Turkey shocks markets with rate cut despite inflation near 80%

5 comments
  1. Short term rate and tax cuts improve the economy by injecting more money into it.

    Medium/Long term become quite problematic and can cause very serious economic problems.

    Every populist is going to try one cut or the other, usually both to try to survive the next election cycle until the country’s economy collapses.

  2. ERDOGANOPOULOS THANK YOU 💪💪💪💪

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    Destroyed turkish pilots and put them in jail : check

    Made everyone in europe and nato mad: check

    Destroyed turkish economy : check

    ERDOGANOPOULOS FOREVER INSALAH

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