Why Turkeys Economy Faces Catastrophic Collapse

Turkey is facing a major economic and political crisis after President Recep Tayyip Erdogan won re-election in a disputed vote that will extend his rule until 2028. Erdogan has been in power for over 20 years, first as prime minister and then as president, and has transformed Turkey from a parliamentary democracy to a presidential system that gives him sweeping powers. He has also pursued unorthodox policies that have caused high inflation, currency collapse, and a cost-of-living crisis. He has cracked down on dissent, media freedom, civil society, and the judiciary, and has isolated Turkey from its allies and neighbors. In this video, we will explore why Turkey is heading for a crisis after Erdogan’s win and what it means for the region and the world. We will also look at Erdogan’s background and how he rose to power from being a banned politician to becoming Turkey’s most dominant leader since Ataturk. Watch this video to learn more about Turkey’s history, politics, and challenges under Erdogan’s rule.
Received message. Here is a possible KZbin description summarizing the video: Turkey is facing a major economic and political crisis after President Recep Tayyip Erdogan won re-election in a disputed vote that will extend his rule until 2028. Erdogan has been in power for over 20 years, first as prime minister and then as president, and has transformed Turkey from a parliamentary democracy to a presidential system that gives him sweeping powers. He has also pursued unorthodox policies that have caused high inflation, currency collapse, and a cost-of-living crisis. He has cracked down on dissent, media freedom, civil society, and the judiciary, and has isolated Turkey from its allies and neighbors. In this video, we will explore why Turkey is heading for a crisis after Erdogan's win and what it means for the region and the world. We will also look at Erdogan's background and how he rose to power from being a banned politician to becoming Turkey's most dominant leader since Ataturk. Watch this video to learn more about Turkey's history, politics, and challenges under Erdogan's rule.

[@tuulo-cw9bn]

So many false points.

[@roenin]

For 20 years now I'm hearing that Turkish economy is about to collapse. It's business as usual. Also, people who claim such nonsense don't understand what that collapse would trigger for global economy. Türkiye is not little Sri Lanka (no offense, I love Sri Lankan culture). If Türkiye goes broke, you have some serious issues on your hands on many fields. This is not the first, and definitely not the last time Turkish economy is in a tough spot, look at our hyperinflation rates in the 80s and 90s. Nothing will happen, as has been the case in the last 20 years.

[@admiral20055]

same here

[@user-so5xw2rb3c]

bro now its totally different look turkey lira it has lost 90 perecent of its value since 2008. Also turkey central bank does not have dollars anymore turkey has hyperinflation turkey import less than it exports they have huge loans that they cant pay. If endorgan does not increase interest rates turkey is fucked. If he does on the other hand turkey people are fucked

[@yildiz12321]

This is not journalism, this could only be cheap propaganda.

[@denisships2861]

Samething they said about Venezuela , Erdogan is 20 times more powerful than Chavez

[@Dude408f]

He better be, Chavez died... ten years ago!!

[@ForexRevolution]

i consider to have a clue about Turkey as their neighbor , Turkey is heading towards a disaster no matter what, something big will happen there in the upcoming years since there are some underground tectonic movement who cannot be stopped.

[@tommyjohnson9176]

I can't tell if this is AI generated or not, feels such cheap content as it's obvious inspired by Economics Explained. Still a interesting topic.

[@aksaleskikaya6953]

WEST FRANC

[@waliabro5029]

The fact that the narrator and editors insist on calling Turkiye "Turkey" is evidence of their unprofessionalism, non-neutrality, and malice. Therefore, it can be said that this video (and the "analysis" in it) is a prejudicial work of anti-Turkiye propaganda in the guise of journalism and/or analysis. Sadly, it cannot be taken seriously; and its creators have lost all credibility - at least as far as it relates to Turkiye and its president. =( EDIT: Just realised this is *NOT* made by The Diplomat magazine. It's just some random dude in Pakistan (my country) uploading random videos. Wondered why it was so bad. 😂

[@Dude408f]

Edit: Wow, you certainly whine a lot. Now, could you address some of the issues that the video presented? Is Erdogan accumulating power? Are checks and balances stronger or weaker than 10 years ago? How about frictions with Europe and getting closer with theocracies in the region? Do you like that? Why? What about buying S-300 while being the second largest military in NATO? I bet you have a lot of things to say

[@seanmerisier1811]

trump is learning from this guy, be careful what you wish for right-wing America 🇺🇸

[@niclaslindman]

Trump soon in Jail are so many Criminal Virus be facing are also so much proof against him ate Economc his Taxes was force let them out so Could be seen by prosecutor and Wow He are really Drain Taxpayers to That Now Understand why New York Coty hate him so much Cost them a lot his They pay for his life and That is His company done and so are Other one Also not Federal si can not Get a free out of jail from those crimes and Georgia That is damaging for him On Phone recordings are Not How Lose an election in try Grab Power and Give him self All Power that end up be Trump Jr Run USA if been Happens for That should Hope he go to jail for That none want not even Maga Morons 😂🤣😂🤣