TR Economy & Updates

[Anastasius]

Not really
I can say that RTE may give myriads of technology but Iam sure he wont give military tech to any1 unless he is getting similar tech (in terms of importance) back
Lets not forget that the modernisation and domestication of the military is what made Erdo able to screw other powers in East Med
If that was the case, he would have given complete TB2 tech to Ukraine, signed deals to produce koral EW systems in foreign nations or give TB2 to KSA when they were providing anti-turkey forces with funds and money
Erdo isnt crazy yet, and lets not forget Erdo's ambition. TSK increasing strength is a rare growing card that will aid him in the future
Oh and getting shares or investments doesnt entitle you to techs as far as I know. All what it does is giving you a share of the profits gained by the company. The more decent the company, the more stable the prospects of you getting decent stable shares will be. That is why many would prefer to invest in defense industries
Above all, Ismail Demir would also have to agree and I know as well that he wont

Uh, I'm pretty sure at one point Erdo wanted to sell TB2 to KSA.

The modernization process also started before him.

 

[Adıvar]

MBZ is coming to Turkey

https://twitter.com/i/web/status/1459990854928683013

@Philip the Arab

Nothing related to Sedat Peker?

 

[Saithan]

https://twitter.com/i/web/status/1460563033718235139

CHP leader reading page of RTE book on economics. Page explaining @Zafer airport

 

[Zafer]

You can't expect every bet to pay good dividends, that is how the world is.

 

[Tornadoss]

You can't expect every bet to pay good dividends, that is how the world is.

Governing a country is not a gamble, tax payers money is not there for that. There is a reason for feasibility studies.
The aim is not progression but making their cronies richer.

 

[Anastasius]

Reminds me of how Iceland imprisoned pretty much of all their bankers after the Great Recession and forced them to pay back all the money they stole from the public.

Based Icelanders.

 

[Saithan]

Public finance to remain important pillar of economic stability: Minister - Latest News

Strong public finance will continue to be an important pillar of macroeconomic stability in Turkey, the country's treasury and finance minister said on Nov. 16.

www.hurriyetdailynews.com

No one cares what this man says, only what's done and with a finger on the trigger for fire sale when they break what they promise or do something else.

 

[Lool]

https://twitter.com/i/web/status/1460563033718235139

CHP leader reading page of RTE book on economics. Page explaining @Zafer airport

Well Covid did screw the tourism industry after all

Honestly, If Kilicdaroglu wanna win, he should make concise pinpoint arguments that are impossible to refute. Out of all the screw ups, he chose Zafer airport?
Him, refuting the Zafer airport, makes me remember when he used to whine like a baby about the new Istanbul airport and how will it ruin the beauty of Istanbul; yet, it ended up as the second best airport in the world and the best in all of Europe

 

[Saithan]

I don't think Kilicdaroglu is going to win, if he fails he's finished politically. Politicians in Turkey don't have the decency to quit when they are unsuccesful. So the old dogs stay and drag down everything.

I think Deva and other parties are going to get a big leap and acceptance, but they don't have principal standings. they're willing to compromise everything.

 

[Zafer]

The picture 2021.

Top 15 countries for their Total PPP GDP (in blue) and PPP GDP per capita (in orange).
Turkey ranks 11th.
Turkey has the potential to rise to 7th position in the medium term.
An average American is twice as rich as an average Türk.

To be able show very small and very large numbers in the same chart I divided each series by their lowest value, with India and Canada being the bases.

 

[Saithan]

Russian Sberbank to loan $800M for Turkey's Akkuyu Nuclear Plant

Russian bank Sberbank will provide a loan of $800 million (TL 8.3 billion) to Akkuyu Nuclear Inc. for a period of seven years to construct four units at...

www.dailysabah.com

I thought Russia provided the entire investment for this project and we paid it in installments.

 

[Saithan]

Turkey's Ronesans to buy 51% of Gaziantep hospital, sources say

Turkish construction company Ronesans has signed a series of deals to buy 51% of the unfinished 636 million-euro ($723 million) Gaziantep hospital project, one of the country's mega public-private partnerships (PPP), two sources told Reuters.

www.reuters.com

Webuild S p A : Turkey’s Ronesans ‘in talks to acquire majority stake in Gaziantep City Hospital project’

Ronesans Saglik Yatirim is in talks to buy a majority stake in Turkey's Gaziantep City Hospital, unnamed people with knowledge of the matter have informed Bloomberg on September 15. Samsung C&T...

www.marketscreener.com

The government has provided a total of $154bn in income guarantees for PPP projects, including $81bn for city hospitals, $35bn for the Akkuyu nuclear plant project being built by Russian contractors and $37bn for remaining transportation projects, according to calculations made by Ugur Emek.

