Tag Archives: Bank of England

The Day Britain Cried. They Call It The Black Wednesday.

Black WednesdayToday is the 20th anniversary of the day popularly known as Black Wednesday. It was the day when some folks made billions of dollars out of short selling while the economy of UK screamed in agony. Many of you may have a brief idea about what happened on that day. Yes! A guy by the name George Soros turned into a billionaire and is now trying to decriminalize marijuana in California but that’s just the fancy part of it. The crisis UK went through during that time was the real deal. It was sad, in fact devastating but it‘s got so much to learn from. There is a lot to learn from this one incident. If economy is something that interests you then fasten your seat belts because I am going to show you the real game. Continue reading

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