https://twitter.com/Schuldensuehner/status/1476709184699711488 #Turkey’s currency woes are likely to get worse: President Erdogan’s voodoo economics have put taxpayers on hook for billions. Rescue plan involves govt insuring lira deposits against swings in exchange rate. In short term the scheme seemed to have worked. https://t.co/lkk3fppApo https://t.co/upKmoh5Ne7 via @Schuldensuehner
https://twitter.com/Schuldensuehner/status/1477991289622777856 #Turkey inflation hits highest since 2002 amid Lira woes propelled by President Erdogan’s push for cheaper borrowing. Annual consumer inflation rate rose to 36.08% last month, a 19y high. https://t.co/DIdCUJixdn https://t.co/ItfhcjCTAr via @Schuldensuehner
Twitter
Holger Zschaepitz
#Turkey inflation hits highest since 2002 amid Lira woes propelled by President Erdogan’s push for cheaper borrowing. Annual consumer inflation rate rose to 36.08% last month, a 19y high. bloomberg.com/news/articles/…