Activity Feed Forums Global Trade Trends Turkey is not awesomer…

  • Steve Simonson

    Moderator
    January 11, 2022 at 1:31 pm

    The currency situation is growing more and more dire in Turkey – which means that manufacturing there, while technically tempting, is not viable for the foreseeable future. The volatility is too risky unless you have terms that remove any advanced payments. (even then the risks are unbearable due to the potential for price volatility, delays, and factories disappearing without delivery.)

    Chapters:

    0:00 Intro

    2:33 Deposit Protection Scheme

    5:51 Foreign Currency

    8:05 Concerns

    12:43 Summary & Conclusion

    https://youtu.be/aGPSZ5V63_Q

    • This discussion was modified 1 week, 6 days ago by  Steve Simonson.

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