Rebirth of the Financial Overlord - v6 Chapter 127

The World Human Rights Organization, World Women’s Boxing Organization, Christianity, Humanitarian Aid Organization, World Child Protection Organization, etc., all criticized and criticized the problems in Turkey in the major media.

Many investment institutions and even the central bank of the world have also publicly criticized the Turkish Central Bank’s inaction.

An analyst at Commerzbank said: Over the years, Turkey has invested a lot of money in the military, which has led to the deterioration of foreign exchange reserves. It is this trend that has made Turkey powerless against the collapse of the lira.

The overwhelming international public opinion, like unmatched waves, has pushed Turkey to the forefront.

Following this, Turkish Finance Minister Kadir Emin Lynn made a public speech: “For me, the exchange rate is not important at all.”

When asked about his views on the continued depreciation of the lira to become waste paper, the finance minister told reporters.

Before Kadir Emin Lynn made the above remarks, he announced the 1993-1996 new economic package with the theme of “new stability, new normal and new economy”.

The minister said that the Turkish economy is expected to grow by 0.3% this year, 5.8% in 2021, and hovering around 5% in 2022 and 2023.

“In order to achieve this growth target, we will continue to focus on exports, value-added production, and expand employment.”

According to the plan, Turkey’s unemployment rate is expected to reach 13.8% this year, and next year it will drop slightly to 12.9%. By 1996, the unemployment rate will further drop to 10.9%.

Once the news is announced.

Turkey’s largest newspaper, Click News, published an article, strongly condemning the government’s inaction on the exchange rate and corruption, and said that the unemployment rate calculated by the Minister of Finance is absurd and ridiculous.

The newspaper believes that this statistical data with an unemployment rate of 13.8% does not include women at all. If 15 million adult women are included, the unemployment rate is at least 38% or even 48%.

The government’s indifference to the exchange rate has also caused large-scale public dissatisfaction and anger.

In the two major cities of Istanbul and Ankara, tens of thousands of people took to the streets spontaneously, holding aloft the banner of the Minister of Finance to roll down, and launched an impact on government departments.

Although the explosion-proof police maintained order, at least hundreds of people were injured and killed in the impact.

“Lynn, you idiot. Even if you think so in your heart, you can’t say it. Do you know what kind of trouble this will cause us?”

“You pig head.”

In the forest nature reserve, President Reminda Yidal Erguiluan angrily threw a glass worth two hundred pounds to the ground.

He stared at him, eager to eat Kadir Emin Lynn.

The public can fool around. How outsiders fool around, international public opinion is all over his head. News from various countries are accusing him of inaction. The feeling of pressure and being abused is really too bad.

Well, the World Central Bank publicly stated that there has never been a country that does not care about the exchange rate issue like Turkey. It is precisely because of the Turkish Central Bank’s indifference to the lira market that the Turkish inflation rate has risen rapidly, and there has been a human tragedy of the sale of wives and daughters. .

In short, what the World Bank means is that there is no country in the world like Turkey that is so rascal who does not care about the lives of the people.

For this reason, even the United Nations human rights organization has criticized the Turkish government’s actions and asked Turkey to resolve the current problems as soon as possible.

But the money will not fall from the sky, and the southeast battlefield is burning money every day. Where does the government go to stabilize the exchange rate of the US dollar and solve the current troubles.

Let President Reminder Edal Erjiluan curse, and Kadir Emin Lynn seems to have not heard him, and wait until the president who has become a regular member has finished cursing, Kadir Emin. Lynn said: “I apologize for my temporary anger, and hope that resignation can make up for the mistakes I made.”

resignation?

A Minister of Finance, but a poor man.

The absence of such a position is of course excellent.

The anger on Reminda Yidal Erjiluan’s face dissipated a lot, and he said: “You must resign as soon as possible. We need to divert the anger of the people now.”

The ministers present are very happy to see this result. The resignation of a minister can let the people see the government’s determination to extinguish the anger of the people.

But while discussing the new minister, the conference room was caught in a heated argument.

