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Thanks to Seeking Alpha for sponsoring today’s video! Check out Seeking Alpha Premium today at https://seekingalpha.me/PatrickBoyle and score a 14-day free trial. In The UK, September 16, 1992, is known as Black Wednesday, the day when speculators including George Soros and Stanley Druckenmiller "broke the pound." This expression is used to describe the moment in time where market forces coalesced to force the British government to exit the European Exchange Rate Mechanism (ERM) by removing its currency from that agreement. Joining the ERM was part of Britain's effort participate in a single European Currency. Patrick's Books: Statistics For The Trading Floor: https://www.amazon.com/Statistics-Trading-Floor-Science-Investing/dp/B088N8X379?language=en_US Derivatives For The Trading Floor: https://www.amazon.com/Derivatives-Trading-Floor-Futures-Options/dp/B08JDXBNK6?language=en_US Corporate Finance: https://www.amazon.com/gp/product/1530116597?language=en_US Ways To Support The Channel Patreon: https://www.patreon.com/PatrickBoyleOnFinance Buy Me a Coffee: https://www.buymeacoffee.com/patrickboyle Visit our website: www.onfinance.org Follow Patrick on Twitter Here: https://twitter.com/PatrickEBoyle Patrick Boyle On Finance Podcast: Spotify: https://open.spotify.com/show/7uhrWlDvxzy9hLoW0EYf0b Apple: https://podcasts.apple.com/us/podcast/patrick-boyle-on-finance/id1547740313 Google Podcasts: https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkcy5idXp6c3Byb3V0LmNvbS8xNTk1NTM5LnJzcw?sa=X&ved=2ahUKEwin9J-OjKfvAhXTIM0KHW5FD4MQ9sEGegQIARAC Join this channel to support making this content: https://www.youtube.com/channel/UCASM0cgfkJxQ1ICmRilfHLw/join
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