Blog/Turkey
The Crisis is Turkey
President Recep Tayyip Erdogan of Turkey is finding his dreams of an all-powerful resurrection of the Ottoman Empire are falling apart. Qatar has come to the aid [...]
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Qatar to help Turkey by $15 Billion Loan
There has been a lot of lobbying behind the curtain going on asking Qatar to change its position and help Turkey for the IMF would not be able to come to the [...]
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Turkey & Foolish European Banks
Erdogan is shifting to Russia already. He will abandon the West all to retain power. Turkey was the critical lynch-pin for emerging markets. Many foolish banks ran [...]
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Turkey Approaching the Point of No Return as Erdogan Blames the Currency Decline on USA
Turkey has little hope of coming out of this in one piece. The pretend President-Dictator, Tayyip Erdogan, has come out and denied on Saturday that Turkey is in a [...]
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Turkey & The Only Solution is to Overthrow Erdogan
The Turkish President Recep Tayyip Erdogan’s economic policy is a disaster. This is reflected by his plea for Turkish citizens to search under their mattress [...]
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Turkey the Poster Child of Emerging Market Crisis
During the 1980s, I was called in to create a hedge for a bank against the Turkish lira which nobody made a market on. I had to create a synthetic hedge for the [...]
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Turkey on Watch for Monetary Collapse
Erdogan has asked all the Turkish people to convert their dollars to Turkish Lira. This is a desperate act. The rumors behind the curtain are running wild. Many are [...]
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Erdogan Recalls Gold Reserves from New York Fed – Is He Preparing for War?
The Turkish government has withdrawn its reserves of gold from the Federal Reserve. Erdogan clearly is positioning himself to be able to seek its own power that [...]
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Turkey – Default or War?
QUESTION: Mr. Armstrong, My father was ______ the banker who commissioned you to do the Turkish lira hedging project in 1983. He passed away as you know. I found [...]
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Erdoğan Wants to Revise the Treaty of Lausanne
The War Cycle is in full swing upward since 2014. We have witnessed the invasion of Ukraine, the invasion of Syria, Rocketman in North Korea, and numerous civil [...]
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