Cyprus-Forum.com

[kimon07]

Still better than Greece and south Cyprus.

Current Inflation rate Turkey 8,3%
http://www.tradingeconomics.com/turkey/inflation-cpi

Cyprus 0,08%
http://www.tradingeconomics.com/cyprus/indicators

Greece 0,40%
http://www.tradingeconomics.com/greece/indicators

of course the inflation rates are low. nobody has any money to buy anything. it should be minus.

[Maximus]

Still better than Greece and south Cyprus.

Current Inflation rate Turkey 8,3%
http://www.tradingeconomics.com/turkey/inflation-cpi

Cyprus 0,08%
http://www.tradingeconomics.com/cyprus/indicators

Greece 0,40%
http://www.tradingeconomics.com/greece/indicators

of course the inflation rates are low. nobody has any money to buy anything. it should be minus.

[Lordo]

if people have no money to spend how can prices go up. alobos e bellanede

[Maximus]

if people have no money to spend how can prices go up. alobos e bellanede

Ask Mugabe,

When his people did not have any money to spend Zimbabwe experienced hyper inflation.

Ill give you a clue, inflation comes from printing more money and/or a weakening currency relative to others.

[Lordo]

yep get it - printing money causes it. since when has greece or cyprus been able to print their money since joining the euro.

[Maximus]

Greece and Cyprus have not been printing their own money since joining the euro. Nope - You do not get it !

[kimon07]

if people have no money to spend how can prices go up. alobos e bellanede

Lordo. If you look at international data tables you will find that the per capita (consumer's) expenditure in both Greece and Cyprus are, even today, much higher (about than those in Turkey.

[Lordo]

how many times must i say it. it is not just spending it is also earning the the comparison. in other word standard of living. you have to compare the two otherwise it makes no sense.

[kimon07]

how many times must i say it. it is not just spending it is also earning the the comparison. in other word standard of living. you have to compare the two otherwise it makes no sense.

Of course. Per Capita income is earning and I have already submited tables for that.

Per Capita (or per household) Expenditure is spending. Just compare them both. Lots of tables and indexes on the net. Turkey is far behind Cyprus and Greece even today. Far behind in per capit income, far behind in family (private) expenditure but far ahead in inflation.

[repulsewarrior]

..."pitiful" Greece as i recall, in its present state, is better off than all South American countries. although it is not a very impressive statistic, Greece is better off than more than fifty percent of the world. it only goes to reflect on the Occidental world, and its position as a rank. Turkey, aspires, half of it lives far below any poverty line a European can imagine. as Ataturk said, it is the peasant which is the foundation of Turkey. however, it is the other half he turned to when looking westward.

Erdogan may be a skillful player to his base, one could say he is a Drama, Queen, but when it comes to tarnish, he tops them all, within this ilk, by biting the hands that feed, if not in Gazi Park, against phantoms of "outside" forces otherwise. billions spent, that is to say, committed to, beside the Police state which must be very costly; oh well, no bridge, no canal, no nuclear whatever, dare i say it,, no water.