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Wednesday, May 23, 2018

Almere-Digest: TURKEY - Erdogan Driving Turkey Over The Cliff: Why Investors Have Become Skittish About Turkey

TURKEY - Erdogan Driving Turkey Over The Cliff: Why Investors Have Become Skittish About Turkey

For the better part of 16 years, Turkish leader Recep Tayyip Erdogan, a "self-styled economic reformer", and the world’s great hope for Muslim democracy, had a compelling story—and for most of that time, everyone bought it. Everyone, that is, except Turkey’s old guard—the secular establishment, the billionaires, generals, and educated elites who stood to lose their monopoly on power, wealth, and influence.

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