CAPITAL CONTROLS, RESERVE SELLING, MONETARY TIGHTENING ALL FAIL!
WITHIN 6 MONTHS-1 YEAR YOU WILL SEE A MASSIVE ECONOMIC CRISIS IN TURKEY!
THIS SHOULD SERVE AS A WARNING TO ALL OF YOU WHO BELIEVE INTEREST RATES WILL REMAIN LOW IN WESTERN COUNTRIES FOR A LONG TIME!
WHEN THEY RISE, IT WILL BE AT AN EXPONENTIAL PACE!
That would be a factor that both cases you mentioned did not suffer from!