The $81bn sum will definitely be paid to city hospital operators as it will flow in the form of rent expended by the health ministry. Some guarantees given by the government could possibly be unrealised if concerned projects earn money. However, among the completed projects, there is yet to be a self-financing project.

 

[Saithan]

President Erdoğan vows to fight high interest rates, inflation - Türkiye News

President Recep Tayyip Erdoğan has reiterated his continued fight against high interest rates and inflation, vowing to take measures to protect the low-income groups in the face of rising living costs.

www.hurriyetdailynews.com

“independent”

 

[Nilgiri]

A) "twice as rich" is a statement of wealth....not income (which is the yearly gross input to it...some of which is converted to net wealth)

B) GDP Per capita, whether nominal or PPP, correlates somewhat to income, not wealth. It however has a number of flaws in both cases in doing so.....given GDP is a production estimate that has investment and consumption sub-estimates that are not so relevant to the 90% population.

C) Wealth estimates (essentially integrals of gross and net incomes) are done differently (to GDP), the largest long term study of such is done by credit suisse:

Global Wealth Report

The most comprehensive and up-to-date resource of its kind. Our Global wealth report analyzes the household wealth of 5.2 billion people across the globe.

www.credit-suisse.com

Looking at Turkey in the last decade:

Turkey's Wealth per Adult:

2010 = 36,500 USD

2015 = 34,000 USD

2020 = 27,500 USD (essentially the same as 2019 number pre-pandemic).

This decline becomes even more brazen when compared in relative sense to rest of the developing world's major countries which have doubled, tripled etc in the same time....though some have stagnated at very low number (like where "virus guy" is actually from).

The effect of the AKP administration last 10 years has been quite pronounced to say the least, on top of the inflation they are now inflicting on the population on top.


==============================================================================

The virus-fan guy (a clear established credible Turk ever since he joined) can maybe hit a " " if this tickles his very high IQ + AKP-extreme-loving "funny" bone.

But I doubt he will....certainly not like that time he spammed "" in Indian subsection in a very classy way indicative of the intellect on offer.

After all members are free to imagine the mental state of someone naming themselves after a virus that has killed so many in the world.

Or maybe thats just another big joke for this intellect.....since his red-flag idol that his kind worships (extremely non-hypocritically and non-ironically of course) unleashed it.

After all being a 1 in a million "quick to translate Hindi/Urdu" claimed-Turk (shying away from any actual Turkish language chat though) is just a small iota of whats going on in the high intelligence and sound head.

The particular little ecosystem of certain selective hitting likes + back patting on anything that will seemingly help/promote/justify AKP admin by him..... is quite something....and tells you a lot about who is right and wrong in the end in Turkey....and what actual secular nationalism in Turkey has been established (quite unlike where this guy is actually from).

Extreme simping in political sphere, esp by those that are actually foreigners (and are indulged for their simping by the local simps...rather than fundamental credibility questioned first)......is one of the most toxic things for any country.

Foreign extreme-cringey ertugul simps....they're special wonderful types you see.

For Turkey to mature needs solid grappling with the local domestic variants of this type. You see they are too smart and too evolved for us mouthbreathers.

 

[Nilgiri]

Ur stat dont take count what all whom are against RTE défend: gezi,19_24/12,hendek,zee,est Med,syria,libya,karabagh,3rd bridge,Istanbul airport,state attempt...if de let Ur masters leasing without doing all donne since 2002 so U dont sée any crisis but with a 2000 gdp nearly 300b$ and AT least yes you would bé free without money to!!!
But i dont need that U quote me why U search to make propaganda to Ur western masters..let democracy talking and WE won again in 2023 ans U continue to shooting,crying liké green people do against Real turkish owner !!!

I don't understand what this all is. Are you using google translate?

 

[Hayat]

I don't understand what this all is. Are you using google translate?

