Who are we to judge people who voted to be closer to Allah? I admire the strength of their convictions that led them to sacrifice their life savings and elect a man close to the greatest of all gods.
Now let’s see how it goes. I don’t know much about incantations or prophecies, but are we supposed to see a miracle happening or somethin’? Because the lower is the Lira, the closer they are to Allah, so something should happen soon, right?
erdogan, best greek president we ever had
Erdogan – number one! 😀 😀 😀
I would be so upset to see my life savings evaporate just like that. Why isn’t there more uproar from the population ?
“Thanks” Erdocunt.
Reality can be a bitch. Most days.
I just feel bad for the Turks who didn’t vote for Erdogen.
Usually, economic problems are multi-faceted, but here, there’s an economically illiterate leader you can pin all the problem to.
Fun fact: it is actually much more above 36%. TÜİK is just lying at this point
What’s going on with Turkey? It’s not looking good.
Well…. this is only the official number. Expert beliefe the real inflation is around 60-80%.
Some say its even higher.
Erdogan yeeted out 4 finincial ministers in only a few years just to have a yesmen on that position to show the world (and hopefully Turkey too) that Erdonomics dont work at all. Superb job mate!
Interest rates have the reverse effect on inflation and Erdogan refuses to change his opinion on it and if he continues with it Turkey will be like Argetina the past decades or worse end up like Venezuala and Zimbabwe.
And that’s why you shouldn’t let religious nutcase be in charge of your economy …
Erdogan and most of the other politicians with power there are very corrupt and authoritarian, and that’s why there these destructive results.
I always wonder how people manage their money and purchases in such an environment – spend all your Local currency asap or convert into US$ or € or £ as a stash?
The numbers are fake. Real inflation is about 82% according to economists.
-Projected to hit 50% in January
Holy fuck I honestly wouldn’t wish this suffering on anybody. If turkey runs out of foreign reserves they are completely fucked and if they start printing money then we could see another Venezuela
Erdocoin to the moon!
Soon it’ll be just like old times again when 1 Euro was worth a million Lira.
A different leader and Turkey could have been EU
There are so many things I want to say that I don’t even know how put those into words. These religious, unlearned zealots, and their fucking followers ruined the country in the last decade. Even if they leave tomorrow, it would take years to fix all the damage they’ve done, both nationally and internationally.
Turkish people have always been thick-headed and backwards, but I thought they would react in some way when the economy started to fail. Guess what though? Some assholes are still saying that they would vote these charlatans. It is incomprehensible how blind some people are.
My thoughts and prayers are with the Turks, which also appears to be the official economic policy of Erdogan.
30 comments
The real inflation rate is about %82.81, by ENAG.
Sadly for Erdogan, economic laws don’t obey absolute power.
When your economic policy is inshallah
I know this sucks for turkish people but man is it funny from the outside!
Religion should not influence economic policy, unfortunately that’s exactly the case in Turkey.
Tayyip’s plan is working, the goal is to make Turkey more attractive for investment than Vietnam.
just out of curiosity: can a currency inflation become 100% or does that happen only when a currency is abandoned ?
Erdogan: “my private economist Dr. Allah PhD says it’s the ideal moment to lower the interest rates ”
[Lira Slides After Erdogan Says Islam Demands Lower Rates](https://www.bloomberg.com/news/articles/2021-12-19/turkey-s-erdogan-says-islam-demands-lower-rates-and-so-does-he)
Who are we to judge people who voted to be closer to Allah? I admire the strength of their convictions that led them to sacrifice their life savings and elect a man close to the greatest of all gods.
Now let’s see how it goes. I don’t know much about incantations or prophecies, but are we supposed to see a miracle happening or somethin’? Because the lower is the Lira, the closer they are to Allah, so something should happen soon, right?
erdogan, best greek president we ever had
Erdogan – number one! 😀 😀 😀
I would be so upset to see my life savings evaporate just like that. Why isn’t there more uproar from the population ?
“Thanks” Erdocunt.
Reality can be a bitch. Most days.
I just feel bad for the Turks who didn’t vote for Erdogen.
Usually, economic problems are multi-faceted, but here, there’s an economically illiterate leader you can pin all the problem to.
Fun fact: it is actually much more above 36%. TÜİK is just lying at this point
What’s going on with Turkey? It’s not looking good.
Well…. this is only the official number. Expert beliefe the real inflation is around 60-80%.
Some say its even higher.
Erdogan yeeted out 4 finincial ministers in only a few years just to have a yesmen on that position to show the world (and hopefully Turkey too) that Erdonomics dont work at all. Superb job mate!
Interest rates have the reverse effect on inflation and Erdogan refuses to change his opinion on it and if he continues with it Turkey will be like Argetina the past decades or worse end up like Venezuala and Zimbabwe.
And that’s why you shouldn’t let religious nutcase be in charge of your economy …
Erdogan and most of the other politicians with power there are very corrupt and authoritarian, and that’s why there these destructive results.
I always wonder how people manage their money and purchases in such an environment – spend all your Local currency asap or convert into US$ or € or £ as a stash?
The numbers are fake. Real inflation is about 82% according to economists.
-Projected to hit 50% in January
Holy fuck I honestly wouldn’t wish this suffering on anybody. If turkey runs out of foreign reserves they are completely fucked and if they start printing money then we could see another Venezuela
Erdocoin to the moon!
Soon it’ll be just like old times again when 1 Euro was worth a million Lira.
A different leader and Turkey could have been EU
There are so many things I want to say that I don’t even know how put those into words. These religious, unlearned zealots, and their fucking followers ruined the country in the last decade. Even if they leave tomorrow, it would take years to fix all the damage they’ve done, both nationally and internationally.
Turkish people have always been thick-headed and backwards, but I thought they would react in some way when the economy started to fail. Guess what though? Some assholes are still saying that they would vote these charlatans. It is incomprehensible how blind some people are.
My thoughts and prayers are with the Turks, which also appears to be the official economic policy of Erdogan.
Simple economic sense is haram.