‘In the long term dollar is dead’ – Richard Werner, Professor of Banking and Economics

A wide selection of news on this episode of RT’s ‘Sanchez Effect’: mass protests in Nepal, the strongly condemned Israeli attack on Hamas ceasefire negotiators in Doha, the undermining of the role of China and Russia in the victory in World War II, a pedophile scandal surrounding an Israeli cyber division head and the EU’s impending economic disaster. We discussed the latter with Richard Werner, who says all of Europe’s economic issues are down to wrong priorities.

They don’t focus on their people’s welfare – unlike Chinese and Russian financial institutions – but on dubious foreign agendas. Werner explains that European countries tend to be democracies with elected elites but somehow have managed to create a ‘totalitarian nightmare’ that sets rules for Europeans who never voted for them. Richard also gives investment advice to all those thinking about where to put their money in these unstable times. Find out this and more – on RT International