No one is safe: Yanis Varoufakis on world crisis and next global economic shock

International Exclusive on Private Talks: host Yulia Kulmatitskaya speaks with the world-renowned economist and author of the technofeudalism theory, Yanis Varoufakis. He is best known for serving as Greece’s former Minister of Finance during one of the most severe debt crises in modern European history.

«We are experiencing the same crisis since 2008», — says Yanis. But why do the decisions made so long ago still shape the global economy today? What is the biggest threat to the world economy right now? Does the European Union have a future? Could the world see new sovereign debt crises similar to the one Greece experienced? And most importantly — who will win and who will lose in the growing battle for power, capital, and resources?

Yanis also shared a few personal stories from his political career — stories that are both thought-provoking and, at times, deeply disturbing.

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00:00 Yanis Varoufakis on the biggest threats to the global economy
04:25 «The only growth plan is to build more tanks»
09:02 A new form of capital: what our era will be remembered for
10:46 Bifurcation of the world: U.S. dominance and the privatization of the dollar
12:28 Fundamentally irrational Americano-centric model and the benefits of BRICS
15:28 Will Russia benefit from the global transformation?
17:26 How Europe profits from the conflict in Ukraine
19:59 Is it possible to restore relations between Russia and the European Union
22:16 «Europe is dying»: can it be saved and why America needs NATO
24:58 New wave of inflation threatens the world: how governments will respond
29:29 Сatastrophic error EU is about to make
31:30 We’ve never been out of 2008 crisis?
35:04 «They have no plan»: what is happening to Europe?
35:28 The Euro: a strength or a weakness for Europe
38:06 The end of the EU? Europe’s biggest problem explained
42:45 The Greek debt crisis: the most shocking experience
45:40 «This is catastrophic, we have a recession»: competence of European officials
48:10 Politics vs economics: how the EU really works behind closed doors
50:07 Disagreements within the EU: is democracy gone
53:20 Russian frozen assets: how Belgium was pressured
55:12 The core flaw of capitalism and why it is failing people
01:00:08 «The American Dream is dead»: are millennials and Gen Z doomed
01:01:50 How to protect your money during a crisis

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