Thé basic answer when there is nothing to answer

 

[what]

Ur stat dont take count what all whom are against RTE défend: gezi,19_24/12,hendek,zee,est Med,syria,libya,karabagh,3rd bridge,Istanbul airport,state attempt...if de let Ur masters leasing without doing all donne since 2002 so U dont sée any crisis but with a 2000 gdp nearly 300b$ and AT least yes you would bé free without money to!!!
But i dont need that U quote me why U search to make propaganda to Ur western masters..let democracy talking and WE won again in 2023 ans U continue to shooting,crying liké green people do against Real turkish owner !!!

We all speak English as a second language, but your posts are really hard to read and understand.

 

[Zafer]

A) "twice as rich" is a statement of wealth....not income (which is the yearly gross input to it...some of which is converted to net wealth)

B) GDP Per capita, whether nominal or PPP, correlates somewhat to income, not wealth. It however has a number of flaws in both cases in doing so.....given GDP is a production estimate that has investment and consumption sub-estimates that are not so relevant to the 90% population.

C) Wealth estimates (essentially integrals of gross and net incomes) are done differently (to GDP), the largest long term study of such is done by credit suisse:

Global Wealth Report

The most comprehensive and up-to-date resource of its kind. Our Global wealth report analyzes the household wealth of 5.2 billion people across the globe.

www.credit-suisse.com

Looking at Turkey in the last decade:

Turkey's Wealth per Adult:

2010 = 36,500 USD

2015 = 34,000 USD

2020 = 27,500 USD (essentially the same as 2019 number pre-pandemic).

This decline becomes even more brazen when compared in relative sense to rest of the developing world's major countries which have doubled, tripled etc in the same time....though some have stagnated at very low number (like where "virus guy" is actually from).

The effect of the AKP administration last 10 years has been quite pronounced to say the least, on top of the inflation they are now inflicting on the population on top.


==============================================================================

The virus-fan guy (a clear established credible Turk ever since he joined) can maybe hit a " " if this tickles his very high IQ + AKP-extreme-loving "funny" bone.

But I doubt he will....certainly not like that time he spammed "" in Indian subsection in a very classy way indicative of the intellect on offer.

After all members are free to imagine the mental state of someone naming themselves after a virus that has killed so many in the world.

Or maybe thats just another big joke for this intellect.....since his red-flag idol that his kind worships (extremely non-hypocritically and non-ironically of course) unleashed it.

After all being a 1 in a million "quick to translate Hindi/Urdu" claimed-Turk (shying away from any actual Turkish language chat though) is just a small iota of whats going on in the high intelligence and sound head.

The particular little ecosystem of certain selective hitting likes + back patting on anything that will seemingly help/promote/justify AKP admin by him..... is quite something....and tells you a lot about who is right and wrong in the end in Turkey....and what actual secular nationalism in Turkey has been established (quite unlike where this guy is actually from).

Extreme simping in political sphere, esp by those that are actually foreigners (and are indulged for their simping by the local simps...rather than fundamental credibility questioned first)......is one of the most toxic things for any country.

Foreign extreme-cringey ertugul simps....they're special wonderful types you see.

For Turkey to mature needs solid grappling with the local domestic variants of this type. You see they are too smart and too evolved for us mouthbreathers.

Where did you get those numbers from?

 

[Anmdt]

Minister of Treasury and Finance Lutfi Elvan, yesterday when President Erdogan was speaking about being against the interest.
Today it is reported that he might have been taken from his position, and earlier it was rumored he was appointed for resignation.

 

[Saithan]

Central Bank cuts benchmark rate to 15 pct - Latest News

The Turkish Central Bank on Nov. 18 cut its benchmark one-week repo rate by 100 basis points from 16 percent to 15 percent in line with market expectations.

www.hurriyetdailynews.com

It's like under Trump. even his own people knew it was bad to be promoted, but feared someone with less competences would be appointed if they said no.

CHP, İYİ Party call for early elections - Türkiye News

Main opposition Republican People’s Party (CHP) leader Kemal Kılıçdaroğlu and İYİ (Good) Party chair Meral Akşener on Nov. 17 called for early elections.

www.hurriyetdailynews.com

Hazine ve Maliye Bakanı Lütfi Elvan Erdoğan’ı neden alkışlamadı?

Cumhurbaşkanı ve AKP Genel Başkanı Recep Tayyip Erdoğan, partisinin TBMM Grup toplantısında konuştu.

www.veryansintv.com