“And the Weak Suffer What They Must?”
I always slightly disliked Yanis Varoufakis. Strike that, actually I always thought he’s a bit of a clown. Motorbike-riding, leather-jacket-clad, attention-seeking, populist, arrogant clown. Worst of all, he was part of that annoying movement of European politicians that rejected the narrative I believed in, namely that: One must always pay ones debts.1 EU and its institutions always know what they’re doing. Countries must be extremely careful with public spending and apply strict austerity measures when facing economic difficulties.
The Economist: Once you have gained a taste for adrenaline-flavoured simplicity, it can become addictive. Ukraine needs a decade of hard work on reform to recover the chances squandered in the past 25 years, building the institutions, habits and attitudes needed for honest, lawful government. That will require patience and expertise, not courage and barricades. I love Ukraine and Ukrainians, and I’m so glad that the violence stopped, but at the same time I’m worried about Ukraine’s future.