Turkey economy in free fall this morning! | |
Psychonaut SN7
User ID: 76355711 United States 08/10/2018 10:57 AM Report Abusive Post Report Copyright Violation | @IvanTheK Quoting: Distant Echo JUST IN: Erdogan considers taking Turkey private at 420 Lira. Funding secured. 12:27 pm · 10 Aug 2018 [link to twitter.com (secure)] "The syntactical nature of reality, the real secret of magic, is that the world is made of words. And if you know the words that the world is made of, you can make of it whatever you wish." ~ Terence McKenna |
Cartel™
User ID: 76826614 Canada 08/10/2018 11:00 AM Report Abusive Post Report Copyright Violation | |
InterStellar_Hoodrat
User ID: 49305118 United States 08/10/2018 11:03 AM Report Abusive Post Report Copyright Violation | |
Garden Serpent
User ID: 76829577 Turkey 08/10/2018 11:06 AM Report Abusive Post Report Copyright Violation | |
A1Janitor
User ID: 58658563 United States 08/10/2018 11:06 AM Report Abusive Post Report Copyright Violation | |
InterStellar_Hoodrat
User ID: 49305118 United States 08/10/2018 11:07 AM Report Abusive Post Report Copyright Violation | |
A1Janitor
User ID: 58658563 United States 08/10/2018 11:09 AM Report Abusive Post Report Copyright Violation | @IvanTheK Quoting: Distant Echo JUST IN: Erdogan considers taking Turkey private at 420 Lira. Funding secured. 12:27 pm · 10 Aug 2018 [link to twitter.com (secure)] That's hilarious. |
Billy Ringo
User ID: 75162463 United States 08/10/2018 11:11 AM Report Abusive Post Report Copyright Violation | At some point NATO is going to have to consider Turkey's membership, they seem to have gone off in their own direction. Last Edited by Billy Ringo on 08/10/2018 11:13 AM I am Billy Ringo and I approve of this message. Paid for by belligerent derelicts for Ringo. |
G3
User ID: 76829743 United States 08/10/2018 11:13 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 76829190 Ireland 08/10/2018 11:18 AM Report Abusive Post Report Copyright Violation | Those banks have required that their loans be repaid in US Dollars, not the Turkish lira. Since their lira is falling apart, they cannot purchase those US dollars and will default on all those loans. This has the potential to bring down the entire European economy! Quoting: Nobody You Know They are not in the EU |
Anonymous Coward User ID: 76732183 Norway 08/10/2018 11:22 AM Report Abusive Post Report Copyright Violation | Erdogen has got to go and can't believe their masses haven't already pushed him aside. I've worked with a lot of Turks and they aren't a backwards group....quite progressive. Quoting: Billy Ringo In Europe, far more than 50% support Erdgan, and voted in favor of giving him more power. There are about 4 million turks living in Germany alone. Erdogan has a lot of supporters outside the main cities Istanbul and Ankara. |
Enigmatta
User ID: 22529338 Bulgaria 08/10/2018 11:24 AM Report Abusive Post Report Copyright Violation | Lira collapses as Erdogan tells Turks: They have 'their dollars,' we have 'our god' Quoting: Tess. [link to www.cnbc.com (secure)] Good luck with that.. Tess, this sounds quite threatening actually. A couple of months ago Erdogan warned our (Bulgarian) PM that, should the West try to destroy Turkey, he'll let loose the hordes of 'refugees' currently residing in his country, to flood Europe. He is not to be underestimated. Gaddafi with his warnings comes to mind... The ones who were dancing were thought to be crazy by those who didn't hear the music. |
Anonymous Coward User ID: 76813591 United States 08/10/2018 11:27 AM Report Abusive Post Report Copyright Violation | |
Boes
User ID: 76344717 Netherlands 08/10/2018 12:08 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 44255162 United States 08/10/2018 12:24 PM Report Abusive Post Report Copyright Violation | Lira collapses as Erdogan tells Turks: They have 'their dollars,' we have 'our god' Quoting: Tess. [link to www.cnbc.com (secure)] Good luck with that.. LOL--yep. |
Anonymous Coward User ID: 44255162 United States 08/10/2018 12:26 PM Report Abusive Post Report Copyright Violation | |
Piechbro
User ID: 76757331 United States 08/10/2018 12:27 PM Report Abusive Post Report Copyright Violation | Lira collapses as Erdogan tells Turks: They have 'their dollars,' we have 'our god' Quoting: Tess. [link to www.cnbc.com (secure)] Good luck with that.. and a false god at that Piechbro |
Anonymous Coward User ID: 76732183 Norway 08/10/2018 12:32 PM Report Abusive Post Report Copyright Violation | |
Too old to care
