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Britain out of EU (who is shocked)?
| April 11th, 2016 at 12:59:05 AM permalink | |
| Pacomartin Member since: Oct 24, 2012 Threads: 1068 Posts: 12569 |
http://priceonomics.com/the-trade-of-the-century-when-george-soros-broke/ This accounting of the story doesn't even mention turkey. How did turkey work in as part of Black Wednesday? |
| April 11th, 2016 at 4:56:27 AM permalink | |
| Fleastiff Member since: Oct 27, 2012 Threads: 62 Posts: 7831 |
Because Fleastiff spends all his time drinking and polishing his halo rather than ever doing any fact checking. |
| April 11th, 2016 at 6:52:19 AM permalink | |
| Pacomartin Member since: Oct 24, 2012 Threads: 1068 Posts: 12569 | http://www.marketwatch.com/story/turkey-rate-hike-stirs-black-wednesday-memories-2014-01-29 Turkey rate hike stirs Black Wednesday memories Published: Jan 29, 2014 Here is an article comparing Rate hikes in Turkey two years ago to Black Wednesday in 1992. But it is mostly a comparison of two situtations. Here is a description of Black Wednesday, but no mention of Turkey https://en.wikipedia.org/wiki/Black_Wednesday For decades the exchange rate between two countries was fixed. It is difficult to see how it can cause so much chaos in the world in the last 30 years. USD to GBP 1791 $ 4.55 1792 $ 4.47 1793 $ 4.51 1794 $ 4.75 1795 $ 4.53 1796 $ 4.29 1797 $ 4.44 1798 $ 4.39 1799 $ 4.13 1800 $ 4.55 1801 $ 4.38 1802 $ 4.49 1803 $ 4.54 1804 $ 4.55 1805 $ 4.35 1806 $ 4.43 1807 $ 4.42 1808 $ 4.63 1809 $ 4.57 March 4, 1809 James Madison becomes 4th POTUS 1810 $ 4.30 1811 $ 3.82 First National Bank terminated 1812 $ 3.62 <--- War of 1812 1813 $ 3.75 1814 $ 4.24 1815 $ 4.90 1816 $ 5.22 The Second Bank of the United States, located in Philadelphia, Pennsylvania February 1816 established 1817 $ 4.60 March 4, 1817 James Madison ends 8 years as POTUS 1818 $ 4.50 1819 $ 4.51 1820 $ 4.52 1821 $ 4.82 1822 $ 4.98 1823 $ 4.80 1824 $ 4.87 1825 $ 4.83 1826 $ 4.92 1827 $ 4.94 1828 $ 4.93 1829 $ 4.86 March 4, 1829 Andrew Jackson becomes POTUS 1830 $ 4.76 1831 $ 4.86 1832 $ 4.86 1833 $ 4.79 1834 $ 4.64 1835 $ 4.85 1836 $ 4.82 The Second Bank of the United States, terminated January 1836 1837 $ 5.10 March 4, 1837 Andrew Jackson ends 8 years as POTUS 1838 $ 4.89 1839 $ 4.99 1840 $ 5.00 1841 $ 4.99 1842 $ 4.80 1843 $ 4.79 1844 $ 4.86 1845 $ 4.87 1846 $ 4.82 1847 $ 4.79 1848 $ 4.87 1849 $ 4.81 1850 $ 4.87 1851 $ 4.91 1852 $ 4.90 1853 $ 4.89 1854 $ 4.88 1855 $ 4.89 1856 $ 4.91 1857 $ 4.89 1858 $ 4.86 1859 $ 4.90 1860 $ 4.85 1861 $ 4.77 1862 $ 5.56 1863 $ 7.08 1864 $ 9.97 <----- Civil War 1865 $ 7.69 1866 $ 6.88 1867 $ 6.75 