Friday, October 26, 2007

Economic Reflections of the Latest Terrorist Attacks

Turkish daily news claims that latest terrorirst attacks won't affect economical stability but I find it hard to believe becasue majority of the banking and finance industry is owned by the foreigners and this raises the question of who would fund the invasion? Answer not foreigners. They publicly opposed Turkish invasion into Northern Iraq. Government intervention in thats sense (monetary and fiscal policies) risk creating inflation and higher rates and on and on...

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