“The controllers of an economy always benefit from a collapse.
In 1814, Napoleon’s army went into battle at Waterloo, Belgium. The investment moguls at Capel Court in the City of London were biting their nails with worry, as the outcome of the battle would determine stock prices. If the French won, stock prices would drop dramatically. If Britain won, prices would rise dramatically.
In those days, communication was slow. it would take considerable time for the official envoy to travel from the battlefield in Belgium to London with the news of the outcome of the battle.
England’s foremost banker, Nathan Rothschild, had sent his own messenger to Waterloo with instructions to return by the fastest possible means with the news. Consequently, Mister Rothschild received the news many hours ahead of the return by official messenger.
He then was seen at the stock exchange selling as much as he could as quickly as he could. The word went out: “Rothschild knows.” This elicited a panic and others sold as quickly as they could.
Prices plummeted quickly; then, as the official envoy from Waterloo came up the Thames, Rothschild suddenly bought heavily at a rock-bottom price. Within the hour, the envoy provided the news that Britain had won the battle and prices shot through the roof, making enormous profits for Rothschild, all within one trading day.
He later called it, ‘The best business I ever did.'”