Türkiye ended the election period drenched in uncertainty. The power is the same, the ruler is the same, but what is this uncertainty? If there is one thing that is certain, it will not go like this…
Just as people are escaping from the Turkish Lira, go to https://emagaza.darphane.gov.tr/gumus-hatira-para site… Even they scrambled before the election… Or the love of collecting was suddenly in our nation…
why the nation dollars and gold Don’t they understand you got it? Investors are looking for “confidence”. It cannot be reached with the current system. It has been a long time since it lost its rank as a predictable, robust and investable country.
dollar artificial suppression is no longer possible. Let’s go up… Actually, this is Turkish lira slide down… devalue…
We live only one crisis It’s not like it’s a work of art… You can’t create such a bad economy if you wanted to… At this point, it’s hard for even Polyanna to be optimistic about Turkey’s future.
Because the problem is not who will manage the economy or who will take the helm… If the model will not change, whoever comes will not make a difference in the economy. It is obvious that it cannot go on like this… The wall is just ahead…
What will happen next?
Otherwise, my candidate is already clear… He is a young man to be appointed as the head of the Central Bank… Experienced mashallah like Tosun… Once the CEO of Çiftlik Bank… Okay, he is in prison, but there are examples around the world… He should serve his sentence by doing public duty… What is the probability of it being worse?
The issues that economists squabble on are generally clear… Budget deficit, current account deficit, foreign currency position deficit, savings deficit…
However, examples in the world have shown us that to financial crises biggest factor causing money The supply is out of control. Open account works money is printing.
Why did inflation explode, why Türkiye for years from the crisis Do you think he did not survive? A completely misconfigured system… Again and again… Knowing that the result would bring us here again…
We’ve all experienced what happened. What will happen next?
Firstly dollar prices will be raised in a controlled manner. This process has begun.
The Currency Protected bliss is about to end… Changes will be made and what will be the invoice it has issued? Outputs result money where will it lead? You say the address is clear, but there is no such thing. money…
What we have left; A troubled banking sector, highly indebted real sector, higher interest, higher foreign currency… We are already a country whose economy cannot be trusted in the eyes of foreign investors… Do not expect portfolio inflows from there.
The wreckage will fall upon us!
It has to come in from somewhere, but… I wonder where? Is it export? In April 2023, it decreased by 17 percent compared to the same month of the previous year. If only it would decrease… In the January-April period, foreign trade deficit 43 billion 444 million dollars rose. He broke the all-time record.
Let’s consider this situation with negative reserve. Central Bank net foreign currency its reserves are officially negative for the first time in 21 years… Look, I say official because there is also the truth of it. What is the truth? It’s been four years since net reserves went negative.
In fact, if you say how much reserves we have, minus 76.2 billion dollar… Even when we give Turkish Lira in an environment where it is essential for us to import intermediate goods and raw materials during production. foreign currency If you can’t send it to the seller, things get stuck.
As a matter of fact, these are all developments that will trigger each other. The first of the dominoes has already fallen. Economic facts show that we are only at the beginning of the road. Unfortunately, we have to experience this painful process.
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