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A cut-rate theory: Turkey’s currency spiral

The Intelligence from The Economist

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Mister Ardan's Reluctant to Give in to Turkey's Currency Crisis

Turkey has been here before. And mister ardan, when confronted with the prospect of a currency collapse, pulled back and gave in. This time round it seems that he's more reluctant to do so than ever before. The risk is not only to the economy, but to mister done's political standing. Already his support is at a record low; elections scheduled for 20 23 don't look great.

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