Erik Meyersson @emeyersson Twitter profile

Last Seen Profiles

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@AndrewYNg

Erik Meyersson

@emeyersson

2 years

Putin and the West

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Erik Meyersson

@emeyersson

3 years

TRY may be weaker today than it was yesterday, but at least it’s stronger than tomorrow.

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Erik Meyersson

@emeyersson

3 years

Congratulations, Turkey, your currency now has Bitcoin-level volatility. 🤦

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Erik Meyersson

@emeyersson

2 years

We now go live to Turkish inflation…

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Erik Meyersson

@emeyersson

3 years

Turkey should probably not arrest all its retired admirals this month - better save some for next month’s inflation print.

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Erik Meyersson

@emeyersson

2 years

If you zoom in on 🇸🇪 Prime Minister Kristersson and 🇹🇷 President Erdogan shaking hands, you get a fairly clear view of the power balance between these two governments at the moment…

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Erik Meyersson

@emeyersson

2 years

What does the PKK gain by setting off a bomb in central Istanbul at a time when it's trying to convince the world it's not a terrorist organization?

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Erik Meyersson

@emeyersson

3 years

Turkey’s lira defense in action will truly be a sight to behold

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Erik Meyersson

@emeyersson

3 years

You must be new here

Holger Zschaepitz

@Schuldensuehner

3 years

#Turkey Lira plunges to record low after Powell hints at faster tapering. Lira now -46% ytd.

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Erik Meyersson

@emeyersson

4 years

I may not be TR gov’s greatest cheerleader. But in its engagement w Assad’s forces TR is, afaict, the sole sovereign state willing to fight Assad’s homicidal tyranny. And I don’t see the world’s greatest democracies stumbling over themselves to save another 1m refugees from Syria

Haaretz.com

@haaretzcom

4 years

Turkey continues to destroy Assad's military assets in N. Syria as Erdogan asks Putin to step aside

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Erik Meyersson

@emeyersson

3 years

We now go live to Turkey...

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Erik Meyersson

@emeyersson

3 years

Growing evidence that lower interest rates lead to lower inflation…

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Erik Meyersson

@emeyersson

1 year

Turkey deserves better institutions. It also deserves better politicians.

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Erik Meyersson

@emeyersson

2 years

Boris Johnson in the Naughty Center

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Erik Meyersson

@emeyersson

3 years

Lost in Translation - Turkey edition 😂

Ankaralı Jan

@06JAnk

3 years

When you understand the meaning, but not what's being said... CC @tashecon

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Erik Meyersson

@emeyersson

3 years

Turkey cannot have dedollarization without deBulutization

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Erik Meyersson

@emeyersson

3 years

The Turkish lira looks set to end 2021 more volatile than Bitcoin...

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Erik Meyersson

@emeyersson

3 years

"Central bank of Erdogan" and I don't think this is a mistake

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Erik Meyersson

@emeyersson

2 years

Turkish ambassador to Sweden calls for Swedish MP Amineh Kakabaveh to be extradited to Turkey. She’s of Kurdish descent, born in Iran. This is a new kind of stupid.

Ambassadör vill se riksdagsledamot utlämnad

Turkiets Sverigeambassadör säger att han gärna ser riksdagsledamoten Amineh Kakabaveh utlämnad till Turkiet. Ambassadören riktar flera anklagelser mot svenska r

www.aftonbladet.se

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Erik Meyersson

@emeyersson

4 years

#USElection2020 - The Remix

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Erik Meyersson

@emeyersson

2 years

"China now perceives a likelihood that Russia will fail to prevail against Ukraine and emerge from the conflict a “minor power”, much diminished economically and diplomatically on the world stage, according to Chinese officials."

Xi Jinping’s plan to reset China’s economy and win back friends

Amid a chaotic exit from Covid lockdowns, China is looking to reduce its international isolation and boost its growth rate

www.ft.com

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Erik Meyersson

@emeyersson

1 year

I have questions about the body language in RTE's speech...

