In this video, Yanis Varoufakis explains the real reasons why the US dollar remains powerful and how America’s debt shapes the global economy. He also tell us why the BRICS face enormous obstacles in trying to challenge the hegemony of the dollar, and much more.
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Yanis Varoufakis born 24 March 1961 is a Greek economist, politician, and co-founder of DiEM25. A former academic, he served as the Greek Minister of Finance from January to July 2015. Since 2019, he is again a Member of Greek Parliament and MeRA25 leader. He is the author of several books including, Another Now (2020). Varoufakis is also a professor of Economics – University of Athens, Honorary Professor of Political Economy – University of Sydney, Honoris Causa Professor of Law, Economics and Finance – University of Torino, and Distinguished Visiting Professor of Political Economy, Kings College, University of London.
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