After Turkey passed their resolution to go after the rebels in Northern Iraq, I could not help but think ‘did US congress really not expect this’?
I find it interesting that now, only a few days after the US congress seeks to recognize the Armenian massacre. Obviously it was a touchy subject for Turkey, as they immediately withdrew their ambassador, and low and behold, less than a week later they plan on going into northern Iraq. (Something they wanted to do in 2003-2004, after the major push by the US forces was completed.)
I get a strong feeling this whole situation can be squashed if congress stops focusing on what happened in WWI, and focuses on the present. (Not to diminish the severity of a massacre, but what good does it serve to create political uncertainty for the sake of recognition? This tragedy can be forever remembered in ways outside of politics.)
I have a feeling this event will be over by the end of the month, facilitating a market correction. Got to love politics.