Jacob Rothschild, John Paulson And George Soros Are All Betting That Financial Disaster Is ComingMichael Snyder, Contributor Lets start with Jacob Rothschild. Apparently he believes that the euro is headed for quite a tumble. The following is from a recent CNBC article. Does it really have that much more that it can fall? If the eurozone ends up breaking apart it sure does. If there is a Greek default, or if Germany leaves the euro, or if a new currency comes along to replace the euro those currently betting against it will end up looking like geniuses. Another big name in the financial world that is betting against the euro right now is John Paulson. The following is from a recent Der Spiegel article. And as I noted in my last article, Paulson has also been putting billions of dollars into gold. So just what are Rothschild and Paulson anticipating? Could we be on the verge of a massive financial collapse in Europe? According to the Der Spiegel article mentioned above, a lot of investors seem to be preparing for such a possibility right now. The financial world is starting to wake up to the fact that the globe is absolutely drowning in debt and it is not really good to be holding fiat currencies when a debt crisis erupts. When men like John Paulson and George Soros start pouring huge amounts of money into gold, it is time to start becoming alarmed about the state of the global financial system. The amount of money that these men are investing in gold is staggering. And the central banks of the world are certainly buying gold at an unprecedented rate as well. According to the World Gold Council, the central banks of the world added 157.5 metric tons of gold last quarter. That was the biggest move into gold by the central banks of the globe that we have seen in modern financial history. But that might just be the beginning. According to a recent Marketwatch article, there are persistent rumors that China has plans to buy thousands of metric tons of gold. So what comes next? Nobody is quite sure. Another major financial crisis could erupt in Europe at any moment. A major war in the Middle East could start literally at any time. Renowned investor Jim Rogers believes that things are really going to get bad after the next election. Others believe that the action could start even sooner than that. The truth is that even though we have not seen a Lehman Brothers moment yet, things in Europe just continue to get progressively worse. The following is from a recent article by Mark E. Grant. There is a growing realization in Europe that the euro simply does not work. Italy is absolutely drowning in debt, the Spanish economy has basically descended into a depression, and Greece has been experiencing depression-like conditions for years at this point. The euro is doomed. The only question is who is going to blink first. Nobody wants to be the first to leave the euro. There are rumblings that it could actually be Finland that leaves the euro first, and that would please Germany just fine because they dont want to look like the bad guys in all of this. But that doesnt mean that Germany wont eventually pull the trigger if nobody else does. The German public is sick and tired of bailing out the weak sisters of southern Europe, and at this point it looks like it would take perpetual bailouts just to keep the euro together. And recently there have been lots of little signs that Germany is starting to move slowly toward the exit doors. In fact, I found it quite interesting that a giant euro sculpture was recently removed from the Frankfurt International Airport. Sure that might just be a coincidence, but it also could be a harbinger of things to come. Sadly, most average people living in North America and Europe have absolutely no idea what is coming. Most of them just want to be able to get up in the morning and go to work and pay the bills and take care of their families. Unfortunately, millions upon millions of those hard working individuals are in for a very rude awakening. A lot of people are about to have their current lifestyles totally turned upside down. But it doesnt have to be all bad. In fact, I found it very interesting to read about how some young people are responding to the depression in Greece. I think there is a lesson to be learned there. When the system fails, it is going to be important to be able to live independently of the system. Governments and big banks all over the world have been rapidly preparing for the coming financial collapse. Perhaps the rest of us should be too. If you can believe it, 77 percent of all Americans live paycheck to paycheck at least some of the time.If another major economic crisis comes along, many of those people are going to be totally wiped out. And there are already signs that the U.S. economy is basically on life support at this point. Just look at the velocity of money.In an economy that is growing and healthy, money tends to circulate very, very quickly.But when an economy is sick, money tends to circulate very slowly. And that is exactly what is happening right now. In fact, the velocity of money is currently at the lowest level in modern U.S. history This is exactly what happened back in the 1930s. The velocity of money absolutely plummeted. When people are scared, credit is tight and times are hard, money does not exchange hands as rapidly. But this is just the beginning. What we are experiencing right now is rip-roaring prosperity compared to what is coming. Jacob Rothschild, John Paulson and George Soros are preparing themselves for the tremendous chaos that is coming. Are you getting prepared? You can support this information by voting on Reddit HERE 