
Here's the throw
It's in the dirt, safe a third
Holw cow, stolen base
He's taking a pretty big lead out there
Almost daring them to pick him off
The pitcher glances over, winds-up and it's bunted
Bunted down the third base line
The ECB suicide squeeze is on
Here he comes, squeeze play, it's gonna be close
Here's the throw, here's the play at the plate
Holy cow, I think Greece gonna make Grexit.

 

STOP RIGHT THERE...

 

Yeah...I could spend a few hours with this...and make it a whole lot better. But I understand your gist noben.

 

Good choice.

Fri, 02/06/2015 - 18:21 | 5753450 Carpenter1
Carpenter1's picture

Yep, sounds like he wants to play ball with the EU

Fri, 02/06/2015 - 18:22 | 5753454 ZH Snob
ZH Snob's picture

yes, we hurt the ones we love.

Fri, 02/06/2015 - 18:23 | 5753462 fascismlover
fascismlover's picture

There is hope for the world...kind of like powerball odds but still a chance!

Fri, 02/06/2015 - 18:36 | 5753513 zeropain
zeropain's picture

world does not need hope, it has natural law that balances things out.  humans on the otherhand.....

Fri, 02/06/2015 - 19:00 | 5753598 Bob
Bob's picture

Powerball finally up over $356M.  At two bucks a bet, with 1/178,000,000 odds, it's finally slightly better than even money. 

Long as nobody wins but me. 

Don't shit on my cloud!

State lottos are hopelessness taxes.

But better-than-even money now.

Fri, 02/06/2015 - 18:34 | 5753490 zeropain
zeropain's picture

maybe he is the one that must tell the truth at all cost.   if he is not corruptable.  what can they do but threaten him.  how do you deal with a martyr?  funny how nature balances humans by making those who have to lie with those who have to tell the truth.  

Fri, 02/06/2015 - 18:46 | 5753544 irishlink
irishlink's picture

Many years ago a friend in New York uttered these words which I have never forgotten. A man with a conviction is worth an army with none ,! ECB take note, Greek expats get ready to support your homeland when the dust settles, you will probably make the best investment of your life,

Fri, 02/06/2015 - 18:39 | 5753520 SpanishInquisition
SpanishInquisition's picture

I suggest he avoid nail guns and Asia commercial aircraft

Fri, 02/06/2015 - 20:07 | 5753829 Utah_Get_Me_2
Utah_Get_Me_2's picture

There is something disconcerting about this guy. He says all the right things. He's playing the part of a anti-Eurozone politician. But he's so polished and has so much media exposure I wonder if he's not a Judas goat for Greece and rest of southern and eastern Europe. He's reeks of foreign intelligence.

I still like what he has to say though. In today's world you've got to cover every angle. These people are more slippery than rocks after low tide.. they look alright but they'll put you on your ass real quick.  

Fri, 02/06/2015 - 20:14 | 5753857 new game
new game's picture

utah-hmmm exacty- a wiff of sumtin wrong. he even looks cia/kgb/plulished hitman.

 

Sat, 02/07/2015 - 00:13 | 5754654 Alberich
Alberich's picture

Actually he looks like megusta.jpg which is kind of awesome.

Sat, 02/07/2015 - 07:45 | 5755196 YHC-FTSE
YHC-FTSE's picture

He didn't just "pop up" out of the blue polished and saying the right things. He has been consistent since I first saw him on RT back in 2011. For a start, his credentials are clean. He received his PhD from the university of Essex in the UK. Anyone familiar with the UK would know that you can't get anymore opposite to elitist than Essex Uni! :) It's a working-man's college.

The whole Syriza team came out punching the moment they were elected. It's an act of a group that knows they may not have very long to do what they need and they've pretty much been uncompromising on their stance which I didn't expect at all. Right now, they are not Greek revolutionaries but EU revolutionaries since they want to change the system from the inside. That has always been their goal and the policy platform on which they got elected. They may get what they want if this goes on any longer since a hard Greek default will not ever be allowed to happen - the derivatives bomb may possibly wipe out the squids. At some point I expect they may have to make deals to stay within  the EU, but I don't rule out a Grexit if overtures from Russia and China become attractive enough. 

It's difficult, it's complicated, and although I appreciate the cynicism from others, I decided to give Varoufakis and the rest of Syriza the benefit of the doubt.

Fri, 02/06/2015 - 20:21 | 5753888 HelicopterCoPilot
HelicopterCoPilot's picture

I often feel, people who hate the status quo, develop 'crushes' on those they perceive to stand up to said status quo, with complete disregard for policies that said 'protagonist' supports... I suspect this is because, we love someone who may potentially eradicate the source of our own self-perceived impotence, giving way to the ultimate reflation of our own ego...

Be careful what you wish for..

