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  • Originally posted by Elishar View Post
    When ISIS was stealing Iraqi oil for sale to Turkey the oil did not go by meditteranean pipeline, Turkish trucks and stolen Iraqi trucks were being used to transport the stolen oil from Iraq to Turkey and no one from the west was doing much about it,so Putin from the east said I Vladimeer Vladimeerovitz Putin want those trucks Rect and they were wrecked by Russian airpower within 36 hours...FIXED...
    Complete bullshit, Turkish trucks have been feeding small FSA groups who've been fighthing against USIS(revealed as ISIS'S being of U.S, U.K and Israeli proxy paramilitary consisting of the military commanders of those countries)
    Jonathan Geffroy, French origin leader of so-called ISIS(the proxy of crusader-zionist military) who was captured by Turkish military and TFSA(Turkish-backed Free Syrian Army) military around Al-Bab, Daesh escaped from the region after suffering over 6.000 death toll against TAF & TFSA just during siege of Al-Bab and laterly chased by Bashar Assad's military towards Al-Bab shows Turkish is main reason for collapes of so-called "ISIS" the special forces of zionist-crusader proxy paramilitary terrorists.

    Jonathan Geffroy:


    Originally posted by Elishar View Post
    Libya exports oil but their pipelines do NOT cross Turkey land...

    Originally posted by Elishar View Post
    Cayman_wolvon said " Entire middle east oil pipeline and meditteranean oil pipeline is under Turkish control.."..
    Believe me,,, any oil pipeline owned by Russia is NOT under Turkey control,who says so ? Russian cruise missiles...
    Now ! meditteranean pipeline,,remind me please, this pipeline goes from where to where ?




    Comment


    • Originally posted by CaymanWolvon View Post
      Complete bullshit, Turkish trucks have been feeding small FSA groups who've been fighthing against USIS(revealed as ISIS'S being of U.S, U.K and Israeli proxy paramilitary consisting of the military commanders of those countries)
      Jonathan Geffroy, French origin leader of so-called ISIS(the proxy of crusader-zionist military) who was captured by Turkish military and TFSA(Turkish-backed Free Syrian Army) military around Al-Bab, Daesh escaped from the region after suffering over 6.000 death toll against TAF & TFSA just during siege of Al-Bab and laterly chased by Bashar Assad's military towards Al-Bab shows Turkish is main reason for collapes of so-called "ISIS" the special forces of zionist-crusader proxy paramilitary terrorists.

      Jonathan Geffroy:










      You are dreaming,,do you have any idea what these countries will do to you if you try to hamper their oil operations ?
      First you said control of oil , now you are adding gas and you have added the Israeli Egypt pipeline...Turqi controls an Israeli pipeline in Israeli territorial waters ?? Because you exist with the second largest military in NATO ???

      Comment


      • Originally posted by Elishar View Post

        You are dreaming,,do you have any idea what these countries will do to you if you try to hamper their oil operations ?

        Ahahahahahah I can't stop laughing Ahahahahah. What do they've got to stop it meanwhile they're begging Turkiye to help reconstruction of Middle East?


        Originally posted by Elishar View Post
        First you said control of oil , now you are adding gas and you have added the Israeli Egypt pipeline...Turqi controls an Israeli pipeline in Israeli territorial waters ?? Because you exist with the second largest military in NATO ???
        I didn't add gas, the map has gas pipelines too.
        Elishar I'm wondering if you gonna talk such seriously when USA leaves you alone with Iran when they leave Middle East after Turkish-Russian oppression


        Comment


        • Originally posted by CaymanWolvon View Post
          There are multiple kinds of fuel other than oil but imperialists only see oil as a fuel type, we've got electric and oil-gas(LPG) as alternative but most important we've got Meditterranean and Middle Eastern oil sources alongside pipelines passing through Turkiye. USA is escaping from Middle East as forced by Turkiye, Iran and Russia as without stealing its oil by pipelines, aussie, then what you gonna do when it doesn't have enough oil to defend your ass?
          Russia owns Turkey's arse here. They have other routes to get their petroleum and natural gas out.

