Alaattin Aktaş said that the burden of the request is not limited to the Treasury. “The date of the elections will determine when the KKM will be terminated,” Aktaş said. therefore the bomb will explode on this date. So who will this explosion affect or who will be charged? Although we can guess the answer, it is useful to look at what happened at the end of DÇM implementation half a century ago. »

The burden of demand for protected currency deposit on the fetus, as well as on the treasury, is increasing day by day. Despite the backlash from the opposition, the government is determined to continue the practice. However, experts point out that the consequences of the establishment will be very heavy, and that after the end of the system, those who join the KKM will turn to foreign currencies.

Drawing attention to the day the KKM will come to an end or be terminated, newspaper columnist Dünya Alaattin Aktaş said that the KKM bomb will explode in June 2023 in his article titled “Who will be in charge of the KKM, look at the DÇM who seeks answer”.

In the Aktaş article “The date of the elections will determine when the KKM will be terminated. If the choice is made at the time of the election, the implementation will continue until at least June 2023 and, therefore, the weighted deadline will be September 2023; therefore the bomb will explode on this date. So who will this explosion affect or who will be charged? While guessing the answer, it is useful to look at what happened at the end of the implementation of the DÇM half a century ago, and to read the DÇM from the writings of the former sub- Deputy Secretary of the Treasury Özyıldız, one of the most competent names”, and continued as follows:

“ORIGINAL CARGO WILL NOT BE VISIBLE DUE TO TREASURE CARGO”

If you think: “The situation is clear, if KKM has a charge, it is covered by the budget”, do not rush! I wish KKM’s load was limited like this…

The load on the KKM budget will not even count as well as the load that will occur at the end of the application (which will surely end one day). However, the day will come when a burden will be imposed on the economy, which will have far greater and more disastrous consequences.

This day that will come, that is, the day of the disaster, is the day that will expire after the end of the implementation. The application will normally end by the end of this year and the disaster will occur in March 2023, as the weighted maturity is three months. However, if the election is to take place at the time of the election, the duration of the KKM application will be permanently extended and the expiration date will be ensured until after the election.

“KKM IS THE BOM WE HOLD FOR NOW, BUT SOMEONE WILL TOUCH THE PIN ONE DAY”

No other choice! Approaching 1.1 trillion on July 8 and gradually rising, the KKM will most likely reach 1.8 trillion by the end of the year. With an increase in this rate, a size of 3 trillion will be reached by the middle of 2023. KKM is the bomb we hold in our hands for now, but one day someone will pull the pin. If the pin is pulled in the middle of 2023, the explosion will look like September of next year. If the application is extended until the middle of 2023 and the KKM balance reaches 3 trillion dollars, you can calculate what will happen!

“WE WILL PAY THE BILL TOGETHER, NOT JUST THE TREASURY”

When KKM first came on the agenda, it was said to be similar to the Convertible Deposit Practice (CDR) years ago. What exactly was the DÇM application, why was it started, how did it grow, and most importantly, how did it end and who was to undertake it if it cost. Most of us know the name DÇM, but we have no idea what it is; No, because DÇM is an application that was born half a century ago.

While researching this topic, I found the most reliable source I could find. I came across an article written by former Deputy Undersecretary of Treasury Hakan Özyıldız on his blog. I found the answers to all my questions in the article written by Özyıldız on May 1, 2017.

I already saw what would happen in KKM and I talked about it yesterday, but when I read Özyıldız’s article about DÇM, I was sure that this KKM load would create a much bigger problem than DÇM. Moreover, during the DÇM period, a strict exchange rate regime was applied and the burden was left to the Treasury; The citizen did not pay a bill directly, but now that is no longer the case and we will share the burden and pay the bill together.

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