Monday, October 25, 2021

What changed?

 


Todays subject is same,what changed?The answer is same.Everything is same in economy or in the planet.

Let's talk about Turkish Economy,you think 1 usd can be much more high Lira in coming soon?I think yes it is possible.Now it is equal to 10 Lira.Why?

TCMB cuts off rates from 19 to 16.Inflation is near to %20.

Others are hiking interest rates because Fed will cut off publishing QE.Recently Russia Central Bank hiked interest rates.

However Covid effects are still alive for economy or in life.People have vaccine but their salaries are not enough.Nowadays Turkish Minumum Wage salary is 290 usd in a month.Life conditions are getting harder.

When I write these sentences probably somethings are worse.According to news new patients are in China by Covid.

Some countries do not have enough ability to fight with this disease.I mean vaccines,they do not use it.In a conclusion,everyday new deaths are coming in any place of the world.Leaders are just watching.It is not a game,developed countries belive in science,they have small damages to the others.

I mentioned,many times.If your guide,your steps are science you always win.