How Turkey's economic and political trajectory compares to India | Data Point podcast
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The Importance of Expectations
There has to be some kind of breaking point where reality has to be faced right so at what point does that come? A lot depends on expectations and it depends on whether your economy is on the way down from being relatively up. So for example if you compare Turkey and India you might say that Turkey in if you think of them as though they were individuals Turkey would be close to a middle class person whereas India would be collectively lower middle class emerging out of poverty.
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