China vs EU on debt conditions
youtu.be
Yanis Varoufakis gives a pragmatic reply to a stupid question

Being that Greece is so much in the news today, thought I'd share this gem from Yanis

  • Leon_Grotsky [comrade/them]
    ·
    4 years ago

    This lecture is what sparked the "Maybe we're the baddies" moment for me on the whole China issue. It lead me to looking up what the process for getting an IMF loan looks like, and thinking about what I would do if I was the leader of an African nation struggling against the boot of Capital hegemony.

  • glk [none/use name]
    ·
    4 years ago

    In "Adults in the room" he describes how he and the Chinese ambassador agreed for China to buy 1. 5 billion on treasury bills to give Greece time to come to a workable accommodation with its creditors. Supposedly the EU got wind of this and called Beijing to tell them "stay out of our territory."