Yanis Varoufakis: Greece and The Future of the Eurozone
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No country in Europe has been hit harder by the 2008 global economic crisis and subsequent downturn than Greece. After years of polarizing austerity measures and fears of a Greek exit from the Eurozone, the country is slowly emerging from an extended period of economic instability. The Greek recovery, however, is far from over. Yanis Varoufakis served as Greek finance minister from January through July 2015 and opposed the EU’s third and final bailout agreement for Greece. He will discuss how the Greek economy is faring today and how the Eurozone crisis affected the rest of the global economy. What lessons have been learned about the risks and benefits of a shared economic system? How can we protect those most vulnerable to economic shocks from another economic crisis? Speaker Yanis Varoufakis is Former Greek Finance Minister, and Professor in the Department of Economics at the University of Athens. For more information please visit: http://www.worldaffairs.org/events/event/1586
Comments
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future is good as long as they can print money...opa,opa
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SEND ZORBAS BACK TO DRACHMA,,OPA,OPA
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Great conversation, but it´s more of the same stuff, why? because there is no innovative thought on the ways out of this mess.
For example no one talks, not in this video but in all kinds of presentations, about corruption, about public maltreatment to citizens, about new ways and forms of democracieslike the ones we´re working in Buenos Aires, Democracy of Direct Participation, or a complement that would be a Democracy of Direct Representation, both, the first to give full public decisions to citizens -allowed all these by the developed technologies.
No one talks about burocracies, and the weight that produces on the public budgets. Neither about how PRESENT monopolies, monopsonies, oligopolies, cartels, pools, and alike affect and abuse the prices of advertising on the media... SO to work WAYS OUT of all this mess weeveryone of usthat have the opportunities to go public shouldmustpushon deep groundsand incentive the consciousness of our listeners so as to make them ALSO creative and participants of new paradigms and human developments.
The world will change the day more people of our own species will be "on stage" than on the ground sitting or screaming with no sense of responsabilities than fun. -
Obviously eurozone is a political project, not an economical.
Greek products lost their competitiveness, because of EURO, which is deadly for Greece export ability. They tried to leave eurozone, but they lost with bankerst. They need more support of some bigger player of eurozone, who also want leave eurozone, probably from Italy, but we have to wait for next big crisis to get any solution. I see three possibilities: the reform of eurozone (monetary and fiscal union, just like in the US) or the end of eurozone or just Grexit from eurozone. -
@ 11:38 I almost died laughing, I wish he was my professor I love this guy.
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He describes the breakup of the Roman Empire all over again.
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In politics left and right wings belong to the same bird. Read Carroll
Quigley's books "Tragedy and Hope" & "The AngloAmerican
Establishment". Varoufakis works for Soros so, enjoy being sold out because the sting is not in the analysis and info he'll tell you about it's in the solutions he's
proposing. Watch out, he's leading you to the controlled opposition. -
Can't get enough Ants and Grasshoppers stories.
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The Euro Zone is a gigantic experiment of socialism. You'd ask why they even tried it, having seen what it did to the USSR and pre-reform China. Perhaps the Europeans thought they could do it better? Perhaps they thought their democracies could make it work? They have been proven wrong. Socialism simply does not work. It is itself the poison, no matter what the context is.
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