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Erik Meyersson

@emeyersson

2 years

A peaceful demonstration. A Rojava flag. Must be scary stuff for the Turkish government…

Anadolu English

@anadoluagency

2 years

Supporters of PKK/YPG terror groups gather in central Stockholm amid Turkish objection to Sweden’s NATO membership application due to terrorism concern

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Erik Meyersson

@emeyersson

2 years

“[Turkey's] threats have made Greece’s position more credible to the international community as the need to maintain military presence against Turkey is now fully justifiable”

Turkey’s tough talk on Greece fuels Aegean tensions

Erdoğan ramps up hostile rhetoric as Nato allies clash over range of historical disputes

www.ft.com

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Erik Meyersson

@emeyersson

3 years

Putting the pieces together

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Erik Meyersson

@emeyersson

3 years

Congrats to Berat Albayrak, who will not go down as the worst finance minister in Turkish history.

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Erik Meyersson

@emeyersson

5 years

This is back-of-the envelope calculation but as far as I can tell in terms of 2014 province-level GDP, the losses of Ankara, Antalya, Istanbul etc mean AKP now only has local control over 30% of Turkish province GDP, down from 75% before. If this stands that's pretty significant

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Erik Meyersson

@emeyersson

2 years

Holy shit, TCMB!

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Erik Meyersson

@emeyersson

4 years

“Halkbank’s indictment also accuses Erdogan’s son-in-law Berat Albayrak of participating in the scheme, though federal prosecutors have not formally charged Albayrak in the conspiracy.”

Second Circuit Advances Criminal Case Against Halkbank

Refusing to delay a case that has been a thorn in the side of the Trump administration, the Second Circuit refused Friday to let Turkey’s state-run Halkbank delay its arraignment on record-breaking...

www.courthousenews.com

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Erik Meyersson

@emeyersson

2 years

With the risk of thinking everything is about Us 🇸🇪🇫🇮: for the US to give up air cover of Kurdish regions in NE Syria so that 🇹🇷 can bomb it easier, what’s the quid pro quo? Will 🇫🇮 and 🇸🇪 ultimately be admitted into NATO at the cost of the lives of those who held back ISIS?

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Erik Meyersson

@emeyersson

3 years

In 2014, Turkey came within close to $100 dollars from becoming a "High income" country (as per the World Bank's classification and its GNI per capita measure). Since then, the trajectory is pretty abysmal.

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Erik Meyersson

@emeyersson

1 year

Turkey's real household consumption since the start of the pandemic is something else...

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Erik Meyersson

@emeyersson

2 years

"Nebati said foreigners may struggle to understand the reason for high Turkish inflation due to “cultural differences.. ”" Was he perhaps referring to the culture of impunity with which your can ruin the economy and not face any consequences?

Turkey Courts Investors in London, Promises Stable Lira

Turkey expects the lira to remain around its current level after suffering a 44% slump against the dollar last year, Finance Minister Nureddin Nebati told analysts and investors in London as he seeks...

www.bloomberg.com

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Erik Meyersson

@emeyersson

2 years

Not France

CJ Werleman

@cjwerleman

2 years

Muslim women forced to remove hijab before entering school campus grounds in Karnataka, India.

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Erik Meyersson

@emeyersson

2 years

Could 29 NATO countries exit NATO, create a carbon copy organization with said 29 countries, and THEN invite two new members? (Asking for those two new ones…)

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Erik Meyersson

@emeyersson

3 years

Authoritarianism is expensive

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Erik Meyersson

@emeyersson

3 years

Turkey needs many things at the moment. Another RTE speech ain't one of them...

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Erik Meyersson

@emeyersson

3 years

İnşallah

Taylan Bilgiç

@taylanbilgic

3 years

*TURKEY'S KAVCIOGLU SAYS HOPEFULLY EVERYTHING WILL BE BETTER

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Erik Meyersson

@emeyersson

3 years

TRY's depreciating above its log-linear trend is now in damat territory.

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Erik Meyersson

@emeyersson

1 year

Apocalyptic scenes from Hatay province in Turkey

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Erik Meyersson

@emeyersson

4 years

Like any other nation TR is arguably acting in its own state interests rather than pure humanitarian grounds. But if the incentives of NATO’s second largest army - for once - points to kicking the nuts out of one of the region’s worst tyrannies, I don’t see that as net negative.

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Erik Meyersson

@emeyersson

3 years

*TURKEY CENBANK SAYS CAN ONLY INTERVENE IF VOLATILITY EXCESSIVE TRY Vol: Are you high right now?!

