This page has been archived and commenting is disabled.
Yanis Varoufakis Sums Up Europe In One Sentence
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
»
- 57719 reads
- Printer-friendly version
- Send to friend
- advertisements -
Socialists vs Commies. Same as WWII Europe. No opposing ideology, just different levels of control over the plebs.
NA, always read your posts, but I must ask you,
"From what I know..."
Could you Post the links of the articles that lead you to that stance, I would like to know more about him myself.
I hope he won't be flaying over Ukraine on his way back from Germany to Greece ;)
They'll always have Ukraine though!
I love this guy. He nails it. The EU hates truth tellers that expose them for the dangerous parasites they are.
so umm you know he's a communist right? SYRIZA in Greece is the "coalition of the radical left" Does that sound like free markets and libertarians to you? so ummm is zerohedge becoming a bastion of communists now (i jest)? i thought zerohedge was supposed to be about libertarians and free markets. communists do not support free markets.
so, you can love him all you want i have zero problem with your individual preference, because, yes, i am libertarian and if you want to love communists that is purely your freedom to do so. but if you claim to support free markets and libertarianism then you cannot love the guy, and you cannot love the radical left, communists, or communism, in good faith.
People can have different politcal ideologies and still be allies on particular projects.
That's right Ms C. Watch what he does, Not some label others tag on his back.
Why does the left HATE labels?
Ah, the 25 Rules of Disinformation #4 & #5.
http://www.globalresearch.ca/twenty-five-rules-of-disinformation/24889
How do you know What the fuck I am? Making a accusation upon a non existant fact.
So, let me ask you,
Have you stopped beating your wife yet?
I ask a question and the lefty labels me a wife beater. You gotta love it.
again THINK before you hit the SAVE button....girlie
Ya, in WW2 didn't we team up with communists?
Worked out OK
"People can have different politcal ideologies and still be allies on particular projects"
That's the muzzie "enemy of my enemy" BS. It's never worked, as once the common enemy is brought down, the stronger of the remaning two fight to take take full control. This is why the left is now allied with the muzzies against capitalism. Wake up Girlie, those that benefitted the most from the old system have the most to lose under the new one.
i would say "Wake up girlie" to you....THINK before you hit the 'save' button.....girlie
Never saw you post before GF, do only come out for the radical left?
OK so what is your point?
If anything, this illustrates how far off the rails this train has travelled when the formerly radical becomes increasingly rational.
Ridin that train, high on cocaine, Casey Jones you better watch your speed...
I judge a man by his deeds, Not some rhetoric about labels.
So far everything he has said and DONE seems like the right direction.
I've seen Republicans, democrats, libertarians and every other 'Label' who were worth shit.
I even have seen a guy win a Nobel Peace prize commit war atrociities.
Us vs Them. Bull shit. That dog don't hunt no more with me.
You might be a good guy or you may be an asshole. and EVEN while proclaiming to be a Libertarian.
I don't believe in 'Labels' anymore. Show me what you have done not what your label says.
Rhetoric aside, he's seemingly for government to be in charge of everything. As long as it's his government.
Otherwise, I like what I've heard from him so far as well.
"I judge a man by his deeds, Not some rhetoric about labels."
Agreed. So much name calling to avoid serious investigation. My favorite is "conspiracy theorist". After this name calling, no assertion requires any investigation. It's case closed.
You got it Atticus.
All someone has to do is say "He's a terrorist".... or Joe McCarthy "He's a Communist"
As Dylan once said, "... Private Reasons Great or Small, Can be seen in the eyes of those that call
To make all that should be killed to crawl"
If he were a Libertarian, he'd be labeled a Racist by the left. Get over yourself.
Me thinks you wave that Libertarian badge a little too much. Defensive are we? Feel a little persecuted?
there is no one "right" economic system. look at the logical end to capitalism leads to monopoly. communism starts off as monopoly and ends in capialism. both get corrupt, capitalism at its end and communism at the begining. just a circle round until human nature changes the cycle will repeats. by the way, he has stated he is marxist.
What are you talking about? Exactly how does freedom to own the output of your own labor lead to monopoly?
Without the coercive force of government, monopoly has no means to exist. Mischaracterize capitalism all you like, but that can never make the impossible happen.
Without a government and state you would have to stand and deliver at every bend of the road.
The fruit of your labour would be high nooned every day, unless you were a bigger crook than the crook who tried to live off your labour.
