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Friday, 12/17/2021 12:21:06 PM

Friday, December 17, 2021 12:21:06 PM

Post# of 37920
From the Periphery to the Core -
Turkey Halts All Stock Trading As Currency Disintegrates, Central Bank Powerless To Halt Collapse : https://www.zerohedge.com/markets/turkey-halts-all-stock-trading-currency-disintegrates-central-bank-powerless-halt-collapse

My Comment: These economic problems manifested at the periphery migrate to the Core (ie developed country economies). The EU and China are both under a lot of economic stress. And the Fed has to fight inflation but can do nothing about supply chains, labor shortages, or the virus. Got Gold ?

Excerpt:
Another day, another collapse in the Turkish lira, only this time there was a twist: as the hyperinflating currency implodes, Erdogan has finally had enough of the relentless pummeling, and is starting to shut down Turkey's markets.

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