RE:RE:RE:RE:RE:RE:Q4 Results are finally outTurkey has 5 MN ME refugees they will happily sent to EU and a massive USA air base used to stir up trouble in ME that can also leave: there will be no material sanctions. With a very low debt load they will be fine. It's Canadians that should be worried now that BoC hit the debt wall on Candians Bonds and they ran up $500BN debt. Turkey exporting lots has a market of 1 BN at their door step and EU mfg continue to pour in not to mention the 22 MN tourists they will get this season. Canada is sucking wind now closely resebling Soviet satellite minging and agri state LOL. So happy I have a first world passport!
stiffupperlip wrote: Stiff isn't an economist but what I have read about the Turkish economy is scary. Ergodan fired his Finance Minister earlier in the week just becasue he raised interest rates. But what is scarier are the sanctions - it may be difficult to move oil and gas equipment into and out of Turkey if the US and EU put on punitive sanctions.