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Zero Hedge — Self-Fulfilling Contagion: This Is The Worst Illustration Scenario For Turkey

1:51 PM global economy, Turkish financial crisis

Summing upwards JPMogan's findings, the depository fiscal establishment concludes that "in damage of unusual depository fiscal establishment exposures it appears that Spanish, French as well as Italian banks, also equally U.S.A. as well as Great Britain banks through contingent exposures, are nearly exposed to Turkey."

The spider web of debt unravelling?

Zero Hedge
"Self-Fulfilling Contagion": This Is The Worst Case Scenario For Turkey

Tyler Durden

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