Share prices will rise while interest rates and exchange rates will go down. This trend will continue until our politicians, who have the miraculous knack of triggering a crisis out of the blue, display that knack once again. And now the debt swap means we have secured a TL 9.3 quadrillion loan from the domestic market. If the government spends this fund with the old mentality this fund may prove fatal in the future. If, on the other hand, the government spends it in line with the goals of the stability program, this fund can clear the way for Turkey's salvation.
Money is neither good nor bad.
It is good when used for good aims. On June 17 Dervis explained to the public the opportunities and hopes created by the swap. Then another process began. Energy Minister Cumhur Ersumer was cleared of the charges of corruption. And Tantan lost the interior ministry.