nakedempire


The American Empire in a Changing World



Pages

Saturday, August 18, 2012

''Lord Rothschild takes £130m bet against the euro''

From The Telegraph

''The member of the banking dynasty has taken the position through RIT Capital Partners, the £1.9bn investment trust of which he is executive chairman.

The fact that the former investment banker, a senior member of the Rothschild family, has taken such a view will be seen as a further negative for the currency.

The latest omen follows news in The Daily Telegraph late last week that the government of Finland is already preparing for the euro’s break-up.

Sources close to RIT suggested that the position was not a dogmatic negative view on the euro as a currency, but rather a realistic approach on a currency that remains relatively weak.''

read more 

No comments:

Post a Comment