Despite our agreement on many things, we differ here. There is no assurance that what you claim will happen. We will see.
Recent trend weakening in Turkish Lira above our 5.50 $/TRY fair value reflects markets waking up to the large Q1 credit expansion that raised external risk via a wider current account deficit. In Q2 the credit expansion will almost mechanically fall back, stabilizing the Lira.pic.twitter.com/rnLVWTgGaa
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emin misin oç satalım mı ya
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How about rising oil prices? Since it does widen Turkey’s account deficit
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Unless they start printing TRY. Looking at their modus operandi and how much they pressure the banks to lend, I wouldn’t be surprised if they do.
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Mechanically..)))..
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#Money/Credit is not mechanics, it’s rather#quatum https://aeon.co/essays/has-the-time-come-for-a-quantum-revolution-in-economics … by@d_orrell - End of conversation
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Over 5,00 is political value. S400, pkk.. etc
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U're dreaming.
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What you write is correct only on the books but not in reality. 1- We have huge budget deficit and 70% tax is collected via consumption. Govt will need to relax monetary policy, which increases imports. 2- W Unemployment rate
@14%, the govt needs to increase spending. Both $TL
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