How a nation's balance of payments impacts its currency exchange rate as evidenced by Turkey and other countries. Topics covered include: Show Notes Will Turkey’s new economic officials win over investors?—The Economist As the lira slides, what will Turkey’s central bank do?—The Economist A row between Turkey and Greece over gas is raising tension in the eastern Mediterranean—The Economist Turkey is wielding influence all over the Arab world—The Economist Turkey’s … [Read more...]
218: Is China or the U.S. More Vulnerable?
What are the headwinds facing China that could slow economic growth, but still could lead to China growing faster than the U.S. Also, what is going on with Turkey and are other emerging market countries vulnerable to the same plight? In this episode you’ll learn: What are valuation differences between the U.S. and China..What is a balance of payment crisis.What is driving the current economic crisis is Turkey.What headwinds does China face that make it more vulnerable. Show … [Read more...]
