Hello!
It was September 1992, and George Soros had almost broken the British Pound. Twelve member states of the European Communities had signed a treaty in February to establish the European Union. Soros was sceptical of the UK’s decision to join the European Union exchange rate mechanism (ERM) that fixed currency exchange rates to the German Mark (DEM).
Keep reading with a 7-day free trial
Subscribe to Decentralised.co to keep reading this post and get 7 days of free access to the full post archives.