Vital Signs: Turkey shows the economic pain of global democratic backsliding

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  • As American baseball legend Yogi Berra once supposedly quipped, “It’s déjà vu all over again.”

Three years ago the crisis was in Greece, now it’s Turkey.

  • Richard Holden
  • The Conversation

Another European summer and another European economic crisis.

It’s tempting to say that being in Europe is all the two situations have in common.

Karen 6fGreece’s population is a little over 10 million; Turkey’s is nearly 80 million.

Greece’s troubles were triggered by out-of-control government debt; Turkey’s government debt-to-GDP ratio is quite low.

The Greek government was on the loopy left; Turkey’s ruling Justice and Development Party is on the…

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