Invest in Turkey? Think again
Turkey has become Venezuela. Whereas that South American country was once the wealthiest on the continent, almost two decades of highly ideological rule by Hugo Chávez and his successor Nicolás Maduro has run Venezuela into the ground. At its core, the problem with Venezuela was Chávez and Maduro’s subordination of the economy to politics. When warning signs emerged that their policies were faltering, the Venezuelan leaders preferred to lash out at enemies real or imagined rather than accept accountability for their own actions.
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Πηγή: American Enterprise Institute
