Sir Evelyn de Rothschild on CNBC Dec 10, 2008
British banking giant blames all kind of people for the Global financial crisis
Group of 20 meeting
Behave correctly
Supervision
We have to think about the future, the next generation and generation after that.
Banks used extreme leverage without understanding it
There are a lot of people that have lost all their savings who are going to be faced with a terrible problem of feeding their families and dealing with the problems of day to day living. I think that is where the problem is going to be the greatest.
DJI
Dow Jones Industrials
401 K plans
Global Financial Overhaul
If your very safety conscious you hang on to your gold bars.
Around the world each country has it’s own problems. There are those countries that have been hit with inflation and they have to control it. There are those countries which have a problem with the work force. You have got to look at each one.
In the UK unfortunately at the moment we are getting more people out of work. Unemployment is increasing. We are going to have to find ways to help those that are less well off. We have the housing problem like yourself. Obviously we are a smaller economy. It’s going to be very difficult to get people to reinvest. Because money is going to be short.
Author: 911investigator
Keywords: Sir Evelyn de Rothschild on CNBC Dec 10 2008 British banking giant Global financial crisis Group of 20 meeting
Added: December 13, 2008
