Varoufakis had a very important take: that Europe needs to learn to survive post-EU.
From the Euroskeptics to the anti-imperialists, everyone wants the EU dead. Sadly, I tend to agree with them more and more.
From the Euroskeptics to the anti-imperialists, everyone wants the EU dead. Sadly, I tend to agree with them more and more.
Wasn't he the Greek Minister of Finance that was supposed to be a game theory genius, but was completely incapable of understanding why his proposals were politically impossible?
The only real hand Greece had was to simply refuse the bailouts and refuse to pay the debts. In that case they would have been cut off from international bond markets, they would have had to renounce the Euro and start using a different currency.
All that was possible, but the Greek government could see the obvious - it would have been far worse than what was on offer.
Is a crackpot who shouldn't be taken seriously.