Outbreak: Turkey’s Financial Crisis Could Spread to Europe

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Outbreak: Turkey's Financial Crisis Could Spread to Europe

If you've been following along with Venture Society the last few weeks, you've probably started to see some themes emerge.

I've written about Europe printing huge amounts of money to fight knock-on effects of COVID-19…

We've talked about how China is manipulating its trade data to mask bigger problems.

Some articles discussed how we're seeing the effects of these economic events in strong precious metals prices…

… and how those effects sometimes need a good long while to develop.

Yet at other times, they can ramp up strength rather quickly.

The thing to really take home, though, is that for every unexpected problem that arises, people – individuals, governments, corporations, etc. – will react in what they think is a rational fashion.

And those reactions – usually monetary or fiscal ones – have consequences…

Get The Whole Story Here