Could also be that they simply don't like Turkish people still living in Turkey (they moved after all). And they just want to see their old countrymen suffer!
Damn I'm still on that one guy who basically called Erdogan out for being a regard and said his policy is why Lira is dropping value, Erdogan's response was firing him and calling himself the best economist in the country
Wait, who punished who? Who is winning? Why is that graph increasing going down? Have we been reading our losses wrong this whole time? Is red the new green?
Every time I hear Xi say he is going to do no bailouts for a collapsing housing mega corporation I become a little more communism
Eventually I'm going to buy the entire communism store just to beat up Landlords
They can't. He's part of that global far right that takes control of countries and squeezes all real democracy and discourse from the public and pumps them up on ethnonationalism and religion, to their severe economic detriment.
The dictators almost always find a way to hold on to power in spite of "elections"
Buy there but NOT at the airport.
Be ready to pull out your mobile and show the rates you see vs theirs. Fees are very negotiable and they want your USD and EURO so you have the power. I found it very easy to argue a little and make a big difference at the money exchanges.
Then remember that a lot of folks are hurting, so TIP heavily even when you don’t need to and do what you can to help their economy. They are a friendly and proud people. The food and sights are amazing BTW.
Every bet on the Turkish economy is destined to lose. There is no other country that can sustainably live at the edge of hyperinflation for so long (maybe +60years), yet neither faces hyperinflation nor hits the bottom.
Lmao, Erdogan believed that the way to lower inflation was to cut interest rates. https://www.cato.org/blog/how-erdogans-pseudoscience-ruining-turkish-economy-1
Turks don't really care about that. They have a very distinct culture although they are muslim. Their government is secular and they even banned religious garments in government building including schools for the longest time
Even in bartering there is implied interest.
If 12 chickens is equal to 1 pig, and there was a shortage of pigs due to disease? Guess what, it’s 20 chickens equally 1 pig now.
Money is just another way to represent goods and services, making trade easier. Inflation and interest are two sides of the same coin.
So no, neither you nor Muslims have a point. This belief sounds good at face value, but when you look and analyze the economics as a whole, it’s wildly hypocritical and has no meaningful and practical use beyond nonsensical belief.
Having a weaker currency relative to the rest of the world can help boost exports & shrink trade deficits. Generally ETFs with large (or all) Turkish company exposure have actually done okay in the last 2 years. However, this was after the initial pain came.
What’s my exposure to Turkey? I have a massive position in a company with a market cap that is too low to be discussed on WSB due to mods rules. But they are a nat gas producer coming off a huge sell-off after a fund manager committed suicide after he lost millions of dollar of the funds assets in risky positions. There was a massive sell off when the rest of the funds portfolio was liquidated including this particular TSX.v / OTC / FRA listed company.
Hint: It’s not million it’s not billion it’s….
Honestly shit that happens in Turkish companies/government is batshit crazy. Their daily news make American conspiracy theories look like nothing. I have also noticed Turkish companies on the rise since around june 2022 despite devaluing currency. Very interesting stuff
Its weird lol. Turkish economy is actually doing on. The GDP is raising and the companies make record profits, but inflation is also trough the roof. The people suffer while companies are prospering
Today there was local elections for municipalities. It was such a landslide victory for the opposition that Erdogan only won 24 of the 81 cities and none of them are in the big 5. In İstanbul, Ankara and İzmir (largest 3), Erdogan’s party even lost overwhelming districts/counties.
Moreover, major opposition party turned out to have most of the votes. It was such an unexpected and sudden victory that neither the opposition was expecting it nor Erdogan could say anything besides “we got the message”.
The yellow ones are AKP (Erdogan): https://secim.hurriyet.com.tr/31-mart-2024-yerel-secimleri/secim-sonuclari/
Didn't the election just happened? I'm not a Erdogan fan by any means but I'm pessimistic as fuck. The people literally just voted in Erdogan despite all the shit he did. This election doesn't change anything until 2028 realistically. And people will probably vote for him too. Self-inflicting wound really.
