Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

Skip to comments.

Why the US Is Waging Economic War on Turkey
IWB ^ | Daniel Carter

Posted on 08/18/2018 12:05:24 PM PDT by davikkm

The 70+ year alliance between the US and Turkey has finally come to a dramatic end. But this turn of events was nowhere near unforeseen. In fact, I have been writing about the progression of this calamity for over a year. In April, I even wrote that Turkey was getting ready for economic warfare by repatriating its gold from the Federal Reserve. Well, now we are here.

As the US rolled out economic sanctions against Turkey in recent days, the Turkish currency (lira) lost 35% of its value against the US dollar. This has caused inflation to skyrocket, which is putting a tremendous burden on Turkish citizens. Everything from the cost of bread to the cost of iPhones has gone up. There are now videos of Turkish people smashing iPhones to show their hate for the US.

(Excerpt) Read more at investmentwatchblog.com ...


TOPICS: Government; Politics
KEYWORDS: armenia; blogtrash; cyprus; erdogan; europeanunion; greece; iiiiiiiii; kurdistan; receptayyiperdogan; turkey
Navigation: use the links below to view more comments.
first 1-2021-24 next last

1 posted on 08/18/2018 12:05:24 PM PDT by davikkm
[ Post Reply | Private Reply | View Replies]

To: davikkm

time for the US to recognize the Armenian genocide, finally. and Trump is the man.


2 posted on 08/18/2018 12:10:09 PM PDT by avital2
[ Post Reply | Private Reply | To 1 | View Replies]

To: davikkm
The real reason behind the dispute is Turkey’s move toward the Eastern powers (Russia and China) over the past few years.

The real reason is that Turkey is going Islam crazy.

3 posted on 08/18/2018 12:18:54 PM PDT by MUDDOG
[ Post Reply | Private Reply | To 1 | View Replies]

To: MUDDOG; davikkm

.
>> “The real reason is that Turkey is going Islam crazy.” <<

And is the heart of the hateful nature of Islam.


4 posted on 08/18/2018 12:20:50 PM PDT by editor-surveyor (Freepers: Not as smart as I'd hoped they'd be)
[ Post Reply | Private Reply | To 3 | View Replies]

To: davikkm

Erdogan wants to install himself in the Sultan’s palace, but I think “Kurdistan” has a nice ring to it.


5 posted on 08/18/2018 12:21:59 PM PDT by pierrem15 ("Massacrez-les, car le seigneur connait les siens")
[ Post Reply | Private Reply | To 1 | View Replies]

To: avital2

.
>> “Time for the US to recognize the Armenian genocide, finally.” <<

Amen!


6 posted on 08/18/2018 12:22:04 PM PDT by editor-surveyor (Freepers: Not as smart as I'd hoped they'd be)
[ Post Reply | Private Reply | To 2 | View Replies]

To: pierrem15

.
Turkey is the “Kingdom of the North” in prophecy.
.


7 posted on 08/18/2018 12:23:21 PM PDT by editor-surveyor (Freepers: Not as smart as I'd hoped they'd be)
[ Post Reply | Private Reply | To 5 | View Replies]

To: davikkm

Regardless of the current state of affairs (reasons), I’m still really pissed that they did not let the 4th ID through to North Iraq during the 1st Gulf War, and what they have done to the Kurds.

Hopefully, I will never have to visit Turkey again.

Semper Fidelis


8 posted on 08/18/2018 12:23:59 PM PDT by Oiao (Socialism Kills - We are a Constitutional Republic, not a Democracy)
[ Post Reply | Private Reply | To 1 | View Replies]

To: davikkm
The author of this piece yammers about "dollar hegemony." Without a fixed exchange rate, no one will use gold as a means of trade because its price is too volatile.

Yuan or gold backed bonds are like COMECON barter deals, a farcical replica of the dollar dominated global trading system.

9 posted on 08/18/2018 12:24:49 PM PDT by pierrem15 ("Massacrez-les, car le seigneur connait les siens")
[ Post Reply | Private Reply | To 1 | View Replies]

To: davikkm

Having lived in Turkey when I was younger; it’s important to note the leadership/government/military of Turkey is not representative of the average person in Turkey just like when the muslim-loving obama was giving away the farm to our Islamic enemies was not representative of us. Most people, especially in the cities where the people are educated, are comfortable with Western style and values unless that has changed since I was there.

I see the Iranian people are protesting and are generally fed up with the Mullahs leading the country under Islamic principles. I hope the same thing happens in Turkey and they overthrow the corrupt Erdogan regime. Time will tell I guess.

Islam is the problem; never the solution.


10 posted on 08/18/2018 12:25:35 PM PDT by Boomer (Beware The Obsessed Leftist Pit Bull Haters on FR. Same as gun grabbers.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: davikkm

Ask the 4th ID who were prevented from entering Iraq thru Turkey.