Live like an Apache, die like an Apache. They were the orginal libertarians.
Look what civilization did to them !
In civilization there are two types of monopoly : private and public. The private is overtly violent and makes its laws in tribal clans, the public hides behind a state and a set of rules called Laws. Its the latter that has survived by Darwin's Law! Not the tribal Apache!
Pity for the delusional libertarian. History is a bitch.
“If I had been downright honest with myself… I would have seen very plainly… who was to be the absolute dictator” – Moby Dick
falak pema
Well stated.
Nothing else to say.
fp +1million for apache ref. they had no written laws, unaccetable behavior evoked being driven from the tribe- most likely a death sentence...
also if they expanded their territory and got too "thin(defense)" or inefficient/population vs availibility of(food), the contraction was inevitable.
beam forward - let the games begin as the fields and woods will be strewn with bloody once angry matrix inducties full of misplaced liberty(nationalism).
you seam to be stuck in theory-symbols than the plain observation. china is turning capitalistic, the us is turning communistic. do you not see that? success leads to failure and failure leads to success. that is the natural law. if you do not allow failure you will fail. if you accept failure, it leads to success. nature is funny that way.
I like what you are saying. It is perfectly logical. Unfortunately, you are debating individuals that are certain the chicken came before the egg.
Where does your perception come from that zerohedge is libertarian. Zerohedge is pro-russian that is the only thing that underpins every article.
It is libertarian to attack the American government and establishment.
It is communist to attack the EU.
If zerohedge would be conistently libertarian it would have to support the Troika in Greece since they actually try to implement free-market mechanisms.
Some times when you call it as you see it doesn't necessarily make you pro anything.
yah ZH is anti everything. it's very zen that way. negate everything you know then you will know the truth.
Some times when you call it as you see it doesn't necessarily make you pro anything.
Yes it does. It makes you pro-TRUTH as you abandon Truthiness for TRUTHFULLNESS.
Declaration of the truth neither means that you support that which is true, or, reject that which is true.
For instance when I REPORT that Obama is the current USA President, even though I cannot stand the lying, son of a bitch, queer bastard, does not in any way, form, or subseance mean that I support his illegally obtained presidency. Because the truth is that I do not support it.
Yet it does not change the truth, does it?
Based on your last sentence,
If zerohedge would be conistently libertarian it would have to support the Troika in Greece since they actually try to implement free-market mechanisms.
you have a tiny mind and are completely out of it.
But hey, it's Friday. Maybe you'll make more sense when you sober up!
Troika tries to implement free-market mechanisms??
Free market mechanisms, in the true sense of the phrase, are what scare the shit out of the bastards.
cry us a river
lol - posters here love this guy and buy at face value that he is some type of super hero, full of integrity, doing it for the children with no ulterior motive - did they forget how greece landed in this situation
If what he does causes the first domino to fall, whether by design or accident, it will be a good thing.
ummm
yes sir, the political arena is so chock full of superheroes, full of integrity, doing it for the children, not spouting off what their PM tells them to say.
Golly, how's a fellow supposed to tell the difference between the good superheroes and the bad superheroes except by prima facie punctilio?
Well, Merkel didn't forget how Germany landed in its situation, as she is still giving the Jewish children of the Holocaust, the tax receipts of the German children of Nazi Germany for an event 70 years ago.
Life is too short to wait for the pudding to cool.
when you are starved of truth, you go a little overboard when you see glims of it.
communist, capitalist, fuckitallist.
you can be whatever you want - you can call yourself barack fucking insane obama.
time for you j. edgar hoover assholes to stop and get out of the closet.
it doesn't matter what you call yourself.
it matters how you live your life and treat other people.
stalin was a 'communist'. really? no. that was his name. etc.
i don't think you will get that.
there is nothing wrong with any of it, just who procures the name and then abuses the concept and the people.
the united states practices 'capitalism and democracy'? really? you are dumb enough to believe that?
besides which - you are dumb enough to believe that is really the best system?
ok. you bought in. good luck buddie.
He nails it? He nails it? He nails it!
Yanis you can do it. Kill the banksters:
A special message to Yanis Varoufakis
https://www.youtube.com/watch?v=qztuEucrNBc
After following this world crisis since 2006.....
finally someone is speaking their mind and telling the truth......
And NOW they have a deadline......10 days.
