Cyprus-Forum.com

[Get Real!]

Suggestions for improving this terribly biased and hypocritical thread, Max:

* If you spent an equal amount of time looking for anti-Greek stuff as you do the anti Turkish stuff, you would have posted it.

* You are only seeking information that supports your anti-Turkish bias.

I'm sure you'll agree with all the above.... they are after all YOUR suggestions!

[Lordo]

Suggestions for improving this terribly biased and hypocritical thread, Max:

* If you spent an equal amount of time looking for anti-Greek stuff as you do the anti Turkish stuff, you would have posted it.

* You are only seeking information that supports your anti-Turkish bias.

I'm sure you'll agree with all the above.... they are after all YOUR suggestions!

I can assure you not when it applies to him.

[Get Real!]

Suggestions for improving this terribly biased and hypocritical thread, Max:

* If you spent an equal amount of time looking for anti-Greek stuff as you do the anti Turkish stuff, you would have posted it.

* You are only seeking information that supports your anti-Turkish bias.

I'm sure you'll agree with all the above.... they are after all YOUR suggestions!

I can assure you not when it applies to him.

Two sets of rules, they call it!

[Maximus]

Suggestions for improving this terribly biased and hypocritical thread, Max:

* If you spent an equal amount of time looking for anti-Greek stuff as you do the anti Turkish stuff, you would have posted it.

* You are only seeking information that supports your anti-Turkish bias.

I'm sure you'll agree with all the above.... they are after all YOUR suggestions!

I can assure you not when it applies to him.

The title of this thread is: Turkey is bankrupt.

I am seeking and posting information to support and prove that Turkey is bankrupt

It is absolutely biased.

And what?

[Get Real!]

Suggestions for improving this terribly biased and hypocritical thread, Max:

* If you spent an equal amount of time looking for anti-Greek stuff as you do the anti Turkish stuff, you would have posted it.

* You are only seeking information that supports your anti-Turkish bias.

I'm sure you'll agree with all the above.... they are after all YOUR suggestions!

I can assure you not when it applies to him.

The title of this thread is: Turkey is bankrupt.

I am seeking and posting information to support and prove that Turkey is bankrupt

It is absolutely biased.

And what?

Re vromoleshi!

[Maximus]

Its supposed to be biased you idiot. I am making a statement that Turkey is bankrupt.

I made that statement after considering a considerable amount of information to come to that conclusion.

So I took a position and declared that Turkey is bankrupt based on my foresight and wisdom.

I put my neck on the line, declared a bias long before most people could even smell it.

If I wanted to be somewhat cautious, I would have title the tread: Turkeys economic issues, or some shit like that.

[Lordo]

I think vromoshille sounds just about correct.

Not that I do not support Turkey or Erdogan for that matter.

Turkiye debt to GDP ratio is 40%
UK debt to GDP ration is 94%.
USA debt to GDP ration is 133%
Russian debt to GDP ration is 27%

Shit man I wish I understood finance and economics.

[DT.]

I think vromoshille sounds just about correct.

Not that I do not support Turkey or Erdogan for that matter.

Turkiye debt to GDP ratio is 40%
UK debt to GDP ration is 94%.
USA debt to GDP ration is 133%
Russian debt to GDP ration is 27%

Shit man I wish I understood finance and economics.

Are those stats external debt to gdp?
Do you know why a bank would lend money to Elon Musk and not you? If you’ve got low debt to gdp does that also mean no wants to lend you money?

[Maximus]

But the real question bordo is how much debt to GDP is too much for a country.

You are comparing apples to lettuce to potatoes to celery my old chestnut.

All these countries you have listed have different;

-economic growth rates,
-purchasing power parity per capita,
-strength and independence of institutions (central banks, monetary policy, etc..)
-different interest rates on debt.

[Maximus]

Put it another way,

I could have a 30% debt to earnings ratio,

but my cost of living could increase due to external factors.

- My land lord puts the rent up
- supermarkets increase their prices
- fuel gets more expensive
- electricity and gas goes up
- interest rates on my debt goes up
- the mafia boss comes knocking and demands protection money
- my employer reduces my hours because their isn't enough work.

I might not be able to manage to service my financial obligations. I could go "bankrupt" couldn't I?