Amid growing diplomatic tensions between the US and Turkey, Turkish TV station 'A Haber' on Saturday presented a detailed segment on 'The American Empire and its Media', showing the surprisingly close interrelations between U.S. mainstream media and key foreign policy institutions.
California’s real estate market could be in the beginning stages of a correction to fair value, after nearly a decade of speculation forced much of the median-priced single-family homes out of reach of the middle class...
"Should Erdogan impose capital controls, in addition to banks' writedowns on now-toxic Turkish assets, investors' reaction is likely to be panic and to yank capital out of other EMs."
"...suffice it to say this ain’t over by a long shot, and it could lead to big trouble... and don’t let’s forget that Turkey presently hosts millions of Syrian refugees."
Throughout most of America, owning a $1 million home gives you definite bragging rights...But, along the coasts – and in particular California – the two comma club has lost most of its novelty....
"The world grows increasingly at odds with itself, with each passing day. Divided special elections. Speech censorship by Silicon Valley social media companies. Increased shrieking from Anderson Cooper. You name it, a great pileup is upon us..."
While Turkey is technically considered an emerging market, where it makes a sharp break with convention is that its external funding need is greater than the average Frontier Market...