In this report, from London on Sunday, December 15th, 2019 I look at the events surrounding the 1992 ERM crisis in which the Italian lira and the British pound came under attack by currency speculators and how George Soros made a fortune shorting sterling.
Black Wednesday led to the British pound crashing versus the dollar and Deutschmark and led to the currency leaving the ERM which was the forerunner to the euro.
Seeing that George Soros is virulently anti Brexit and pro the EU project is it possible that he could try again to bring pound sterling to its knees as he did in 1992?
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