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I wouldn't call myself a Soros fan, but I don't think people generally blame him (alone, at least). Most people I've heard from on this recognize the gross inc
by the_watcher 12y ago
I wouldn't call myself a Soros fan, but I don't think people generally blame him (alone, at least). Most people I've heard from on this recognize the gross incompetence of those running the Bank of England, and the biggest problem anyone has with Soros is on moral grounds more than anything (exploiting incompetence to essentially take money from British taxpayers without providing them anything in return).
- seizethecheese 12y agoThe article's first sentence: > In 1992, George Soros brought the Bank of England to its knees. You're right that many well-informed people don't blame Soros alone, but the sentence above pretty well encapsulates the mythology surrounding this story. It would be more accurate to say: "the day George Soros hastened the collapse of the ERM."