TR Economy & Updates

[what]

My MSCI Turkey ETF is down, even with the Turkish stock market rising.

 

[Xenon54]

My MSCI Turkey ETF is down, even with the Turkish stock market rising.

As @Nilgiri pointed out the situation is same since decades, its just fluctuating and not really growing.

Another factor that influences it is if you are in a group and the member number is the same but your share drops that means you just perform worse than most of the group.

 

[TheInsider]

Then why are you angry at her if you accept being a fascist? She says the truth.

I'm very democratic against you even though you are right now supporting terrorism. That proves I'm only a fascist against terrorists.

 

[Corvus]

I'm very democratic against you even though you are right now supporting terrorism. That proves I'm only a fascist against terrorists.

Hahahahah very democratic of you calling everyone you dislike a terrorism supporter.

Once again, this proves there's not much difference between current Erdogan&Bahceli&Perincek coalition and new far right movements such as the "party" in your profile picture. Two faces of the same coin.

We see the results of authoritarianism in last 6 years (poverty, corruption, decadance, chauvanism, worsening reputation etc.) and that's why next elections will be between the democrats and the authoritarians. No wonder why your "party" is trying to divide the opposition in favour of the current coalition.

Anyways, let's hope the best for our country.

 

[TheInsider]

Hahahahah very democratic of you calling everyone you dislike a terrorism supporter.

Once again, this proves there's not much difference between current Erdogan&Bahceli&Perincek coalition and new far right movements such as the "party" in your profile picture. Two faces of the same coin.

We see the results of authoritarianism in last 6 years (poverty, corruption, decadance, chauvanism, worsening reputation etc.) and that's why next elections will be between the democrats and the authoritarians. No wonder why your "party" is trying to divide the opposition in favour of the current coalition.

Anyways, let's hope the best for our country.

Your country is Italy.

 

[Corvus]

Your country is Italy.

Thanks for proving my arguments with every message you sent so far I couldn't have found a better opponent to show how narrow-minded and simple the ideology* you represent is.

*It is not actually an ideology but a slogan-based collective masturbation where everyone but you is a traitor, terrorist or some kinda treacherous evil force.

 

[Corvus]

Italians with Turkish background should mind their own business and stop trying to decide the fate of our country.

BTW you are not my opponent you are a nobody who contributed 40 messages most of which are politically motivated. This forum has a higher IQ than you gave credit for.

I don't want to drag this discussion into a personal competition for our egos despite you're doing your best for it.

Since you keep repeating same ignorant comments about me, I will just respond for the last time and then I will be done with you.

I'm not Italian, I'm a Turk who has born and raised in Turkey. Currently, I'm in a research program in the best university of Italy on security studies and I'm about to finalize my work very soon. Since I'm already writing a thesis on defence industries and it's use in diplomacy, I have not much time to kill on this forum as you do.

This forum, just like many other forums that I have been participating since 2008, surely has higher IQ than you give credit for since you're the one that does copy+paste from twitter and selling it in here as "the insider".

Stealing info from twitter and claiming people who you have no idea of "being Italian" shows many things about you but having a high IQ is not one of them I'm afraid.

Ciaoo!!

 

[Nilgiri]

My MSCI Turkey ETF is down, even with the Turkish stock market rising.

ETF tend to have less-volatile components as their main basis compared to larger stock market index....at least from what I have seen of those offered for emerging markets here.

Xenon does good job showing current volatility.

Only with genuine longer term market cap increase (and strong capital flows underlying this) and positive stable sentiment compounding well.....will all general ships (most ETFs among them) be lifted by proven higher water.

You simply cannot generate such a thing with hyperinflationary environment Turkiye currently has.

 

[Kartal1]

@TheInsider @Corvus

Don't be personal guys! Fight the argument not the person behind it. If you take the personal conflict further we will be forced to take some measures. Thank you!

 

[TheInsider]

@TheInsider @Corvus

Don't be personal guys! Fight the argument not the person behind it. If you take the personal conflict further we will be forced to take some measures. Thank you!

Sorry but that person is openly defending Hacer Foggo who is pro-PKK and a proven intelligence asset. He smells FETO.

According to her LGBTI+ kids are at risk of poverty in Turkiye.


