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Post# of 42552
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Capitalist

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Capitalist

Re: Ataglance2 post# 42519

Sunday, 05/02/2021 10:01:58 PM

Sunday, May 02, 2021 10:01:58 PM

Post# of 42552
Warning Warning!

I tried the TRY carry trade for years, and always got killed. Pull up a weekly chart for the past decade or so and you'll see why.

Erdogan is batpoop crazy, and bullies the CB constantly about rates. He's making enemies all around him and driving the country into the dirt. Gregory Copley of Defense & Foreign Affairs actually predicted a couple of years ago that Turkey may break apart this decade. This is the only country in which I (a former U.S. military officer) would actually welcome a military coup to restore sanity.

Shun the Turkish Lira, for it is the harbinger of death...

Visit the FOREX trading crew at #board-5125

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