Comments by "Haru Krentz" (@harukrentz435) on "Turkey's President Erdogan replaces finance minister amid Lira freefall | DW News" video.

Erdogan shouldve appointed himself as Minister of Finance and Chairman of Central Bank.
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@PawSmalls funny, turkish imigrants in europe are still supporting erdogan. They shouldve come back and live under their Sultan in Turkey.
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By doing nothing? Turkey is a democratic country, Erdo was voted by the people. If you want to help them then just sit and watch till the turkish people realized their own mistake
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Let me guess, Netherlands?
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@hugoprakosohindrawan6551 lol even rupiah is stronger than lira. No wonder more and more indonesians are going to turkey for vacation.
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Not reflecting? Your GDP is decreasing fast dude. Turkey in fact is the only G-20 whose GDP has decreased rather than growing up.
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@hkkhgffh3613 Lira being so low against usd/euros actually helps bring more and more european & american tourists to turkey, and turkey export commodities became more affordable, This is why Turkey is 2nd country to experience greatest economic rebounce post pandemic after China. This is also why ive been arguing greek to abandon euros and start using their own currency.
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@hkkhgffh3613 seems like you dont quite grasp of what i said. 1. Turkey's debt to GDP ratio is actually lower than most european countries (it's around 39% iirc), 2. Tourist doesnt care about debt or fiscal of a country. They only care about: 1. Safety, 2. How far their dollar/euro can go. I'd make it simple for you: why would you spend €40 for a 3 stars hotel in Greece if you can do it for €20 in Turkey? That accomodation cost alone put Turkey as more attractive destination. 3. Turkey isnt a popular destination for Chinese people. The chinese prefer Japan, Indonesia, and Thailand. Countries closer to them (both geographically and culturlly), So bringing Chinese when we talk about Turkish tourism isnt quite right. The British and Germans are the biggest contributors to Turkish tourism, guess why? Lastly while Turkey is lack of natural resources like 3 countries you mentioned above, theyre still one of biggest player in alumunium and steel manufactures, along with furnitures and fruits. Lira's value being low made these products cheaper in the market. Edit: i'm not defending Erdogan i'm just explaining factors why Turkey's economy have growth quite well post pandemic.
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@hkkhgffh3613 well duh ofc theres setback if your currency is too low, especially if your country rellies heavily on import goods to sustain themselves.
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