Greece to leave.
Go Greece lightning you're burning up the quarter mile
(Greece lightning, go Greece lightning)
Go Greece lightning you're coasting through the heat lap trial
(Greece lighting, go Greece lightning)
Who could have known that a Phoenix could take flight out of tthis , soon to be, EU crematorium. Anyone have a match?
"...proud European nations..."
WTF. Talk about misplaced pride. Greece has defaulted on it's debt four times in the lats 100 years. So they are proud that they aren't bright enough to deal with budgets and handle money? Some countries have gone to WAY too many self esteem classes.
Greece - Get out of the EU and stop crushing your people with your socialist/fascist government.
America has defaulted twice that I remember. Maybe more.
And we should be "proud" of that? Yes, libtards - Obama et al - are proud of defaulting on debts but they have mental problems. Normal, well adjusted, people are not proud of not paying back what they borrowed. They are not proud of spending themselves into bankruptcy.
Everybody gets a GOLD STAR!!!
Richard M. Nixon defaulted on US Debt on August 15, 1971, by suspending the redemption of coupons for promised Gold.
Yes the Libtard Republicans can celebrate that DEFAULT. You celebrate that DEFAULT, right?
Perhaps the Auto Paint Shops are gonna be lovin' some if they decide to egg some brand new cars because of your troll statement...
It is funny as most people get away with this...Cops just take a report so that an insurance claim can be filed.
Mu uncle was a San Diego Sheriff Deputy. He let me know that this was NEVER investigated.
Fuck the insurance companies. Small bleedings will kill the beast. Death by a thousand cuts...
The debt that the country got before I was even born is none of my fucking business. So yes I am happy if we default on it. Maybe one day, countries will start living within their means.
(Spend only what you earn, and keep some for the future)
"The debt that the country got before I was even born is none of my fucking business."
Agreed.
So you say that you are happy to help pay back the $8 TRILLION that Dear Leader Obama racked up over the past six years. Or are you a three week old, able to read and type, posting on ZH, so all U.S. debt was accrued before you were born?
The vast majority of the U.S. debt was racked up over the past 20 years. Morons keep voting for more of it.
Aug.15, 1971, and in 2008 bailouts for TBTF ?
very cool quote. too bad he's part of SYRIZA and the radical left of Greece, i.e., the communists. because communism is deeeeefinitely the solution to Greece's problems... not lesser taxes and free markets or any of that Austrian economics stuff.
Maybe just maybe they sided with the communist left as a front to get elected, Something Ron Paul should have done.
Just a theory
The left/right bullshit is a smokescreen. How about looking at each situation and making a decision. Sometimes it calls for a solution that leans left, sometimes right. If you keep going left or for that matter right you end up going in circles. Like any good sailor knows when you are heading into the wind tack right, then left. The new Greek government may surprise you and do just that. Save your one size fits all bullshit at the dock.
No need to exit. A managed default. Looking to see the list of who is holding how much paper.
OK. I think I have my first man-crush. What is the proper protocol on a first date?
Stateside.
step aside stateside' - HE IS ALL MINE!!!!!! now i think it is a greek custom to use tongue on the first man-crush date!
YOu may want to first initiate some Zorba, Sirtaki dance to warm him up.
don't suck his dick
Why, Obama would.
I call CRAP on the Greek boo hooing.
1. They didn't get out of or just end a war, so cut the WWII German debt shit.
2. Greece ran their credit card to the limit and then some. No one twisted their arm.
3. Since the election Greece has not prosecuted any government or banker for the shit they are in.
4. In the last 4-5 years Greece has not fixed their tax collection or their nepotism problem.
You refer to the Greek Kleptocrats not the millions of ordinary Greek citizens who bear the brunt of the Troika. How many American bankers have been prosecuted in the last week or two not to mention the last seven years.
You are either a shill or brainless.
America has it's own self made mess and a few banks have been prosecuted and didn't borrow money from some shit union.
Show me where in the last 5 years Greece did anything to fix its' core problem(s) instead of blaming the lenders.
i vote for SHILL and besides theyve only been in for 2 weeks
Another great point AF. AMERICA is bankrupt(it would be greece if it didn't have the Reserve Currency).
