Consolidating debts net
The Bank of England originated in a revolution, when William III, Prince of Orange, drove King James II from the throne.Since the Bank of England Charter was granted by William in 1694, there has never been another revolt against the Crown.
Although the Rothschilds did not become associated with the Bank until 1812, when Nathan Mayer Rothschild increased his fortune 6500 times by taking advantage of false rumors that somehow swept the London Stock Exchange, purporting that England had lost [to Napoleon] at Waterloo.Today, every ruling house of Europe, as well as those out of power, is a direct descendant of King William, including Queen Juliana of the Netherlands; Margaretha, Queen of Denmark; Olaf V of Norway; Gustaf of Sweden; Constantine of Greece; Prince Rainier of Monaco; and Jean, Grand Duke of Luxembourg, whose son married the daughter of C. Lord Shrewsbury (Charles Talbot) had been given places by both Charles II and James II; nevertheless, he played a leading role in the revolution.He took 12,000 pounds to Holland to support William in 1688, returned with him, and was made secretary of state.In effect, multiple debts are combined into a single, larger piece of debt, usually with more favorable pay-off terms: a lower interest rate, lower monthly payment or both.
Consumers can use debt consolidation as a tool to deal with student loan debt, credit card debt and other types of debt.
The royal family has been secure because the source of money, crucial to a revolution, has remained under control.