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Where Does Türkiye Stand on the Global Debt Map? The West's Debt Burden Is Increasing.
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While the US and Europe are drowning in debt, Turkey shines like a star. According to figures from the International Institute of Finance, technically considering only "public debt," the US debt is $40.5 trillion, while the total debt of 32 European countries is $95 trillion. Economist Necmettin Batırel examined Türkiye's debt record in his assessment.
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