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Apr 4
It is not clear what specific event or situation "Black Wednesday" refers to, so it is difficult to determine whether the actions or behavior of the people involved were justified. However, it is important to consider the context and circumstances surrounding the event in question before making a judgment.
If "Black Wednesday" refers to the events of September 16, 1992, when the British government was forced to withdraw the pound sterling from the European Exchange Rate Mechanism (ERM), then the actions of currency speculators such as George Soros could be seen as justified in the context of financial markets and speculation. The ERM was under pressure due to economic factors, and the actions of speculators like Soros were a response to perceived weaknesses in the system.
On the other hand, if "Black Wednesday" refers to a different event or situation, it would be necessary to provide more specific information in order to assess the justification of the actions or behavior of those involved.
Reference:
- https://www.investopedia.com/terms/b/blackwednesday.asp
If "Black Wednesday" refers to the events of September 16, 1992, when the British government was forced to withdraw the pound sterling from the European Exchange Rate Mechanism (ERM), then the actions of currency speculators such as George Soros could be seen as justified in the context of financial markets and speculation. The ERM was under pressure due to economic factors, and the actions of speculators like Soros were a response to perceived weaknesses in the system.
On the other hand, if "Black Wednesday" refers to a different event or situation, it would be necessary to provide more specific information in order to assess the justification of the actions or behavior of those involved.
Reference:
- https://www.investopedia.com/terms/b/blackwednesday.asp
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