TR Economy & Updates

[Grand Charles]

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.



---------------------------------------------------------------------------------------------------------------------------------

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



------------------------------------------------------------------------------------------------------------------------------------------------------


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

You're right , if Turkey doesn't tax imports, the market would be flooded with American products or European cars.
As long as Turkey does not produce enough, taxes make it possible to reduce foreign imports.
Without taxes the trade balance would be bankrupt.
All those Turks who criticize and produce nothing want to sink the country for their personal comfort

 

[Rodeo]

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.

What are you talking about? What indispensable employee? I'm talking about workers. Most of Turkey is "basic employee" by your account. These people have families. I can't understand how you could be so callous and imply that they should just be fired. These people have families. They have children who'll be the future of this country. You sacrifice them, you sacrifice the future of the country. To you, the economy is for the few wealthy. Anyone else should just be cut off and be happy that some exporters can earn few more bucks at the expense of the entire population.

 

[Grand Charles]

What are you talking about? What indispensable employee? I'm talking about workers. Most of Turkey is "basic employee" by your account. These people have families. I can't understand how you could be so callous and imply that they should just be fired. These people have families. They have children who'll be the future of this country. You sacrifice them, you sacrifice the future of the country. To you, the economy is for the few wealthy. Anyone else should just be cut off and be happy that some exporters can earn more money at the expense of the population.

ok man, but we go around in circles, the bosses are also people, and have families, they are Turks too, do you want us to force the bosses to hire by force?.
One day maybe you will have a shop and I am sure you will look at your interest and you will not be happy against the government that will force you to pay more wages.

 

[Rodeo]

ok man, but we go around in circles, the bosses are also people, and have families, they are Turks too, do you want us to force the bosses to hire by force?.
One day maybe you will have a shop and I am sure you will look at your interest and you will not be happy against the government that will force you to pay more wages.

The bosses are neither guilty nor responsible for this mess. It's entirely on the government, or on Erdogan should I say.

 

[Turko]

Fucking 100EUR pension is enough. yeah great money . 10kg fresh meat you can eat if you are homeless.

 

[Anmdt]

I am kindly inviting the ones who believes economy is good in Turkey, to come Turkey particularly Istanbul.

I will provide you minimum wage and ask you to live 'happily' with 2850 lira for 30 days. This includes transportation, bills, housing.

If you can't you you will be thrown in front of minimum wage earner Fathers of 2 kid families with a single income to be beaten, if you can meet the end of the month by living a proper humanly life i will give you $5k.

Any taker?

Let me warn you;
Average broken and old 1+1 house is 1500 lira in rent, no furnitures you gotta spare 50-100 for the furnitures as installment.
Gas (250 very optimistic), electricity(100), internet(100 cheapest) and water(50), phone (40 cheapest) bills are roughly 500 lira. Also the house equipments another 100 lira installment for washing machine, ovenz stove.
Transportation, (public 9 lira per day single transportation) 250-300 lira. If you want to use a car gasoline equilavent of 40km per day.

What do you plan to eat with remaining 300 lira? simit is something like 4 lira, or maybe already 5. 3 simit, one for each course, in a day meets 450 lira. Can you really sustain a humanly life with that money assuming you will also need clothing and shoes?

Who on earth devaluated TRY on purpose? Those minimum wage workers? Are you high on Erdogan or what, give us your recipe the Nation need your recipe to relax a little nowadays?

 

[Grand Charles]

I am kindly inviting the ones who believes economy is good in Turkey, to come Turkey particularly Istanbul.

I will provide you minimum wage and ask you to live 'happily' with 2850 lira for 30 days. This includes transportation, bills, housing.

If you can't you you will be thrown in front of minimum wage earner Fathers of 2 kid families with a single income to be beaten, if you can meet the end of the month by living a proper humanly life i will give you $5k.

Any taker?

Let me warn you;
Average broken and old 1+1 house is 1500 lira in rent, no furnitures you gotta spare 50-100 for the furnitures as installment.
Gas (250 very optimistic), electricity(100), internet(100 cheapest) and water(50), phone (40 cheapest) bills are roughly 500 lira. Also the house equipments another 100 lira installment for washing machine, ovenz stove.
Transportation, (public 9 lira per day single transportation) 250-300 lira. If you want to use a car gasoline equilavent of 40km per day.

What do you plan to eat with remaining 300 lira? simit is something like 4 lira, or maybe already 5. 3 simit, one for each course, in a day meets 450 lira. Can you really sustain a humanly life with that money assuming you will also need clothing and shoes?

Who on earth devaluated TRY on purpose? Those minimum wage workers? Are you high on Erdogan or what, give us your recipe the Nation need your recipe to relax a little nowadays?

