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 monthsRecordings per month over the last 12 months — 3 in all, peaking in May 2026 with 1.
Appearances
And what I need to tell them, what I would have to tell them to be true to my own understanding of the problem is that, you know what, house prices have to come down.
Some of you will have to have negative equity.
That would be extremely painful.
But the alternative to that is to keep inflating house prices in a way which is unsustainable and which is eating into the capacity of Britain to invest in
Unfortunately, politics is structured in such a way that if you tell the truth to the people, you can't get elected.
And I have a lot of problem getting elected these days because I tell the Greeks that there are no simple solutions and things along those lines.
But I do believe that progressives have to be honest to the public and we have to think
on the one hand, say things that bring out a sense of social justice like wealth taxes, but at the same time to say, look, there's going to be pain.
We are going to have to invest into unpopular things in order to be able to produce the technologies that will make the difference between sustainability, both social sustainability and environmental sustainability and unsustainability.
Is Europe going down the drain?
Oh, yeah.
It's gone.
Finished.
Why?
Well, because in our infinite wisdom, should I say, we created federal money.
We have federated our money.
We've created a common currency.
So we have a huge central bank, a very significant central bank, and we have no treasury to have its back.
And then we have 20 treasuries without the central bank to have their back.
And each one of those treasuries has to look after banking systems and bail them out, if needs be, without having a central bank.
Showing 561–580 of 1,142 · page 29 of 58
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