All of us American share the blame sure, but NOT as much as those who acted without our concent to put us there. Joe average paycheck who ain't got time to understand CDOs or derivatives ain't nearly to blame as Jamie or Lloyd or Obama or Georgie
Well there is that. On the other hand a lot of the borrowed money went to the Greeks so they could buy German Mercedes and other neat stuff which helped the economy of Germany immensely. They payback thingy does seem sticky, though.
No, most of the money went to Greece to buyout Greek debt holdings of private French,Dutch and German banks.
These new creditor positions, now known to be clearly lending to a bankrupt Greece, were assigned to the European public.
Scheuble can stop pretending - he did his job. Let the democratic govts of Europe take the loss to immunize the powers behind the curtain. Or he can continue and take down a democracy/central bank combo along with Greece.
The greek economy is insignificant to Germany. Germany sells more cars in China than in Greece in 50 years.
CDS
Ever read about that? Do you even know what a Credit DEFAULT Swap is?
The German Economy will crumble, along with the rest of the Western Nations' Economy, with a Derivatives Market Meltdown.
Even Warren Buffet, a man who I despise, stated correctly that, the Derivatives Market ",,,is a Weapon of Financial Mass Destruction".
How LEVERAGED are Greek Bonds? Who holds them, who bought them, and at what rate are they levered?
If German Credit Markets FREEZE as a result then they will not be selling any cars to anybody...NOR WILL THE UNITED STATES or that matter. Yes it will directly AFFECT YOU as there will be NO CONTAINMENT.
You are trolling. You do not belong here. You have no clue, whatsoever, as to the instability of the House of Cards, which is what the entire Financial System is.
Being an ignorant outsider, with no skin in the game, is DEMONSTRABLE by YOUR insipid and shallow comments. That fucking lame statement exposed you, naked man.
Go and autofellate as I am certain that you can because of your lack of a spine.
My address is
12223B Woodside Avenue, Lakeside, CA USA. I do not choose anonymity. You can choose to visit anytime that you'd like. Bring your guns spineless man. Show your Iron and Lead.
Go back to Yahoo, Drudgereport, or HuffPo.
Put up or get the fuck of my porch.
whole lotta hope and change goin on around here lately...
NEVER trust a politician...
Let's take a trip back in time shall we.
http://www.fxstreet.com/analysis/the-european-debt-crisis-chronicles/201...
"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."
Sometimes it's necessary to raze the Nation to save the Nation!...
And trust me.. The Europeans in power ain't the ones doing this, as they have U.S. military facilities in their own Countries!
And trust me:
bts
Well done!
Sometimes they even carpet-bomb them for real, but that is for defenseless muslim nations.
Or shell them in the hope of killing them all, like in Eastern Ukraine.
Is his food-taster convulsing yet?
Funny they appointed a guy holding a molotov cocktail
Funnier still the ECB postion: "borrow more or we'll boot"
the ECB is like a bunch of Heroin dealers--"keep buying it from us-and pay us back with this schedule or else"
Inb4 suicide by multiple nailgun shots
There is your first
http://www.reuters.com/article/2015/02/06/siemens-neubuerger-suicide-idU...
Siemens was implicated in the Greek scandals over almost everything. And the Germans had the audacity to accuse the Greek people over these allegations when they were in fact bribing top Greek Politicians especially the ones that spoke GERMAN. Like Evanggelos Venizelos
We are awaiting the next Suicided individual that Of Christoforakos A Greek German Collobarator His Father was one in World WAR II.
The Greeks asked Germany to Extradite him but the German Courts being Proper and Correct REFUSED HAHAHAHA.
So maybe, he is going to commit Suicide by NAILGUN.
a financial minister and he knows the meaning
of financial terms, apparently unprecedented in the
history of the European Union? no signatory in
good grace can be or become "bankrupt"; merely
discharge the debts and losses to the represented
and have them put up their assets and asses to the
auction block. if the representatives do so they
never run into those nasty terms economists struggle
with, especially that "bankrupt"
term. ya see, that is a term that his peers have
been desperately trying to extinguish for a tier
o' the financial and, especially, monetary structure.
they have created an entire shadow structure of derivatives
to guarantee that this bankrupt term never be heard of
again, as long as you stay in the good graces of the
monetary and financial authorities who very much would
like to enjoy the fruits of your austerity; for them,
however, the world is an oyster or two and free travel,
wine, dine and nothing but the best that power and leisure
have to offer.
.
the world makes perfect sense.
.
