TR Economy & Updates

[Nutuk]

ROFL that debt table is so deceiphing.

If the US has the highest debt, who is ought to get the money, who is the lender? Yes US has a mountain of debt but at the same time they have also lend out a mountain of money.

With Turkey it is only debt, no one who owes Turkey

 

[Turko]

Gratefully and finally we all agreed Turkish government has great debt and goverment debt/ GDP increasing moreover we also understand that government pays high interest rates for its debts.

I wish we would also understand that USA print USD.

Also i wish we would understand Turkish government pays interests much more than above-mentioned so called " bankrupt countries".


So our citizens are not in chocolate.

 

[Tornadoss]

In addition to the current national debt, there are also debt for state guaranteed projects, which are around $150 billion. These are not added in the debt.

 

[Grand Charles]

ROFL that debt table is so deceiphing.

If the US has the highest debt, who is ought to get the money, who is the lender? Yes US has a mountain of debt but at the same time they have also lend out a mountain of money.

With Turkey it is only debt, no one who owes Turkey

lend money in paper, the dollar, the debt of the UNITED States is 6000 billion dollars, do you believe that the Chinese accept payment in paper dollar for their raw materials?.
This is what you can't understand, when Apple sells a phone in Turkey it cashes in Lira but exchanges these lira for dollars or euro to Turkish banks,the more the Turks buy American the more Turkey goes into debt and to compensate the Americans use materials from turkish production it is also simple.
The dollar is a monkey currency that many countries no longer want, this is how Libya experienced war by the US.

 

[Grand Charles]

Gratefully and finally we all agreed Turkish government has great debt and goverment debt/ GDP increasing moreover we also understand that government pays high interest rates for its debts.

I wish we would also understand that USA print USD.

Also i wish we would understand Turkish government pays interests much more than above-mentioned so called " bankrupt countries".


So our citizens are not in chocolate.

on interest you are quite right, the poorest countries in Africa pay more when they borrow than the rich countries.
The US earns 40% of its income without doing anything, only 60% comes from its productions.

 

[Ecderha]

ROFL that debt table is so deceiphing.

If the US has the highest debt, who is ought to get the money, who is the lender? Yes US has a mountain of debt but at the same time they have also lend out a mountain of money.

With Turkey it is only debt, no one who owes Turkey

Mate are you real?
So you don't know who is the lender?
usa economy advicers and economy minister decide that they need money and sign documents to get more "dollers or shit paper". Then Federal Reserve (simply FED )recieve this signed documnet and start printing money. FED is also governed as private company . Simple put it is Instrument Forcing usa banks,finacials font, private owner of asset to " hold stock in as warant".This is ONLY on paper -> NO body is allowed to check this papers ARE they REALY have waranting asset of all printed dollars.
So on paper this DEBTS SHould be paid but usa economy is Defaulted.

So to cover up all -> Presidentially appointed board of finacail decition people
Said and they keep saying it.
We can not allow usa to not have "paper"/dollars.
We can not allow usa to not able to pay debts
We can not allow usa to be in default
Ther for We decide finacial of usa each year and sign documents to PRINT paper/dollars. FED obey and print paper and Stock exchange MArket is "buying this BONDS which are equal to dollar prints".

So no body care that all above is just process of document passed from Gov->Fed->Stock exchange->private or Fictional organiztion-> Go to banks to convert bonds to printed dollars-> bonds go to FED. REPEAT.
Where is warant -> There is NONE it is ideal and LEGAL to do above


in order to KEEP above LIE -> usa CONTROL all organization which have legal saying that you econmoy is Rated as BBB= default.
Meaning this organization can NOT DO THAT so they SAY. usa economy CAN pay debts and it is biggest economy there for this LIE must be TRUE -> they rate it as AAA

 

[Turko]

While USA awarding scientist and artists, We label our universities as terror bases. Here is the difference between two sides.

 

[Grand Charles]

While USA awarding scientist and artists, We label our universities as terror bases. Here is the difference between two sides.

Mate are you real?
So you don't know who is the lender?
usa economy advicers and economy minister decide that they need money and sign documents to get more "dollers or shit paper". Then Federal Reserve (simply FED )recieve this signed documnet and start printing money. FED is also governed as private company . Simple put it is Instrument Forcing usa banks,finacials font, private owner of asset to " hold stock in as warant".This is ONLY on paper -> NO body is allowed to check this papers ARE they REALY have waranting asset of all printed dollars.
So on paper this DEBTS SHould be paid but usa economy is Defaulted.

