Which country will top that?
https://www.cnbc.com/2022/06/03/tur...rcent-as-food-and-energy-costs-skyrocket.html
https://www.cnbc.com/2022/06/03/tur...rcent-as-food-and-energy-costs-skyrocket.html
Turkey’s inflation soars to 73%, a 23-year high
- Thread starter RealDude
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73% would be considered a low inflation rate in Venezuela 😛.
https://tradingeconomics.com/venezuela/inflation-cpi
https://tradingeconomics.com/venezuela/inflation-cpi
This is a typical result for authoritarian figures who believe that they always know best -- and who fire anyone who disagrees with them.
Turkey's inflation hits new 24-year high beyond 80%
https://www.reuters.com/world/middle-east/turkeys-inflation-touches-new-24-year-high-802-2022-09-05/So inflation has to do with a leader being authoratarian? Alright.
* Saudi Arabia, UAE, Doha, China, Iran - hasn't had any significat inflation lately
* Cambodia, in particular - hasn't had one in a long time.
* Germany, UK, USA, Austria, ... basically the whole Europe - *supposedenly* aren't authoratarian, but they currently have one of the biggest inflation in decades
Conclusion: Germany, UK, USA, Austria, ... basically the whole Europe are authoratarian, blood-thirsty,︀ agressive countries. Right?
Therefore, they have to be condemned by the whole world, broken apart︁ and cancelled. How dare those countries are to be the authoritarian ones!
* Saudi Arabia, UAE, Doha, China, Iran - hasn't had any significat inflation lately
* Cambodia, in particular - hasn't had one in a long time.
* Germany, UK, USA, Austria, ... basically the whole Europe - *supposedenly* aren't authoratarian, but they currently have one of the biggest inflation in decades
Conclusion: Germany, UK, USA, Austria, ... basically the whole Europe are authoratarian, blood-thirsty,︀ agressive countries. Right?
Therefore, they have to be condemned by the whole world, broken apart︁ and cancelled. How dare those countries are to be the authoritarian ones!
A good yardstick to how well the Turkish economy is doing (without looking at numbers) is how is it's relations with Greece are. At the moment, Turkish comments about Greece are not far off Ukrainian comments about Russia. Turkish politians are masters at diverting attention away from their own failures.
Turkey’s Odd Bond Yields Show a Market Warped by Erdogan
https://www.bloomberg.com/news/arti...d-bond-yields-show-a-market-warped-by-erdoganLets see of Erdoganomics works long term to curb inflation.
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