Saturday, August 9, 2014

Turkey's Economic Problems

2021 Turkish Lira has Weakened - Story of Turkey's Economy (2020) - Alt > .
24-6-12 [Raisi, water, Iran, Azerbaijan, Armenia, Ruscia, Turkey] | gtbt > . 
24-6-5 [Turkey's MISmanagement: economic troubles continue] - EcEx > .
23-9-23 How Erdoğan's Turkey is Rebuilding the Ottoman Empire - Real > .
23-8-6 Turkish Strategy & R-U War - Arms, Drones, Economics - Perun > . skip > .
23-5-11 Turkey Votes. Erdoğan’s Last Dance? - gtbt > . skip > .
23-1-26 Pan-Turkism & Turkey's Ambitions in Central Asia - gtbt > .
22-12-30 [Kurds] Why Turkey is Preparing to Invade Syria (Again) - Real > .
22-7-19 Central Asia ⇌ Russia, China, Iran, Turkey, USA - gtbt > . 
22-1-27 How Erdoğan Destroyed Turkey (doc) - My Take > .

2022: For years Turkey was one of the great economic promises. However, the last few years have been particularly hard. In 2021 alone, the Turkish Lira lost 50% of its value against the dollar. Today the country's economy is dominated by extremely high inflation, capital flight and supply problems. And all because of a deliberate policy: Erdoğanomics. A policy that, for example, argues that lowering interest rates helps to curb inflation. Erdoğan's arrogant-authoritarian plan is pushing Turkey to the point of collapse.

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sī vīs pācem, parā bellum

igitur quī dēsīderat pācem praeparet bellum    therefore, he who desires peace, let him prepare for war sī vīs pācem, parā bellum if you wan...