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Erik Meyersson

@emeyersson

1 year

A desperate, xenophobic hail Mary to try to get the nationalist swing voters. Unlikely to succeed, likely to tarnish the reputation of KK and the opposition

Taylan Bilgiç

@taylanbilgic

1 year

*TURKEY OPPOSITION SAYS IT'LL SEND ALL REFUGEES HOME IF ELECTED

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Erik Meyersson

@emeyersson

5 years

Before and after “ceasefire deal”

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Erik Meyersson

@emeyersson

3 years

RTE’s threats to expel ambassadors are meant to distract from his real challenges: his sagging popularity, his economic mismanagement, and perceptions that he’s becoming increasingly incapable in a broader sense, and therefore unfit to rule.

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Erik Meyersson

@emeyersson

3 years

And an expected bombshell: India, formerly the world's largest democracy, is no longer a democracy according to V-Dem

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Erik Meyersson

@emeyersson

3 years

Good to see Ziraat Bank still has its sense of humor...

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Erik Meyersson

@emeyersson

2 years

The PKK is a terrorist organization so this behavior by a Swedish politician is pretty appalling. But the thread also shows many Swedish politicians have little clue of the context or the language they use when they try to support Kurdish rights.

Showan Shattak

@showanshattak

2 years

Erdogan stöttar Akilovs inspiratörer - vi stöttar motståndet mot Erdogan

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Erik Meyersson

@emeyersson

2 years

*ERDOGAN: TURKEY INFLATION INCREASE BELOW THAT OF OTHER NATIONS *DATA: OH FFS...

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Erik Meyersson

@emeyersson

4 years

Kurds don’t necessarily call it “care”

Soner Cagaptay

@SonerCagaptay

4 years

This is just an insane fact: Taking into account over 4 million Syrians living in Turkey and Turkish-controlled areas in northeast Syria, and another 4,1 million people in shaded regions in map below, Turkey provides care to over 40 % of Syria’s prewar population of 20,5 million

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Erik Meyersson

@emeyersson

7 years

The Curious Case of the Vanishing Never-AKPers in Southeastern #Turkey

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Erik Meyersson

@emeyersson

4 years

MSCI may reclassify Turkey 🇹🇷 as a Frontier or Standalone market, due to bans on shorting and stock lending “severely restrict[s] the ability of institutional investors to express active investment views and hedge portfolio risk.”

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Erik Meyersson

@emeyersson

3 years

Where Turkish monetary policy is heading. Hint: the wrong direction.

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Erik Meyersson

@emeyersson

2 years

Looks like TCMB is definitely not targeting the exchange rate again...

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Erik Meyersson

@emeyersson

3 years

Given all Erdogan’s assurances we wont see a policy reversal (even just a temporary one) in Turkey, even in the middle of a currency crisis, the issue I’m thinking about is how much the banking system can withstand. Even the much heralded resilience of Turkish banks has limits.

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Erik Meyersson

@emeyersson

3 years

Informative graphs on the authoritarian trajectory in Poland, Hungary, Turkey, Brazil, Serbia, India, and others among the "top-10 autocratizing countries", in the new @vdeminstitute democracy report

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Erik Meyersson

@emeyersson

2 years

This appears to have occurred rapidly. Haven’t seen any coverage in Swedish media about this case. Looks like the Swedish government is indeed going ahead with extraditions of Kurds to Turkey, despite the risks these individuals face there.

Sweden hands PKK/KCK terror group member to Türkiye

Mahmut Tat was sentenced to six years and ten months in prison in the Nordic country after he was arrested on charges of being a member of the terror outfit.

www.trtworld.com

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Erik Meyersson

@emeyersson

5 years

I will say this: I have never met a citizen of Turkey who proclaimed ignorance on domestic politics

Emre Temizkan

@disizepensil

5 years

Number of political science professor by country: Turkey: 82.000.000 US: 16.500 Mexico: 13.000 Japan: 9600 Germany: 9400 France: 9000 Italy: 8900 S Korea: 8400 Brazil: 7800 India: 7700 Nigeria: 5000 Russia: 2000 China: 1400 North Korea: 0 (ETSB)

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Erik Meyersson

@emeyersson

5 years

Consequently, @herkesicinCHP is now the party with the largest local political control over Turkish province GDP, roughly 2x the amount of second largest party, @Akparti

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Erik Meyersson

@emeyersson

4 years

“Perhaps the most damning allegation is that Albayrak may have had indirect ties to ISIS’s oil trade — a trade that bankrolls the terrorist group’s operations — through a company called Powertrans.”

