One Chart On Turkey’s Growth Dilemma
- June 25, 2014
- Self Made Trillionaire
All agents in the country excluding the government walk on eggs while making an investment decision. This is usual when the private sector influence by the added insecurities and domestic and foreign macroeconomic developments. On the other hand in a country where a housing bubble about to burst exists, this is also alarming. Therefore I keep on making some astounding and alarming points. When it is taken into account that the economy is more vulnerable now due to lowered real interest rates, the economy is caught between two fires.
Here is the story explained in one chart.