He Helped Soros “Break the Bank of England.” Now He Must Help Trump Solve America’s $40 Trillion Debt Nightmare
London, September 1992. A Yale-educated analyst in his late twenties at George Soros’s fund helps build a short position against the British pound that culminates in Black Wednesday, when sterling exits the European Exchange Rate Mechanism (ERM). The trade nets Soros more than $1 billion. That analyst was Scott Bessent. Thirty-four years later, he is…