The EU will be reborn with Turkey | Columns | Daily Sabah
Nowadays, the contours of the 21st century are becoming clear as the burden of Germany's Fourth Reich is being removed from the shoulders of Europe. The most obvious indicator of this is that the European Central Bank (ECB) has launched a monetary expansion despite Germany, the U.S. and U.K. giving a hint during the recent NATO Summit that they would more strongly support Turkey's new strategy regarding the energy fields in the Middle East, Caspian region and Caucasia. The U.K. and U.S. have now acknowledged that the EU cannot respond to Russia's new expansion strategy in its current situation. It is of crucial importance that the Southern Gas Corridor, which is under the helm of Turkey, comes into effect soon against the will of Russia . However, only when Russia annexed Crimea did the U.S. and U.K. fathom this reality.
Here is what will follow the ECB'S monetary expansion decision and the NATO Summit: Firstly, the increased liquidity in the eurozone will go beyond the European area and capital realization will occur considerably in Turkey. It is possible to say that Turkey's economy enters a very advantageous period in terms of short and long-term capital inflow. Secondly, if we take Turkey's high interest rate into consideration, we can say that the euro will turn into trade currency for Turkey. Thus, Turkey will not only export commodities to Europe, but it will also initiate capital-intensive exports to Europe soon. The fact that the Southern Gas Corridor, expected to be operating soon, will turn into a more comprehensive energy pathway will lead a shift in the energy market and pricing toward the Caspian region through Turkey. Then, the acceleration of commodities and the capital trade cycle as well as energy integration between Europe and Turkey will lend impetus to Turkey's membership process to the EU. However, this is not a new problem. Russia's strategy of expansion through Turkey resulted in the Crimean War 160 years ago, when Russia wanted to do what it has recently done in Crimea, against the Ottoman Empire in 1853.
Friedrich Engels said in one of his editorials in the New York Daily Tribune in 1853 that the time when the Crimean War broke out, the U.K. was increasing its proportion of exports to the Ottoman Empire and at least two-thirds of these exports were made though the Black Sea and Istanbul. In line with this, Engels noted that the Bosporus and Dardanelles were crucial trade routes which Europe wanted. He also stated that the U.K. should not allow Russia to expand through Ottoman territory. Today, Russia does not take a different line from what it did in 1853. However, the U.S. and U.K. have to behave differently than they did in 1853. At that time, these two countries pretended to side with the Ottoman Empire during Crimean War, thus Russia could not achieve its target. However, this did not prevent the Ottoman Empire from taking a major blow in the war, which led to its disintegration.Now, it has turned the other way around and Turkey is much stronger than the Ottoman Empire was in 1853. Now, Turkey is well aware of the significance of energy fields and markets it possesses. What is more important than this is that the West needs Turkey to benefit from these opportunities.
Now, the ECB's monetary expansion will reshape the economic relations between the EU and Turkey. Moreover, Iraqi (Mosul, Kirkuk and Basra), Caspian, Caucasian and Iranian resources will reach Europe through Turkey. This is one of the largest trade and economic integrations of the 21st century, as well as a new EU which is the only alternative to Russia's Eurasia project. Turkey will not reiterate the mistakes it made in and after 1853; but if it does repeat them, this does not mean regression and loss for Turkey alone; it will also affect the EU, the U.S. and the U.K. It appears that we will see a new EU at the end of the first quarter of the 21st century, which means a new expansion perspective that will start from Turkey.
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turkey's attitude in the nato summit clearly told me what turkey is up to.
so turkey has stood up to lead eu against russia ?
looks like everybody is up to building his own empire
Nowadays, the contours of the 21st century are becoming clear as the burden of Germany's Fourth Reich is being removed from the shoulders of Europe. The most obvious indicator of this is that the European Central Bank (ECB) has launched a monetary expansion despite Germany, the U.S. and U.K. giving a hint during the recent NATO Summit that they would more strongly support Turkey's new strategy regarding the energy fields in the Middle East, Caspian region and Caucasia. The U.K. and U.S. have now acknowledged that the EU cannot respond to Russia's new expansion strategy in its current situation. It is of crucial importance that the Southern Gas Corridor, which is under the helm of Turkey, comes into effect soon against the will of Russia . However, only when Russia annexed Crimea did the U.S. and U.K. fathom this reality.
Here is what will follow the ECB'S monetary expansion decision and the NATO Summit: Firstly, the increased liquidity in the eurozone will go beyond the European area and capital realization will occur considerably in Turkey. It is possible to say that Turkey's economy enters a very advantageous period in terms of short and long-term capital inflow. Secondly, if we take Turkey's high interest rate into consideration, we can say that the euro will turn into trade currency for Turkey. Thus, Turkey will not only export commodities to Europe, but it will also initiate capital-intensive exports to Europe soon. The fact that the Southern Gas Corridor, expected to be operating soon, will turn into a more comprehensive energy pathway will lead a shift in the energy market and pricing toward the Caspian region through Turkey. Then, the acceleration of commodities and the capital trade cycle as well as energy integration between Europe and Turkey will lend impetus to Turkey's membership process to the EU. However, this is not a new problem. Russia's strategy of expansion through Turkey resulted in the Crimean War 160 years ago, when Russia wanted to do what it has recently done in Crimea, against the Ottoman Empire in 1853.
Friedrich Engels said in one of his editorials in the New York Daily Tribune in 1853 that the time when the Crimean War broke out, the U.K. was increasing its proportion of exports to the Ottoman Empire and at least two-thirds of these exports were made though the Black Sea and Istanbul. In line with this, Engels noted that the Bosporus and Dardanelles were crucial trade routes which Europe wanted. He also stated that the U.K. should not allow Russia to expand through Ottoman territory. Today, Russia does not take a different line from what it did in 1853. However, the U.S. and U.K. have to behave differently than they did in 1853. At that time, these two countries pretended to side with the Ottoman Empire during Crimean War, thus Russia could not achieve its target. However, this did not prevent the Ottoman Empire from taking a major blow in the war, which led to its disintegration.Now, it has turned the other way around and Turkey is much stronger than the Ottoman Empire was in 1853. Now, Turkey is well aware of the significance of energy fields and markets it possesses. What is more important than this is that the West needs Turkey to benefit from these opportunities.
Now, the ECB's monetary expansion will reshape the economic relations between the EU and Turkey. Moreover, Iraqi (Mosul, Kirkuk and Basra), Caspian, Caucasian and Iranian resources will reach Europe through Turkey. This is one of the largest trade and economic integrations of the 21st century, as well as a new EU which is the only alternative to Russia's Eurasia project. Turkey will not reiterate the mistakes it made in and after 1853; but if it does repeat them, this does not mean regression and loss for Turkey alone; it will also affect the EU, the U.S. and the U.K. It appears that we will see a new EU at the end of the first quarter of the 21st century, which means a new expansion perspective that will start from Turkey.
------------------------------------------
turkey's attitude in the nato summit clearly told me what turkey is up to.
so turkey has stood up to lead eu against russia ?
looks like everybody is up to building his own empire
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