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Turkey is bankrupt

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Re: Turkey is bankrupt

Postby Lordo » Sat Jul 29, 2023 11:36 am

Kikapu wrote:
MR-from-NG wrote:
Kikapu wrote:
erolz66 wrote:
Kikapu wrote:
erolz66 wrote:
Kikapu wrote:
erolz66 wrote:
Its 140 now ;)


RR still rising 150+ :wink:


made 190 today


That is very good. I must confess that I haven’t paid too much attention on the stock the last few weeks. :oops:


I tipped RR as a 'steal' back on 8th Aug 22 when share price was around £83 per share. Less than 12 months later and price is around £190 per share. Just saying.


Yes you did, Erol, and the stock went down to £0.67 a month later. It is very difficult to grab a “falling knife”!

Sometimes it works out to grab the stock as it is falling and sometimes it is not. In this case,! it would have been a good grab:wink:

I like that saying. I hope an opportunity will present itself for me to use it in one of my exchanges with RW :lol: :lol: :lol:
@RW, mate please stop smoking that shit, it really is damaging you. It may not be too late. STOP NOW!!!!!


Well, the correct expression is “catching a falling knife”, otherwise you are likely to be corrected by LR! :D

He is at his most dangerous when he is armed with his mop. Keep away from LR is all I can say. You never know when he will swoop on you riding his mop handle.



Going back to this shares business, you may make some money one day and lost the next. I prefer money which is guaranteed by my labour. I will do something and get paid for it. Nobody is cheated out of anything. It is a win win. The idea of share dealings to make money is costly to some others at some point. If nobody else, the workers working for that organisation as the share owners get better treatment than those who produce for the organisation and in my book that is a sin. And I am not even religous.
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Re: Turkey is bankrupt

Postby Kikapu » Sat Jul 29, 2023 2:13 pm

Lordo wrote:
Kikapu wrote:
MR-from-NG wrote:
Kikapu wrote:
erolz66 wrote:
Kikapu wrote:
erolz66 wrote:
Kikapu wrote:
erolz66 wrote:
Its 140 now ;)


RR still rising 150+ :wink:


made 190 today


That is very good. I must confess that I haven’t paid too much attention on the stock the last few weeks. :oops:


I tipped RR as a 'steal' back on 8th Aug 22 when share price was around £83 per share. Less than 12 months later and price is around £190 per share. Just saying.


Yes you did, Erol, and the stock went down to £0.67 a month later. It is very difficult to grab a “falling knife”!

Sometimes it works out to grab the stock as it is falling and sometimes it is not. In this case,! it would have been a good grab:wink:

I like that saying. I hope an opportunity will present itself for me to use it in one of my exchanges with RW :lol: :lol: :lol:
@RW, mate please stop smoking that shit, it really is damaging you. It may not be too late. STOP NOW!!!!!


Well, the correct expression is “catching a falling knife”, otherwise you are likely to be corrected by LR! :D

He is at his most dangerous when he is armed with his mop. Keep away from LR is all I can say. You never know when he will swoop on you riding his mop handle.



Going back to this shares business, you may make some money one day and lost the next. I prefer money which is guaranteed by my labour. I will do something and get paid for it. Nobody is cheated out of anything. It is a win win. The idea of share dealings to make money is costly to some others at some point. If nobody else, the workers working for that organisation as the share owners get better treatment than those who produce for the organisation and in my book that is a sin. And I am not even religous.


Most of what you say is true, Lordo. Playing the market is no different than serious gambling or as simple as buying a lottery ticket, which some will make money and some will lose, but in the end, it all ends up in a wash. :wink:

Money is a tool to be used, and when someone has more money to spend regardless from which source the money came from, they tend to spend more, and that money works itself down the line to others in one form or the other, which benefit them also, and I’m not talking about Ronald Reagan’s trickledown economics policy, but the theory is similar. :wink:
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Re: Turkey is bankrupt

Postby Lordo » Sat Jul 29, 2023 4:26 pm

Kikapu wrote:
Lordo wrote:
Kikapu wrote:
MR-from-NG wrote:
Kikapu wrote:
erolz66 wrote:
Kikapu wrote:
erolz66 wrote:
Kikapu wrote:
erolz66 wrote:
Its 140 now ;)


RR still rising 150+ :wink:


made 190 today


That is very good. I must confess that I haven’t paid too much attention on the stock the last few weeks. :oops:


I tipped RR as a 'steal' back on 8th Aug 22 when share price was around £83 per share. Less than 12 months later and price is around £190 per share. Just saying.


Yes you did, Erol, and the stock went down to £0.67 a month later. It is very difficult to grab a “falling knife”!

Sometimes it works out to grab the stock as it is falling and sometimes it is not. In this case,! it would have been a good grab:wink:

I like that saying. I hope an opportunity will present itself for me to use it in one of my exchanges with RW :lol: :lol: :lol:
@RW, mate please stop smoking that shit, it really is damaging you. It may not be too late. STOP NOW!!!!!


