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Is Turkey the new China?

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Postby Oracle » Tue Sep 14, 2010 3:00 pm

Turkey is to Cyprus what China is to Tibet ... unwanted Invaders!
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Postby Get Real! » Tue Sep 14, 2010 3:20 pm

vaughanwilliams wrote:
Get Real! wrote:
vaughanwilliams wrote:Come on guys, don't be shy. You never know, living next to a regional economic powerhouse like Turkey, you might get some crumbs that fall off the table.

You should direct that to the incompetent fools living in the occupied territory because Cyprus has been an economic powerhouse since the mid 80s despite having 37% of her territory under an illegal military occupation and all the costly muck that came along with that.

And finally, it is Cyprus that controls Turkey’s future by blocking her out of the EU! :lol:


And there are those that would say you are doing them a favour.
:D
Looking at how Turkey is doing OUTSIDE the EU, compared to how some EU countries are doing, I'd agree with that.

When contemplating the future of Turkey never forget that she has one very serious “liability”…

She is Muslim! And as it currently stands, the world is predominantly controlled by non-Muslims and/or anti-Muslims, and this will eventually have a far more reaching effect on Turkey than everything else combined!
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Postby boomerang » Wed Sep 15, 2010 12:26 am

the failed experement of free tax world trade is coming to an end...

protectionism will come back with a bang...the US factories will be firing again...

this is the only saviour for the US money problems...
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Postby vaughanwilliams » Wed Sep 15, 2010 9:29 am

Get Real! wrote:
vaughanwilliams wrote:
Get Real! wrote:
vaughanwilliams wrote:Come on guys, don't be shy. You never know, living next to a regional economic powerhouse like Turkey, you might get some crumbs that fall off the table.

You should direct that to the incompetent fools living in the occupied territory because Cyprus has been an economic powerhouse since the mid 80s despite having 37% of her territory under an illegal military occupation and all the costly muck that came along with that.

And finally, it is Cyprus that controls Turkey’s future by blocking her out of the EU! :lol:


And there are those that would say you are doing them a favour.
:D
Looking at how Turkey is doing OUTSIDE the EU, compared to how some EU countries are doing, I'd agree with that.

When contemplating the future of Turkey never forget that she has one very serious “liability”…

She is Muslim! And as it currently stands, the world is predominantly controlled by non-Muslims and/or anti-Muslims, and this will eventually have a far more reaching effect on Turkey than everything else combined!


I'd say being a Muslim country was in Turkeys favour at the moment, as no-one wants to upset them. There are enough anti-Western Muslim countries in the world without adding TR to the list.
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Postby Nikitas » Wed Sep 15, 2010 10:47 am

Economic powerhouse?

I am a consultant for a specific product sector in which Turkey recently has shown a great deal of "progress". The same had happened in Spain in the 70s. The parallel is interesting.

With unbridled government ecnouragement, direct subsidies, lifting of all buraucratic controls, the sector surges forward, but doing what exactly?

It produces badly reversed engineered copies of foreign products with no regard for patent infringment or quality control. The goods are then dumped in overseas markets where they are bought by the unwary. Eventually forums on the internet start sprouting POS (piece of shit) posts regarding these products.

Despite advertising that a particular brand of Turkish made product is produced with direct supervision from the Italian "mother company", the brand was recently voted the worst in the USA for quality and post sale problems.

The Spanish precedent is educational. Eventually the glut of manufacturing capacity in the sector led to a crisis and a spate of bankruptcies. The surviving makers formed a cooperative but it dissolved three years later. Today the sector in Spain is made of seven companies with a fraction of the sales they had in the 70s. The area where these industries had flourished in the 70s is now a center for gastronomy!

I detect the parallels. Turkey is NOT China because it has not developed original innovative industries. It has inherited the old industrial processes of the west which became too expensive. Often the original outdated factories were moved to Turkey. The design and marketing are not in Turkish hands and that is worrying. Obviously it is not worrying the Turks, because right now they are making some money, it worries the rest of us because a collapse in Turkey is more worrisome than its success.

As for trading with Turkey, when they make a decent product at a good price why not? Right now they are making cheapo stuff at steadily rising prices. To get an idea compare construction steel quality between Turkish, Greek and German steel. Look at the specs as they are stated in an objective third party document like the Society of Engineers and then we talk about new Chinas etc.
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Postby vaughanwilliams » Wed Sep 15, 2010 1:02 pm

Not easy to compare what China does today with what Turkey does today, other than to say that Turkey is now where China was some years ago. China produced poor copies in Chinese owned factories, staffed, supervised and managed by nationals, with little or no QC. Years under communism put an emphasis on quantity over quality. Factories there today which are, say, Japanese owned, tend to be managed and supervised by Japanese staff with a Chinese labour force. Although the product is "Made in China", the finished product is as good as that "Made in Japan".
Turkey may well be going through a similar experience.
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Postby Get Real! » Wed Sep 15, 2010 8:30 pm

Nikitas wrote:Economic powerhouse?

When you compare Turkey’s financial situation today with her abysmal state of 2000, then one can understand the gross exaggerations like "powerhouse" being used by some! :lol:
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Postby Get Real! » Wed Sep 15, 2010 8:33 pm

This one is for vaughanwilliams…

http://www.renewamerica.com/columns/gaffney/060313
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Postby vaughanwilliams » Thu Sep 16, 2010 6:07 am

Get Real! wrote:This one is for vaughanwilliams…

http://www.renewamerica.com/columns/gaffney/060313


This one is for Get Real.

http://www.renewamerica.com/about.htm

I wouldn't take too much notice of these bible bashers. :roll:
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Postby vaughanwilliams » Thu Sep 16, 2010 6:09 am

Get Real! wrote:
Nikitas wrote:Economic powerhouse?

When you compare Turkey’s financial situation today with her abysmal state of 2000, then one can understand the gross exaggerations like "powerhouse" being used by some! :lol:


We're not comparing Turkey with where she was in 2000, we're comparing her with China now. Tell us about other countries enjoying 10% growth these days.
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