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Following a recent bombing in Istanbul Turkey has launched AIRSTRIKES in Syria against Kurdish forces. The USA is an Ally of the Kurds and has asked Turkey to cease all military action. Russia, who supports the existing ruling party, has also asked Turkey to stop increasing the risk of political tension. This comes at at time when INFLATION rose in October to 86% and is now at the highest level since for 24 Years. The rise in GAS, OIL & COMMODITY Prices caused by the UKRAINE WAR continues to put pressure on Turkey and the TURKISH LIRA exchange rate has continued to Plummet and is now above 18 to 1 US Dollar. The Turkish Central Bank is running Dangerously low on Currency and is no longer able to support the Lira.
For specific details please check out the CHAPTER list below.
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Chapters:
0:00 Intro
3:51 INFLATION
8:23 BALANCE OF TRADE
9:36 MANUFACTURING
11:34 CURRENCY SWAPS
13:20 SYRIA
18:12 SYRIAN FACTIONS
20:16 ISTANBUL BOMBING
22:03 MILITARY ATTACKS
24:20 SUMMARY & CONCLUSION
#turkey
#ukraine
#russia
#greece
#OIL
#GLOBALFINANCIALCRISIS
#RUBLE
#SWIFT
#RECESSION
#CHINA
#USA
#NATO
#WW3
#WORLDWAR3…(read more)
HOW TO: Hedge Against Inflation
REVEALED: Best Investment During Inflation
HOW TO INVEST IN GOLD: Gold IRA Investing
HOW TO INVEST IN SILVER: Silver IRA Investing
I see a future without the moron Erdogan in power! Hopefully SOON! Terrorists?? Who is spreading terror at the moment, the Kurds or the Turks!! A look at Turkey's history will show the real "Terrorists"! Supporting ISIS comes to mind….
kurdistan was delibrately divided to strip them of power
Going after Syria was to force an Arab pipeline through Syria to bring oil through Syria to Europe to weaken demand for Russia energy. The reason Russia helps Syria and the reason we don't. No energy angle…we stay home
" ISIS was behind 9/11" ha ha ha ha ha Tell us another one Joe.
Your graph is so misleading. 21% is a quarter of 86%. So why do you show it so bloody tiny? You cut off the bottom.
The biden administration stopping the drilling for oil is the main driver for higher oil prices and the money that Russia has for doing the war .
world war lll
get to the fkn point guy dang
ISIS was NOT behind 911, stick to economics you do that well, but history isn't your thing. I'm a historian so I know teaching is an art…
War, war, war…thats what you get with the war party in charge…
All the western colonial power will be kicked out of the middle East.If turkiye controls Syria isn't it ?
War is dumb.
The Turks want to "clean out" the Kurds and now is a good time to do it. The US is led by an imbecile and Russia is collapsing before our eyes and will not be militarily significant. Good time for "the Assyrian" to show up on the world stage?
The WEST is killing itself financially how about doing your analysis on Von der Lying
Hi Joe, so you were wrong on Russia and China now you think we believe your Turkey view?
Erdogan is doing it to take attention away from their severe inflation. The dumbass actually lowered interest rates too, which is the exact thing you DON’T want to do. He’s a terrible leader.
Thanks!
Why not the leader of the free world has been compromised by the enemy. Taiwan is next
That terrorist attack in Istanbul sounds alot like a false flag.
All four countries should give up some land to recreate Kurdistan. After all, it's just a bunch of barren brown dirt thanks to human occupation and consumption for several thousand years.
Very well explained .another european ..eastern military nightmare brewing
Is it that time of the year again where Turkey randomly attacks the Kurdistan area to kill rebels that supposedly threaten great big Turkey? Yawn … You all know nothing will happen. Biden will whine and cry about US personnel in the area and then tell them to back out be safe and do nothing. Russia seems to be a little busy right now. And Turkey uses the ground forces more as sighters for aircrats and loot and pillage and burn any areas they enter. They do not like fighting (dead bodies on the news don't you know). So they'll flop around in the area for a bit, lots of explosions, then head home declare victory for now again and head off to play with some other silly thing. What has it been 15 years of this pattern? 20? Even when Syria was in the civil war they did nothing up in the north. They lack the balls to really invade the area to wipe out the rebels.
Isis were "behind the 911 attacks in USA", are you sure Joe, really, really sure, Isis managed to put controlled demolition devices into "world trade towers 1, 2 and wtc number 7. You really sure Joe ?
Lol! What a world we live in! Sad this is, it's not so wonderful!
It was a giant mistake letting Turkey into NATO. We should just let all Muslim-dominant countries do whatever they want and have the US bomb all their countries every decade when they get out of hand. Its worked so far… Why deviate from the plan?
These are all ploys for the uber rich to trade currency with insider information. Drive a currency low, load up at the bottom and ride the country's recovery.
True delusion
To Joe: 911 was an inside job. Or, the laws of physics were violated. However, there is significantly more to the story.
Thank you Joe! Thanks to your clear explanations I now find myself able to understand the powerful economic influences on world events! Thank you! Much Luvz for all. ❤
The real war crimes come from people spread shet on Media
Turkey fight terrorists in Syria,and support Assad,hall rubbish doesn't count,it's the fact count
Why Russia support the puppets,? turkey say!we are not belongs to the puff club,
I don’t believe the increase in prices in Turkey for the inflation. As someone that knows people in finance in Turkey. It is the president and his son and other influences and terrible bad decisions in the central bank from 2020 onwards that has created the inflation surge. The markets just then compounded the dramatic rise
Given Turkey's precarious economic situation, I'm surprised they feel that they can afford to do an invasion.