So to cover up all -> Presidentially appointed board of finacail decition people
Said and they keep saying it.
We can not allow usa to not have "paper"/dollars.
We can not allow usa to not able to pay debts
We can not allow usa to be in default
Ther for We decide finacial of usa each year and sign documents to PRINT paper/dollars. FED obey and print paper and Stock exchange MArket is "buying this BONDS which are equal to dollar prints".

So no body care that all above is just process of document passed from Gov->Fed->Stock exchange->private or Fictional organiztion-> Go to banks to convert bonds to printed dollars-> bonds go to FED. REPEAT.
Where is warant -> There is NONE it is ideal and LEGAL to do above


in order to KEEP above LIE -> usa CONTROL all organization which have legal saying that you econmoy is Rated as BBB= default.
Meaning this organization can NOT DO THAT so they SAY. usa economy CAN pay debts and it is biggest economy there for this LIE must be TRUE -> they rate it as AAA

sorry friend but you won't be able to explain this to Iphone or Android fanboys, they see the USA as the masters of the universe.

none of them look at or is Fitch, S*P, Moody's, as if these establishments that live on the dollars, domiciled in the USA were going to kill the goose with the golden eggs, The dollar.
This is how the Ruble is devalued.

 

[Turko]

Currently Minumum pension of labors is 1500TL which happened to equal to 100 EUR.
We have 10 million pensioners who get1500TL from to 3500 TL in Turkey.
What kind of İphone could they afford? People are suffering what kind of stories you are telling.

 

[Grand Charles]

Currently Minumum pension of labors is 1500TL which happened to equal to 100 EUR.
We have 10 million pensioners who get1500TL from to 3500 TL in Turkey.
What kind of İphone could they afford? People are suffering what kind of stories you are telling.

the number of workers at this wage is 6 million, remember that wages remain free and that it is the bosses who refuse to pay.
It is up to the employee to want a higher pay, if you leave the decision to the boss they will give you 10 euros of salary.

In the USA, the boss can put you out when he wants, the problem in Turkey is the bosses who do not pay the employees properly.

 

[mulj]

Greek debts are guaranteed by EU (mostly Germany and to some extend France). Who is guaranteeing Turkish debt? No one. Regarding the US debt dollar is the reserve money of the world and who is gonna collect that debt when the US decides not to pay?

No, it is not. That is illusion based on massive misinformation, brute force, fake trust and fear of collapse. No ground in material goods.

 

[Turko]

the number of workers at this wage is 6 million, remember that wages remain free and that it is the bosses who refuse to pay.
It is up to the employee to want a higher pay, if you leave the decision to the boss they will give you 10 euros of salary.

In the USA, the boss can put you out when he wants, the problem in Turkey is the bosses who do not pay the employees properly.

What kind of wage and salary ? İ am speaking about pensioners and you quoting me. Are you high?

 

[Grand Charles]

What kind of wage and salary ? İ am speaking about pensioners and you quoting me. Are you high?

I must remind you that the salaries of retirement, as well as the minimum wage depend on the employers, if you have had a small salary you will have a small pension.
Everything is connected

 

[Rodeo]

the number of workers at this wage is 6 million, remember that wages remain free and that it is the bosses who refuse to pay.
It is up to the employee to want a higher pay, if you leave the decision to the boss they will give you 10 euros of salary.

In the USA, the boss can put you out when he wants, the problem in Turkey is the bosses who do not pay the employees properly.

Why would the boss pay more when he can easily replace the worker for the same money or for even less? This idiotic economic policy eliminates the middle class and creates a very small extremely wealthy and a very large extremely poor class. Understand this, there's no incentive for employer to give more to the worker. Our people earn less than Chinese workers. You do the math.

And while at it, can you explain, what's your plan to maintain your qualified,educated workforce when their salary gets worthless day by day. How will you stop them leaving the country?
How will you increase the investment in the country when you can't even foresee the weekly value of dollar? Today, the best investment, the best way to earn money is buying dollar. Not by building factories or by develop technology but by buying dollar.