Well, the correct expression is “catching a falling knife”, otherwise you are likely to be corrected by LR! :D

He is at his most dangerous when he is armed with his mop. Keep away from LR is all I can say. You never know when he will swoop on you riding his mop handle.



Going back to this shares business, you may make some money one day and lost the next. I prefer money which is guaranteed by my labour. I will do something and get paid for it. Nobody is cheated out of anything. It is a win win. The idea of share dealings to make money is costly to some others at some point. If nobody else, the workers working for that organisation as the share owners get better treatment than those who produce for the organisation and in my book that is a sin. And I am not even religous.


Most of what you say is true, Lordo. Playing the market is no different than serious gambling or as simple as buying a lottery ticket, which some will make money and some will lose, but in the end, it all ends up in a wash. :wink:

Money is a tool to be used, and when someone has more money to spend regardless from which source the money came from, they tend to spend more, and that money works itself down the line to others in one form or the other, which benefit them also, and I’m not talking about Ronald Reagan’s trickledown economics policy, but the theory is similar. :wink:

No doubt some people spend their money they earn from share dealings and that does trickle down but most of it ends up in tax heavens. They are just parasites sucking the blood out of the working mans hard work.
Look at what Thames water has been doing. They have not given their workers a decent pay rise since 2010 but they built up 14 billion debt distributing it between their shareholders.

It is disgusting. May Thatcher burn in hell if indeed it does exist.
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Re: Turkey is bankrupt

Postby Kikapu » Sat Jul 29, 2023 4:43 pm

Lordo wrote:
Kikapu wrote:
Lordo wrote:
Going back to this shares business, you may make some money one day and lost the next. I prefer money which is guaranteed by my labour. I will do something and get paid for it. Nobody is cheated out of anything. It is a win win. The idea of share dealings to make money is costly to some others at some point. If nobody else, the workers working for that organisation as the share owners get better treatment than those who produce for the organisation and in my book that is a sin. And I am not even religous.


Most of what you say is true, Lordo. Playing the market is no different than serious gambling or as simple as buying a lottery ticket, which some will make money and some will lose, but in the end, it all ends up in a wash. :wink:

Money is a tool to be used, and when someone has more money to spend regardless from which source the money came from, they tend to spend more, and that money works itself down the line to others in one form or the other, which benefit them also, and I’m not talking about Ronald Reagan’s trickledown economics policy, but the theory is similar. :wink:

No doubt some people spend their money they earn from share dealings and that does trickle down but most of it ends up in tax heavens. They are just parasites sucking the blood out of the working mans hard work.
Look at what Thames water has been doing. They have not given their workers a decent pay rise since 2010 but they built up 14 billion debt distributing it between their shareholders.

It is disgusting. May Thatcher burn in hell if indeed it does exist.


Well, tax heavens are instituted by the politicians in the government to protect the corporations and the super rich who are major donors to them. These are the politicians average Joe votes for them and then they get kicked in the head by these cunts. :twisted:
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Re: Turkey is bankrupt

Postby Lordo » Sat Jul 29, 2023 11:03 pm

There is a formula behind it all. The corporations in the accountancy field advise the government on tax policies and then knowing them in great detail, they then advise other corporations' how to evade tax.

They all deserve a fair trial.
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Re: Turkey is bankrupt

Postby erolz66 » Sun Jul 30, 2023 9:35 am

Lordo wrote:Going back to this shares business, you may make some money one day and lost the next. I prefer money which is guaranteed by my labour. I will do something and get paid for it. Nobody is cheated out of anything. It is a win win. The idea of share dealings to make money is costly to some others at some point. If nobody else, the workers working for that organisation as the share owners get better treatment than those who produce for the organisation and in my book that is a sin. And I am not even religous.


Income from 'honest labour' vs unearned income. For me that is a no brainer. The entire benefit of unearned income is that it does not have to be earned. Least that is how I see it.

As for 'honest labour' there is no such thing. Exploitation of labour is as old as slavery. As long as labour is the sole means to sustains ones life there will be those exploiting that labour. Hence the term 'wage slave'. I have done the whole 'sell your labour to the highest bidder' thing and I was not impressed. Nor am I impressed by the whole puritanical 'work ethic'. That is just propaganda for the 'more things well earned will make you happier' myth. To work is to consume. To work harder is to consume harder. We need less pursuit of ever increasing consumption and therefore we need less work 'ethic' not more.

I just seek to live a life simple enough that the aspiration of meeting my daily needs via income that I have not had to earn via selling (prostituting) my labour, is a realistic one. Call me a sinner if you like.
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Re: Turkey is bankrupt

Postby Lordo » Sun Jul 30, 2023 10:43 am

erolz66 wrote:
Lordo wrote:Going back to this shares business, you may make some money one day and lost the next. I prefer money which is guaranteed by my labour. I will do something and get paid for it. Nobody is cheated out of anything. It is a win win. The idea of share dealings to make money is costly to some others at some point. If nobody else, the workers working for that organisation as the share owners get better treatment than those who produce for the organisation and in my book that is a sin. And I am not even religous.


