Wednesday, September 12, 2018

Turkey’s financial crisis: Erdoğan needs to make new friends | The Strategist

Turkey’s financial crisis: Erdoğan needs to make new friends
12 Sep 2018|David Gardner

One of the drawbacks of amassing untrammelled power, Turkish President Recep Tayyip Erdoğan might ruefully reflect, is that he’s saddled with every decision and blamed for every crisis. After finally ascending to one-man rule in elections at the end of June, it was a matter of weeks before Erdoğan was hurled into a currency crisis—which threatens to turn into a full-blown financial crisis that may weaken his iron grip on the country.

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