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Turkey Votes For Economic Crisis

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Turkey Votes For Economic Crisis

  • Turkey’s marathon elections are still in progress with a historic run-off in the presidential contest scheduled for 28 May.

 

  • Contrary to my predictions in the previous video, incumbent Erdogan has a strong edge to win a third term.

 

  • A small detour about where I went wrong in my prediction is necessary, bear with me, Dear Watcher.

 

  • Erdogan has no reason, neither has he given a hint about changing his economic policies which brought Turkey ruination.

 

  • If he wins, Turkish economy is headed for a poly-crisis, to use a newly coined expression.

 

  • There will be four distinct shocks to the economy culminating in a deep crisis sometime in the winter months.

 

  • Does he have a way out to muddle through the winter?

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