{"id":26057,"date":"2013-06-27T09:01:49","date_gmt":"2013-06-27T07:01:49","guid":{"rendered":"http:\/\/www.bilgeyatirimci.com\/?p=26057"},"modified":"2013-06-27T09:02:00","modified_gmt":"2013-06-27T07:02:00","slug":"ayrisan-merkezlere-dikkat","status":"publish","type":"post","link":"https:\/\/www.bilgeyatirimci.com\/i\/ayrisan-merkezlere-dikkat\/","title":{"rendered":"Ayr\u0131\u015fan Merkezlere Dikkat"},"content":{"rendered":"<p>Amerikan Merkez Bankas\u0131 Ba\u015fkan\u0131 Bernanke\u2019nin \u00f6n\u00fcm\u00fczdeki s\u00fcrece ili\u015fkin parasal geni\u015fleme politikas\u0131n\u0131 azaltacaklar\u0131na dair a\u00e7\u0131klamas\u0131 hepinizin mal\u00fbmu. Bundan sonra d\u00fcnya piyasalar\u0131nda ve bilhasssa T\u00fcrkiye\u2019deki dolar hareketlili\u011fi de g\u00f6zler \u00f6n\u00fcnde.<\/p><div class=\"bilge-yaziust\" style=\"margin-top: 10px;margin-bottom: 10px;\" id=\"bilge-671656576\"><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>Bunu m\u00fcteakip Avrupa Merkez Bankas\u0131 Ba\u015fkan\u0131 Draghi de bir a\u00e7\u0131klamada bulundu. Draghi a\u00e7\u0131klamas\u0131nda geni\u015fleme politikalar\u0131n\u0131n s\u00fcrece\u011finin alt\u0131n\u0131 \u00e7izdi. Buradan Avrupa ve ABD ekonomilerinin kriz ya da soygun sonras\u0131 s\u00fcre\u00e7te ald\u0131klar\u0131 noktan\u0131n mukayesesini yapmak m\u00fcmk\u00fcn.<\/p>\n<p>Fakat bizler i\u00e7in daha kritik bir nokta var. Ne yaz\u0131k ki her iki a\u00e7\u0131klamada T\u00fcrkiye\u2019de finans piyasalar\u0131na etkileri a\u00e7\u0131s\u0131ndan tart\u0131\u015f\u0131l\u0131yor; ama daha temelde reel sekt\u00f6re bunun nas\u0131l yans\u0131yaca\u011f\u0131 konu\u015fulmuyor.<\/p>\n<p>\u0130\u015fin kumar ekonomisi taraf\u0131n\u0131 bir kenara atarsak, konuyu biraz a\u00e7makta fayda var. T\u00fcrkiye son y\u0131llarda benim de y\u00fcrekten destekledi\u011fimiz alternatif pazar uygulamalar\u0131yla, ihracat alan\u0131n\u0131 \u00e7e\u015fitlendirme \u00e7al\u0131\u015fmalar\u0131n\u0131 yapt\u0131. Fakat i\u015fin hamasetini bir kenara b\u0131rak\u0131p ger\u00e7e\u011fe bakarsak \u00f6n\u00fcm\u00fczdeki foto\u011fraf \u015fu:<\/p>\n<p>S\u00fcre\u00e7te baz\u0131 eklemeler ve y\u00fcr\u00fct\u00fclen ili\u015fkiler olsa da, ihracat\u00e7\u0131 a\u00e7\u0131s\u0131ndan hen\u00fcz Avrupa ana pazar olma \u00f6zelli\u011fini yitirmedi. Yani \u00fcreticinin nabz\u0131n\u0131 tutarken, Avrupa temelli baz\u0131 geli\u015fmeleri herkesten daha fazla dikkate almak zorunday\u0131z.<\/p>\n<p>\u0130hracat\u00e7\u0131m\u0131z\u0131n finansman y\u00f6netimine bakt\u0131\u011f\u0131n\u0131zda da giderlerinin TL ve dolar baz\u0131nda, gelirlerinin de Avro baz\u0131nda oldu\u011funu g\u00f6r\u00fcyoruz. \u0130\u015fte iki merkez aras\u0131ndaki ayr\u0131\u015fma bu noktada bizim i\u00e7in kritik \u00f6nem ta\u015f\u0131yor.<\/p>\n<p>ABD\u2019de s\u0131k\u0131la\u015fan dolar politikas\u0131, \u00f6n\u00fcm\u00fczdeki s\u00fcre\u00e7te azalmaya paralel bu paran\u0131n de\u011ferini nisbi oranda art\u0131raca\u011f\u0131n\u0131, AB\u2019deki geni\u015fleme yanl\u0131s\u0131 e\u011filimin de Avro\u2019nun bollu\u011fa paralel de\u011ferini d\u00fc\u015f\u00fcrece\u011fini g\u00f6steriyor.