Debt spiral engulfs Turkish voters months before polls ...Kuwait

The New Arab - News
Debt spiral engulfs Turkish voters months before polls
The growing pile of debt notices covering the Ankara district mayor's desk hint at the scale of the economic crisis facing Turkish voters months before crucial presidential polls. The warnings and court summonses end up being forwarded to Ali Golpinar -- the "muhtar" of one of the Turkish capital's working-class suburbs -- when they cannot be delivered to the debtor's stated address. Golpinar says the number of them he gets daily has doubled to about 40 in the past two years. That generally reflects what has happened to Turkey's consumer prices over the same span. The official inflation rate hit 85 percent in the past year alone. "And these are only the undelivered l

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