Why will we have to receive the minimum wage if we have the skills to earn better?.
You've ever seen a qualified plumber or electrician touch 2800 TL.
Stop believing in Santa Claus, that without any skills you will touch 10000 TL.
No one pays someone without qualities, people who are professionals are well paid, others without qualifications they receive the minimum.
If you have 5000 dollars to give for a bet it's because you're a good actor, what's your goal?.
You are really a joke.

 

[Tornadoss]

Are there any economists here?, it seems that no, many speak without knowing the secret figures of the Turkish central bank.
Turkey's economy is doing very well, production is rising, exports exploding just after China, while the countries of the euro zone and the USA are in full recession.

Does Jordan have a better economy than all 27 European countries, it looks like yes according to economists here
1 Jordanian Dinar =

1,2525196 Euro

View attachment 36782

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.

the only solution is an independence of the military industry, on the currency you will not be able to do, they are the ones who dictate the rules, Moody's, S*P, Fitch, they are the ones who decide the grades AA or AA-

I guess you are the same person with @Dr boss .

Same notation when referring to credit institutions. And this guy was from France and now the first message I quoted was taken from some french site.

@T-123456 are multiple accounts allowed here?

 

[Grand Charles]

The bosses are neither guilty nor responsible for this mess. It's entirely on the government, or on Erdogan should I say.

a simple solution
prohibition of traders to take euros and dollars, currencies only in banks and exchange offices.
No trade in Europe accepts dollars or another currency like the Swiss franc
thus the TL will regain importance within Turkish society

 

[Grand Charles]

I guess you are the same person with @Dr boss .

Same notation when referring to credit institutions. And this guy was from France and now the first message I quoted was taken from some french site.

many people think like this, do you think I'm the only one who thinks this way and asks myself these questions?. You should take a look at other forums instead of trolling that doesn't provide any answers

 

[Grand Charles]

I guess you are the same person with @Dr boss .

Same notation when referring to credit institutions. And this guy was from France and now the first message I quoted was taken from some french site.

@T-123456 are multiple accounts allowed here?

In Turkey we will have a good winter but it seems that the winter will be expensive and harsh at home, so leave Turkey to the real Turks
Already facing high inflation since the start of the year, the Czechs also have to contend with soaring energy prices. After the recent bankruptcy of an alternative supplier, and while European environmental policy is not unanimous, many fear the coming winter, observes the weekly Respekt.

 

[Rodeo]

a simple solution
prohibition of traders to take euros and dollars, currencies only in banks and exchange offices.
No trade in Europe accepts dollars or another currency like the Swiss franc
thus the TL will regain importance within Turkish society

You don't seem to understand the issue. Trade is already on TL. But because there's no trust in the government and as an extension no trust to TL, there's huge daily swings of TL valuation. When the local currency is so vulnerable and unpredictable the seller can't put a price on his good. So, essentially, the trade stops. Because the moment he sells his goods he doesn't know at what price he will replace the sold item.

There's one thing sure with this model and that's that dollar will rise and I should buy more of it to protect my savings, or just to get by. Even for staunch Erdogan supporters the Turkish lira is not a credible or trustable currency anymore. I would consider myself a patriot but I feel stupid if I keep any money on TL. And that's thanks to Erdogan.

 

[Grand Charles]

You don't seem to understand the issue. Trade is already on TL. But because there's no trust in the government and as an extension no trust to TL, there's huge daily swings of TL valuation. When the local currency is so vulnerable and unpredictable the seller can't put a price on his good. So, essentially, the trade stops. Because the moment he sells his goods he doesn't know at what price he will replace the sold item.

There's one thing sure with this model and that's that dollar will rise and I should buy more of it to protect my savings, or just to get by. Even for staunch Erdogan supporters the Turkish lira is not a credible or trustable currency anymore. I would consider myself a patriot but I feel stupid if I keep any money on TL. And that's thanks to Erdogan

ok friend, i agree on some points, but local production also increases prices, everyone benefits.
Pomegranates are increasing by magic as Turkey is one of the biggest producers in Europe.

you know our traders, they are the first to jump on increases, like our taxis in istanbul

 

[Tornadoss]

In Turkey we will have a good winter but it seems that the winter will be expensive and harsh at home, so leave Turkey to the real Turks
Already facing high inflation since the start of the year, the Czechs also have to contend with soaring energy prices. After the recent bankruptcy of an alternative supplier, and while European environmental policy is not unanimous, many fear the coming winter, observes the weekly Respekt.

View attachment 36880

Come on faker don't pretend like you are living in Turkey. Here, the inflation was %3 pre-covid currently around %5.8 but when I go to market I feel barely the effect. The sad thing is beer prices are increasing. Indeed energy prices increasing due to the latest stand of with Russia but we will survive here.

