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" "What is being offered to the Greek people is circuses with no bread. And the circuses are not even funny.
Yanis Varoufakis (Greek: Γιάνης Βαρουφάκης, pronounced [ˈʝanis varuˈfacis]; born 24 March 1961) is a Greek-Australian economist. He is the former finance minister of Greece. Varoufakis was a member of the Hellenic Parliament for Athens B from January to September 2015; he regained a parliamentary seat in July 2019.
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I’d say DiEM25’s program is the only one worth fighting for. In the European elections we didn’t do well — we got just over 1 percent of the vote. But I should add, our total budget was just €85,000, a pitiful sum for a European election. People running to be the mayor of even a small town would spend many times that. Running on a principled position meant we didn’t have the infrastructure or spending power to do better. ... in the European elections our party, MeRA25, had to struggle against a systematic effort to silence us. We received absolutely no media exposure until the moment where media were forced by law to mention us and give us a little airtime. This was not true of Popular Unity or other smaller parties advocating Lexit [a left-wing exit from the EU]. …These are deeply conservative forces... There is nothing liberal about them: they are traditional, austerian class warriors against the working class... The regime did not feel threatened by parties advocating exit from the euro and EU.
(The ) resembles a fine riverboat that was launched on a still ocean in 2000. And then the first storm that hit it, in 2008, started creating serious structural problems for it. We started leaking water. And of course, the people in the third class, as in the Titanic, start feeling the drowning effects first.
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America was now a fully fledged deficit country, with a big trade deficit. But it was nothing like any other deficit country in the world. You see, Argentina, France, India, Greece needed to borrow dollars. America didn't need to borrow dollars to back up its currency. It didn't need to raise interests rates in order to prevent an exodus of dollars. The exodus of dollars was the foundation of American hegemony.