"DALOGLU: Turkey's crisis
Financial woes threaten economy
Tulin Daloglu
Tuesday, December 9, 2008
Many people are directly feeling the effects of the recession –- and the ramifications reach far beyond the United States.
According to the International Labor Organization, the current global financial crisis could cause as many as 20 million people worldwide to lose their jobs and cause extreme poverty to afflict as many as 40 million people. This crisis will test the ability of elected officials to make difficult decisions that their people may not agree with. That is, however, the weakest point in today´s democracies. "
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