On a final note, I have a message for Germany’s politicians: As a private Greek citizen, I understand your fatigue with all things Greek. But if you are so sure that your blueprint for stabilizing Greece is so good (and that the problem is its implementation by the Greek authorities), I would welcome you to come to Athens to take over its implementation. But on one condition:
If you succeed in making austerity work in the middle of a debt-deflationary cycle, I am happy for you to name your price. E.g. if within a year or so Greek GDP starts growing again and unemployment diminishes to below 10%, you can have our electricity grid (that Siemens has always coveted), our water companies, any assets that you name in advance.But, if you fail, then you must pay a price: e.g. pay in full Greece’s outstanding loans to the troika.
So, how about it? Are you game?
Επίλογος του πολύ ενδιαφέροντος άρθρου του κου Βαρουφάκη 30/01/2012