Reflections on the nature & causes of global financial uncertainty – Amsterdam 4th DEC 2016
On 4th December 2016 I delivered the keynote at the RiskMinds International risk management conference in Amsterdam. A summary of my talk, compiled by the organisers, follows.
Trump, the Dragon, and the Minotaur – Project Syndicate op-ed
ATHENS – If Donald Trump understands anything, it is the value of bankruptcy and financial recycling. He knows all about success via strategic defaults, followed by massive debt write-offs and the creation of assets from liabilities. But does he grasp the profound difference between a developer’s debt and the debt of a large economy? […]
New Statesman interview: The Left’s duty after Trump’s awful victory
I had no doubt Donald Trump would win, just like I had no doubt Brexit would happen, so maybe I’m not as shell-shocked as you,” says Yanis Varoufakis. The former Greek finance minister is speaking to me several days after the Republican candidate’s historic victory. He doesn’t sound smug about being so prescient, more resigned, deflated, […]
Europe and the Spectre of Democracy – interviewed by Michel Feher (Part 1)
In early January 2016, Michel Feher interviewed me in Paris in advance of our announcement of DiEM25. Click here for Part 1 or here for the Zone Books – Near Futures website, to watch the complete video and/or read the transcript.
Artists should be feared by the powerful – Keynote closing the 6th Moscow Biennale, 1st October 2015 (audio)
Click above for an audio of my Moscow talk – which RT-tv was broadcasting live until I began to criticise the Putin government…
VAROUFAKIS TOLD YOU SO By DAVID PATRIKARAKOS ATHENS — Yanis Varoufakis lives in understated elegance. His apartment is spacious and pleasing to the eye. Shelves bulge with books on politics and economics, unsurprising for a university professor who was, until July, Greece’s finance minister. TO READ THE INTERVIEW ON POLITICO’s SITE, CLICK HERE. Or…
On Corbyn, Greece and the UN – Interviewed for RT-tv's UNDERGROUND
https://www.youtube.com/watch?t=1&v=_giZbaZPm94 , 16/09/2015
Democratizing the Eurozone – a Project-Syndicate op-ed
ATHENS – Like Macbeth, policymakers tend to commit new sins to cover up their old misdemeanors. And political systems prove their worth by how quickly they put an end to their officials’ serial, mutually reinforcing, policy mistakes. Judged by this standard, the eurozone, comprising 19 established democracies, lags behind the largest non-democratic economy in the […]
What happened in China? In a few words, from The Global Minotaur 2011,2013
Greece is off the headlines, for now, as China’s crisis has taken over. In our globalised world, the two crises are utterly intertwined, both the repercussions of global capitalism’s 2008 ‘moment’. Here are some extracts from my The Global Minotaur, both the 2011 and the 2013 editions…
Death by Debt: My Response to The German Finance Ministry, by Jeffrey Sachs
Dr. Ludger Schuknecht, senior economist at the Germany Finance Ministry, explains his ministry’s viewpoint regarding Greece. This viewpoint essentially holds that Eurozone countries should live within their means; adjust to their debt burdens; and take their reform medicine as needed. If they do so, they will be successful, as illustrated by Ireland, Spain, and Portugal. Greece […]
How the US rolls (post-Global Minotaur) – by SLAVOJ ŽIŽEK
In this article, aptly subtitled It’s lonely being the global policeman, Slavoj evokes a parallelism between the age of extremes that began as the British Empire was losing its grip with the present moment in history. Now that the Global Minotaur (quoting my book) is mortally wounded, “…the American century is over and we are witnessing […]
Europe and Greece in Review: Interviewed by Michael Maier for Deutsche Wirtschafts Nachrichten
Interviewed by Dr. Michael Maier for Deutsche Wirtschafts Nachrichten: For the interview in German, as published on the DWN site, Click here for PART A , on the Ukrainian crisis Click here for PART B, on Greece and the Eurozone For the whole interview in English,…
The Australian Dollar, China's Bubble, QE Exit and the Eurozone: Guest Post
I just received an interesting letter from a colleague who authorised me to share its essence with you, but without revealing his identity. The views expressed are his own and, though I do not agree with his conclusion, I believe this short letter should be essential reading for all those of us who follow the […]
Ten highs and ten lows, circa 2012: my intensely biased list
THE HIGHS The definitive discovery of the Higgs boson particle that confirms our capacity to grasp the ways of the universe first through logic and theory and later empirically; a triumph of human reason Mitt Romney’s implosion at the ballot box At last, a decent James Bond flick A piece of graffiti in downtown Athens […]
China after the Global Minotaur
This post follows up from earlier ones entitled Europe after the Global Minotaur and America after the Global Minotaur. These posts are extracts from the forthcoming new edition of The Global Minotaur.
Interview with China's '21st Century Business Herld'
Just interviewed by Chinese business daily 21st Century Business Herald (21世纪经济报道|). Here is the Q&A, in English of course…
The Minotaur’s Global Legacy, Part E – The rise of China
In today’s post I conlcude the region-by-region assessment of the impact of the Global Minotaur’s demise post-2008. Previsously, we delved into the triangular relationship between Japan, East Asia and the USA, recalled Germany’s peculiar engagement with the rest of Europe (see here) and, lastly, re-visited the eurozone crisis.
The Minotaur’s Global Legacy, Part B – Wounded tigers: Japan, America and the South East Asian crisis
Today I continue with a region by region assessment of the impact of the Global Minotaur’s demise post-2008. The last post looked at Japan. This one focuses on the nexus between Japan, SE Asia and the USA