Yanis Varoufakis on the state of Europe and the Euro

[@bloodluster7086]

He has the look of a man who realized that most of the "economics" he learned most of his life or how the world really worked was a joke and we live in a circus.

[@peterfriel7006]

X

[@kangaroo1888]

It's called Capitalism sorry to say

[@xtc2v]

@@kangaroo1888 Economics is the academic struggling to get his head around what people that are cleverer than academics are doing with capital out in the real world

[@pauladams1814]

Varoufakis has the balls to tell the truth.

[@mariettestabel275]

Right! 🌍

[@patscott8612]

This is like stand up. It's scary stuff but discussed with much humour.

[@jollyjack4271]

Dear Professor, Would you please consider discussing Jacques Fresco's Resource-based economy please? We now fully understand that monitory based economy will never resolve the social problems associated with inequality of wealth distribution, ever.

[@michaelmartin4383]

In a Democracy “the people in their collective capacity is Sovereign (it is the people who make the laws)”. Democracy is a populist form of Government. Which exposes the motives of those who decry “popularism” .

[@TheAmityvillain]

Will the Q&A session be available for viewing?

[@FundForumTV]

We didn't film the Q&A that took place later at the event, but we do have another interview with Yanis Varoufakis available here: kzbin.info/www/bejne/f5aTd6Gvjt15mqs

[@Shub99]

I'd like to know what he thinks about Trump and reduction in tax rates and whether the people who have gained will invest or take their money elsewhere?

[@kangaroo1888]

Too there pockets in a tax haven just in case

[@denversdabsc6073]

I don't think Trump could understand one thing of this. Some large words.

[@xtc2v]

Large words are what puts money in Varoufarkis's pocket

[@SpaceExplorer]

global glut of savings fo real

[@SpaceExplorer]

very interesting thanks for uploading

[@alloomis1635]

i think he is arguing for democracy and socialism, not sure he realizes it.

[@pop-n-rock]

what makes you think of that?

[@alloomis1635]

yf is right in saying corbyn might be a good pm, if he can reshape labour. big if. but yf is wrong in vital area, he never says the magic words: we must transfer power from politicians to the electorate, aka, genuine democracy. money comes from power comes from money. until the plebs rule, they will never be anything but exploited and or discarded. he is mired in the general myth, that democracy is better done by specialists, 'for the people', and 'by the people' is quite unnecessary. in no human society has the elite failed to exploit the plebs, there is endless demonstration of this fact. until yf says so, he's just another scam artist.

[@abside30glu]

TOCHTER ECONOMIST YANIS VAROUFAKIS WITH DEVOTION THE GLOBAL MINOTAURUS May 15, 2017

[@ledauphindebourbon6956]

Things have gotten so bad because of economists and financiers. When the discussion is about "China closing a circle that the US has started, which it can't" one can see everyone is out of his place. The surpluses and deficits are one own's personal business, not of the states. The hidden picture is financiers trying to manipulate everyone through the state figures. That's why to everyone is so important a reasoning of the kind what's creating investment and what to do with savings. While in fact is not a business neither for the state nor for economists. For each one his own problem. In other words who tries to bring german money to create investment in Greece to buy Mercedeses - the entire reasoning is wrong. One should not be concerned neither whether germans have money, nor what do they do with them, nor with a world investments/savings tables and statistics but whether he can create something himself or not. Otherwise one ends up in a totally imaginery world where the state creates business to level up people, which is communism. And that is why EU is moving on the same path and to the same end.

[@SCAND4LE]

Nobody creates value on his own. Value is a collective creation. Nobody creates money either, it's a collective convenent based on nothing but trust and belief. You reason like there's money burried underground and some are better than others in digging for it. Money, which is debt, is created out of thin air. If you think it's justified to let people die because of debt that's fine, just don't expect to remain safe in your ivory tower of self-righteousness.

[@beelzebub3991]

Fack who?

[@darrenwood2232]

This guy was involved in Greece's financial downfall and persuaded Greece to agree to the EU's looting of Greece's finances. I believe he is pro Eu and always right.

[@pop-n-rock]

he did not have an involvement , Greece had already had a downfall a long before he got in charge. Mr. Tsipras, the PM did continue the downfall. I'm Greek, so allow me to know better.

[@pop-n-rock]

if I got that comment right