Trump’s return isn’t just chaos, it’s a calculated strategy. While liberals dismiss him, Trump understands raw economic power in a way centrists fail to grasp. What is his master plan, and how could it backfire? Meanwhile, Musk & other billionaires are the new ruling class. As capitalism dies, we enter technofeudalism, where corporate overlords control […]
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“He wants to reduce the value of the dollar… in order to make American exports more competitive and imports into the United States more expensive. At the same time he wants to maintain the hegemony of the dollar.” Yanis Varoufakis explains the secret behind Trump’s tariff strategy, and his new obsession with cryptocurrency. This interview […]
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When the powerful punish the principled, we glimpse the unmasked face of empire. Donald Trump’s vindictive executive order denying aid to South Africa — punishment for its support of Palestine and pursuit of land reform — offers precisely such a moment of clarity. The contours of our new global struggle are now etched with brutal […]
The post Stand with South Africa against Trump’s wrath – Globe&Mail op-ed appeared first on Yanis Varoufakis.
After dismissing Bitcoin as a scam during his first White House stint, Trump warmed to cryptocurrencies during his re-election campaign. To complete his conversion, on the 6th of March the 47th President signed an executive order to set up a “Strategic Bitcoin Reserve and a US Digital Asset Stockpile”. The United States government sensibly stockpiles […]
The post Crypto’s role in Trump’s economic masterplan (with special emphasis on stablecoins) – UNHERD appeared first on Yanis Varoufakis.
Faced with President Trump’s economic moves, his centrist critics oscillate between desperation and a touching faith that his tariff frenzy will fizzle out. They assume that Trump will huff and puff until reality exposes the emptiness of his economic rationale. They have not been paying attention: Trump’s tariff fixation is part of a global economic […]
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JD Vance, the US Vice President, told Europeans that their values are no longer America’s values. Pete Hegseth, the US Defence Secretary, added that Europeans “can’t make an assumption that America’s presence will last forever.” Keith Kellog, Trump’s special envoy for Ukraine and Russia, confirmed that Europe will not have a seat at the table […]
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ATHENS – With Donald Trump back in the White House, the high tariffs he has pledged to slap on Chinese imports are not China’s greatest concern. China’s leaders understand that tariffs are more significant for Trump as political and symbolic moves than as economic weapons that will seriously impede China’s growth and development. The real […]
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Will Trump’s tariff wars backfire? And how should other world leaders, including Keir Starmer, react? In this episode of the Fourcast, Krishnan Guru-Murthy is joined by Greece’s former finance minister Yanis Varoufakis and Erica York of the Tax Foundation think tank.
The post On Channel 4: Is Donald Trump’s tariff war about to backfire? appeared first on Yanis Varoufakis.
Michael and I chatted about Trump’s tariffs, emphasising the need to see them as political tools that standard neoliberal economics can never fathom. On the ongoing genocide in Gaza, we discussed Trump’s ‘final real estate solution’ envisaging a Palestine without Palestinians – the Zionist’s wet dream. Finally, I explained why DeepSeek was a major blow […]
The post Novara Media’ Michael Walker and Yanis Varoufakis on Gaza, Trump’s Trade Wars, and DeepSeek appeared first on Yanis Varoufakis.
DeepSeek, a Chinese artificial intelligence (AI) company, this week changed the global AI landscape, not to mention caused $1 trillion losses in the New York stock exchange and the NASDAC. In the process, it demonstrated the difference between cloud capital, which drives technofeudalism onward and upward, and AI-services, which were always a bubble waiting to […]
The post Cloud Capital vs AI: What DeepSeek means for technofeudalism & the New Cold War appeared first on Yanis Varoufakis.