All right. We are live. We have with us, Alexander Merkirce and the one and only Professor Jeffrey Sacks.

I have all of your information in the description box down below, and I will add it as a pin comment, so you can read all of Jeffrey Sacks' articles and his, and everything that he's putting out there.

It is fantastic.

And thank you to everybody that is watching us.

Thank you to our moderators, Alexander.

Professor Sacks, we have got quite a lot to talk about.

So let's get into it.

Indeed.

Yes, I mean, let's go straight in because we want to discover, discuss rather two topics

today.

One is an very important article which you've written about the evolution of the financial

system in the world.

But I think we must start with the events in the Middle East, in Israel, in the Palestinian territories, in Gaza.

And to most of us, this has come, it seems, out of a clear blue sky in the sense that we've

always known that there were problems there, many, many, very deep-seated, serious problems.

But I certainly wasn't expecting that just over the last couple of days, the events would take this dramatic turn that they have.

And I was wondering, Professor Sachs, I mean, you know the region, you know every region,

but you know this region.

What are your initial thoughts? I mean, where are we heading?

It looks as if, thank heavens, there is now an effort to try and avoid an expansion of the war.

We're seeing the Israeli government and the US government saying there's no evidence yet

that Iran was involved.

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