Almost 2 years into #simsek 's 'stabilization' program (built on 2 pillars: tight monetary policy & fairy tales about reforms etc) and the déjà vu is getting hard to ignore.
Failure is in the air.
#Turkey #sameold

@financialtimes.com , you can do better than ⬇️ "well respected" by whom at this stage? Simsek has been in his parallel reality over the past 2y. Zero reforms, fiscal not supportive of disinflationary efforts. #Turkey

The CEO of #Zorlu Holding , Cem #Koksal, has been detained. My piece from earlier today:
#Turkey

The imprisoned leader of the Kurdistan Workers’ Party (PKK), Abdullah #Öcalan, has called on the group to disarm and disband. This could mark a historic turning point. #Turkey ⬇️