We propose a string theory of turbulence that explains the Kolmogorov scaling
in 3+1 dimensions and the Kraichnan and Kolmogorov scalings in 2+1 dimensions.
This string theory of turbulence should be understood in light of the AdS/CFT
dictionary. Our argument is crucially based on the use of Migdal's loop
variables and the self-consistent solutions of Migdal's loop equations for
turbulence. In particular, there is an area law for turbulence in 2+1
dimensions related to the Kraichnan scaling.Comment: LaTeX; 15 pages, two figures; v.2: slight changes to text, footnotes
and references adde