NightFox
Wildling
Er no...But Turkey is in deep kimchee.
Turkey isn't in "deep kimchee" because of anything Trump did, they're in trouble because Erdogan has consistently pressured the Turkish central bank to keep rates low to stimulate growth, even in the face of high levels of foreign currency denominated debt and current account deficits. Had he allowed the central bank to adjust rates and rebalance the economy it wouldn't be facing this crisis (or it wouldn't be nearly as severe).
Unfortunately for the Turks Erdogan isn't going anywhere and there is no indication that he's changed his "growth over long term financial stability" stance.
Trumps tariff threats certainly aren't helping but they also didn't cause these problems.
Partially correct, but Trumps' sanctions were the tipping point.
First off there are no "Trump's sanctions", Trump is threatening to increase tariffs on Turkish metals imports. Secondly this problem has been developing for a year, Trump's threats have only acted to exacerbate the problem, however if the Turkish central bank had been allowed to act appropriately last year the Turkish Lira wouldn't have been destabilized and inflation wouldn't be spiraling out of control even with the threat of increased tariffs.
Like I said, Erdogan is the primary culprit here, Trump is just kicking the dog when it's down (for good reason).
You realize this link isn't addressing the causes of the current Turkish crisis and doesn't support your claims, right?