A Failed Coup… An Unrecognized Republic… And Triggers for a Global Economic Meltdown…”The country is one giant powder keg… and the fuse is already lit.”
by Nick Giambruno
InternationalMan.com
July 20, 2016
I’m talking about Turkey. When the next global crisis explodes, there’s a good chance Turkey will be involved somehow.
Turkey was founded from the ashes of the Ottoman Empire. It’s where Europe meets Asia. Naturally, it’s a geopolitically significant country.
Today, it’s at the epicenter of many crises that are destabilizing the world… the migrant disaster in Europe, the ongoing carnage in Iraq and Syria, the conflict with ISIS, and the new Cold War with Russia.
In light of all these potential triggers for a global meltdown—as well as the recent failed military coup d’état—I think it’s time to take a closer look at Turkey.
Bad Blood
There’s one aspect of Turkey and its myriad of crises that nobody is talking about. That brings us to Greece, Turkey’s historical rival, and where a number of the coup plotters fled after their recent failed putsch.
It’s no secret that the Greeks and Turks have been at each other’s throats since at least the 16th century.
It’s a rivalry of historic proportions because, literally since the days of Homer, most of what is now Western and Southern Turkey had been populated by Greeks. That started changing with the Ottoman conquest of the 16th century, and after World War I, when Turkey ethnically cleansed the area by deporting hundreds of thousands of Greeks and stripping them of their ancestral homes without compensation.
The bad feeling that type of thing causes lasts generations, especially in this part of the world.
The Eastern Mediterranean island of Cyprus has been the object of the never-settled tug of war between the two rivals.
The Turks gained decisive control of the island after the Ottoman invasion in 1571 and remained in charge for the next 300 years.
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