          But do keep on with your Hitler wonder weapons of Turkish economic recovery routine. Truly hilarious!!! Almost as hilarious as your Australian failtroll threads

          Originally posted by CaymanWolvon View Post
          car sales change nothing aussie ansuck, we've got tens of domestic car projects with 100% electric, natural, diesel engine projects which are just launced and ready for serial production alongside our oil-gas sources in Meditterranean sources, what have you got for your future? I can't hear? NOTHING? oh what a pathetic ansuck won't be among us earth nation residents LOL
          Experts are in same opinion with me, Turkiye has got a rate of 0.6% growth for 2019(which would mean complete economical collapse for EU countries and as proportional,
          You don't seem to like to quote which experts "for whatever reason"

          Originally posted by CaymanWolvon View Post
          off-topic ranting and sulking designed to try to send the thread off-topic removed
          I wonder why our little boy here doesn't want to actually talk about the Turkish economy....

          Originally posted by CaymanWolvon View Post
          aussie ansuck's perspective, he thinks every country's nation behaves like australians LOL
          Nervous laughter there from you GayboyWolvon...

          Originally posted by CaymanWolvon View Post
          Why are you talking such early as Ataturk airport has newly moved to New Istanbul airport about a week ago? Because that's the only way would work for you? You've finished the race before the start flag waved which is extremely a fool way. You're a fool guy which has a long distance to honest being. Ok I understand you, you were stupid to wait past 5 months as thinking if Istanbul airport was active which was actually not, then you must wait another 5 months to prove your stupid being and to see statistics of New Istanbul Airport which will make you crying as always
          Istanbul Airport became "fully operational" earlier this month. Just about all the reviews about it so far have been pretty bad since it became "fully operational" this month. The main opening is delayed by almost 1/2 year and they still can't get it right!!!!

          Now, the question we must yet again ask ourselves is why GayboyWolvon wants to talk about anything but what is happening in the Turkish economy. The question yet again answers itself when we look at the news of what is happening in Turkey.

          Looks like it's all over for the Turkish lira. The Turkish central bank is down to about their last $10 billion or so and are no longer able to do any sort of dodgy tricks:

          What until this morning was a bad dream for Turkish Lira longs just became a full-blown nightmare.
          While the Turkish Central bank kept its overnight lending rate, weekly repo rate and liquidity window rate all unchanged at 25.5%, 24% and 27%, respectively, some very critical language was removed from the latest Turkish Central Bank statement: the central bank's prior pledge to deliver "additional tightening" if needed. And with that, the government's defense of the lira - which according to Bloomberg cost the central bank between $10 and $15 billion in just the last few weeks of March - is now officially null and void.
          The Turkish Monetary Policy Committee also tweaked its forward guidance saying its action “will be determined to keep inflation in line with the targeted path.” Just like with the BOJ and Riksbank earlier, investors interpreted the change in language as a dovish turn by the central bank.
          “This is much worse than expected and supports the view that policy has gone off the rails,” said Win Thin, global head of currency strategy at Brown Brothers Harriman. “This signals that any orthodoxy at the central bank has effectively been crushed, since no sane central bank would be leaning dovish at a time like this for Turkey.”
          https://www.zerohedge.com/news/2019-...k-ends-defense

          I've taken a look at the $US to Turkish lira rate - the Turkish lira has fallen by over 50% since I had OPed the thread a year ago. Turkey's credibility is completely destroyed in the international financial markets ultimately complements of Sultan Erdogan's inept handling. $118 billion of foreign debt has to be refinanced this year but no realistic source of this funding looks forthcoming. So, the spiral of the Turkish economy downwards accelerates at this point.

          So, what are the options for Turkey at this point?
          • Getting rid of Erdogan then putting someone in who has at least an element of sanity?
          • Erdogan finally sees reason after most of the Turkish economy is destroyed, bends over and allows the IMF to anally rape him?
          • Erdogan continues on with his Mickey Mouse Islamic-inspired economic theories, completely destroys Turkey to the point where even the IMF can't fix things and given the overall political situation there plunges Turkey into civil war?



          Comment


          • Originally posted by aussieinbg View Post

            Russia owns Turkey's arse here. They have other routes to get their petroleum and natural gas out.

            But do keep on with your Hitler wonder weapons of Turkish economic recovery routine. Truly hilarious!!! Almost as hilarious as your Australian failtroll threads



            You don't seem to like to quote which experts "for whatever reason"



            I wonder why our little boy here doesn't want to actually talk about the Turkish economy....



            Nervous laughter there from you GayboyWolvon...



            Istanbul Airport became "fully operational" earlier this month. Just about all the reviews about it so far have been pretty bad since it became "fully operational" this month. The main opening is delayed by almost 1/2 year and they still can't get it right!!!!

