The Turkish economy has been suffering from external debt for a long time. The gross external debt of Turkey is around $250 billion in 2008. Since 2003, the municipality of Istanbul has been planting tulips everywhere in the city, which cost $ 675 million. And these tulips are without bulbs, so you cannot plant the same tulips next year. And when you see the amount of money spent in 5 years for tulips, you ask yourself why this money wasn't spend on schools, roads, factories, hospitals.
Even the historians cannot see, I think Turkey has gone into Tulip period again like the Ottoman Empire. And I wonder if this period will end with a coup or it will continue as the external debt grows.
Published by RDA
I live in Turkey. Worked 6 years as a cook and waiter in our own family restaurant. Planning to open my own Italian restaurant in few years. View profile
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