Source Pravda.Ru

Rothschild warns of 'chaos, extremism' and 'horrendous' problems in Europe

 

Jacob Rothschild, 78-year-old banker and chairman of RIT Capital Partners, warned of global instability and fragility of hope for future income, columnist Richard Dyson wrote for The Telegraph.

In his statement about the results of the economic year 2014, Rothschild expressed concerns and spoke about a complicated economic background that investors will face in the future. According to Jacob Rothschild the current geopolitical situation is perhaps even more dangerous than it was during the Second World War, Pravda.Ru reports. 

He stressed out that the current state of affairs appeared as a result of rampant chaos and extremism in the Middle East, the crisis in Ukraine and the general weakening of Europe that faces the threat of horrendous unemployment against the backdrop of EU's inability to conduct necessary reforms. 

Pravda.Ru

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Several years ago, a prominent Indonesian businessman who now resides in Canada, insisted on meeting me in a back room of one of Jakarta's posh restaurants. An avid reader of mine, he 'had something urgent to tell me', after finding out that our paths were going to be crossing in this destroyed and hopelessly polluted Indonesian capital.

Capitalism reduced Indonesian cities to infested carcases

Several years ago, a prominent Indonesian businessman who now resides in Canada, insisted on meeting me in a back room of one of Jakarta's posh restaurants. An avid reader of mine, he 'had something urgent to tell me', after finding out that our paths were going to be crossing in this destroyed and hopelessly polluted Indonesian capital.

Capitalism reduced Indonesian cities to infested carcases
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