            Now, the question we must yet again ask ourselves is why GayboyWolvon wants to talk about anything but what is happening in the Turkish economy. The question yet again answers itself when we look at the news of what is happening in Turkey.

            Looks like it's all over for the Turkish lira. The Turkish central bank is down to about their last $10 billion or so and are no longer able to do any sort of dodgy tricks:



            https://www.zerohedge.com/news/2019-...k-ends-defense

            I've taken a look at the $US to Turkish lira rate - the Turkish lira has fallen by over 50% since I had OPed the thread a year ago. Turkey's credibility is completely destroyed in the international financial markets ultimately complements of Sultan Erdogan's inept handling. $118 billion of foreign debt has to be refinanced this year but no realistic source of this funding looks forthcoming. So, the spiral of the Turkish economy downwards accelerates at this point.

            So, what are the options for Turkey at this point?
            • Getting rid of Erdogan then putting someone in who has at least an element of sanity?
            • Erdogan finally sees reason after most of the Turkish economy is destroyed, bends over and allows the IMF to anally rape him?
            • Erdogan continues on with his Mickey Mouse Islamic-inspired economic theories, completely destroys Turkey to the point where even the IMF can't fix things and given the overall political situation there plunges Turkey into civil war?


            you loser ansuck's job must be herbokolog, if needed to derive it from Turkish: "everyshitologist", you claim to know everybody about economy. A week doesn't pass without aussie ansuck's proving of his fool being which proves extreme low education quality in his economically debt related failing country the Australia

            Turkish Economy
            Statistics for the year 2017
            1$ is equal to 3.7TL
            Net Turkish minimum wage was: 1404TL
            Highest Dollar value against Turkish lira compared to minimum wage(Purchasing Power): 0,28%
            ​Turkish GDP growth rate: 7.4%
            ​Turkish inflation rate: 10-15%

            Statistics for the year 2019
            1$ is equal to 5.98TL
            Net Turkish minimum wage was: 2020TL
            Highest Dollar value against Turkish lira compared to minimum wage(Purchasing Power): 0,29%
            Turkish GDP growth rate: 0.6%
            Turkish inflation rate: 19%


            Statistics for the year 2020 (Possibility based on current variables)
            1$ is equal to 5.90TL
            Net Turkish minimum wage was: 2540TL
            Highest Dollar value against Turkish lira compared to minimum wage(Purchasing Power): 0,23% (The best since 2009) (I don't know how it was before 2009)
            Turkish GDP growth rate: +2.5%
            Turkish inflation rate: 9-11%

            Statistics for the year 2021 (Possibility based on current variables)
            1$ is equal to 6.2TL
            Net Turkish minimum wage was: 3060TL
            Highest Dollar value against Turkish lira compared to minimum wage(Purchasing Power): 0,20%
            Turkish GDP growth rate: +5.0%
            Turkish inflation rate: 4-9%

            Comment


            • Originally posted by CaymanWolvon View Post

              you loser ansuck's job must be herbokolog, if needed to derive it from Turkish: "everyshitologist", you claim to know everybody about economy. A week doesn't pass without aussie ansuck's proving of his fool being which proves extreme low education quality in his economically debt related failing country the Australia

              Turkish Economy
              Statistics for the year 2017
              1$ is equal to 3.7TL
              Net Turkish minimum wage was: 1404TL
              Highest Dollar value against Turkish lira compared to minimum wage(Purchasing Power): 0,28%
              ​Turkish GDP growth rate: 7.4%
              ​Turkish inflation rate: 10-15%

              Statistics for the year 2019
              1$ is equal to 5.98TL
              Net Turkish minimum wage was: 2020TL
              Highest Dollar value against Turkish lira compared to minimum wage(Purchasing Power): 0,29%
              Turkish GDP growth rate: 0.6%
              Turkish inflation rate: 19%


              Statistics for the year 2020 (Possibility based on current variables)
              1$ is equal to 5.90TL
              Net Turkish minimum wage was: 2540TL
              Highest Dollar value against Turkish lira compared to minimum wage(Purchasing Power): 0,23% (The best since 2009) (I don't know how it was before 2009)
              Turkish GDP growth rate: +2.5%
              Turkish inflation rate: 9-11%

              Statistics for the year 2021 (Possibility based on current variables)
              1$ is equal to 6.2TL
              Net Turkish minimum wage was: 3060TL
              Highest Dollar value against Turkish lira compared to minimum wage(Purchasing Power): 0,20%
              Turkish GDP growth rate: +5.0%
              Turkish inflation rate: 4-9%
              Where are the statistics for 2018?

