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Why Turkey Is Not Fixing It's Hyperinflation Problem

Economics Explained

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Turkey - A Great Destination for Tourists

Turkey had a lot going for it. A great geographic position, developing industrial and tourism sectors, all backed up by a self governing currency that was seemingly under careful control. The current issues o the nation is facing really got started around five years ago. In two thousand and 14, rese berdoan was elected president, running on a platform of conservative populaism. He is also shown to be a supporter of the ideals of islamic finance. Typical interest bearing assets are forbidden because they are deemed by the faith as usury. To kind of skirt around these rules, islamic banks will set up savings accounts where stors share in the profits of the bank, and borrowers will

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