The british government had a huge information advantage. They could find out about the outcome of battles before anyone else. Because of this, they were able to borrow and make money hand over fist. If you were smart, you would plough your savings into that arbitrage opportunity.
How did the Rothschilds go from a poor family inhabiting a part-share of a home in a Jewish ghetto to the richest family of all time in less than 50 years? Listen to how they reach their zenith, and what has happened to the family since then.
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