              They look like imaginary bullshit from you - especially considering you have not references to back them up, Your usual typical bullshit hey GayboyWolvon...

              When I started the thread a year ago:

              $1US = 3.96 Turkish Lira

              Meanwhile, today:

              $1US = 5.96 Turkish lira
              Last edited by aussieinbg; 04-26-2019, 12:39 PM.

              Comment


              • Originally posted by aussieinbg View Post

                Where are the statistics for 2018?

                They look like imaginary bullshit from you - especially considering you have not reference to back them up, Your usual typical bullshit hey GayboyWolvon...

                When I started the thread a year ago:

                $1US = 3.96 Turkish Lira

                Meanwhile, today:

                $1US = 5.96 Turkish lira

                Ok, let's fix this

                Turkish Economy
                Statistics for the year 2009
                1$ is equal to 1.80TL
                Net Turkish minimum wage is: 574TL
                Highest Dollar value against Turkish lira compared to minimum wage(Purchasing Power): 0,31%
                ​Turkish GDP growth rate: -4.7%
                ​Turkish inflation rate: 9.5%

                Turkish Economy
                Statistics for the year 2017
                1$ is equal to 3.7TL
                Net Turkish minimum wage is: 1404TL
                Highest Dollar value against Turkish lira compared to minimum wage(Purchasing Power): 0,28%
                ​Turkish GDP growth rate: 7.4%
                ​Turkish inflation rate: 10-15%

                Statistics for the year 2018
                1$ is equal to 7.20TL
                Net Turkish minimum wage is: 1620TL
                Highest Dollar value against Turkish lira compared to minimum wage(Purchasing Power): 0,44% (Highest since 2009)
                ​Turkish GDP growth rate: 2.6%
                ​Turkish inflation rate: 20,30%


                Statistics for the year 2019
                1$ is equal to 5.98TL
                Net Turkish minimum wage is: 2020TL
                Highest Dollar value against Turkish lira compared to minimum wage(Purchasing Power): 0,29%
                Turkish GDP growth rate: 0.6%
                Turkish inflation rate: 19%


                Statistics for the year 2020 (Possibility based on current variables)
                1$ is equal to 5.90TL
                Net Turkish minimum wage is: 2540TL
                Highest Dollar value against Turkish lira compared to minimum wage(Purchasing Power): 0,23% (The best since 2009) (I don't know how it was before 2009)
                Turkish GDP growth rate: +2.5%
                Turkish inflation rate: 9-11%

                Statistics for the year 2021 (Possibility based on current variables)
                1$ is equal to 6.2TL
                Net Turkish minimum wage is: 3160TL
                Highest Dollar value against Turkish lira compared to minimum wage(Purchasing Power): 0,19%
                Turkish GDP growth rate: +5.0%
                Turkish inflation rate: 4-9%
                Last edited by CaymanWolvon; 04-26-2019, 12:45 PM.

                Comment


                • Originally posted by CaymanWolvon View Post
                  Ok, let's fix this
                  You only added the crap for 2018...

                  Where's the reference for this data - or did you pull it out of your arse like you do with most of your statistics?

                  Originally posted by CaymanWolvon View Post
                  Poster has merely copy-pasted these unreferenced statistics yet again.
                  Most likely, the shit that this poster had posted was "official" Turkish modelling data based on Turkish economic statistics which have consequently been shown to be utter bullshit - hence the unwillingness to provide any sort of a reference to how they were calculated.

                  Meanwhile, the Turkish Central Bank can't even get its story straight about monetary policy. But I guess that if you have someone like Erdogan - someone with a fake economics degree - ultimately in charge of things then you won't be able to be consistent about what you say....

                  https://www.bloomberg.com/news/artic...her-tightening

                  So tell us GayboyWolvon - when is the IMF going to rescue Turkey, or has Turkey pissed off so many people that the IMF will now stand on the sidelines and watch Turkey turn into another Venezuela?

                  Comment


                  • Originally posted by aussieinbg View Post

                    You only added the crap for 2018...

                    Where's the reference for this data - or did you pull it out of your arse like you do with most of your statistics?



                    Most likely, the shit that this poster had posted was "official" Turkish modelling data based on Turkish economic statistics which have consequently been shown to be utter bullshit - hence the unwillingness to provide any sort of a reference to how they were calculated.

