Cyprus-Forum.com

[Lordo]

Does this mean Turkey is no longer a regional power?

there is only one way to find out gondobotsuimmu fire that bullet right across the border and surely you will find out. you know you want to.

[bill cobbett]

Xmas pressie for you Dimmo...

0 0 0 0 0 0 0 0 0

A loada zeros to add to your TLs.

[Lordo]

wait for it, it has not bottomed out yet - then you buy you simple charlui. how many currency dealings have you done in your lifetime.

[kurupetos]

Does this mean Turkey is no longer a regional power?

there is only one way to find out gondobotsuimmu fire that bullet right across the border and surely you will find out. you know you want to.

There's still time for that... and it won't be just one bullet...

[Lordo]

let me know when so i can be there, you will need somebody to take you to the hosbidal. i will take you north lefkosa nut house, they will look after you there.

[bill cobbett]

wait for it, it has not bottomed out yet - then you buy you simple charlui. how many currency dealings have you done in your lifetime.

You buying low Blubbo ...???

You'll have to wait ... cos Turkish sewers are a bit bottomless.

From today's presstv...

"... Value of Turkey’s national currency, lira, has hit a new record low against the dollar following a high-level corruption scandal that has shaken the government of Prime Minister Recep Tayyip Erdogan.

The lira fell to 2.1778 per dollar on Thursday. This came after the ongoing corruption probe also led to a drop in the value of shares, as the main index at the Istanbul stock exchange lost 1.91 percent to 66,503.69 points. ..."

Oh... and what's the food like in Bedlam...???

[Lordo]

i am devestated. now the terkis good will be cheaper and god help the rest.

[Kikapu]

i am devestated. now the terkis good will be cheaper and god help the rest.

That's a little fallacy actually, because the price I pay for Turkish goods at my local friendly Turkish shop for the last several years here in CH has been the same despite the TL having lost at least 50% of it's value against the Swiss Franc in that time period. Despite the "middle man" who has been importing goods at cheaper rate as the TL goes down, he has not necessary been passing the savings down to the consumers, which may indicate as to why Turkey's export does not grow as much as it should when the TL loses it's value against other currencies. The other factor is of course, that whenever the TL goes down, everything else in Turkey rises due to high inflation as well as higher import cost. Therefore, the ones who are getting royally fcuked by the TL's continual slide to the toilet, are the Turks themselves. They are getting screwed coming and going!

[Lordo]

if your local shop is screwing you left right and centre, you cannot blame that on terkey right.

[bill cobbett]

A few words sums up Turkey's recent economic news...

SLUMP...!!! SANK ...!!! SLIDING ...!!!

Here's the first few paras from Hurriyet today...

'... The Turkish Lira slumped to a record low against the U.S. dollar and the euro after the announcement of current account deficit data that fueled concerns over the country’s financing vulnerabilities.

The Turkish currency sank on Jan. 14 to a record low against the euro, hitting the psychologically key level of three lira to the euro.

After starting off the day at around the 2.18 level, the Turkish currency jumped to an all-time record of 2.1977 against the dollar.

The Istanbul stock market also lost ground, sliding 1.32 percent to 67,221.75 points. ..."

http://www.hurriyetdailynews.com/turkis ... sCatID=344