Your numbers are 10 years out of wack. Its 27T with a YoY deficit of 3T for this year alone.
Whilst I agree with your premise, thats the end game. Until then the whole world is on the fiat standard, everybody is devaluing at equal rates and currency flows do matter.
I just pray to the gods of Greek buggery that TRY gets through the next few months and out to greener pastures on the otherside. Would be a shame if things went tits up at this stage because of some nonsense somewhere else in the financial markets.
Maybe I worry too much.
TRY Price at posting:
15.5¢ Sentiment: Buy Disclosure: Held
