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Erdogan's Ottoman Gambit: Turkey Prepares For New Regional Order

By Tyler Durden

Erdogan's Ottoman Gambit: Turkey Prepares For New Regional Order Authored by Chris Macintosh via InternationalMan.com, Turkey is simultaneously dumping US Treasuries, deepening Russia’s energy embrace, rolling out a tax regime to poach capital fleeing the Gulf… and squaring off against an Israeli political class that now speaks openly of Turkey as an enemy. It’s strategic. Turkey sold nearly all of its US Treasury holdings in March — cutting them from $16 billion to just $1.8 bi...