 

[Anmdt]

Why will we have to receive the minimum wage if we have the skills to earn better?.
You've ever seen a qualified plumber or electrician touch 2800 TL.
Stop believing in Santa Claus, that without any skills you will touch 10000 TL.
No one pays someone without qualities, people who are professionals are well paid, others without qualifications they receive the minimum.
If you have 5000 dollars to give for a bet it's because you're a good actor, what's your goal?.
You are really a joke.

We all see who is a joke in here.

A huge portion of nation are forced to work with minimum wage because the unemployment sky rockets.
Many of them can not even make minimum wage because of the greedy employers who keeps them working unregistered and state is not halting this to keep production at low cost.

How do you think you can make 10k TRY? A person i know who has done MsC abroad and working at a well known defense industry firm, who is also experienced on a rare field, makes 10k. With raise he will likely get 13-14. You really dont live in Turkey, you don't know how things work here but keep bragging that all is good.

The minimum wage secures public to live up to good standards. There will be people who is earning minimum wage even in the most developed country or utopia.

 

[Lool]

I still dont understand why ppl are trying to defend the current policies IMO?
I for one, believe that Erdo is a bit better than most opposition candidates, but the current economic policies he is implementing is just wrong and cruel!

The Turks, have lived for decades, under a strong lira; thus, many of the daily necessities of the Turks are imported in order to keep prices low and reduce costs of living. What Erdo done is literally throw that policy out of the window in just 2 to 3 months; i-e, dropping the lira from 6.9 to 13.7; cou0le that with supply chain bottlenecks, reduced tourism income, & rising oil prices. This literally screwed the Turks over.
You cant just follow such policies without even preparing the necessary infrastructire to support it!
Turkey should have prepared robust companies that produce the imported goods nationally and should be of reasonable prices, & decent quality; yet, no company of such calibers can be prepared in 3 months time

From how I see it, Erdo's current policies are just outright cruel and the idea of such policies returning benefits after 2 or even 3 years isnt even a proper justification

 

[Grand Charles]

I still dont understand why ppl are trying to defend the current policies IMO?
I for one, believe that Erdo is a bit better than most opposition candidates, but the current economic policies he is implementing is just wrong and cruel!

The Turks, have lived for decades, under a strong lira; thus, many of the daily necessities of the Turks are imported in order to keep prices low and reduce costs of living. What Erdo done is literally throw that policy out of the window in just 2 to 3 months; i-e, dropping the lira from 6.9 to 13.7; cou0le that with supply chain bottlenecks, reduced tourism income, & rising oil prices. This literally screwed the Turks over.
You cant just follow such policies without even preparing the necessary infrastructire to support it!
Turkey should have prepared robust companies that produce the imported goods nationally and should be of reasonable prices, & decent quality; yet, no company of such calibers can be prepared in 3 months time

From how I see it, Erdo's current policies are just outright cruel and the idea of such policies returning benefits after 2 or even 3 years isnt even a proper justification

on the industrial and military level, the government is doing good job, but on the civilian industry side, the Turks are not playing the game, they prefer to invest in foreign currencies than to set up businesses.
They complain that there is not enough agriculture and food production when they do not want to create or work in these sectors.
They leave the countryside to come take a taxi or sell imported products in Istanbul.
What do you want the government to do?
It is not China to oblige the population

 

[Tornadoss]

good luck but for me your country remains a third world country, no city in the Czech Republic is equal to Istanbul, does not compare what is incomparable.
Turkey manages on its own, without counting on the Euro, that's what makes the difference.

CZ is not my country, I am here since 2020 August, I lived my whole life in Turkey, unlike you. But the beauty of this country is being very peaceful. It's number 9 in the world. You feel safe in contrast to İstanbul.
https://statisticstimes.com/ranking/global-peace-index.php

Btw Czech Republic is not using EURO its currency is the Czech koruna.

 

[Tornadoss]

Btw you guys talking about imports blaming people for buying Iphone etc and increasing the import values. But during the akp government, this country is importing even tailings, we are importing all kinds of grains walnuts etc. Instead of supporting local production, they imported all these things. And when people complained about this Minister of Agriculture make this statement We have money, so we are importing (paramız var ki ithal ediyoruz).

 

[Grand Charles]

Btw you guys talking about imports blaming people for buying Iphone etc and increasing the import values. But during the akp government, this country is importing even tailings, we are importing all kinds of grains walnuts etc. Instead of supporting local production, they imported all these things. And when people complained about this Minister of Agriculture make this statement We have money, so we are importing (paramız var ki ithal ediyoruz).

normal, the Turks do not want to create or work in the fields, agriculture, it is not the job of the government but that of the population to create production, how does the government do if you do not want to work in a wheat field ?.
they all want to work in textiles, real estate or tourism, you see him in Istanbul