Turkey's Economy Keeps Expanding ( Despite All )

[Baybars Han]

i would also like to know what the net worth of erdogans family and extended family is.

Atleast 1 billion dollars.

If we cut the tap on dictators spending spree we can probably save atleast 3-4 billion a year.

Erdoğan has like 60 advisors. They get like 40.000tl each month.

He increases ministers in like 2010 to like 20+, probably most in the world. Every minister has cars worth 500,000tl.

He built a palace for like 1 billion.

He made his son a billionaire.

 

[ValerioAurelius]

Atleast 1 billion dollars.

If we cut the tap on dictators spending spree we can probably save atleast 3-4 billion a year.

Erdoğan has like 60 advisors. They get like 40.000tl each month.

He increases ministers in like 2010 to like 20+, probably most in the world. Every minister has cars worth 500,000tl.

He built a palace for like 1 billion.

He made his son a billionaire.

I have a question, was it reported in Turkey that Erdogan, his son and wife are subject of massive money laundry crimes in Italy?

 

[Orez]

When a country has economic downtime the usual way to deal with it is start mega construction projects and spending money you don't have by borrowing.

This is only bad if the country don't need the mego construction. But in Turkey the 3 bridge, aeroport, canal....are necessary thing.
And the bigger project will come next is Istambul reconstruction, bigger than all the other project together, but still necessaire to prepare Istambul against the big eathquake that will come sooner or latter.

 

[anatolia]

Since 2011 we are getting poorer and poorer while erdoğan and ministers is getting richer by 20 fold.

go sell your cheap propaganda in Iran ..i know this country 15 years ago..

 

[Saithan]

go sell your cheap propaganda in Iran ..i know this country 15 years ago..

Why don't you use real arguments to counter what Baybars write ?

 

[Baybars Han]

Let me tell everyone how erdoğan tricks these poor uneducated Yobaz villagers.

He knows because they can't remember more than 2 days ago, he's speeches are always the same. It's the same thing over and over and he does this by screaming.

We built bridges, our economy tripled, we had imf debt 25 billion now that's paid so these poor uneducated Yobaz think that oh look how much we developed. Obviously these villagers are too stupid to know what inflation is, what gdp is, how much the economy was growing in the 15 years before akp etc.

From 1987 to 2002 the economy grew as much as akp era. = nothing successful

Since 2012 our gdp has not grown in real terms, in fact it probably smaller. = terrible economy

Unemployment is up the roof

Inflation is on the roof

Interest rates are sky high

Turkish lira value is on the floor

But erdoğan and his ministers keep getting richer and richer by 10 fold.


Oh BTW is something goes wrong, it's feto who they made strong, it's masons, it's interest lobby, its Europe because they are jealous of us,

 

[Oublious]

Let me tell everyone how erdoğan tricks these poor uneducated Yobaz villagers.

He knows because they can't remember more than 2 days ago, he's speeches are always the same. It's the same thing over and over and he does this by screaming.

We built bridges, our economy tripled, we had imf debt 25 billion now that's paid so these poor uneducated Yobaz think that oh look how much we developed. Obviously these villagers are too stupid to know what inflation is, what gdp is, how much the economy was growing in the 15 years before akp etc.

From 1987 to 2002 the economy grew as much as akp era. = nothing successful

Since 2012 our gdp has not grown in real terms, in fact it probably smaller. = terrible economy

Unemployment is up the roof

Inflation is on the roof

Interest rates are sky high

Turkish lira value is on the floor

But erdoğan and his ministers keep getting richer and richer by 10 fold.


Oh BTW is something goes wrong, it's feto who they made strong, it's masons, it's interest lobby, its Europe because they are jealous of us,

Thats look like a bankrupt country, show me a video wher we are like that.


aqm elin yavuruna ne gerek var boyleleri olduktan sonra...

 

[HannibalBarca]

Let me tell everyone how erdoğan tricks these poor uneducated Yobaz villagers.

He knows because they can't remember more than 2 days ago, he's speeches are always the same. It's the same thing over and over and he does this by screaming.

We built bridges, our economy tripled, we had imf debt 25 billion now that's paid so these poor uneducated Yobaz think that oh look how much we developed. Obviously these villagers are too stupid to know what inflation is, what gdp is, how much the economy was growing in the 15 years before akp etc.

From 1987 to 2002 the economy grew as much as akp era. = nothing successful

Since 2012 our gdp has not grown in real terms, in fact it probably smaller. = terrible economy

Unemployment is up the roof

Inflation is on the roof

Interest rates are sky high

Turkish lira value is on the floor

But erdoğan and his ministers keep getting richer and richer by 10 fold.


Oh BTW is something goes wrong, it's feto who they made strong, it's masons, it's interest lobby, its Europe because they are jealous of us,

Well same is happening in Europe or anywhere on the globe, except few... So do they all have a AKP/Erdogan like regime???
TBH it's even worst outside Turkey...

 

[Orez]

We built bridges, our economy tripled, we had imf debt 25 billion now that's paid so these poor uneducated Yobaz think that oh look how much we developed. Obviously these villagers are too stupid to know what inflation is, what gdp is, how much the economy was growing in the 15 years before akp etc.

Do you really think them so stupid ? This is not only talk which seduce them, but fact too.
My grandfather (who is emekli but still continue to farm) always tell about how the interest before AKP was absurldy hight (more than the loan itself after 1 years only) but now its become so much easy to repay.

And the interest today are still very low compared to what you say, my brother will soon buy a house in Turkey thank to the low interest today and hight Euro.

Interest rates are sky high

So 1% are sky hight ?

You exegerate too much, and think to little of the people. Nobody will believe only talk, even the villagers you think too stupid use bank to take loan and can compare it to before and after AKP.

