"In politics and economics, Black Wednesday is 16 September 1992, when the British Conservative government was forced to withdraw the pound sterling from the European Exchange Rate Mechanism (ERM) after it was unable to keep the pound above its agreed lower limit in the ERM. George Soros, the most high-profile of the currency market speculators, made over £1 billion[1] in profit by short selling sterling." All tbe rest of us paid the price - unit trust ISAs halved in value - at least one pension fund provider went to the wall. But you must be right because of your well researched, carefully crafted slogan with the supporting empirical evidence clearly shown
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