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Black Wednesday (BBC 1997)

batrachious · 1.1M views · 2012-12-21 · 49:31

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Overview

A 1997 BBC documentary on Black Wednesday in 1992, when sterling was forced out of the Exchange Rate Mechanism. It covers the crisis from the British government side, including George Soros's trade and political mistakes.

On Hacker News

HN recommends it as a detailed documentary on the Soros-versus-Bank-of-England episode.

Recommended by 3 HN people across 3 months · HN mentions 2014–2019

Topics

Macroeconomics & financial crisesDocumentaries & storytellingInvesting & personal finance
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george sorospound sterlingexchange rate mechanismbank of englandbbc

What people said

elmar · 2019-11 · Recommendation

This incident was the main reason the UK didn't enter the Euro. This wonderful BBC documentary explains everything on detail. [VIDEO]

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shitgoose · 2017-03 · Recommendation

[VIDEO] a good overview of the origins of the crisis. how politicians for their own shortsighted gains made one poor decision after another and led the country into financial crisis.

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loso · 2014-05 · Recommendation

A pretty good documentary from the BBC about Black Wednesday. Shows more from the government side and the mistakes they made than Soros part but still gives you a good understanding of what happened. [VIDEO]

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Sources

Video by batrachious, played through YouTube.

Data and selection notes

HN summaries and labels may contain AI errors. HN dates refer to discussions, not video publication.

HN Library: HackerTube export (2026-10-31) and open-index/hacker-news. Upstream summaries and classifications may contain AI errors.

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