All posts in " Turkey "

EU Refuses to Negotiate Fairly with Britain – Demands of a Customs Union

By admin / July 11, 2019

QUESTION: Mr. Armstrong; could you explain this whole Customs Union issue in BREXIT? Some see it as a great idea, others say it is surrendering sovereignty to Brussels. SN ANSWER: A customs union, some claim, would help businesses that send goods back and forth to the European Union. So it would be of interest to […]


Turkey & the Real Risk of a Debt Crisis

By admin / April 15, 2019

The Treasury and Finance Ministry of Turkey announced that the country’s net external debt stock totaled $286.2 billion going into the end of the 3rd quarter of 2018. The country’s net external debt stock to its gross domestic product (GDP) ratio was 34.4% at the end of the third quarter of 2018. However, Turkey’s gross external […]


Erdogan Demands Recounts

By admin / April 7, 2019

Turkish President Recep Tayyip Erdogan and his Justice and Development Party (AKP) have demanded recounts in 39 districts that they lost and have prevailed on eight. There has been great concern that Erdogan’s AKP will not accept defeat at the hand of any vote. Many fear there is an undercurrent of tyranny rising behind the […]


Turkey Elections

By admin / April 1, 2019

Turkish President Recep Tayyip Erdogan and his Justice and Development Party (AKP) have won every vote since the party first came to power in 2002, but this time, the party had risked losing Ankara and faced a tough fight in Istanbul. Erdogan’s AKP appeared destined for defeat in the capital Ankara and faced a dead heat […]


PRIVATE BLOG – Emerging Market Chaos

By admin / March 29, 2019

PRIVATE BLOG: Emerging Market Chaos Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit


Is it Time to Turn the Lights Out on Turkey and just Take Your Losses and Run?

By admin / September 13, 2018

Just when you thought President Recep Tayyip Erdogan was really off the reservation, he suddenly appears off the planet. Erdogan has appointed HIMSELF as chairman of Turkey’s Sovereign Wealth Fund and got rid of the entire management staff. It looks like Erdogan now thinks he can force the free market to do as he commands if he […]


Brunson – the Alleged Pastor

By admin / August 20, 2018

    The Turkish court has rejected the appeal to release Andrew Brunson, who is the alleged US pastor at the center of a dispute between Ankara and Washington. While he has been there for 23 years, his new Church of the Resurrection has existed for less than a year and it had only 25 members. From […]


Erdogan Has His Boys Out Burning only $1 Bills for Propaganda

By admin / August 19, 2018

  Erdogan has his boys dressed in suits burning only a handful of US ONE DOLLAR bills as a nice propaganda piece. In truth, the Turkish people have been hoarding Dollars and Euros because they have lost all faith in their own currency. It is nice that Erdogan has a few people burning less than $100 for […]


Turkey & the Erdogan Who Puts Himself Before His People

By admin / August 18, 2018

Erdogan refuses to release the American “Pastor Brunson” and instead he is turning to everyone else offering now to open direct investment in Turkey. This is not simply about Brunson. Erdogan has refused to comply with the USA measures against Iran and has stated it will continue to import Iranian oil. Erdogan has NEVER been […]


The Turkey Crisis Cannot Be Resolved without Regime Change

By admin / August 17, 2018

The key to understanding Turkey is really simple – Erdogan has lost the confidence of his people and the world. The free-fall in the Turkish lira should be no surprise. After years of rampant dollar borrowing, running large current account deficits due to having to import military hardware combined with the lack of domestic oil production, throw in an […]

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