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Further Discussions => Economics , Sociology & Politics => Topic started by: admin on August 15, 2018, 10:37:16 AM

Title: Turkish Lira huge drop this year, Socio- economics & Political analysis
Post by: admin on August 15, 2018, 10:37:16 AM

the Turkish currency dropped by almost 50% against the dollar in the past 12 months.

https://www.theguardian.com/world/2018/aug/12/qa-why-is-the-turkish-lira-in-freefall-and-should-we-worry

what do you think ? is it a game of power ? will crypto usher a new world where things are more transparent ?

Title: Re: Turkish Lira huge drop this year, Socio- economics & Political analysis
Post by: orbit on September 21, 2018, 11:14:46 PM

There are many wrong policies implemented by the government.education system, legal system, justice system does not work well.
foreign investors do not trust the country. However FED rised the interest rate so it is normal.  I said that as a turkish