IMF Cautious In Approach to Post-Brexit Forecast: CFR

The video discusses the economic implications of Brexit, highlighting the cautious approach of the IMF in forecasting UK and Euro area growth. It also examines Turkey's economic vulnerabilities, focusing on its current account deficit, reliance on short-term financing, and potential financial risks. The discussion emphasizes the challenges in predicting economic crises and the importance of understanding underlying vulnerabilities.

What are the potential consequences of a high level of non-performing loans in Turkey?

In what ways could a current account crisis affect Turkey's economy?