Posted on 01/12/2017 8:51:09 AM PST by Michael van der Galien
Turkish president Recep Tayyip Erdogan sees the Turkish lira collapsing before his eyes. So what does he do? That's right: the same thing he always does. Blames others (unnamed "terrorists") for his problems:
[EMBEDDED TWEET]
"Everyone already sees and knows the attacks that Turkey has been subjected to also have an economic aspect. There is no difference between a terrorist who has a weapon or bomb in his hand and a terrorist who has dollars, euros and interest in terms of aim," Erdogan said. Of course it's not clear which terrorists with dollars and euros he's referring to, but apparently, all those who ditch the lira in favor of foreign currencies are now deemed terrorists. As the Turkish president "explained":
"The aim is to bring Turkey to its knees, to take over Turkey and to distance Turkey from its goals. They are using the foreign exchange rate as a weapon."
According to Erdogan, those 'terrorists' who use violent terror attacks in combination with some kind of currency war will get their comeuppance in the end. You see, in the end, he and his allies will come up with "new rules and new institutions" to change the current order. He's currently evaluating opportunities to do so, which includes "finding new markets to export to" and developing new "methods for tourism." How he's going to get more tourists by cracking down on freedom of the press, prolonging the state of emergency, locking up his opponents, and doing little to combat ISIS (which carries out terror attacks on a regular basis nowadays) is anyone's guess, but apparently Erdogan is convinced he'll have the answers eventually.
Although the paranoid style has always played a big role in Turkish politics, Erdogan has truly turned it into an art form.
(Excerpt) Read more at pjmedia.com ...
Soros up to his old tricks?..............
It’s the JOOOOOOOS!
I highly doubt Soros would target the current Turkish leadership.
Hopefully the Turkish military will find a way to take back over. That is if they haven’t already all been killed.
Erdogan is an Islamist.
Turkey cannot be trusted.
Old habits die hard.
Besides, Soros lost a bundle on Trump, so he’s gotta make that back up..................
2017 presents an interesting situation for Turkey and the Lira. Tourism (via Europe and Russians) is about half or less of what it was three years ago (at least by the end of 2016). I don’t expect much to change.
The major resorts may change the rates enough to just get by, but there’s no cash flow, and you can see tens of thousands along the southern coast who are just standing there. Lots of resorts....some even new....are shut down and not figured into any strategy of opening for several years. Total loss in their case.
It’ll surprise me the regime can survive through to the summer of 2018. People with money are simply moving out of the country and figuring to wait this out. No real construction going on except public-financed infrastructure episodes.
“Secular” soldiers & police have been purged by the Islamist Erdogan regardless of their competency. They’ve largely been replaced by Islamists; again, regardless of competency. This may be one reason why they’ve had difficulties in their illegal excursions into Syria.
Turkey attacked by terrorists?
So Erdogan admits that the problem is entirely an inside job.
My Turkish BIL and all his friends despise Erdogan!
Sounds like he’s talking about George Soros...
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