Yanis Varoufakis on China 

Yanis is very down to earth. A good ambassador for EU-China coperation. One of the very few Western leader who knows how to deal with China.

As a German myself, I really liked how Yanis educated the guy from the Handelsblatt. I hope he learned a lesson.

Every time I watch Yanis, I learn something new.

It's amazing the amount of knowledge possessed by this man... He is a Greek national treasure, I hope the greeks realize that...

Yanis Varoufakis is very smart, insightful... Respect from a Chinese.

Yanis Varoufakis is by FAR the favorite Man of Europe.

This is the type of conversation I need to see in every sector of life.

What a brain and what a heart does YV have. Inspiring like very few others I have listened to in my 60 years.

Yanis is an intelligent politician with chrism, sharp and clear view! We need more people like him in the goverments!

As time goes on I have gained high respect for Yanis Varoufakis.At first, when he was Finance Minister I did not understand him. Today I know it was due to improper coverage through the media of Yanis.I respect and understand Yanis. Keep on going. I'm German. ;-) Wolf

Varoufakis is a very clever man, a fair and clear thinker👍

OMG, how Yanis was right, he basically predicted Yellow vests...

3.5 years later, I am watching this with great appreciation, as a Chinese, during the covid pandemic.

When u need three experts to interview one man..

Honest Man.. He explain things and is easy to understand him.Keep talkinkg Mr.Varoufakis .

Yanis Varoufakis is the pride of Greece.......and the nemesis for german finance minister Schaueble

love Yanis!! need more like him, to support more of us!!

Thank you Yannis...Greetz from Germany 👍

Love it how V sticks it to the German.

As Yanis says the Chinese are focused on their own interest. But as journalist and Africa and China correspondent for New York Times has said, the Chinese will deliver on what is agreed upon, will not interfere or lecture the hos country on its internal politics and will go almost anywhere where they are welcome. Piraeus has become a success despite big challenges and is set to expand in the near future with hotels. Thanks to Chinese investment.

Yanis Varoufakis for President! He's a legend!

I’m supporting diem25 from America and feel proud of it.

Yanis is a very intelligent, insightful, and no nonsense man, the German guy facing him is helpless.

He understands China better than any UK politician, and the importance of that cannot be overestimated.

Yanis is an amazing genius, you can't not like him.

What an incredibly intelligent and thoughtful man. As someone who has very little understanding of the broader implicatioms of global economics, it was always easy to just point at Greece and say 'You guys fucked up, you should deal with it.' (I never agreed to that as a very Pro-Europe kind of person I feel that we all should shoulder this weight.) But when you do start to read into what's really going on; Yanis is correct on basically every point.

I totally understand this Varoufakis. I'm Chinese! There's something about d thinking of peoples with ancient high cultures...

Greece and China both benefit from this significantly and of course this is the type of relationship Greece wants because China will invest in Greece developing all the things the EU ignored and both have a pretty recognizable relationship as 70% of the Greek shipping magnates work primarily for China since the 1970's. They are the ones who influenced China to buy the port of Piraeus. The EU lost influence in Greece just as the US did before them, they are the ones who forced Greece to privatize, they wanted a fire sale and then they didn't buy the assets. They further amplified the recession with austerity and then they complain because someone else buys it first? All of these events happened because of the bailout agreements, they didn't care when no one invested after the bailout agreements so why the hell should they care now when someone else will? If they want their money back they should be happy China is willing to develop the whole Axios river area because if they don't Greece will NEVER be able to pay back their debt. The debt will be 300% of GDP by 2060 and continue to increase from there. China and Greece actually do have a lot of the same issues, they both have a major problem with Islam and Turks and since the US and EU do not help Greece when it comes to Islamic aggression, Greece has always looked elsewhere like towards Israel. - Turkish agents have been caught starting wildfires in Greece to cause economic hardship. - The Turkish government has been caught helping smugglers smuggle illegal immigrants into Greece. - The Turkish air force and navy violate Greek airspace and sovereign waters daily. - Turkey still occupies Cyprus and the US president Johnson said they would sink any Greek ship that went to help Cyprus against the Turkish invasion. - Turkey broke all the agreements from the treaty of Lausanne. - Erdogan and the leader of the second biggest party in Turkey talk about taking the Aegean islands from Greece. What do the US and EU do? Nothing, the EU gave some money to Turkey even though they continue to send migrants. Instead of helping Greece with the migrant crisis which Merkel influenced, they say fuck 'em it is their problem. Now look at what China has offered Greece: - A massive development of the port of a Piraeus to be a part of the silk road as it was historically. - A stake in Greece's infrastructure which is in fact worse than China's, yes that is right Greece's infrastructure is worse than China's. - A a development of the Axios river all the way to Vienna basically making it so ships no longer have to travel through the strait of Gibraltar (what this whole thing is really about) - Diminishing the influence of the straits of Gibraltar and the Bosporus straits. Greece should have done this from the beginning.

