Turkey | Armstrong Economics
Turkey’s Treasury Dump
May 27, 2026
Turkey did not sell off its US Treasury holdings because Erdogan suddenly discovered some brilliant new economic strategy. This is what governments do when the…
The Rise of the Ottoman Empire
November 1, 2023
The final dissolution of the Ottoman Empire took place with the formal abolition of the Ottoman Sultanate. The Grand National Assembly of Turkey performed this on…
Turkey & the Election
May 30, 2023
QUESTION: Mr. Armstrong; I’m not sure if you remember me. I was with the Islamic bank that our board ordered we were to open a branch in Turkey and we turned…
JP Morgan to Create Ukraine Fund
February 15, 2023
QUESTION: Mr. Armstrong, JP Morgan seems to be cutting a deal with Zelensky to create an infrastructure fund to rebuild Ukraine. How can they create such a…
January 6th – Greece v Turkey
January 11, 2022
Another January 6th, 2022 important geopolitical event was the rising tension between Turkey and Greece. There has been an arms race between the two which escalated…
Turkey & the Real Risk of a Debt Crisis
April 15, 2019
The Treasury and Finance Ministry of Turkey announced that the country’s net external debt stock totaled $286.2 billion going into the end of the 3rd quarter of…
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