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Human evaluations are difficult, because they are all opinions.

  Human evaluations are difficult, because they are all opinions. Human evaluations are very difficult. Because they are all someone’s opinions. I found it. Human vertical and horizontal evaluations are all stood on someone’s opinions. So that there is no perfect evaluation. If some consultants bring to you perfect human resource evaluation, the consultants are liars.

Turkey

 2022/2/13.  Turkey


I read this article, and am thinking about Turkey government’s debt.


Fitch downgrades Turkish debt amid soaring inflation

https://www.ft.com/content/d6799877-7bae-4f78-b53d-8d1828a41c82


I searched some datas about Turkey’s economy.

From google,






And this site,

https://www.statista.com/statistics/277040/national-debt-in-turkey-in-relation-to-gross-domestic-product-gdp/


Turkey

GDP(b$)

Currency($)@Jan

Debt ratio(%)

2017

859

0.27

28.03

2018

778.4

0.27

30.17

2019

761.4

0.19

32.66

2020

720.1

0.17

39.77

2021


0.14

37.77?

2022?


0.072

37.92?


Currency’s value is decreased to half from 2021 to 2022.

This means GDP’s value would be half and Debt ratio would be twice.


Then I searched Turkey’s interest ratio was 14.00% at Jan 20, 2022.

https://www.aljazeera.com/economy/2022/1/20/turkeys-central-bank-hits-pause-leaves-interest-rates-unchanged


In 2022, Turkey’s GDP will be 300b$, and debt ratio will be 80% of Turkey’s GDP, and interest payment will be at least 11.2% of Turkey’s GDP.


Hummm. Turkey’s government looks to be going to the END.

I think now is the time to leave from investing to Turkey.

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