Turkey Crisis Could Be a Catalyst for Contagion, Eurasia Group's Wallace Says

The video discusses Turkey's economic challenges and political tensions with the US, focusing on the lira's weakness and high short-term debt. It explores the impact of US sanctions on Turkey, potential geopolitical shifts, and the broader implications for global trade, particularly with China. The discussion also covers the US economic outlook, potential recession, and the importance of global interconnectedness in economic policies.

What are the long-term economic challenges facing Turkey?

How does the relationship between Turkey and China impact US foreign policy?

What factors contribute to the interconnectedness of global economies as discussed in the text?