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From Ponzi Growth to Ponzi Austerity
Yanis Varoufakis 2 Years, 4 Months, 3 Weeks, 2 Days, 3 Hours, 18 Minutes ago
Austerity is meant as a belt-tightening exercise the purpose of which is to reduce debt. Pure and simple. Of course, for austerity to work one of the following two conditions must hold. One is that you are imposing austerity on your country (i.e. hef...



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Interviewed by FXstreet.com on Grexit…
Yanis Varoufakis 2 Years, 4 Months, 3 Weeks, 2 Days, 12 Hours, 46 Minutes ago
  One year ago we heard for the very first time about rumors of Greece leaving the Eurozone. What has changed in one year to go from considering it just gossip to taking it as a real fact? Something very simple: at long last the truth bubbled up...