Friday, August 10, 2018

Populist Leaders and the Rising Risk of an Economic Crisis

Turkey's currency crisis illustrates the risks currently facing the world economy – rise of populist and nationalistic leaders in key countries means that conflagrations can quickly get out of hand and result in economic chaos
https://www.bloomberg.com/view/articles/2018-08-10/erdogan-answers-lira-s-pleas-with-an-ottoman-slap

Updates:
Krugman on the Turkish Crisis and its historical parallels to the Asian Financial Crisis
https://vivekjayakumar.blogspot.com/2018/08/turkeys-mini-economic-crisis.html

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Saudi Arabia’s ridiculous fight with Canada
www.washingtonpost.com/news/democracy-post/wp/2018/08/09/thanks-canada-but-you-still-cant-fill-the-hole-left-by-trump-on-human-rights/