Fri, 02/06/2015 - 22:09 | 5754230 shovelhead
shovelhead's picture

Lordy, ain't dat da troof. Testify bruvver!

I's still be waitin on dem waters to recede an de Erff to heal hisseff.

Ain't seen nuffin buts hogswallop.

Somfinn wrong wif dat boy.

Sat, 02/07/2015 - 00:25 | 5754702 Bullwinkle42
Bullwinkle42's picture

Surely he knows whom he is thoroughly pissing off right?

The man obviously has a pair, I will give him that.

Now to see if he crys. When Angela and her ilk give em a serious. Twist and squeeze.

Sat, 02/07/2015 - 02:02 | 5754878 Bloppy
Bloppy's picture

Reality doesn't matter, only how CNBC-Cramer-Liesman misinterpret it

 

SI Swimsuit follows Nationwide's strategy: hey, let's piss everybody off!

http://tinyurl.com/l55zd7h


Sat, 02/07/2015 - 03:32 | 5754971 OldPhart
OldPhart's picture

I don't personally know any fucking Greeks.

But I'd like to by this asshole a beer and listen to him for three days.

(After the first one he'd have to finance any others!)

Sat, 02/07/2015 - 07:15 | 5755163 Sandmann
Sandmann's picture

Should have been at UT Austin where he taught in 2013

Sat, 02/07/2015 - 09:10 | 5755289 Derfman
Derfman's picture

Just hope he doesn't fuck the maid....

Fri, 02/06/2015 - 18:15 | 5753430 Ignatius
Ignatius's picture

.

"A clueless political personnel, in denial of the systemic nature of the crisis, is pursuing policies akin to carpet-bombing the economy of proud European nations in order to save them."

Yeah, I can hang with that.

Fri, 02/06/2015 - 18:18 | 5753438 Rainman
Rainman's picture

yah, that systemic thingy is a nice touch

Fri, 02/06/2015 - 18:22 | 5753457 cossack55
cossack55's picture

Would have garnered much more attention had he stated "carpet-munching the economy" intead.

Fri, 02/06/2015 - 18:32 | 5753496 amadeus39
amadeus39's picture

Is he a voice crying for help or a voice crying in the wilderness?

 

Fri, 02/06/2015 - 18:16 | 5753434 10mm
10mm's picture

He better keep low.

Fri, 02/06/2015 - 18:18 | 5753441 Utah_Get_Me_2
Utah_Get_Me_2's picture

He better keep talking. Keep a high profile.. just ask that Argentian lawyer.

Fri, 02/06/2015 - 18:21 | 5753451 Bunghole
Bunghole's picture

He better stay off Boeing 777's

Fri, 02/06/2015 - 18:41 | 5753528 MsCreant
MsCreant's picture

No departing flights from Malaysia.

Fri, 02/06/2015 - 20:46 | 5753978 DaddyO
DaddyO's picture

Are there any home improvment chains in Greece?

I'm going long nailguns...

DaddyO

Fri, 02/06/2015 - 18:57 | 5753586 Money Boo Boo
Money Boo Boo's picture

I hear the polonium tea is particularily good this time of year

Fri, 02/06/2015 - 19:41 | 5753730 RaceToTheBottom
RaceToTheBottom's picture

That explains the hasty trip the Merkle is taking to visit the Putin.

Loadem'up at the supplier!

Fri, 02/06/2015 - 19:52 | 5753773 Utah_Get_Me_2
Utah_Get_Me_2's picture

You bring up an interesting point as to why Hollande and Merkel would travel to Russia the day after Putin said they would be willing to lend Greece money... these fucking mooks are so transparent with their machinations its astonishing there isn't a violent overthrow of most governments the world over.

Fri, 02/06/2015 - 20:12 | 5753844 brooklynlou
brooklynlou's picture

1. That would require that I get off the couch. Trust me, I'm not looking to get off my couch. It's a nice couch.

2. I would have to put myself at vast amounts of personal danger. Nope. Sorry.

3. I would have to program my DVR to record all my programs and then hope the revolution is short enough so that I don't run out of space. Or I have to hope that Amazons server farm wasn't next to Skynet.

Or. Get this. I live a simple frugal life with little or no debt and save as much money as I can. If there's to be a overthrow of anything, let the bankers figure this shit out for themselves. That's why they get paid the big bucks.

Fri, 02/06/2015 - 20:35 | 5753945 Utah_Get_Me_2
Utah_Get_Me_2's picture

Bingo brooklynlou. The masses are drugged, hypnotized and worst of all propagandized.

Fri, 02/06/2015 - 23:04 | 5754390 brooklynlou
brooklynlou's picture

Dude. I'm being honest. As long as they're not building ovens like the last Bunch of knuckleheads did I really do not give a rats ass about the latest episode of "As the Banker Turns".