                    Meanwhile, the Turkish Central Bank can't even get its story straight about monetary policy. But I guess that if you have someone like Erdogan - someone with a fake economics degree - ultimately in charge of things then you won't be able to be consistent about what you say....

                    https://www.bloomberg.com/news/artic...her-tightening

                    So tell us GayboyWolvon - when is the IMF going to rescue Turkey, or has Turkey pissed off so many people that the IMF will now stand on the sidelines and watch Turkey turn into another Venezuela?
                    aussie ansuck, why are you always talking that way which only work for your hyperbole opinions?
                    Last time we remember what happened to U.S stock market in October 2018 when Dollar value against Turkish lira has reached 7.20TL and when Turkish people has boicoted usage of Apple brand electronic products , while Dollar passes 7TL, it doesn't only gain value against Turkish Lira but also other countries like South American, Asian and African currencies.

                    USA October 2018 Stock market crash:
                    October was a horrible month for stocks
                    https://edition.cnn.com/2018/10/31/i...ber/index.html


                    At this point USA can't sell any stuff and U.S companies will lose the race against Chinese, Taiwanese and Korean alternatives. I remember USA has given technology transfer to Korea and Taiwan to produce semi-conductors.

                    Besides this, Taiwan, Korea and China aren't only semi-conductor producers, Turkiye is also about to join this group and Turkiye didn't take any technology transfer about this subject.
                    Çakıl Microprocessor, prototype, minister Mustafa Varank at Turkish National Assembly.
                    Data processing: 10GB/s
                    Core : 1 (Under development on multiple cores)


                    And your country will never have such projects, ansuck. Just because, you have 126% debts to pay and our national debt is only close to 50% of our GDP.
                    Because there is domestic production in our country while you're importing products from abroad.
                    Last edited by CaymanWolvon; 04-27-2019, 03:16 PM.

                    Comment




                    • Originally posted by aussieinbg View Post
                      Meanwhile, the Turkish Central Bank can't even get its story straight about monetary policy. But I guess that if you have someone like Erdogan - someone with a fake economics degree - ultimately in charge of things then you won't be able to be consistent about what you say....

                      https://www.bloomberg.com/news/artic...her-tightening

                      So tell us GayboyWolvon - when is the IMF going to rescue Turkey, or has Turkey pissed off so many people that the IMF will now stand on the sidelines and watch Turkey turn into another Venezuela?
                      USA external debts in 2015: 97%
                      USA external debts in 2017: 115%

                      France, external debts: 213% = new greece(economical collapse, minimum wage fall), yellow vest protests
                      United Kingdom, external debts: 313% = new greece(economical collapse, minimum wage fall), yellow vest protests, environmentalist protests(not really related to envrioment, they're just stressful for bad economical conditions )

                      Turkiye, external debts: 53%, not a new greece(no yellow vest protests, minimum wage is RISING), investments and projects are continuing as well as new Istanbul airport is now fully active which will generate 4.9% more to Turkish GDP growth rate.
                      New Industrial towns and serial productions of domestic industrial products are about to began which will generate another over 5% to Turkish GDP growth rate.



                      Comment


                      • I am utterly sure and completely convinced that the figures you have posted are true according to you.....
                        Now , with all this wonderous economic activity going on,,,what is the Turkey govts piece of the action,,,what is the bottom line ? is the govt actually making ANY serious money ? if so,,,why unlike the countries you quoted,,,is the Turkey govt having to constantly draw down its reserves ? reserves are that money "for a rainy day "...Twelve months ago or a year ago what were Turkeys reserves ? With all the fabulous projects looming in Turkeys future,,,where do those reserves stand today....When you can't balance the bbudget because you can't reduce social spending ( mosque funding and the moslem brotherhood activities etc ) and tax and revenue income are insufficient you either take new loans or you pay out from the rainy day money...
                        Where does Turkeys credit rating stand today ?
                        I notice you are buying missile systems from Russia,,,how much will they give you for an American f35...You had no problem selling Israeli drone tech to Iran but on the otherhand if the Americans catch you,,,,Oy Vavoy….

