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economic collapse However, the pure prevalence has its financial significances, in the entire of Istanbul metropolis, as thickly and densely populated and a enterprise hub it is, immediately the minor earthquake happened, individuals were evacuated from buildings for security and business ended for the day, a loss in an economic system with a lot economic actions occurring, so many banks would not have the ability to close and conclude transactions for the day, similar as many other organizations and corporations, then people moved to the parks till night, it was a humorous night for Turkish, some did not sleep at home, they took their blankets and went to sleep on the parks, especially those living in condominiums and notably those who had been in their residences when it occurred, although they stated it was directives from concerned authorities businesses and elaboration from social media as touching safety against reoccurrence, but individuals like us slept in our rooms. Because the shutdowns orchestrated to cease the spread of the novel coronavirus create monetary damage for individuals and companies throughout the country, the economic system is teetering on collapse,” points out Robert Pollin, distinguished professor of economics and co-director of the Political Financial system Analysis Institute on the University of Massachusetts at Amherst, on this unique interview for Truthout.
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