Professor Werner - one of the very few experts whose forecasting has been actually on spot for the last three decades and who speaks up against the elites in the finance sector and calling out their BS.
Very happy to see Mr. Werner here . But iam confused why mr. Werner isn’t getting deserved fame and raise for what he did . He did absolutely insane which only Few on this planet could ever do . But still is not famous. I think it has something to do with people’s educational level cause for many people it’s hard to understand what Mr. Werner is saying But whoever has good Financial or economic education background can understand him easily as he is Crystal clear 🙏🏻🙏🏻🙏🏻.
The ECB came up with the Euro in the late 1990's. 25 yrs on and the zone is still conflicted and under invested. Mega Cap banks have not served anyone well. The US cannot escape this terror either. Private equity and large asset managers are just interested in enriching themselves and their partners. Banking at the local community level has a lot of challenges. Thanks to Richard we can stay informed on this topic. I have listened to him for years and am eager to hear more. "Princes of the Yen" is an incredible book. Watched the film on YT. Everyone should see it.
Excellent talk by Prof. Werner. Coincides with Albert Einstein's most significant scientific discovery: Local Symmetry is Nature's core principle. Local Symmetry is a relationship concept. So, the insight that local banks, via their local realtionship network, can drive economic growth and creativity corresponds, in an inspiring fashion, to the deepest result of scientific research in the field of physics. Physicist and Nobel Prize Laureat, Frank Wilczek, put it that way regarding Local Symmetry: “…local symmetry dictates what you must do, every step of the way.” Frank Wilczek (The Lightness of Being, 2010, p.72) Great that economics theory includes this fundamental principle of Nature now to serve all people.👍👍
Professor Werner - one of the very few experts whose forecasting has been actually on spot for the last three decades and who speaks up against the elites in the finance sector and calling out their BS.
Very happy to see Mr. Werner here . But iam confused why mr. Werner isn’t getting deserved fame and raise for what he did . He did absolutely insane which only Few on this planet could ever do . But still is not famous. I think it has something to do with people’s educational level cause for many people it’s hard to understand what Mr. Werner is saying But whoever has good Financial or economic education background can understand him easily as he is Crystal clear 🙏🏻🙏🏻🙏🏻.
Fascinating talk on local and community banking from economics expert.
The ECB came up with the Euro in the late 1990's. 25 yrs on and the zone is still conflicted and under invested. Mega Cap banks have not served anyone well. The US cannot escape this terror either. Private equity and large asset managers are just interested in enriching themselves and their partners. Banking at the local community level has a lot of challenges. Thanks to Richard we can stay informed on this topic. I have listened to him for years and am eager to hear more. "Princes of the Yen" is an incredible book. Watched the film on YT. Everyone should see it.
Excellent talk by Prof. Werner. Coincides with Albert Einstein's most significant scientific discovery: Local Symmetry is Nature's core principle. Local Symmetry is a relationship concept. So, the insight that local banks, via their local realtionship network, can drive economic growth and creativity corresponds, in an inspiring fashion, to the deepest result of scientific research in the field of physics.
Physicist and Nobel Prize Laureat, Frank Wilczek, put it that way regarding Local Symmetry:
“…local symmetry dictates what you must do, every step of the way.” Frank Wilczek (The Lightness of Being, 2010, p.72)
Great that economics theory includes this fundamental principle of Nature now to serve all people.👍👍
My favorite economist
Let's dominate Professor Werner - as a new ECB's President. Click thumps up if this is good idea.
ad 11:10 (Banking System): In Switzerland we have also a system of small local banks, so-called Cantonal Banks.
absolute legend
"The Soviet Commissars in Brussels don't like free opinions and open debate." Nor does RAW?
Top man
Thank you
I start to learn English,and i choose this channel to training my listening
And I hope I can speak English fluently to get more chance in the future🙌