Home » Yanis Varoufakis: The Greek Financial Crisis Explained in 4 minutes financial crisis 2008 explained

Yanis Varoufakis: The Greek Financial Crisis Explained in 4 minutes financial crisis 2008 explained



Yanis ด้วยเสน่ห์อันเป็นเครื่องหมายการค้าของเขา อธิบายถึงพลังบางอย่างที่อยู่เบื้องหลังวิกฤตการเงินของกรีก ชุดบรรยาย PPE ของประชาชน: “A Hitchhiker’s Guide to Economics” 23 กุมภาพันธ์ 2016, The Round Chapel, Hackney สามารถดูเหตุการณ์ทั้งหมดได้ที่นี่: Keep in touch! เว็บ: ทวีต: Facebook: .

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Yanis Varoufakis: The Greek Financial Crisis Explained in 4 minutes

Yanis Varoufakis: The Greek Financial Crisis Explained in 4 minutes

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Yanis Varoufakis: The Greek Financial Crisis Explained in 4 minutes
financial crisis 2008 explained
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9 thoughts on “Yanis Varoufakis: The Greek Financial Crisis Explained in 4 minutes financial crisis 2008 explained”

  1. Look. You have a son. He does a lot of drugs. He parties every night in his house. He finances this lifestyle by borrowing in your name. The debt piles up. Lenders wise up and realize he's not borrowing in your name, but just to party, he has no income whatsoever so they up their rate to what they'd normally lend him at. He realizes he can't pay up his previous debts and taking up more debt is too expensive (6-9% interest). So he comes up to you. And you tell him "look, this is very bad for the family business, we need to repay your debt. I'll lend you at 0.1 or 0.01% to pay your debts but you have to stop doing cocaine". The son says yes, thank you ect and then goes on to continue the parties, but he starts selling his furniture, he takes a second mortgage on his house and he does not stop doing cocaine. You show up again, he still hasn't found a job and he pretends to have stopped the parties and the drugs. This time, you're furious. You give him the money, but you make him stop the drugs. He moves from coke to speed (a downgrade, but still doing drugs). The third time you show up, he demands money, he says he won't tell you what he's going to do with it and that he has no interest to pay you back. All while the rest of the lenders listen. Your other kids (who don't party, but instead work very hard and are now called to finance their brother's lifestyle) get angry at you. So you tell him to sell his house, his furniture and his clothes and come stay with you under very close supervision until he can get a job and start making money. Which he reluctantly does. That's the correct analogy. And I'm Greek. I am a young Greek who grew up under my bed, trying to sleep while my father (the Greek state in this analogy) was partying and doing drugs. And I'm called on to pay for his debts, live under Germany's close supervision until my father sobers up and give up my home (literally) and my toys (metaphorically) because we need to sell them. My life is destroyed by these parties. And I can't stand to listen to Dr. Varoufakis and his victim mentality. Greece could at any moment stop partying and go get a job, but it didn't. If you don't want to be in a debt trap, then stop borrowing. Start working. Quit partying. FFS

  2. Think of greece, now think of greece manipulating its books to look better so they could join the eu, now think of all the banks lending money to greece because they think greeces economy is going well, now think of greece having to admit that it lied and isnt as well of as everybody thought they were, now think of all the banks wanting their money back or an assurance by other european governments that they would step in if greece goes bankrupt, now think of greece taking more money from banks, now think of the economy failing, now think of greece not having enough money to make changes to their economy to make it better in the future and noone else wanting to give them money because they are too afraid that its simply going to be wasted, now think of greece taking money and making promises to change their economy and reduce spending, now think of a high unemployment rate, now think of countries with a much higher retirement age telling greece that if they want more money, they have to raise their retirement age too, now think of even higher unemployment….. so how do you solve this? You cant just keep giving greece loans they cant pay back without expecting them to make changes, but at the same time the changes that have to be made make the economy worse……

    I mean what he says is true but i didnt hear a conclusion…. a way to make it better or correct it….saying that greece cant meet the measures is great but why would nations loan you money if you plan on making no changes to your economy whatsoever…..

  3. gamiseta…kai to xeirotero einai pos sthn idia istoria mas travane pallu. Yphrxe toulaxiston ENAS monternos ellhnas pou eixai ta arxidia na pei oxi . Kai tora mas kuvernane kati dh8en aristeroepanastates pou den exoun ta arxidia oxi gia antistash, den exoun ta arxidia oute sth mamaka tous na antimilisoun. DHLADH ELEOS RE POUSTH MOU…..ti sto dialo katantisame…kapote mas e3hmnousan gia th genotita mas…kai tora?…pali sklavoi? pali?!

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