The Best Cyprus Community

Skip to content


Turkey is bankrupt

Feel free to talk about anything that you want.

Re: Turkey is bankrupt

Postby Get Real! » Fri Jun 17, 2022 1:46 pm

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!

:lol: :lol: :lol:
User avatar
Get Real!
Forum Addict
Forum Addict
 
Posts: 48300
Joined: Mon Feb 26, 2007 12:25 am
Location: Nicosia

Re: Turkey is bankrupt

Postby Lordo » Fri Jun 17, 2022 2:26 pm

Get Real! wrote: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!

:lol: :lol: :lol:

I can assure you not when it applies to him.
User avatar
Lordo
Leading Contributor
Leading Contributor
 
Posts: 18406
Joined: Wed Oct 05, 2011 2:13 pm
Location: softalar, banana republic

Re: Turkey is bankrupt

Postby Get Real! » Fri Jun 17, 2022 2:43 pm

Lordo wrote:
Get Real! wrote: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!

:lol: :lol: :lol:

I can assure you not when it applies to him.

Two sets of rules, they call it! :wink:
User avatar
Get Real!
Forum Addict
Forum Addict
 
Posts: 48300
Joined: Mon Feb 26, 2007 12:25 am
Location: Nicosia

Re: Turkey is bankrupt

Postby Maximus » Fri Jun 17, 2022 2:55 pm

Lordo wrote:
Get Real! wrote: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!

:lol: :lol: :lol:

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? :D
Maximus
Main Contributor
Main Contributor
 
Posts: 7240
Joined: Wed Aug 10, 2011 7:23 pm

Re: Turkey is bankrupt

Postby Get Real! » Fri Jun 17, 2022 2:59 pm

Maximus wrote:
Lordo wrote:
Get Real! wrote: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!

:lol: :lol: :lol:

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? :D

Re vromoleshi! :lol:
User avatar
Get Real!
Forum Addict
Forum Addict
 
Posts: 48300
Joined: Mon Feb 26, 2007 12:25 am
Location: Nicosia

Re: Turkey is bankrupt

Postby Maximus » Fri Jun 17, 2022 3:03 pm

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.
Maximus
Main Contributor
Main Contributor
 
Posts: 7240
Joined: Wed Aug 10, 2011 7:23 pm

Re: Turkey is bankrupt

Postby Lordo » Fri Jun 17, 2022 4:09 pm

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.
User avatar
Lordo
Leading Contributor
Leading Contributor
 
Posts: 18406
Joined: Wed Oct 05, 2011 2:13 pm
Location: softalar, banana republic

Re: Turkey is bankrupt

Postby DT. » Fri Jun 17, 2022 4:31 pm

Lordo wrote: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?
User avatar
DT.
Leading Contributor
Leading Contributor
 
Posts: 12679
Joined: Sun Nov 12, 2006 8:34 pm
Location: Lefkosia

Re: Turkey is bankrupt

Postby Maximus » Fri Jun 17, 2022 4:40 pm

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
Main Contributor
Main Contributor
 
Posts: 7240
Joined: Wed Aug 10, 2011 7:23 pm

Re: Turkey is bankrupt

Postby Maximus » Fri Jun 17, 2022 4:45 pm

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?
Maximus
Main Contributor
Main Contributor
 
Posts: 7240
Joined: Wed Aug 10, 2011 7:23 pm

PreviousNext

Return to General Chat

Who is online

Users browsing this forum: No registered users and 1 guest