So far, Turkey's currency crisis has not turned into a debt crisis, but with every day that passes and Erdogan doesn't stabilize the country's currency, Turkey approaches a $16 billion "debt wall" that could lead to mass defaults and cripple the country.
During a quarter of broken or barely-kept promises, unprofessional outbursts on conference calls, rationality-questioning tweets, and a record loss, it is perhaps no surprise that some of Elon Musk's biggest backers are committing mutiny.
The stock market is stretched to double tech-bubble extremes, according to one measure — here's why investors should be very scared of the implications
"The GPIF’s biggest problem is it can’t keep taking in domestic bonds - especially government bonds - as a staple with Japanese interest rates so low. The fund needs to sample a wider variety of dishes."
