Thursday, March 11, 2010

George Soros and British Pound

British Pound Plunging

The ongoing plunge in value of the British pound brings to mind the millions earned by George Soros when he bet against it in September 1992.

Concerns over the rate of the fall in value of the pound has some concerned over how that will impact the value of stocks, commodoties and trade around the world.

The pound has been in even worse shape than the euro over the last month and a half or so, and it remains to be seen how it could effect the global scene.

It makes you wonder if old George Soros is back in the picture, or at least someone like him.

British Pound Plunging

1 comment:

Commie Blaster said...

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