The Aftermath of Currency Collapse: Sudden Stop Syndrome

[embed]https://www.youtube.com/watch?v=zldHQXK7Ga8&t=315s[/embed]   The Aftermath of Currency Collapse: Sudden Stop Syndrome  

• President Erdogan’s mad experiment called the “New Economic Model” is expected to last 3-5 months.

 

• More measures to aid exporters are underway.

 

• Central Bank tries to stabilize the currency.

 

• It is too late.

 

• Inflation is predicted to rise by at least 5 percentage points in the next three months.

 

• Producers and wholesalers stop deliveries.

 

• Hoarding is starting.

 

• Economy to go into a tailspin by Christmas.

 

• Small-scale social unrest bodes ill for the winter months.

 

• A rising chorus of early election demands.

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