Quote of the Day: Turkey’s Economy Is So Hot That It May Face a Meltdown – The New York Times

Inside Istanbul’s Grand Bazaar.

“The Turkish lira is like ice in hot weather. The second you take it out, it starts to melt.”

~ZEKI UCKARDES, a scarf vendor at Istanbul’s Grand Bazaar, where merchants complain that they must pay rent in dollars or euros even as they collect the fast-devaluing lira for their sales.

Source: Quotation of the Day: Turkey’s Economy Is So Hot That It May Face a Meltdown – The New York Times

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