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Re: The Rothchilds again?

Discussions about the economic and financial ramifications of PEAK OIL

Re: The Rothchilds again?

Unread postby Keith_McClary » Wed 08 Apr 2009, 00:39:01

cbxer55 wrote:Are Austria's banks going in for round two? This fellow seems to think it highly likely.
In 1931, Austrian bank Creditanstalt, owned by Europe’s famous Rothschild banking family, went under, sparking a run on other Austrian financial institutions that soon spread disastrously across the globe.
The ensuing panic decimated bank after bank and is considered the trigger of the Great Depression. Could history repeat itself, with Austria again triggering a global financial meltdown?
Austrian Banks Could Trigger Global Depression — Again

Nah, in our modern enlightened 21st century, governments will simply print money and lend it to the banks at low interest rates so they can lend it to the plebes at high interest rates until they (the banks, not the plebes) are solvent again.
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Re: The Rothchilds again?

Unread postby efarmer » Wed 08 Apr 2009, 20:38:26

http://www.c-spanarchives.org/library/i ... d=282364-1

Saw this Niall Ferguson on CSPAN talking about his book
The Ascent of Money. He did a masterful job of running
through the history of money and touched on the Rothschild
banking dynasty and many other things.

I normally get drowsy when listening to a teabag
professor but this Brit is very top drawer and
lit up like a clear night on the ocean.

If I could speak like Niall I would get the vacuum sweeper
hose between my ear and mouth and wow myself on
a regular basis.

I sure wish Mr. Bill was around to wax poetic on this
fine piece or work.
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