Click here and jump to 29th minute.
The Occupied Times ~ of London honoured me with a request for an interview. It has just been published here. The text of the interview is also copied below. Please support them any which way you can. Money Talk$: Yanis Varoufakis In the wake of the brutal austerity package – cutting 3.3 billion euros of […]
Following the Crash of 1929, an epic debate began between liberals who believed in capitalism’s automatic stabilisers and John Maynard Keynes who did not. Today, in Bailoutistan (Greece and the other fallen eurozone countries), this debate has taken an interesting, sad, twist.
This being the weekend, and waking up in Adelaide about to be immersed in the performance and visual arts (also known as the Adelaide Festival), permit me a different kind of thought/post for the day; an impressionistic comment on all this talk about severing some of the eurozone’s member-states in order to ‘save’ the eurozone; […]
In my previous post I described Europe’s latest Agreement on how to deal with the Greek debt problem, and the looming Euro Crisis, as a form of Crisis Appeasement. A New Munich that will haunt us Europeans for a long while. Today I cannot resist the temptation to couch my views on Greece’s Bailout Mk2 […]
According to the official narrative, the euro was saved (again) by preventing a ‘disorderly’ Greek default and against the background of Mario Draghi’s Central Bank ‘activism’. So much for the official narrative. For in my estimation, the sight of our leaders proclaiming such victory against the Crisis has a strong whiff of the moment Neville […]
A Special Report commissioned by Channel 4 (UK), based on an earlier post in this blog entitled Never Bailed Out: Europe’s ants and grasshoppers revisited See also the piece I wrote for Channel 4’s website. And do not neglect to watch the full interview with Mr Robert Halver, Baader Bank’s Chief economist. It sheds plenty […]
Perhaps the greatest enemy of the eurozone, at this particular juncture, is an erroneous assumption: that a Greek default is inextricably linked to a Greek exit from the eurozone. The problem with this assumption is twofold: First, it prevents Europe from escaping a trap of its own making. Secondly, it is false.
While Greece burnt, and the Parliament of the Hellenic Republic was insincerely accepting impossible conditions for implementing yet another unworkable fiscal adjustment plan, the buzz in Frankfurt’s financial district was an exciting, fresh German Plan A. For the first time in two years, since the euro Crisis began, Germany’s captains of finance could be seen […]
Click here for the video.
This is an interview on ABC Radio National’s Breakfast program. One of the rare occasions when I was afforded sufficient ‘room’ to unfold arguments.
YV on Keiser Report, Feb 2012
[The following piece was commissioned by DW.de. Click here for the article as it appeared on Deutsche Welle’s website.] “Perhaps it is historically true that no order of society ever perishes save by its own hand.” [John Maynard Keynes]
Written and produced by Irish economist David McWilliams, who deserves a round of applause.