A cut-rate theory: Turkey’s currency spiral
The Intelligence from The Economist
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Turkey's Economy Is Already Going Badly Wrong
Many blue collar workers, students and pensioners are unable to afford things like meat or some basic household necessities. Young professionals are thinking of leaving Turkey; three thousand doctors have emigrated since the start of the year. One was a retired nurse who said that at the end of the month, the only food she could afford to make for herself and her two sons was a dish of pasta without so much as a drop of olive oil.
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