Reminds me of the fiasco Norman Lamont (UK chancellor) got into back in the days of the ERM (European Exchange Rate Mechanism - the forerunner of the Euro). In trying to prop up the value of sterling (opposite problem to this one, but still trying to play King Canute), he basically handed over a billion quid to George Soros & Co., then ended up baling out in the end anyway.AngMoG wrote:mind boggling. Spending so much money with virtually nothing to show for it...![]()
Black Wednesday
... And those were the days when a billion quid was a lot of money...
