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IPFS News Link • Turkey

Turkey Gets off the Reservation, Asks to Join BRICS

• https://russia-insider.com, Tom Luongo

This year's BRICS Summit was a big show.  No question.  The main event was provided by Turkish President cum Dictator Recep Tayyip Erdogan.

Erdogan wants to add a "T" to the acronym, making them the BRICTS.

Erdogan also made it very clear Turkey's shift away from the West will proceed faster if the bullying and marginalization continue.  For months now, Turkey has struggled with a crashing Lira and sovereign bond market.

The poster child for the unfolding sovereign debt crisis.

The Trump Administration knows that Turkey is slipping from its grasp.  Do you ever wonder why certain countries' currencies get trashed when others with worse balance sheets or balance of trade don't?

You should.  Because asking that simple question will lead you to asking "Why X?  Why Now?"


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