Rolling Stones Midnight Rambler,Live 1973
https://www.youtube.com/watch?v=PJsL8Zbs1X4
.
Max Keiser and Yanis Varoufakis retrospective
Posted on February 6, 2015 by Stacy Herbert
Read more at http://www.maxkeiser.com/2015/02/max-keiser-and-yanis-varoufakis-retrosp...
This is a great clip, blindman. Good catch, thanx for sharing it.
From the video clip:
<<MAX KEISER:How many more black holes do you expect to be found in the Greek financial universe before it’s all over?
YANIS VAROUFAKIS: It really depends on whether Germany is ready to let the eurozone go. Taking that bailout loan was the equivalent of collective suicide. National sovereignty is a thing of the past until and unless some new Greek government can simply say No to the bailout loans that are being on offer to the Greek social economy.>> [beginning at 7:30 in the clip]
As this clip is a “retrospective”, it would be interesting to find the date this part was originally aired.
Anyway, some good stuff. Not a bad spend of 8 minutes.
Tom Waits - Barber Shop
https://www.youtube.com/watch?v=llw6BNgWt1Y
.
as has been said, it has all been said. "pjb"
.
remember?
Tom Waits - Train Song
https://www.youtube.com/watch?v=C5HTx758IpE
Three American Snipers were seen deplaning in Athens on Wednesday.
"See that bald guy that looks like Spock? He's a savage. Hop to it..."
Yes, but, .....
How much evidence is needed to see that debt in the Eurozone is used like a leash which is getting shorter by the minute. EU masters love serfdom of indebted countries, they love to get them on the ground and they wholeheartedly enjoy getting upon them pushing a knee hard into the victims back.
Big man crush right now...
that participation rate to earnings power chart is the million dollar chart, a conspiracy of stupidity, equally distributed across the planet...but that never stops the critters from trying, again and again and again.
Come on, fire up those old Drachma printing presses already.
This ought to be good for the VIX, and some triple leveraged Euromarket ETFs.
I'd like to see those wheelbarrows carrying Euros this time. That will teach the Germans a lesson.
Varoufakis' quote
is the kind of comment we pro-Russian, pro-Putin posters get from the better bloggers on our side here at ZH.
I wonder if Tyler could prevail on Yanis to sign up and enlighten us from time to time?
This man is serious as shit. Don't fuck with him.
But could you say; serious as a heart attack.
Maybe serious as cancer and twice as deadly it looks like to me
Or serious as a nail gun maybe?
(Seriously, how could a guy commit suicide by repeatedly shooting himself with a nail gun? You would think that after the first 'thunk' he would go "ow" and stop and rethink the whole plan. But nope, he kept pulling the trigger till he passed out and died. For a rich banker dude intent on suicide you would think he had access to things like real guns. Stuff that would get the job done on the first trigger pull. But nope. He really wanted to enjoy the experience of the nail gun. It's like going to Disney World. You just have to go on Space Mountain.)
Oh come on! When LaGarde gives numerology reports at the CFR meetings, you can't really think these people are planning a meltdown that will benefit them! They're in the end game.
You don't think they made an African president and women heads of the IDF and the Fed because they just became enlightened despots, do you?
The only power the Satanists ever had was the secrecy that kept them bound. In my mind, when they all start playing the blame game (Greece), that's when we'll know to start the popcorn.
Here's one for you, you inbred privileged weirdo bankers. The Age of Pisces, (Pisces ruled by Neptune, being the planet of deception), has passed and the Age of Aquarius has started.
It's over.
If all EU nations would behave as Germans, EU would be best place to live on Earth.
If all nations would behave as Greeks it would collapse immediately.
the main problem of Greece is that they are not competitive, because they spent future money ( live from debt ). Now they are accustomed for higher living standard they could afford.
These addicted people simply ask for help, for benefits. But the solution is to live more
The worst thing is that Greeks are supported by much poorer EU countries like Romania, Bulgaria, Latvia, Estonia, Slovakia, Poland, Czech rep. .... peoples in these countries have much lower living standard but they are much more frugal, instead of requiring support from others they care to work more, to be more productive... and this makes thair job more secure than in Greece.
Simply put lower Greek productivity must be reflected by lower earnings, if they do not accept it voluntarily .... Grexit is necessary...... week Drachma will do this automatically.
Grexit is probably best solution for all EU, I wish Greeks best luck.
