Turkish Recession On The Horizon?
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  • BD

    Stop quoting SocGen analysts. I know from personal experience that it is a house of ill-repute.

  • Kris

    Spengler has been predicting this (and much worse). For his troubles, some have branded him an “Islamophobe.” I doubt we’ll have long to wait before the predictions (cautionary analysis) of noted Argentinophobe Mead come to pass.

  • Cunctator

    No surprise here. Turkey’s government has been spending money it does not have to maintain its support in the slums and rural areas. Artificially low interest rates have further fuelled a likely recession.

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