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INFLATION in October has hit a 24 Year High of 86% due to the rising costs of GAS, OIL, FOOD & COMMODITIES caused by the UKRAINE WAR. Spiraling inflation continues to put pressure on the Turkish Economy and the TURKISH LIRA exchange rate has continued to plummet and is now around 19 to 1 US Dollar. The purchases of OIL & GAS mean that the Turkish Central Bank is running Dangerously low on Currency and is no longer able to support the Lira. Without an injection of new currency the situation looks Dire for Turkey.

For specific details please check out the CHAPTER list below.

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Chapters:
0:00 Intro
3:45 INFLATION
6:07 FOOD PRICES
8:33 TRANSPORT COSTS
10:43 PRODUCER PRICES
13:43 INTEREST RATES
15:50 LIRA
18:36 SUMMARY & CONCLUSION

#TURKEY
#UKRAINE
#RUSSIA
#OIL
#GLOBALFINANCIALCRISIS
#RUBLE
#SWIFT
#RECESSION
#CHINA
#USA
#NATO
#WW3
#WORLDWAR3