Turkey may theoretically choose to take an even higher dose of the drug that got it into trouble, credit-financed spending accommodated by an overly loose monetary policy. That may delay the pain for a while, but it would exacerbate the underlying problem. The correction afterwards could then feel even more like a “cold Turkey” shock.
Results for Tag: Syrian refugee
While some Lebanese have shown solidarity with refugees, there are growing tensions over resources and jobs. Even as the conflict in Syria continues, Lebanese politicians have become increasingly vocal since 2017 in calling for the refugees to go home. Since 2016, some municipalities have forcibly evicted Syrian refugees from their homes. Growing numbers of those living in Lebanon worry that they will be forced to return to a war zone.