Nadie habla de Turquía....

Por Gavekal's Nick Andrews 


350.000 millones de dólares tienen la culpa...

Gavekal notes - Turkey is not, however, showing any signs of stabilization. The lira continues to fall, and policymakers are doing little to contain the situation.

With soaring inflation, a plunging currency and a run for the exits, one would think Turkey would do what other emerging markets did during last year’s taper tantrum, and hike rates.

Instead the new economy minister said recently that this is not necessary, since the country is in tip-top shape. “We couldn’t create an economic crisis in Turkey even if we wanted to, it’s that strong,” said the minister, whose predecessor was purged in the recent corruption scandal.

Artículo completo: http://www.zerohedge.com/news/2014-01-21/here-are-350-billion-reasons-why-banks-want-you-ignore-turkeys-turbulence