currency crisis

middle-age American living in New Jersey near the Lincoln Tunnel << TLDR has a fresh vid on the collapse of the Turkish Lira, and I have no money in the Turkish Lira, but I’m interested for this reason. In my University macro economics class I learned things I mostly forgot, and it’s forgettable, because the rules of macro economics don’t seem fully tested in the US the way a student wants things tested. If the US economy was a machine in my U lecture hall I’d want to say prof: “what happens if I move this here”, and move some lever way out of whack when the prof and the class gasps. This is exactly what happened in Turkey according to TLDR youtube. Erdogan, the president ignored commonly accepted macro economics effectively forcing the Turkish economy into trouble. Erdogan did what I always wanted to do. >> Tom Doody

About Tom Doody

middle-age American living in New Jersey near the Lincoln Tunnel
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s