I am not an economist, can someone help me to understand why Turkish economy collapsed due to the cough by Mad Trump on sanction. Do you mean that all world economy depend on America?
huh? rink?
Lira fell in value due to investors concerned with the future economical outlook. Also tarrifs imply US metal importers will seek alternatives other than Turkey. Thus those who had money there fleeing caused further concern.
Sanctions and an artificial (one sided) trade war…
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