Turkey's Economy is about to BURST - Sorry Ekrem it's Da Truth!!!

Discussion in 'Middle East - General' started by GHook93, Sep 15, 2011.

  1. GHook93
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    GHook93 Aristotle

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    I will be LOL when it happens. Read the article. Arrogantdogan created an artificial boom using foreign money and the government forcing banks to issue bad loans (sound familiar)! Geece collasped when it's budget deficit hit 10% of it's GDP, Turkey is currently at 9.5% and rapidly increasing! Once those loan start to burst open (like they did in the US), then the Turkish economy will implode! It's a big Turkish butt-fucking. Turkey already has high unemployment and poverty. After the Turkish credit bubble burst, they are going to wish they were Greeks! The Kurds are licking their lips!

    Ekrem, I will be toasting to your countryman's misery at that point (OK I won't since before Arrogantdogan took over, Turkey was a pretty great country with good people)! :eusa_whistle:

     
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  2. Moonglow
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    Moonglow Diamond Member

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    they have been saying that about China for several years also
     
  3. Charles_Main
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    Charles_Main AR15 Owner

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    Really they have been saying China's Deficit is going to cause a collapse?

    I have never heard anyone say that.
     
  4. ekrem
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    ekrem VIP Member

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    Turks spend their own money:

    Free Article for Non-Members | STRATFOR

    Unemployment is 9.2%, not 13% like the Jew article claims.
    Turks taking credit from Turkish banks is absolutely sustainable, because household-debt is one of lowest within OECD. That's also the reason why most of foreign FDI into Turkey is into banking sector (it's profitable):

    [​IMG]



    As for government debt:
    [​IMG]


    Let's see the economic crisis coming which Jew press is predicting!
     
  5. ekrem
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    ekrem VIP Member

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  6. ekrem
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    ekrem VIP Member

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  7. ekrem
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    ekrem VIP Member

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    [​IMG]
    http://www.ukti.gov.uk/download/file/174660.html

    - 65% of industrial exports from the MENA (Middle East And North Africa) region originate from Turkey

    - Turkey has become Europe’s 2nd largest iron and steel maker and the world’s leading producer of construction iron.

    - The 5th largest shipbuilding country of the world.

    - Turkey is the biggest bus manufacturer and the third largest light commercial vehicle manufacturer in Europe

    - Turkey's export volume in 2010 is more than Turkey’s total export volume between 1923 and 1990.

    - During the global financial crisis net profits of the banking sector rose by 50%

    - Turkey has been meeting Europe's Maastricht Criterion (debt-to-GDP below 60%) on public debt since 2004.

    - Turkey was one of the few countries whose credit rating was upgraded by two notches by Fitch during the global financial crisis.

    - In terms of motor vehicles, Turkey is the Europe’s 5th and the world’s 15th largest producer.

    - In 2009 Turkey was the 7th most visited country in the world

    - Istanbul is the 3rd mostly visited city of Europe, after London and Paris.

    - Turkey will be the highest growing IT market in the 2009-2014 period, followed by Poland.

    - Turkish company Vestel is the largest TV manufacturer in Europe accounting for 16% of the LCD TV, as well as 25% of the digital set-top boxes markets in Europe.

    - One in every 6 electrical household appliances in Europe is “made in Turkey”

    - Turkey has the 2nd largest telecommunications market in Europe after Germany

    - Turkish owned Turkcell is the third biggest operator in Europe in terms of
    number of subscribers.
     
  8. Photonic
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    Photonic Ad astra!

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    So racial epithets help your argument...how?
     
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  9. ekrem
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    ekrem VIP Member

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    Piss of with your selective reading, wanker.
    Nothing to say about that Jew talking about "Turkish butt-fucking" in his 1st post?
     
  10. Photonic
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    Photonic Ad astra!

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    No he's bad too, but you're just as bad responding like that.
     

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