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Monday 4 December 2017

How Gold Would Fix Turkey's Achilles' Heel: The Lira

President Recep Tayyip Erdogan likes to swagger and attempt to punch above his weight. While his rhetorical threats and theatrics keep many allies and enemies off balance, they do not fool the Turks. Most of their bank deposits are not denominated in lira, but foreign currencies.

from Forbes - Leadership http://ift.tt/2kjGnH9

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