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magical thyme

(14,881 posts)

17. rat? no. Now the Troika can "save face" by putting all blame on him

Mon Jul 6, 2015, 08:19 AM

Jul 2015

they can blame failed prior negotiations on "bad boy" Varifoukas, and start offering *real* solutions to the crisis.

The release of the 5 year old IMF report that stated that bailouts would not succeed without debt restructuring wasn't leaked by chance last week.

Now that the Troika's lies by omission have been revealed, they can be forced to include debt restructuring. Greece's debts would *never* have become so onerous if the 2010 aide had been properly administered instead of loading the people up with unpayable debt and crushing the Greek economy in order to prop up Germany's banks.

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Greece's FM resigns as Athens scrambles to avert economic collapse [View all] Surya Gayatri Jul 2015 OP

Welcome to the kabuki that is global finance CincyDem Jul 2015 #1

"He can't be the hero at the end of the show..." Surya Gayatri Jul 2015 #7

The idea is to negotiate a better deal, and those w/ whom they are negotiating don't want him cloudythescribbler Jul 2015 #2

"MANY years in the making," including during the time they were Surya Gayatri Jul 2015 #3

Thread citing Picketty says a European confernence on all Euro debt is needed as was done post-WW2. freshwest Jul 2015 #6

"European conference on all Euro debt is needed as was done post-WW2..." Surya Gayatri Jul 2015 #9

Watch the name Yanis Varoufakis turn up on the board of Goldman Sachs. Spitfire of ATJ Jul 2015 #4

^^^This!^^^ Surya Gayatri Jul 2015 #5

I wonder if they still held his professorship open TexasTowelie Jul 2015 #8

If he's no better a professor than a finance minister, I doubt it. Surya Gayatri Jul 2015 #10

LOL. Have you read any of his books? azmom Jul 2015 #28

No, but now reading about him makes me wonder why he quit. Spitfire of ATJ Jul 2015 #40

He isn't going to Goldmans Sachs, that's for sure. azmom Jul 2015 #41

Maybe his leaving was part of a deal. Spitfire of ATJ Jul 2015 #42

You have got to be kidding... MrMickeysMom Jul 2015 #63

I was following the American model. Spitfire of ATJ Jul 2015 #65

Yep� That sure seems to be our model... MrMickeysMom Jul 2015 #66

He actually sounds like the one who is on the people's side here The bank$ters and rentiers seem jtuck004 Jul 2015 #11

See this thread and the discussion about his "negotiating" tactics... Surya Gayatri Jul 2015 #12

Well, if he's SO much on the people's side, such an advocate for the downtrodden, Surya Gayatri Jul 2015 #13

so he out-negotiated the Troika's pirahnas. Good on him. magical thyme Jul 2015 #32

As Greece sinks further into the miasma, yeah, good on him. Surya Gayatri Jul 2015 #33

a lot of people believed Iceland would go down if they didn't bail out the banksters too. magical thyme Jul 2015 #46

Their respective economic situations are disssimilar. Surya Gayatri Jul 2015 #52

so? does that mean they recover via dictatorship? I'm sure if the US has anything to say about it, magical thyme Jul 2015 #56

Sadly, the Greeks have a long and shameful history of Surya Gayatri Jul 2015 #57

whereas the Germans have a long and shameful history of torture, mass murder magical thyme Jul 2015 #59

I'd be the first to agree that Germany has much to answer and atone for, not to mention Surya Gayatri Jul 2015 #61

No, ^^^THAT^^^^ MrMickeysMom Jul 2015 #64

From what I have seen, you got him wrong. Darb Jul 2015 #14

this, exactly. He brought the Greeks to the point where the government now has political capital magical thyme Jul 2015 #15

See this thread for a discussion of the "admirable" Mr. Varoufakis and his negotiating tactics... Surya Gayatri Jul 2015 #18

I don't give a shit about his negotiating tactics. Darb Jul 2015 #22

The Greeks stood by Yanis and their prime minister. Respect azmom Jul 2015 #29

You don't understand something about the OP brentspeak Jul 2015 #30

My wife (an international tax lawyer) says he was a blowhard..: brooklynite Jul 2015 #16

Give your wife a handshake from me...! She called it in one. Surya Gayatri Jul 2015 #19

I am sure they were crying like two-year olds that he wouldn't cave to their extortion. Darb Jul 2015 #23

Why would they cry? brooklynite Jul 2015 #25

If there were no consequence to doing that, then why haven't they done it? Darb Jul 2015 #39

rat? no. Now the Troika can "save face" by putting all blame on him magical thyme Jul 2015 #17

Greece will soon be a former member of the Euro-zone...and good riddance. Surya Gayatri Jul 2015 #20

MY wife notes that Ireland and Iceland had bad banks but good economies...Greece has neither brooklynite Jul 2015 #24

Short and sweet...that about covers it. Surya Gayatri Jul 2015 #26

I'd like to see them leave too, for their own salvation magical thyme Jul 2015 #31

Well, you're in the minority then, 'cause there's this... Surya Gayatri Jul 2015 #34

I'd be in the minority if I was a Greek citizen. I'm not, so my opinion is irrelevent. magical thyme Jul 2015 #48

That seems to be working well... Surya Gayatri Jul 2015 #50

Well it's not 100% up to Germany. France made it clear they want them in. But it looks like the ECB magical thyme Jul 2015 #55

Their strategic geographic location, especially as the Middle East blows up just next door, Surya Gayatri Jul 2015 #58

if the EU throws them out then the EU doesn't get a choice magical thyme Jul 2015 #60

Oh, not to worry, they'll never be thrown out of the EU...unthinkable. Surya Gayatri Jul 2015 #62

I suspect Varoufakis knows how ugly it is going to get.. DCBob Jul 2015 #21

Think ya got something there, Bob. A rat, a chicken and a liar.. Surya Gayatri Jul 2015 #27

You are getting unhinged now. Just blathering insults. Comrade Grumpy Jul 2015 #36

Mirror, mirror, on the wall... Surya Gayatri Jul 2015 #37

Your OP is tendentious. He was forced out by the troika. Comrade Grumpy Jul 2015 #35

That's his exit excuse and cover story...as for the piece itself, you'll have to contact USA Today. Surya Gayatri Jul 2015 #38

LOL You are too funny Comrade! azmom Jul 2015 #43

Wait, how could they force him out? Adrahil Jul 2015 #45

What make him a rat specifically? blackspade Jul 2015 #44

That he lied to his Greek constituents? That he played the Surya Gayatri Jul 2015 #51

He lied in what way? blackspade Jul 2015 #53

That he pledged to resign only if the YES camp carried the day? Surya Gayatri Jul 2015 #54

You've got way too much time on your hands... MattSh Jul 2015 #47

Retired, on a fixed-income pension, paid in and pegged to the euro. Surya Gayatri Jul 2015 #49