Paul Mcnamara on the Problem With Turkey, and the Attempt To Save the Lira | Odd Lots
发布时间 2022-01-18 20:31:55 来源
摘要
Near the end of 2021, Turkey's government undertook a bold measure to stabilize the lira after the currency got clobbered throughout much of the year. The basic idea is that the government would pay savers to lock up their currency in lira, and compensate them if it fell too far against the dollar. But can it work? Does it address the core problem of the Turkish economy? To understand more, and to get the perspective of outside investors, we speak with Paul McNamara, a fund manager at GAM and a veteran EM watcher, to get a handle on the government's new measure, the challenges with it, and why Turkey is prone to so much volatility.
Bloomberg's Joe Weisenthal and Tracy Alloway analyze the weird patterns, the complex issues and the newest market crazes. Join the conversation every Monday and Thursday for interviews with the most interesting minds in finance, economics and markets.
Subscribe to Bloomberg Podcasts: https://bit.ly/BloombergPodcasts
#Bloomberg #Podcasts #OddLots
Visit us: https://www.bloomberg.com/podcasts
Follow Bloomberg Podcasts on Twitter: https://twitter.com/podcasts
Visit our other YouTube channels:
Bloomberg Markets & Finance: https://www.youtube.com/channel/UCIALMKvObZNtJ6AmdCLP7Lg
Bloomberg Politics: https://www.youtube.com/c/BloombergPolitics
Bloomberg Technology: https://www.youtube.com/c/BloombergTech
Quicktake Originals: https://www.youtube.com/user/Bloomberg
Quicktake Now: https://www.youtube.com/channel/UChirEOpgFCupRAk5etXqPaA
Quicktake Explained: https://www.youtube.com/bloombergexplained
For coverage on news, markets and more: http://www.bloomberg.com/video
GPT-4正在为你翻译摘要中......
