anyone has any theory on whether turkey is special case, or if its neighbors are going to follow the same path ?
They are importers of Energy unlike most of their neighbours and is a net food importer having been especially hit hard by the Ukraine conflict.
Turkey was indeed in the top 5 food importers from Ukraine in 2018. Interesting stuff!
Edit: actually the 5th top importer
https://www.npr.org/2022/04/06/1091287991/turkeys-runaway-in...
Basically, the president doesn’t trust interest rates because it means some people can’t pay back loans.