Analysis of Turkey's Economy
There is a rapid collapse in industrial production.
The decline in retail sales is accelerating.
Current account deficit is falling
Unemployment is rising rapidly.
The expectations for the future are also rising.
The Result :
In Turkey the possibility of high inflation and high unemployment and economic decline, which will replace the current account deficit, budget deficit will be accompanied by the drift depressed economy is quite high.
Although there has been a softening tendency in the trade war between China and China, the Chinese economy has experienced significant acceleration, the Brexit problem between Britain and the European Union, the social tensions in France, the negative expectations of the political and economic problems in Italy, Japan The economic turmoil in Argentina and Venezuela in South America has brought the global system into a recession in anticipation of recession.
The continuing deterioration of expectations in Turkey in an environment where the expectations deteriorated further expanding the global system problem.
