Large companies in the country are being sold, capital is completely leaving the country.

The issue is not the closure of factories; Turkey is no longer even cheap labor. Inflation has eaten into costs, and wage increase demands can no longer be met.
Why have large companies started to sell? Why are they downsizing? What exactly is happening in the country that we don't know?
This is just the part we see. In the last 6 months, dozens of factories in Turkey have quietly closed.
Even the 96-year-old textile giant İpliksan, founded in 1930, couldn't withstand it and two of its major factories were put up for sale.
The frightening part isn't in the financial statements but in the despair psychology experienced by those going bankrupt.
Bosses are selling their personal cars and homes to pay workers' wages.
As companies go bankrupt, the system directly shifts debt onto individuals.
People are trying to pay off debts by selling the last machine in the factory or the materials in the warehouse.
Some are on their way to prison over 10 million, others over 300 thousand lira.