Turkish Treasury and Finance Minister Berat Albayrak speaks during the launch of Turkey's new economic program for 2020-2022 in Ankara on Sept. 30, 2019. Turkey believes it's ready to cope with the economic consequences of its invasion of northeastern Syria.
Editor's Note : Since 2018, Turkey's economy has been fragile, suffering from high inflation, a tanking currency and rising levels of debt. And with some congressional leaders in the United States threatening to hurt Turkey's economy in response to its invasion of northeastern Syria, we're revisiting some of our past pieces that lay bare the plight of the Turkish economy — and what might happen if Washington turns the screws on Ankara . For Turkey's economy, the day of reckoning may be near. The White House and U.S. Congress may disagree on Turkey more than ever, yet both the president and a top Republican senator alike have been bellicose in their economic threats to Ankara in recent days, pledging, respectively, "to destroy and obliterate the economy of Turkey" and impose "sanctions from hell" on the country over its invasion of northeastern Syria.
