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Archive of entries posted on 5th March 2019

How to make money out of Brexit — short the pound (maybe)

George Soros’ hedge fund made $1 billion in September 1992 by shorting the U.K. pound. The U.K. had got itself in a pickle by joining an insane currency stabilization scheme that predictably exploded. The next mess the U.K. government will inflict on itself is called Brexit — leaving the EU (the European Union). There are […]