Join the Joe Blogs Private Community, take part in Livestreams, Receive Exclusive Content & Support The Channel by clicking here: https://www.patreon.com/joeblogsYT

Fitch has just released its latest Report on Turkey and has downgraded the Rating to JUNK BOND STATUS. The Official Rating is now just one level above DEFAULT and Fitch have stated that the Outlook is NEGATIVE. In this video I provide full details of Fitch's review and discuss the IMPLICATIONS of this downgrade for Turkey.

For more details check out the list of Chapters below.

Thanks for watching and please LIKE and SUBSCRIBE.

If you like this video and are would like to buy me a coffee please click the link below. THANK YOU it is very much appreciated.

https://www.buymeacoffee.com/JoeBABL

Chapters:
0:00 Intro
1:27 RATING AGENCIES
7:29 FITCH
11:43 TURKEY RATING REPORT
18:09 SUMMARY & CONCLUSION

#Turkey
#Turkey Crisis
#FITCH
#DOLLARIZATION
#Lira
#SEDEFKABAS
#TRADEDEFICIT
#REDENOMINATION
#Inflation
#Evergrande
#Global Financial Crisis