3min chapter

The Joe Walker Podcast cover image

The Man Who Defied Europe - Yanis Varoufakis

The Joe Walker Podcast

CHAPTER

The Nash Equilibrium in Greece

Greece is not a player in the Eurozone, he says. There are many different players representing Greece. The Prime Minister obviously had different ones as it turned out. Within the IMF, the leadership agreed with me on the importance of debt structure. But middle management that were thoroughly opposed to it. They were trying to topple me for wanting to restructure the debt. It is an ill-defined game. Let's put the game theory on the side when we talk about reality.

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