Holy Cow, it is 1992!!! For currency fans you remember when Soros almost broke the bank of england by shorting the pound. Looks like we are about to see something fo down in Europe!
The Times of Monday, October 26, 1992, quoted Soros as saying: "Our total position by Black Wednesday had to be worth almost $10 billion. We planned to sell more than that. In fact, when Norman Lamont said just before the devaluation that he would borrow nearly $15 billion to defend sterling, we were amused because that was about how much we wanted to sell.
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