Greeks wish to abandon austerity but stay in EU is like children's dream to build perpetum mobile. .... please wake up, you can't have everything.
Syriza made a lot of promises but I do not believe they are really prepared for Grexit.
"If all EU nations would behave as Germans, EU would be best place to live on Earth.
If all nations would behave as Greeks it would collapse immediately."
Maybe that's the point. MAYBE it's time NOT to have each nation "BE LIKE US" Maybe it's time to let them "BE LIKE THEM" in their OWN country.
Their OWN style of gov. Win/Lose , Pass/Fail on their own, voting and living by their own rules.
MAYBE it's time to let each area chose for themselves. NO GRAND UNIFICATION of EUROPE or whatever region.
The Greeks are just the worst of a bad lot. Germany is no better. They are paranoid hyperinflationists, bent on taxing the crap out of their citizens. 50% of German municipalities are broke. The AVERAGE taxpayer pays more than 50% of their income in tax. Germany? Are you kidding?
Stop with the lazy intellectual bullshit. Just because your radio or T.V. told you that the Greeks are a bunch of underworked, overpaid, retiring at 40 with full benefits, low rent bastards doesn't make it true. This whole Greek debt fiasco is because billions and billions of private debt was dumped on the public balance sheet. In short, big banks, particularly German banks, were made whole at the expense of the Greek populace.
Greece, Spain, Portugal, Italy, and Ireland all bailed out massive private entities and the public in each of those countries must bear the burden of that debt. The socialization of bad private debt. It really is some sick sadistic shit.
I'm sure as a true capitalist, you abhor this practice.
sure...the big kid picking on the little kid
Most greek debt is held by greek banks, not german banks. So you are just another liar.
Besides Greece is very much different to Ireland, in that Greece was bancrupt not because of taking on debt from private banks, but because it spend too much money over decades.
And now they are doubling down on their old habits.
BS - Ireland joined the EU and it was a complete clusterf@@k of lending to any Paddy with a breath - sober or not. If you'd care to look at the list of Irish debtors and where the money went it's laughable guys were shop owners and next they're 'property developers' for 100s of millions.
Give me a break
Again, your radio lied to you. Deutche Bank, besides receiving a bailout from US taxpayers, specifically received bailout funds that were laundered through Greece. Please refrain from commenting on important matters which you know nothing about. Also, stop carrying water for the socialists who have made all those countries I've previously mentioned, and that includes your Ireland, responsible for their bad private debts.
However that still not means that german banks received most of the loans, you liar.
Greece went bancrupt because it spend too much, that is a fact that will stick, whatever you will come up with.
"... behave as the Germans". ????
You ever been there? I have never heard anyone say "ahh Germany - the good life". Just let them make cars and shite - but let's not pretend we want to live with them
Varoufakis is like the boy who blurted out "But the king is naked! He is not wearing any clothes!" Can the "adults" in the EU continue to maintain the fallacy of EU prosperity and fiscal soundness when even a child can see that it's fake?
Varoufakis is telling intolerable truths to The Powers That Be:
1. Greece refuses to make more sales of Greek assets to meet the Troika's IMF "privatization" agenda;
2. Greece is bankrupt, like the rest of the PIIGS;
3. Greece will not borrow more from the Troika to keep the pretend and extend game going;
4. Greece will never be able to pay back the "bailout" debts, so they will not be paid;
5. The European Commission, the EU politicians and the Troika are all playing a game of "Everything's fine with the EU economies and finances, go back to sleep";
6. Rome is burning while Draghi fiddles - QE is just monetary and fiscal masturbation;
6. The EC king has no clothes.
How are the Troika and EU politicians going to bluff their way through if the public realize the EU is broke? How are the markets going to cope if Greek default triggers default conditions on a $Trillion worth of derivatives?
"How are the Troika and EU politicians going to bluff their way through if the public realize the EU is broke?"
Nobody really knows if the EU is broke because their accounts haven't been signed off for at least 8 years, possibly 11. British ex-Labour Party Leader Neil Kinnock - aka "Neil Pillock" aka "The Welsh Windbag" - was sent over there to sort it out but completely failed and climbed aboard the gravytrain instead.
The EU is run by a gang of self-serving fraudsters.
Je suis Yanis Farofffuckits
The Greeks are different from the other Europeans. But don't start buying into the blaming the victim BS. Listen to the Tony Gambino interview.
