- Erdogan’s heterodox (unusual) economic policies pushed Turkey into the abyss.
- “Official” inflation is 36%, unemployment is 22%, up to 70% of people complain about poverty.
- All economic indicators will get worse because the depreciation of the Turkish Lira can’t be controlled.
- Currently, Central bank and state Lenders sell FX to defend TL, But, ammunition is running out.
- Next Stop Is “Currency Controls”
- What are currency controls and is there evidence for them?
- The End-Game: Erdogan and Turkey are racing to see who collapses first.
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