Labyrinth Labyrinth In Greek mythology, the Labyrinth ( "labúrinthos") was an elaborate, confusing structure designed and built by the legendary artificer Daedalus for King Minos of Crete at Knossos. Its function was to hold the Minotaur, the monster eventually killed by the hero Theseus. Daedalus had so cunningly made the Labyrinth that he could barely escape it after he built it. Although early Cretan coins occasionally exhibit branching (multicursal) patterns, the single-path (unicursal) seven-course "Classical" design without branching or dead ends became associated with the Labyrinth on coins as early as 430 BC, and similar non-branching patterns became widely used as
The Global Minotaur taking advantage of its position in the age of the Global Minotaur to build up colossal amounts of private money on the back of its profits in a process of 'financialisation', which then collapsed as it became unsustainable. Crucially, the crash caused the Global Minotaur to be wounded as America's banking sector was no longer able to attract sufficient capital to balance the USA's twin trade and budget deficits. With the newfound lack of a global surplus recycling mechanism Varoufakis considers possible future alternatives in a postscript published in the 2015 second edition of the book. He considers the possibility