Cyprus-Forum.com

[CBBB]

Can you write more than a few words? or are you stupid all the time air head.

More than a few words are wasted on you!

[Kikapu]

Ok lets test how much you claim you know why did he cut rates and allow the TL to fall which has now slowed down?

I'll give you the short version, since I don't have the time for the long version and also you will not understand it even if i did, so what's the point.

The intent was to reduce "Hot Money" coming in from outside, which has increased the debts held by the Turks with their ongoing buying frenzy of foreign goods, which has caused the Imports to rise twice as much as Exports, which has created a huge Foreign Trade Deficits. The idea was to discourage foreign "Hot Money", which Erdogan was recently asking the Turks not to spend too much money they did not have. Personally the Turks are hungry for foreign quality goods, therefore they will continue to buy and get further in debt and the Imports will continue to rise and so will the Foreign Trade Deficit, and the further the TL goes down against other major currencies, the greater the FTD will increase, regardless if Turkey's Exports also rise some as a result of the devalued TL. This will also cause higher inflation. While Turkey is importing quality products at higher price, their Exports at lower price will always create a huge differences in the Import-Export exchange, hence the continual FTD, which at some point will worsen the TL more than it already is. By cutting the rates, Erdogan thought he can solve the FTD problem without knowing he was going to make things worse by the TL going down, which the ISE reacted immediately, since it will also effect growth in Turkey.

I believe Turkey is now on a slippery slope heading "south" as far as her economy, currency and the stock market goes. You won't be hearing from Erdogan telling the world what great GDP results they have achieved for a long time to come from now on, or that the EU needs Turkey more than Turkey needs the EU !

PS. The above was dictated to me by my dog.

[Viewpoint]

Ok lets test how much you claim you know why did he cut rates and allow the TL to fall which has now slowed down?

I'll give you the short version, since I don't have the time for the long version and also you will not understand it even if i did, so what's the point.

The intent was to reduce "Hot Money" coming in from outside, which has increased the debts held by the Turks with their ongoing buying frenzy of foreign goods, which has caused the Imports to rise twice as much as Exports, which has created a huge Foreign Trade Deficits. The idea was to discourage foreign "Hot Money", which Erdogan was recently asking the Turks not to spend too much money they did not have. Personally the Turks are hungry for foreign quality goods, therefore they will continue to buy and get further in debt and the Imports will continue to rise and so will the Foreign Trade Deficit, and the further the TL goes down against other major currencies, the greater the FTD will increase, regardless if Turkey's Exports also rise some as a result of the devalued TL. This will also cause higher inflation. While Turkey is importing quality products at higher price, their Exports at lower price will always create a huge differences in the Import-Export exchange, hence the continual FTD, which at some point will worsen the TL more than it already is. By cutting the rates, Erdogan thought he can solve the FTD problem without knowing he was going to make things worse by the TL going down, which the ISE reacted immediately, since it will also effect growth in Turkey.

I believe Turkey is now on a slippery slope heading "south" as far as her economy, currency and the stock market goes. You won't be hearing from Erdogan telling the world what great GDP results they have achieved for a long time to come from now on, or that the EU needs Turkey more than Turkey needs the EU !

PS. The above was dictated to me by my dog.

Then shoot your dog its rabid likes its owner, its easy to throw mud hoping it will stick, you have predicted doom and gloom for the Turkish economy for years now but nothing has transpired in fact the opposite, what does that make you? a fucking Turk hating idiot.... you are right in the action taken to reduce hot money by narrowing the FTD but you have jumped the gun yet again predicting all hell and high water for Turkey as we know your biased against them but the action taken by the Turkish government needs time and imo over the coming weeks will prove you wrong yet again. If the Turkish economy does not collapse over the next year like the Greek one will you please call yourself an ignorant stupid worthless piece of shit who knows nothing about economics?

[Hermes]

If the Turkish economy does not collapse over the next year like the Greek one will you please call yourself an ignorant stupid worthless piece of shit who knows nothing about economics?

And if it does, will you do the same?

[EPSILON]

If the Turkish economy does not collapse over the next year like the Greek one will you please call yourself an ignorant stupid worthless piece of shit who knows nothing about economics?

And if it does, will you do the same?

Turkish economy to colapse? from where ? from USD 7500/PC to where? an economy can booming if it is at bottom.Can someone remind us what is the income per cap in Turkey in comparizon with "bankrupted " economies of Ireland, Portugal or Greece? Even to compare is a stupid thing- just loosing yr time.

[EPSILON]

If the Turkish economy does not collapse over the next year like the Greek one will you please call yourself an ignorant stupid worthless piece of shit who knows nothing about economics?

And if it does, will you do the same?

Turkish economy to colapse? from where ? from USD 7500/PC to where? an economy can booming if it is at bottom.Can someone remind us what is the income per cap in Turkey in comparizon with "bankrupted " economies of Ireland, Portugal or Greece? Even to compare is a stupid thing- just loosing yr time.

Turkey 12,300
Greece 27,360

Just a comparizon for these want to loose time-Turkey needs some decades ahead to be a bankrupt country like Greece

[EPSILON]

If the Turkish economy does not collapse over the next year like the Greek one will you please call yourself an ignorant stupid worthless piece of shit who knows nothing about economics?

And if it does, will you do the same?

Turkish economy to colapse? from where ? from USD 7500/PC to where? an economy can booming if it is at bottom.Can someone remind us what is the income per cap in Turkey in comparizon with "bankrupted " economies of Ireland, Portugal or Greece? Even to compare is a stupid thing- just loosing yr time.

Turkey 12,300
Greece 27,360

Just a comparizon for these want to loose time-Turkey needs some decades ahead to be a bankrupt country like Greece

And ROC: 2010 28044.924

[Viewpoint]

If the Turkish economy does not collapse over the next year like the Greek one will you please call yourself an ignorant stupid worthless piece of shit who knows nothing about economics?

And if it does, will you do the same?

Definately.

[Viewpoint]

If the Turkish economy does not collapse over the next year like the Greek one will you please call yourself an ignorant stupid worthless piece of shit who knows nothing about economics?

And if it does, will you do the same?

Turkish economy to colapse? from where ? from USD 7500/PC to where? an economy can booming if it is at bottom.Can someone remind us what is the income per cap in Turkey in comparizon with "bankrupted " economies of Ireland, Portugal or Greece? Even to compare is a stupid thing- just loosing yr time.

Turkey 12,300
Greece 27,360

Just a comparizon for these want to loose time-Turkey needs some decades ahead to be a bankrupt country like Greece

Can you tell us all exactly how you got that income???

[EPSILON]

If the Turkish economy does not collapse over the next year like the Greek one will you please call yourself an ignorant stupid worthless piece of shit who knows nothing about economics?

And if it does, will you do the same?

Turkish economy to colapse? from where ? from USD 7500/PC to where? an economy can booming if it is at bottom.Can someone remind us what is the income per cap in Turkey in comparizon with "bankrupted " economies of Ireland, Portugal or Greece? Even to compare is a stupid thing- just loosing yr time.

Turkey 12,300
Greece 27,360

Just a comparizon for these want to loose time-Turkey needs some decades ahead to be a bankrupt country like Greece

Can you tell us all exactly how you got that income???

From the economical web sides which are prohibited in Turkey !!!