During the past four decades, 1971 - 2011, the world witnessed key changes affecting politics, the economy, including the banking and fi nancial systems, leading to the collapse of nations’ political, economic systems and international banking crises.
The spread of globalization in the world constituted a major revolution, state borders were eliminated and the principle of survival of the fi ttest prevailed.
Since 1972, I was privileged to witness and keep up with all of the political, economic and fi nancial changes thanks to my long career in the banking sector and through my participation in international, regional and local conferences and seminars, as well as through the books I have published over the years and 42 years of academic life. I did not content myself with the mere observation of the situation; but had made my own economic and fi nancial forecasts that often came true for which I won prizes.