xxxKULxxx
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Special thanks to Kobe Bryant and Messi.
Imagine, this could be Türk Telekom, if it wasn't so foolishly sold to international companies at a low price
Yep, this is our weak point, its good that it is decreasing, we still need to decrease the deficit even more considering the fact that we have the second biggest trade deficit in the world.
I saw some article long time ago that stated that even with the nuclear reactors, Turkey would still have trade deficits, but of course in a way lesser degree. I wish Turkey would follow SK's strategy and become a big player in electronics and technologies too.Yep, this is our weak point, its good that it is decreasing, we still need to decrease the deficit even more considering the fact that we have the second biggest trade deficit in the world.
We urgently need the nuclear reactors so we are less dependent on foreign ressources, i think oil and gas imports have a huge part on our deficit.
There are only two nuclear plants with a couple reactors planned, this is nothing, compare it with Germany a 80 million country, they have 50 nuclear rectors and they are still dependent on Russian gas, so you can figure it out by yourself why a couple reactors arent enough.I saw some article long time ago that stated that even with the nuclear reactors, Turkey would still have trade deficits, but of course in a way lesser degree. I wish Turkey would follow SK's strategy and become a big player in electronics and technologies too.
Yeah but the bubble will burst one day if you let it go.The problem here is that although decreasing deficit is good for stability, it's very bad for economic growth.
This has to be balanced out by the increasing exports, otherwise the economic growth will slowdown or even turn negative.
An interesting point, it is a fact that many innovations, espacially in electronics are made in military industry, i think its safe do say that military engineering is 10 years ahead of the civil market.So as @usernameless pointed out we should complete our industry revolution and our private companies should make an attack in civil technologies and civil industry and by this way our experienced engineers(in defence industry) will take place in civil industry...
Im not an economic expert, but if im not mistaken, for example SK has a very positive trade surplus, yet they also have a good growth. Am i overlooking some factor? Could you explain how you came to this conclusion bro?The problem here is that although decreasing deficit is good for stability, it's very bad for economic growth.