Erdogan is a talented politician, who will say whatever works, and can sell it well. In the past, economic results strongly supported his sales pitch. Now he is fighting the tide.
The downturn in Turkey this year is really much sharper than I would have thought - worse than the US experienced at the start of the Great Depression. The stock market had been down 40%, and the currency had dropped 40%, in the first 7 months of this year.
Their currency just dropped 15% in one day.
