187. Yanis Varoufakis: How The 2008 Crisis Revived Far-Right Populism

The Rest Is Politics: Leading

Goalhanger

News, Government, Politics

4.6 • 3.2K Ratings

🗓️ 3 May 2026

⏱️ 78 minutes

🔗️ Recording | iTunes | RSS

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Summary

Was the 2008 financial crisis as consequential as the 1929 Wall Street Crash? How did it pave the way for Trump, Brexit, and the rise of the far-right across Europe? Will the economic damage caused by Trump’s war with Iran outlast the conflict itself? Rory and Alastair are joined by Yanis Varoufakis to discuss all this and more. __________ Search IG.com to find out more and/or Look for IG in your app store. __________ Social Producer: Celine Charles Video Editor: Josh Smith Assistant Producer: Daisy Alston-Horne Senior Producer: Nicole Maslen Exec Producer: Chris Sawyer General Manager: Tom Whiter Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Thanks for listening to The Restis Politics. Sign up to the Restis Politics Plus. To enjoy ad-free listening, receive a weekly newsletter, join our members chat room and gain early access to live show tickets. Just go to the restispolities.com. That's the rest is politics.com.
0:14.0	2008 was our generation's 1929. You're basically saying that that is what has in part led to the kind of global mess that we're in now.
0:23.2	That is what gave us trumpets, what gave us Brexit, what's giving us the rise of the far right in Europe?
0:27.9	Absolutely, absolutely.
0:29.2	You have a situation where the left failed and the liberal establishment failed that led to the fascist rising out through the woodwork.
0:36.8	You said the reason why Europe
0:38.1	is going down the drain? Is Europe going down the drain? Oh yeah, it's gone, finished. Because of what
0:42.2	you call socialism for the banks and austerity for the people. You do this if you want to destroy a
0:46.0	continent. This is what we did. This was the crime against Europe. This episode is presented by
0:52.4	IG. Sell in May and go away. Maybe a weird saying in finance,
0:57.4	but as many politicians know, a pithy phrase isn't necessarily an effective strategy.
1:02.3	And looking into Futsi 100, performance shows that this maxim would only have worked for two of the last 10 years.
1:08.9	So, while May's bank holidays might invite you to take a break,
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1:39.7	This episode is brought to you by Adobe Acrobat Studio. In politics, data plays a massive and
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