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the boss of the australian based work platform, airtasker and the man leading the policy to regulate the sector, european commissioner, nicholas schmit. also on the show i am going to be talking about supply chains, and the economic pressures of doing business in turkey where inflation is running at 80%. companies. i have got the big bosses of the company which owns companies. where ever you arejoining me from around the world, once again a big hello and a warm welcome to the show. you know, we have seen lots of massive disruptions to the global economy in the last few years. the pandemic shut the world down and now war and sanctions are driving prices up. but before covid, the world of workers was going through another disruption and digital one at that. technology companies were launching platforms like uber, just eat and deliveroo where people can work for less than an hour if they chose, rather than sign contracts for work for years. companies work millions left reg ....
Quite dramatically because of this high inflation. 0n the other hand, in turkey we have had high inflation before. periodically, iwould in turkey we have had high inflation before. periodically, i would say every six or seven years turkey goes through a cycle of crisis. which is actually made companies like the one i am leading very resilient to crisis. i am i am leading very resilient to crisis. iam prepared i am leading very resilient to crisis. i am prepared to argue that we have much more experience dealing with inflation that you see now in the uk are in northern europe, which you haven t seen in 50 years. we know how to deal with it much better, we know how to change our supply chains. supply chain cycles are basically fulfilment cycles, pricing strategies. and it does make us a little bit protected in this regard. us a little bit protected in this reaard. ., ., ,, ., ., , regard. you are known for being forthriuht regard. you are known for being forthright about regard. you ar ....
Operation and just keeping the operation or smaller downsides way. let s talk about the economic problems facing turkey will stop the inflation hit 80%, the lira plunging inflation hit 80%, the lira plunging in value and the president insists on lowering interest rates, when as you know all economic norm say that you know all economic norm say that you raise rates to lower inflation, like we see many banks doing right now. i am just wondering which one of those keeps you awake at night? these days there are so many reasons to keep you awake at night, how can you fall asleep? you never know what is coming. turkey, it is a double edge sword, of course it is quite sad that we are under this extreme inflation blusher, 80% makes daily life very difficult. this disposable income, and wage inflation strengths the market. the turkish market in terms of units has been shrinking ....
Solve them. what we don t think is a good idea is to take the same solutions, the same systems that exist in the permanent, full time environment and just arbitrarily apply them into the flexible labour environment. i i work well. appreciate your time, thank you for joining me. not many turkish manufacturers are household names across a large part of the world are colluding the west, but you might be familiar with the goods maker becker as well as fridge freezers and washing machines they will find their name on computers, audio goods and air conditioning units. but as well as having to cope with covert and supply chains problems in to go greener, they are based on a country where inflation reached close to 80% in july. the where inflation reached close to 80% injuly. the country s president has been getting close to putin and the lira has lost half of its value against the dollar in the last year. ....