User: Jerryseinfeld
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- Why did the speculators attacked England, not others country in ERM?
- You tell me. Actually a lot of people sold every currency there is at the time. But a currency doesn't move for ONE guy, but from thousands, and thens of thousands. The forex market is very liquid, with transactions worth $2 trillion a day on average. Even if you throw all your $10 or $20 billion on it, it wont budge an inch more than a train will budge for a bicycle on the rail. If Soros make a correct bet, he makes money, but it doesn't affect the market a billionth of nothing. - Jerryseinfeld 00:00, 3 Dec 2004 (UTC)
