Is the world hurtling towards another financial crisis?

 

Is the world hurtling towards the next financial crisis?

 

The global rally in financial assets spread to commodities and crypto-currencies. Emerging Markets like Turkey too benefited from the greed and short-sightedness of humanity.  Before every financial crisis you hear two loud rallying cries. First “This time is different”. Second,  “It is a Brave  New World out there!”.  But, all bubbles are the same. They either deflate quietly or burst in a loud bang which brings down fame, fortunes and institutions.  In this video Real Turkey host Atilla Yesilada explains the global debt mountain,  and how it can become unsustainable.  He points to May-June  as the most critical period in 2021, when investors perceptions and risk appetite will be challenged severely.

 

#financialcrisis​ #cryptocurrencies​ #greatrisk​ #paturkey

 

 

 

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WATCH:  Turkish financial assets are cheap, but risky

 

 

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Published By: Atilla Yeşilada

GlobalSource Partners’ Turkey Country Analyst Atilla Yesilada is the country’s leading political analyst and commentator. He is known throughout the finance and political science world for his thorough and outspoken coverage of Turkey’s political and financial developments. In addition to his extensive writing schedule, he is often called upon to provide his political expertise on major radio and television channels. Based in Istanbul, Atilla is co-founder of the information platform Istanbul Analytics and is one of GlobalSource’s local partners in Turkey. In addition to his consulting work and speaking engagements throughout the US, Europe and the Middle East, he writes regular columns for Turkey’s leading financial websites VATAN and www.paraanaliz.com and has contributed to the financial daily Referans and the liberal daily Radikal.