The referendum of 5th July will stay in history as a unique moment when a small European nation rose up against debt-bondage... - Yanis Varoufakis
" "The referendum of 5th July will stay in history as a unique moment when a small European nation rose up against debt-bondage...
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About Yanis Varoufakis
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.
Also Known As
Native Name:
Ιωάννης Βαρουφάκης
•
Γιάνης Βαρουφάκης
Alternative Names:
Ioannis Varoufakis
•
Ioannis Georgiou "Yanis" Varoufakis
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Additional quotes by Yanis Varoufakis
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.
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