                        Comment


                        • Originally posted by Elishar View Post
                          I am utterly sure and completely convinced that the figures you have posted are true according to you.....
                          Now , with all this wonderous economic activity going on,,,what is the Turkey govts piece of the action,,,what is the bottom line ? is the govt actually making ANY serious money ? if so,,,why unlike the countries you quoted,,,is the Turkey govt having to constantly draw down its reserves ? reserves are that money "for a rainy day "...Twelve months ago or a year ago what were Turkeys reserves ? With all the fabulous projects looming in Turkeys future,,,where do those reserves stand today....When you can't balance the bbudget because you can't reduce social spending ( mosque funding and the moslem brotherhood activities etc ) and tax and revenue income are insufficient you either take new loans or you pay out from the rainy day money...
                          Where does Turkeys credit rating stand today ?
                          I notice you are buying missile systems from Russia,,,how much will they give you for an American f35...You had no problem selling Israeli drone tech to Iran but on the otherhand if the Americans catch you,,,,Oy Vavoy….
                          Another bunch are stating the bleeding obvious that the Turkish lira is in for a massive crash:

                          According to Goldman, the unexpected removal last week by the central bank of its pledge for additional tightening if needed "opened the door" to both interest-rate cuts and further currency depreciation.
                          "Rates are still not high enough to restore confidence in the lira," as indicated by continuing "dollarization", or the increasing share of foreign-exchange deposits in the banking system, Goldman economists Murat Unur and Clemens Grafe wrote in separate note April 25 according to Bloomberg. They also wrote that the central bank will "need to take action to stabilize the lira," adding that "savers require higher risk premia to be willing to hold a higher share of their deposits in TRY."
                          As a result, Goldman projects TRY to fall to 6.25 in three months, 6.5 in six months, and crash to an all time low of 7 within 12 months, marking a 15% slide in coming year. On Sunday night, Lira was trading at 5.9500.
                          The full Goldman note is below:
                          TRY: TCMB opens the door to a cut (and more currency depreciation). On Thursday the TCMB kept its policy rate unchanged at 24%, but removed its tightening bias which stated, “if needed, further tightening would be delivered”. By removing this bias, the central bank opened the door to not only a rate cut at its next meeting on June 12 but also further currency depreciation. The sharp hike in policy rates last year was a necessary condition to stabilize the Lira; and while the policy rate is high enough to achieve a balanced current account, a renewed series of cuts will not help with anchoring inflation expectations or stemming the degree of ongoing dollarization in the economy. Our economists have raised their year-end inflation forecasts to +14% yoy by year-end, taking into account the depreciation of the Lira in recent weeks, and we are rolling our forecasts to show even further depreciation (USD/TRY to 6.25, 6.50 and 7.00 in 3, 6 and 12 months).
                          https://www.zerohedge.com/news/2019-...lows-12-months

                          I suspect that they are being ultraconservative about the real situation in Turkey - already Turkey has demonstrably lied about the financial situation there. I'm wondering what other lies are to be uncovered there...

                          Comment


                          • Originally posted by CaymanWolvon View Post
                            aussie ansuck, why are you always talking that way which only work for your hyperbole opinions?
                            Still avoiding the question "for whatever reason" hey GayboyWolvon.

                            Where's the reference for this data - or did you pull it out of your arse like you do with most of your statistics?

                            Originally posted by CaymanWolvon View Post
                            Last time we remember what happened to U.S stock market in October 2018 when Dollar value against Turkish lira has reached 7.20TL and when Turkish people has boicoted usage of Apple brand electronic products , while Dollar passes 7TL, it doesn't only gain value against Turkish Lira but also other countries like South American, Asian and African currencies.
                            Quite hilarious when a few village boys in Turkey like yourself were smashing up their iPhones

                            Originally posted by CaymanWolvon View Post
                            verbally masturbated crap about another economy, not Turkey's


                            No need to continue to send things off-topic - start another topic if you don't wish to discuss Turkey's rapidly plunging economy...

                            Originally posted by CaymanWolvon View Post

                            At this point USA can't sell any stuff and U.S companies will lose the race against Chinese, Taiwanese and Korean alternatives. I remember USA has given technology transfer to Korea and Taiwan to produce semi-conductors.
                            Besides this, Taiwan, Korea and China aren't only semi-conductor producers, Turkiye is also about to join this group and Turkiye didn't take any technology transfer about this subject.

                            Çakıl Microprocessor, prototype, minister Mustafa Varank at Turkish National Assembly.
                            Data processing: 10GB/s
                            Core : 1 (Under development on multiple cores)


                            You have to fanboy the very little technical expertise that your country of some 80 million has to give the false impression that Turkey is developing economically beyond building poorly constructed buildings and serving 2nd tier tourists.

