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He shorted the pound enough to move the market significantly, and his buyback strategy deliberately prevented any stabilisation. The crash wouldn't have happene
by Blahah 10y ago
He shorted the pound enough to move the market significantly, and his buyback strategy deliberately prevented any stabilisation. The crash wouldn't have happened or at least wouldn't have been as bad without his involvement.
- shitgoose 10y agohttps://www.youtube.com/watch?v=K_oET45GzMI https://www.youtube.com/watch?v=K_oET45GzMI a good overview of the origins of the crisis. how politicians for their own shortsighted gains made one poor decision after another and led the country into financial crisis.