Latest Wikileaks Dump Sheds New Light on Erdogan’s Power In Turkey

From indirect involvement with ISIS’s oil trade to free press crackdowns, the latest Wikileaks dump isn’t very flattering to Erdogan or his family.

foreignpolicy.com

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Erik Meyersson

@emeyersson

2 years

Bit niche but TRY is a 🦒

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Erik Meyersson

@emeyersson

4 years

Almost as scary as being threatened by the Turkish government...

Anadolu English

@anadoluagency

4 years

#Greek website threatens Turkish #journalists on #MeisIsland

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Erik Meyersson

@emeyersson

4 years

The legal travails of author and saririst @AronFlam , and the seemingly Kafkaesque process conducted by authorities regarding his book, seems like ripe material for int’l journos looking to cover the underbelly of Swedish democratic institutions. Not pretty

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Erik Meyersson

@emeyersson

3 years

In terms of monetary policy, Turkey is back in "Damat" territory

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Erik Meyersson

@emeyersson

3 years

Inshallahnomics

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Erik Meyersson

@emeyersson

2 years

Is it too late to call the doctor?

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Erik Meyersson

@emeyersson

3 years

We now go live to TRY fair value modelers....

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Erik Meyersson

@emeyersson

3 years

TRY passes 13.93 and we now go live to the TCMB...

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Erik Meyersson

@emeyersson

2 years

As for meme responses to Russia’s threat over Finland’s potential Nato membership, this one’s up there…

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Erik Meyersson

@emeyersson

4 years

Fitch revises Turkey outlook to negative (sticks to BB- rating). Reasons: depletion of fx reserves to stem lira slide, weak monetary policy credibility, and drop in real rates; resulted in “exacerbated external financing risks.” (via BBG)

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Erik Meyersson

@emeyersson

3 years

Maybe appointing an inexperienced, incompetent, and antisemitic conspiracy theorist as finance minister of Turkey wasn't such a great idea after all...

Henri Barkey

@hbarkey

3 years

The Turkish Treasury Minister said the Federal Reserve in the US does not belong to the public, it belongs to FIVE families. What a nut. And all these years I thought it was TEN families.

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Erik Meyersson

@emeyersson

2 years

The US allows Turkish drones to assassinate SDF leaders, then pisses off Turks by tweeting condolences on the death of a “partner” leader. What’s the play here?

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Erik Meyersson

@emeyersson

3 years

There goes the future former governor of the Central Bank of Turkey

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Erik Meyersson

@emeyersson

5 years

Turkey’s 1st local elections under its autocratic institutional system is today. The issue at hand today isnt whether the elections are free & fair (they’re not) but how much legitimacy the gov is willing to forego to ensure it retains power. Even autocrats need legitimacy.

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Erik Meyersson

@emeyersson

2 years

The Turkish banking system is relatively resilient against external shocks, but what about ‘internal’ shocks?

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Erik Meyersson

@emeyersson

3 years

Where others see optimism in an approaching end of RTE's rule in Turkey, I see substantial political risk. I still don't see how the current regime simply allows an election and loses, with all the - to the current elite - private costs at stake. (Thread)

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Erik Meyersson

@emeyersson

2 years

Turkey's official CPI inflation was 79.6% in July

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Erik Meyersson

@emeyersson

1 year

Ahem

Newsweek

@Newsweek

1 year

Stop calling Erdogan a dictator. Dictators don't go to runoffs

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Erik Meyersson

@emeyersson

3 years

This is some serious trolling of Erdogan by FT editors. Perhaps a bit much even…

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Erik Meyersson

@emeyersson

7 years

Interesting difference in the ballot box-lvl distribution of AKP/YES vote shares comparing 2015 elections with Apr 2017 (preliminary data)

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Erik Meyersson

@emeyersson

3 years

“What?! He thinks he can lower inflation by *lowering* rates… just as everybody else is raising-… what?… $125bn?… it’s gone?… his son-in-law?… why!?… for a canal?… but isnt there already a-… you mean he wants a second one?!… but why?… oh for ***** sake…”

Amyish

@AmymAisme

3 years

Caption this

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Erik Meyersson

@emeyersson

4 years

The Turkish banking regulator says bank trades at "abnormal levels" are considered "manipulation" (per Bloomberg). Good luck with that..

