4 ms·

"Take the Apple Store. You are producing an app, Apple can withhold 30 percent of your profits [through a commission fee]. That's a rent." Funny because I reme

"Take the Apple Store. You are producing an app, Apple can withhold 30 percent of your profits [through a commission fee]. That's a rent." Funny because I remember the days before Apple Store where telecom companies did you a favor if you sold them your game for $100 to put on their phones. Telefonica got crazy and offered $200 to the winner of a phone game competition in an engineering University. I have also worked with retailers that expect to get over 50% of the profit of anything you sell on their stores. I also have maintained my blogs, email and webpages on my own servers, something that you can do today with no problem, cheaper than ever. For Vanufakis, it looks like people are forced at gunpoint to use X. Mr Vanufakis believe that countries have the right to ask for money, spend it and never give it back, with no consequences. But of course the world does not work this way. In the real world, you don't pay your debts, they send you a hitman, specially if you expect paying back nothing.

MrBuddyCasino 3y ago
> Mr Vanufakis believe that countries have the right to ask for money, spend it and never give it back, with no consequences. "People on here often mock varoufakis for looking like voldemort, being incredibly vain and spending years trading off a job he had for 5 months, but they never give him credit for how funny he is" [0]: Varoufakis was elected secretary of the Black Students Alliance, a choice that caused some controversy, given that he is not black, to which he responded "that black was a political term and, as a Greek, on the grounds of ethnicity he had as much reason to be there as anyone else." [1] [0] https://twitter.com/khartoum_of/status/1710020375604555984 https://twitter.com/khartoum_of/status/1710020375604555984 [1] https://en.wikipedia.org/wiki/Yanis_Varoufakis https://en.wikipedia.org/wiki/Yanis_Varoufakis
tmcb 3y ago
> Mr Vanufakis believe that countries have the right to ask for money, spend it and never give it back, with no consequences. This is actually the opposite of what happened. The Greek government, which was already virtually bankrupt in 2010, took a 110b EUR loan from the IMF on very harsh conditions, and Varoufakis was very vocal against it at that point already. He was appointed Minister of Finance, he simply tried to renegotiate the terms of the deal, which the other involved parts refused.
- vladms 3y ago
  So how is it opposite? He tried to renegotiate because he considered there should be "less consequences". The problem with default on a loan is that while both parties must bear some responsibility (both the giver and the taker), it will always be the loan taker that will be in a worse situation at the end (has less options, power, etc.).
  - tmcb 3y ago
    Anti-government spending apologists keep saying that politicians should run their budget like households... (Also, I'm not saying you're one of them the way, but you happen to sound like one.) ... Negotiating debt settlements is the very first thing a financial advisor would tell you to do in case you (or an irresponsible family member) has contracted a huge debt. The fact that the lender denies your request doesn't say much about you besides your ability to negotiate. If you're dealing with a loan shark, that says more about them than it says about you.
    - vladms 3y ago
      My point is that "opposite to what happened" has no immediate connection to what he believes. I find normal that he tried to negotiate a better deal and that his negotiating position was worse because he was the defaulting party. He can still (or not) honestly believe the responsibility should be more/fully with the lender. I do agree up to some point that the richer entity should bear more responsibility, but I have a feeling his discourse is often very political (trying to mobilize and get people excited) rather than propose some realistic attainable policies.
      - tmcb 3y ago
        Now I get it, my bad. Yes, his discourse is very political, but he does not come off as a demagogue to me. I personally think that there should be a room in the public discourse for people to come up with unrealistic policies, as realistic ones always require a compromise that benefits those in already in power. It would be very hard to carve out new avenues for social progress otherwise.
deleted 3y ago
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MrBuddyCasino 3y ago

> Mr Vanufakis believe that countries have the right to ask for money, spend it and never give it back, with no consequences. "People on here often mock varoufakis for looking like voldemort, being incredibly vain and spending years trading off a job he had for 5 months, but they never give him credit for how funny he is" [0]: Varoufakis was elected secretary of the Black Students Alliance, a choice that caused some controversy, given that he is not black, to which he responded "that black was a political term and, as a Greek, on the grounds of ethnicity he had as much reason to be there as anyone else." [1] [0] https://twitter.com/khartoum_of/status/1710020375604555984 https://twitter.com/khartoum_of/status/1710020375604555984 [1] https://en.wikipedia.org/wiki/Yanis_Varoufakis https://en.wikipedia.org/wiki/Yanis_Varoufakis

tmcb 3y ago

> Mr Vanufakis believe that countries have the right to ask for money, spend it and never give it back, with no consequences. This is actually the opposite of what happened. The Greek government, which was already virtually bankrupt in 2010, took a 110b EUR loan from the IMF on very harsh conditions, and Varoufakis was very vocal against it at that point already. He was appointed Minister of Finance, he simply tried to renegotiate the terms of the deal, which the other involved parts refused.

vladms 3y ago
So how is it opposite? He tried to renegotiate because he considered there should be "less consequences". The problem with default on a loan is that while both parties must bear some responsibility (both the giver and the taker), it will always be the loan taker that will be in a worse situation at the end (has less options, power, etc.).
- tmcb 3y ago
  Anti-government spending apologists keep saying that politicians should run their budget like households... (Also, I'm not saying you're one of them the way, but you happen to sound like one.) ... Negotiating debt settlements is the very first thing a financial advisor would tell you to do in case you (or an irresponsible family member) has contracted a huge debt. The fact that the lender denies your request doesn't say much about you besides your ability to negotiate. If you're dealing with a loan shark, that says more about them than it says about you.
  - vladms 3y ago
    My point is that "opposite to what happened" has no immediate connection to what he believes. I find normal that he tried to negotiate a better deal and that his negotiating position was worse because he was the defaulting party. He can still (or not) honestly believe the responsibility should be more/fully with the lender. I do agree up to some point that the richer entity should bear more responsibility, but I have a feeling his discourse is often very political (trying to mobilize and get people excited) rather than propose some realistic attainable policies.
    - tmcb 3y ago
      Now I get it, my bad. Yes, his discourse is very political, but he does not come off as a demagogue to me. I personally think that there should be a room in the public discourse for people to come up with unrealistic policies, as realistic ones always require a compromise that benefits those in already in power. It would be very hard to carve out new avenues for social progress otherwise.

deleted 3y ago

[deleted]