supporttheunderdog wrote:So where has the money gone?
In effect, USD 75 billion gone from the Turkish Central bank....
https://ahvalnews.com/turkey-economy/how-75-billion-disappeared-turkeys-central-bank?amp
embezzlement, corruption and a misguided domestic, economic and foreign policy.
it is alleged that End-organ, his family and people close to him have dramatically increased their net worth since he has been in power. For a politician that is on a salary of about $58,000, it is alleged that he is worth about 1000 times that at $58 million. He also built a palace for himself that is worth about $1.2 billion and there were countless, "projects of the century" that required mega financing.
I also suspect that a large segment of the population have been paid off to keep him in power for so long.
We can only speculate how much it has cost to project military power in the wider region. That is probably the greater expense.
The end result; he is running out of runway, destroying the country and dragging the region towards instability.