<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"><channel><title>alpcakin</title><description>Writing about macroeconomics, financial crises, market dynamics, and the quantitative side of how markets behave.</description><link>https://www.alpcakin.com/</link><item><title>The Iran War: Is the Great Power America Losing?</title><link>https://www.alpcakin.com/posts/iran-usa-war/</link><guid isPermaLink="true">https://www.alpcakin.com/posts/iran-usa-war/</guid><description>Iran&apos;s leader was killed on day one. Its currency is the world&apos;s least valuable. So why is half the media calling it a US defeat? The numbers tell a different story.</description><pubDate>Wed, 15 Apr 2026 10:00:00 GMT</pubDate></item><item><title>Turkey and the Ghost of 1970s America: A Stagflation Analysis</title><link>https://www.alpcakin.com/posts/turkey-stagflation-analysis/</link><guid isPermaLink="true">https://www.alpcakin.com/posts/turkey-stagflation-analysis/</guid><description>When inflation hits 85% but the economy is still &apos;growing&apos;, what do you call it?</description><pubDate>Sat, 14 Feb 2026 10:00:00 GMT</pubDate></item><item><title>When Nations Stop Having Babies</title><link>https://www.alpcakin.com/posts/when-nations-stop-having-babies/</link><guid isPermaLink="true">https://www.alpcakin.com/posts/when-nations-stop-having-babies/</guid><description>Why 63 countries are shrinking, governments are panicking, and money isn&apos;t fixing it.</description><pubDate>Fri, 16 Jan 2026 10:00:00 GMT</pubDate></item><item><title>BIST 100: Three Perspectives on Turkish Stock Market Performance</title><link>https://www.alpcakin.com/posts/bist-analysis/</link><guid isPermaLink="true">https://www.alpcakin.com/posts/bist-analysis/</guid><description>The Turkish stock market shows spectacular TRY gains, but what happens when we adjust for currency and inflation? A quantitative look at nominal vs. real returns in emerging markets.</description><pubDate>Sun, 04 Jan 2026 10:00:00 GMT</pubDate></item><item><title>Japan&apos;s Debt Crisis: A Three-Decade Spiral</title><link>https://www.alpcakin.com/posts/japans-debt-crisis/</link><guid isPermaLink="true">https://www.alpcakin.com/posts/japans-debt-crisis/</guid><description>How the world&apos;s third-largest economy learned to live with 250% debt-to-GDP—and why cheap money alone can&apos;t fix structural problems.</description><pubDate>Wed, 24 Dec 2025 10:00:00 GMT</pubDate></item></channel></rss>