4 ms·
>Even if he's short the euro, it kinda seems that no single famous, connected billionaire can make or break the euro. It's, like, a really, really big, erm, thi
by feral 11y ago
>Even if he's short the euro, it kinda seems that no single famous, connected billionaire can make or break the euro. It's, like, a really, really big, erm, thing.
The euro is bigger than GBP, but:
You do know he broke the British Pound, right?
http://priceonomics.com/the-trade-of-the-century-when-george-soros-broke/ http://priceonomics.com/the-trade-of-the-century-when-george...
- _yosefk 11y agoYour link says John Major instituted a fixed exchange rate regime and made pounds overpriced. Soros didn't even break the news (a German official did), he just made the most profit shorting the pound. I wouldn't call it "breaking the pound" unless you think the pound was priced about right and he made his profit manipulating the public opinion and thus moving the market. BTW, I found the interview rather trite; he's really full of it.