User ID: 75774374 United States 08/10/2018 01:20 PM Report Abusive Post Report Copyright Violation | Not to derail, but somehow this just seems to fit the title of the thread. Quoting: jt210 "As God as my witness, I thought turkeys could fly." [link to imgur.com (secure)] Too old to care, but I do. |
Anonymous Coward User ID: 11376882 United States 08/10/2018 01:22 PM Report Abusive Post Report Copyright Violation | Those banks have required that their loans be repaid in US Dollars, not the Turkish lira. Since their lira is falling apart, they cannot purchase those US dollars and will default on all those loans. This has the potential to bring down the entire European economy! Quoting: Nobody You Know No, it won't bring it down. They've learned from the Federal Reserve (which is NOT federal, and it's NOT a reserve) that you can print all the money you'd ever need, when that need arises. The USA economy would have carshed/collapsed hard, big-time already had that not happened-had they not bailed out everyone, and spread the free money around the world back when they did. The European banks will do the same. Simple. |
Anonymous Coward User ID: 11376882 United States 08/10/2018 01:22 PM Report Abusive Post Report Copyright Violation | |
Revbo™
User ID: 67405628 United States 08/10/2018 01:33 PM Report Abusive Post Report Copyright Violation | |
happenstan
User ID: 76829375 Haiti 08/10/2018 01:53 PM Report Abusive Post Report Copyright Violation | So, Trump is declaring war on other nations this way now? Grrrreeeeeaaaaatttt... This is going to come back years down the road to screw over US citizens. This man is a complete idiot. He cares nothing for his country... [link to twitter.com (secure)] Quoting: javierruizleon Trump on Turkey "I have just authorized a doubling of Tariffs on Steel and Aluminum with respect to Turkey as their currency, the Turkish Lira, slides rapidly downward against our very strong Dollar! Aluminum will now be 20% and Steel 50%. Our relations with Turkey are not good at this time!" |
SHATZ
User ID: 76562346 United States 08/10/2018 01:57 PM Report Abusive Post Report Copyright Violation | IF IT HITS 7.1 TO THE DOLLAH....THEN THEIR BANKS HAVE NO MORE MONEY...THEY R DONE...IT WAS 6.55 THIS MORNING....THAT IS HOW CLOSE IT IS TO GAME OVER... ...AND I DONT KNOW HOW BAD THE IRANIAN CURRENCY IS IN COMPARISON TO THIS ONE...THEY MAY HELP OR HURT EACH OTEHR SINCE THEY R IN FREE FALLL! SHATZ |
Garden Serpent
User ID: 76830033 Russia 08/10/2018 02:05 PM Report Abusive Post Report Copyright Violation | |
TheArch
User ID: 76494214 United States 08/10/2018 02:06 PM Report Abusive Post Report Copyright Violation | |
TS82
User ID: 72896221 United States 08/10/2018 02:08 PM Report Abusive Post Report Copyright Violation | |
Cardiak
User ID: 76331779 United States 08/10/2018 02:10 PM Report Abusive Post Report Copyright Violation | Trump is setting himself up so when he demands something from a nation they will give it to him and keep him happy and stay on his good side. He is showing the world who holds the real power and is swinging it around. A few countries tried to call him out thinking he was bluffing and it’s backfired on each and every one of them. The next 6 years trump will have the world groveling at his feet while he creates a new world order |
Cardiak
User ID: 76331779 United States 08/10/2018 02:12 PM Report Abusive Post Report Copyright Violation | Erdogan calls Putin to confirm Russian support for Turkey. Good luck with that, Russia's economy is less than a 12th of the US. Quoting: Billy Ringo Don't bring a butter knife to a tank fight. Russia is not filled with snowflakes and Xbox warriors. Russia’s economy is less than the fly over state of Michigan. Russia is a gas station, that’s about it Last Edited by Cardiak on 08/10/2018 02:12 PM |
Revbo™
User ID: 67405628 United States 08/10/2018 02:12 PM Report Abusive Post Report Copyright Violation | So, Trump is declaring war on other nations this way now? Quoting: happenstan Grrrreeeeeaaaaatttt... This is going to come back years down the road to screw over US citizens. This man is a complete idiot. He cares nothing for his country... [link to twitter.com (secure)] Quoting: javierruizleon Trump on Turkey "I have just authorized a doubling of Tariffs on Steel and Aluminum with respect to Turkey as their currency, the Turkish Lira, slides rapidly downward against our very strong Dollar! Aluminum will now be 20% and Steel 50%. Our relations with Turkey are not good at this time!" You should get Haiti to help out your friends in Turkey. John 8:32 And ye shall know the truth, and the truth shall make you free. |