The Best Cyprus Community

Skip to content


Turkey is bankrupt

Feel free to talk about anything that you want.

Re: Turkey is bankrupt

Postby Maximus » Sun Nov 28, 2021 8:32 pm

listen re bordokefale and you should listen good.

The prudent limit for debt to GDP ratio for developed countries is 60%.

For developing economies or emerging markets, it is 40%.

The IMF advise not to breach this level on a long term basis..

it is not sustainable for Turkey to be at or over 40% debt to GDP.

But who cares, If it makes idiots like you happy, errordoagain can keep going to 100% like Greece and Cyprus, UK, France et el....

but the shit is still going to hit the fan..
Maximus
Main Contributor
Main Contributor
 
Posts: 7594
Joined: Wed Aug 10, 2011 7:23 pm

Re: Turkey is bankrupt

Postby repulsewarrior » Sun Nov 28, 2021 9:06 pm

...i recall Erdogan was insisting at the COP meeting that Turkey is a developed country.
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 » Sun Nov 28, 2021 9:08 pm

repulsewarrior wrote:...i recall Erdogan was insisting at the COP meeting that Turkey is a developed country.


He insists on lower interest rates and that Turks discovered America too.
Maximus
Main Contributor
Main Contributor
 
Posts: 7594
Joined: Wed Aug 10, 2011 7:23 pm

Re: Turkey is bankrupt

Postby Lordo » Sun Nov 28, 2021 9:32 pm

I am no fan of Turkey or Erdogan but facts are facts.

This wish of the Turkish Economic collapes is not heading that way at all, in fact quite the reverse.

Turkey is currently in the eighteenth place as the largest economy in the world thanks to its strong economy, with a GDP of about 736.716 billion dollars, also Turkey aims to get its economy to the tenth place as the largest economy by 2023.



https://www.imtilak.net/en/articles/turkish-economy
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 Maximus » Sun Nov 28, 2021 9:39 pm

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

Re: Turkey is bankrupt

Postby Lordo » Sun Nov 28, 2021 11:11 pm

Maximus wrote:yeah yeah yeah,

These are the facts dear boy.

What happens tomorrow is another matter but the track record says this swine has hoodwinked the western world to support him to this day.

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 Maximus » Mon Nov 29, 2021 12:57 am

Listen bordokefalo and you listen good.

The Turkish people supported and kept voting for him for two decades.
Maximus
Main Contributor
Main Contributor
 
Posts: 7594
Joined: Wed Aug 10, 2011 7:23 pm

Re: Turkey is bankrupt

Postby Lordo » Mon Nov 29, 2021 10:16 pm

Maximus wrote:Listen bordokefalo and you listen good.

The Turkish people supported and kept voting for him for two decades.


You do believe in democracy right?
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 Kikapu » Mon Nov 29, 2021 10:39 pm

Lordo wrote:
Maximus wrote:Listen bordokefalo and you listen good.

The Turkish people supported and kept voting for him for two decades.


You do believe in democracy right?


Turkey has democracy? :wink:
User avatar
Kikapu
Leading Contributor
Leading Contributor
 
Posts: 18050
Joined: Sun Apr 16, 2006 6:18 pm

Re: Turkey is bankrupt

Postby Lordo » Mon Nov 29, 2021 11:06 pm

Kikapu wrote:
Lordo wrote:
Maximus wrote:Listen bordokefalo and you listen good.

The Turkish people supported and kept voting for him for two decades.


You do believe in democracy right?


Turkey has democracy? :wink:

Its not me that said that, it was maximoboullaragi.

I did not want to point out to him the realities of elections under Erdogan.

Let him be.
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

PreviousNext

Return to General Chat

Who is online

Users browsing this forum: No registered users and 0 guests