                            Originally posted by CaymanWolvon View Post
                            And your country will never have such projects, ansuck. Just because, you have 126% debts to pay and our national debt is only close to 50% of our GDP.
                            Irrelevant whether Australia has such projects or not - the thread is about Turkey. I don't have to fanboy the multitude of technical projects that Australia has in order to bullshit the situation in Australia - Australia's economic situation is sustainable, Turkey's is not.

                            In any case, even if your Hitler at the last moment of victory wonder weapon of economics as illustrated above proves to be correct and you immediately produce, you're only going to make a couple of hundred million out of it - that's only about 0.1% of your funding requirements.

                            Originally posted by CaymanWolvon View Post
                            Because there is domestic production in our country while you're importing products from abroad.
                            Hey GayboyWolvon, Turkey needs to find another $115 billion just to refinance by the end of the year. Given the lies and bullshit that the Turkish Central Bank and other Turkish government related institutes are telling about the economy, who's going to believe the bullshit you are telling us there?

                            So GayboyWolvon: where is Turkey going to get $115 billion to refinance their debt by the end of the year?

                            Comment


                            • Originally posted by aussieinbg View Post

                              Still avoiding the question "for whatever reason" hey GayboyWolvon.

                              Where's the reference for this data - or did you pull it out of your arse like you do with most of your statistics?



                              Quite hilarious when a few village boys in Turkey like yourself were smashing up their iPhones

                              [/SIZE][/SIZE]

                              No need to continue to send things off-topic - start another topic if you don't wish to discuss Turkey's rapidly plunging economy...




                              You have to fanboy the very little technical expertise that your country of some 80 million has to give the false impression that Turkey is developing economically beyond building poorly constructed buildings and serving 2nd tier tourists.



                              Irrelevant whether Australia has such projects or not - the thread is about Turkey. I don't have to fanboy the multitude of technical projects that Australia has in order to bullshit the situation in Australia - Australia's economic situation is sustainable, Turkey's is not.

                              In any case, even if your Hitler at the last moment of victory wonder weapon of economics as illustrated above proves to be correct and you immediately produce, you're only going to make a couple of hundred million out of it - that's only about 0.1% of your funding requirements.



                              Hey GayboyWolvon, Turkey needs to find another $115 billion just to refinance by the end of the year. Given the lies and bullshit that the Turkish Central Bank and other Turkish government related institutes are telling about the economy, who's going to believe the bullshit you are telling us there?



                              Sure you lazy GAY ANSUCK, first pay your 126% external debts before even trying to criticize which you always miss the reality

                              U.S. stocks close lower as Turkey, trade worries continue to weigh


                              https://www.marketwatch.com/story/us...cus-2018-08-15
                              October was a horrible month for stocks
                              https://edition.cnn.com/2018/10/31/i...ber/index.html


                              Turkish Economy
                              Statistics for the year 2009
                              1$ is equal to 1.80TL
                              Net Turkish minimum wage is: 574TL
                              Highest Dollar value against Turkish lira compared to minimum wage(Purchasing Power): 0,31%
                              ​Turkish GDP growth rate: -4.7%
                              ​Turkish inflation rate: 9.5%

                              Turkish Economy
                              Statistics for the year 2017
                              1$ is equal to 3.7TL
                              Net Turkish minimum wage is: 1404TL
                              Highest Dollar value against Turkish lira compared to minimum wage(Purchasing Power): 0,28%
                              ​Turkish GDP growth rate: 7.4%
                              ​Turkish inflation rate: 10-15%

                              Statistics for the year 2018
                              1$ is equal to 7.20TL
                              Net Turkish minimum wage is: 1620TL
                              Highest Dollar value against Turkish lira compared to minimum wage(Purchasing Power): 0,44% (Highest since 2009)
                              ​Turkish GDP growth rate: 2.6%
                              ​Turkish inflation rate: 20,30%


                              Statistics for the year 2019
                              1$ is equal to 5.98TL
                              Net Turkish minimum wage is: 2020TL
                              Highest Dollar value against Turkish lira compared to minimum wage(Purchasing Power): 0,29%
                              Turkish GDP growth rate: 0.6%
                              Turkish inflation rate: 19%


                              Statistics for the year 2020 (Possibility based on current variables)
                              1$ is equal to 5.90TL
                              Net Turkish minimum wage is: 2540TL
                              Highest Dollar value against Turkish lira compared to minimum wage(Purchasing Power): 0,23% (The best since 2009) (I don't know how it was before 2009)
                              Turkish GDP growth rate: +2.5%
                              Turkish inflation rate: 9-11%

