The Great Red Dragon

The Great Red Dragon or London Money Power by L.B. Woolfolk, published in 1890, is a historical and economic analysis of the influence of financial elites, particularly those in London, on global industry and politics. Key themes of the book: Rise of the London Money Power: Woolfolk argues that a powerful financial empire has emerged, controlling industries and economies worldwide. Economic Imperialism: He describes how financial institutions manipulate markets and industries for their own benefit. Prophetic Interpretation: Woolfolk connects the concept of the "Great Red Dragon" to biblical prophecy, suggesting that financial elites play a role in shaping world events. Solutions and Remedies: The book proposes ways to counteract the influence of financial monopolies. Woolfolk presents a critical perspective on global finance, blending economic analysis with prophetic symbolism. His work remains controversial, with some viewing it as an early critique of financial globalization.