GREECE CAVES: Will Yanis Varoufakis Come to the Rescue?

He may have resigned as Finance Minister but the guy is pissed. Greece not only completely caved. They agreed to sell off 50 billion Euros of assets to the banks. Governments selling assets is good. But selling them to German banks is definitely not good. Varoufakis has a Q&A up at Zerohedge that shows both sides of … Continue reading GREECE CAVES: Will Yanis Varoufakis Come to the Rescue?

We’ll Miss You, Yanis Varoufakis

I’ve always had mixed feelings about the guy. On the one hand he’s a commie. On the other hand, he promised not take any bailout money and he never did. He has resigned, saying: Soon after the announcement of the referendum results, I was made aware of a certain preference by some Eurogroup participants, and … Continue reading We’ll Miss You, Yanis Varoufakis

Yanis Varoufakis is Threatening to Push the Greek Default Button!

He may be a confused “Marxist libertarian” whatever that means, which is what he calls himself, but whatever fire is in him, though it isn’t a total “kosher blue flame” as my 10th grade chemistry teacher called it in lab, Yanis Varoufakis is heating up. This is what happens when a human being, though not … Continue reading Yanis Varoufakis is Threatening to Push the Greek Default Button!

GREEK HOPE Yanis Varoufakis Named Greece Finance Minister

BAM! Yanis Varoufakis was just confirmed as Greece’s new finance minister. I’ve been writing about Varoufakis since 2012. You can see all the posts I’ve written about him here. First off, no he is not a libertarian. BUT he is genuine, he is not a politician (yet), and he’s got fire in his soul. That … Continue reading GREEK HOPE Yanis Varoufakis Named Greece Finance Minister

Yanis Varoufakis Running on the SYRIZA Ticket in Greece Elections

I’ve written about Yanis Varoufakis a few times. I check him out whenever there’s a flare up in Greece. There’s one now, so I headed over to his blog and found that he’ll be running on the SYRIZA ticket. He seems a genuine guy, with some really whacked out ideas on centralizing the entire European … Continue reading Yanis Varoufakis Running on the SYRIZA Ticket in Greece Elections

Yanis Varoufakis and Economic Morality in the Eurozone

I ran into a rather amazing find last week when I heard an Australian radio interview with a Greek economist named Yanis Varoufakis on the topic of the insanity in the Eurozone. Aside from having an awesome name, Dr. Varoufakis is sharp, articulate, and a contrarian. He was saying things I generally agree with but … Continue reading Yanis Varoufakis and Economic Morality in the Eurozone

Greece Heads Back to the Polls to Vote For…What?

Here we go again. The Greek people are once again going to vote, today, Sunday September 20, for the people that will take their money. The only interesting thing about this election is how many seats Golden Dawn will get. When a political party is named like a Jew for Jesus would name a synagogue … Continue reading Greece Heads Back to the Polls to Vote For…What?

Four Blood Moons Calling? Greek Elections again, S&P Minicrash, Gold bear over?

Well, if the whole blood moons thing is correct, which I still doubt but it is possible, then the picture has to start deteriorating fast. Like now, within the next two months. According to Blood Moon Theory or whatever you want to call it, we have until Hoshanah Rabba 5776 for the world to change … Continue reading Four Blood Moons Calling? Greek Elections again, S&P Minicrash, Gold bear over?

Tsipras Insists on Saving Democracy, But Democracy is what is Destroying Europe

I can’t resist. It’s just too poetic. Tsipras was quoted as penning this rhetorical flourish, not bad for the Rambam at the end of one of the 14 books of the Yad, except full of much more bull: Those who perceive our sincere wish for a solution and our attempts to bridge the differences as … Continue reading Tsipras Insists on Saving Democracy, But Democracy is what is Destroying Europe

Can Greece Pay Up €750M Tomorrow?

Yanis Varoufakis says it can be paid. Many aren’t too sure about that. But even if it is, there won’t be enough money left to pay Greek bureaucrats, who will have to be issued IOU’s, which will start circulating as a parallel currency, which will be a de facto exit from the Euro. I went over … Continue reading Can Greece Pay Up €750M Tomorrow?