Gallo: Seeing Slow End of Democracy in Turkey

The video discusses Turkey's proposed constitutional changes that could allow President Erdogan to remain in power until 2029, raising concerns about the end of democracy. It highlights the concentration of power and its impact on investors. The economic implications for Turkey are also examined, noting its past status as a stable market and current challenges like currency depreciation and rising oil prices.

In what way is Turkey's current economic situation compared to its past status among emerging markets?

What factors are contributing to the cautious outlook on Turkey's economy?