QUESTION: Mr. Armstrong, You say you aren’t clairvoyant. Nevertheless, you recognize extra issues than anybody geopolitically from there may be an assassination of Trump to Turkey will see to resurrect the Ottoman Empire. A few of us wish to know the way you get so many issues proper when folks suppose they’re off the wall once you say them. It will be enlightening to take heed to your response.
Thanks for all you do
Rob
ANSWER: Look, I feel the distinction is that individuals don’t perceive historical past and suppose that the previous has no bearing on the longer term. Historical past repeats as a result of human nature by no means adjustments. Along with a quick restoration from the COVID-19 pandemic, the macroeconomic insurance policies in Turkey and excessive commodity costs have contributed to surging inflation even on a nominal foundation, however then there was vital foreign money inflation, and the US buck has soared towards the Turkish lira. This deadly mixture has precipitated rising exterior imbalances which are intermixed with implicit liabilities.
As we will see, the US buck has soared towards the Turkish lira. Erdogan’s dream was to resurrect the Ottoman Empire, which ended when it was defeated and dissolved in 1908—1922. Now, with the financial circumstances being deplorable, Erdogan wants an exterior enemy. The Arab nation-states are sympathetic towards Russia since they see that Israel is a protectorate of the US. Erdogan is taking part in to the Arab world, and since Turkey has essentially the most vital navy power within the Center East, he hopes to be seen because the savior and resurrect the Ottoman Empire, which simply so occurred to have included Israel.
You probably have by no means been to Greece or Turkey, you’re unaware that the hatred between these two nations dates again to Alexander the Nice’s time. For Greece to even come out and make an announcement that they will assault Turkey abruptly doesn’t assist the disaster.
Turkey will defend the Arabs towards Israel, and the tensions between Greece and Turkey, each NATO international locations, will result in Turkey exiting this NATO alliance. They may be a part of with Russia, which many of the Arab world helps. That is nothing new. That is merely how nation-states will all the time reply with out exception.
So keep tuned for extra enjoyable and video games. However when a rustic is in financial disaster, it wants an exterior enemy, and NATO gives nothing in return for his or her loyalty.
