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I’m having a hard time grasping the real impact of this. How does the combination of GDP growth, Lira’s falling value and, I assume domestic inflation impact living standards in Turkey? Is the ultimate cost a debt load that is crippling in the future or that can’t be paid back? Isn’t that a more aggressive, but similar, strategy that we in the US are pursuing?

Nov 16
at
1:15 PM
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