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Thread: Turkish-US economic war: Will the Turkish economy survive this?

  1. #121
    NorseThing's Avatar Moderator
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    Default Re: Turkish-US economic war: Will the Turkish economy survive this?

    Quote Originally Posted by AnthoniusII View Post
    It was a joke since in the past there was an Alevites ilegal armed force in anatolia!
    Seriusly now.
    In 1938 Germany transformed 80% of its industry to a military one.
    Fact one: Germany imported ALL the major materials for its industry (metals, etc) but had limited exports.
    Fact two: Germany imported ALL its Oil that made its economy and army move.
    Fact three: Germany felt surrounded by mortal enemies that could take parts of its teritrory (Polland,Tsechoslovakia,France etc).
    Fact four: Germany found a temporary ally to Soviet Unit (modern Russia) for industrial and military partnership.
    Fact five: Germany was deeply politicaly devided and needed a common cause to unite the nation.
    Fact six: The result of previus five facts lead Germany to all arround war.
    Quiz: Does anyone sees any simularities with the Germany months before 1939 and modern Turkey?
    Nope. I do not see it this way at all.

    Fact One: Most of the exports are priced in dollars not because of the local currency, but because of the companies wanting the materials prefer to do business in dollars or rubles or yen, etc..

    Fact Two: Turkey is a part of NATO and this means both access to military gear and friendly loans to cover importation.

    Fact Three:
    By massively increasing production of solar power in the south and wind power in the west Turkey could meet its entire predicted 2020 energy demand from renewable sources.[12]
    https://en.wikipedia.org/wiki/Energy_in_Turkey

    Fact Four: Nearly all of the industrialized countries are major importers of raw materials used in industry (Germany was not an exception but following others by example)

    Fact Five: Turkey has a tradition of comparative advantage in agricultural products rather than military products. The military products are more the result of cooperative relationships such as the small arms trade with Germany rather than a militarization of industry in general. It would make no economic sense to suggest militarization at the cost of agriculture exports. In general Turkey has traditionally had a trade deficit (since 1947) which is typical of developing countries and not specific to militarization. Exports of road vehicles and machinery as well as iron and steel would argue against your militarization point. https://tradingeconomics.com/turkey/balance-of-trade
    Last edited by NorseThing; September 03, 2018 at 07:20 PM.

  2. #122
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    Default Re: Turkish-US economic war: Will the Turkish economy survive this?

    As has been said before, Erdogan seems to be the greatest thing that has ever happened for Greece as the US is showing early signs of shifting its allied interests in the Mediterranean towards Greece. More deals and two top level defense officials to visit.

    https://abcnews.go.com/International...urkey-57575327
    Last edited by Abdülmecid I; September 04, 2018 at 08:55 AM. Reason: Restored. Please never remove the content of your posts again.

  3. #123
    AnthoniusII's Avatar Μέγαc Δομέστικοc
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    Default Re: Turkish-US economic war: Will the Turkish economy survive this?

    Quote Originally Posted by NorseThing View Post
    Nope. I do not see it this way at all.

    Fact One: Most of the exports are priced in dollars not because of the local currency, but because of the companies wanting the materials prefer to do business in dollars or rubles or yen, etc..

    Fact Two: Turkey is a part of NATO and this means both access to military gear and friendly loans to cover importation.

    Fact Three: https://en.wikipedia.org/wiki/Energy_in_Turkey

    Fact Four: Nearly all of the industrialized countries are major importers of raw materials used in industry (Germany was not an exception but following others by example)

    Fact Five: Turkey has a tradition of comparative advantage in agricultural products rather than military products. The military products are more the result of cooperative relationships such as the small arms trade with Germany rather than a militarization of industry in general. It would make no economic sense to suggest militarization at the cost of agriculture exports. In general Turkey has traditionally had a trade deficit (since 1947) which is typical of developing countries and not specific to militarization. Exports of road vehicles and machinery as well as iron and steel would argue against your militarization point. https://tradingeconomics.com/turkey/balance-of-trade
    All your answers are false not under their prospective but under Turkey's pfficial policy. If Turkey would be energy suficient with solar power it would not invest to build with HUGE cost a HUGE fleet to take control Oil and Gas deposites that belong to other countries like Cyprus, Egypt , Lebanon ,Greece and Israel. Is it a coinsidence that ALL THESE that came to agreements to extract Oil and Gas are ENEMIES of Turkey?
    About Exports. Ofcourse foreign companies ask Dollars. The era that a country could exchange fruits with guns has passed.! You have NOT answered to my questions.
    Last edited by Abdülmecid I; September 05, 2018 at 04:19 AM. Reason: Irrelevant part removed.
    There are moments (in history), in which a nation owes,
    if it wants to be considered as a great one, to be able to fight.
    Even without hope of winning. Just because it has to.
    Greek War motto.
    XXI Armored Brigade. Proud that served in that unit in 1996!
    "Spartans do not ask how many (enemies are) but where they are"!
    XXI Armored Brigade's motto.
    The Greek Secret (or why they will fight again if it will be necessary or why they do not sell their history).


