Wednesday, July 12, 2006

Turkey: The Mood Swing Meter - Global Investor - Newsweek International Editions - MSNBC.com

"The Mood Swing Meter
Turkey finds itself at the core of a debate over whether the market boom was fueled by easy money, or more responsible management.

By Ruchir Sharma
Newsweek International

July 17, 2006 issue - There's an old saying on Wall Street: only when the tide runs out will we know who is swimming naked. With the sea of liquidity rapidly receding in the global financial system, it now looks like a nudist colony out there."

More:Turkey: The Mood Swing Meter - Global Investor - Newsweek International Editions - MSNBC.com