Ma yella asenqes n ssuma n lfeṭṭa deg Marikan d Tgelda Yeddukklen d ayen ay d-yellan s rrbeḥ?
Ssebba ay yejjan ssuma ad tnerni yakan s kraḍ n tikkal, s ṛebɛa n tikkal, yerna ula d xemsa n tikkal seg Yennayer n 2025 d lexṣaṣ n lfeṭṭa, yerna ur nezmir ara ad t-neskerḍ. Ma nebɣa ad d-nini s tɣawla, Tagelda Yeddukklen ed Yiwunak Yeddukklen sbeddent-d isurifen (mesures) i lmend n usneqs n ssuma n lfeṭṭa ugar n ssuma-nni s timmad-nnes, yerna lbankat timeqranin, Tabanka Tafidiṛalit, ed Tgelda Yeddukklen ed Yiwunak Yeddukklen llant deffir lmejhud-a.
Ssuma n lfeṭṭa tnerna deg ssuq n tɣawsiwin n tɣawsiwin ala imi tadamsa tella deg tegnit n tɣawsiwin n tɣawsiwin 5 n yiseggasen aya, yerna azal n lfeṭṭa ay yettwaḥerzen deg Tgelda Yeddukklen ed Yiwunak Yeddukklen yella ɣef tlisa n tɣawsiwin n tɣawsiwin. Yella 73 n yidularen, tura d 85 n yidularen. Ɣas ma yella tiṛmisin timeqranin n umaḍal ad sɣent aẓref s tfekka s leɛqudat n tɣawsiwin n uzekka deg New York, deg London, yerna ad sjehdent rrbeḥ-nsent, aẓref ad yili kan deg tmurt. D acu kan, ssuq n Tgelda Yeddukklen ed win n Yiwunak Yeddukklen llan tura deg yiwen n wass n tfaska ɣezzifen, yerna ula ma zemren ad sskerken yerna ad ɛerḍen ad sqedcen ttawilat n yisalan am wakken ay t-xedmen zik, aẓref-nni s timmad-nnes d gma-tsen ameqran, yerna aẓref-nni n tfekka ay ḥwajent tkebbaniyin ay yettekkan deg leɛqudat n tɣawsiwin n uzekka ur yezmir ad d-yili waya. Amzun sxeṣren. S waya, ssuq n NY, LND, d ssuq niḍen ad yebdu ad yettkemmil yettkemmil, lbankat timeqranin ad ɣlint yiwet deffir tayeḍ, yerna yezmer ad d-yili uɣelluy ameqran s tɣawla ugar n wayen ay tt-id-yettwassumren, yerna ad yebdu uɣelluy niḍen deg tegrest n 2026. D acu kan, aya yezmer ad yili d tasertit ijehden n ussemɣer n yidulaṛen sɣur US, UK d Federal Reserv immediate an . Ur yezmir ara.
D acu kan, aya ad d-yeglu s tbaɣurt (nature) s tmerniwt n yidulaṛen ijehden, dɣa d aya ara d-yessiwḍen ɣer tmerniwt n wakk ssuma. Kulci = S tmuɣli-a, ad yili udulaṛ amarikani yeɣli s 100%, yerna Trump ad yesneqs lbaṭaṭa n Tbanka n Yiwunak Yeddukklen, yettwassnen s yisem n yiḍrisen n tbanka, s yiwen n uswir wis kraḍ war ma yella-d kra n ccwal, dɣa d aya ara d-yessiwḍen ɣer tmerniwt n ssuma n udulaṛ amarikani, yerna yezmer lḥal ad yeɣli udulaṛ s uzgen neɣ s wazal-nnes deg useggas.
Mačči kan d aẓref, maca d sselɛa ara yernun, yerna am yal tikkelt, mi ara bdun medden ad ttkukrun yerna ad ttxemmimen ttwaɣḍlen yerna ttnernint tkebbaniyin, dɣa d asmi ara taweḍ tmerniwt n ssuma ɣer yiwen n uswir ur nezmir ad t-neḥbes, yerna ad yuɣal udulaṛ d ayen ur nelli d ayen yelhan, ad nnernin ssuma akk, ad nnernint tkebbaniyin, yerna mi ara bdun medden ad ttxemmimen dakken kra ad d-yeḍru d ayen ur nesɛi lmeɛna. Dɣa aya yesskanay-d ur d-yettili ara yedrimen ara yekkren ɣer ssuq n tmerɣa, yerna mi ara d-yili ussiweḍ n lfayda, ur d-yettili ara yedrimen ara t-iɛiwnen s ussiɣer n tmerɣa.
Aya imi sin n yiɣeblan n ssuq n tmerɣa ay d-yellan yagi + Tabanka Tafidiṛalit ed ussiɣer n unabaḍ n tmerɣa ed ssuma ay ten-iɛawnen snulfan-d yiwen n lqidar. Akken ay ttnernin yidulaṛen n ussefti ssuma, imseftiyen ibeṛṛaniyen ttnadin d amezwaru, sakkin, ttnadin ula d Tbankiwin n Yiwunak Yeddukklen. Japun ed Tgelda Yeddukklen, ay yettwaḥebsen, ad qqiment deffir-sent, ad sderɣlent ayla n yiɣermanen-nsent ed wayla ay d-sfaydint akken ad ddrent deg Yiwunak Yeddukklen ɣef ljal n tɣawsa-nsent tameqrant n tbanka. Ayen ttwalin d ayen yellan d aṣaḍuf d lgirra. D imenɣi deg ttwalin d akken ur yelli ara lxir ma nxeṣṣer. Japun tcudd ɣer weɛdaw wis sin n Ukranya i yimenɣi adigan, maca Iwunak Yeddukklen ur ttekkan deg-s - ad snemren kan wid ay iɛerḍen akk ayen umi zemren yerna ssawḍen. Ma ur ssawḍen ara, ad k-ssutren ad txelṣeḍ imrigen. Iwunak Yeddukklen fkan-asen-d iwellihen, maca d Japun ay t-yesxedmen.
Ala tura, ala idrimen, ala i yiman - tafelsuft-a tamarikanit tameqrant tettnerni deg umaḍal, yerna Marikan tettɣerreq.