Washington-Sana
The American Barrons magazine confirmed that the insistence of the Turkish regime's president, Recep Tayyip Erdogan, and his constant quest to extend his absolute authority over the reins of government in his country reflected negatively on the Turkish economy, which is still in danger, describing it as a "drunken cowboy."
The weekly magazine explained in an article that Erdogan's liquidation of central bank professionals and the replacement of even people who did everything he told them without objection had a major role in the deterioration of the Turkish economy.
For years, Turkey has witnessed a significant deterioration of its currency due to the deteriorating political and security conditions as a result of the repressive practices of the Erdogan regime under the pretext of the 2016 coup attempt, which led to economic repercussions on the country, including a decline in tourism and investments and a decrease in foreign exchange revenues, which reduced the confidence of foreign investors in the Turkish economy.