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2018-08-13 The Grand Turk

Erdogan says lira crash 'political plot' against Turkey

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Posted by Fred 2018-08-13 00:00|| || Front Page|| [11128 views ] Top
File under: Sublime Porte

#1 Very early this mornïng the Turkish Lira has already dropped another astonishing 9% after catastrophic drops last week and the Euro immeďiately crashed to its lowest point in a year because of heavy EU financial institution ties to Turkey as bond holders.

Russia, China and other troubled currencies are dropping.

Catalist is Erdogan's sudden disdain for paying interest (which is actually a centrïes old Muslim policy), and Donald Trump hitting Turkey with doubling tarriffs last week after being tricked on the Paster Brunson release.

Asian stock markets are starting to ĺoose ground

A global financial crises is feared.

Posted by Lira, Euro, Other Currencies Crashing Early Monday 2018-08-13 02:45|| 2018-08-13 02:45|| Front Page Top

#2 Link

At the same time that currencies are plummeting the US Dollar has risen a whopping 10% as investors rush to the dollar as a safe haven.

Posted by Lira, Euro, Other Currencies Crashing Early Monday 2018-08-13 03:52|| 2018-08-13 03:52|| Front Page Top

#3 smart currencies can post without human supervision

Posted by lord garth 2018-08-13 05:26|| 2018-08-13 05:26|| Front Page Top

#4 The lira been falling for quite a while even before Erdogan came to power. Now Erdogan has someone to blame.

Posted by bernardz 2018-08-13 08:38|| 2018-08-13 08:38|| Front Page Top

#5 "Math is anti-Islamic"

Posted by Frank G 2018-08-13 08:38|| 2018-08-13 08:38|| Front Page Top

#6 Erdogan is learning that actions have consequences now, unlike during the Bush and Obama administrations.

Posted by Boss Spoper5850 2018-08-13 09:50|| 2018-08-13 09:50|| Front Page Top

#7 How odd. All the funds and property confiscated from the accused “Gulenists” has not proved enough to sustain the economy for the “real Turks? Ah well —at least it was fun dragging them off to jail and taking their stuff.

Posted by trailing wife 2018-08-13 10:52|| 2018-08-13 10:52|| Front Page Top

#8 All Hail Sultan Yipyip the Lira-less

Posted by Ebbumble and Company5278 2018-08-13 13:18|| 2018-08-13 13:18|| Front Page Top

#9 So what if it is?

What will you do? Fun terrorism, attack israel, attempt to get rid of all non-muslims in your country and jail all your political enemies? Oh wait...yer already doing that.

Posted by Silentbrick 2018-08-13 14:17|| 2018-08-13 14:17|| Front Page Top

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