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Quake, Erdogan Push Turkish Economy to the Brink of Disaster | Real Turkey

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Quake, Erdogan Push Turkish Economy to the Brink of Disaster:     [embed]https://www.youtube.com/watch?v=ZUbOIkV-7r4[/embed] - The true death toll from the quakes may have reached 100K, while damage estimates range from $60-100 bn.   - Erdogan is responsible for compounding the cost of the disaster. He committed four cardinal sins.   - Quake and Erdogan’s irrational economic ideas have pushed the Turkish economy to the brink of the disaster.   - Specifically, Turkey is going to witness unsustainable external deficits and run-away inflation.   - Erdogan is now coming a fifth mortal sin by rushing into a massive rebuilding drive.   - Central Bank is rapidly losing FX reserves, meaning a currency crisis or capital controls may be underway.    

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