She is the founder of Deep Poverty Network (Derin Yoksulluk Ağı). Deep Poverty Network is affiliated with Open Space Association (Açık Alan Derneği). Open Space Association is affiliated with Turkish Philanthropy Funds. A US foundation that is founded to invest in high-effect social investment (they are trying to manipulate our society with American money) in Turkiye. TPF aids establishments and provides funds to them if those establishments fulfill the criteria of the foundation.

Not only she is pro PKK but also pro FETO. She is defending the TV channel of FETO.

According to her Turkish Army killed 44 children.

God, there are so many if I post all of this the post will be too long. Heinrich Böll Stiftung also funds Medyascope another known intelligence asset that is used for
perception management. Of course, our guy with a security Ph.D. knows nothing of those. As he is either naive or dumb.

 

[Zafer]

IMF 2022 PPP GDP estimates. Türkiye holds 11th position.
It should not be too hard to get to 7th position in 7 years.

List of countries by GDP (PPP) - Wikipedia

en.wikipedia.org

 

[BalkanTurk90]

IMF 2022 PPP GDP estimates. Türkiye holds 11th position.
It should not be too hard to get to 7th position in 7 years.

View attachment 51240

List of countries by GDP (PPP) - Wikipedia

en.wikipedia.org

Thats because of big population , indonesia is poor but have huge population thats why its in top 10 .
I dont think Turkiye will be at 7 but can replace france and UK which have lower population and will be at 9 .

 

[Huelague]

IMF 2022 PPP GDP estimates. Türkiye holds 11th position.
It should not be too hard to get to 7th position in 7 years.

View attachment 51240

List of countries by GDP (PPP) - Wikipedia

en.wikipedia.org

And now, per capita income, in relation to inflation and exchange.

 

[Zafer]

And now, per capita income, in relation to inflation and exchange.

What is holding you from posting it, I have done what I wanted to do.

 

[Huelague]

What is holding you from posting it, I have done what I wanted to do.

Turkey
Per capita ~$13.00
1.Dollar - Lira 18.6
1.Euro - Lira 19.6
inflation right now ~ 85%

 

[Zafer]

Turkey
Per capita ~$13.00
1.Dollar - Lira 18.6
1.Euro - Lira 19.6
inflation right now ~ 85%

Doing good, congratulations.

Go to markets and see how people are doing, I go every week.

 

[Tornadoss]

IMF 2022 PPP GDP estimates. Türkiye holds 11th position.
It should not be too hard to get to 7th position in 7 years.

View attachment 51240

List of countries by GDP (PPP) - Wikipedia

en.wikipedia.org

This doesn't mean anything, Russia, India in top ten but most of the citizens are living bad life. The money is on some little elite.

 

[dBSPL]

I listened to a few discussions about the minimum wage today. There is an expectation between 7800-8500 tl, which corresponds to somewhere between 420-460 dollars at the current exchange rate. This means that on January 1, 2016, the highest minimum wage level in the history of the republic in dollar terms, 442 dollars, will be reached again.

I know that people on low incomes need this increase and this is not the aspect of the problem I want to discuss.

The impact of such a large increase on inflation could also be large. Even if additional measures are taken to ensure that it does not have a big impact on production costs, it will certainly have an impact on the employment momentum. Moreover, at the same time, there is also an EYT regulation and millions of people are getting early retirement.

Employees who somehow started their insurance records 25 years ago will be able to retire. These people will continue to work in different fields with small deductions and will have double earnings. In the new year, unskilled workers or those who take a low-level job with no experience will receive up to double their salary with minimum living allowances.

But the purchasing power of, for example, an engineer with 10 years of work experience will erode. Most of the employees with 10-20 years of experience, who make up the backbone of the labor force, are in the private sector and the increases they will receive will not be in line with the minimum wage increase this year, as they were last year. The middle-income group earning salaries in TL is gradually disappearing. This is a very dangerous situation for an economy.

Everyone is talking about the minimum wage and those who threaten votes for early retirement, but unfortunately, no party can voice the economic dilemma faced by the main element of our labor force.

 

[Zafer]

IMF 2022 PPP GDP per capita estimates, selected countries
Chart is prepared by myself

List of countries by GDP (PPP) per capita - Wikipedia

en.wikipedia.org

 

[Huelague]

Doing good, congratulations.

Go to markets and see how people are doing, I go every week.

I don’t live in Turkey. But what I have heard from people there is, they can’t afford the simplest foods. The real inflation is by ~100%.