FX_IDC:USDTRY   U.S. Dollar / Turkish Lira
THIS IS EXACTLY WHAT HYPERINFLATIONS LOOK LIKE!
CAPITAL CONTROLS, RESERVE SELLING, MONETARY TIGHTENING ALL FAIL!
WITHIN 6 MONTHS-1 YEAR YOU WILL SEE A MASSIVE ECONOMIC CRISIS IN TURKEY!

THIS SHOULD SERVE AS A WARNING TO ALL OF YOU WHO BELIEVE INTEREST RATES WILL REMAIN LOW IN WESTERN COUNTRIES FOR A LONG TIME!
WHEN THEY RISE, IT WILL BE AT AN EXPONENTIAL PACE!

Comments

Turkey is bankrupt!!! Going to be worse then Venezuela and Zimbabwe!!!!!!!
+1 Reply
SilverSerfer22 Efthimios1
@Efthimios1, I am not sure about that, you might be right, it depends on any military action in neighbouring regions!

That would be a factor that both cases you mentioned did not suffer from!
Reply
🙏
+1 Reply
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