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Turkey’s Earthquake: Making Sense of the Human and Economic Toll

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[embed]https://www.youtube.com/watch?v=ga6_BdmTdLk[/embed] Turkey’s Earthquake: Making Sense of the Human and Economic Toll  
  • At the end of the first week after Turkey’s hellish earthquake, estimates of human toll rose to 50K, while one report claimed total loss could be as high $84bn.
 
  • This analysis attempts primarily to make sense of conflicting claims and definitions of “loss”.
 
  • It appears that the pessimistic projections are closer to the reality.
 
  • A bitter fate awaits the survivors, as government aid efforts are inadequate and hampered by political infighting.
 
  • The political landscape can be drastically altered by the huge death toll and wide-spread accusations of Erdogan failing to respond to the calamity in a timely manner.
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