Greece’s Choice: Bargaining versus pleading
“When two sides bargain, their interaction reflects a potential mutual benefit but also a measure of conflict. For instance, when a firm and its supplier reach a deal, there is often more than one price where both will benefit. The high end of the range favours the supplier while the lower advantages the firm. So, when bargaining leads them to an agreement on the final price, they unlock a mutual benefit and resolve a potential conflict”.
This article is by Yanis Yaroufakis who is professor of Economic at Athens university.
On Ponzi austerity - Interview with Max Keiser
"We discuss the European short change con in which debt and debt facilities are created and swapped at ever increasing speeds in order to defraud the population. In the second half of the show Max talks to economist Yanis Varoufakis about the ponzi austerity screwing Europeans right down to the ground with more debt (Interview starts at 12'43")
