You bet your dollar-bottomed: Erdogan’s next gambit

About this episode

<p>President Recep Tayyip Erdogan’s <a href="https://www.economist.com/europe/2021/12/21/turkeys-president-launches-a-plan-to-shore-up-his-plummeting-currency?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&utm_term=sa.listeners" rel="noopener noreferrer" target="_blank">idea</a> for saving the lira by backing deposits with dollars means the Turkish taxpayer will end up bailing out the Turkish depositor. Our correspondent finds <a href="https://www.economist.com/christmas-specials/2021/12/18/the-virtues-of-an-unrepresentative-sample?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&utm_term=sa.listeners" rel="noopener noreferrer" target="_blank">striking insights</a> in 40 years’-worth of humdrum submissions to a unique sociology project. And Saudi Arabia’s <a href="https://www.economist.com/books-and-arts/2021/12/18/after-banning-cinema-for-decades-saudi-arabia-is-making-movies?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&utm_term=sa.listeners" rel="noopener noreferrer" target="_blank">multi-billion-dollar push</a> into the cinema industry it outlawed for decades.</p><p>For full access to print, digital and audio editions of <em>The Economist</em>, subscribe here <a href="http://www.economist.com/intelligenceoffer" rel="noopener noreferrer" target="_blank">www.economist.com/intelligenceoffer</a></p> <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>