What’s on Raoul Pal's Mind?
Real Vision: Finance & Investing
00:00
The UK's Role in Financial Markets
England has one great trick. It has a incredible financial system, democracy, and they speak the English language. The foreign exchange markets became the new market in town because before that, everything was pegged to gold. All the US banks at this stage over the 90s and 2000s after big bang, which was the deregulation of the banking industry in the UK,. everybody moved to London to set up business.
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