Massive Currency Devaluation in Turkey of 42% in 2018! Inflation Heats Up!

Emerging markets all seem to be under pressure right now and Turkey is certainly no exception. There is a constant devaluation of the currencies and Turkey and Argentina lead the pack with no apparent end in site. This has yet to be rectified and all that they can do is increase interest rates or throw money at the problem. Nothing like this will ever fix the problem.

Turkey Government Debt to GDP | 2000-2018 | Data | Chart | Calendar
https://tradingeconomics.com/turkey/government-debt-to-gdp
Turkey Stock Market (XU100) | 1990-2018 | Data | Chart | Calendar
https://tradingeconomics.com/turkey/stock-market
Turkish Lira | 1991-2018 | Data | Chart | Calendar | Forecast | News
https://tradingeconomics.com/turkey/currency
Turkey Inflation Rate | 1965-2018 | Data | Chart | Calendar | Forecast
https://tradingeconomics.com/turkey/inflation-cpi
Turkey Central Bank Balance Sheet | 1986-2018 | Data | Chart | Calendar
https://tradingeconomics.com/turkey/central-bank-balance-sheet
EM YTD.jpg (784×596)

Turkey’s woes could be just the start as record global debt bills come due - The Washington Post
https://www.washingtonpost.com/business/economy/turkeys-woes-could-be-just-the-start-as-record-global-debt-bills-come-due/2018/08/28/f9f144c6-a231-11e8-8e87-c869fe70a721_story.html?utm_term=.9260e0a07004
turkey inflation sept 2018.jpg (890×501)

Dijsselbloem: Greece should have been grateful to European aid, kept mouth shut
http://www.keeptalkinggreece.com/2018/09/02/dijsselbloem-greece-interview-august/