Yanis Varoufakis

speaker

1,142 appearances 3 recordings 2 series first heard Jan 2026 last heard 3 May

Yanis Varoufakis’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months

Recordings per month over the last 12 months — 3 in all, peaking in May 2026 with 1.

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No Greeks had mortgages back then.

80% were fully owned by Greeks.

I mean, they were very expensive houses, but they were fully owned.

And the second thing you have is a thirst for cash, for credit, because credit was very severely circumscribed in Greece.

And up until now, we couldn't give you the loans because you had a drachma which was falling.

So your incomes could be falling vis-a-vis the Deutsche Mark.

But now you are going to have the Deutsche Mark.

So you are our favorite client.

So we're going to give you lots of money.

And I said, yeah, but what happens when this creates huge bubbles?

And then they burst.

And indebtedness ensures that the Greeks won't be able to repay you back.

And he said, well, then we'll take your houses.

which is exactly what is happening today.

One and a half million homes in a country of 10 million people are being repossessed by foreign vouchers.

Well, to begin with, Greece was not on their radar.

It was a pipsqueak country in the side.

They didn't care.

But they cared about Italy.

Because if you were Volkswagen...

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