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Turkish Military Coup Just a Minor Market Speed Bump
A military coup in a NATO member country, with hugely important geopolitical dimensions, positioned between the Middle East and Europe, sharing border with ISIS infected Syria should probably jolt markets, right? Wrong, this is 2016. The military in Turkey has always seen itself as the guardian of the nation’s old secular establishment, pioneered by the nation’s founder and ex military leader, Ataturk. But current Turkish President Tayyip Erdogan has been seen by some as moving away from the historically secular, democratic roots of Turkey and becoming dangerously autocratic.
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- Chawl
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