Greece’s former Finance Minister Yanis Varoufakis explains the US system of “neo-imperialism” based on the dollar, an “IOU issued by the hegemon”, which finances a huge trade deficit by letting foreign capitalists “extract colossal surplus value from their workers and then stash it away in America’s rentier economy”.
VIDEO: https://youtube.com/watch?v=yohXM ... Show More
Nov 22
AI bubble madness: Why Nvidia's market cap fell $600,000,000,000 in ONE DAY
The US economy depends on an unsustainable stock market bubble driven by AI companies that are almost all losing money. Nvidia seems healthier, but serious red flags explain why its stock price is extremely volatile, and why its market capitalization dropped $600 billion in just ... Show More
28m 25s
Apr 2024
Europeans Have No Right to Tell Palestinians How to Escape Their Prison w/ Yanis Varoufakis
<p><b>Rania Khalek was joined by Yanis Varoufakis, economist, political leader, former Finance Minister of Greece and the author of many books including his latest “Technofeudalism: What Killed Capitalism,” to discuss Israel’s genocide in Gaza. </b></p><p><br/></p>
40m 15s
Jun 2022
The Economist Asks: How is the Russian crisis changing Germany?
Since reunification, Germany has sought stable relations with Russia. That changed with Vladimir Putin’s invasion of Ukraine. But is this Zeitenwende (“turning point”) really a new era for Europe’s powerhouse? Anne McElvoy asks John Lough, former NATO strategist, why risk-averse ... Show More
33m 48s
Dec 2022
The Economist Asks: Will Germany succeed in transforming its foreign policy?
Days after Russia’s invasion of Ukraine, Olaf Scholz, the German chancellor, announced a radical shift in the country’s foreign and security policy. Host Anne McElvoy asks Christoph Heusgen, a former advisor to Angela Merkel, whether the Zeitenwende (“turning point”) will be deli ... Show More
22m 37s