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Atilla Yeşilada video commentary: Turkish economy enters stagflation |

stagflation
  [embed]https://www.youtube.com/watch?v=-bHByz5KNtQ[/embed] • A poor second quarter GDP outturn, weak summer data and rampant inflation amount to a stagflation. • Turkish economy is very likely to remain in stagflation until the second half of 2025, unless President Erdogan reneges on the current belt-tightening drive. Will he? • That depends on when next elections will take place. • Since Erdogan is a lame duck, he needs the national assembly to call early elections to win another term. • The main opposition party demands elections no later than the first quarter of 2026. Erdogan will eventually yield to this demand. • Can Turkey get out of her stagflation, if elections are just behind the horizon?   İf you liked this one, here is another video from Real Turkey Channel   [embed]https://www.youtube.com/watch?v=bPo2f5azRIY&t=962s[/embed]

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