Germanic economic system is different than Germanic economic model. that Germanic economic system that is imposed on Europe creating depopulation of skilled people in Eastern EU and Turkey. The difference between Turkey and rest of Eastern EU is that Turkey managed to increase its population through selling real estate to foreigners. and refugees.Is it German economic system to cut interest rates when you have climbing inflation ?
Germany is an export powerhouse. Not Turkey. What do they do with such depreciating currency ? It has fallen too low to give meaningful export success and growth. Turkey is going to find a good place in Economics books.
now currency crises has completely destroyed that real estate wealth creation and Erdo has lost face in the region. and half backed industrialization created shortage of consumer items. even a stripped down smallest basic cars now cost $30k.
The only thing attracting Erdogan to Ukraine is preventing a newer state made of muslim oligarchs. It will also attract people from Turkey and wider Middleast as climate change impact become more obvious. let see how Turkey managed new sanctions on Russia if imposed.And its quite far fetched to believe a Tatar republic to rise from Ukraine, let alone they'll become rich. A new state created from the present Ukraine ( however that may happen) won't prosper due to the sanctions EU and US will place. Arabs won't invest if western sanctions kick in. Russia itself is threatened with considerable sanctions if Ukraine falls. Erdogan must be on drugs.