Turkey’s woes are not any semblance of “contained”.
Author: therealheisenberg
Turkish Delight: Full Week Ahead Preview
Pray for Turkey.
Lira Collapses Anew As Erdogan Digs In, Tempts Fate
“Turkey will not convert or seize FX deposits.”
‘I Dare You’: Erdogan Sets Stage For Outright Collapse In Turkey With Sunday Speech
“We see the game you are playing; we dare you.”
What $335 Billion In AUM Says About The Future For Emerging Markets, The Yuan And The Trade War
I think the “oranges” may “know” more than they think.
Don’t Forget About Russia
Lost in the shuffle, but not for long.
‘Shame On You’! Erdogan Blasts Trump, U.S. In Characteristically Absurd Saturday Speech
What’s going to be a real “shame” is if there’s not some resolution to this situation by Monday.
As Turkish Banks Struggle To Meet FX Demand, Emergency Meeting Scheduled For Saturday
Get ready for capital controls.
Erdogan Explains It All In 800-Word New York Times Op-Ed
“On July 15, 2016, Turkey came under attack by members of a shadowy group led by Fethullah Gulen, who leads his organization, officially described by my government as Fethullah Terrorist Organization, from a compound in rural Pennsylvania.”
Who’s Really ‘Winning’ The Trade War? The Truth Behind The Rhetoric
Make sure you know the whole story.
‘This Is Not Going To End Well’: Turkey Isn’t EM’s Bellwether, But Brace For Impact Nonetheless
“…markets need to be prepared for a hard landing in the economy, corporate defaults on foreign currency debt, and possible bank failures.”
Core Inflation Rises At Fastest Pace Since 2008, Setting Fed On Collision Course With Trump
What could go wrong with this setup?
End Game: Lira Collapses Raising Specter Of Capital Controls, IMF Bailout
After weeks spent teetering on the brink, the Turkish lira collapsed on Friday.
Pondering ‘The End Of Synchronized Everything’
And at the heart of it all…
A Completely Serious Mike Pence Wants $8 Billion From Taxpayers For Trump’s ‘Space Force’
So our “best and bravest” will have the funding they need to “deter a new generation of threats to our people.”
‘Don’t Be Afraid At All’: In Turkey, Desperation As Currency Crisis Spirals
“Don’t be afraid at all, it will all pass.”
‘All Bets Are Off’ As Washington Plays Russian Sanctions Roulette
“[The] government and the central bank are monitoring the situation.”
Insider Trading For Dummies, With Chris Collins, New York Republican And Early Trump Supporter
“Wow. Makes no sense. How are these results even possible???”
‘It’s A Sad Moment’: A South Carolina Town Hits ‘Rock Bottom’ As Trump’s Tariffs Force Plant Closure
“When you think you’ve reached rock bottom, to get kicked in the gut like this.”
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