Politics

Turkey’s Currency Crisis Tests Erdogan’s Gamesmanship

The president has built his career on taking advantage of crises. How far is he willing to take this one?

Turkish President Recep Tayyip Erdogan.

Photographer: Jason Alden/Bloomberg

There’s a famous saying in politics: “Never let a good crisis go to waste.” It’s hard to think of a leader who’s put that to better use than Turkish President Recep Tayyip Erdogan. In a way, his entire political career was born out of crisis. After a stint as mayor of Istanbul in the 1990s, Erdogan was briefly jailed and his Islamist political party was banned. He then helped form a new party that was swept to power after a devastating financial crash hit Turkey in 2001. He’s now a twice-elected president who’s steadily amassed power, in part by knowing how to leverage a bad situation. He did, after all, describe a failed coup against him in 2016 as a “gift from God,” because it allowed him to crush his political opponents and endow himself with even more authority to bring about his vision for a “new Turkey.”

Erdogan knows as well as anyone the political cost of an economy going up in smoke. So why is he goading Donald Trump into tariffs and sanctions when Turkey’s economy is in so much trouble?