  4. #124

    Default Re: Turkish-US economic war: Will the Turkish economy survive this?

    Quote Originally Posted by NorseThing View Post
    Nope. I do not see it this way at all.
    Fact One: Most of the exports are priced in dollars not because of the local currency, but because of the companies wanting the materials prefer to do business in dollars or rubles or yen, etc..
    Fact Two: Turkey is a part of NATO and this means both access to military gear and friendly loans to cover importation.
    Fact Three: https://en.wikipedia.org/wiki/Energy_in_Turkey
    Fact Four: Nearly all of the industrialized countries are major importers of raw materials used in industry (Germany was not an exception but following others by example)
    Fact Five: Turkey has a tradition of comparative advantage in agricultural products rather than military products. The military products are more the result of cooperative relationships such as the small arms trade with Germany rather than a militarization of industry in general. It would make no economic sense to suggest militarization at the cost of agriculture exports. In general Turkey has traditionally had a trade deficit (since 1947) which is typical of developing countries and not specific to militarization. Exports of road vehicles and machinery as well as iron and steel would argue against your militarization point. https://tradingeconomics.com/turkey/balance-of-trade
    How did you decipher what he said? Especially the following:
    Example: If a x turkihs product would export in a price of 100 US Dollars now it will be exported for ten not only from the Lira/Dollar prices but because that foreign companies will try to bennefit MORE!
    Can you translate that to English for me?
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  5. #125
    Abdülmecid I's Avatar ¡Ay Carmela!
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    Default Re: Turkish-US economic war: Will the Turkish economy survive this?

    Quite a large number of posts were either edited or completely removed. This thread concerns the economic sanctions imposed on Turkey by the Trump administration. Genetics, the rightful owner of Ararat, the mineral wealth of the Aegean, the 1987 crisis, Byzantine emperors and Seljuk invasions are completely irrelevant and thus a violation of the "Off-topic" paragraph of the Terms of Service. Please respect the subject of the debate (the sanctions, the state of Turkish economy, the imprisoned pastor) or otherwise harsher measures than simple deletions will follow. Thank you for your understanding.

  6. #126

    Default Re: Turkish-US economic war: Will the Turkish economy survive this?

    Iran, Turkey agree to defy US sanctions by boosting business ties
    https://www.presstv.com/Detail/2018/...ness-sanctions

    I don't know if this will boost the Turkish economy (it probably will, as Iran is an oil producing country, and thus it should be able to provide oil for Turkey), but it will most definitely NOT go a long way in fixing the US-Turkish relations.

  7. #127

    Default Re: Turkish-US economic war: Will the Turkish economy survive this?

    Europe too is quite eager to defy US on this one. I hope the world manages to break US dominion over such matters. Trump administration is the best time for this.

  8. #128
    Vanoi's Avatar Comes Limitis
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    Default Re: Turkish-US economic war: Will the Turkish economy survive this?

    Most European companies are adhearing to US sanctions regardless of what their countries want.

    Turkey and Iran can avoid the sanctions all they want. Iranian oil production is already down.

    Wonder how friendly Iran and Turkey will be when Iranian militants pour into Idlib.
    Quote Originally Posted by RubiconDecision View Post
    Those who protect the right of terrorists to have Free Speech enable the bombings of innocents.

  9. #129
    AnthoniusII's Avatar Μέγαc Δομέστικοc
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    Default Re: Turkish-US economic war: Will the Turkish economy survive this?

    Quote Originally Posted by Vanoi View Post
    Most European companies are adhearing to US sanctions regardless of what their countries want.

    Turkey and Iran can avoid the sanctions all they want. Iranian oil production is already down.

    Wonder how friendly Iran and Turkey will be when Iranian militants pour into Idlib.
    True...while IRAN and Turkey agree against Kurds they have opposite interests in Syria as a matter. Assad is the "long hand"of IRAN in the region , very close to its allies in Lebanon and close to Israel to consider as threat against it with non nuclear weapons. If Idlip will fall to Assad Turkey will lose Alexandreta's (Turkish former Syrian) port inland (the area that Turkey's allies, including ISIS) still control. Remember that the Assyrian minority had atleast one revolt in 20th century against Turkey (crashed to easy) for Alexandreta. If Syria -now as a winner- with the support of Russia, takes back the entire Idlip it will may make -again- claims for Alexandreta to return to Syria! In that case Turkey wont have only Kurds to worry about but Assyrians as well! USA and Israel allow silendly this offinsive because in long terms lead to fragmantation of Turkey to smaller pieces.
    There are moments (in history), in which a nation owes,
    if it wants to be considered as a great one, to be able to fight.
    Even without hope of winning. Just because it has to.
    Greek War motto.
    XXI Armored Brigade. Proud that served in that unit in 1996!
    "Spartans do not ask how many (enemies are) but where they are"!
    XXI Armored Brigade's motto.
    The Greek Secret (or why they will fight again if it will be necessary or why they do not sell their history).


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