The Best Cyprus Community

Skip to content


Turkey is bankrupt

Feel free to talk about anything that you want.

Re: Turkey is bankrupt

Postby repulsewarrior » Wed Nov 24, 2021 7:35 pm

...in any case, it is good to be watching Turkey at the moment because it is in a crisis far beyond what most other countries are struggling with at present.

Comparing Cyprus to Turkey, it can be said that the anxiousness it caused along with the denial, led to disaster.

...it is hard to believe that Turkey's economy, in two years will be that much different; and it will be up to the Turkish People as voters if they want change.
User avatar
repulsewarrior
Leading Contributor
Leading Contributor
 
Posts: 14254
Joined: Sat Apr 08, 2006 2:13 am
Location: homeless in Canada

Re: Turkey is bankrupt

Postby Maximus » Wed Nov 24, 2021 7:42 pm

repulsewarrior wrote:...in any case, it is good to be watching Turkey at the moment because it is in a crisis far beyond what most other countries are struggling with at present.

Comparing Cyprus to Turkey, it can be said that the anxiousness it caused along with the denial, led to disaster.

...it is hard to believe that Turkey's economy, in two years will be that much different; and it will be up to the Turkish People as voters if they want change.


knocking off a few zeros doesnt change anything,

it might fool a few people for a short period of time

But the real exchange rate is 12 million lira to the dollar.
Maximus
Main Contributor
Main Contributor
 
Posts: 7594
Joined: Wed Aug 10, 2011 7:23 pm

Re: Turkey is bankrupt

Postby erolz66 » Wed Nov 24, 2021 7:53 pm

Maximus wrote:Absolutely wrong,

I am commenting on the state of the Turkish economy, because I have an interest in finance and economics.

Unlike you and Bordo, who are getting triggered and trying to snipe at me, the GC's, and the Cypriot economy from 10 years ago.

:roll:


Well from my perspective I would say look at the evidence :)

What triggered me to enter this thread was nothing to do with 'defending Turkey'. I was triggered by the irony of someone who had been predicting imminent capital controls in Turkey for over ten years now and has still yet to be proven correct and was doing so through the entire period that the RoC itself underwent capital controls.

You seem pretty Turkey focused to me. You have a general interest in finance and economics but seem reluctant to discuss the thesis that what Erdogan is doing to an extreme degree, prioritising growth over inflation, is exactly what all central banks / governments have been doing since 2008 crash. Advance economies had already slashed base rates to zero and even past it and have been printing money via the smoke and mirrors of quantative easing. So erdogan is doing this to an extreme but it is clear that globaly we have all been doing the same thing. Keep growth going and worry about the inflationary consequences later. Somehow I do not think such a discussion is of interest to you because of your Turkey myopia.

Anyway we have been here before. I have said this before (as my opinion) and you have denied it before but there is actual hard complete evidence. You talk Turkey more than me. Absolute. Relative. any way you slice it.
erolz66
Main Contributor
Main Contributor
 
Posts: 4368
Joined: Sat Nov 30, 2013 8:31 pm

Re: Turkey is bankrupt

Postby Maximus » Wed Nov 24, 2021 7:57 pm

You proved, that I am Turkish?

You have not proven shit.

You are just another plonker.
Maximus
Main Contributor
Main Contributor
 
Posts: 7594
Joined: Wed Aug 10, 2011 7:23 pm

Re: Turkey is bankrupt

Postby Lordo » Wed Nov 24, 2021 8:13 pm

Maximus wrote:You proved, that I am Turkish?

You have not proven shit.

You are just another plonker.

Says the biggest plonker of them all.

OCD is not good for you, it will drive you mad. Get some real medical help my friend.
User avatar
Lordo
Leading Contributor
Leading Contributor
 
Posts: 22287
Joined: Wed Oct 05, 2011 2:13 pm
Location: From the river to the sea, Palestine will be free. Walk on Swine walk on

Re: Turkey is bankrupt

Postby erolz66 » Wed Nov 24, 2021 10:31 pm

Maximus wrote:You proved, that I am Turkish?

You have not proven shit.

You are just another plonker.


You said it yourself. I talk about crypto because I care about crypto. I do not talk as much about Turkey as you do because I actually do not care about Turkey as much as you do. Makes sense to me anyway. The evidence is all there and from where I am sitting its pretty dam compelling. Want me to run some stats for you ? From the complete and total evidence available to all. Probably not.
erolz66
Main Contributor
Main Contributor
 
Posts: 4368
Joined: Sat Nov 30, 2013 8:31 pm

Re: Turkey is bankrupt

Postby repulsewarrior » Wed Nov 24, 2021 10:41 pm

...you've got to hand it to the Turkish People, they find ways to protest against Erdogan, without getting arrested.



...burning dollars for example, instead of lira.
User avatar
repulsewarrior
Leading Contributor
Leading Contributor
 
Posts: 14254
Joined: Sat Apr 08, 2006 2:13 am
Location: homeless in Canada

Re: Turkey is bankrupt

Postby Maximus » Wed Nov 24, 2021 10:46 pm

erolz66 wrote:
Maximus wrote:You proved, that I am Turkish?

You have not proven shit.

You are just another plonker.


You said it yourself. I talk about crypto because I care about crypto. I do not talk as much about Turkey as you do because I actually do not care about Turkey as much as you do. Makes sense to me anyway. The evidence is all there and from where I am sitting its pretty dam compelling. Want me to run some stats for you ? From the complete and total evidence available to all. Probably not.


I dont care, do what you like.

you plonker

:roll:
Last edited by Maximus on Wed Nov 24, 2021 10:48 pm, edited 1 time in total.
Maximus
Main Contributor
Main Contributor
 
Posts: 7594
Joined: Wed Aug 10, 2011 7:23 pm

Re: Turkey is bankrupt

Postby Maximus » Wed Nov 24, 2021 10:47 pm

Lordo wrote:
Maximus wrote:You proved, that I am Turkish?

You have not proven shit.

You are just another plonker.

Says the biggest plonker of them all.

OCD is not good for you, it will drive you mad. Get some real medical help my friend.


You bordo

Have you got any Turkish music to post for us, while Earholez runs those statistics on me to prove he is not Turkish?

:lol:
Maximus
Main Contributor
Main Contributor
 
Posts: 7594
Joined: Wed Aug 10, 2011 7:23 pm

Re: Turkey is bankrupt

Postby erolz66 » Thu Nov 25, 2021 6:45 am

https://moneyweek.com/economy/global-ec ... rkish-lira

https://www.theguardian.com/business/20 ... r-governor

a couple of links for those who 'have an interest in finance and economics'.

As to stats on who here really is more Turkey obsessed, as I said the evidence is pretty compelling imo.

Maximus

Total posts - 6292
Posts that contain the word Turkey - 2563 or 39.14% of all posts.
Posts that contain the word Cyprus - 2096 or 33.31%

erolz*

total posts - 7084
Posts that contain the word Turkey - 1188 or 16.77% of al posts
Post that contain the word Cyprus - 3097 or 43.72%
erolz66
Main Contributor
Main Contributor
 
Posts: 4368
Joined: Sat Nov 30, 2013 8:31 pm

PreviousNext

Return to General Chat

Who is online

Users browsing this forum: No registered users and 0 guests