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Turkey is bankrupt

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Re: Turkey is bankrupt

Postby Maximus » Sat Nov 27, 2021 1:05 pm

the only thing that is going to fix the property price issue is a greater supply of housing,

Builds will become more expensive because the cost of materials will go up in an inflationary environment.

Most property owners looking in to selling have to consider moving to somewhere else. If prices are over inflated and the cost of borrowing goes up, they will be reluctant to move.

increasing interest rates encourages people not to borrow money.

But to save it, so there is less money chasing the same or fewer goods or services.

Which stabilizes prices and controls inflation.
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Re: Turkey is bankrupt

Postby Paphitis » Sat Nov 27, 2021 1:31 pm

Well the USD still seems strong, and I’m been waiting for it to slide away.
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Re: Turkey is bankrupt

Postby Maximus » Sat Nov 27, 2021 1:39 pm

Paphitis wrote:Well the USD still seems strong, and I’m been waiting for it to slide away.


If the FED raises interest rates, and other major central banks are reluctant to do so,

The interest rate differential between the USD and foreign currency will widen.

Yielding more interest for assets or cash denominated in USD.

when investors buy USD, that increase in demand increases the price of it relative to foreign currency.
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Re: Turkey is bankrupt

Postby Maximus » Sat Nov 27, 2021 2:37 pm

Anyone criticizing the AKP's "economic war of liberation" <--whatever that means

Will now be considered as a national security issue.

"Challenges and threats that Turkey has faced and may face in the process of implementing investment, production, employment, and export oriented economic policies in line with its objectives on the solid infrastructure it has built, have been evaluated,"

"Comments, criticisms, and warnings made by both the opposition and non-governmental organisations, trade unions, academics, economics writers and commentators may be treated within this framework,"

https://ahvalnews.com/turkeys-national- ... t-economic

Lordo wrote:There is only one word to describe anybody who cannot stand their country being critisized for the wrong things they have done and it is called FASCIST.

When your country has done something wrong, you have to accept it but do not blame the people, it is the political leaders that are at fault.


half the population voted for this though, time and time again for two decades.
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Re: Turkey is bankrupt

Postby repulsewarrior » Sat Nov 27, 2021 6:11 pm



...modeling everything and the end of the world as we know it.
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Re: Turkey is bankrupt

Postby Oceanside50 » Sat Nov 27, 2021 6:57 pm

Maximus wrote:
erolz66 wrote:I aim to sell at the peak of the market, because this cheap money low inflation charade the worlds central banks have been playing since 2008 is not sustainable. It only last on wishful thinking. The piper always has to be paid in the end and the piper is inflation. I am looking to sell property I have had and held in the UK for 30 years in the expectation that within 3-5 years I will be able to buy it back for less than I sold it for. I would not buy stocks right now, not even solid yield bearing stocks. They are over priced by the trillion of new cheap easy money the world has been running on for the last 13 years. Even a base rate of 2% would lead to a serve property crash in the UK and even worse in NZ where house prices are so massively over inflated. But I recon base rate will be nearer 6% than 2%. The reckoning is coming imo and so yeah ironically enough I am hedging against inflation primarily by liquidating assets for cash.

My money is most firmly where my mouth is.


Inflation means that prices go up.

For example, the cost of materials to build a house or for a company to make a product will get more expensive.

You seem to have an inverse view of what will happen if you are banking on prices coming down to buy things cheaper.

if things are massively over inflated, and we have inflation as well, then things will get more expensive.



Have you noticed the inflation of collectibles.. excess money is going into collectibles, stock markets and crypto….
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Re: Turkey is bankrupt

Postby repulsewarrior » Sat Nov 27, 2021 8:10 pm

...when confidence is down it is a good time to have cash reserves.

...having investments that can weather such a storm is a good thing. Having a large cash reserve in such times (along with solid long term investments) is even better. It is not a good time to have debt, no cash, and no investment. Inflation in affect is a tax on the poor.
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Re: Turkey is bankrupt

Postby Lordo » Sat Nov 27, 2021 8:41 pm

Maximus wrote:Anyone criticizing the AKP's "economic war of liberation" <--whatever that means

Will now be considered as a national security issue.

"Challenges and threats that Turkey has faced and may face in the process of implementing investment, production, employment, and export oriented economic policies in line with its objectives on the solid infrastructure it has built, have been evaluated,"

"Comments, criticisms, and warnings made by both the opposition and non-governmental organisations, trade unions, academics, economics writers and commentators may be treated within this framework,"

https://ahvalnews.com/turkeys-national- ... t-economic

Lordo wrote:There is only one word to describe anybody who cannot stand their country being critisized for the wrong things they have done and it is called FASCIST.

When your country has done something wrong, you have to accept it but do not blame the people, it is the political leaders that are at fault.


half the population voted for this though, time and time again for two decades.

Finally the lights are begining to be switched on upstair. Just like Erdogan. RoC does not like to be critisized too. When Tony Angastiniotis made the film Voice of Blood critisizing RoC, he lost his job in broadcasting and was driven out of Cyprus too with death threats from your friends.

Notice the similarities?

As to Erdogan winning for 20 years. Welcome to democracy, either you believe in it or you do not. Blame those who voted for him but do not have pleasure for the suffering of those who did not vote for him.
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Re: Turkey is bankrupt

Postby Maximus » Sat Nov 27, 2021 9:02 pm

Image now that the other half of the Turkish population, who are starving and oppressed, without democracy, start a "voice of blood" against errordoagain and his goonies.

Is there any similarity? Are the lights on upstairs re bordokefalo?
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Re: Turkey is bankrupt

Postby repulsewarrior » Sat Nov 27, 2021 10:18 pm

...on the beaches here in Cyprus, and on the streets in Turkey, he is begging for it. A voice, the People, who want change and who question (his) Authority.

So far, on both counts, those he sees silenced remain silent; not yet, too far: but things do not stay the same forever.
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