Skip to content
Archive of entries posted on January 2014

Patience (not cash) is definitely King

Turkey lifts its overnight lending rate — from 7.75% to 12%. They’re trying to attract more foreign money to keep their economy afloat. Please don’t send them any money. “Emerging” countries tend to attract weird leaders — viz. Turkey, Argentina, Thailand, Venezuela, etc. — who mess their economies up with populist policies — like mass […]