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$1 DOLLAR is GOLD in the Economic Crisis! - LIFE IN TURKEY
I'm in Turkey to see the recent extreme inflation and I'm closely examining the situation. Let's try to find an answer together to the question of whether Turkey will become as bad as Venezuela.
According to the current exchange rate, 1 dollar is equivalent to 27,08₺. (17.08.2023 - 0:00 AM)
This video's research is based on December 2022 and January 2023. Currently, the minimum wage has changed from 5500₺ to 8500₺ and then 11402₺. However, despite Turkey's economy stabilizing and progressing, prices are continuing to rise and people are struggling with this situation.
By the way, Turkey recently changed its name to Türkiye.
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Türkiye is the 6th most visited country in the world: https://en.wikipedia.org/wiki/World_Tourism_rankings
Türkiye is the 112th unhappiest country in the world among 146 countries in 2022: https://worldhappiness.report/ed/2022/happiness-benevolence-and-trust-during-covid-19-and-beyond/
Türkiye the second angriest country in the world: https://news.gallup.com/interactives/248240/global-emotions.aspx
Real estate analysis: https://secure.sahibinden.com/emlak360/emlak-endeksi/konut/kiralik/istanbul
Türkiye is the most expensive country to own a car in the world: https://www.scrapcarcomparison.co.uk/blog/cheapest-country-to-own-a-car/
The rate of those who earn around the minimum wage in Türkiye: https://www.bbc.com/turkce/haberler-turkiye-59226807
Türkiye ranks 8th in textile imports and exports: https://uib.org.tr/tr/kbfile/turkiye_tekstil_sektoru_ve_bursa_ocak_2020
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