The Road to WWI

Up to and including Henry VIII’s reign, the financial power of Europe, including England, was the Holy Roman Empire with its head office in Rome. Once Henry threw out the Pope, England had to rely on private bankers. It was a very inadequate and sloppy system until the Amsterdam and London bankers got together in what is known as the Glorious Revolution of 1688 and created in 1689 the English Parliament followed by the Bank of England in 1694. Now that loans were guaranteed by taxes collected by a proper parliament, the bankers felt free to make loans. That’s when the Industrial Revolution really started. But the English financial system remained a parochial one.

 

Manufactured goods from England were sent all over the world and traded several times and what was brought back was worth many times the original goods. When these goods were sold in England they created a lot of wealth for the English bankers. They obviously wanted to continue that type of operation in the American Colonies, but the colonials started balking. That’s when Mayer Amschel Rothschild decided to do in America what the English and Dutch bankers had done in England. Rothschild financed the American Revolution in 1776, created the Bank of North America in 1781 and America became financially independent of the Bank of England.

 

As we have seen, the French real estate scam of 1789 made it possible for Rothschild and his five sons to buy up all the gold they could find in Europe. By 1810 Nathan Amschel Rothschild, at the ripe old age of 30, was the financial master of the world; he was in control of the monetary systems of England, America and much of Europe. He was not limited by nationalism and patriotism; he was an international banker who wanted to create market economies.

 

The American market economy would be very easy to build for the continent was empty, but the European market economy was another kettle of fish. There were all those languages and national egos, and each country had a history. That would all have to be dismantled at one point, but for now, the Holy Roman Empire or the Catholic Church had to be destroyed as a financial power.

 

Although France, the pillar of that empire, was destroyed in 1789 along with the Austro-Hungarian Empire, after Napoleon, the Catholic Royalists, especially the ones in France who had lost all their property in the grand daddy of real estate scams, wanted their stuff back and still had a lot of fight in them. It took three more revolutions to beat the stuffing out of them, but in 1875, they threw in the towel. Europe was now in the hands of the bankers. The latter could now start thinking about bulldozing the whole lot, hence WWI.

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