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Friday, September 16, 2011

Turkey’s economic lie

Turkey’s economic lie

Op-ed: Turkey no economic powerhouse, Erdogan’s credit bubble will soon explode

Guy Bechor
Published: 09.15.11, 23:49 / Israel Opinion

Some refer to him as “the Middle East’s new sultan in a neo-Ottoman empire” – yet the truth about Erdogan’s kingdom is utterly different. We are not facing an economic power, but rather, a state whose credit bubble will be exploding any moment now and bringing down its economy.

More:Turkey’s economic lie - Israel Opinion, Ynetnews