Income from 'honest labour' vs unearned income. For me that is a no brainer. The entire benefit of unearned income is that it does not have to be earned. Least that is how I see it.

As for 'honest labour' there is no such thing. Exploitation of labour is as old as slavery. As long as labour is the sole means to sustains ones life there will be those exploiting that labour. Hence the term 'wage slave'. I have done the whole 'sell your labour to the highest bidder' thing and I was not impressed. Nor am I impressed by the whole puritanical 'work ethic'. That is just propaganda for the 'more things well earned will make you happier' myth. To work is to consume. To work harder is to consume harder. We need less pursuit of ever increasing consumption and therefore we need less work 'ethic' not more.

I just seek to live a life simple enough that the aspiration of meeting my daily needs via income that I have not had to earn via selling (prostituting) my labour, is a realistic one. Call me a sinner if you like.

Unearned income has at it's foundations exploiting labour/slavery as you put it.

There is another way. It is called honest days work with an honest days pay.

https://www.cbsnews.com/news/dan-price-gravity-payments-ceo-70000-employee-minimum-wage/

It does work and it makes all workers' lives better at work and at home.

There is a new drive now to reduce work days to 4 days. Of course there are those who will say it does not work. The very same type of people sad the same thing when the hours per day weeks reduced from 18 hours a day to 8 hours a day and number of days were reduced from 7 to 6 and then 5 days a week.

I wonder how much do you need to invest to earn enough to live on it or even perhaps supplement your pension?

Not that I would ever consider it.

I would sooner employ people and produce something to sell and pay everybody the same money including myself. That's the way to go forward.

It is a new buzzword, it is called sustainable development.
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Re: Turkey is bankrupt

Postby Kikapu » Sun Jul 30, 2023 2:07 pm

Lordo wrote:
erolz66 wrote:
Lordo wrote:Going back to this shares business, you may make some money one day and lost the next. I prefer money which is guaranteed by my labour. I will do something and get paid for it. Nobody is cheated out of anything. It is a win win. The idea of share dealings to make money is costly to some others at some point. If nobody else, the workers working for that organisation as the share owners get better treatment than those who produce for the organisation and in my book that is a sin. And I am not even religous.


Income from 'honest labour' vs unearned income. For me that is a no brainer. The entire benefit of unearned income is that it does not have to be earned. Least that is how I see it.

As for 'honest labour' there is no such thing. Exploitation of labour is as old as slavery. As long as labour is the sole means to sustains ones life there will be those exploiting that labour. Hence the term 'wage slave'. I have done the whole 'sell your labour to the highest bidder' thing and I was not impressed. Nor am I impressed by the whole puritanical 'work ethic'. That is just propaganda for the 'more things well earned will make you happier' myth. To work is to consume. To work harder is to consume harder. We need less pursuit of ever increasing consumption and therefore we need less work 'ethic' not more.

I just seek to live a life simple enough that the aspiration of meeting my daily needs via income that I have not had to earn via selling (prostituting) my labour, is a realistic one. Call me a sinner if you like.

Unearned income has at it's foundations exploiting labour/slavery as you put it.

There is another way. It is called honest days work with an honest days pay.

https://www.cbsnews.com/news/dan-price-gravity-payments-ceo-70000-employee-minimum-wage/

It does work and it makes all workers' lives better at work and at home.

There is a new drive now to reduce work days to 4 days. Of course there are those who will say it does not work. The very same type of people sad the same thing when the hours per day weeks reduced from 18 hours a day to 8 hours a day and number of days were reduced from 7 to 6 and then 5 days a week.

I wonder how much do you need to invest to earn enough to live on it or even perhaps supplement your pension?

Not that I would ever consider it.

I would sooner employ people and produce something to sell and pay everybody the same money including myself. That's the way to go forward.

It is a new buzzword, it is called sustainable development.


That is a great story which goes against the “values” of Capitalism. :wink:

Then again, Seattle/Washington State is a bit of a Peacenik City/State! :wink:
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Re: Turkey is bankrupt

Postby repulsewarrior » Fri Feb 09, 2024 1:11 am

...a new boss at the Central Bank,

https://finance.yahoo.com/news/turkeys- ... 42038.html

Karahan replaced Hafize Gaye Erkan on Saturday, hours after she resigned saying she needed to protect her family amid a "reputation assassination".

In his first remarks after his appointment, Karahan said the priority was price stability, and that he would continue efforts to ensure disinflation, relying on a strong team.

"We will be watchful of inflation expectations and pricing behaviour. We stand ready to act in case of any deterioration in the inflation outlook," Karahan said in a written statement.

Karahan, 42, has a University of Pennsylvania economics PhD and worked as an economist at the Federal Reserve Bank of New York for almost a decade, according to his biography.
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Re: Turkey is bankrupt

Postby Lordo » Fri Feb 09, 2024 6:09 pm

Is Terggey still going? I thought they had gone bankrupt years ago.
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