On February 1, 2025, Yanis Varoufakis spoke at an event organised by @DiEM25official in Amsterdam with Jeremy Corbyn, TNI’s Bríd Brennan, and Diem25’s Lucille Cornelius.
Yanis Varoufakis critiques Europe’s economic and political decline, blaming austerity policies that benefit the wealthy while leaving the majority behind. He highlights the 6 trillion euros printed for bankers, which were not invested in the economy but used to buy back stocks, leading to stagnation in Europe. This lack of investment, particularly in emerging technologies like AI and green technologies, has caused Europe to fall behind other regions, resulting in a decade and a half of economic stagnation. Varoufakis argues that this stagnation fuels political fragmentation, rising far-right movements, and a lack of European unity in confronting global issues such as the war in Ukraine and the genocide in Gaza. He critiques European leaders for being complicit in the status quo, aligning with the US while failing to uphold international law and human rights.
Watch the full video: https://youtu.be/oMdr_WAa9uw
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