Erdogan Buying Time and Won't Avoid Crisis, Peterson Inst.'s Kirkegaard Says

The transcript discusses Turkey's economic strategy, highlighting its nationalistic approach and potential reliance on the IMF. It compares the situation to historical financial crises, emphasizing the lack of a clear strategy and the potential for economic strain. The discussion also touches on political rhetoric and its impact on economic policies, suggesting that Turkey may face significant challenges without a coherent plan.

What does the speaker imply about the potential need for Turkey to go to the IMF?

In what ways does the speaker believe the banking system in Turkey will be affected?