{"id":17740,"date":"2012-07-18T09:18:22","date_gmt":"2012-07-18T07:18:22","guid":{"rendered":"http:\/\/www.bilgeyatirimci.com\/?p=17740"},"modified":"2012-07-18T13:18:38","modified_gmt":"2012-07-18T11:18:38","slug":"avrupa-birligi-intihar-etmeyecektir","status":"publish","type":"post","link":"https:\/\/www.bilgeyatirimci.com\/i\/avrupa-birligi-intihar-etmeyecektir\/","title":{"rendered":"Avrupa Birli\u011fi \u0130ntihar Etmeyecektir"},"content":{"rendered":"<p>Nihayet \u0130talya\u2019n\u0131n da kredi notu d\u00fc\u015ft\u00fc. Hem de iki kademe birden. Not d\u00fc\u015f\u00fckl\u00fc\u011f\u00fcnden \u00e7ok \u00e7ekmi\u015f bir \u00fclkenin vatanda\u015f\u0131 olarak, \u0130talyan dostlar\u0131m\u0131z\u0131 \u201cNotu D\u00fc\u015f\u00fckler Kul\u00fcb\u00fcnde\u201d g\u00f6rmek bana biraz teselli verdi.<\/p><div class=\"bilge-yaziust\" style=\"margin-top: 10px;margin-bottom: 10px;\" id=\"bilge-1763534671\"><ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-7495567325667578\"\r\n     data-ad-slot=\"9580705384\"\r\n     data-ad-format=\"rectangle\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n(adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p>\u201c\u0130tibar Derecelendirme\u201d (Credit Rating) kurulu\u015flar\u0131, tasarruf sahiplerine veya onlar\u0131n paras\u0131n\u0131 y\u00f6netenlere bilgi vermek i\u00e7in faaliyet g\u00f6sterir. Tasarruf sahipleri, hem y\u00fcksek getiri almak, hem de para bat\u0131rmamak ister. Ama bunun ikisi bir arada olmaz. Yat\u0131r\u0131m\u0131n getirisi ile anaparay\u0131 bat\u0131rma ihtimali (riski) aras\u0131nda ters y\u00f6nl\u00fc bir ili\u015fki vard\u0131r. Derecelendirme \u015firketleri s\u00f6z\u00fcm ona bu \u201c\u00f6d\u00fcnle\u015fmeyi\u201d \u00f6l\u00e7erek yat\u0131r\u0131mc\u0131lar\u0131n karar almas\u0131n\u0131 kolayla\u015ft\u0131r\u0131r. \u0130tibar derecelendirme kurulu\u015flar\u0131 son y\u0131llarda itibar kaybettilerse de, yine de onlar\u0131n verdi\u011fi notlar\u0131, yat\u0131r\u0131mc\u0131lar g\u00f6rmezlikten gelmemektedir. Ancak not indiriminin davul zurna ile ilan edilmesi \u00e7ok ters bir i\u015ftir. Faydas\u0131 kadar belki de ondan fazla zarar\u0131 vard\u0131r. Notun duyurulmas\u0131, bir yandan riske i\u015faret edip ilgili taraf\u0131 \u00f6nlem almaya davet ederken, di\u011fer yandan notu d\u00fc\u015f\u00fcr\u00fclen \u00fclkenin kamu bor\u00e7lanma faizlerinin y\u00fckselmesine sebep olarak, finansal istikrar\u0131n\u0131 bozmakta ve onu oldu\u011fundan daha riskli hale getirmektedir.<\/p>\n<p><strong>BU YA\u011eMURDA AKITMAYAN DAM YOK<\/strong><\/p>\n<p>Almanya\u2019n\u0131n notu AAA d\u0131r. Alman devlet tahvillerinin geri \u00f6denmeme riski yoktur ve Almanya \u201cs\u0131f\u0131r reel faizle\u201d bor\u00e7lanmaktad\u0131r. Ama bu risksiz yat\u0131r\u0131m, ger\u00e7ekten risksiz midir? Ayn\u0131 para birimini kullanan di\u011fer AB \u00fclkelerinin notunun d\u00fc\u015fmesi Alman k\u00e2\u011f\u0131tlar\u0131na yat\u0131r\u0131m yapanlar\u0131 \u201cEuro, Dolar kar\u015f\u0131s\u0131nda geriledi\u011fi i\u00e7in\u201d zarara u\u011fratm\u0131\u015ft\u0131r. \u0130tibar Derecelendirme kurulu\u015flar\u0131, AB \u00fcyesi \u00fclkelerini teker, teker de\u011ferlendirmeyi bir yana koyup, AB\u2019nin notunu a\u00e7\u0131klasalar, yat\u0131r\u0131mc\u0131lara daha faydal\u0131 olurlar. Zaten tahvil yat\u0131r\u0131mlar\u0131n\u0131n riski denince, deval\u00fcasyon riski ilk s\u0131rada gelir. \u0130n\u015fallah Almanya da uyanacak ve kendini ve AB\u2019yi tahripten vazge\u00e7ecektir.<\/p>\n<p>Yaz\u0131n\u0131n devam\u0131 i\u00e7in <strong><a href=\"http:\/\/www.hurriyet.com.tr\/yazarlar\/21007486.asp\" target=\"_blank\" data-wpel-link=\"external\" rel=\"nofollow external noopener\">TIKLAYINIZ.<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nihayet \u0130talya\u2019n\u0131n da kredi notu d\u00fc\u015ft\u00fc. Hem de iki kademe birden. Not d\u00fc\u015f\u00fckl\u00fc\u011f\u00fcnden \u00e7ok \u00e7ekmi\u015f bir \u00fclkenin vatanda\u015f\u0131 olarak, \u0130talyan dostlar\u0131m\u0131z\u0131 \u201cNotu D\u00fc\u015f\u00fckler Kul\u00fcb\u00fcnde\u201d g\u00f6rmek&hellip;<\/p>\n","protected":false},"author":14,"featured_media":936,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-17740","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tumyazilar"],"_links":{"self":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts\/17740","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/comments?post=17740"}],"version-history":[{"count":0,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts\/17740\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/media\/936"}],"wp:attachment":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/media?parent=17740"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/categories?post=17740"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/tags?post=17740"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}