Yanis Varoufakis | The Euro Has Never Been More Problematic | Oxford Union

Yanis was my lecturer back at The University of Sydney in the early nineties in Economics I, II, and III. He was 26 years old with 2 PhDs, one in mathematics and one in Economics. He was brilliant and he is even more brilliant today. I wish that he is more direct with less analogy usage or maybe he should just directly explain what the analogy exactly meant. Still lots of respect to my Master of Economics. 🙏

One of my favourite And most important intellectual of these times.

Where would we be without internet.

Another brilliant exposé on economy, banking, economics and politics delivered in under an hour. You're a true hero, Yanis

This man is one of the greatest minds of our time.

Yanis Varoufakis' analogies are the best.

As an Italian not particularly illuminated in the science of economics I found this speech most informative and easy to follow. I have no doubt he would make a great Greek leader or even a European one. I just wish, amidst all the gloom about the EU and the Euro, that he pointed a way out of this potential crisis. What are we Europeans to do, invest en masse in German banks ? I hope he will focus more on a constructive way out in his future speeches.

Read his books, I mean, he's not bad as a speaker, but as an author he's a genius.

This guy is has a mind like a razor, a heart like a lion and a soul full of compassion. He also makes economics interesting.

As an American, I wish I got to vote for this guy for president. You Europeans are fortunate to have him. Hopefully you can make good use of him.

Yanis, you're simply brilliant, I could listen to you for hours.

Well done Oxford. A range of speakers leads to a broad mind.

This guy is a genius.... this is why i love youtube. I would never find this on msm.... Thank you youtube. Thank you youtube creators!

"The quality of your food will go down." Well, this part was prophetic.

this IS the best of the union talks. Yanis is a shining star in the dissconected world of politics. Listen and learn, form your own opinions and be heard - We are NOT in a unchangeable long winded historical situation.

In the US, you have vastly different economies in each of the 50 states. In an effort to even this economic disparity, the federal government moves money around from wealthier states to less prosperous states. This allows the overall economy to work. This allows our farms to prosper, manufacturing, services, and our financial sector. Rather in Europe, you allow Germany to prosper while other smaller economies like Greece suffer. Germany makes cars, air conditioners, machinery, tools, etc. Greece makes peaches, plums, and gyros! So anytime someone from Greece buys a car, a fridge, an air conditioner, that large purchase leaves the Greek economy. In return, what does Greece get back? Tourism? Well that’s not enough. Over time money will continue to leave Greece for German coffers, though eventually Greece runs out of money. They borrow money from the Germans, eventually there is a debt that can’t be paid and the whole system collapses. Without one shot being fired, Germany took over Greece!

So refreshing to hear sensible, and challenging, arguments. Must listen out for his next talks. Sounds like a very decent chap too

I wish he'd come to Liverpool and give one of his lectures. A truly intelligent mind that challenges you to think, learn and question. These voices need to be given a platform if we're to survive the mess that's quickly engulfing our world

I think it is of massive credit to the OU that they listen so well to such a variety of points of view. It does you great honour.

Fascinating speech. I don't agree with everything Yanis said, but he is on point with the Euro.