supporttheunderdog wrote:So you trust those who probably got Turkey into this mess to get Turkey out of it?
I trust them too.
supporttheunderdog wrote:So you trust those who probably got Turkey into this mess to get Turkey out of it?
kurupetos wrote:supporttheunderdog wrote:So you trust those who probably got Turkey into this mess to get Turkey out of it?
I trust them too.
Viewpoint wrote:kurupetos wrote:supporttheunderdog wrote:So you trust those who probably got Turkey into this mess to get Turkey out of it?
I trust them too.
Rome was not built in a day and Turkeys economy did not start with the current government.
Nikitas wrote:Thre is a worrying trend here that VP refuses to see. Turkey has become the base of convenience for foreign manufacturing. There is very little original Turkish innovation input in the products being exported. As these foreign investors find their business contracting they will decrease their business in Turkey or might pull out altogether.
It would enlighten Vp to investigate how many Italian firms have moved part of their manufacturing to Turkey. As did UK firms and others. Rising freight rates are enough to knock out the advantage of Turkish based manufacturing. A decrease in domestic salaries in investing countries will diminish the advantages even further. And how long will Turkish workers be happy with 1/5 of Italian salaries?
I am not gloating over this. The prospect of a slowdown or worse in Turkey's economy will mean bad news for the region. Because the usual remedy for internal problems is to fuel tensions with neighbors.
Turkey's Central Bank moves to halt decline of lira
The meeting comes as concerns over European sovereign debt and U.S. public finances coincide with worries over Turkey’s gaping current account deficit. The U.S. dollar was trading above 1.70 liras on Wednesday, as foreign investors dumped Turkish assets.
Viewpoint wrote:kurupetos wrote:supporttheunderdog wrote:So you trust those who probably got Turkey into this mess to get Turkey out of it?
I trust them too.
Rome was not built in a day and Turkeys economy did not start with the current government.
Nikitas wrote:Thre is a worrying trend here that VP refuses to see. Turkey has become the base of convenience for foreign manufacturing. There is very little original Turkish innovation input in the products being exported. As these foreign investors find their business contracting they will decrease their business in Turkey or might pull out altogether.
It would enlighten Vp to investigate how many Italian firms have moved part of their manufacturing to Turkey. As did UK firms and others. Rising freight rates are enough to knock out the advantage of Turkish based manufacturing. A decrease in domestic salaries in investing countries will diminish the advantages even further. And how long will Turkish workers be happy with 1/5 of Italian salaries?
I am not gloating over this. The prospect of a slowdown or worse in Turkey's economy will mean bad news for the region. Because the usual remedy for internal problems is to fuel tensions with neighbors.
kurupetos wrote:Viewpoint wrote:kurupetos wrote:supporttheunderdog wrote:So you trust those who probably got Turkey into this mess to get Turkey out of it?
I trust them too.
Rome was not built in a day and Turkeys economy did not start with the current government.
Your Ottoman alliance is so easily exposed.
Viewpoint wrote:kurupetos wrote:Viewpoint wrote:kurupetos wrote:supporttheunderdog wrote:So you trust those who probably got Turkey into this mess to get Turkey out of it?
I trust them too.
Rome was not built in a day and Turkeys economy did not start with the current government.
Your Ottoman alliance is so easily exposed.
Ottoman?? those days are over and history we are in a strong alliance with Turkey, in fact our only real ally unlike GCs.
Viewpoint wrote:kurupetos wrote:Viewpoint wrote:kurupetos wrote:supporttheunderdog wrote:So you trust those who probably got Turkey into this mess to get Turkey out of it?
I trust them too.
Rome was not built in a day and Turkeys economy did not start with the current government.
Your Ottoman alliance is so easily exposed.
Ottoman?? those days are over and history we are in a strong alliance with Turkey, in fact our only real ally unlike GCs.
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