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A brief picture of the impact caused by recent hikes on people’s economy

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EMPTY STREETS IN ISTANBUL AFTER PRICE HIKES

After recent prices hikes in almost everything citizens need to use in their daily lives, what has happened could simply be summarized as below:

=> People have stopped spending when hikes on everything have come like rain…
=> That is hikes from fuel-oil to electricity, natural gas to bridges and tunnels…
=> There is no traffic in the streets or on roads… restaurants, cafes are empty, no one even bothers to look at discounts in stores.
=> Record-breaking inflation and a rising dollar…
=> And everyone knows / is aware “worse days are ahead”.

The question at this point is;
Do we owe this success to the NEW ECONOMIC MODEL launched by the administration?

The content of above post (except for the question) was taken from below message on TW

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