Tuesday, February 12, 2019

Time to clear the clouds over Turkey | FT Alphaville

Time to clear the clouds over Turkey

Carlos Hardenberg of Mobius Capital Partners argues that Turkey must return to it's initial recipe of reform and prudence

When I moved to Istanbul in 2006, an old friend who had lived in Turkey for decades shared an important observation with me: trying to fully understand the country is like drinking the local Raki. Initially crystal clear, the drink is then mixed with water which makes it turn cloudy. Drinking a few glasses of this tasty spirit (a must with a fresh sea bass) will cause you, at the very least, some confusion.

More:Time to clear the clouds over Turkey | FT Alphaville