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Gullibility Knows No Bounds: Lira, Turkish Banks Stage Absurd Rally On Erdogan Promises
Turkey's Recep Tayyip Erdogan is ready to take his medicine.
Don't believe me? Just ask him. "Turke
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Spot on, H!
Yeah, the poor Turkish people, having to suffer through a leader who dreams of being an authoritarian.
I’m curious to see how costly the military operations in neighboring territory end up being for the Turkish economy. It’s not the bad old days where you go in, win the battle, loot, and take the booty home to the capital city to refill the treasury. Running tanks, firing artillery, training and feeding soldiers, it gets expensive.
Hard to know how much of this recent plunge is related to military costs and how much to bad leadership at the top. Turkey can probably afford the military operations so far as they have a pretty large and diverse economy. A good portion of their problems seem to be at the top. Not including recent events, their economy has been fairly steady for the last 20 years or so.
Regional powers, or, rather, potentially regional powers, such as Turkey, Argentina, and South Africa, are interesting. If South Africa can ever get their act together, one thing they have going for them is they probably won’t end up in hostilities with neighboring countries. Same with Argentina.
I don’t know enough about internal Turkish politics to guess if this is co-incidental or ironic, but Erdogan’s political consolidation at the expense of the military does seem to dovetail with a massive expansion of the actual deployment of the military. Instead of shooting Kurdish civilians or vacationing in Northern Cyprus, now they are in Iraq, Syria, Qatar, Libya, Somalia, and causing mischief in the northern Caucasuses. Whatever happened to “No trouble with neighbors?”
well, it is called as Jingoism. Turkish Governement didn2t aim to loot money, but keep its voter together. It is a historical fact that when there is a chaos, people tend to support status que.
the government choice this path, since they have radical islamic background they cannot produce any lucretice policy just like any other bigot.