Posted on 08/07/2018 8:10:02 PM PDT by 11th_VA
-For the year, the Turkish lira is down nearly 40 percent against the U.S. dollar.
-The iShares MSCI Turkey exchange-traded fund (TUR), tracking Turkish stocks, is down 39 percent year to date.
-Turkey's 10-year bond fell to a record low on Tuesday, pushing its yield up to around 20 percent.
(Excerpt) Read more at cnbc.com ...
Excellent. I consider Turkey our second biggest enemy in the region, right after Iran. We need to remove all our troops, weapons and equipment from Turkey and boot them out of NATO.
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Some of the Case tractors I think are made in Turkey.
I am so very glad that President Trump, is our President!
I agree. The Turks are a nasty, brutish people who have always hated us.
The American Eagle just Trumped the Turkey. Yum, yum!
Tastes like chicken!
Yours is a good analysis. The title of the article is very poor - it makes it sound like heavy sanctions have already been imposed, which (as the article body itself makes clear) of course they have not.
Still... After Trump’s tweet there was considerable talk in some quarters about how foolish and inept his “threat” was. Instead, it looks like he knew EXACTLY what position of strength the US is in, and Trump is here well positioned to get another “win” before the mid-term elections.
It is a little unfortunate that some Turks who are pro-US are likely getting the short end of the stick, but perhaps they will be rewarded with a better leader one of these years...
Thank you for the incite on both the economic and political elements of the Turkey/Iran sanction pressure.
The agendas of Turkey, Iran, Russia and Assad diverge from here. The Globalist hate Trump, he messes with their evil agenda. Turkey and Iran are small players in that game, but huge trouble makers against efforts at stabilizing the ME.
I think that’s just not true. All the Turks I’ve met, and there have been many, have been exceedingly nice people.
Erdogan is a moron who should be taken out for the benefit of these nice people.
Good. The people chose to stay with the backward, oppressive, islamofascist regime, and now they will pay the consequences. turkey had the chance to join the modern world, instead it went back before the time of Ataturk.
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