/biz/ - Business & Finance

>>10669126
cause Turks

>>10669126
Donald Trump was like, "I got this great idea involving Tariffs" Then the entire turkish economy collapsed in the span of a few hours.

>>10669126
What did they mean by this?

Because Germany stole all the good turks. Ever wonder how they went from secular stronghold to islamist shithole?

That's right. The most resourceful secular turks, tens of millions, just up and walked away from Turkey and settled in germany.

>>10669150
nice way to spoil 2 country in one move

>>10669132
/thread should've ended here

>>10669150
>good turks

ya, i heard this rumors, but never saw one.

t.german

Trump curse strikes again

oh no no no

Is the lira the most volatile currency right now?

>>10669126
-Bad education. Constantly changing the system.Every time they do, it's worse than the last time.

-Bad monetary policies; High taxes on everything whether they are direct on indirect.

-no support for entrepreneurs, if anything they are discouraging.

-Only sector they are supporting is construction and the bubble surrounding it. Well, we know how well that went for U.S. + Considering turkey doesn't have the power US has("quantitative easing", fintech, decent agriculture), it's going down to shitter, taking Eu with it.

Am I the only one hoping for a major economic colapse? I know it is horrible for a lot of people but personally I would like to live through a depression. It may serve as a well needed reset on society.
Hopefully in 6-12 months so I can stock up on supplies and crypto. I think its absolutely inevitable at this point.

>>10669248
can't wait to buy the dip

>>10669192
New bail out for spanish banks?

>lira at 7 again
JUST

The Times
1/19
Chancellor on the brink of third bailout for banks.

>>10669126

>decades of stable growth
>no one gives a shit

>currency drops because of speculators and drumpf's retardation
>THE SKY IS FALLING TURKEY IS FINISHED SELL SELL SELL

fucking /biz/tards and HAPPENING fags

>inb4 y-you're a turk

Fuck off, i don't give a shit about Turkey.
It's just a fact that Lira actually stabilized already, you fucking shits, so calm your fucking HAPPENING tits. It can literally happen to any country.

>>10669535
>lost 9% against the dollar today
>stabilized
OH NO NO NO NO

Because trump cracked his knuckles and typed out one Twitter shitpost in 20 seconds. 20 seconds of typing and he crashes the lira - 20%. The man is a God

>>10669126
The don't economy nor money, they got Allah

>>10669126
>Why is Turkey's economy falling down the shitter?
brown people/islam/disctators

>>10669150
more like "good turks" can barely give birth to 1 child, while inland hillbilly turks squirted out 8 children per woman for decades. This is a direct result of turkish policy to not allow women to wear headscarf in high education - it just makes conservative women stay at home and not seek a career.

>>10669126
Drumpft!!!!!

>>10669535
>drumpf's retardation
The opposite actually

>>10669192

It's only $200 billion. Which is a lot for us -- but in the scheme of things I wouldn't say it would be disastrous. It won't be good - but it won't be a strong downturn.

I'm on the other side of the pond. I cannot find one thing in my house that I rely on from the Turk economy. Oh well. (Few things from Greece though...)

>>10669535
i bet you dont know shit about turkey.

>>10669126
Unironically Turkey buying Iranian oil during sanctions against Iran which EU (Jews) and Israel don't like so they tell their pet dog the US to clamp down on the Turkish economy via sanctions against Turkey, leading to this whole mess. Basically this is what happens in the current year when the fate of literal countries lie in the hands of a few wealthy people.

>>10669126
>elect a literal retard
>vote to give him nearly unlimited power

How could this have happened?

>>10669535
>he doesn't understand years of effort can be wiped away in an instant

You voted for Erdogan didn't you?

>>10669192
fucking EU using dead state banks like Spain and Italy to leverage high risk Turkish debts

their response will be "guess its time to have 1 EU bank now"

Redpill me on how this might have been done by another country covertly doing actions in Turkey.

>The supreme art of war is to subdue the enemy without fighting

-Sun Tzu

>>10671243
Trump is such a fucking beast that he can destroy a country with a tweet. There was nothing subtle about what caused this.

>>10669192
EXTREMELY SPAINFUL FOR EU.

>>10669535
>It can literally happen to any country

>Trump announces what is widely labelled a 'trade war' against China
>Few Jitters in China, things still humming. life goes on.

>Trump takes retaliatory tarrifs over what is framed as a humanitarian legal crises
>Turkish economy shits the bed

The thing about the straw that broke the camel's back, is it doesn't matter which straw it is.

>>10671405

>>10669126
These fuckers should give back Constantinople and fuck off back to the steppes where they belong. Turkey was supposed to be a puppet state after the Ottoman empire was dismantled, but Muslim arrogance always finds a way and new western generations have forgotten how to properly deal with these invading rats.

>>10671564
this

>>10671564
Erdogan can release millions of refugees and now it's time to play tough.

Okay the actual reason why TL is collapsing

>get investment money from US like all developing nations
>instead of spending it on tourism, industry, agriculture etc. decide to spend all on buildings and roads
>make lots and lots of apartment complexes that nobody buys
>make lots of roads and bridges that nobody uses
>villagers sell their fields to buy more shares in the concrete jungle
>agriculture collapses
>start exporting even fucking wheat
>literally nobody producing anything
>eventually run out of money
>get fucked

I should have seen it coming. I should have fucking sold my 45k worth of crypto back in januray and tether up. Now I only have fucking 11k LINK, 27k REQ and 23k fucking Lira

literally worthless trash. If LINK doesn't become $100 I'm going to kill myself. Sergey is my only hope.

also fuck req fucking french scammers

I honestly can't sleep, I've lost so much fucking money

>ATH in jan is worth 180k
>now it's wort 350k

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA