“The Big Lie” and the tragedy of Europe –Yanis Varoufakis blows the lid on Europe’s hidden agenda

Posted on July 2, 2017 | 4 Comments

In this interview, former Greek finance minister, Yanis Varoufakis, outlines the nature of the 2008 financial crisis, the reasons for the program of “quantitative easing” and the irrational actions of the western European leaders. The fundamental point he seems to miss is the debt growth imperative that is inherent in today’s global money system, the underlying fact that keeps everyone trapped in a system that is driving the whole of civilization toward disaster.

This entry was posted in Geo-politics, The Debt Imperative, The Political Money System, The state of democracy and tagged , , , , , , , . Bookmark the permalink.

4 responses to ““The Big Lie” and the tragedy of Europe –Yanis Varoufakis blows the lid on Europe’s hidden agenda”

  1. vas | August 31, 2017 at 1:12 am | Reply

    what he doesn’t say is why corrupt governments of Greece kept borrowing money on the name of the Greek people with intent to loot the country for their own wellbeing……..

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    • Thomas H. Greco, Jr. | August 31, 2017 at 8:14 am | Reply

      There’s much more to the Greek situation than that.

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      • vas | September 1, 2017 at 2:04 am |

        This is the crux of the matter for me. Corrupt governments manipulated deficit statistics presenting a different picture than it was with intent to loot the country borrowing huge amounts of money, on the name of the people, for the benefit of their cronies. So, when Varoufakis wonders how come German banks lent so much money to a bankrupt country should address the false statistics as well. Now, if the ECB played a role in all this allowing it to happen, thiw again brings about the responsibility of the government towards the country.

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      • Thomas H. Greco, Jr. | September 1, 2017 at 10:57 am |

        Sure, but those “corrupt governments” had plenty of help from Goldman Sachs and the European Commission. It’s another case of the powers that be luring governments into the debt trap, either by co-opting politicians, coercing them, deposing them, or by intervening militarily. There are always willing puppets who are eager to play along.

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