RUSSIA - TURKISH LIRA IS CRASHING - 17% Fall in 2022 & Turkey Heading for Economic Disaster
In this video I continue to look at the continuing implications of the Russia's Invasion of Ukraine on TURKEY. TURKISH LIRA has STARTED TO CRASH Again and is down 16% since the start of 2022. It is now the 3rd WORST PERFORMING CURRENCY in the World after SRI LANKA & GHANA. INFLATION is now at 70% as a result of rising OIL and GAS Prices. This is the HIGHEST INFLATION for over 20 YEARS and FACTORY ACTIVITY is now falling which is a major concern. Based on the current rate of spending Turkey NEED A BAILOUT FAST.
Last Edit: May 19, 2022 8:20:48 GMT -5 by Victor VVV