Yanis Varoufakis Quotes
This Strategy, Which Was Then Used As The Template For The Rest Of The European Periphery, Turning The Majority Of European States Into What I Jokingly Refer To As Bailoutistan, Was Always Going To Backfire On The European Economy. Tim Geithner And Jack Lew, His Successor In The US Treasury Department, Understood This Well. They Shared The Concern That What Started In Greece In 2010, With The Combination Of An Absurd Bailout And A Hideous Level Of Austerity, Has Put Europe Into A Position That Undermines America's Recovery And Threatens The Prospects Of China, Latin America, Even India And Africa.
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