Turkey and Other Emerging Markets Are CRASHING as Currency Drops 20%!

Turkey is leading the charge on the way down of the rapid loss of value of emerging market currencies. After the introduction of new tariffs, Turkey is feeling the immediate effects which has then spread throughout the other emerging markets. There seems to be fewer and fewer choices for investors. Who stands to gain from this?

Turkish lira loss deepens as PM Erdogan calls for citizens to convert out of dollars, gold
https://www.cnbc.com/2018/08/10/turkish-lira-loss-deepens-as-pm-erdogan-calls-for-citizens-to-convert-.html
Turkey lira crashes to new lows as market alarm grows | AFP.com
https://www.afp.com/en/news/23/turkey-lira-crashes-new-lows-market-alarm-grows-doc-1896nq3
2018-08-10_6-21-45.jpg (890×471)

2018-08-10_6-30-00.jpg (890×461)

Turkish lira vs peso.jpg (756×528)

2018-08-10_6-30-35.jpg (636×259)

2018-08-10_6-33-03.jpg (890×464)

TRY LT.jpg (890×491)

2018-08-10_6-10-15.jpg (890×440)

ECB growing concerned over euro zone bank exposure to Turkey: FT | Reuters
https://www.reuters.com/article/us-turkey-currency-europe-banks/ecb-growing-concerned-over-euro-zone-bank-exposure-to-turkey-ft-idUSKBN1KV0W0