Browsing Tag
Turkey
6 posts
Don’t Mess With Markets – Turkey’s Stock Crash, 1,200% Interest Rate
The great lesson of the financial chaos enveloping Turkey is that you just don’t mess with markets. For…
Turkey’s Proof That Speculation Is A Zero Sum Game
A useful little proof from the current Turkish shenannigans that speculation, as speculation itself, is a zero sum…
Turkish Lira Crash – This Is Just A Symptom, The Disaster Has Already Happened
When a currency collapses, as the Turkish Lira is right now, there are always questions about, well, what…
At Least Erdogan’s Son In Law – Turkey’s New Finance Minister – Has Run A Real Business
It’s possible to view Turkey as retreating – advancing if you prefer – to something like the power…
Erdogan Closes Down Uber In Turkey – Missing The Point Of Market Economies
The Turkish President, Tayyip Erdogan, has just closed down Uber in that country. In the process he’s shown,…
What Erdogan Misses – The Turkish Lira Should Be Falling In Value
We’ve another of those complaints by a politician that reality is just such a bitch. Here it’s Erdogan…