2024-02-18
One-time Greek Finance Minister (who took on the EU for a proper banking bail-out and was betrayed by his own prime minister), author of very readable economics books, who cut his political teeth on the UK Miners' Strikes under Margaret Thatcher, Yanis Varoufakis does his own analytical thinking and isn't afraid to share his results with the world - or as many as are prepared to listen to him.
Here he turns his attention to how the "City of London" operates to secure its profits (and shed its losses) whilst becoming an ever-growing part of UK GDP (as measured b officialdom).
"It's a massive gambling extravaganza where all the profits go to the financiers, and all the losses go to you"
(54 minutes)
Like /Dislike this video here.
