Soros
Today I would like to talk about the most famous international speculator of them all Geroge Soros and how he went about braking the bank of England in September 1992 and quasy single handed terminate the ERM.
I have always been very fascinated by international financial speculation and the actual power the individual investor has.
George Soros is proberbly the worlds most famous hedge fund manager in the world.George Soros was born in Budapest, Hungary …
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…defenses, Devaluing the baht. That set off the wave of devaluations in Malaysia and elsewhere that marked the beginning of a global economic turmoil.
That conclude my little presentation on Soros and the power that speculators have in the current international financial system. However before ending I would like to hear you opinion to whether you find such speculations directly attacing counties currencies amoral and incorrect or if you believe that such actions are legitimate.
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