Saturday, July 25, 2026

 the question is, will they travel south and put an end to the crimes of israel; 

 

Turkey is simultaneously dumping US Treasuries, deepening Russia’s energy embrace, rolling out a tax regime to poach capital fleeing the Gulf… and squaring off against an Israeli political class that now speaks openly of Turkey as an enemy. It’s strategic.

Turkey sold nearly all of its US Treasury holdings in March — cutting them from $16 billion to just $1.8 billion in a single month. The official narrative frames this as emergency reserve management amid a weakening lira and inflation running above 32%. But the mechanics of financial stress don’t explain the direction of travel. Nations don’t systematically dump the debt of their allies.

President Erdogan has been explicit. In a recent address he cast Turkey as “one of the shining stars of the new era,” invoking the restoration of Ottoman-era influence across the region. Turkey vehemently opposes Israel’s operations in Gaza, and in Ankara’s strategic calculus, Washington and Tel Aviv are increasingly viewed as a single entity. The Treasury sell-off is as much a political signal as a liquidity operation. The Turkish government has smelt blood in the streets and wants to capitalise on the situation...........more........

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