Lord Rothschild characterized the geopolitical situation in the world as the most dangerous since the end of WWII, warning investors about a forthcoming crisis.
“We are confronted by a geopolitical situation perhaps as dangerous as any we have faced since World War II: chaos and extremism in the Middle East, Russian aggression and expansion, and a weakened Europe threatened by horrendous unemployment, in no small measure caused by a failure to tackle structural reforms in many of the countries which form part of the European Union,” wrote Jacob Rothschild, a British investment banker and a member of the prominent Rothschild family, in an annual Strategic Report of RIT Capital Partners plc (RIT).
RIT is an investment trust that has been investing “in a widely diversified, international portfolio” delivering high returns to shareholders since 1988.
It seems that Rothschild’s concerns are shared by the EU member states as well: at the end of 2014 several European countries demonstrated a revived interest in gold as a monetary policy instrument and focused on repatriating their bullion gold reserves from abroad, citing issues of economic stagnation and an unprecedented level of money printing in the world.
Full article: Geopolitical Situation Most Dangerous Since WWII – Rothschild (Sputnik News)