When Interest Exceeds Principal: The Alarm Bells for Türkiye’s Debt Architecture

In the theater of Turkish economic debate, the spotlight is frequently fixed on the sheer “size” of the debt. Headlines often scream about trillions of Liras or hundreds of billions of Dollars. However, focusing solely on the volume of debt is a fundamental diagnostic error. The real risk lies in the architecture of that debt: … Continue reading When Interest Exceeds Principal: The Alarm Bells for Türkiye’s Debt Architecture