Obvious editing of Yanis' comments--play the whole thing and don't interrupt him. We need to hear what he has to say.

Great conversation! I would have loved for Richard Wolff to have been in this meeting.

I like the way Yanis corrected the Handelsblatt guy that "it is not a question of money". It is investment especially technology!

Thank God for Varoufakis.

I like Y V's guts and the way he puts people in their place with disarming candour and without losing his calm! Some delightful judo around 18' :-) heheh

China indeed is the best business partner. This is why the USA is so afraid of them.

@ this time; 5 years past, still so much learned & to be learned!

Yanis, you are the man...you put the German guy right where he should be...LMAO

Intelligent & courageous.

Absolutely brilliant by Yanis

This is how a leader should be!

Terrific debate. Thank you.

Thank you for organizing the meeting of these individuals and thank you for making this available for viewing on RU-vid for everybody. I’d like to volunteer to help. If I can assist by fixing your subtitles (english subtitles), please let me know.

Brilliant discussion

These guys fail to point out the heavy handed interference of USA interests into Europe's political and economic life.

My dad fought in Greece and Crete with the New Zealand EF, !st Echelon 20th Battalion and the Greeks, Australians and New Zealanders gave the Italians a bloody nose, once the Germans came into the game it was a different story. I have my Dads medal from the Greeks in pride of place to this day! Many Greeks eneded up coming to either Ozzie Ozzie or a few came to NZ after the war! All were welcome especially those that came tp pur home Town Wellington

I heard him from his UBI idea, I will say he is visionary

5:55 the reaction of the other 3 on Yanis' counter argument is precious...

Solidarity in Europe 😂 and it's still China who's supplying medical aid during covid, not Brussels

Thank you Yanis a pleasure listening to you.

I like the socks that the former minister were wearing, it is easy to see one's characters by seeing one's kinda socks, which is pure and colorful.

woah its amazing to see all those people supporting yanis. I hope i will see him prime minister someday...Or something even better

Yanis dragged every single of one them, ate them and left not a single crumb 👏🏽👏🏽👏🏽👏🏽👏🏽👏🏽

The time is coming when Yanis will become, will be tapped and appointed to a key position at the Commanding Heights because of his genius and ability to see through to the very core and essence regarding the truth of the matter in negotiating these trade and financial deals and matters.

This is an actual interesting conversation with Yanis Varoufakis, sadly lately they dont seem to invite him anymore and journalists now just always ask him the same 5 questions with ofcourse the same answer

nothing but respect for Yanis

Where has this kind of discussion been all my life?

This right on spot - a Portuguese here - the EU is on track to become a full fledged colonial system with all the drapings of the paternalism (we should know ;-) ). Yanis' response to Torsten Riecke was absolutely on spot. I'd trust dealings with China way more than any of this nation busting crap the EU disguises as single currency rules. The hell with it! We've dealt with China and chinese for 500 years and they've proven to be much better business partners and a led to a much more enriching cultural exchanges than anything - anything! - we've seen from the EU dictatorship. Listen to Yanis Mr Riecke - this is not about money, your money is a trap, a mechanism to surrender our economies to a mafiosi eurocracy. This is completely about the likes of you wanting to demean and "civilize" the likes of me and, really, to enslave our children. The hell with you! I've moved to the USA precisely to save my children from that fate.

Not even the Germans could not mess with Varoufakis.

Particularly insightful point made at 4:43, in capitalist societies we too often think of investment as synonymous with capital, but the Chinese (former socialists, long since something else...) understand the value of labour. You don't need to be a communist to appreciate the value of skilled labour, or how you can use it as an investment. Perhaps the EU needs to start thinking of how to use a shared labour force for investing in infrastructure, housing, energy, etc.

Thanks so much for posting

Yanis, a great guy telling facts about western hypocrycy at the same time Chinese decency on economic relationship

Greatttt! As usual, deceptive editing @6:20 to save your masters!! When he starts explaining about how Germany (and EU) and offer solutions that doesnt go with the official narrative (read his book, if someone wants to know!)

Handelsblatt guy OWNED by Yannis

Great Series of talks

Great discussion. Wish there is a sequel and more up to date discussion on the chaotic world in 2024.

