Tag Archives: Prime Minister of Greece

Yanis Varoufakis Advises Jeremy Corbyn On Austerity Narrative And Media Management – Huffington Post

October 23, 2015 By in Austerity, Fiscal Policy, People, Politics Tags: , , , , , , , , 1 Comment
Jeremy Corbyn

Jeremy Corbyn (Photo credit: Wikipedia)

According to this interesting article, ex-Greek chancellor, Yanis Varoufakis, issued a strong warning to Jeremy Corbyn on Friday, advising the new Labour leader to move on from discussing his opposition to austerity.

Source: Yanis Varoufakis Advises Jeremy Corbyn On Austerity Narrative And Media Management

Personally, I think that Corbyn needs some top class economic advice and I believe he has consulted some renowned economists. BUT I do not rate Yanis Varoufakis as a top-class economist, nor a particularly succesful finance minister. Varoufakis claim to fame is probably his arrogence. He’s a fine hard-left politician but married to a wealthy woman.

On the subject of austerity, the young Trudeau’s win in Canada has shown that there is still room for anti-austerity politics.

Thoughts?

Greece should seize Germany’s botched offer of a velvet Grexit – Telegraph

July 17, 2015 By in Austerity, Business Administration, Euro Crisis, Fiscal Policy, Foreign Policy, Growth, People, Politics Tags: , , , , , , , , , Leave a comment

The is a very powerful article from Ambrose Evans-Pritchard, International Business Editor at the Telegraph. It’s a must-read. Check it out!

via Greece should seize Germany’s botched offer of a velvet Grexit – Telegraph.

Clearly, the latest deal is not sustainable. Despite the approval of the deal in Greece, with riots in the streets, it’s questionable whether any Greek government can deliver the latest austerity. It is clear to every expert, Greece needs massive loan write-offs and foreign investment & without it, Greece will again fail. So perhaps the velvet Grexit still offers a way out!

Thoughts?