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If You Read Between The Lines, Global Economic Leaders Are Telling Us Exactly What Is Coming
Sometimes, a strongly-worded denial is the most damning evidence of all that something is seriously wrong. And when things start to really get crazy, “the spin” is often the exact opposite of the truth. In recent days we have seen a lot of troubling headlines and a lot of chaos in the global financial marketplace, but authorities continue to assure us that everything is going to be just fine.
Of course we witnessed precisely the same thing just prior to the great financial crisis of 2008. Federal Reserve Chair Ben Bernanke insisted that a recession was not coming, and we proceeded to plunge into the worst economic downturn since the Great Depression. Is our society experiencing a similar state of denial about what is ahead of us here in 2018? Why is the Turkish lira tumbling? | Financial Times
https://www.ft.com/content/2d678dea-9c7b-11e8-ab77-f854c65a4465
Aug 13, 2018 - Turkey's currency is reeling. After hitting all-time lows last week, the lira fell again on Monday and was down by about 7 per cent against the ...Turkish lira tumbles after central bank keeps interest rates steady ...
https://www.ft.com/content/5f389ec8-8f23-11e8-bb8f-a6a2f7bca546
Jul 24, 2018 - The Turkish lira plunged on Tuesday after the central bank kept interest rates on hold despite soaring inflation, exacerbating fears about the ...Turkish lira tumbles again after plunging 20% last week | Financial ...
https://www.ft.com/content/60154e8e-9e70-11e8-85da-eeb7a9ce36e4
Aug 12, 2018 - Turkey's currency sustained a severe blow in Asia Pacific trade on Monday after President Erdogan made defiant remarks even after the lira ...U.S. sanctions slam Russian ruble, Turkey's lira tumbles | Reuters
https://www.reuters.com/.../u-s-sanctions-slam-russian-ruble-turkeys-lira-tumbles-idUS...
Aug 8, 2018 - NEW YORK (Reuters) - New U.S. sanctions against Moscow drove down Russia's ruble, while worries that Turkey was sliding into a full-blown ...Erdoğan calls Putin as Turkish currency tumbles – POLITICO
https://www.politico.eu/.../erdogan-calls-vladimir-putin-as-turkish-lira-currency-tumbl...
Aug 10, 2018 - Turkish President Recep Tayyip Erdoğan spoke by phone with Vladimir Putin to discuss “trade and economic cooperation,” the Kremlin said ...
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