Yanis Varoufakis is Formidable !!

YANIS VAROUFAKIS. STRONG BRAIN🤞 IQ AND EQ IS IN ⚖️. THANK YOU .

At the very least, healthy discourse - this is great for Europe!

Brilliant debate conversation

Could you upload also the full version, please?

not that I didn't appreciate the broader discussion but that was about China for about 10 seconds.

Does anyone have a link to the full discussion this is taken from?

Very interesting to listen to this in 2021.

Had me dying when he referenced the Nazis in Greece 😂

The U.S. owns the EU, the European Bank, the IMF.

I like the talk so much, as much that i hate the cuttings which seems to be midsentence a lot of time. Is there a full version of this ?

They all had good points. Where can I see the whole thing?

Yanis is honest and admirable in his passion for doing the right thing. But we need to start at the basics to see what Greece must do. Any government short of money can do 4 things: 1. Cut spending, 2. Enforce taxes 3. Print money and 4 Borrow money. Southern Europe ALWAYS had the tradition of printing and borrowing, while the north favored saving and taxing. The Northern system is NOT necessarily better than the southern. In fact, printing money is actually the superior method. It makes more sense to each year simply print 3-6% extra money so you get income tax via devalution of currency. In addition with a soft currency, the south can better compete with the north and tourism is more attractive. So the ENTIRE issue is that when joining the Euro, the instrument of printing was removed so the south could now only borrow money...Now, since euro debt was not collectivized from the start, this was a recipe for disaster (and will be forever). Greece suffered as the Euro is not a suitable currency and the European banks suffered because they where forced by the ECB to buy southern bonds. The only solution now is to recognize the south simply needs a different currency than the north. As long as the ECB / EU sticks to the one-size fits all idea, there will be NO SOLUTION and the citizens of all countries will suffer. If the EU is not willing, than Greece and other southern nations (or the northern countries themselves) will need to organise their OWN currency (or perhaps temporally adopt the Yuan) . As long as you don't take steps in this direction THIS WILL NOT change and in my opinion it is useless to fantasize on philosophical issues and visions of the future....So very curious as to Yannis view on best currency solution for Greece ????

Yanis the Legend.

Yanis has an incredible ability to explain complex politics

At 3:18 when YV admits that he went to a foreign ambasador and as a Minister of Finance told him that he doesnt agree with the position of his own government (wow!!!) that part alone makes me very skeptical how adventurous things can get in these cases.

The center two armchairs are different than the ones at the opposite ends of the arrangement.

at 5:45, see mr. Varoufakis shutting mr. Riecke down like aaaaaa pro, fam! :D

Να χα το μισο του μυαλό σεβασμος!!

The Port of Piraeus is a natural development since logistics would certainly require a two-way traffic. After all the position has been moving the mega-ships to the ports in north-western Europe and then either rail south wards or along the inland waterways to Central and Southern Europe, hence Piraeus is a natural counterpoint to balance the flow of containers from this part of Europe. The only issue was the port was not well managed previously and with the current input of of its management, trade volume has increased by a few folds!

The Chinese can build railroads like no other country in human history.

I would watch an hour of this, why edit??

I wish it wasn't so heavily edited. Why not publish the full conversation?

The moderator called him "David Al Dente" at the end.

He is a very able and strong speaker, no?

Both China and the EU were prepared to give money to Greece for whatever reason but there differ in the mechanism. One uses investment while the other uses loans. At the time, Greece doesn't need more loans that it can't hope to pay back, what it needed were investments that were build upon the principle of profit-sharing.

haha, great talk, learned a lot

I had to LOL as Kaletsky calls the Spanish journalist "Al Dente" at the end... xD

"We've been saved (from populism) for now". Hang on to that, my friends! More grief, for you, is on the way.

Torsten Riecke: "You don't need [Greece's economic & political relationship with EU] on the Chinese level. China is not going to commit billions of dollars to bail out the Greek state." Beijing: "No and we're not going to. But that's not the point. Greece shouldn't need bailing out by anybody to begin with."

Did not know Voldemort had such an insight on foreign affairs

In Italy it Is necessary leader like Yanis. Complimenti for your such a great respons tò gionalista.

What ever happened in the past. I hope Europe and China can work together to reduce the poor in the world. I do not like America's bully

for chinese making money is more important because they know what poverty and starvation is like

any link to the full discusion ?

Truly inspired with Yanis' brain. Btw, how is Jack Ma eh, I'm watching this on 4 July 2021.