Saturday, 14 March 2015

My patience with Varoufakis' euphemistic approach is wearing thin

I don't know if you guys watched the latest conference, in which Varoufakis told the press that the Troika policies for Greek have failed - according to Syriza's opinion and that of the Greek citizens - but I have. For Christ's sake, it's NOT an opinion, it is FACT.
Over 25% unemployment, over 60% unemployment of youth, massive rise of poverty and drop in personal (household) income. All of these facts spell out economic depression and humanitarian disaster - which will affect future generations nonetheless. This is just one part of Varoufakis' new language that he chose to adopt. I know that, like diplomatic language, political language is by definition euphemistic - but this is way too much. Besides, human beings think in language, and the quality of our thoughts can only be as good as the quality of our language. Yeah, yeah, Syriza was just recently sworn in, you're expectations are not reasonable - yeah, yeah, I get that. But I think I've read/seen enough of history and present to know when certain hopes placed in certain people become the first step on the road to disappointment.

Below is an article by Bill Mitchell, in which he talks about the similar views of others regarding Greece's real options.

Friday lay day – Faut-il donc haïr l’Allemagne?

Its my Friday lay day blog where I plan to write less here and more elsewhere. Today, a brief discussion of two interesting articles that I read recently. The blog title – Faut-il donc haïr l’Allemagne? (must we hate Germany?) – was the question posed recently by the French economist – Jacques Sapir – as a reaction to the way Germany (particularly its Finance Minister) handled the Greek request for less austerity and more flexibility in the recent Eurogroup encounters. His February 20, 2015 article (in French) – Haïr l’Allemagne? – concludes that the actions of Angela Merkel and Wolfgang Schäuble towards Greece have “repeated the sins” (“Les péchés répétés”) of the past and opened up old wounds that will further undermine the democracy in Europe. Sapir concludes that “Alors, disons-le, cette Allemagne là est haïssable”. What does that mean?
Read more here: http://bilbo.economicoutlook.net/blog/?p=30424

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