My hopes these days spring not from Europe nor from the United States. Let me be frank on this. I take my hat off to the young people particularly, but not only young people, to Jewish comrades who went out on the street to demonstrate for Palestine, who were beaten up by police, who were […]
The post On the sad disconnection between our (Western) campaign to free Palestine from our campaigns to liberate the… West – video appeared first on Yanis Varoufakis.
ATHENS – Margaret Thatcher famously quipped that the problem with socialists is that, eventually, they run out of other people’s money. But what happens when bankers run out of other people’s money, as seems likely to happen soon? Either we end up with another calamitous financial meltdown or we innovate to serve the public interest […]
The post A Trust Fund for Everyone to Defuse the Stablecoin Time Bomb – Project Syndicate appeared first on Yanis Varoufakis.
Francisco Goya’s etching The Sleep of Reason Produces Monsters was an artist’s stern warning of the hideous forces unleashed in the mind when reason lowers its guard. Today, stablecoins are the gruesome forces being released into the global economy as President Trump’s crypto dreams, unchecked by reason, morphed into the GENIUS Act. Stablecoins are the […]
The post The stablecoin time bomb hidden in Trump’s GENIUS act: Prepare for the next financial meltdown – UNHERD, 19 JUNE 2025 appeared first on Yanis Varoufakis.
Donald Trump has made it impossible for any sensible person to persevere in the delusion that global business can continue as usual. We should all welcome this, even if we are livid with Trump’s shocking behaviour, decisions and narratives. The global economy will either be rebalanced or it will crash in ways that may make […]
The post A Chinese New Bretton Woods? – Quancha op-ed appeared first on Yanis Varoufakis.
The IMF-World Bank Spring meetings are usually placid affairs that participating central bankers wish to forget soon after they are over. Not this Spring. This April the feeling several central bankers brought back home with them was not the usual relief but something far more visceral: dread, terror even. The reason? The spectre of the […]
The post Trump Wants Big Tech to Own the Dollar – Project Syndicate op-ed appeared first on Yanis Varoufakis.
“A mixture of stupidity and nastiness… The liberal establishment is primarily responsible for the genocide of the Palestinians.” In this episode of UNAPOLOGETIC, Yanis Varoufakis unleashes a fierce critique of Western liberalism, and tells us why he feels that the global system is in crisis. This episode explores the facade of Western moral superiority, the […]
The post How Europe’s sheer stupidity combined with its ethical downfall to underwrite Israel’s genocide of Palestinians – Middle East Eye appeared first on Yanis Varoufakis.
The hitherto US-centric economic model has exhausted itself, and Trump’s government is pushing to restructure the international economic architecture to maintain US hegemony. China is the main rival in this new reality, while the Europeans are becoming an impoverished appendage to the US. The Europeans could chart a more favourable path forward, except that they […]
The post Our New Economic World Order & Europe’s Suicide: In discussion with Glenn Diesen appeared first on Yanis Varoufakis.
UnHerd’s Freddie Sayers interviews renowned economist and former Greek Finance Minister Yanis Varoufakis and Eurointelligence founder Wolfgang Münchau as they dissect the escalating trade war between Europe and the United States. With the US recently striking a so-called trade deal with the UK, and news of India signing a comprehensive agreement with the UK, tensions […]
The post UNHERD’s Freddie Sayers interviews Y. Varoufakis & W. Munchau on Europe’s prospects in the era of Trump appeared first on Yanis Varoufakis.
Economist Yanis Varoufakis says we shouldn’t underestimate Trump – he has a plan to shock the global economy, force foreign countries to buy crypto-currency in return for a deal on tariffs, and ultimately pay down debt and keep the US dollar at the centre of the global financial system. But it’s a high risk strategy […]
The post Discussing Trump’s Economic Masterplan with David Marr, on ABC Late Night Live appeared first on Yanis Varoufakis.