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Hello, DrCWT, and welcome to Wikipedia! Thank you for your contributions. I hope you like the place and decide to stay. Unfortunately, one or more of your recent edits to the page European Exchange Rate Mechanism did not conform to Wikipedia's verifiability policy, and may have been removed. Wikipedia articles should refer only to facts and interpretations verified in reliable, reputable print or online sources or in other reliable media. Always provide a reliable source for quotations and for any material that is likely to be challenged, or it may be removed. Wikipedia also has a related policy against including original research in articles.

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Kleuske
Many thanks.
I'm in the middle of writing a paper on UK general election results and found myself reading a poor piece of analysis on Black Wednesday so made a quick change. I don't have the time to find the source today.
My source is the fact that I lived through the 1990s in the UK observing and teaching politics and know for a stone cold "fact" that the export boom that followed Black Wednesday and the UK coming out of the ERM was a happy accident for Major and Clarke. The idea that the Tories should gain (historical) credit from being forced out of ERM and having no need to sustain interest rates at 12-15% to sustain a hugely overvalued pound is totally invalid.
But thanks. I'll try to find the time to find an academic source.
Cheers!
Doc Craig DrCWT (talk) 09:24, 18 May 2023 (UTC)Reply