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lucianoqon Varoufakis to Publish Notorious Eurogroup Recordings from 2015 Meetings

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This is a comparison of Italian GDP between 1929 crisis, IIWW and 2007 crisis.

Definitely they didn't go down like IIWW but they didn't bounce either, so in the long term far more growth has been destroyed.

lucianoqon Varoufakis to Publish Notorious Eurogroup Recordings from 2015 Meetings

States and Organizations/Corporations are NOT at the same level.

States create and enforce the laws, they can do whatever they want. Their only limit is the people willingness expressed via elections.

Corporations can never be above a State if they play in a game where the State decides the rules.

lucianoqon Varoufakis to Publish Notorious Eurogroup Recordings from 2015 Meetings

Benefits? Which benefits? Eurozone is the lowest-growing area of the world. It destroyed more GDP than the II World War comparing with trends before Euro and with other countries at the same time.

> Should state elections in Mississippi drive US Fed policy?

EU is not a Federal Country, not a State and most of all not a Nation. It's just a common table where each country fights for their interests and the biggest state try to eat all the others not caring about its level of export.

lucianoqon Varoufakis to Publish Notorious Eurogroup Recordings from 2015 Meetings

Average in 2011 was 61,9 yo for Greece and 61,5 yo for Germany. This is an average between all the jobs, classified unhealthy and not.

But although it was less than Germany, let's say 60 or 59 or even 55:

1) lenders knew it, so it's also their fault on not weighting the risk well or not asking for an higher interest rate or avoiding giving them money at all. To check is their responsibility.

2) IMF decisions brought an increase in suicide rate and children mortality rate. Are the lenders allowed to bring death to the borrowers? Is this illegal for the mafia but allowed for IMF/ECB/EC?

lucianoqon Varoufakis to Publish Notorious Eurogroup Recordings from 2015 Meetings

> People in private converse completely differently (more freely) than in public.

They are deciding about life and death of people of a country (or many). They're not discussing about what's your favourite food and which sex position you like the most.

Those conversation MUST be open and public, so people can judge the work of their delegates and decide to vote them again or not.

If you don't want to be heard, don't present yourself as a candidate. There are plenty of roles in companies that are private enough to speak privately.

Eurogroup, Ecofin, European Commission, European Central Bank, ESM are secrets just to subtract power from citizens, so to reduce democracy.

lucianoqon Varoufakis to Publish Notorious Eurogroup Recordings from 2015 Meetings

To the people who think Greece deserved that:

lender is responsible for checking how much the borrower can take. My bank reasonably doesn't give me a billion. Default likelihood exists because there is an interest that prices it. When default happens, shame on the borrower and shame on the lender for having been a bad checker or just shame on no one if that default was one of the "expected" and covered by all the debt+interest already cashed in.

An any case increasing suicide-rate and child mortality-rate is not the right answer, unless you are called "mafia" or "IMF".

lucianoqon Varoufakis to Publish Notorious Eurogroup Recordings from 2015 Meetings

Retirement age in Greece is today and was in 2011 higher than in Germany. Using some anecdotes and guess for aggregate data is bad induction.

"privatize" means that today all the Greek airports are owned by German companies. Is it legit to suppose there was a slight conflict of interest between the "doctor" and the "patient"?

I mean, would you trust your doctor if he gains on your death?

lucianoqon Workers at Amazon's main Italian hub, German warehouses strike on Black Friday

So the idea is to force all countries with welfare to dismiss it. Good to know.