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Turkey is bankrupt

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Re: Turkey is bankrupt

Postby Maximus » Tue Jul 06, 2021 10:01 am

Turkish inflation took a jump to 17.5% yesterday and Erdogans mysterious $73 million summer Palace has been unvield.

He has two palaces now but his minions can eat onions and potatoes.

Typical corrupt dictator style.

https://ahvalnews.com/recep-tayyip-erdo ... y-unveiled
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Re: Turkey is bankrupt

Postby Lordo » Tue Jul 06, 2021 10:33 am

Maximus wrote:Turkish inflation took a jump to 17.5% yesterday and Erdogans mysterious $73 million summer Palace has been unvield.

He has two palaces now but his minions can eat onions and potatoes.

Typical corrupt dictator style.

https://ahvalnews.com/recep-tayyip-erdo ... y-unveiled


Tell me something new my boy. A corrupt politican does not suddenly change and become decent.

Unless he fixes the next election there is no way he will win.

he has also promissed to build one for Tatar too in Cyprus. Naturally on a piece of GC land.
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Re: Turkey is bankrupt

Postby Maximus » Tue Jul 06, 2021 11:30 am

You think democracy still exists in Turkey?

He is building his third palace now, in Ahlat.

He is not planning to go anywhere anytime soon. :roll:
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Re: Turkey is bankrupt

Postby Lordo » Tue Jul 06, 2021 2:06 pm

Maximus wrote:You think democracy still exists in Turkey?

He is building his third palace now, in Ahlat.

He is not planning to go anywhere anytime soon. :roll:

Listen sunshine you are not up with the news. Last local elections, the biggest prize electorally and financially was winning Istanbul. His thugs won the majority seats in the chamber but the Leadership went to Imamoglu. He than proceeded to disgard only the leadership vote and did not question the chamber vote and forced a second vote on the leadership. Imamoglu won second time. So yes there is democracy but the oppostion must take ownership of the boxes and be present with the boxes as they travel to the counts so there is no fixing. He lost istanbul and he can lose the next vote too. Just like Trump did, there is a limit to how much normal folk can tolerate this nationalist crap.
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Re: Turkey is bankrupt

Postby Kikapu » Tue Jul 13, 2021 9:46 pm

Turkey has lost one more place on the world’s GDP list to Switzerland. Erdogan was hoping to make Turkey the world’s 10th largest economy few years ago from 17th place, but now has fallen to 19th place if we exclude the EU areas GDP. No doubt the weakness and the constant depreciation of the Turkish lira against the US Dollar is the main cause.

55B8C609-54EA-43FB-ABBD-B401953802BA.png


https://tradingeconomics.com/
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Re: Turkey is bankrupt

Postby Lordo » Tue Jul 13, 2021 11:07 pm

Kikapu wrote:Turkey has lost one more place on the world’s GDP list to Switzerland. Erdogan was hoping to make Turkey the world’s 10th largest economy few years ago from 17th place, but now has fallen to 19th place if we exclude the EU areas GDP. No doubt the weakness and the constant depreciation of the Turkish lira against the US Dollar is the main cause.

55B8C609-54EA-43FB-ABBD-B401953802BA.png


https://tradingeconomics.com/

However USA has 123 Trillion debt.
UK has 2.4 Trillion debt (4.5 Trillion with when my pension is included)
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Re: Turkey is bankrupt

Postby Kikapu » Tue Jul 13, 2021 11:41 pm

Lordo wrote:
Kikapu wrote:Turkey has lost one more place on the world’s GDP list to Switzerland. Erdogan was hoping to make Turkey the world’s 10th largest economy few years ago from 17th place, but now has fallen to 19th place if we exclude the EU areas GDP. No doubt the weakness and the constant depreciation of the Turkish lira against the US Dollar is the main cause.

55B8C609-54EA-43FB-ABBD-B401953802BA.png


https://tradingeconomics.com/

However USA has 123 Trillion debt.
UK has 2.4 Trillion debt (4.5 Trillion with when my pension is included)


We can subtract 100 Trillion from your claim for the USA down to 23T. :wink:
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Re: Turkey is bankrupt

Postby Lordo » Wed Jul 14, 2021 12:46 am

Kikapu wrote:
Lordo wrote:
Kikapu wrote:Turkey has lost one more place on the world’s GDP list to Switzerland. Erdogan was hoping to make Turkey the world’s 10th largest economy few years ago from 17th place, but now has fallen to 19th place if we exclude the EU areas GDP. No doubt the weakness and the constant depreciation of the Turkish lira against the US Dollar is the main cause.

55B8C609-54EA-43FB-ABBD-B401953802BA.png


https://tradingeconomics.com/

However USA has 123 Trillion debt.
UK has 2.4 Trillion debt (4.5 Trillion with when my pension is included)


We can subtract 100 Trillion from your claim for the USA down to 23T. :wink:

Enjoy. I did not make it up. Honest gov.

https://www.visiontimes.com/2021/04/29/us-national-debt-123-trillion.html
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Re: Turkey is bankrupt

Postby Kikapu » Wed Jul 14, 2021 8:40 am

Lordo wrote:
Kikapu wrote:
Lordo wrote:
Kikapu wrote:Turkey has lost one more place on the world’s GDP list to Switzerland. Erdogan was hoping to make Turkey the world’s 10th largest economy few years ago from 17th place, but now has fallen to 19th place if we exclude the EU areas GDP. No doubt the weakness and the constant depreciation of the Turkish lira against the US Dollar is the main cause.

55B8C609-54EA-43FB-ABBD-B401953802BA.png


https://tradingeconomics.com/

However USA has 123 Trillion debt.
UK has 2.4 Trillion debt (4.5 Trillion with when my pension is included)


We can subtract 100 Trillion from your claim for the USA down to 23T. :wink:

Enjoy. I did not make it up. Honest gov.

https://www.visiontimes.com/2021/04/29/us-national-debt-123-trillion.html


Yes, you are including future debts for unknown period of time for various future services. :wink:
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Re: Turkey is bankrupt

Postby Lordo » Wed Jul 14, 2021 10:06 am

Kikapu wrote:
Lordo wrote:
Kikapu wrote:
Lordo wrote:
Kikapu wrote:Turkey has lost one more place on the world’s GDP list to Switzerland. Erdogan was hoping to make Turkey the world’s 10th largest economy few years ago from 17th place, but now has fallen to 19th place if we exclude the EU areas GDP. No doubt the weakness and the constant depreciation of the Turkish lira against the US Dollar is the main cause.

55B8C609-54EA-43FB-ABBD-B401953802BA.png


https://tradingeconomics.com/

However USA has 123 Trillion debt.
UK has 2.4 Trillion debt (4.5 Trillion with when my pension is included)


We can subtract 100 Trillion from your claim for the USA down to 23T. :wink:

Enjoy. I did not make it up. Honest gov.

https://www.visiontimes.com/2021/04/29/us-national-debt-123-trillion.html


Yes, you are including future debts for unknown period of time for various future services. :wink:

I am not, they are, and they are right. You cannot ignore the future payments of people alive today especially pensions and medical care. It is a far more accurate that simple shop financial calculations of todays trade as it were.
Not that different to what corporations do with the pension pot. They use it for theit personal use and when the time comes the pot is empty.
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