Reminda Yidal Erguiluan hopes to have his son-in-law fall into the post of the successor of Istanbul’s Financial Secretary Berard Gilberako.

Other ministers and the military have introduced different candidates.

Some people believe that the central bank governor Engel Altan Cardi has extensive experience and can serve as the minister of finance.

Some people think that the former Financial Secretary is more suitable for the post of minister.

The military said that the military’s statistics have a strong will and the highest quality, and they are more suitable to serve as ministers.

After discussing for a long time, they did not agree on who should be the minister.

It was not until the three elected candidates successively announced that an agreement was reached if Turkey’s current economy was saved.

Reminda Yidal Erguiluan’s son-in-law Berard Gilberaco believes that Turkey has reached the most critical time. Many people have been displaced and endured hunger and cold. The government must stabilize the exchange rate to solve the current situation. The problem at hand.

Therefore, Belad Gilberako believes that with the current situation in Turkey, it is time to apply for assistance from the IMF.

In the end, the parties reached an agreement and have always supported Belad Gilberako as Minister of Finance.

Because Belad Gilberako calculated that with Turkey’s current economic problems, if you want to get out of the predicament, you need to borrow at least US$10 billion from the IMF.

On the same day, the Press Office of the Presidential Palace of Turkey held a press conference.

The former Minister of Finance Kadir Emin Lynn resigned because of illness. The new Minister of Finance will be succeeded by the former Istanbul Finance Secretary Belad Gilberak, who is experienced and has plans to solve the current crisis.

February 1, 1993.

The Central Bank of Turkey has initiated a US$11 billion aid request to the IMF.

In view of the seriousness of the Turkish economy, the IMF sent a total of six experienced working groups and a special adviser to Istanbul.

Everyone of this small team member once had outstanding economic contributions and research in the world. Kane Walker was once the chief currency researcher of the Federal Reserve. Before joining the IMF, he even helped Mao formulate a shock plan for economic reform.

And Ian Bausch & Lomb once held a major position in the Bank of France, with in-depth research in the economic and financial fields.

Tom Pattinson is one of the founders of the new free economy at the University of London. This professor who abandoned classical economics during the time of Margaret Thatcher proposed a very complete and successful strategy for the economic reform and development of the United Kingdom. Suggest.

And Da Mao Valery Marikov, one of the most famous economists in the former Soviet Union, was once persecuted, but he never let go of economic research. This economist proposed the shock plan reform in Kane Walker. At that time, he publicly criticized the shortcomings of the shock plan, so it has a great influence in Central Asia and Eastern Europe.

In the group of six, an expert with oriental faces is particularly noticeable because of his unique skin color and hair.

He was about forty years old, his face was like a crown of jade, and his eyes were like shooting stars. When he stopped there, he had a teacher’s temperament, and he didn’t look like an economic expert at all.

He Yuanchao.

He has worked in many investment institutions in the United States, and has repeatedly won the championship of currency investment fund managers. It is said that he is also the founder of economics and finance at a university in China.

As for the special counsel.

He is an expert in global economics, finance and currency, Shen Jiannan, honorary director of Manhattan Jiuding University and Odyssey University of Economics and Finance in Ukraine.

This expert, known as the **** of investment and the **** of currency, enjoys a high reputation in the financial world around the world. Central banks have a deep understanding of his insight, judgment and analytical ability.

The IMF believes that if he joins, it can better help Turkey formulate an economic reform plan.

Istanbul, Central Bank.

Engel Altan Kadi stood downstairs to greet the IMF team and special advisers who came to investigate and help Turkey reform.

Under the leadership of Kane Walker, they shook hands and gave a brief introduction.

Everyone had a fake smile that could no longer be faked. Everyone knew what the purpose of this help was.

Engel Altan Cady showed the demeanor that a central bank governor should have, no matter what, he can get a share of this feast.

But obviously, Engel Altan Cardi overestimated his demeanor, and waited until he stood in front of him with a guy who was only in his twenties with black hair and yellow skin with a smile on his face, Engel Altan Cardi Just want to smash that smiling face.