Another thing, If you don't have a good education system, all the posts we have here, the 146 pages so far, is garbage. We can't get out of the middle income trap without a well educated workforce. Why doesn't people talk about this? Monetary policies can't get you anywhere without a solid educational system to back your development. That's the most fundamental thing.

 

[Turko]

I must remind you that the salaries of retirement, as well as the minimum wage depend on the employers, if you have had a small salary you will have a small pension.
Everything is connected

İf government regulates Minumum wages, it mean pensions depends on Santa Claus.

Edit: pensions

 

[Grand Charles]

Why would the boss pay more when he can easily replace the worker for the same money or for even less? This idiotic economic policy eliminates the middle class and creates a very small extremely wealthy and a very large extremely poor class. Understand this, there's no incentive for employer to give more to the worker. Our people earn less than Chinese workers. You do the math.

And while at it, can you explain, what's your plan to maintain your qualified,educated workforce when their salary gets worthless day by day. How will you stop them leaving the country?
How will you increase the investment in the country when you can't even foresee the weekly value of dollar? Today, the best investment, the best way to earn money is buying dollar. Not by building factories or by develop technology but by buying dollar.

Another thing, If you don't have a good education system, all the posts we have here, the 146 pages so far, is garbage. We can't get out of the middle income trap without a well educated workforce. Why doesn't people talk about this? Monetary policies can't get you anywhere without a solid educational system to back your development. That's the most fundamental thing.

you can be sure that an indispensable employee, a boss would never let him go, he will pay a higher salary.
The basic employee who can be replaced by anyone is not so lucky.
A good electrician will never get a bad salary, the company will pay to keep it.
Same for an engineer.
For a qualified person it is not only the salary that counts, in Germany there are people who receive a good salary but who are not happy in their work.

 

[Grand Charles]

İf government regulates Minumum wages, it means minumum wages depends on Santa Claus.

because you, if you have a company the government will force you to pay more?, or hire people?.
We are not in China the friend, I take who I want, and if I am forced to pay more, I take no employees.

 

[Turko]

Minumum f..g labour pension is 100 EUR in our great economy. Pensions pensions pensions pensions pensions pensions.

You have been ignored pathetic troll.

 

[Grand Charles]

Minumum f..g labour pension is 100 EUR in our great economy. Pensions pensions pensions pensions pensions pensions.

You have been ignored pathetic troll.

what is your contribution to the Turkish economy?, to criticize a system you have to be better, trolling without contribution is giving to everyone.
in reality those who develop Turkey do not criticize, it is those who do nothing who criticize and do the trolls

 

[Ecderha]

Currently Minumum pension of labors is 1500TL which happened to equal to 100 EUR.
We have 10 million pensioners who get1500TL from to 3500 TL in Turkey.
What kind of İphone could they afford? People are suffering what kind of stories you are telling.

Common day/month etc.

Turkiye usa
food:
tomato pirce: 1kg = 6,12 TL 1= 6,7 dollars

Clothes:
Pants 1 = 40 TL 1= 40 dollars

Fuel: 1lit = 9.57 TL avarge 5km perday 1lit= 0.90 dollars avarge 30km per day


I can continue but if you CAN understand that Turkiye citizens are NOT in BAD position.



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Buuuut Lot of people DO NOT want to understand. THEY ONLY CARE to COMAPRE with EXCHANGE MONEY
SO in this situation WE COPARE 1 vs 1

Turkiye usa
Apple phone
13 800 TL ? 1060 dollars
Car 280 000TL 30 000 dollars

Yes in second case it is BAD. Why?

1. Turkiye DO NOT produced! SO EXCHANGE TL vs $
2. PRIVATE sector -> companies and people FUCKED TL. Why they GOT LOAN from Foreigner BANKS -> EXCHNAGE TL vs $
This above is the main source of DRIVING Turkiye economy to shit.
IT IS NOT goverment Finacial person. YES They make mistakes but NOT THAT BIG to bring economy down.


People living in the County have The POWER to fuck the economy Step by STEP by Buying and taking LOANS -> From Foreigner BANKS and Foreigner PRoducts->
Why ? Because They are Greeeed and WANT TOys



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Situation Related to Gov-> Country Debts or asset warants of Turkiye -> Which are Related to goverment Finacial person Decition

Turkiey Debts
Goverment related 28%
Private Sector related 70%


Private sector keeeeeeeep pushing TL DOOOOOOOOWN