iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
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FUCKED ALERT: Turkish Lira Plunges 5%

It’s over for their civilization. I wonder what they did to deserve this?

The Turkish Lira is down 5% intra-day.

“The Turkish delegation went to Washington, and there seem to be no compromises on offer at the moment, and confidence in the currency remains weak,” said Kit Juckes, the global head of FX strategy at Societe Generale.

The Trump administration earlier this month announced sanctions against Turkey for failing to release Andrew Brunson, an evangelical pastor who has been detained for nearly two years.

Fuck NATO. Oh boy.

Related tickers: TKC, TUR.

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6 comments

  1. ferd

    Wrong.

    For fuck’s sake, the pastor has been detained for years. Why now? …last week Erdogan touched the third rail saying re the Israeli regime:

    “…without doubt, Israel is the most Zionist, fascist, and racist state in the world”

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    • mensch

      Would be shocked if a three letter org wasn’t involved in the pastor story. You don’t get locked up in Turkey just for proselytizing they’re actually fairly secular for the Middle East.

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      • bs moderator

        If you actually believe that is still true, you need better news sources.

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    • bs moderator

      The empty suit is deflecting. His economy is in the shitter.

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  2. ironbird

    The retaking of Constantinople is on.

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