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Aesma
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Lira collapses as Erdogan tells Turks: They have 'their dollars,' we have 'our god'

Fri Aug 10, 2018 4:01 pm

Title from : https://www.cnbc.com/2018/08/10/lira-hi ... ollar.html

This could hurt. Let's hope it will diminish the personality cult around Erdogan.
New Technology is the name we give to stuff that doesn't work yet. Douglas Adams
 
P1aneMad
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Re: Lira collapses as Erdogan tells Turks: They have 'their dollars,' we have 'our god'

Fri Aug 10, 2018 5:13 pm

The citizens of Turkey have only Erdogoon to blame for this calamity.
 
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mercure1
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Re: Lira collapses as Erdogan tells Turks: They have 'their dollars,' we have 'our god'

Sat Aug 11, 2018 5:21 am

Honestly any stand off will likely raise Erdogans support.

The West wants puppet regimes to push around and Erdogan (and hopefully Turkish people) will no longer play the part.

Turks are very nationalistic and if the ill advised coup is any indication people will pour to the streets to support their government and opposition parties will also offer their support.
 
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moo
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Re: Lira collapses as Erdogan tells Turks: They have 'their dollars,' we have 'our god'

Sat Aug 11, 2018 8:09 am

mercure1 wrote:
Honestly any stand off will likely raise Erdogans support.

The West wants puppet regimes to push around and Erdogan (and hopefully Turkish people) will no longer play the part.

Turks are very nationalistic and if the ill advised coup is any indication people will pour to the streets to support their government and opposition parties will also offer their support.


Any "leader" that had to arrest and imprison thousands of academics and judges isn't a person that should be in any position of authority at all.
 
LJ
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Re: Lira collapses as Erdogan tells Turks: They have 'their dollars,' we have 'our god'

Sat Aug 11, 2018 10:22 am

Aesma wrote:
Title from : https://www.cnbc.com/2018/08/10/lira-hi ... ollar.html

This could hurt. Let's hope it will diminish the personality cult around Erdogan.


Probably not. It's like with Trump, those who support him will blame every negative consequence on the outside world (Europe and the US) and/or the opposition.
 
tommy1808
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Re: Lira collapses as Erdogan tells Turks: They have 'their dollars,' we have 'our god'

Sat Aug 11, 2018 10:35 am

LJ wrote:
Aesma wrote:
Title from : https://www.cnbc.com/2018/08/10/lira-hi ... ollar.html

This could hurt. Let's hope it will diminish the personality cult around Erdogan.


Probably not. It's like with Trump, those who support him will blame every negative consequence on the outside world (Europe and the US) and/or the opposition.


Then again his fans don't seem to convert their EUR, USD and such into Lira. That support seems to end where it starts costing money.

Best regards
Thomas
This Singature is a safe space......
 
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Aesma
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Re: Lira collapses as Erdogan tells Turks: They have 'their dollars,' we have 'our god'

Sat Aug 11, 2018 2:56 pm

Many of his supporters have seen an improvement in their livelihoods over the years, but might not be so well off they would hold foreign currency. Now if there is an economic crisis, they'll be the hardest hit, too.

Erdogan has so much power that if he wants to keep it nothing can stop him, so indeed the country could collapse around him, look at Syria next door.
New Technology is the name we give to stuff that doesn't work yet. Douglas Adams
 
LJ
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Re: Lira collapses as Erdogan tells Turks: They have 'their dollars,' we have 'our god'

Sat Aug 11, 2018 3:43 pm

tommy1808 wrote:
LJ wrote:
Probably not. It's like with Trump, those who support him will blame every negative consequence on the outside world (Europe and the US) and/or the opposition.


Then again his fans don't seem to convert their EUR, USD and such into Lira. That support seems to end where it starts costing money.
an is similar to Trump on;

One can be a very loud supporter but do different things in private. As long as Erdogan isn't going after people who have foreign currency, he'll ahve no problems. However, those with mortgages in EUR or USD will have it more difficult. However, they'll still blame the EU and the US as the root cause for their misery.

Erdogan is similar to Trump, but only a lot smarter (and more dangerous) than Trump.

Aesma wrote:
Erdogan has so much power that if he wants to keep it nothing can stop him, so indeed the country could collapse around him, look at Syria next door.


To be honest, I don't see anything happening soon. Erdogan is a lot smarter than Assad. Assad is your classic dictator who graps what he can, Erdogan knows much better how far he can go (not to mention he needs the support of an extremist party).
 
MaverickM11
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Re: Lira collapses as Erdogan tells Turks: They have 'their dollars,' we have 'our god'

Tue Aug 14, 2018 3:38 am

Aesma wrote:
Title from : https://www.cnbc.com/2018/08/10/lira-hi ... ollar.html

This could hurt. Let's hope it will diminish the personality cult around Erdogan.

Doubt it. Turkey's goose has been cooked for a while, and voters have just doubled down
E pur si muove -Galileo

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