RUSSIA - TURKEY in DEEP TROUBLE - Lira now WORST Performing Currency & Inflation is Out Of Contr

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Turkey is in Deep Trouble as it is a NET IMPORTER of GAS, OIL, FOOD & COMMODITIES and the rise in Prices caused by the UKRAINE WAR has added to the Price & Currency Pressures. The TURKISH LIRA is now the WORST Preforming Currency and with an exchange rate of around 18 to 1 US Dollar purchases of OIL & GAS mean that the Turkish Central Bank is running Dangerously low on Currency. To make matters worse the Central Bank has been following a policy of Reducing Interest Rates at a time of High Inflation. In this video I look at what has been happening over the last 12 months for Interest Rates, Inflation, Without an injection of new currency the situation looks Dire for Turkey.

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Chapters:
0:00 Intro
2:05 INTEREST RATES
3:44 INFLATION
6:14 LIRA
8:53 FOOD PRICES
12:32 OIL PRICES
14:58 TRADE DEFICIT
16:59 CREDIT DEFAULT SWAP
18:47 SUMMARY & CONCLUSION

#TURKEY
#UKRAINE
#RUSSIA
#OIL
#GLOBALFINANCIALCRISIS
#RUBLE
#SWIFT
#RECESSION
#CHINA
#USA
#NATO
#WW3
#WORLDWAR3