Erdogan Wins Constitutional “Reforms”, Allowed to Rule Until 2029: Opposition Challenges Vote


Eddogan can stay in power until 2029. With over 97% of the vote counted in the Turkey Referendum, the results are 51.4% Yes and 48.6% The alleged reforms grant Turkish President Recep Tayyip Erdogan tremendous say over budgets and the Constitutional Court. more…). Economics


Erdogan Seeks Powers to Stay in Office Until 2029: Expect Perpetual State of Emergency


Recep Tayyip Erdogan’s carefully planned move to become legal dictator of Turkey is in its final stages. In the wake of a foiled coup, Erdogan removed or imprisoned every judge not on his side, shut down all opposition newspapers, and jailed all of his political opponents. After his hand-picked court approved the changes Erdogan wanted, all that remains is a Public Referendum which Erdogan will win simply because he gets to count the votes. more…). Economics


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Expect the "Practically Virtually Impossible"


I suspect we will not have to wait until 2029 for the "practically virtually impossible" to happen. The collapse of Spanish housing left the banking system with as much as 51 billion euros of deferred tax assets(DTAs), mostly from 2011, that can be used against future profits for as long as 18 years. Because the DTAs depend on future and unknowable profits, the DTAs cannot be fully counted as core capital.

What Has the Eurozone Learned from the Financial Crisis?

Harvard Business

If our politicians cannot achieve some sense of common purpose, there is little likelihood that the Euro will celebrate a 30 th birthday in 2029. Thomas Janisch/Getty Images. This month marks the 10-year anniversary of the Lehman Brothers collapse, the prelude to the worst global financial crisis since 1929. As we pass that mark, we are also approaching the 20-year anniversary of the launch of the Euro.

5 Ways U.S. Hospitals Can Respond to Medicare’s Mounting Costs

Harvard Business

As aging baby boomers continue to join the program, Medicare enrollment will rise at 3% a year until the end of the decade in 2029, and 2.4% Jorg Greuel/Getty Images. Intense pressure from the $719 billion Medicare program on the finances of U.S. hospitals promises to worsen in the years ahead.

Competing in the Huge Digital Economies of China and India

Harvard Business

Using our DEI model , there are three possible catch-up scenarios: First, if India were to pick up China’s momentum, it would reach China’s current level of digital evolution by 2029. Jeff Greenberg/Getty Images.