What to make of Turkey’s latest unorthodox currency move

2 comments
  1. “Through a new set of unorthodox measures, Turkey has bought itself artificial stability. This is unlikely to translate into genuine stability unless Turkish citizens are convinced that their currency crisis has truly passed.”

    This only happens if the government quickly shifts to a more comprehensive — and, yes, more orthodox — policy approach. Failing to do this would further erode the country’s strong economic attributes. After all, there are limits to continuously defying the laws of both economics and finance.

  2. At this point, it is clear that Turkey is run by a Greek agent named Recepoulous Erdogiannis.

    Whether he is trying to sink Turkey or simply reading from the Greek school of economics is unclear however.

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