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It will probably work out just fine as they become a key player in European LNG. Turkey couldn’t have serviced their debt with rising interest rates and contin
by nostrebored 2y ago
It will probably work out just fine as they become a key player in European LNG.
Turkey couldn’t have serviced their debt with rising interest rates and continued government spending on expansion.
Being inflation averse makes sense when you can’t reasonably make use of funds. It’s not clear how much of that is actually related to the business cycle and how much is related to MMT, regardless of what adherents would have you believe.