Nedim Odabaş: "Where do we stand in the economic crisis?"

Nedim Odabaş: "Where do we stand in the economic crisis?"
Date: 16.5.2019 17:00

Milli Gazete columnist Nedim Odabaş writes on Turkey's economy. Here is the full article.

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No matter what everyone says, the government notables of how "Inflation bearish, core inflation falls, we see fire in the bazaar and we take measures" as the large pouch from reviews, Turkey is going through difficult and troubled times.
 
On the one hand, the wind blows through virtual agendas, on the other hand, the tears that the people at work-love and bread have hidden in their hearts. We are experiencing an economic crisis. We're paddling over the troubles, not the details on agendas.
 
The ruling and opposition parties did not renew or renew the Istanbul elections for about a month. Turkey's energy wasted during this process.
 
However, the real agenda should be the economy, as the President has said in his statement, "To cool the hot iron." Burning bazaar market needs to be boğ SMEs struggling with troubles, internal and external debts need to be.
 
The economy is of course the science of numbers macro and micro figures are made inferences and decisions are made accordingly. But the micro-macro figures figures in Turkey, unfortunately, to the detriment of developing nations, finding 15 percent unemployment, it is navigating in the 20s percent inflation figures. We believe that the official figures have at least 25 percent unemployment. Especially, the youth unemployment rate is around 40 percent.
 
Government officials, with the numbers they play on paper to show the roses of the roses, to draw powder pink tables, with the virtual economy tables to keep the nation sleep. We insist that this is not a good sign, that a stagnation is worse than that of the 2001 crisis and that the trades are on the ground.
 
The economy is a science of numbers but the main column that forms the table of these figures is trust. Perceptions of the market. It is the people's shopping culture. It is the air that the nation smells from the market, From the moment this air gets a bad smell in the air, the council of ministers cannot fix the perceptions even if everything is so beautiful on television.
 
This is the image: if there is a contraction in the markets, the psychological perception with the multiplier effect is three times worse.
 
The economy is the science of numbers, but its psychological perception is far above the figures. In the 2001 crisis, the event that exceeded the confidence perception and confidence threshold of the markets had been the cash register of a tradesman, Bülent Ecevit. This incident led to an increase in the number of overnight trades, the sinking of the markets and the exhaustion of tradesmen.
 
We have to express: It is worse than the wind triggered by the global markets, it is experienced in the domestic market. For a long time, this deep-wave, out of the cold and horny media, the few minds of the media, such as the danger of those who come to realize the danger coming to us. But lying on his ear, a weekly public opinion of the mouth by giving an internal agenda gum that those who think that you manage the country, the ocean will not run out, the land was not supposed to appear. 
 
Unfortunately, the media is putting into the real agenda of creating a virtual agenda in Turkey. The problem of the media is not to bring the facts to the agenda, but the fire in the wallet of the nation's marketplace.
 
The taste of the politics has deteriorated, the taste of politics has deteriorated, the taste of democracy has deteriorated...

YEREL HABERLER

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