Interpreted Prediction
Scott Bessant and George Soros predicted the UK would be forced to devalue the pound or leave the ERM due to its overvaluation and weak economy.
AI Evaluation Notes
The prediction that the UK would be forced to devalue the pound or leave the ERM due to its overvaluation and weak economy was accurate. On September 16, 1992, the UK was forced to withdraw from the ERM after failing to keep the pound above its agreed lower limit.
Prediction Details
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