<\/p>\n<p>\u0130\u015fte tam bu a\u015famada geliri Avro, gideri Dolar olan ihracat\u00e7\u0131 i\u00e7in bug\u00fcnden bir \u00f6nlem al\u0131nmal\u0131d\u0131r. Uzun y\u0131llard\u0131r k\u00e2r marjlar\u0131 azalan ve alternatifler i\u00e7inde kom\u015fu pazarlara ula\u015f\u0131mda da kay\u0131plara u\u011frayan ihracat\u00e7\u0131, 150 milyar dolar pozisyon a\u00e7\u0131\u011f\u0131yla krize girebilir.<\/p><div class=\"bilge-content-1\" style=\"margin-top: 10px;margin-bottom: 10px;\" id=\"bilge-4267424427\"><ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-7495567325667578\"\r\n     data-ad-slot=\"3167340272\"\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>Merkezler aras\u0131ndaki ayr\u0131\u015fma fikir baz\u0131ndan fiiliyata d\u00f6nmeden T\u00fcrkiye\u2019de genelde iktidar, \u00f6zelde de ihracat\u00e7\u0131 \u00f6nlem almal\u0131d\u0131r. Aksi takdirde bizi \u00e7ok daha zor bir s\u00fcrecin bekledi\u011fi a\u00e7\u0131k.<\/p>\n<p>\u0130\u00e7 piyasada da durum farkl\u0131 de\u011fil. Sadece i\u00e7e \u00e7al\u0131\u015fanlar\u0131n giderleri TL ve nispeten dolar baz\u0131nda artarken, girdi maliyetlerindeki art\u0131\u015f\u0131 TL fiyatlar\u0131na yans\u0131tamayaca\u011f\u0131 ve ucuzlayan Avro ile birlikte, \u00c7in ba\u015fta olmak \u00fczere Uzakdo\u011fu men\u015feili Avrupa mallar\u0131 daha \u00e7ok i\u00e7 pazar\u0131m\u0131zda hayat bulaca\u011f\u0131ndan benzer s\u0131k\u0131nt\u0131 burada da olacak.<\/p>\n<p>\u00dcretici bu e\u011filimler tam anlam\u0131yla hayat bulmadan pozisyon a\u00e7\u0131\u011f\u0131n\u0131 kapatman\u0131n ve gider \/ gelir dengesizli\u011fini ortadan kald\u0131rman\u0131n yollar\u0131n\u0131 aramal\u0131d\u0131r. Ekonomi y\u00f6netimi ise desteklerini bu d\u00f6n\u00fc\u015f\u00fcme y\u00f6nelik belirlemelidir. Aksi takdirde zaten zor ayakta duran KOB\u0130\u2019lerimiz ba\u015fta olmak \u00fczere, \u00f6n\u00fcm\u00fczdeki s\u00fcre\u00e7 bir\u00e7ok fabrikan\u0131n kap\u0131s\u0131na kilit vurdu\u011fu bir foto\u011fraf\u0131 \u00f6n\u00fcm\u00fcze koyabilir. Aman dikkat\u2026<\/p>\n<p><a href=\"mailto:cetinunsalan@yahoo.com\">cetinunsalan@yahoo.com<\/a><\/p><div class=\"bilge-content-2\" style=\"margin-top: 10px;margin-bottom: 10px;\" id=\"bilge-2953814480\"><ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-7495567325667578\"\r\n     data-ad-slot=\"1818807385\"\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","protected":false},"excerpt":{"rendered":"<p>Amerikan Merkez Bankas\u0131 Ba\u015fkan\u0131 Bernanke\u2019nin \u00f6n\u00fcm\u00fczdeki s\u00fcrece ili\u015fkin parasal geni\u015fleme politikas\u0131n\u0131 azaltacaklar\u0131na dair a\u00e7\u0131klamas\u0131 hepinizin mal\u00fbmu. Bundan sonra d\u00fcnya piyasalar\u0131nda ve bilhasssa T\u00fcrkiye\u2019deki dolar hareketlili\u011fi&hellip;<\/p>\n","protected":false},"author":5,"featured_media":14653,"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-26057","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\/26057","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\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/comments?post=26057"}],"version-history":[{"count":0,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts\/26057\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/media\/14653"}],"wp:attachment":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/media?parent=26057"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/categories?post=26057"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/tags?post=26057"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}