RUSSIA - TURKEY Considers DEATH PENALTY as INFLATION Hits 24 Year High of 79% & Producer Prices 138%
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INFLATION has now hit a 24 YEAR HIGH of 79% in Turkey putting more pressure on the LIRA and the Economy. Producer Prices are now running at more that 135% Inflation meaning there is further inflation ahead. President Erdogan is facing an ELECTION in June 2023 and has announced that he is considering re-introducing the DEATH PENALTY as a result of a recent FOREST FIRE. In this video I provide more details on these stories along with details of a proposed INFLATION LINKED BOND and my summary as to what is likely to happen in Turkey.
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Chapters:
0:00 Intro
1:51 INFLATION
3:16 IMPORT COSTS
4:07 TRANSPORT COSTS
5:31 PRODUCER PRICES
7:43 TURKISH LIRA
9:08 INFLATION BONDS
14:08 DEATH PENALTY
16:06 SUMMARY & CONCLUSION
#turkey
#ukraine
#inflation
#deathpenalty
#russia
#oil
#globalfinancialcrisis
#ruble
#swift
#recession
#CHINA
#USA
#NATO
#WW3
#WORLDWAR3
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