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Consumption and crisis

7 7 96
27.07.2021

A supposed paradox is currently playing out in Turkey. On one hand, objective economic data (unemployment, inflation, credit card debt, insolvencies) have been indicating a worsening economic crisis for months, if not years, which has been exacerbated by the pandemic. This is confirmed by the subjective opinion of most Turks, who complain about their economic situation. On the other hand, during the week of Bayram, touristy places and not only the hotspots, but hopelessly overcrowded. Beaches, swimming pools, restaurants along the coasts, clubs, shopping centers were filled to the brim. The streets of sleepy villages like Sığacık or Çesmealtı (Urla) are as full as those in Şişli or Üsküdar at rush hour.

Small, picturesque Art Street resemble Istiklal Avenue on Saturday evening. And, the visitors are not just idly strolling. The restaurants, snack bars, and ice cream shops are all full, the tables well set, on the Aegean also with plenty of alcohol, which flows in streams starting at 11 o'clock in the morning. If you didn't know the news and data about the economic crisis and didn't talk to locals, you........

© Duvar English


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