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Ep357 - Yanis Varoufakis | And the Weak Suffer What They Must?

Talks at Google

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The Optimism Game

We live in a world of multiple equilibria. Some good, nine, eight, seven; some awful, one, two, three. How is this possible? The rate of interest should be more or less the same as the rate of profit. We have extremely high rates of investment and very low levels of optimism. Everything is broken in our economy if people don't invest to make more profit.

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