Oh shit!

Let this notorious **** help us, why not let the weasel go to the rooster for New Year greetings.

You **** gangsters and robbers, can you be more shameless.

Engel Altan Cady looked at Shen Jiannan, his smile almost solidified. As the governor of the central bank, he knew too well how disgusting such a **** Shen Jiannan was.

I’m still singing about Turkey before, now I’m running to help Turkey.

This infamous international short-term bearer has given the name of helping Turkey.

It’s so deceiving!

Shen Jiannan did not feel that he was deceiving too much. With a sincere smile on his face, he shook hands with Engel Altan Cardi and said, “Mr. Cardi, it is nice to meet you. I am Shen Jiannan.”

Engel Altan Cady couldn’t help but use his strength to the limit, and said without a smile: “Mr. Shen’s name is like a legend, Cadi has been admired for a long time. Many countries have got your help and the economy has restored stability. It is really our honor to have you here to help us this time.”

Naked mockery.

But a guy like Shen Jiannan has long been shameless.

Showing a trace of self-satisfaction that can just be seen by others, the fellow said: “Thank you for the praise of President Cardi. As the purpose of our visit this time, I believe that if we help Turkey together, we will soon solve the current problems. Kind of problem.”

Hi!

Let’s make money together!

When Engel Altan Cady was nearly rogue by Shen Jiannan, his face turned blue with anger, and he let go of his hand angrily, not wanting to see this kind of scum.

The group of people led by the Turkish side into the elevator of the central bank building. In an instant, He Yuanchao gently shook his head towards Shen Jiannan, but he couldn’t help but smile.

Shen Jiannan smiled slightly, but he was very emotional and complicated in his heart.

This teacher, who had known his name and admired his deeds, but did not see him, did not expect to meet in this situation.

The economic problems of a country are actually similar to the operation of a company.

The problem that Turkey is facing today is, to put it simply, that it is unable to make ends meet and there is a financial problem.

To solve this problem, what we have to do is naturally to increase revenue and reduce expenditure, stimulate the economy, and reduce expenditure.

IMF members headed by Kane Walker proposed that the IMF can provide Turkey with a loan of up to 10 billion U.S. dollars, but according to the IMF assistance agreement, Turkey must accept the reform plan proposed by the IMF.

The plan is simple.

Labor value is one of the units calculated in capital value.

Turkey’s state-owned operation ~www.mtlnovel.com~ has formed a resource monopoly, with slack workers and slack management, so it lacks competitiveness in market operations.

Among them, the Turkish Tobacco Company, Turkish Refinery, and Istanbul’s six shipping ports are the most severe.

This kind of government’s bloated monopoly must be interrupted to be able to play a market role.

Secondly, the telecommunications industry has extremely high economic value in the development of modern economy. However, under the monopoly of state-owned capital, the Turkish telecommunications industry has frequent problems and poor service attitudes, which has caused the slow development of Turkish telecommunications companies.

In the financial industry, Turkey also has various problems.

Turkish commercial banks, ten banks including Turkish Guarantee Bank, AKBank, YapiKrediBank, and Vakifbank, as well as insurance and securities companies, have serious nepotism.

The appointment of family members by senior executives at all levels is a very unhealthy way of operating in the banking system.

After talking about the drawbacks of Turkey’s state ownership, Cairnwalker said to special counsel Shen Jiannan: “Mr. Shen. Do you have any suggestions to add?”

Shen Jiannan raised his eyebrows and said: “With Mr. Walker’s professional standards, these suggestions are naturally reasonable. At present, Turkey’s state-owned capital monopolizes all industries, and this backward operation is bound to be reformed to help Turkey’s finances. Profits will recover as soon as possible.”

“However, the financial problem is nothing more than increasing revenue and reducing expenditure. From the data point of view, more than 40% of Turkey’s fiscal deficit is consumed on armaments. If this aspect of expenditure is not curbed, I think the IMF will provide more The financial help of the company cannot solve the problem fundamentally.”