It appears the Qataris will soon own everything – or at least, everything in London. Not content with the billions already invested in the London luxury property market, the Qatari royal family has just purchased Harrods. What I hear is it was £1.5 billion over the table and a similar amount under, but no one is admitting to that.
The fact that Harrods has been foreign owned passes many people by and the news that it has once again been sold to a foreign interest comes as no great shock to those of us aware of the strong connections between the British banking elite and the Middle Eastern oil Sheiks are not even slightly surprised.
The slow movement of wealth from the middle classes to those in charge of creating the money continues, and the recent slump in house sales in the UK also continues. Hard to say when things will come to a head with the Eurozone creating money out of thin air. Who will collapse their currency first? We shall see.
Here is the BBC report on the recent sale of Harrods to Qatar.
