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Sedna063
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Comments by "Sedna063" (@Sedna063) on "" video.
Just check the South Korean Won and you are in for a laugh. But no, the fact that those currencies are so low doesn't mean anything. What is important is how much they devalue over time.
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Apples and organges... In Germany and Japan interest rates are low but we don't suffer a devaluing currency.... Therefore there is no need for us to raise rates.
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You overestimate how much money is actually made with arms... Arms industries are a high-investment, low export business that touches security and foreign policy. It isn't something you really want to pursue as your nation's only prime export industry. Consumer economies are much better. Built cars, consumer electronics, services... Arms sales are highly problematic in that their development is very costly and forces you into international security schemes you may or may not want to engage.
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@علي-ش7ث8ب Where did you study economics lol :))) Any nation is subject to the laws of economics... Financial warfare? More like economic suicide.
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You overestimate how much money they could get and underestimate how much money they actually need. Just check out the budget and how much Egypt gets through Suez canal
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No, this just shows that there are stupid leaders...
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Cause they have inflation approaching 20-40% and we don't.
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@HKashaf Because those countries are not Turkey. They have stable currencies.
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I don't know why you think that.
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Why should I buy property in a country that is not mine?
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@yagiznebioglu1852 Would Turks really let generals ever again dictate the country? I hope not.
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He can't just stop an election mandated by the constitution.
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lionpro Not that simple but in essence, this is the idea.
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Sure but Turkey doesn't compare itself to Nigeria, does it
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Because US debt can be financed. And people still buy the dollar.
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Turkey doesn't import all that much from US.
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Do you think that impresses us? The economy is not in good shape. Unemployment is still very high and inflation causes swaths of Turks to become poor. RTE isn't one of the best leaders in the world. Who told you that? Many places are very beautiful but they economically suck.
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Why would you take Istanbul?
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The thing is, those developed countries have a lot of assets and their citizens have a lot of wealth that could, in theory, be taxed to pay off the debt. Most of this debt is also held by the citizens of the same country, meaning that they have little to no foreign creditors that would be interested in getting their money back immediately - citizens typically want their state to continue and hence won't stop financing it. Those low interest rates are there to encourage growth and get a modest level of inflation (because inflation is better than the opposite, deflation). Those European countries have a lot more wealth than Turkey (especially western European countries).
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Actually not according to the polls. There several politicians have overtaken him.
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That sucks for him though because economics aren't interested in religions.
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@maheshrathod204 What sanctions are there on Pakistan and Turkey that hinder economic growth? I am from Europe.
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@maheshrathod204 So right now, no sanctions on Pakistan right now. Sanctions on Turkey are limited...
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The EU inflation is currently some 5% or so. That is bearable. Yours is 20% for years now. Our inflation is also because of the high demand for goods that cannot be adequately served now due to reductions in capacity due to covid. Yours is because of failed economic policies.
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I don't. I dislike him. Plus, accurate news reporting should not be mistaken for hate.
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Yeah sure... Even the US is subject to economic laws and logic. No bank in the world operates without interest rates - sure, Islamic banks don't call it as such but the cost for borrowing money with them is equal to interest rates...
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