The Best Cyprus Community

Skip to content


When will Turkey's economic bubble burst?

How can we solve it? (keep it civilized)

Re: When will Turkey's economic bubble burst?

Postby Demonax » Fri Mar 01, 2013 11:12 pm

Pyrpolizer wrote:My friend let's admit it that whatever would possibly happen to Turkey's economy has nothing to do with any strategy of ours. My concern is what would be the impact -in case the Turkish economy collapses- to our own problem.
As long as I remember Turkey's economy was never healthy and all they were doing was changing governments all the time, while the militants were holding the strings.
Furthermore if it collapses there goes away whatever EU ambitions they had and whatever EU leverage we ever had.


With regard to the Turkish economy, the Turks have gone along with Erdogan because he has given them cheap credit and promised them a return of Turkish prestige. Once this inevitably collapses then Turks will have no option but to try and rekindle some kind of European orientation. Cleverer Turks than the current Turkish leadership know this. This won't be full membership but some kind of strategic partnership that will encourage reform and democracy. Of course they will have a price to pay. But Turkish belligerence towards Cyprus and the EU has increased along with the myth of the Turkish economic 'miracle'. They need to learn about 'hubris' - a Greek word. Do you know if there is a Turkish equivalent?
User avatar
Demonax
Regular Contributor
Regular Contributor
 
Posts: 1815
Joined: Fri Aug 24, 2012 12:05 am

Re: When will Turkey's economic bubble burst?

Postby repulsewarrior » Fri Mar 01, 2013 11:26 pm

Maximus wrote:
repulsewarrior wrote:...Turkey has it seems, done itself no favors with its "zero friend" policy.


The man himself has failed to prove his theories of strategic depth. Corroding relations with the west, what kind of 'bridge' can Turkey be towards the east?


my point exactly, he is moving toward turning the west into an enemy, the bridge is to be broken, he will, when the time comes, deny the consequences of Turkey's Finacial crisis so that there will be the opportunity for him to become the leader against "Banks", "Capitaliism", "the West", (or "Jews"), representing an Islamic force toward an "evil" which exploits the "non-Christians", or is "unGodly". it is possible that he is working very hard to make the bubble as big as possible toward this end.

@Demonax, democracy is at a cliff, if you will, in Turkey; with elections coming, Erdogan has all the advantages, it will be all about timing.
User avatar
repulsewarrior
Leading Contributor
Leading Contributor
 
Posts: 14278
Joined: Sat Apr 08, 2006 2:13 am
Location: homeless in Canada

Re: When will Turkey's economic bubble burst?

Postby Pyrpolizer » Sat Mar 02, 2013 12:11 am

Demonax wrote:
Pyrpolizer wrote:My friend let's admit it that whatever would possibly happen to Turkey's economy has nothing to do with any strategy of ours. My concern is what would be the impact -in case the Turkish economy collapses- to our own problem.
As long as I remember Turkey's economy was never healthy and all they were doing was changing governments all the time, while the militants were holding the strings.
Furthermore if it collapses there goes away whatever EU ambitions they had and whatever EU leverage we ever had.


With regard to the Turkish economy, the Turks have gone along with Erdogan because he has given them cheap credit and promised them a return of Turkish prestige. Once this inevitably collapses then Turks will have no option but to try and rekindle some kind of European orientation. Cleverer Turks than the current Turkish leadership know this. This won't be full membership but some kind of strategic partnership that will encourage reform and democracy. Of course they will have a price to pay. But Turkish belligerence towards Cyprus and the EU has increased along with the myth of the Turkish economic 'miracle'. They need to learn about 'hubris' - a Greek word. Do you know if there is a Turkish equivalent?


All I know Turkish is the word's richest language in "hyvreologio".... :lol:
User avatar
Pyrpolizer
Leading Contributor
Leading Contributor
 
Posts: 12893
Joined: Wed Mar 29, 2006 11:33 pm

Re: When will Turkey's economic bubble burst?

Postby Viewpoint » Sat Mar 02, 2013 4:45 pm

Doom and gloom merchants you have been saying this for years doent this make all you look stupid Greece has collapsed and even south Cyprus is begging for money although you Gcs think its the best place on earth.
User avatar
Viewpoint
Leading Contributor
Leading Contributor
 
Posts: 25214
Joined: Sun Feb 20, 2005 2:48 pm
Location: Nicosia/Lefkosa

Re: When will Turkey's economic bubble burst?

Postby Pyrpolizer » Sat Mar 02, 2013 4:59 pm

Viewpoint wrote:Doom and gloom merchants you have been saying this for years doent this make all you look stupid Greece has collapsed and even south Cyprus is begging for money although you Gcs think its the best place on earth.


Well if Turkey's economy collapses as well, we could of make a Federation between us the three, what do you think about it VP? :wink:
User avatar
Pyrpolizer
Leading Contributor
Leading Contributor
 
Posts: 12893
Joined: Wed Mar 29, 2006 11:33 pm

Re: When will Turkey's economic bubble burst?

