The automotive will fly, the home will crash! Flash statements from the legendary economist Selçuk Geçer!

Model new statements have been made by Selçuk Geçer, who has all the time been on the prime of the agenda together with his bold greenback forecasts. Selcuk Geçer, who lately said that the greenback will attain 30 TL in a short while, got here up with new statements concerning the economic system, housing and car costs. The assertiveness of the statements made by Geçer attracted consideration.

The Cash and Markets Knowledgeable, who criticizes the administration’s financial coverage, passes; “Our exports proceed to shrink daily. It reveals us that the international commerce deficit will improve within the coming interval, so the necessity for {dollars} will improve daily, a scarcity of {dollars} will happen and the greenback is going through a serious break.” used the phrases. After these statements, Geçer said that the poverty line in Turkey is above the minimal wage and used the next expressions;

“The scarce greenback will trigger it to go laborious each available in the market and on the display. The uptrend within the alternate price will result in a rise in inflation and unemployment. Whereas persons are getting poorer, the banking sector has began to multiply its income.”

After this assertion, Geçer said that he expects a one hundred pc motion within the greenback, and added to his phrases. “With this international commerce deficit, these short-term money owed and greenback scarcity, we will see very aggressive actions. I am not speaking about will increase. It might face a transparent break. A one hundred pc motion could come. That is inevitable.” He continued together with his statements.

Referring to the TOKİ social housing mission, Geçer said that it’s for the election and that due to TOKİ, housing costs will lower, however car costs can even improve attributable to chip crises and uncooked materials hikes.

Editor’s Observe: The above data consists fully of the opinions of the related editor and doesn’t represent funding recommendation.