For years Turkey was one of the great economic promises. However, the last few years have been particularly hard. In 2021 alone, the Turkish Lira lost 50% of its value against the dollar.
Today the country’s economy is dominated by extremely high inflation, capital flight and supply problems. And all because of a deliberate policy: Erdoganomics. A policy that, for example, argues that lowering interest rates helps to curb inflation.
In this new video that we have made in collaboration with Value School, we tell you all the details about Erdogan’s plan that is pushing Turkey to the point of collapse.
WATCH: Has Erdogan Averted a Currency Crisis? | Real Turkey