Posted Sep 6, 2016 by Martin Armstrong
President Erdogan of Turkey is clearly on a mission to raise Turkey to the old level of power such as the Ottoman Empire. As a member of NATO, he is doing really everything to undermine that position playing one side against the other. He has sold off more than 50% of central bank reserves held in US government bonds. This is clearly a political move for one always moves their assets in advance of an action.
At the G20 summit in the eastern Chinese city of Hangzhou, Russian Economy Minister Alexei Ulyukaev said on Sunday President Vladimir Putin and his Turkish counterpart Tayyip Erdogan had agreed to form a joint investment fund between their two countries. The two leaders met on the sidelines on Saturday.
They are now in agreement to form a Russian-Turkish investment fund. Erdogan made the necessary legislative changes to create a corresponding partner for direct investment Turkish sovereign wealth fund.
It has been Erdogan who has allowed the majority of “refugees” to pass through Turkey to Greece. Then he has demanded €3 billion euro to stop the flow of refugees. The coup appears to have been stages. The claimed rebels had two fighter jets and could have kill him a will as he was flying and they had him in their sights. Why did they not shoot? He then used created a cemetery for those he killed and call traitors claiming that cemeteries refused to allow them to be buried. Erdogan created a cemetery to keep his hero status image by dishonoring coup members not allowing them to be buried with their family plots. Keep your eye on Erdogan.