0 It might seem strange to worry about an economy that grew 7.4 per cent last year, but despite – or rather, because of – that good news, Turkey is showing all the classic signs of an emerging markets crisis. It’s pretty simple. Turkey has and continues to borrow a lot of dollars that are getting harder to pay back now that its currency is falling fast. Or, more specifically, its banks and companies have. But, in any case, the fact that its government hasn’t built up a big rainy-day…
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