Showing posts with the label Absurdity

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Turkey: A Slow Path towards Normalization

The intriguing and somewhat bewildering world of "Monitoring Turkey." Brace yourselves for a journey through the labyrinthine twists and turns of Turkey's attempts at normalcy. Prepare to witness a spectacle that will leave you simultaneously amused, bemused, and perhaps a tad bit concerned. As we step into this realm, let us take a moment to marvel at the audacity of a country that dares to normalize at a pace that could only be described as leisurely. Like a tortoise in a race against time, Turkey embarks on a slow and meandering journey towards finding its footing. It's a sight to behold, as the world watches in amusement, wondering if the destination will ever come into view. In this topsy-turvy land of economic acrobatics, the Central Bank of Turkey takes center stage, offering us a performance that can only be described as a masterclass in under-delivery. With a flair for the dramatic, they hike interest rates for the first time in years, but alas, the appl...