TURKEY in Deep Trouble as Inflation Soars Again & Interest Rates are Hiked to 50%
Please Support The Channel:
YouTube Super Thanks (click below)
YouTube Membership (click below)
Following his election win in May 2023 President Erdogan appointed a new Head of the Turkish Central Bank who decided to change the Economic Policy. Over the past 9 months Interest Rates have been increased to 50% however rather than reducing inflation it has actually caused inflation to rise to a 16 month high of 68.5% and also caused the Lira to CRASH. In this video I provide more details on the current situation, discuss WHY the new policy has not worked and look at the outlook for the Turkish Economy.
For specific details please check out the CHAPTER list below.
Thanks for watching and please LIKE and SUBSCRIBE.
If you like this video and are would like to buy me a coffee please click the link below. THANK YOU it is very much appreciated.
Chapters:
0:00 Intro
2:49 ECONOMIC POLICY CHANGES
5:35 INFLATION
8:04 FOOD INFLATION
9:11 LIRA
12:53 BALANCE OF TRADE
15:54 SUMMARY & CONCLUSION
#TURKEY
#russia
#sweden
#ukraine
#nato
#earthquake
#turkeyearthquake2023
#OIL
#GLOBALFINANCIALCRISIS
#RUBLE
#sweden
#finland
#RECESSION
#CHINA
#USA
#NATO
#WW3
#WORLDWAR3
1 view
100
38
3 weeks ago 00:00:54 1
Elon Musk takes son Lil X to meet Tayyip Erdogan
1 month ago 00:02:28 1
That Christmas | Official Trailer | Netflix
1 month ago 00:16:08 1
The Largest Greek Temple Ever Built
1 month ago 00:15:42 1
WAKING UP AT 3 am? Warning🚨 THIS IS SERIOUS!!
1 month ago 00:06:52 1
Turkey President’s FINAL Warning: Israel Should Stop Or Face BRICS Anger!
1 month ago 00:05:01 1
Ruben Monteiro | Lauranitza
1 month ago 00:03:08 4
Rudess - Like This
1 month ago 00:03:31 1
Earthquake Md 1.3 #Campi #Flegrei #Napoli 2024-10-28 00:40: UTC Depth km
1 month ago 00:04:49 1
هذا ما كشفه المؤرخ إي
1 month ago 00:01:22 1
Operation Guide-portable container house | How to install prefab shipping folding house in 2 hours
1 month ago 00:06:53 9
Micke Muster Boogie Woogie Country Girl
1 month ago 00:10:29 3
You Can’t make this stuff up!?! Did you know....
1 month ago 01:24:29 1
Ben Böhmer live above Cappadocia in Turkey for Cercle
1 month ago 00:55:46 1
How Hitler Came To Power, with Timothy Ryback and Jim Bittermann
1 month ago 00:20:41 1
The REAL LIFE of IRANIAN People 🇮🇷 What is ٖGoing on in IRAN these days?! ایران
1 month ago 00:02:58 17
Black Roses - Only Strangers (LIVE Deltävling 1 Hello Mello 2024)
1 month ago 00:02:50 9
Grannen Måns - Din DJ (LIVE Deltävling 1 Hello Mello 2024)
1 month ago 00:02:50 24
Sora Elding - Stanna tiden (LIVE Deltävling 1 Hello Mello 2024)
1 month ago 00:02:57 40
Valencia Montpaz - Dancing All By Myself (LIVE Deltävling 1 Hello Mello 2024)
1 month ago 00:00:58 1
Grand Jewish Spectacle “ROMANCE OF A PEOPLE“ 1933
1 month ago 00:02:18 3
Witts - Leave This Town
1 month ago 00:16:56 1
Atlantic Viking trawling the Barents Sea
1 month ago 11:54:59 1
LIVE | Putin’s Full BRICS Speech In English: Huge Message To West Amid Israel, Ukraine Wars | Russia
1 month ago 00:59:28 1
TOP 50 • Most Beautiful Places in the World 8K ULTRA HD