BBC Six o'clock news 16th September 1992 Sterling crisis
Ultimately Sterling was ejected from the Exchange Rate Mechanism and devalued.
Жүктеу.....
Пікірлер: 32
@DanBmthUK3 жыл бұрын
15% interests rates today would see the total annihilation of the mortgage market
@888ssss
Жыл бұрын
get ready......
@HeadshotFilms15 жыл бұрын
My right ear enjoyed watching this video
@97channel
5 жыл бұрын
You watch videos with your ears? You're doing it wrong.
@monklast9752
3 жыл бұрын
So funny.
@Sloth_and_Badger
3 жыл бұрын
Oh, these times of mono
@Evan_Makeba3 жыл бұрын
Btw. The kid in me thanks for including that old school intro. It’s so cool still.
@laxeystu80964 жыл бұрын
Very good video, fascinating the role of exchange rates in the economy
@SiVlog19893 жыл бұрын
John Mayor's government never really recovered, four and a half years later the Tories lost in a landslide with Labour gaining a majority of 179
@johnking51748 жыл бұрын
How tired the Six O'Clock news titles look here, by 1992 they had been used for 8 years and would not be changed until the virtual look launched in 1993.
@whatamalike
3 жыл бұрын
Just thinking the exact same thing. A total disconnect with the new look BBC1 of the time. I think the virtual look is still their 'classiest' look overall. Having said that, the 99 look (and especially the theme tune) are still holding up pretty well all things considered!
@johnking5174
3 жыл бұрын
@@whatamalike The virtual look had the best music, with the newly recorded orchestral versions of the news themes by George Fenton. They were class.
@alphabetaxenonzzzcat9 ай бұрын
The beginning of the end of John Major's government. It should of been a warning sign about the Euro. It also eventually sowed the seed for Brexit.
@Myndir14 жыл бұрын
Labour supported the ERM as well.
@Talkathon408 Жыл бұрын
It's interesting how the banks only charged 12% interest in response to interest rates hitting 15%. If that happened today, they'd probably charge 18%.
@RahulPatel-wn8gv Жыл бұрын
Sept. 18, 1992, LLNL physicists, engineers and scientists participated in Hunters Trophy, which would turn out to be the last underground nuclear test the Lab ever conducted. A moratorium soon followed, ending an era of underground testing for the Lab that had begun with the Rainier Event 35 years prior.19-Sept-2022 Operation Julin[1] was a group of 7 nuclear tests conducted by the United States in 1991-1992. These tests[note 1] followed the Operation Sculpin series, and were the last before negotiations began for the Comprehensive Test Ban Treaty.
@syedadeelhussain2691 Жыл бұрын
ERM was akin to the Gold / Bullion standard which was used before the WW1 aka Great War began.
@mrhammadmossop1988ul-haq2 жыл бұрын
29 years ago today I cannot believe it
@philipareed
2 жыл бұрын
Tell me about it.
@croydonrudeness3 жыл бұрын
what a balls up this was.
@gez200712 жыл бұрын
This was a week after I was born, it all looks so funny
@sebastiansellers5849
5 жыл бұрын
I would be 12 days old here :D
@applemask Жыл бұрын
The British electorate gets the worst case of buyer's remorse prior to 2020
@johnking5174
Жыл бұрын
It seems to be a regular thing in British history. The conservatives get elected when the country gets bored of Labour, the conservatives then f**k up the country in everyway they can think of, and then Labour is brought back in to clear the mess up, and then when it has done, the public chucks them out very quickly.
@sikinder034194810 жыл бұрын
THAT WAS GORDON BROWN!!! He looks like a baby!!
@laxeystu80965 жыл бұрын
5:42 So the Brexit devaluation of the pound may not be as welcome as the Leavers say.
Пікірлер: 32
15% interests rates today would see the total annihilation of the mortgage market
@888ssss
Жыл бұрын
get ready......
My right ear enjoyed watching this video
@97channel
5 жыл бұрын
You watch videos with your ears? You're doing it wrong.
@monklast9752
3 жыл бұрын
So funny.
@Sloth_and_Badger
3 жыл бұрын
Oh, these times of mono
Btw. The kid in me thanks for including that old school intro. It’s so cool still.
Very good video, fascinating the role of exchange rates in the economy
John Mayor's government never really recovered, four and a half years later the Tories lost in a landslide with Labour gaining a majority of 179
How tired the Six O'Clock news titles look here, by 1992 they had been used for 8 years and would not be changed until the virtual look launched in 1993.
@whatamalike
3 жыл бұрын
Just thinking the exact same thing. A total disconnect with the new look BBC1 of the time. I think the virtual look is still their 'classiest' look overall. Having said that, the 99 look (and especially the theme tune) are still holding up pretty well all things considered!
@johnking5174
3 жыл бұрын
@@whatamalike The virtual look had the best music, with the newly recorded orchestral versions of the news themes by George Fenton. They were class.
The beginning of the end of John Major's government. It should of been a warning sign about the Euro. It also eventually sowed the seed for Brexit.
Labour supported the ERM as well.
It's interesting how the banks only charged 12% interest in response to interest rates hitting 15%. If that happened today, they'd probably charge 18%.
Sept. 18, 1992, LLNL physicists, engineers and scientists participated in Hunters Trophy, which would turn out to be the last underground nuclear test the Lab ever conducted. A moratorium soon followed, ending an era of underground testing for the Lab that had begun with the Rainier Event 35 years prior.19-Sept-2022 Operation Julin[1] was a group of 7 nuclear tests conducted by the United States in 1991-1992. These tests[note 1] followed the Operation Sculpin series, and were the last before negotiations began for the Comprehensive Test Ban Treaty.
ERM was akin to the Gold / Bullion standard which was used before the WW1 aka Great War began.
29 years ago today I cannot believe it
@philipareed
2 жыл бұрын
Tell me about it.
what a balls up this was.
This was a week after I was born, it all looks so funny
@sebastiansellers5849
5 жыл бұрын
I would be 12 days old here :D
The British electorate gets the worst case of buyer's remorse prior to 2020
@johnking5174
Жыл бұрын
It seems to be a regular thing in British history. The conservatives get elected when the country gets bored of Labour, the conservatives then f**k up the country in everyway they can think of, and then Labour is brought back in to clear the mess up, and then when it has done, the public chucks them out very quickly.
THAT WAS GORDON BROWN!!! He looks like a baby!!
5:42 So the Brexit devaluation of the pound may not be as welcome as the Leavers say.
Revoke Article 50
@philipareed
5 жыл бұрын
What does that have to do with 1992?