{"id":87967,"date":"2011-11-12T12:48:05","date_gmt":"2011-11-12T10:48:05","guid":{"rendered":"http:\/\/www.nationalturk.com\/?p=87967"},"modified":"2023-12-06T12:47:41","modified_gmt":"2023-12-06T09:47:41","slug":"krizden-kacis-yok-4159","status":"publish","type":"post","link":"https:\/\/www.nationalturk.com\/tr\/krizden-kacis-yok-4159\/","title":{"rendered":"Krizden ka\u00e7\u0131\u015f yok"},"content":{"rendered":"

\"\"<\/a>NationalTurk yorumcular\u0131m\u0131zdan Ekonomi ve Borsa uzman\u0131 \u00d6mer Demir \u2018in, bu haftaki \u201cKrizden ka\u00e7\u0131\u015f yok \u201d adl\u0131 makalesini sizlerle payla\u015f\u0131yoruz.<\/h4>\n

Krizden ka\u00e7\u0131\u015f yok: Bu s\u00f6zler 2008 y\u0131l\u0131nda Fannie Mae ve Freddie Mac gibi Mortgage kurulu\u015flar\u0131n\u0131n iflas\u0131 ile patlak verip t\u00fcm d\u00fcnyay\u0131 etkisi alt\u0131na alan global ekonomik krizi \u00f6nceden tahmin ederek \u00fcnlenen , \u0130stanbul do\u011fumlu Kriz kahini Nouriel Roubini ile milyarder yat\u0131r\u0131mc\u0131 George Soros a ait.<\/p>\n

Krizin \u00e7\u0131k\u0131\u015f sebepleri hakk\u0131nda uzla\u015famayan bu \u0130ki Ekonomist \u00f6n\u00fcm\u00fczdeki 1 y\u0131ll\u0131k dilimde yeni bir krizin gelece\u011fi konusunda hemfikirler.<\/p>\n

\u0130\u00e7 piyasa bayram tatili boyunca kapal\u0131 olsa da global piyasalarda \u00e7ok hareketli g\u00fcnler ya\u015fand\u0131. Yunanistan Ba\u015fbakan\u0131 Papandreu’nun istifa etti\u011fi, \u0130talya Ba\u015fbakan\u0131 Berlusconi’nin iktidar\u0131 b\u0131rakaca\u011f\u0131\u00a0 haberleri ile en ba\u015fta co\u015fan piyasalar, son olarak iktidar belirsizli\u011fin ve bu iki liderin\u00a0 ba\u015fkanl\u0131k koltu\u011funu b\u0131rakmak istemedi\u011fi y\u00f6n\u00fcndeki haberlerin\u00a0 d\u00f6nd\u00fc\u011f\u00fc g\u00fcnlerde sert sat\u0131\u015flarla kar\u015f\u0131la\u015ft\u0131. Sat\u0131\u015flar\u0131n zirve yapt\u0131\u011f\u0131 bayram\u0131n son g\u00fcnleri 10 y\u0131ll\u0131k \u0130talyan tahvilleri y\u00fczde 7.25 ile yeni rekor seviyeleri g\u00f6rd\u00fc.<\/p>\n

Borsalara sat\u0131\u015f\u00a0 getiren bu siyasi gelirmeler asl\u0131nda \u0131ceberg\u2019in g\u00f6r\u00fcnen y\u00fczleri ve sat\u0131\u015f bahaneleri. As\u0131l sorun AB\u2019de sevilmeyen kahramalar PIIGS\u2019lerin art\u0131k k\u0131rm\u0131z\u0131 alarm veren kamu borcu sarmal\u0131.<\/strong> Kamu bor\u00e7lar\u0131 AB\u2019de art\u0131k \u00f6yle bir noktaya geldi ki bunun akabinde muhtemel <\/strong>mali kesimin y\u00fck\u00fcml\u00fcl\u00fcklerini art\u0131k yerine getiremeyip bunun faturas\u0131n\u0131 reel kesime \u00e7\u0131karmas\u0131 ihtimalinin olmas\u0131 en k\u00f6t\u00fc senaryo.<\/p>\n

\u00c7\u00fcnk\u00fc kamu borcu, ekonomik sistemde farkl\u0131 etkiler yaratt\u0131\u011f\u0131 i\u00e7in devlet y\u00f6netimi, genel bir ekonomik politika olu\u015fturmak amac\u0131yla borcun b\u00fcy\u00fckl\u00fc\u011f\u00fcn\u00fc ve yap\u0131s\u0131yla ilgili de\u011fi\u015fiklikler yapmak zorundad\u0131r.<\/p>\n

\"\"<\/p>\n

Kamu borcunun ekonomi politikas\u0131n\u0131 olu\u015fturan maliye ve para politikalar\u0131 anahtar kilit rol\u00fcnden dolay\u0131 h\u0131zl\u0131 ve sistematik karar verme mekanizmas\u0131 sayesinde \u00fclkeler i\u00e7in art\u0131k hayat kurtar\u0131r d\u00fczeydedir. Bunun en g\u00fczel \u00f6rne\u011fini ya\u015fayan \u00fclkerden biridir T\u00fcrkiye. Daha h\u0131zl\u0131 ve b\u00fcrokratik engelleri k\u0131sa vadede a\u015fmas\u0131 krizin ilk etkilerinin bertaraf edilmesinde\u00a0 \u00f6nemli bir rol \u00fcstlenmi\u015ftir.<\/p>\n

