If the timing belt broke, you'd end up with bent valves and no compression on each cylinder. Cams DO break, it's not uncommon, but it's unusual. They can fail for all sorts of reasons, a valve sticking, a cam lobe that's not being oiled seizing... I've even heard stories of cams snapping because of odd harmonics from a poorly running engine. So far as the turbo goes, I'd have that checked, it's possible it's going bad, but it could be as simple as a clogged turbo oil drain line. If the oil from the turbo can't return to the pan it has to go somewhere, usually ends up in the compressor and turbine.