Postby Viewpoint » Sat Mar 02, 2013 5:02 pm

Pyrpolizer wrote:
Viewpoint wrote:Doom and gloom merchants you have been saying this for years doent this make all you look stupid Greece has collapsed and even south Cyprus is begging for money although you Gcs think its the best place on earth.


Well if Turkey's economy collapses as well, we could of make a Federation between us the three, what do you think about it VP? :wink:



We dont need to include Turkey she is big enough to look after herself.
User avatar
Viewpoint
Leading Contributor
Leading Contributor
 
Posts: 25214
Joined: Sun Feb 20, 2005 2:48 pm
Location: Nicosia/Lefkosa

Re: When will Turkey's economic bubble burst?

Postby Pyrpolizer » Sat Mar 02, 2013 5:11 pm

Viewpoint wrote:
Pyrpolizer wrote:
Viewpoint wrote:Doom and gloom merchants you have been saying this for years doent this make all you look stupid Greece has collapsed and even south Cyprus is begging for money although you Gcs think its the best place on earth.


Well if Turkey's economy collapses as well, we could of make a Federation between us the three, what do you think about it VP? :wink:



We dont need to include Turkey she is big enough to look after herself.

I meant Greece Turkey and Cyprus, still don't like the idea VP? We could all save a hell of money from armaments...that could take us out of this bankruptcy.
User avatar
Pyrpolizer
Leading Contributor
Leading Contributor
 
Posts: 12893
Joined: Wed Mar 29, 2006 11:33 pm

Re: When will Turkey's economic bubble burst?

Postby Viewpoint » Sat Mar 02, 2013 5:35 pm

Pyrpolizer wrote:
Viewpoint wrote:
Pyrpolizer wrote:
Viewpoint wrote:Doom and gloom merchants you have been saying this for years doent this make all you look stupid Greece has collapsed and even south Cyprus is begging for money although you Gcs think its the best place on earth.


Well if Turkey's economy collapses as well, we could of make a Federation between us the three, what do you think about it VP? :wink:



We dont need to include Turkey she is big enough to look after herself.

I meant Greece Turkey and Cyprus, still don't like the idea VP? We could all save a hell of money from armaments...that could take us out of this bankruptcy.


No thanks.
User avatar
Viewpoint
Leading Contributor
Leading Contributor
 
Posts: 25214
Joined: Sun Feb 20, 2005 2:48 pm
Location: Nicosia/Lefkosa

Re: When will Turkey's economic bubble burst?

Postby Demonax » Tue Mar 05, 2013 3:56 am

repulsewarrior wrote:he is moving toward turning the west into an enemy, the bridge is to be broken, he will, when the time comes, deny the consequences of Turkey's Finacial crisis so that there will be the opportunity for him to become the leader against "Banks", "Capitaliism", "the West", (or "Jews"), representing an Islamic force toward an "evil" which exploits the "non-Christians", or is "unGodly". it is possible that he is working very hard to make the bubble as big as possible toward this end.

@Demonax, democracy is at a cliff, if you will, in Turkey; with elections coming, Erdogan has all the advantages, it will be all about timing.


For sure if the Syrian conflict and Turkey's economy go seriously wrong then Erdogan could easily lash out towards the West and we will see a rebirth of authoritarianism and far-right nationalism as Turkey starts to go under. Erdogan is clearly inclined to take this path as his outbursts have exposed him as little more than a petty Islamic fascist with ideas above his station.

The question is what the West can do to encourage Turkey on a trajectory towards a more liberal path given that they have turned a blind eye up till now towards Erdogan and Davutoglu's outrageous Ottoman fantasies.
User avatar
Demonax
Regular Contributor
Regular Contributor
 
Posts: 1815
Joined: Fri Aug 24, 2012 12:05 am

Re: When will Turkey's economic bubble burst?

Postby repulsewarrior » Tue Mar 05, 2013 8:28 am

...seven years from now, Gul will be Prime Minister, and Erdogan President, the Constitution reformed (lol). between that time and now, Europe must stick to its Principals, any appeasement in this regard will be the failure that he is looking for.

a pipeline to Turkey, without another route through Greece for example, is in my mind a betrayal, for a few bucks saved, less security, for Europe, less Freedom with less independence. much effort will be made by Turkey to link the "Greek" issues together so that there is the give and take she claims is fair, Greece's EEZ, will be made a tradeoff, so that Turkey gets something. so too the dangers in which Turkey has implicated herself elsewhere, tribute where really it is not her's to have so much influence.

...the bubble has not burst in Turkey, speculators can enjoy their margins still, in Europe, and they will turn like dogs on her after this quarry, it makes sense by then to deny the debts that make bubbles grow at this point, and fight the result as evil; like Catch-22, Erdogan is clever, as confidence games go he plays well.
User avatar
repulsewarrior
Leading Contributor
Leading Contributor
 
Posts: 14278
Joined: Sat Apr 08, 2006 2:13 am
Location: homeless in Canada

PreviousNext

Return to Cyprus Problem

Who is online

Users browsing this forum: No registered users and 0 guests