AB\u2019nin bu manada yapt\u0131\u011f\u0131 \u00f6l\u00fcmc\u00fcl hatalardan biridir karar verme mekanizmas\u0131n\u0131n a\u011f\u0131r i\u015flemesi ile ve lokal davranamama sorunu. Euro B\u00f6lgesi\u2019de ki 17 \u00fclkenin hastal\u0131kl\u0131 olanlar\u0131n\u0131n re\u00e7eteleri, t\u00fcm \u00fclkelere uygulan\u0131nca malum olarak hastal\u0131\u011f\u0131 farkl\u0131 olanlara yan etki yap\u0131yor.<\/p>\n

Kimisinin sorunu bor\u00e7 \u00e7evirme iken ,kimi \u00fclkelerde ki temel sorun kap\u0131lar\u0131n\u0131 \u00e7almak \u00fczere olan\u00a0 ekonomik durgunluk ile m\u00fccadele etmek oluyor. Birde AB\u2019nin lordlar kamaras\u0131 var ki onlar sadece bula\u015fma riskinin bu derece riskli oldu\u011fu bu durumlarda\u00a0 korunma yollar\u0131n\u0131 arama pe\u015finde ol\u0131uyor. Bir de son se\u00e7imler ,se\u00e7meni memnun etme yar\u0131\u015f\u0131na d\u00f6n\u00fc\u015f\u00fcnce durum daha bir vahim hal al\u0131yor.<\/p>\n

Orta vadede AB \u00fcyelerinin \u2018\u2019Ortak bir maliye politikas\u0131\u2019\u2019 \u00e7er\u00e7evesinde mutabakata varmas\u0131ndan ba\u015fka bir yol g\u00f6r\u00fcnm\u00fcyor. Tabi bu maliye politikas\u0131n\u0131n entegrasyonunu ger\u00e7ekle\u015ftirirken control mekanizmas\u0131n\u0131nda aktif olarak \u00e7al\u0131\u015fmas\u0131 olmazsa olmazlardan .<\/p>\n

\u015eimdi \u00a0piyasalar \u0130talya\u2019dan sonraki en zay\u0131f halkan\u0131n Fransa olaca\u011f\u0131na dair kartlar\u0131 a\u00e7arken ,Avrupa Merkez Bankas\u0131n\u0131n \u00f6n\u00fcnde iki se\u00e7enek kal\u0131yor ya yeni bir para politikas\u0131 ile Avrupa inad\u0131n\u0131 k\u0131racak yada sorunlu \u00fclkelerin ipi birer birer \u00e7ekilecek.<\/p>\n

S\u00fcrekli bor\u00e7lanmay\u0131 \u00f6ng\u00f6ren modern teori d\u00fcnyay\u0131 kana bo\u011fmu\u015f, \u00fczerinde ya\u015fayanlar\u0131 durmadan artan bir y\u00fckle ezmi\u015ftir-Thomas Jefferson-Eski ABD Ba\u015fkan\u0131<\/strong><\/p>\n

\u00d6mer DEM\u0130R<\/strong><\/p>\n\n","protected":false},"excerpt":{"rendered":"

NationalTurk yorumcular\u0131m\u0131zdan Ekonomi ve Borsa uzman\u0131 \u00d6mer Demir \u2018in, bu haftaki \u201cKrizden ka\u00e7\u0131\u015f yok \u201d adl\u0131 makalesini sizlerle payla\u015f\u0131yoruz.<\/p>\n","protected":false},"author":9192212,"featured_media":186855,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[6199],"tags":[15067,81584,81585,84982,6098,66223,84986],"class_list":["post-87967","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ekonomi","tag-berlusconi","tag-fannie-mae","tag-freddie-mac","tag-george-soros","tag-kriz","tag-piigs","tag-thomas-jefferson"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.nationalturk.com\/tr\/wp-json\/wp\/v2\/posts\/87967","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nationalturk.com\/tr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nationalturk.com\/tr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nationalturk.com\/tr\/wp-json\/wp\/v2\/users\/9192212"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nationalturk.com\/tr\/wp-json\/wp\/v2\/comments?post=87967"}],"version-history":[{"count":0,"href":"https:\/\/www.nationalturk.com\/tr\/wp-json\/wp\/v2\/posts\/87967\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.nationalturk.com\/tr\/wp-json\/wp\/v2\/media\/186855"}],"wp:attachment":[{"href":"https:\/\/www.nationalturk.com\/tr\/wp-json\/wp\/v2\/media?parent=87967"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nationalturk.com\/tr\/wp-json\/wp\/v2\/categories?post=87967"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nationalturk.com\/tr\/wp-json\/wp\/v2\/tags?post=87967"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}