Re: Re: Turkey

[Ignacio Perrotini Hernández <iph@xxxxxxxxxxxxxxxx>]

Sabri,
Here in Mexico we also said, a few years back, "we still have a few state
enterprises to sell", and there came the infamous "Tequila effect". We were
also too big to fail.
Cheers,
ignacio

t 03:47 p.m. 08/04/02 -0700, you wrote:
> Michael writes:
>
> > With Turkey qualify as "too big to fail" within the
> > context of the war on terrorism?
>
> Michael,
>
> If I am not wrong, this is a response to my statement about the
> nearing collapse of Turkey. Who knows maybe I am overly
> pessimistic but I don't see any other way out and think that the
> collapse will most likely be followed by a military coup to hold
> the country together with severe repression. We still have a few
> state enterprises to sell but what will happen after they are
> gone? If the Turkish military engages in a military operation, it
> will cost money too. Who is going to pay all these bills? However
> big Turkey is to fail, will/can US pick up the entire tab? If
> not, will EU agree to share?
>
> Sabri