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Turkey Downgraded by Credit Rating Agency

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Re: Turkey Downgraded by Credit Rating Agency

Postby Maximus » Sat Oct 01, 2016 1:15 pm

Flying Horse wrote:If you can't get voted into Europe, you can try buying your way into Europe. What with, is a mystery :lol: :lol:
http://www.bloomberg.com/news/articles/ ... tsche-bank


Buy Deutsche bank? Bulut wants to saddle Turks with European's debt as well. :lol:

"Turkey’s sovereign wealth fund is still in the works, but the critical problem at this stage is that while it is ‘sovereign,’ the key bit it lacks is the ‘wealth,’" Timothy Ash, a credit strategist at Nomura International Plc in London, said in an e-mail on Wednesday. "I am not sure that Turkey’s state-owned banks would want to be saddled with Deutsche Bank’s balance sheet at this stage -- they possibly have enough problems/challenges with their own in the context of the domestic growth slowdown."
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Re: Turkey Downgraded by Credit Rating Agency

Postby B25 » Sat Oct 01, 2016 5:06 pm

Is Deutsche bank going to have a bail in like they did in Cyprus I wonder????? :)

Turkey can't buy its way into a sewer never mind Germany.
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Re: Turkey Downgraded by Credit Rating Agency

Postby Lordo » Sat Oct 01, 2016 11:22 pm

ere we go again. a bit like the water pipeline. why would any terggish companies be able to buy a german company. if the price drops enough and they dump all the toxic loans out why not indeed.
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