Sat, 02/07/2015 - 11:05 | 5755467 MsCreant
MsCreant's picture

What if what they do makes your currency valueless?

Fri, 02/06/2015 - 21:00 | 5754021 in4mayshun
in4mayshun's picture

That's a nice fantasy but unfortunately the bankers have already figured this out between themselves. They have compounds in other countries waiting for them once the collapse is imminent. Meanwhile we'll be left to pick up the pieces of what's left.

Fri, 02/06/2015 - 18:18 | 5753440 rksleung1
rksleung1's picture

They are not clueless. They know what they're doing. They are serving the banksters and only for the banksters at the sacrifice of all people in the EU.

Fri, 02/06/2015 - 18:19 | 5753444 Kaiser Sousa
Kaiser Sousa's picture

i want this mother fucker to stop talking and DO SOMETHING GOD DAMMIT...

he's got all the leverage he needs...

GREXIT MOTHER FUCKER!

Fri, 02/06/2015 - 18:25 | 5753471 MsCreant
MsCreant's picture

If he is for real, it can't happen in one day. There are steps to these things and the Greeks will be the first one's doing it. They joined a union, but there is no process in place for leaving it. It will be invented here. 

And then Spain.

And then Italy.

If this guy is for real, you have to see him as having a machete, cutting his way through absolutely unexplored, wild, territory. Done well, it creates a path out for everyone. Maybe us too.

Patience Kaiser, patience. 

Fri, 02/06/2015 - 18:30 | 5753489 new game
new game's picture

like slobbering all over the place, give that man a beer! something, a qualude? perc? settle the fuck down-hehe, ha...

Fri, 02/06/2015 - 19:50 | 5753510 Kaiser Sousa
Kaiser Sousa's picture

i appreciate the call for equinimity....

but i pissed and flat out of that shit....

DEATH TO THE MONEYCHANGERS.

 

cheers MsCreant...

Fri, 02/06/2015 - 19:50 | 5753763 Kaiser Sousa
Kaiser Sousa's picture

PHOENIX — Calling it a "constitutionally protected right,'' a House panel voted Wednesday to allow — but not require — the state and businesses here to accept gold and silver coins as legal tender. Rep. Mark Finchem, R-Oro Valley, said the problem with a system based solely on federal reserve notes is that it is subject to inflation. Put simply, the buying power of each dollar decreases over time. He said HB 2173 protects against that. "When we have a fiat currency that is continually bouncing up and down relative to the price of oil and other market conditions, we are at risk,'' he said.

But the real purpose of the law appears to be to protect those who invest in the coins from taxes. Right now gold and silver is treated like any other commodity or stock. If someone buys something at $500 and sells it at $1,500, they have a capital gain of $1,000 which is taxable.

There is nothing Arizona can do about the Internal Revenue Code. But SB 2173 would spell out that the buying and selling of such coins is not an investment under Arizona law and therefore not subject to state capital gains taxes. That factor concerned Rep. Bruce Wheeler, D-Tucson, who pointed out that no one knows what the state might lose in tax revenues. But the measure was approved on a 5-2 vote by the House Committee on Federalism and States' Rights.

A similar measure was approved by the Legislature in 2013 only to be vetoed by Gov. Jan Brewer who expressed similar concerns. That leaves Utah as the only state with such a law."

http://tucson.com/news/state-and-regional/arizona-panel-oks-gold-silver-...

DEATH TO THE MOENYCHANGERS.

Fri, 02/06/2015 - 18:48 | 5753549 samsara
samsara's picture

Ms C.  

"... It can't happen in one day."

Have a read of this.     

 

Have A Little Faith In Blotto

http://www.theautomaticearth.com/2015/02/have-a-little-faith-in-blotto/

 

Fri, 02/06/2015 - 19:19 | 5753664 Cloud9.5
Cloud9.5's picture

We tried that once.  Sherman showed up with a match.

Fri, 02/06/2015 - 21:32 | 5754140 Tall Tom
Tall Tom's picture

With BKBroiler's post last night there is no more time for patience.

 

The time for writing is over.

 

It is time to destroy. Project Mayhem..

 

Now that it is getting dark, once again...

Fri, 02/06/2015 - 22:25 | 5754270 shovelhead
shovelhead's picture

Ms,

You are right, there are steps to these things, and the partners have to learn them...

https://www.youtube.com/watch?v=4UV6HVMRmdk

Sat, 02/07/2015 - 13:15 | 5755734 MsCreant
MsCreant's picture

Good clean fun!

Fri, 02/06/2015 - 18:37 | 5753516 Volkodav
Volkodav's picture

it is long game

Russians know that

"This War has just begun"  Kutuzov

wait

Fri, 02/06/2015 - 18:19 | 5753445 freddymercury
freddymercury's picture

This guy can talk but he better deliver....