11 posted on 08/18/2018 12:25:45 PM PDT by kabar
[ Post Reply | Private Reply | To 1 | View Replies]

To: davikkm
The reason is Turkey is holding an American hostage:

Trump asks jailed pastor to be "patriot hostage" as U.S.-Turkey feud escalates

Turkey and the United States exchanged new threats of sanctions Friday, keeping alive a diplomatic and financial crisis that is threatening the economic stability of the NATO country as a Turkish court rejected the appeal of an American pastor caught in the middle of the row. Turkey's lira fell once again after the trade minister, Ruhsar Pekcan, said Friday that her government would respond to any new trade duties, which U.S. President Trump threatened in an overnight tweet.

Mr. Trump is taking issue with the continued detention in Turkey of Andrew Brunson, an American evangelical pastor who faces 35 years in prison on charges of espionage and terrorism. Before leaving the White House on Friday, Mr. Trump warned that "we are not going to take it sitting down." He also called the spying charge against Brunson "phony" and denounced Turkey as a "problem for a long time."

He said Turkey has "not acted like a friend" and demanded Brunson's release, saying "they can't take our people."

https://www.cbsnews.com/news/turkey-us-sanctions-donald-trump-pastor-andrew-brunson-great-patriot-hostage/

12 posted on 08/18/2018 12:33:42 PM PDT by yesthatjallen
[ Post Reply | Private Reply | To 1 | View Replies]

To: avital2

There was a pundit who said that with fracking we do not need Turkey anymore for pipelines and that Trump was letting Putin now manage this mess there and in Syria for that reason while Putin is buying US tech for its own fracking needs.

Basically there supposedly a new oil paradign going on and Trump is adapting to it


13 posted on 08/18/2018 12:50:52 PM PDT by JudgemAll (Democrats Fed. job-security Whorocracy & hate:hypocrites must be gay like us or be tested/crucified)
[ Post Reply | Private Reply | To 2 | View Replies]

To: avital2

There was a pundit who said that with fracking we do not need Turkey anymore for pipelines and that Trump was letting Putin now manage this mess there and in Syria for that reason while Putin is buying US tech for its own fracking needs.

Basically there supposedly a new oil paradign going on and Trump is adapting to it, which is one of the reason he fired old oil Tillerson


14 posted on 08/18/2018 12:51:35 PM PDT by JudgemAll (Democrats Fed. job-security Whorocracy & hate:hypocrites must be gay like us or be tested/crucified)
[ Post Reply | Private Reply | To 2 | View Replies]

To: editor-surveyor

No the hingdom to the north was Rosh. How called Russia. But Turkey will play it’s part in the invasion.


15 posted on 08/18/2018 12:51:50 PM PDT by American in Israel (A wise man's heart directs him to the right, but the foolish mans heart directs him toward the left.)
[ Post Reply | Private Reply | To 7 | View Replies]

To: American in Israel

.
No, the kingdom of the North definitely is not Russia.

You’re too hung up with Hal Lindsey’s foolishness.


16 posted on 08/18/2018 1:04:40 PM PDT by editor-surveyor (Freepers: Not as smart as I'd hoped they'd be)
[ Post Reply | Private Reply | To 15 | View Replies]

To: editor-surveyor

No, I suggest the book Footsteps of the Messiah by Dr Arnold G Frutchbaum. TH.M, PH.D

Hal Linsey is garbage i suspect we both agree.


17 posted on 08/18/2018 1:18:19 PM PDT by American in Israel (A wise man's heart directs him to the right, but the foolish mans heart directs him toward the left.)
[ Post Reply | Private Reply | To 16 | View Replies]

To: Boomer

How is it then that Erdogan got 52% in the last election?


18 posted on 08/18/2018 1:21:30 PM PDT by j.havenfarm ( 1,500 posts as of 8/10/18. A FReeper since 2000; never shutting up!)
[ Post Reply | Private Reply | To 10 | View Replies]

To: j.havenfarm
How is it then that Erdogan got 52% in the last election?

Exactly! Just like our leftists in America are known to cheat; so it is with Erdogan and his disciples.

19 posted on 08/18/2018 1:43:13 PM PDT by Boomer (Beware The Obsessed Leftist Pit Bull Haters on FR. Same as gun grabbers.)
[ Post Reply | Private Reply | To 18 | View Replies]

To: editor-surveyor

Apparently Erdogan has invested a lot into demonizing pastor Brunson
Islam is VERY threatened by the way the truth and the light. Christ


20 posted on 08/18/2018 1:51:38 PM PDT by Truthoverpower (The guvmint you get is the Trump winning express !)
[ Post Reply | Private Reply | To 4 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-24 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson