The real reason to worry about Turkey

What should you be most frightened of, financially, at the moment? There’s a long, long list out there.

The credit bubble in the UK (don’t think about car finance – it really will keep you awake at night). The fact that, while we don’t talk about it any more, QE is unlikely to ever be really unwound. What inflation will do to bond prices and to the value of every pension fund in the Western world. The nasty looking over valuation of US equities.

But there’s one thing...
source: Money Week

2017-04-21 13:35
Latest news from Money Week
yesterday 16:31 Chart of the week: America goes shopping
yesterday 11:19 This week in MoneyWeek: Turkey will stuff emerging markets investors
yesterday 10:01 Has Argentina confirmed that the bond bull market is well and truly over?
2017-06-22 18:19 The next big emerging-market meltdown
2017-06-22 13:13 Oil is back in a bear market – how much longer will it last?
2017-06-22 11:47 How to keep your money safe: stay away from “interesting” investments
2017-06-21 12:15 Gold investors are going to need all their patience this year
2017-06-20 12:35 Do investors need to worry about the Qatar dispute?
2017-06-19 12:21 The “disruption” days are over – it’s time for some brutal, old-fashioned competition
2017-06-19 12:21 How Brexit will affect London’s hedge fund industry
2017-06-19 11:15 How to keep your money safe: stay away from “interesting” investments
2017-06-18 13:15 What May must do for business
2017-06-17 19:39 HMRC’s budget-busting battle
2017-06-17 11:57 Central banks are creeping closer to a post-QE world
2017-06-16 12:51 There’s more chance of a UK interest rate rise than you think
2017-06-16 12:51 This week in MoneyWeek: what a hung parliament means for your investments
2017-06-16 12:51 Chart of the week: the shine will come off palladium
2017-06-15 18:09 What May’s car-crash election means for us all
2017-06-15 12:39 The tug of war between the Federal Reserve and the markets
2017-06-14 12:27 What’s next for the pound?
Latest news from Great Britain
today 07:27 Lionel Messi at 30: He's won every club and individual gong going - and happy to stay at his beloved Barcelona
today 07:27 Lionel Messi at 30: He's won every club and individual gong going - and happy to stay at his beloved Barcelona
today 07:27 Hoarder forced to call in professional cleaners as she hadn't seen her own floor in four years
today 07:27 Hoarder forced to call in professional cleaners as she hadn't seen her own floor in four years
today 07:27 Paris transformed into giant Olympic park with 100m race along River Seine in bid to host 2024 Games
today 07:27 Paris transformed into giant Olympic park with 100m race along River Seine in bid to host 2024 Games
today 07:27 The Killing School: Former Navy SEAL sniper reveals what it takes to become the world's deadliest sharpshooter
today 07:27 The Killing School: Former Navy SEAL sniper reveals what it takes to become the world's deadliest sharpshooter
today 07:27 Top cop reveals cuts are leaving PCs in mental crisis
today 07:27 Fight back: North Korea neighbours FIRE missile capable of wiping out Pyongyang
today 07:19 BREAKING: Mountainous landslide buries village in China sparking fears 100 people missing
today 07:19 North Korea’s neighbour launches ‘defiant’ missile capable of striking Pyongyang
today 07:03 Partick Thistle training regime is a world away from pre-season army camp from hell
today 07:03 Netball: Talented Avon girls lift the Scottish Cup
today 07:03 Cricket: East Kilbride aim to bounce back from defeat at Ayr in Prestwick
today 07:03 Glasgow Girls boss reckons his players have international appeal
today 07:03 Lavish thriller Riviera is glam and glossy but lacks grit, says Lisa Gray
today 07:03 Trainspotting star Ewen Bremner 'accidentally' becomes film producer
today 07:03 Dad accuses ex-head teacher of 'fabricating lies' to have him labelled a child abuser
today 07:03 Quarter of Scottish flights hit by delays with Edinburgh airport the country's worst offender
today 07:03 Brave mum joins forces with Daily Record to launch charity appeal to help families after son beats cancer
today 07:03 Brave mum joins forces with Daily Record to launch charity appeal to help families after son beats cancer
today 07:03 'We are letting the teachers teach': John Swinney says key to improvement is giving control to the schools
today 07:03 Wedding plans destroyed as couple lose savings to scammers
today 07:03 Wedding plans destroyed as couple lose savings to scammers
today 07:03 Insulting homeless could become hate crime in Scotland as judges review legislation
today 07:03 UVF supergrass murderer admits 200 terror raps
today 07:03 Thug jailed after turning council flat into bomb factory in bitter feud against pal's boss
today 07:03 Kingpin Steven 'Bonzo' Daniel's home under police guard following machete attack
today 07:03 Kingpin Steven 'Bonzo' Daniel's home under police guard following machete attack
today 07:03 Cops probe Scots comic accused of sending women 'sexual and disgusting' messages
today 07:03 Cops probe Scots comic accused of sending women 'sexual and disgusting' messages
today 06:21 When does Ramadan 2017 end? UK dates, timetable, how to fast and what to pray on the 27th night as Eid al-Fitr begins
today 06:21 Khloe and Kourtney Kardashian look smoking hot even in work out gear as they show off trim bodies in tight outfits
today 06:21 Khloe and Kourtney Kardashian look smoking hot even in work out gear as they show off trim bodies in tight outfits
today 06:21 Scott Disick and Bella Thorne look cosy as they reunite on night out in Los Angeles after Cannes fall out
today 06:21 Homeless Grenfell Tower fire survivors 'asked to leave west London hotel with just a few hours notice'
today 06:21 Topless man reveals what sparked Ascot Ladies Day brawl
today 06:21 BREAKING: 100 feared buried as devastating landslide swallows village
today 06:13 ‘Once and for all’ Mike Pence mounts pressure on North Korea to end its nuclear programme
today 06:13 REVEALED: Vladimir Putin has 'accessed Western cyber security secrets since late 1990s'
today 06:13 China 'deploys submarine-hunting aircraft to South China Sea' in defiance of US warnings
today 05:57 Jail for perverted 87-year-old pensioner who started abusing girl when she was aged just seven
today 05:43 Hill figures: The stories behind the scars on England's skin
today 05:43 Reality Check: How many people are affected by May's offer?
today 05:43 'I kept my daughter's body at home for three weeks'
today 05:43 Armed Forces Day: Liverpool leads events across country
today 05:15 Scott Disick and Bella Thorne look cosy as they reunite on night out in Los Angeles after Cannes fall out
today 05:15 Arsenal transfer news and rumours: Watford 'refuse to splash £15m on Gunners defender Kieran Gibbs'
today 05:15 Liverpool transfer news and rumours: Reds join Arsenal in race for Bordeaux striker Gaetan Laborde?