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To: Alter Kaker

Keep in mind that Erdogan and his Party of Islamist Muppets have UTTERLY DESTROYED THE TURKISH ECONOMY and the VALUE OF THE TURKISH LIRA, and have been losing favor in political polls because of it.

Erdogan basically created a huge consumption bubble in Turkey and it burst in early 2011.

So not only does Assad need an external threat to galvanize internal support, Erdogan is in the same boat looking for an external threat to maintain his political fortunes.

TO understand the collapse of Turkey’s economy, start here:
http://www.atimes.com/atimes/Middle_East/MH10Ak01.html
and here:
http://www.atimes.com/atimes/Middle_East/NA10Ak01.html


59 posted on 06/29/2012 1:24:23 PM PDT by JerseyHighlander
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To: JerseyHighlander
Keep in mind that Erdogan and his Party of Islamist Muppets have UTTERLY DESTROYED THE TURKISH ECONOMY and the VALUE OF THE TURKISH LIRA, and have been losing favor in political polls because of it.

Then why did Moody's raise Turkey's sovereign credit rating this week? Your statements are not consistent with the facts.

Erdogan basically created a huge consumption bubble in Turkey and it burst in early 2011.

Sure the economy is growing slower than it was, but Turkey's economy still is growing at the fastest rate in Europe. Burst bubble? Don't see any sign of it. Why does Turkey still have a sovereign debt that is only 40% of GDP? By no means am I suggested that a rapidly growing economy will grow rapidly forever, but I find it hard to believe that anybody who is paying attention to Turkey would say its economy is anything other than a huge success.

64 posted on 06/29/2012 2:27:05 PM PDT by Alter Kaker (Gravitation is a theory, not a fact. It should be approached with an open mind...)
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