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Turkish Politics & Internal Affairs

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If a theory is proven wrong, then it can no longer remain as a theory.

The fact that it still is a theory proves that it has not been able to be disproven by anyone or anything yet.

It is not a theory. Only a lie without scientific reference.
 
Its more like liberalism. They impose and force other countries to teach people what to do, what to think, what to feel and they cover this up with civilization, democracy, freedom of speech etc.
 
Do you mean "took over" as in a year ago or by when Erdo was first elected to national office?

Then you heard wrong, I guess:

turkey-external-debt.png



More: link1, link2

I was talking about IMF debt. The other debts peanuts too.
 
I was talking about IMF debt. The other debts peanuts too.
A blatant lie simple as that, as of now private debts of Turkey reached 160% of GDP.

turkey-private-debt-to-gdp.png


This is mostly private sector but the same is the case in private homes, people have 3-4 credit cards paying debts of one with another who are you trying to fool?


And this is the forecast...

turkey-private-debt-to-gdp-forecast.png
 
A blatant lie simple as that, as of now private debts of Turkey reached 160% of GDP.

turkey-private-debt-to-gdp.png


This is mostly private sector but the same is the case in private homes, people have 3-4 credit cards paying debts of one with another who are you trying to fool?


And this is the forecast...

turkey-private-debt-to-gdp-forecast.png

So your f*cked?
 
So your f*cked?
Economic outlook doesnt look very good, the economy shrank on dollar basis but they tell people we grew 5% which is in lira basis without considering the 10% inflation and lira devaluation, so yeah basically as you said.
 
Economic outlook doesnt look very good, the economy shrank on dollar basis but they tell people we grew 5% which is in lira basis without considering the 10% inflation and lira devaluation, so yeah basically as you said.

I do hope your wrong. Debt isn't the be all and end all, most of the "rich west" rides on debt.
 
I do hope your wrong. Debt isn't the be all and end all, most of the "rich west" rides on debt.
I'd hope i was wrong too but someone actually posted goverment figures here last month or so, you could clearly see how GDP in dollar basis shrank since 2015.
And as others pointed out the rich west doesnt pay 10% interest rates for its debts and yeah they are rich so they can afford their debts, Turkey not so much thats why goverment is trying to keep it low because debt for Turkey is a lot more expensive than lets say for Germany.

Edit: here since 2014 actually, notice the GDP and GDP per capita on Dollar basis, this is goverment source...

brBR2j.jpg
 
They ride on debt but they are already developed and fully industrialized countries with GDP per capita of at least 35-40$k which is like 4 times more than that of Turkey. They have much more assets, bigger exports per capita, innovative economies, better educated work force.
But it's okay though... no matter how big inflation is or how fast the Lira devaluates. No matter how big interest rates on loans are... it's never Erdogan's and AKP's fault. Even if Turkish economy pops like a balloon and crashes down it will be all a fault of the Europeans, the Americans and their Jewish masters+ FETO and the Interest lobby.
The saddest part is that millions of (dumb) people will believe it.
 
Even if Turkish economy pops like a balloon and crashes down it will be all a fault of the Europeans, the Americans and their Jewish masters+ FETO and the Interest lobby.
The saddest part is that millions of (dumb) people will believe it.
Thats exactly whats gonna happen watch and see, they wont accept any criticizm on the goverment.
 
Thats exactly whats gonna happen watch and see, they wont accept any criticizm on the goverment.

Today it's all over the media that Germany is planning to take measures against Turkey because of a german human rights activist arrested on terror charges in a Buyukada hotel... guy is said to be planning a new Gezi like protests or something (some people are really afraid of that I guess lol).

Measures will include advising german tourists not to visit Turkey.
Advising german investors not to invest in Turkey and stop giving guarantees on their investments there meaning Turkey is no longer a country safe enough to invest your money to.
Working to stop all pre accession funding for Turkey from the EU.

More will probably follow and more European countries will be happy to join for sure.

https://www.dailysabah.com/eu-affairs/2017/07/20/germany-to-review-ties-with-turkey-fm-gabriel-says
 
Berlin to change policy towards Turkey as German citizen is held

Philip Oltermann in Berlin

Thursday 20 July 2017 12.33 BSTLast modified on Thursday 20 July 2017 13.13 BST

Germany’s foreign minister has announced a significant “reorientation” of its policy towards Turkey after a human rights activist became the latest German citizen to be detained for alleged terrorist activity.

“We need our policies towards Turkey to go in a new direction ... we can’t continue as we have done until now,” Sigmar Gabriel told reporters at a press conference in Berlin on Thursday. “We need to be clearer than we have been until now so those responsible in Ankara understand that such policies are not without consequences.”

Berlin has issued new travel warnings of risks in Turkey for German tourists, and Gabriel said his government could no longer guarantee German corporate investment in Turkey after President Recep Tayyip Erdoğan’s government accused several companies including Daimler and BASF of ties to the movement of his political enemy Fethullah Gülen.

Gabriel also said he could not envisage talks on expanding the customs union to Turkey and would talk to other EU leaders about reviewing pre-accession funds being offered to Turkey.

The announcement marks a further deterioration of increasingly strained relations between the two countries.

Six people, including German human rights consultant Peter Steudtner and Amnesty International’s country director, Idil Eser, are awaiting trial in Turkey for allegedly aiding a terror group.

The Turkey correspondent of the German broadsheet Die Welt, Deniz Yücel, has been detained on charges of propaganda in support of a terrorist organisation since February. Pre-trial detention in Turkey can last for up to five years.

The German chancellor, Angela Merkel, views the series of measures announced by Gabriel as “necessary and unavoidable”, her spokesman said in a tweet.
Reacting to the measures, Erdoğan’s spokesman said the two countries had “good relations”.
“It is not possible for us to accept statements aiming to blur the economic environment based on political motivation, we hope they turn back from this,” Ibrahim Kalin told a news conference in Ankara.

Some leading political figures in Germany accuse Erdoğan of gathering “political hostages” in an attempt to force Germany to hand over two high-ranking Turkish generals involved in last year’s failed coup who have applied for asylum in Frankfurt.

“Deniz Yücel and Peter Steudtner are being traded as political hostages,” said German Green party co-chair Cem Özdemir. “The government must no longer be ordered around.” A spokesperson at the German foreign office on Wednesday ruled out the possibility of a swap deal.

The foreign office’s travel warning states that Turkey had breached its international commitments by denying consular access to German citizens on pre-trial arrest. Even people travelling to Turkey for short trips are therefore advised to register themselves with the consulate or embassy ahead of their trip.

Turkey has described Germany’s demand for the release of human rights activist Steudtner as unacceptable and an attempt to interfere with the Turkish judiciary.

In a statement published on Thursday, Turkey’s foreign ministry said it has kept Germany’s chargé d’affaires in Ankara informed of Steudtner’s case, adding, “the independent Turkish judiciary must be trusted”.

The ministry said statements by the spokesmen for the German chancellor and foreign ministry constituted “diplomatic rudeness” and said the judiciary cannot be instructed or counselled by anyone.

The foreign ministry accused Germany of a “double standard”, saying it harbours members of terror groups and prevents their trial.
https://www.theguardian.com/world/2...licy-towards-turkey-as-german-citizen-is-held
 
Deliorman and Co. checking out their crystal balls and predicting a doomsday scenario for Turkey and Turkish economy. :bounce:
 
what happens if turkey gets kiked out of customs union? @Bismarck @Deliorman @xenon54 . From what i understand the customs union is heavily in favor of EU also a huge reason why turkey has a huge trade deficit with countries in the east.
 

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