* https://www.wsj.com/world/middle-east/turkeys-erdogan-fires-...
* https://archive.is/https://www.wsj.com/world/middle-east/tur...
* https://www.wsj.com/world/middle-east/turkeys-erdogan-fires-...
* https://archive.is/https://www.wsj.com/world/middle-east/tur...
Erdogan had also fired the Central Bank Chief when he refused to lower the interest rates: https://www.bbc.com/news/world-europe-48891658
and then kept firing: https://www.reuters.com/article/world/middle-east/turkeys-er...
https://www.reuters.com/article/business/the-last-straw-why-...
His stated aversion to interest rates is religious and it causes economic divide.
IMO, US might be on the same path albeit slower. This might become a revolving door if the calculation/facts from other sources continues to be bad. And once Jerome Powell leaves interest rates cuts will be pushed through making things worse.
Hasn't the US been speed running this for the past six months?