Mao Ge watched the news. On February 8, last Thursday, the British "Daily Telegraph" reported that Soros was supporting the action of blocking Britain's withdrawal from the EU.

George Soros

Then Soros was ridiculed by the British media and netizens. British media criticized Soros for meddling, including "keeping your dirty money", and netizens said that he "can't hide the fox's tail".

In fact, these reactions are understandable. After all, Soros's attack on the pound is not far from now.

As the main currency in Europe and the world, the pound has lasted for more than 200 years. 1989, 165438+ In October, the glass wall collapsed and Germany was unified. But Soros believes that after reunification, Germany will face economic difficulties for a long time, which is an opportunity for him, especially in 1990, when Britain decided to join the European exchange rate system, and in1992,2.

Speculators, including Soros, seized the opportunity to expand their positions in the past few months and prepare to attack the pound. In September, speculators began to attack the weak currencies in the European exchange rate system, including the pound.

Soros began to sell weak European currencies in the market. Central banks have to spend huge sums of money to support their exchange rates. However, a drop in the bucket.

Chart of GBP against RMB

The pound has been falling all the way. In this attack, the British government used $26.9 billion in foreign exchange reserves, and failed to resist Soros's offensive. Eventually defeated, forced to withdraw from the European exchange rate system. On the other hand, Soros made a lot of profits, close to $6543.8 +0 billion. Not only that, in the forward interest rate futures of Britain, France and Germany and the short-term trading of Italian lira, the total profit also reached 2 billion US dollars.

1September 992 15 is a harvest day for Soros, but it is a black Wednesday for the British.