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Understanding Turkey’s Phenomenal Currency Collapse | Real Turkey

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Understanding Turkey’s Phenomenal Currency Collapse

 

  • Turkish Lira lost more than 40% of its value vs dollar and Euro in a year!

 

  • The reason is President Erdogan’s crazy monetary experiment.

 

  • Why is he endangering his career and a nation’s prosperity? He may be losing his wits.

 

  • Where do we go from here?

 

  • Watch out for capital controls and bank runs.

 

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