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Turkey: The chicken game is on

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Turkey: The chicken game is on

Postby pitsilos » Wed Nov 22, 2006 6:31 am

So, bad news on the EU negotiations - for example, over the weekend - could cause the lira to break through key resistance levels.

http://www.fxstreet.com/fundamental/ana ... 11-21.html


it ain't looking good for turkey. the economic miracle looks like is about to collapse and back to suitcases instead of wallets.

get ready for the aftershocks vp
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Re: Turkey: The chicken game is on

Postby Viewpoint » Wed Nov 22, 2006 8:21 am

pitsilos wrote:
So, bad news on the EU negotiations - for example, over the weekend - could cause the lira to break through key resistance levels.

http://www.fxstreet.com/fundamental/ana ... 11-21.html


it ain't looking good for turkey. the economic miracle looks like is about to collapse and back to suitcases instead of wallets.

get ready for the aftershocks vp


You are anticipating again, just wait and see you may be suprised.
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Postby pitsilos » Wed Nov 22, 2006 8:25 am

again? whats with the again quote? i only made one quote in this thread vp. you are slipping :lol:

just going by what the article says. but a kick up the ass from the eu, and you gotta admit its gonna hurt.
or
you think it will have a reverse effect. :lol:
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Postby Viewpoint » Wed Nov 22, 2006 8:32 am

pitsilos wrote:again? whats with the again quote? i only made one quote in this thread vp. you are slipping :lol:

just going by what the article says. but a kick up the ass from the eu, and you gotta admit its gonna hurt.
or
you think it will have a reverse effect. :lol:


I hope its hard enough to tell Turkey to go its own way and realize that her EU aspirations are in vain, that she will never make it into the EU and that she can develop just as well without the EU.
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Postby pitsilos » Wed Nov 22, 2006 8:58 am

going her own way yes, but developing without the eu, its called utopia. :lol:

you ain't no china sunshine. in 3 years max, china will devour of what will be left of your cheap labour.

i just came back from china after living there for 10 years, and t tell you the amount of trade from china to turkey is on the upwards trend, and a steep one.

i spoke to a lot of europeans, israelites and even turks, why not make it in turkey. the answer is simple, unreliable and too expensive

so you say go it alone. good luck.

and turkeys aspirations are in vain, only because in the translation, you confuse words like harmonization with sacrifices.

go figure :lol:
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Postby Viewpoint » Wed Nov 22, 2006 9:09 am

pitsilos wrote:going her own way yes, but developing without the eu, its called utopia. :lol:

you ain't no china sunshine. in 3 years max, china will devour of what will be left of your cheap labour.

i just came back from china after living there for 10 years, and t tell you the amount of trade from china to turkey is on the upwards trend, and a steep one.

i spoke to a lot of europeans, israelites and even turks, why not make it in turkey. the answer is simple, unreliable and too expensive

so you say go it alone. good luck.

and turkeys aspirations are in vain, only because in the translation, you confuse words like harmonization with sacrifices.

go figure :lol:


You are talking out of your arse again, and your hate is shining through in abundance, Turkey progressed even without the EU and she will continue to do so. The EU will be a temporary knock back which she will get over and move onto pastures new. All you have to do it is sit back in your 63% of the island and watch the developments. Your pessimistic view about Turkeys future will be proven wrong time and time again, she has taken bigger knocks than turning her back on EU membership and still bounced back even stronger than before. There is a life outside of the EU, thinking otherwise is just being pig ignorant.
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Postby pitsilos » Wed Nov 22, 2006 9:42 am

the only one quoting here out of their behind is the person that has shoved his head up his behind as to avoid realities.

now you are an economist? what they give a multipurpose degrees in the north of something? a jack of all trades diplomas.

you don't seem to realise that turkey, yes turkey, a 3rd world economy, and yes a 3rd world economy can't compete with a giant such as china. you refuse to accept facts. tell me what can turkey offer that china can't with much lower costs?

let me give you hint so you can start looking into the overall picture. its quite simple. look what turkey is exporting and look what she is importing. now go away look at the figures and come post them here in this very thread. lets see who is talking out of the their ass. care to talk the talk and walk the walk sunshine?

all the while trying to service an excess of a US$200 million IMB loan. and do you know what that means to a devaluated lira? do you how the repayments are affected? come on genious enlighten us.

so when i tell you my opinion, it ain't out of my ass because i justified it, unlike you that brings morals into debates and talking bs.

again i fail to see how me painting a grim picture on turkey is out of hate. are you saying everone that paints a grim picture on turkey is talkin out of their ass and hate turkey? :lol: hmmm i like your logic :lol:

the fact is your little gc responce book doesn't cover anything outside the square box. admit it :lol:
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Postby Viewpoint » Wed Nov 22, 2006 10:04 am

Look you are obviously no expert on economy as you do not see the whole picture you isolate specifics to back up your demonizing everything Turkish, if the IMF, World Bank and the EU are happy with economical developments in Turkey then who are you to say otherwise, your opinions are your own and bear no weight other than pessimistic propaganda against a country which you yourself admit you view with a very racist mentality.

So drop the veiled scare mongering that Turkey is a 3rd world country and you will be just another province in it, you will suffer under the Turks crap. This is not an issue, it appears more of an issue to you so deal with it and move on.

You are the one that needs to move away from the blinkered viewpoint you have been expressing on this forum, this island is divided and will stay this way until or if we ever resolve our issues until then people like you will fester and continue to dream up annihilation plans for the TCs be this through killing us all off, staying as the TRNC, joining Turkey, being taken over by martians and being washed away by a Tsunami.

Well dream on, we will be here today tomorrow then day after....life goes on.
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Postby pitsilos » Wed Nov 22, 2006 10:46 am

i am just gonna keep it very simple for you.

I asked you to talk the talk and walk the walk sunshine.

have you looked at the figures? you mind posting them?

the rest of your post is pure hatred for anyone that doesn't agree with you.

yes the island is divided and you are doing your best to sell every square inch to every tom, dick and harry, while you come here preaching morals. and the love for turkey

turkey is a 3rd world country. any country that occupies the number 2 position at the imf is a 3rd world country. maybe this might come as a shock to you but if you were to take the blinkers off you might have a chance of seeing it.

the article in this thread was not written by me by atleast an expert, something i can't say about you. you seemed to be disputing the expert but when you are asked for justification you shit your pants.

just to make it simple for you, a move on the lira would have disastrous results for turkey. its simple the lower your exchange, the more lira you need to repay your debt. I suggest you put your left hand over your leftear and then repeat the last sentence out loud. at least somehow you might have a chance of catching the meaning.

i said it before and i will say it again. if turkey was a private company she would have gone belly up 100 times during the last 80 years.

and the next time you want to debate, don't start going of course. this thread is about, the thought of bad news for turkey will send the lira spiralling downwards. see if you can comment on this with views as to what will happened if those thoughts are turned into reality. you think you can do this sunshine?

ps please provide these figures for all to see who the hell is not an expert, otherwise stay away from topics you have no clue rather than insult peoples intelligence with your usual ramblings that amount to a big fat zero.
Last edited by pitsilos on Wed Nov 22, 2006 10:54 am, edited 1 time in total.
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Postby alexISS » Wed Nov 22, 2006 10:53 am

The recent development of the Turkish economy was partly owed to a pending EU membership, foreign investment and capital flowed in Turkey because she was expected to become an EU member. What will happen to all that capital when the negotiations are officially over? Even suitcases won't be big enough to carry coffee money
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