TURKEY in Deep Trouble as Crisis Accelerates, Inflation Soars, Lira Crashes & Interest Rates Hit 50%
Video Summary The economy of Turkey is facing a severe crisis, with inflation rates reaching 70%, one of the highest in the world. To combat this, the Turkish Central Bank has increased interest rates to 50%, the second highest in the world. The country’s situation is particularly concerning due to its negative balance of trade, […]