                              Statistics for the year 2021 (Possibility based on current variables)
                              1$ is equal to 6.2TL
                              Net Turkish minimum wage is: 3160TL
                              Highest Dollar value against Turkish lira compared to minimum wage(Purchasing Power): 0,19%
                              Turkish GDP growth rate: +5.0%
                              Turkish inflation rate: 4-9%

                              Originally posted by aussieinbg_ANSUCK View Post
                              So GayboyWolvon: where is Turkey going to get $115 billion to refinance their debt by the end of the year?
                              According to aussie ansuck, Turkiye must pay $115 billion till end of this year while Turkiye has got $139 billion foreign currency reserves(Euro-USD)

                              Turkiye foreign exchange reserves:




                              BTW what about Australia, aussies' pants will soon be distrained and Australia will be forcibly occupied by China and Indonesia as the cost of Australian debt to China and Indonesia LOL
                              Last edited by CaymanWolvon; 04-29-2019, 11:21 AM.

                              Comment


                              • Originally posted by CaymanWolvon View Post
                                Bullshit table of figures which show gross rather than nett foreign debt - nonsense already refuted a long time ago but this poster continues to spam it.
                                Yes, that poster is trying to pile more bullshit on top of more bullshit.

                                Originally posted by CaymanWolvon View Post
                                Sure you lazy GAY ANSUCK, first pay your 126% external debts before even trying to criticize which you always miss the reality
                                Read the OP again little boy.

                                Hint: The OP is about Turkey's economy, not Australia's.

                                Originally posted by CaymanWolvon View Post
                                U.S. stocks close lower as Turkey, trade worries continue to weigh

                                https://www.marketwatch.com/story/us...cus-2018-08-15
                                October was a horrible month for stocks
                                https://edition.cnn.com/2018/10/31/i...ber/index.html
                                The only place where Turkey can have any real impact on the world economic stage - by turning billions of dollars worth of investment into shit and its flow-on effects on the world's markets.

                                Originally posted by CaymanWolvon View Post
                                Statistics which this poster continually refuses to give the sources for "for whatever reason" - yet continues to spam.
                                Most likely based on dodgy rubbery crap from the Turkish government which we know is unreliable, We also know previously that huge numbers of Turkish workers are earning well below the official minimum wage anyway. Rule of law in Turkey being non-existent simply isn't just a case of journalists and others being thrown into prison - it extends to workers' rights.

                                Originally posted by CaymanWolvon View Post
                                According to aussie ansuck, Turkiye must pay $115 billion till end of this year while Turkiye has got $139 billion foreign currency reserves(Euro-USD)
                                That's according to some very dodgy accounting those "$139 billion" - The Turkish Central Bank already got caught out on padding the reserve numbers with dodgy short term swap loans and there are for sure many other tricks because the Turkish Central Bank has not been transparent with the international financial community with its accounting unlike just about every other such financial institute in the world.

                                Originally posted by CaymanWolvon View Post
                                Turkiye foreign exchange reserves:

                                You're giving the gross reserves and not the reserves minus liabilities.

                                Here's one way Turkey is bullshitting its financial situation at the moment - with short term loans which on the balance sheet look like assets but are in fact liabilities:



                                From the 26th of April:

                                Friday’s report marks the first time the central bank has published aggregate figures for the value of active swaps for March. FT calculations indicate that the rate of borrowing picked up further this month, reaching a high of $12.8bn. Stripping these swaps out, the central bank is left with $14.9bn in net foreign reserves as of the end of last week.
                                https://www.ft.com/content/e47fce18-...d-04f350474d62

                                These padded numbers are only going to last a month before repayment is due anyway. Erdogan buys several weeks of looking better than he really is before payment is yet again due. Problem is - the international financial markets have even less trust in Turkey now than they used to. This makes the cure for Turkey worse and worse and even perhaps more unlikely to happen.

                                Originally posted by CaymanWolvon View Post
                                Boring failtrolling off-topic verbal masturbation about Australia, Chinese invasions etc removed because it has already been repeated about 20 or 30 times to try and get out of actually discussing the OP topic - specifically Turkey's economic collapse and its consequences
                                If I hated Turkey so much, I'd be jumping for joy about Erdogan remaining in power. He causes more damage to Turkey and its national interest than any living individual I can think of.

                                Comment

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