Real Turkey Channel:  How Erdogan Killed the Turkish Eeconomy in 10 Days?

[embed]https://www.youtube.com/watch?v=frQpiSCNs80&t=328s[/embed]     How Erdogan killed the Turkish economy in 10 days?  

• Between Monday and Wednesday, TL lost 10-15% vs the American dollar...

 

• TL bond yields, CDS prices, Eurobond yields all soared.

 

• Treasury had difficulty borrowing at home.

 

• There is widespread concern that Turkey may be downgraded soon.

 

• The economy will collapse under higher interest rates, slumping currency and complete lack of confidence in Erdogan administration.

 

• How did he pull off this mircale?

 

• WHY did he do it?

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