Why Turkey's Currency Just Collapsed: The Lira Economic Crisis - TLDR News
- 🎬 Video
- ℹ️ Description
So over the last few weeks (months and years) Turkey's currency, the Lira, has collapsed in value. This is bad on its own, but combined with huge inflation and it's a recipe for disaster. So in this video we explain how Turkey found itself in this situation and what it means for President Erdogan and his theory of Erdonomics.
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