Mark Faber, who has gained fame, for his extraordinary anticipations on the global market crisis, declared that Turkey has choices for alternative partnerships. And this was the time to invest in Turkey’s wealth. He also added that, will buy some Turkish stocks.
Mark Faber, the publisher and editor of the “Gloom, Boom and Doom”, was rejected The foreign policy and economic policies of the United States , adding that diplomacy in foreign policy is not being implemented by Trump. Instead, He is behaving “like a bull in a china shop” as the idiom goes. He is constantly unfairly blaming and criticizing, but there is no diplomacy at the end of the day.
He mention about recent developments in Turkey, this country, has had other options in this regard, pointing out that Turkey can act as a NATO (which has very strategic bases in this country) to deal with the Trump To play a role. Turkey has two active options, which will be available in the long run, one of them is getting closer to Europe and staying in NATO, and the other is joining the Shanghai Cooperation Organization. Which means the withdrawal of Turkey from the western bloc, or at least have little or no ties to them and establish strong relations with Russia and China.
Mr.Erdogan has the ability to make the case possible. I’m pretty sure that Tramp does not realize at all the power of this probability. Mark Faber said the value of Turkish shares are higher than the US dollar, according to Turkish assets. Currently, Turkish stocks are buy-in-limit, and I will buy some of them. Now I have a few of them in my portfolio. Although their number is not high. With all of this, I think it’s time to invest in Turkish assets.