TR Economy & Updates

Zafer

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The main reason why visas are not issued is if they suspect that people will not go back home. People of rich countries will go back, so there is no problem.
 

Rooxbar

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The reason Turkey is no. 1 in selling citizenships in the world by far (so much so that we sell more than half of all the citizenships sold in the world), is the exact same reason behind the fact that we were lowering the political interest rate just as every other country was increasing it as the supply chains in the world were going to shit due to covid and everybody was expecting inflation to explode. Construction sector lobbyists own the admin and vice versa and our gdp growth numbers have been inflated by that sector for years so diverting credit and demand from that sector is a hard pill to swallow for those who benefit from it both economically and politically.
 

Bozan

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Not posting the video but it's in this thread, warning.

What kind of morality to post a video of a man committing suicide?

In Piazza Shopping Mall in Istanbul, a citizen hung from the railings saying, "I am hungry, my children are hungry, I have debts", and committed suicide without giving a chance to those who wanted to save him.

 

BalkanTurk90

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Tod

2023 gdp will released 29 Şubat
Today i seen new IMF source that is attached in Wikipedia turkish economy , i dont know how real is but its 1.34 Trillion GDP 😍
Screenshot_20240102_233350_Chrome.jpg
 

B_A

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Today i seen new IMF source that is attached in Wikipedia turkish economy , i dont know how real is but its 1.34 Trillion GDP 😍
View attachment 64428
That s normal and achievable if no more crisis or disaster again.

Bulgaria is 17000 USD per capita now.

We have to reach 20k USD asap.

Chinese economy is in deep crisis we would lap out them.
 

Rooxbar

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Chinese economy is not in deep crisis, no matter how many youtube videos americans make about it.
 

BalkanTurk90

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That s normal and achievable if no more crisis or disaster again.

Bulgaria is 17000 USD per capita now.

We have to reach 20k USD asap.

Chinese economy is in deep crisis we would lap out them.
Yes very achievable and those numbers i think are for present not for end of 2024 .
If u look other economies that reached 1 trillion to 2 trillion:
USA 1 Trillion 1969 - 2 Trillion 1977
Japan 1 Trillion 1979 - 2 Trillion 1986
India 2007 - 2014
China 1998 - 2005
So i think Turkiye easy will reach 2 Trillion in 6-7 years like other countries if no major world war happens or another world exonimic crisis
(Turkiye 1 Trillion 2023 - 2 Trillion 2029
 

DBdev

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Türkiye is at the very bottom of

OECD comparative price levels list:​

Meaning to buy the same $100 supermarket goods in OECD countries Turks have to pay the least amount $36!

Life is cheapest in Türkiye in a sense. Now that minimum wage is around $570 or so life is even more comfortable.
Minimum wage is in US according to a simple search is $1160 a month.

Turkish minimum wage can buy $1583 worth groceries according to my calculation.

There are Americans that work 3-4 jobs a day to just get by.

Most Americans in big cities will never own a house unlike their parents. They don't have free insurance. Paid insurance most of the time doesn't cover eye, dental etc etc. They have 2-3 weeks a year UNPAID vacation rights. Movies rarely show those people. Most of the movies are in Manhattan. Everyone is a billionaire. Even the family in home alone. Was estimated in 2022 that the house was worth about $2.4 million. The American dream is bullshit. Be grateful for our country. Grass is always greener on the other side until you go to the other side.

 
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BalkanTurk90

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Türkiye is at the very bottom of

OECD comparative price levels list:​

Meaning to buy the same $100 supermarket goods in OECD countries Turks have to pay the least amount $36!

Life is cheapest in Türkiye in a sense. Now that minimum wage is around $570 or so life is even more comfortable.
Minimum wage is in US according to a simple search is $1160 a month.

Turkish minimum wage can buy $1583 worth groceries according to my calculation.

There are Americans that work 3-4 jobs a day to just get by. Most Americans in big cities will never own a house unlike their parents. They don't have free insurance. Paid insurance most of the time doesn't cover eye, dental etc etc. They have 2-3 weeks a year UNPAID vacation rights. Movies rarely show those people. Most of the movies are in Manhattan. Everyone is a billionaire. Even the family in home alone. Was estimated in 2022 that the house was worth about $2.4 million. The American dream is bullshit. Be grateful for our country. Grass is always greener on the other side until you go to the other side.

When USA economy was 1 Trillion in 1969 , americans would buy a home for 22 000 $ , now in 2024 they can get one for 500 000 $ . So comparing Turkiye and USA in Dollar is not fair because of differential prices and other factories just like USA 1970 vs Usa 2024 🤦‍♂️
Lets take averange job in USA in 1970 (teacher) Salary 8600 per year and will buy house in just 3 years
Teachers in 2023 with averange salary of 68 000 will need 8 years to reach 500k and buy a home from 3 to 8 , This example is aslo for other living foods etc etc . So americans have became poorer . They lucky that their grandmothers dont borth 6+ babies because they would became like india gheto homeless . They born 1 or 2 children and they can inherit home free and other kid can became good busnessman or doctor and buy home on its own.
 
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