Boycott of the USA up to the doom
Turkey's Central Bank finally defied Erdogan to re-assert policy independence. With 18% inflation, the CB's rate of 17.75% meant real rates were less than 1%. Going to 24% brought real rates to 6% and sent a strong signal to the market. How much higher will they need to go?
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Justin Trudeau takes out the brass knuckles and pushes back against Trump’s bullying. Justin told the Liberal Party Caucus meeting in Saskatoon on Wednesday: “We will not sign an unfavorable deal on NAFTA.” GOTO:
democrats wanted this 4the U.S. Hilary was to continue the destruction of the economy that Obama worked so hard to destroy. MAGA!
Down the road to destruction. The Turkish people will soon be out on the streets, protesting.
So, check your USA credit card rates. Just think their economy is tanking while USA is booming yet USA is paying a higher interest rate for wants while they are paying a lower rate for needs. Printed money is theft.
The dictator’s people can only be awake if they face death.
This will stop small biz, 70% job creator, startups expansion even the biz themselves. It will also prevent ppl from borrowing to live. Better is Govt cut regulate tax debt spending print to fight inflation, thus helping the ppl.
Justin Trudeau takes out the brass knuckles and pushes back against Trump’s bullying. Justin told the Liberal Party Caucus meeting in Saskatoon on Wednesday: “We will not sign an unfavorable deal on NAFTA.”
OMG! With 24 % interest rate how the Turkish Economy is going to survive, if it does , let others in EM take a clue .
Next step recession then economic collapse!
May be. But continuous review may take place to have a good insight over the pressure.
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