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bsruzm

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View attachment 1452

Stole this from PDF from none other @Pan-Islamic Pakistan one of his recent senssible post
I won't fail my brothers:
20200918_021552.jpg
 
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Yoyo

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Strong military goes hand in hand with strong economy. No money, no weapons.

Strong military is used in turn to secure economic interests around the world.

Turkey's GDP-PPP per capita, notice the small drop at the end due to COVID-19. Once we develop and commercialize our new natural gas findings in the Black Sea, hopefully the rise will become steeper again.

gdpppp.png
 

Nilgiri

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Strong military goes hand in hand with strong economy. No money, no weapons.

Strong military is used in turn to secure economic interests around the world.

Turkey's GDP-PPP per capita, notice the small drop at the end due to COVID-19. Once we develop and commercialize our new natural gas findings in the Black Sea, hopefully the rise will become steeper again.

View attachment 1504

To a degree it will help for sure, but Turkey has been lacking (esp in contrast to its overall development level) in private enterprise and corporate bulk.

Its total market cap is around 200 billion USD...For GDP nominal of 750 billion (pre-covid), that ratio is too low and will not offer much leveraging...Erdogan has unhealthily ramped foreign borrowing ratio too from about pretty stable 40% (of GDP) level in 2010 to about 60% currently...though its not alarming given spread of 10 years....but still worrying if no new ideas are now done given turkey credit rating is declining and needs to be corrected.

Turkey needs bold economic reforms now (esp in truly large new sectors of world economy w.r.t legacy sectors that are too reliant on overall demand curves).

These are overdue in lot of countries....the pandemic and post-pandemic world economic dystopia likely will push huge amount of pressure for a race for economic reforms in crucial areas, and also protectionism in others. The balance must be done correctly, but we will only know who got formula right (given great diversity of each countrys situations too) maybe many years down the road with hindsight.
 

Kaptaan

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To a degree it will help for sure, but Turkey has been lacking (esp in contrast to its overall development level) in private enterprise and corporate bulk.

Its total market cap is around 200 billion USD...For GDP nominal of 750 billion (pre-covid), that ratio is too low and will not offer much leveraging...Erdogan has unhealthily ramped foreign borrowing ratio too from about pretty stable 40% (of GDP) level in 2010 to about 60% currently...though its not alarming given spread of 10 years....but still worrying if no new ideas are now done given turkey credit rating is declining and needs to be corrected.

Turkey needs bold economic reforms now (esp in truly large new sectors of world economy w.r.t legacy sectors that are too reliant on overall demand curves).

These are overdue in lot of countries....the pandemic and post-pandemic world economic dystopia likely will push huge amount of pressure for a race for economic reforms in crucial areas, and also protectionism in others. The balance must be done correctly, but we will only know who got formula right (given great diversity of each countrys situations too) maybe many years down the road with hindsight.
AS you know I rarely bother with the figures or do number crunching. But trust me Istanbul felt like a global city in cusp of taking on London, Paris and New York. Istanbul airport was just gigantic. Clearly given it's location, literate population, vibrant society, stable government and literally in the centre of the emerging global order this country can't go wrong.
 
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Yoyo

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AS you know I rarely bother with the figures or do number crunching. But trust me Istanbul felt like a global city in cusp of taking on London, Paris and New York. Istanbul airport was just gigantic. Clearly given it's location, literate population, vibrant society, stable government and literally in the centre of the emerging global order this country can't go wrong.
Somebody, please make this guy Turkey's new chargé d'affaires at the UN marketing department.
 

Kaptaan

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I am feeling nostaligic and rather sad. We have had nothing lesss than a Ottoman style war of succesion in the family to carve out my dad's estate. It's almost over but I lost all my family. My mum, my brothers/sisters except one. Sadly there is never going to be peace or reconciliation between us. I can't pretend it does not hurt but it was the way it was. When I look at these old photos I can't believe how things went. Life ....
 

Kaptaan

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Somebody, please make this guy Turkey's new chargé d'affaires at the UN marketing department.
Honestly I am impressed. And not bragging but I have been brought up in UK, travelled all over Europe, North America, Far East, including even what was Soviet Union, Pakistan. So I am not some country bumpkin who sees the first lights and goes star crazy !
 
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Yoyo

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I am feeling nostaligic and rather sad. We have had nothing lesss than a Ottoman style war of succesion in the family to carve out my dad's estate. It's almost over but I lost all my family. My mum, my brothers/sisters except one. Sadly there is never going to be peace or reconciliation between us. I can't pretend it does not hurt but it was the way it was. When I look at these old photos I can't believe how things went. Life ....
I'm sorry to hear that bro. But there WILL be peace and reconciliation between you insaAllah. No grudge can stand against the will of Allah and no plan is greater than His plan. Just give it time and let the pieces fall where they may. Sometimes all it takes is a heart-felt phone call, or a friendly visit for a cup of tea. Just one advice though. If you're the youngest sibling, it's best to be the one to apologize first. Even if you know you've done nothing wrong. Allah rewards those who give and forgive a thousand fold.
 

