Greece's Economic Odyssey: Lessons from Austerity

Marko unloads on the myth that austerity worked in Greece, calling out lazy linear thinking, Eurozone nerds with Excel models, and Paul Krugman’s fantasy economics. He explains how Greece’s turnaround was real - but not for the reasons anyone thinks - and why Syriza’s U-turn was political heroism, not betrayal. The conversation pivots to India, where Modi is playing the U.S., China, and Europe against each other with tariff diplomacy. Plus: Ottoman nostalgia, Donbas deadlock, and why even ISIS prefers Toyotas.

--

Timestamps:

(00:00) - Introduction

(01:17) - Greece's Economic Turnaround

(03:00) - Debating Austerity and Economic Policies

(07:33) - Greece's Political Landscape and Reforms

(12:17) - Comparing Greece and Brexit

(30:19) - India's Market and Global Trade Dynamics

(37:43) - The Importance of Foreign Competition in Domestic Markets

(40:33) - The Impact of Tariffs on the Auto Industry

(43:53) - India's Strategy Towards Foreign Auto Companies

(45:12) - Russia-Ukraine Conflict Update

(53:15) - Trump's Tariff Policies and Their Implications

(56:23) - The Future of US Trade Deals

(01:03:42) - Concluding Thoughts on Trade and Geopolitics