Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Turkey in Deep Trouble - Joe Blogs
In this video I discuss the current state of the Economy in Turkey. Inflation is continuing to fall but remains amongst the highest rates in the world. In addition to this interest rates are amongst the highest in the world, Turkey has a negative trade balance and the Turkish Lira has fallen rapidly over the past 12 months and is now trading at an all time low.
Chapters:
0:00 Intro
0:11 INTEREST RATES
3:59 INFLATION
7:02 FOOD INFLATION
8:40 LIRA
9:54 PRODUCER PRICES
13:26 IMPLICATIONS
15:26 SUMMARY & CONCLUSION