#PrintDrachamsASAP
Comandante Varoufakis went to Merkel begging.
Merkel declined.
He is upset.
Ok
<------clueless
<---- deceptivly evil
I'm wondering how a GS alum didn't get ushered in there? TPTB slipping up?
If other poor European nations can pay their debts then so can you.
Stop winning.
Varoufakis said this back in 2013, long before he became Greece's Finance Minister. Bad form for ZH not to point that out, since most readers will now naturally assume it's a recent statement. And there's a BIG difference between him saying this way back then and him saying it now, in the midst of desperate negotiations.
http://yanisvaroufakis.eu/2013/10/25/the-dirty-war-for-europes-integrity...
You are right to a degree, but come on 2013? What was that, a year and a half ago?
You make it sound like he said it when he was in high school.
It could have been two months ago, and it would still be ancient. It was before he became an official Greek spokesman, that's the crucial distinction.
Theatre. If he were "for the people", he'd arm them like the swiss and go bimetalic.
The only ones clueless are the Greeks for electing this fool. They got a bailout which they begged for, and now they're whining about the terms ( after accepting them and getting bailed out ). Austertity isnt causing their pain, their collapsed socialist economic structure did. Austerity is the result, not the cause. Greeks, pay your damned debts and stop whining!
After this little experiment is over this guy will be back in another cushy teaching job in America while his countrymen are living with the consequences of this kabuki theater. Besides begging for loan forgiveness, what is the actual plan to save the Greek economy? More socialism? Outright communism? More handouts? WHAT IS THE PLAN? Show me the math.
Compare this guy to our two boneloving clowns...Geithner or Lew... The greek should be careful around tall buildings...
What is "a clueless political personnel"? No such creature, not in the English language. My guess is he means "a clueless political clique."
Ruskies would be well advised, instead of relying solely on what they learned in high school English, to run their transations by a competent translator. Especially before they meme it.
Light the torch of liberty.
Stay the course.
Socialism is communism's fiscal ambush on capitalism. Fiscal decadence.
THEY ARE NOT CLUELESS - Clueless people can't write complete sentences and make up speeches. Folks they KNOW what they are doing.
Read Atlas Shouts, I expose the KNOW when to change the topic to avoid discussing key issues, so they KNOW what they are doing.
http://www.amazon.com/Atlas-Shouts-Modern-Patriot-Action/dp/1458217566/r...
Meh - Clueless people expect the masses not to question policy regardless of how badly it fecks 'em over -
The emperors new clothes - once one country starts laughing ...... Game over
What does Varoufakis expect from Europe? The whole of Brussels and much of EU members are stuffed full of self-serving mindless morons, aka socialists. Take your pick.
The very odd thing is that he and Tsipras are also socialists but aren't behaving like them.
Labels are not how people form alliances.
It depends on the goal.
hey, aren't you dead and buried in Paris?
The goal is for the EU to take over Greece for the sun/islands and oil/gas/gold don't ya know! maybe even the goats for their satanic rituals?
"It depends on the goal."
We'll have to Take It As It Comes and wait 'till The End of discussions.
Strange Days we are living in.
BURHNNN! Ooo Yannis called it!
The plan is a Russian pipeline through Greece and gas reserves off the coast of Greece. No gas, no Europe.
Not bad odds.
Look at this man...he has testosterone for blood....much like Putin....the look that says: "Your days are numbered, assholes!" meaning the Banks
while he has a LOT of charisma, he is fighting a losing battle...GREECE is broke and broken...the EU reptiles dont give a damn about them, other than getting their grubby fingers on their islands and oil/gas/gold reserves
Greece had a chance before they went all socialist, ya know
This is going to be fun to watch this unfold.
They can't kill him at this point. If they did, they'd have Spain, Italy, and Portugal instantly blow up right in their fat, greasy, grade AAA steak eating faces. This way, the inevitable will still occur but at a more 'controllable' rate.
BS, does he drive a car, fly in a plane, ride a bus, walk on the sidewalk? accidents happen...
So does Payback.
He meant they couldn't afford to kill him now. Not that they physically
Couldn't
So, when's he going to be appear on Conan's show?
"There is pride before the fall." Holy Bible - King James version
"And Jesus entered the temple and drove out all those who were buying and selling in the temple, and overturned the tables of the money changers and the seats of those who were selling doves." Matthew 21:12