Turkey’s economic catastrophe proves dangers posed by Erdogan’s government

The economic theories of Turkish President Recep Tayyip Erdogan, who based on Islamonomics, they are wreaking havoc and confirming the worst fears of his monarchical way of governing, the Washington Post editorial board said this week.

Erdogan’s actions They are slowly eating away at the nation’s wealth and have caused a dizzying collapse of the Turkish pound and a reverse inflation rate, but so far it has been able to continue because of its “arbitrary and capricious way of governing,” the Washington Post reported.

“In a healthy democracy, an unbridled leader responsible for such a catastrophe would face scrutiny and backlash – with the most essential being the free expression of truth and the policies of the opposition,” the paper said.

Erdogan’s policies, which include lowering interest rates amid rising inflation – contrary to any rational economic practice – come from the same authoritarian source of power as the persistent and unbridled persecution of a leading political dissident, philanthropist and philanthropist. Osman Kavala, said the Post.

Kavala is accused by Erdogan of financing nationwide demonstrations in 2013 (The well-known events in Gezi Park) and of participating in a military coup attempt in 2018. He is being held pending his trial since 2017 despite international calls for his release. Last October, Erdogan threatened to expel 10 ambassadors from Western countries, including the United States, on charges of “blasphemy” after they … called on his government to release him.

The damage to Turkey could soon prove impossible to repair, the Washington Post reported.

“Unless compensatory pressure – both at home and abroad – can persuade Erdogan to change course, his country could suffer irreversible political and economic damage,” he said.

Petros Kranias