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
