Showing posts with label Turkish financial crisis. Show all posts
Showing posts with label Turkish financial crisis. Show all posts

Saturday, August 11, 2018

Zero Hedge — "Self-Fulfilling Contagion": This Is The Worst Case Scenario For Turkey

Summing up JPMogan's findings, the bank concludes that "in terms of foreign bank exposures it appears that Spanish, French and Italian banks, as well as US and UK banks through contingent exposures, are most exposed to Turkey."
The web of debt unravelling?

Zero Hedge
"Self-Fulfilling Contagion": This Is The Worst Case Scenario For Turkey
Tyler Durden