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Erik Meyersson

@emeyersson

2 years

What do Russians really think about Putin?

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Erik Meyersson

@emeyersson

3 years

*ERDOGAN SAYS HE WILL NEVER ADVOCATE FOR A RATE HIKE: HT Basically, if you're forecasting a rate hike in 2022 in Turkey, you're implicitly assuming a future systemic financial crisis. Because that is what it's going to take for a policy reversal at this point.

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Erik Meyersson

@emeyersson

3 years

I feel sorry for TCMB staff. They deserve better.

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Erik Meyersson

@emeyersson

3 years

Photo of members of the TCMB monetary policy committee going to lunch after having acted in a manner true to themselves...

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Erik Meyersson

@emeyersson

2 years

“The Turkish Marine Le Pen”

The Turkish Marine Le Pen

Like Marine Le Pen in France, this unapologetic nationalist is a thorn in the side of the Turkish government.

www.politico.eu

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Erik Meyersson

@emeyersson

3 years

Foreign investors have poured roughly $4.5bn net into Turkey since Agbal's appointment. This money is now risk of exiting the country quite rapidly.

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Erik Meyersson

@emeyersson

7 years

Stay classy WSJ

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Erik Meyersson

@emeyersson

3 years

Forwards now pricing TRY at 24.1 three years ahead (at end of 2024). (A quarter ago the three-year ahead estimate was 13.8.)

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Erik Meyersson

@emeyersson

1 year

The class action suit against the new Turkish central bank governor, Hafize Gaye Erkan, along with other First Republic execs, looks concerning, and is another problem Turkey doesn't need right now

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Erik Meyersson

@emeyersson

3 years

And that's not where I work

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Erik Meyersson

@emeyersson

4 years

Handing RTE a significant domestic victory. The Turkish government learnt during its first decade in power that the EU cannot be trusted. It learnt during the second decade in power that the EU talks the talk, but doesn't walk the walk.

Reuters

@Reuters

4 years

EU warns Turkey it faces sanctions if 'provocations' don't stop

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Erik Meyersson

@emeyersson

4 years

Post the first four books that started you on your current intellectual journey.

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Erik Meyersson

@emeyersson

3 years

I don't there are many cases in our history where a central bank had to intervene in FX markets following an attack on the currency by the country's own political leader.

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Erik Meyersson

@emeyersson

3 years

*ELVAN: UNFORTUNATELY WE ARE NOT AT DESIRED LEVEL OF INFLATION

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Erik Meyersson

@emeyersson

4 years

#Turkey ’s gov trying to boost demand for domestic flights and hotel rentals seem outright irresponsible if you’re looking to combat a pandemic. Health spending and quality control ought to be priority number one

Turkey rolls out TL 100B stimulus package to protect economy, businesses from coronavirus fallout

President Erdoğan said the country will postpone debt payments and reduce tax burdens in various sectors under the TL 100 billion package aimed at...

www.dailysabah.com

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Erik Meyersson

@emeyersson

3 years

Could it be that Turkstat is more effective than TCMB in lowering inflation?

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Erik Meyersson

@emeyersson

4 years

The EU lacks the will, capacity, cohesion & energy to get involved in Syria. The US is in the middle of an election campaign and Congress is still pissed w Erdogan over a host of things. I could be wrong, but if it’s a war, Turkey will have to fight it on its own. Not advisable.

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Erik Meyersson

@emeyersson

4 years

How much of Turkey’s dollar reserves were wasted today to keep the lira an epsilon below 7.5?

Refet Gürkaynak

@RefetGurkaynak

4 years

Sizce dolar 7.4999 da kalsın da 7.5 olmasın diye kaç dolarlık rezerv çöpe atılır?

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