In fact they use loan, buy good, use the hospital, the road to visit their familly in Ankara or Istambul, and can judge if Turkey's situation is better or not.

Edit :
Turkey was better in 2012, but people judge AKP since 2002 and not only 2012. Of course if Turkey continue like this, AKP will lose voter, like they lose them in the first election in 2016.

 

[HannibalBarca]

Do you really think them so stupid ? This is not only talk which seduce them, but fact too.
My grandfather (who is emekli but still continue to farm) always tell about how the interest before AKP was absurldy hight (more than the loan itself after 1 years only) but now its become so much easy to repay.

And the interest today are still very low compared to what you say, my brother will soon buy a house in Turkey thank to the low interest today.



So 1% are sky hight ?

You exegerate too much, and think to little of the people. Nobody will believe only talk, even the villagers you think too stupid use bank to take loan and can compare it to before and after AKP.

In fact they use loan, use the hospital, the road to visit their familly in Ankara or Istambul, and can judge if Turkey's situation is better or not.

Can I get this 1% loan... here it's around 5%... if you are lucky and in the good season. But mostly more around 7-8%

 

[Baybars Han]

Do you really think them so stupid ? This is not only talk which seduce them, but fact too.
My grandfather (who is emekli but still continue to farm) always tell about how the interest before AKP was absurldy hight (more than the loan itself after 1 years only) but now its become so much easy to repay.

And the interest today are still very low compared to what you say, my brother will soon buy a house in Turkey thank to the low interest today and hight Euro.



So 1% are sky hight ?

You exegerate too much, and think to little of the people. Nobody will believe only talk, even the villagers you think too stupid use bank to take loan and can compare it to before and after AKP.

In fact they use loan, buy good, use the hospital, the road to visit their familly in Ankara or Istambul, and can judge if Turkey's situation is better or not.

Edit :
Turkey was better in 2012, but people judge AKP since 2002 and not only 2012. Of course if Turkey continue like this, AKP will lose voter, like they lose them in the first election in 2016.

Unfortunately you just proved my point about uneducatedness or I think others will understand better cahillik(cahilliya)

Turkey's interest rate is 8%, EU interest rate is 0% and UK 0.25%.

Turkey inflation is 10% while eu inflation is 1%.

 

[Orez]

Turkey's interest rate is 8%,

This is what Turkish's merkez bankasi pay to take credit in international market, but Turkish people has only need to pay 1%, even less, to take credit to buy a house for exemple.

 

[Georg]

Turkey is not even close to any nation in the EU...

compare them to similar sized EU nations with roughtly ~80million citizen
means Germany

GDP (PPP)
Germany $4.0trillion
Turley $1.7trillion
GDP per captiva (PPP)
Germany $48.500
Turkey $22.100
workforce
Germany 43.5million
Turkey 30.2million
unemployment rate
Germany 3.9%
Turkey 11.8%
Exports (2016)
Germany $1.5trillion
Turkey $150billion
credit rating
Germany AAA+ with stable outlook
Turkey BBB with negative outlook
Average gross salary
Germany $47.000
Turkey $12.000
GPD groth by $
Germany $76trillion (+1.9%)
Turkey $50trillion (+2.9%)
inflation
Germany 0,5%
Turkey 10.13%
main export partners
Germany: 1. USA, 2. France, 3. UK
Turkey: 1. Germany, 2. UK, 3. Iraq
main import partners
Germany: 1. The Neatherlands, 2. France, 3. China
Turkey: 1. China, 2. Germany, 3. Russia

Turkey is not in the top50 of highly developt countrys
Turkey is not in the top50 of human development index (HDI) 72th place
Turkey is not listed in the world bank 73 nation with high income economies
Turkey is not listed in the IMF 39 advance economies
Turkey is not listed as a member of the 22 nation Paris Club

Turkey is far away from first world standarts.... next to booming Istambul there are to many poorly developt parts in Turkey

 

[Bismarck]

Turkey is not even close to any nation in the EU...

compare them to similar sized EU nations with roughtly ~80million citizen
means Germany

GDP (PPP)
Germany $4.0trillion
Turley $1.7trillion
GDP per captiva (PPP)
Germany $48.500
Turkey $22.100
workforce
Germany 43.5million
Turkey 30.2million
unemployment rate
Germany 3.9%
Turkey 11.8%
Exports (2016)
Germany $1.5trillion
Turkey $150billion
credit rating
Germany AAA+ with stable outlook
Turkey BBB with negative outlook
Average gross salary
Germany $47.000
Turkey $12.000
GPD groth by $
Germany $76trillion (+1.9%)
Turkey $50trillion (+2.9%)
inflation
Germany 0,5%
Turkey 10.13%
main export partners
Germany: 1. USA, 2. France, 3. UK
Turkey: 1. Germany, 2. UK, 3. Iraq
main import partners
Germany: 1. The Neatherlands, 2. France, 3. China
Turkey: 1. China, 2. Germany, 3. Russia

Turkey is not in the top50 of highly developt countrys
Turkey is not in the top50 of human development index (HDI) 72th place
Turkey is not listed in the world bank 73 nation with high income economies
Turkey is not listed in the IMF 39 advance economies
Turkey is not listed as a member of the 22 nation Paris Club

Turkey is far away from first world standarts.... next to booming Istambul there are to many poorly developt parts in Turkey

Source?

 

[jamal18]

I used to go to Turkey many years ago, and believe me it was in dire straits. Nothing impressive.
A Pakistani military attache wrote about the country in the 1950's ; it was behind Pakistan.

I visited a Turkey a few years ago and I couldn't believe the change. Massive skyscrapers, fantastic roads and metro systems. Since Erdogan came to power the economy has gone on Turbo charge. It is a totally different country. Look at all the figures, I believe its long term growth rate is on par with China. You have to be blind not to see that.