Turkey’s inflation soars to 73%, a 23-year high

[RealDude]

Which country will top that?

https://www.cnbc.com/2022/06/03/tur...rcent-as-food-and-energy-costs-skyrocket.html

 

[Martin Everson]

Which country will top that?

73% would be considered a low inflation rate in Venezuela .

https://tradingeconomics.com/venezuela/inflation-cpi

 

[M4S]

Canada’s Justin T,……… hold my beer, I got this!

 

[Golden Fleece]

This is a typical result for authoritarian figures who believe that they always know best -- and who fire anyone who disagrees with them.

 

[CoinMaster]

This is a typical result for authoritarian figures who believe that they always know best -- and who fire anyone who disagrees with them.

agree

 

[Golden Fleece]

Japan and China don't have any inflation. Europe and USA have! ????? what a sh***y day

Japan and China have much bigger problems. Their demographic situation is a ticking time bomb.

 

[troubled soul]

Seems everybody have problem. Nothing is perfect in this world

 

[RealDude]

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/

 

[Samman Kaseeb Sleiman]

This is a typical result for authoritarian figures who believe that they always know best -- and who fire anyone who disagrees with them.

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 apart and cancelled. How dare those countries are to be the authoritarian ones!

 

[RealDude]

Dubai inflation 7.1% in July 2022
India inflation 6.7% …

 

[fc70]

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/

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.

 

[Samman Kaseeb Sleiman]

Europe and UK are bitting Turkiye, though.




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[Martin Everson]

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-erdogan

Lets see of Erdoganomics works long term to curb inflation.