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Turkey is bankrupt

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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..
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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.
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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.
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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
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Re: Turkey is bankrupt

Postby Maximus » Sun Nov 28, 2021 9:39 pm

yeah yeah yeah,
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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.

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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.
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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?
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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:
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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.
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