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" The reason Greece became the first eurozone country to go manifestly bankrupt was simple enough. From the moment it looked likely that the drachma was history and Greece’s place in the euro was safe, bankers like Franz went into a frenzy of lending for the reason he explained to me so eloquently as we were flying to New York. "

Yanis Varoufakis , And the Weak Suffer What They Must? Europe's Crisis and America's Economic Future


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Yanis Varoufakis quote : The reason Greece became the first eurozone country to go manifestly bankrupt was simple enough. From the moment it looked likely that the drachma was history and Greece’s place in the euro was safe, bankers like Franz went into a frenzy of lending for the reason he explained to me so eloquently as we were flying to New York.