Tag Archives: Greek financial crisis

Watch! Varoufakis discusses latest book on Greek crisis: “The Adults in the Room”

3 Nov

Succinct, summarizing conversation, Varoufakis discusses his most recent book, The Adults in the Room: https://www.pscp.tv/w/1yoJMMnkkoRJQ

Adults in the Room



Photo: Turkish Schadenfreude at Istanbul Airport

1 Aug


Sorry for the poor quality of this photo, but I just had to post this.  An ad all over Istanbul’s airport: “Going to Greece.  Talk to us today for suggestions on how much to take.  Make sure you have enough Euros for your stay.”

At the height of the Greek economic crisis and in the middle of the most bitter negotiations between the Greek government and the European Union over the extortionist measures of the promised bailout, this appears in Turkish airports.  This is a pure, lying attempt at sabotage of Greek tourism.  The dreaded “capital controls” that limited Greeks to taking 60 Euros a day out of ATMs to prevent a run on closed banks never applied to foreigners; i.e., you weren’t going to put your Dutch bank card into a Greek ATM to withdraw money from an account in Rotterdam and be limited to just 60 Euros.  This was really shitty and beneath Turks’ dignity.  But the truth is that I can’t really understand what’s going on in that country psychologically, so I’ll chalk it up to what seems to be a temporary suspension there of all rational discourse.

I’ve just invested so much in defending them (yeah, yeah…think you don’t need my defending? think again…) that I hate when they embarrass me with this kind of nastiness.

Comment: nikobakos@gmail.com

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