Boom Bust Season 1 Episode 60 Varoufakis and Shedlock Om Europe's 'Triumph of Wishful Thinking Over Reality'
- TV-PG
- February 13, 2014
Varoufakis and Shedlock discuss Europe's 'Triumph of Wishful Thinking over Reality' on this episode of Boom Bust. The guest speakers analyze the current state of the European economy and the impact of political decision-making on it. Varoufakis, a former finance minister of Greece, stresses the importance of understanding the deeper issues behind the economic crisis in Europe, including the lack of democracy in decision-making at the European level. Shedlock, an economic consultant, emphasizes the role of central banks in creating economic bubbles and the need for transparent policies to avoid future crises. Together, they explore the major challenges facing Europe and the world economy and suggest possible solutions to overcome them. The guests' insights provide a thought-provoking perspective on the current state of the global economy and the challenges it faces in the coming years. Through their analysis of the current situation, they offer valuable insights into the future of the European economy and the world economy at large. This episode of Boom Bust is a must-watch for anyone interested in understanding the complex dynamics that underlie the global economy and the political decisions that shape it.