What is money and who rules the world? | Yanis Varoufakis | Escaped Sapiens #46
The Escaped Sapiens Podcast
Is the European Central Bank a Monetary Union?
In 1971, a British Cambridge economist had foreseen in 1971 that the European Union would collapse. Nicolas Calder was his name, and he wanted the European Union to come together. A monetary union without a political union on common debt is going to create a gigantic financial crisis by itself,. And when it hits, we are going to suffer massive centrifugal forces at the social level of discourse," says Jean-Claude Junker. "I have done good authority. I've written about this"
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