[RD] Surrender Summit

[REDY]

I am not economist. If there was expected inevitable strong dip of the Turkish economy, it says something about EU-zone banks too.

 

[Hrothbern]

Already in 2015 the domestic debate starts to question the investments and national debt policy of Erdogan, leading to a shaky economy full of air. In July 2016 , the failed or fake coup in Turkey, things went bad pretty fast
The EU deciding to suspend EU access, inflation going up again after being stable since 2003.
I would say it was already in 2015 inevitable, and since 2016 not possible to deny anymore.
And perhaps a lot of loans of the later years were done in euro’s, to eliminate much of the risk.

But banks are not always that prudent...
And considering for example that Spain and Italy had a lot of arms sales to Turkey....
Nothing is for free

 

[Gori the Grey]

@Gori the Grey @metalhead @Cutlass @Sommerswerd

I think all of you at one point or another have expressed the view that Trump is a "Russian agent" or some such.

I've never called him an agent. I think Russia has lots of compromising material on him. I suspect he's been laundering money for them for years. I suspect they have the pee-pee tape.

(I do nurse my own special suspicion that Russia paid for his primary run. Trump boasted again and again that he was better than everyone else because he wasn't taking donors' money but was funding his campaign himself. Since Trump never pays for anything himself, the money had to be coming from somewhere)

[removes tin-foil hat]

What they like in him is that he doesn't stand up for (or even positively disparages) the things that make liberal democracies the least bad form of government so far devised by humans: a free press, free and fair elections, due process--stuff that makes us score 17th and Russia 126th on the Human Freedom Index, e.g. His more aggressive small moves are peanuts by comparison with America losing its reputation for moral/political superiority.