Why did Erdoğan win?
The LRB Podcast
The Economic Situation in Turkey
The Lyra has dropped to historic lows against the dollar and other foreign currencies. Inflation is running 40, 50%. And as you're saying, a piece, Tom, if the opposition couldn't win with inflation above 40%, when could it? So how bad is the economic situation, is he? Well, everyone is still, as I think we're addressing, very good at winning elections but his other great skill set that of actual governance is definitely rusting.
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