Turkey Crisis Spreads as Emerging Markets & Bank Stocks Have DROPPED More Than 20%!

The crisis in Turkey is spreading. The contagion is makes waves in emerging markets causing major concerns for what’s to come. The major financial media has yet to acknowledge the bear market that banks are in. Hoping that if they ignore it, somehow we won’t notice. Sadly the majority won’t know what hit them.

Turkey’s U.S. Treasury Dump Is More Vexing Than Russia’s - Bloomberg
https://www.bloomberg.com/view/articles/2018-08-16/turkey-s-u-s-treasury-dump-is-more-vexing-than-russia-s
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This $16 Billion Turkish Wall of Debt Is at Risk From Lira Crash - Bloomberg
https://www.bloomberg.com/news/articles/2018-08-14/this-16-billion-turkish-wall-of-debt-is-at-risk-from-lira-crash
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Exclusive: China central bank bars some offshore lending in latest move to support yuan | Reuters
https://uk.reuters.com/article/us-china-yuan-liquidity-exclusive/exclusive-china-central-bank-bans-some-offshore-yuan-deposits-and-lending-via-ftz-scheme-sources-idUKKBN1L10PO
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China's Plan to Tank Their Own Stock Market - The Daily Reckoning
https://dailyreckoning.com/chinas-plan-to-tank-their-own-stock-market/
Swamped in Inflation, Venezuela Will Cut Five Zeros from Currency :: WRAL.com
https://www.wral.com/swamped-in-inflation-venezuela-will-cut-five-zeros-from-currency/17774600/
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