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Richard Werner - Science Summit Uncensored 2022
Lecture by Richard Werner followed by an interview by Tom Zwitser with Richard Werner.
Professor Richard A. Werner (DE), Prof Dr Economy
Richard has worked for Deutsche Bank as chief economist for Jardine Fleming Seucrities (Asia) Ltd., Shimomura Genoot at the Development Bank of Japan in Tokyo, and was a European Commission Doctorate at the University of Oxford. Richard has founded an investment advisory firm, advising top institutional investors worldwide since 1998. He also became a Senior Consultant at the Asian Development Bank, advising the Thai government in 1999 on the termination of their IMF program. From 2000 to 2003, Richard was a member of the Asset Allocation Committee of TelWel, a $6.2 billion corporate pension fund of the Nippon Telephone and Telegraph Communications Group. In 2006 Richard became Senior Managing Director and Senior Portfolio Manager at Bear Stearns Asset Management Ltd., establishing the Bear Sterans Global Aplha Fund in London. For over a decade Richard was an active member of the ECB Shadow Council, and since 2010 he has been involved in planning and starting up community banks in the UK and elsewhere.
In 1991, when Japan's GDP growth was 7% and the top 10 banks were all Japanese, Richard warned of the coming banking crisis and depression in Japan. In 1995 he proposed a new policy to end the banking crisis which he called “Quantitative Easing”. His book Princes of the Yen, on central banking, was a top bestseller in Japan in 2001. The 2003 English edition warned of the coming credit bubble, banking crisis and recession. His 2005 book New Paradigm in Macroeconomics (Palgrave Macmillan) presents reality-based economics. His academic research is one of the most downloaded scientific researches in the world (see [www.professorwerner.org](http://www.professorwerner.org “”)). You can follow him on YouTube at Werner Economics and on Twitter @scientificecon and @professorwerner, as well as on Telegram.
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