Fri, 02/06/2015 - 18:29 | 5753483 MsCreant
MsCreant's picture

Is this real life? Or is this just fantasy?

Caught in a landslide; no escape from reality.

Open your eyes, look up to the skies and seeeeeee!!!

Fri, 02/06/2015 - 20:14 | 5753858 brooklynlou
brooklynlou's picture

Is that you John Wayne?

Fri, 02/06/2015 - 20:20 | 5753889 stocktivity
stocktivity's picture

I'm just a poor boy

Fri, 02/06/2015 - 20:52 | 5753998 DaddyO
DaddyO's picture

I need no sympathy because I'm easy come, easy go, little high, littl low.

Anyway the wind blows doesn't really matter to me.

Probably not gonna matter to the greeks in the short run either, but long term, Greek Lives Matter...

DaddyO

Fri, 02/06/2015 - 21:11 | 5754060 Tall Tom
Tall Tom's picture

To quick for me DaddyO...

 

and it really does not matter...to me.

Fri, 02/06/2015 - 19:03 | 5753613 MEAN BUSINESS
MEAN BUSINESS's picture

Like a freight train ; )

"when    LOANS     brea-a-a-a-a-k     up ..."     (h/t Youri Carma)

Breakthru/The Miracle/QUEEN

Fri, 02/06/2015 - 18:19 | 5753446 papaswamp
papaswamp's picture

Europe must have taken a hit of coke. First they tell Greece you have 10 days or fuck off. Now they tell Russia, do the peace deal or we provide arms to Ukraine ( aka or fuck off). Almost like they want to drive Greece to Russia and start WW3....

Fri, 02/06/2015 - 18:22 | 5753459 Carpenter1
Carpenter1's picture

The crash is a planned event. FED will raise rates too, don't doubt it.

Fri, 02/06/2015 - 19:44 | 5753740 SofaPapa
SofaPapa's picture

It's beginning to look this way, isn't it?  I think they know they have extended as long as they can, and now they claim victory just in time for "external events" to wreck the genius they were engaged in.  The question, as it has been all along, is how many still believe this story?  Enough that the show continues...

Fri, 02/06/2015 - 22:00 | 5754203 Calmyourself
Calmyourself's picture

Of course it is planned many of us have opined on that certainty.  The money has been printed the assets have been bought, Smithfeild will ship our swine to China, we will be starved out.   But the show, the show they will put on to blame Russian bankers on Wall Street, ISIS to provide the muscle, DHS and federals agencies to police the homeland oh, yes they are all ready now..

Fri, 02/06/2015 - 20:19 | 5753884 brooklynlou
brooklynlou's picture

Got to love German long term thinking. For a socially cold people they're really an irrational hot mess underneath.

http://www.amazon.com/WHY-THE-GERMANS-LOSE-WAR/dp/1853673838

Sun, 02/08/2015 - 06:40 | 5757918 Dave
Dave's picture

If Russia attacks Turkey from the rear would Greece help?

Fri, 02/06/2015 - 18:26 | 5753452 new game
new game's picture

i hope he has a tad of austrian economics in his brain...

Fri, 02/06/2015 - 18:32 | 5753494 MsCreant
MsCreant's picture

I believe this FinMin has been a guest on the Max Keiser Report a number of times before he got this gig. While that is no guarantee of anything, I do find that interesting. Dare I say, encouraging.

Fri, 02/06/2015 - 19:01 | 5753604 Seamus Padraig
Seamus Padraig's picture

One worrisome datapoint, however, is that he was a resident at the Institute for New Economic Thinking in New York, which was founded by--wait for it--George Soros.

So let's watch closely what he actually does.

Fri, 02/06/2015 - 22:33 | 5754301 Dapper Dan
Dapper Dan's picture

Get to know this guy Yanis Varoufakis, the following discussion is from 2011.

1:34 min. long but well worth the time.

I like this guy, I do not belive Karl Marxs would have, but I didn't know Karl Marx

 

https://www.youtube.com/watch?v=iVxaTC7Qp44#t=56

 

Greek philosophy seems to have met with something with which a good tragedy is not supposed to meet, namely, a dull ending.

Marx, Doctoral Thesis, Chapter 1 (1841)

Fri, 02/06/2015 - 18:42 | 5753530 NotApplicable
NotApplicable's picture

From what I know, he's as incoherently socialist as the rest of them. I'd loved to be proven wrong on this, though.

Fri, 02/06/2015 - 19:17 | 5753651 Harbanger
Harbanger's picture

Maybe he's like a Libertarian Marxist or something.  The level of simple minded naiveness here astonishes me.  It only takes a few sweet words and they drop their drawers.

Fri, 02/06/2015 - 20:30 | 5753918 new game
new game's picture

if it is a greexit, they are still fucked with a socialist leading an entrenched socialistic populance.

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