Changes

Jump to navigation Jump to search
597 bytes added ,  20:52, July 23, 2020
→‎Career: Currency manipulation and shorting
Line 37: Line 37:     
[[File:Britishpound-crash-soros.jpg|right|400px|thumb| Chart showing the effects of Soros manipulating the British Pound in 1992.]]
 
[[File:Britishpound-crash-soros.jpg|right|400px|thumb| Chart showing the effects of Soros manipulating the British Pound in 1992.]]
In 1992, Soros earned the title, ''"the man who broke the Bank of England"'',<ref name="gurufocus.com"/> for shorting the [[British]] Pound. He made a $1 billion profit under the $10 billion deal. Soros is also credited with collapsing the Malaysia financial market.<ref name="ASpectator"/>
+
In 1992, Soros earned the title, ''"the man who broke the Bank of England"'',<ref name="gurufocus.com"/> for shorting the [[British]] Pound. He made a $1 billion profit under the $10 billion deal. Soros is also credited with collapsing the financial markets of Malaysia<ref>[https://www.latimes.com/archives/la-xpm-1997-sep-22-fi-34969-story.html Malaysian Leader, Soros Trade Barbs]</ref> by shorting the baht.<ref>[https://www.businessinsider.com/how-george-soros-broke-the-bank-of-thailand-2016-9?op=1 Here's how George Soros broke the Bank of Thailand]</ref>  He was also accused of manipulation by Indonesia<ref>[http://content.time.com/time/nation/article/0,8599,9574,00.html Asian Tiger in Currency Crisis]</ref> and in 2013 shorted the Japanese Yen.<ref>[https://www.wsj.com/articles/SB10001424127887324432004578302461873792762 U.S. Funds Score Big by Betting Against Yen ]</ref>
    
===Personal Ambition===
 
===Personal Ambition===
Block, SkipCaptcha, Upload, Automoderated users, edit, move, protect, rollback
9,147

edits

Navigation menu