1868 $ 6.83 1869 $ 6.48 1870 $ 5.59 1871 $ 5.46 1872 $ 5.45 1873 $ 5.55 1874 $ 5.42 1875 $ 5.59 1876 $ 5.42 1877 $ 5.08 1878 $ 4.89 1879 $ 4.85 1880 $ 4.84 1881 $ 4.83 1882 $ 4.87 1883 $ 4.85 1884 $ 4.85 1885 $ 4.86 1886 $ 4.86 1887 $ 4.85 1888 $ 4.87 1889 $ 4.87 1890 $ 4.86 1891 $ 4.86 1892 $ 4.87 1893 $ 4.86 1894 $ 4.88 1895 $ 4.89 1896 $ 4.87 1897 $ 4.86 1898 $ 4.85 1899 $ 4.86 1900 $ 4.87 1901 $ 4.87 1902 $ 4.87 1903 $ 4.86 1904 $ 4.87 1905 $ 4.87 1906 $ 4.85 1907 $ 4.86 1908 $ 4.87 1909 $ 4.87 1910 $ 4.86 1911 $ 4.86 1912 $ 4.87 1913 $ 4.87 1914 $ 4.93 <----- US Fed created 1915 $ 4.76 1916 $ 4.77 1917 $ 4.76 1918 $ 4.76 1919 $ 4.43 1920 $ 3.66 1921 $ 3.85 1922 $ 4.43 1923 $ 4.58 1924 $ 4.42 1925 $ 4.83 1926 $ 4.86 1927 $ 4.86 1928 $ 4.87 1929 $ 4.86 1930 $ 4.86 1931 $ 4.54 1932 $ 3.51 1933 $ 4.24 1934 $ 5.04 1935 $ 4.90 1936 $ 4.97 1937 $ 4.94 1938 $ 4.89 1939 $ 4.43 1940 $ 3.83 1941 $ 4.03 1942 $ 4.04 1943 $ 4.04 1944 $ 4.04 1945 $ 4.03 1946 $ 4.03 1947 $ 4.03 <----- Bretton Woods 1948 $ 4.03 1949 $ 3.69 1950 $ 2.80 1951 $ 2.80 1952 $ 2.79 1953 $ 2.81 1954 $ 2.81 1955 $ 2.79 1956 $ 2.80 1957 $ 2.79 1958 $ 2.81 1959 $ 2.81 1960 $ 2.81 1961 $ 2.80 1962 $ 2.81 1963 $ 2.80 1964 $ 2.79 1965 $ 2.80 1966 $ 2.79 1967 $ 2.75 1968 $ 2.39 1969 $ 2.39 1970 $ 2.40 1971 $ 2.44 1972 $ 2.50 1973 $ 2.45 1974 $ 2.34 1975 $ 2.22 1976 $ 1.80 1977 $ 1.75 1978 $ 1.92 1979 $ 2.12 1980 $ 2.33 1981 $ 2.02 1982 $ 1.75 1983 $ 1.52 1984 $ 1.34 1985 $ 1.30 <-----------$1.05 in February 1985. Plaza Accord (Plaza Hotel September 22, 1985) 1986 $ 1.47 1987 $ 1.64 1988 $ 1.78 1989 $ 1.64 1990 $ 1.78 1991 $ 1.77 1992 $ 1.77 1993 $ 1.50 <----------- After Black Wednesday 1994 $ 1.53 1995 $ 1.58 1996 $ 1.56 1997 $ 1.64 1998 $ 1.66 1999 $ 1.62 2000 $ 1.52 2001 $ 1.44 2002 $ 1.50 2003 $ 1.64 2004 $ 1.83 2005 $ 1.82 2006 $ 1.84 2007 $ 2.00 <--- Financial Meltdown 2008 $ 1.85 2009 $ 1.57 2010 $ 1.55 2011 $ 1.60 2012 $ 1.59 2013 $ 1.56 2014 $ 1.65 |
| April 11th, 2016 at 11:37:49 AM permalink | |
| Pacomartin Member since: Oct 24, 2012 Threads: 1068 Posts: 12569 |  President Obama is also going to encourage Europeans to stop the natural gas pipeline improvements. NORD STREAM 1 was inaugurated on 8 November 2011. It has an annual capacity of 1.9 trillion cubic feet, but its capacity is planned to be doubled to 3.9 trillion cubic feet by 2019, by laying two additional lines (NORD STREAM 2). President Obama may make only two more trips to Europe while POTUS. United Kingdom (London) & Germany (Hanover) in the last week of April Poland (Warsaw) July 8–9 for NATO conference I have a feeling that he is going to seem like a buttinsky for his grand finale. |