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The inflation of 2017 was considered in 2017? How so? Bending space and time near a black hole?
At least Erdo gets richer. His family is so corrupt you couldnt imagine. His wife alone is connected to money laundry worth 9 billion $. Who cares how the average turk fares, when Erdo gets richer.
No major difference in previous year, the inflation rate is about the same since a couple years now.The inflation of 2017 was considered in 2017? How so? Bending space and time near a black hole?
The inflation of 2017 was considered in 2017? How so? Bending space and time near a black hole?
At least Erdo gets richer. His family is so corrupt you couldnt imagine. His wife alone is connected to money laundry worth 9 billion $. Who cares how the average turk fares, when Erdo gets richer.
2017 has been good so far The lira is gaining momentum, as for those two who seems to hate Turkey no matter what. i know what to do with those kind of guys leave it to me. i'm not going to be a politicaly correct for them.Let's just agree to disagree... I know that for those Turks who are against Erdogan and for the foreigners ( like Markus and Flamerescu) who just hate Turkey it doesn't matter how much we grow- for them it will be a bad result no matter what. On the other hand for those who like Erdogan 2.9% is a great result which it isn't. The truth is always in the middle.
One thing I know for sure is that the last year could have much worse and at the same time it could have been much better... For me 2016 (+ the second half of 2015) was just a lost year for the Turkish economy because 2,9% is far below our true potential of 6-7% annually. On the other hand if we consider how turbulent was the last year for us (terror, the coup, the Russian embargo, the civil wars in Syria and Iraq, the low oil prices which lead to some economic problems in most of our trading partners in the Arab World and Central Asia) it's surprizing that we have any growth at all. So many countries in similar circumstances like these would have just collapsed so don't panic guys. I know that in some sectors of the economy they had a tough year, in others though things were going fine so let's just hope that this year will be better for all.
100% true. Thanks for this balanced analysis.Let's just agree to disagree... I know that for those Turks who are against Erdogan and for the foreigners ( like Markus and Flamerescu) who just hate Turkey it doesn't matter how much we grow- for them it will be a bad result no matter what. On the other hand for those who like Erdogan 2.9% is a great result which it isn't. The truth is always in the middle.
One thing I know for sure is that the last year could have much worse and at the same time it could have been much better... For me 2016 (+ the second half of 2015) was just a lost year for the Turkish economy because 2,9% is far below our true potential of 6-7% annually. On the other hand if we consider how turbulent was the last year for us (terror, the coup, the Russian embargo, the civil wars in Syria and Iraq, the low oil prices which lead to some economic problems in most of our trading partners in the Arab World and Central Asia) it's surprizing that we have any growth at all. So many countries in similar circumstances like these would have just collapsed so don't panic guys. I know that in some sectors of the economy they had a tough year, in others though things were going fine so let's just hope that this year will be better for all.
Most of them are developed economies already.
Japan is a fully developed economy,1 % per Japan means alot more than 2.9% for Turkey,you can t compare it.Plus,the devaluation of the lira makes the growth even more meaningless.
@era_shield
Let's just agree to disagree... I know that for those Turks who are against Erdogan and for the foreigners ( like Markus and Flamerescu) who just hate Turkey it doesn't matter how much we grow- for them it will be a bad result no matter what. On the other hand for those who like Erdogan 2.9% is a great result which it isn't. The truth is always in the middle.
One thing I know for sure is that the last year could have been much worse and at the same time it could have been much better... For me 2016 (+ the second half of 2015) was just a lost year for the Turkish economy because 2,9% is far below our true potential of 6-7% annually. On the other hand if we consider how turbulent was the last year for us (terror, the coup, the Russian embargo, the civil wars in Syria and Iraq, the low oil prices which lead to some economic problems in most of our trading partners in the Arab World and Central Asia) it's surprizing that we have any growth at all. So many countries in similar circumstances like these would have just collapsed so don't panic guys. I know that in some sectors of the economy they had a tough year, in others though things were going fine so let's just hope that this year will be better for all.
This is how the topic already started with a center view. You just repeated the topic and brought it back into the middle that's great.
Now look back and find out where, how and why it got messed up.
We need 5% growth at least but 2.9% not bad considering what happens in 2016.
Our economy is more important than anything else, that should be top priority in general.
You dont know what hyper inflation is do you?lol yeah you have this hyper inflation since a couple of years?
Are you happy with 10%+ Inflation rates and shrinking living standards combined with economic implosion?
Btw Reuters said that even this puny 2.9% rate was bought from massive debt
You dont know what hyper inflation is do you?
Why dont you just shut up on stuff you have no clue about for once?