In the simplest terms, Turkey’s serious in foreign currency needs. If he doesn’t come, he can manage for a while, then the payments become unbalanced. Well? A balance of payments crisis develops.
Alright foreign currency does it come to the country somehow? The answer to this question is getting more and more negative every day. Arriving from embargoed Russia, whose relationship status is “war” moneys trying to save the day.
How is it going to be? How money will it be found?
If a foreign country fund comes out and says that they love Turkey very much and that they will invest no matter what… That job is not that easy… What do you think will happen if credit ratings, inflation, macro indicators etc.
FAFT! of black money Financial Working Group on Anti-Money Laundering… It was established in 1989. It has become an institution that is taken very seriously.
This institution warned Turkey in 2019, in 2021 black money There are countries that “do not do enough” to fight money laundering and terrorist financing. “grey list”took it.
Banking, gold and gems trading, real estate Supervision of high-risk sectors such as And, as of yesterday, we have killed Turkey for its insufficient efforts. “grey list” left.
There is no investment left to escape, is there a future?
His explanation was also nice… People entering and leaving Turkey source of money It is still not clear… My good brother, what is going on in this country? moneys We don’t know where it turns! Are they going to go and explain it to you?
It was already clear… In the 2022 International Narcotics Strategy Report submitted by the US Department of State to the Congress, Turkey is defined as a “transit country in international drug trafficking, black money described it as a traffic hub. At least if Turkey doesn’t slip from one of the lists to the black one…
The interesting part was not even on the agenda. As a matter of fact, there are no foreign investors left to flee the country. The main problem here is that there is no future…
Here’s one more reason…
Well, what difference will it make, the white or gray of the list? Much! IMF researched, wrote, drew, reported… When you are put in the gray of the lists, foreign resource and foreign capital inflows decrease. What this means for Turkey 20-25 billion dollars is lost.
Turkey even if they want to come briefly black money in the gray list in the laundering category… They don’t want to pollute the color of money Just because we will earn three or five cents more… They cannot explain this to the fund’s customers…
As a matter of fact, the European Union Commission, by showing this decision as a precedent, black money can be included in the list. Then keep struggling to sell goods for three cents…
Whatever money you have, come again!
However, the state of the country’s economy is so critical… money it doesn’t matter. As long as it comes… Just money neither… Gold, silver, diamond, emerald, mother-of-pearl, ruby… Whatever is worth…
green green dollars happens, colorful euros It happens, with a queen picture, with slanted eyes… A suitcase full Russian Ruble Passenger to the Grand Bazaar… All are accepted, including checks and promissory notes. The swap is entered. It doesn’t matter black, gray or even petrol blue. Crypto If it is, it will not be eaten. Turkey does not forgive!
The country lacks resources and needs to be repaid or converted. billions of dollars there is financial pressure created by debt… to the money The difficulty he has experienced due to the need he needs is obvious… What no one has mentioned is why when the safe is empty, why we seek salvation on the dark side of power…
They say you are on the gray list, we don’t even object. Besides, we do not know exactly how to calculate the cost of lost prestige, reputation and trust!
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