Kaptaan

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I'm sorry to hear that bro. But there WILL be peace and reconciliation between you insaAllah. No grudge can stand against the will of Allah and no plan is greater than His plan. Just give it time and let the pieces fall where they may. Sometimes all it takes is a heart-felt phone call, or a friendly visit for a cup of tea. Just one advice though. If you're the youngest sibling, it's best to be the one to apologize first. Even if you know you've done nothing wrong. Allah rewards those who give and forgive a thousand fold.
I am not religious and neither are my siblings. I am the eldest and fcuk I am gonna say "sorry". Frankly I give religious serrmons or whatever little value. My dad is is too gone medically [over 87] and my mum has fallen under the spell of my younger brother. Things went so bad that at my age I got arrested. It's more than money. It's pride, respect, the truth. I am just gonna make sure this does not happen to my [grown up] chiuldren.
 

Kaptaan

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As regards religion I am more what you might say "cultural Muslim". I suspect I am agnostic. Not that I would go and shout that loud. But you know deep inside. I find the whole religious prescriptions infantile and my logical side just can't accomodate that. This is difficult thing to say for anybody who comes from a traditional Muslim background and still lives in it in so many way. But I suspect that are loads of us who don't "out" their thoughts but think like I do.
 
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Yoyo

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I am not religious and neither are my siblings. I am the eldest and fcuk I am gonna say "sorry". Frankly I give religious serrmons or whatever little value. My dad is is too gone medically [over 87] and my mum has fallen under the spell of my younger brother. Things went so bad that at my age I got arrested. It's more than money. It's pride, respect, the truth. I am just gonna make sure this does not happen to my [grown up] chiuldren.
You don't have to be religious. Being moral and righteous alone will get you most of the way through. Sorry about your arrest, I didn't realize the fallout was all that bad. Hopefully time will heal your wounds and whatever scars there may have been left behind will become your badge of honor and a sign of wisdom gained the hard way. When I find myself in a shitty situation, I remind myself, that no matter how hopeless the situation appears to be, there's always someone, somewhere in the world. who'd LOVE to trade problems with me. Think about that.
 

Kaptaan

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I went to a
You don't have to be religious. Being moral and righteous alone will get you most of the way through. Sorry about your arrest, I didn't realize the fallout was all that bad. Hopefully time will heal your wounds and whatever scars there may have been left behind will become your badge of honor and a sign of wisdom gained the hard way. When I find myself in a shitty situation, I remind myself, that no matter how hopeless the situation appears to be, there's always someone, somewhere in the world. who'd LOVE to trade problems with me. Think about that.
I am a 58 year old guy with scars and grown children. Trust me I will ride this. But I am just releasing my angst. Truth be told I will miss my mother. But like I said it is the way it is.

You know I was thinking about life. My feeling is this is the only life. This after life lark is just rubbish. When I was in Pakistan we went to a janazah and afterwards I told put the question to trhe nunch I was with. Why do we ]Muslims] shed tears when a person dies? Surely we should be happy. Lucky guy has git first class ticket [hopefully] to heaven and his maker. That is reason to celebrate.

But maybe people cry because deep, deep inside they know all this after life lark is just a sham ......... !!!

Ps. Anyway peeps I am off. It's late here.
 
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Yoyo

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If this is the only life, it's all the more reason not to give two fucks about shit like that. @Kaptaan Let it go. Clear your mind. Be content with what you've got and savor every moment.
 

Kaptaan

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Surely we should be happy. Lucky guy has git first class ticket [hopefully] to heaven and his maker. That is reason to celebrate.
But before I go Pakistan is a funny old place. When I put that question to the bunch I was with non could answer me. However one of the guys says "okay then I am off to my spot, who wants to join me to celebrate seeing that this mate of ours from UK thinks it's the right thing to do".

And what was that. A spot on a hill where they kept contraband alcohol. Regularlly they gathered there and got drunk. As a teetoller I gave that a miss. And off they went. Next day all would be doing their five prayers like the pious do ... hahaha.
 

Kaptaan

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it's all the more reason not to give two fucks about shit like that
We as human beings are hard wired to compete, to fight, to win or to gain ascendancy. Losing is not in our make.
 
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Null/Void

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Man all these posts are giving me a roller coaster of emotions not crying but I kinda feel like I am starting to enter this pickle nevertheless my pops is 74 years old and just had health problems and my relations with him is quite strained too much clash over certain cultural differences,mindsets or expectations of what I want to do it seems the more you grow older especially if you are 2nd gen immigrant the further distance you get from family and your culture
 

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