News for hackers. Stuff that matters.

A comment on Turkey’s inflation soars to 73%, a 23-year high, as food and energy costs rise. Parent comment

Re:Turkey’s inflation soars to 73%, a 23-year high, as food ... by supernova87a on Saturday June 04, 2022 @12:41PM (#31622469)
There is a saying, "There are four kinds of countries: developed countries, underdeveloped countries, Japan, and Argentina."

Japan — nobody knows why it grows, and Argentina — nobody knows why it doesn't.

[ Parent | on HN ]
Re:Turkey’s inflation soars to 73%, a 23-year high, as food ... by Mikeb85 on Saturday June 04, 2022 @12:57PM (#31622663)
> Japan — nobody knows why it grows

Productivity

https://tradingeconomics.com/japan/gdp-per-capita-ppp

> Argentina — nobody knows why it doesn't

I mean, Argentina's economy has grown a lot since 2002. But for the most part, they've been hurt by a large debt burden and financial mismanagement.

[ Parent | on HN ]