Sunday, August 19, 2012

Rothschild Bets Big Against Euro

The Telegraph (UK) reported:

Lord Rothschild has taken a near-£130m bet against the euro as fears continue to grow that the single currency will break up. 

Bets against Lehman Brothers caused the storied firm to fall in September 2008,  How severe a financial crisis might be precipitated by the fall of a regional currency?  

The Rothschilds of the world purchase politicians to do their bidding.  How might British financial leaders respond in a Euro currency crisis?