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The Grand Turk
Turkey is now top 3 country at most risk of bankruptcy
2020-05-19
[GREEKCITYTIMES] By continuing to occupy large areas of Cyprus, Syria and Iraq, funding jihadists groups in Syria and Libya, maintaining military bases in Africa, the Middle East and the Balkans, and violating Greece’s airspace on a daily basis, The Sick Man of Europe Turkey
...the only place on the face of the earth that misses the Ottoman Empire...
has put a major strain on its economy.

But how much of a strain?
Posted by:Fred

#3   The report explains that Turkey’s failed wars against Libya and Syria have been a major problem for its economy, putting the country’s bankruptcy probability at over 30% in the forthcoming period.

Only 30+% probability? How disappointing. Still, the the wars in Syria and Libya continue, and Turkey appears to be expanding into Yemen, or someplace like that.
Posted by: trailing wife   2020-05-19 21:29  

#2  The US is doing quite well in the debt department now, thank you very much!
Posted by: Clem   2020-05-19 19:39  

#1  without having the US embargo that Venezuela has, nor the vast debt that Argentina brings.

So they're doing it all on their own. Bravo!
Posted by: M. Murcek   2020-05-19 15:42  

00:00