yanis varoufakis: it is ingenious, is in it.th of june, what was presented was a comprehensive proposal. it was more or less on a take it or leave it basis. what we said was, for us -- i am sure any independent observer would agree with this -- if we were to agree on it, we would be extending the crisis for another few months. the banks would be open, but we would have exactly the same situation as we have had the last five months. what we are saying to the greek people is no more extend and pretend. please back us. to this, this has absolutely no funding proposal worth of the paper is written on. this is what we are saying no to. this kind of mentality. just sign up, take a small bunch of money just to tide you over a few months, then we come back to the same crisis and negotiations. it is time to end this. guy: if it is voted yes, what will you be prepared to sign come tuesday morning, if there is a yes vote? yanis varoufakis: do you have any doubts that if there is a yes, the same proposal presented to me on the 25th of june

earlier today, we spoke with the former greek finance minister yanis varoufakis about that time. we were collected -- we were collected to reboot the greek economy, and to really -- elected ollected to -- to reboot the greek economy. unfortunately, the other side, lenders were not interested in having a rational discussion. given that we are continuing along the path of the famed program, business is continuing to sink deeper and deeper. we missed this chance collectively, creditors, lenders, the european union, we missed this great opportunity we had to stabilize greece and get off the headlines so you don't have to talk about greece again. >> basically, there is no chance of fixing greece? yanis: guardian angels cannot fix greece. am making is that even if you were to have guardian angels in charge, given the constraints of this understanding, can a broken economy like greece be amended by pushing almost everybody's service to 82%? -- canossibly -- henry we fathom recovery if we have to prepay at 100 -- 300% of the 2016? in 2016? that is eight long years of permanent recession

from yanis for focus -- yanis varoufakis. ♪ welcome to "bloomberg go." i'm david weston.stephanie ruhle. -- asited as i'm he excited as i am to hear from excited tots -- i'm hear from brendan greeley. -- stephanie: many times he rides motorcycles. you know doesn't write a motorcycle but does play a fiddle, vonnie quinn. vonnie: less icon in iowa, bernie sanders took part in a town hall for the democratic presidential candidates. he said he is confident voters will back his plan for single-payer medical coverage. bernie sanders: it is time in my view, for us to have adverse to take on the insurance companies, and provide health care to all people at an affordable cost. vonnie: the iowa caucuses are next monday. it may be a while before things are back to normal on the east coast. 48 hours after the blizzard, travel is still a mess. airlines delayed or canceled more than 2800 flights. many schools are still closed. in washington, d.c., federal offices remain shut today. so our schools and d.c., baltimore, philadelphia. in southern california, officials issued a message and