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Yanis Varoufakis — Merkel’s Comeuppance is Europe’s – and the World’s – Misfortune

Summary:
Not so veiled warning that if the technocrats persist while the US acts like an imperial hegemon, the populist backlash is coming that will burn down the EU house. While he doesn't say it, we've been here before, in the 1930s.Project SyndicateMerkel’s Comeuppance is Europe’s – and the World’s – Misfortune Yanis VaroufakisSee alsoThe Case for Concerted ActionMy Favourite Chart, Updated: Euro Area ImbalancesV. Ramanan

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Not so veiled warning that if the technocrats persist while the US acts like an imperial hegemon, the populist backlash is coming that will burn down the EU house.

While he doesn't say it, we've been here before, in the 1930s.

Project Syndicate
Merkel’s Comeuppance is Europe’s – and the World’s – Misfortune

Yanis Varoufakis

See also

The Case for Concerted Action
My Favourite Chart, Updated: Euro Area Imbalances
V. Ramanan

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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