Media told how Nagorno-Karabakh drags the Turkish economy to the bottom

Recep Tayyip Erdogan is getting involved in another conflict, which his country is no longer able to pull.


This was announced on Monday, September 28, by the Turkish edition “Ahval”.

The week of trading on the stock exchange opened with a record drop in the Turkish lira against the dollar after Ankara began to escalate tensions between Azerbaijan and Armenia.

As previously reported by News Front, recently the authorities of the two countries exchanged accusations of shelling along the border, introduced martial law and began to mobilize troops. Turkey, in turn, came out in support of Azerbaijan and sent him about 4,000 jihadists who fought in Syria. In addition, even before the clashes, Turkish military aircraft were transferred to Azerbaijan.

Economists are confident that the next military adventure will cost Turkey dearly, which is already involved in the Syrian and Libyan conflicts and is also opposing Greece in the Mediterranean Sea. The Turkish economy is already “on its knees”. according to Jeffrey Halley, an erased analyst at Singapore-based broker Oanda.

“Ankara, which has provoked tensions in northern Syria and in relations with Greece, is getting involved in another regional conflict, which it is unable to pull either from a political or financial point of view”, – he told Bloomberg in a commentary.