Yanis Varoufakis: “The toxic lie is a cornerstone of the government’s state budget”

“Foundation stone of the government’s toxic lie”, characterized the 2023 state budget, which is being discussed in the Parliament, the head of MeRA25, Yanis Varoufakis, emphasizing that the “success story” narrative has failed, because the economic data itself refutes it, but also because it has been rejected by the Greek society itself, which has been driven by the government into economic suffocation.

Mr. Varoufakis characterized “Jifo” the investments for which the government triumphs, arguing that “the investments made are almost all in real estate, which, as they inflate, destroy productive activities”.

“When they shall burst, who hath seen the god, and was not afraid of him?” They will drag the public and private sectors even deeper into the black hole of bottomless debt. Until then, however, you will have been removed from the Fund. Throw away the investments you rave about. The serious, patient investors do not come to Greece, because they know that in 2030-32 the public treasury will be groaning from repayments to the troika and therefore there will be new negotiation, new measures, new prerequisites and therefore new taxes, while the insurance will require more public money. That is, the combination of public debt, a new channel of bad loans and an insurance gap.

All this guarantees the bottom of permanent Greek bankruptcy, over-taxation, dis-investment and, of course, the continued flight of young people”, emphasized Mr. Varoufakis. He warned that “now that the ECB is moving from quantitative easing to quantitative tightening, you will see what happens to the real estate bubbles about which you triumph.”

Mr. Varoufakis also strongly criticized the government’s policy on energy, asserting that Mr. Mitsotakis once vetoed the EU, but not to support the citizens – even by suspending the energy exchange – but in favor of the right of shipowners to continue transporting Russian oil, collecting the benefits it secured for them the veto”..

“You have, all memorants, condemned the citizens to a permanent rut, a permanent anxiety about how they will get by, and a permanent indignity that is 100% due to the institutionalized profiteering of your principals. Everywhere and always the capitalist state protects capital. But, the memorialists ended it,” he said characteristically.

He also said that “through the market for bad loans and the energy exchange, citizens are condemned to indignity and dependence on servicers and electricity providers, to the liquidation of their houses and shops and their work”.

“Having thrown them into the arena of lewdness, as the Romans threw the Christians to the lions, you passionately indulge in allowance populism – which sometimes, as with the 600, becomes racist subsidized populism – you also give them something, whenever they smoke you, like the ruler who keeps the hungry quiet by handing them a loaf here and there”, said Mr. Varoufakis and added:

“You are the only government in your day that has managed to reduce debt as a percentage of GDP, running a huge primary deficit.

Miracle; Of course not. Looting! Why did you manage to reduce it by indebting and oppressing the people, the citizens, the many”.

“Now, a breath before the election you come to make black white, with one budget, which, despite the fact that it was not written to be implemented, but to beautify the ugliness of the existing Mitsotakisism, manages to codify the class hatred of Mitsotakis SA towards every public good that has not been violated, every worker that has not been canceled, in protection every ecological value that has not been cemented and in every news or news that has not submitted to your viciousness,” concluded Mr. Varoufakis.

RES-EMP

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