Turkey under siege?
Güven Sak, PhD
25 December 2016
All of us in Turkey are remnants of an empire that crumbled at the turn of the last century. I was born in Bursa, in western Turkey. My mother’s Tatar ancestors came to Bursa from Romania during the Balkan Wars. My father’s Circassian ancestors came to Elazığ from the Caucasus just before the turn of the century. Both had been driven from their homes by the advances of the Russian Empire. They knew what it was like for their country to be under siege. They had felt it all their lives.
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Welcome to the age of global reckless driving
Güven Sak, PhD
18 December 2016
Donald Trump will become U.S. president in a few weeks. The silence is deafening. I feel a deep anxiety around the globe, twisting and turning under the surface. Trump has already made more than a few blunders just during the transition period. Portfolio managers and investment officers are now half-jokingly talking about the new phenomenon of “presidential tweet risk.” “Just wait until he gets his hands on executive authority,” people say. The talk in the global village is about a new age of uncertainty.
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At the gates of Europe
Güven Sak, PhD
11 December 2016
Last I checked, on Dec. 8, it had dwindled down to 0. Just 14 months ago, on Oct. 20, 2015, it was more than 10,000, mind you. Prefer long-term averages? The daily average was around 5,000 for November 2015 and 66 for November 2016.
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