Long-story short: Turkey had two choices:
A) Release the American Pastor they've been holding in prison since the Obama years as leverage after being refused the Extradition of a guy named Gullen from Pennsylvania, OR;
B) Destroy their entire economy.
Turkey chose "B."
Earlier Sunday in Foreign Exchange (FOREX) Trading, the Turkish national currency known as the "Lira" continued the slide it has been experiencing and has now fallen to 7.20 against the US Dollar.
This means that as of Sunday at 6:00 PM eastern US time, the Lira has lost enough value against the US Dollar to make a collapse of their Banking System UNAVOIDABLE.
TURKISH BANKS ARE NOW, OFFICIALLY, INSOLVENT.
War is a painful disaster, even if it is for national, defensive or religious reasons. Many countries try to avoid it as much as it can to save its people from its tragic consequences and preserve their homes from devastation and destruction, along with spectre of thousands of dead, wounded, disabled and homeless.
However, Ali Reza Farqani, Iranian editor-in-chief of Arman newspaper, says his country “needs a foreign war,” threatening Washington that pro-Iranian suicide bombers would hit US bases in 112 countries in any possible war.
At about 5:11 PM eastern US time on Friday, 10 August, a Magnitude 4.7 earthquake took place in the Pacific Ocean, just THREE MILES away from an OPERATIONAL Tokyo Electric Power Company (TEPCO) Nuclear Power Plant.
The strange calm between Israel and radicals inside the Gaza Strip that I reported last night has been smashed.
As this story is being published, upwards of 8,000 people are RIOTING at the Border Fence between Gaza and Israel. Several of the Rioters have thrown Improvised Explosive Devices (IED's) at Israeli Defense Force (IDF) troops. At least two actual GRENADES were also thrown.
The United States has been in a bit of a dispute with Turkey for about two years. That dispute is now resulting in an almost total collapse of Turkish currency, signalling credit DEFAULT for Turkish companies, and now, may drag into Bankruptcy, certain European Banks which lent Billions to Turkey. The matter is quickly becoming a major financial disaster, and the US will not stop what it's doing to Turkey (Deliberately causing these troubles) until Turkey releases an American citizen they've been holding for almost two years.
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Yesterday, Wednesday August 7, beginning at about noon eastern US time, Arabs in the Gaza Strip began firing Rockets and Mortars into Israel. Over 150 Rockets and dozens of Mortars were launched, damaging homes, businesses and landing near school playgrounds in Israel. The attacks continued all day, into the night, and OVERNIGHT! All parties to any ceasefire agreement, told the UN and Egypt the ceasefire is over. There is now talk of "war."
Video from Israel showed small school kids panicking as they ran toward school bomb shelters on the playground; shelters which were already full with other terrified children, leaving kids around age 5 or 7, outside and exposed to the deafening blasts.
This round of rockets brought new horror: Blast Fragmentation Warheads, designed to hurl shrapnel on impact. For the first time, Israelis began seeing cars and homes penetrated by shrapnel, not just damaged or set on fire by such rockets.