TURKEY - Collapse Imminent as Foreign Currency, Electricity & Gas All RUN OUT & Businesses Shut Down

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In this video I explain why the Crisis in Turkey has become much worse over the past few days and why the economy is now on the BRINK OF COLLAPSE. President Erdogan has just announced that the GAS supply problems may last for another 15 days. Turkish industry is already on its knees and this could be the last straw. INFLATION is now above 50%, Turkish LIRA is under pressure and Turkey is running out of FOREIGN CURRENCY which it needs to buy GAS to keep the country supplied with ELECTRICITY. Turkey is fast running out of road....

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Chapters:
0:00 Intro
2:38 ERDOGAN GAS ANNOUNCEMENT
8:07 TCB INFLATION FORECAST
10:20 TCB INTEREST RATE POLICY
11:40 FOREX RESERVES
17:11 DEPOSIT GUARANTEE SCHEME
19:42 Summary & Conclusion

#Turkey
#Turkey Crisis
#Lira
#Inflation
#Evergrande
#Global Financial Crisis

Видео TURKEY - Collapse Imminent as Foreign Currency, Electricity & Gas All RUN OUT & Businesses Shut Down канала Joe Blogs