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The Turkish Lira has undergone a protracted collapse under Erdogan's presidency and his recent re-election has renewed pressure on the currency. In this video, we break down this accelerated decline and explain why Erdogan's policy is now unsustainable.

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00:00 Intro
01:23 Context
02:44 Turkey's Efforts to Protect the Lira
05:26 How Erdogan's Re-election Made Things Worse
07:26 What Happens Next?

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