All Hell Breaks Loose In Turkey: Stocks Halted, Overnight Lira Implied Rate Hits 10,000%

https://www.nationandstate.com/2021/03/23/all-hell-breaks-loose-in-turkey-stocks-halted-overnight-lira-implied-rate-hits-10000/

Comment by tonytran2015: World recession may begin with a stock market crash in one country spreading to others.

All Hell Breaks Loose In Turkey: Stocks Halted, Overnight Lira Implied Rate Hits 10,000% Chaos has broken out across Turkey’s capital markets with bank shares crashing and marketwide stop-loss halts activated after President Tayyip Erdogan shocked investors by sacking the central bank governor. Turkey’s stock market logged its worst two days since the global financial […]

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