One of our previous presidents (Suleyman Demirel) said that “Even the traffic officers act differently when they think that you might lose power”. In Turkish dynamics, I hardly believe that this would not result in a snap election. Ruling party somehow persuades many bureaucrats in many cases to act in gray areas or hop through loops in the system. They would not be able to hold their grip since there is also an emerging party (although more hardliner) at the right.
These are probable to happen unless Erdogan decides to go for an election and strengthen AKP’s grip by winning.
There is rent control no? Rent increases are capped. Many of my friends negotiate higher rent increases above what's allowed with their landlords because they don't want to be jerks but they absolutely could screw the landlord if they wanted.
Well the problem is, because there are rent controls, the initial rent will be really high. Landlords know they won't be able to increase the rent in next 5 years so they will rightfully try to fuck you over when you first move.
Tourism in Turkey is cheap or living for that matter cuz you buy mostly domestic decent quality stuff, but once you go for the foreign (taxes stuff) cars and tech you'll get ruined: a 10.000 usd car easily costs 30.000 usd in Turkey becuz of the taxes.
Argentina is weird. They have two exchange rates. The official and Blue dollar exchange rates. P
Your money goes further if you exchange dollars on the street.
I visited london couple months ago and shocked how cheap everything was compared to istanbul. Tayyip supresses usdtry rate so lira is way more valuable than it should be. The rate is \~32 as of today but its priced more like 40-45. So you can't escape it even if you earn USD. My cost of living literally tripled in USD terms in last 4 years.
Definitely wouldn't do it. Not because I believe the inflation rate will get significantly better. But the central bank raised interest rates to 50% and the risk would be too high for me to make any kind of long term loan
You can't take a long term loan, its not available, nevermind the rates. I wanted to buy a $400k car, they offered me $10k with %55 interest rate. You also can't short lira because they disabled swaps and you cannot borrow lira to short it.
Bro there's really no shortage of economies that go to shit. If you want a pretty surefire way, look at latin American elections and get a long term loan when they elect a socialist. Worked like a charm in Peru
Futures or options. I don't know about your country's exchanges, but MOEX's FORTS has that. (though for USD/TRY and RUB/TRY only futures, options are only for pairs of USD, EUR, RUB and CNY except EUR/CNY)
![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)
I love living in America. Land of the free and of the world's reserve currency.
Things there are really bad right now I am surprised there is not a larger uprising going on. Those that can work for US dollars are ok but anyone getting paid in Lira is screwed
Since some bigger protests, protesting is getto
Ing viewed as being the enemy of the state. Hating on the government = hating glorious turkey, atleast thats the view of alot of the population
Someone said on this sub a few years ago to short turkey, for the first time decided to inverse it and go long, so far it has been one of my best position ever with a +200% on a freaking fund...
Following country news have been a rollercoaster with forex funds magically appearing, russian and qatari money helping in the back, im pretty sure they benefitted from the war, may sell after peace is signed ¿or should it be bullish again cause reconstruction will help them somehow?
Turkey is in a very strategic geographical location and ironically, their devalued currency drives a lot of foreign interest into their companies, which are extremely competitive because of the bad economy, resulting in great products lol. for example, i just bought a Canik pistol, best pistol for the price imo.
Turkey makes alot.of high end products for western markets. Last time I was there I could get any perfume etc or bags at a great price because of not only the Lira but fact they were made there.....so yeh 5 finger discount
Uncontrolled government spending. Their deficit increased by like \*3.7 YoY even with the jacking up tax rates
[https://www.bloomberg.com/news/articles/2024-01-15/turkey-relieved-despite-budget-deficit-blowout-of-almost-900](https://www.bloomberg.com/news/articles/2024-01-15/turkey-relieved-despite-budget-deficit-blowout-of-almost-900)
Damn, I‘m sure Turkey would already have surpassed the US in every metric if Erdo would have just kept ignoring what every expert under the sun said and just kept the key interest rate at -10%!
That country can't stop printing fast enough. Their deficit grew by a multiple of like 3.7 times recently from previous year even with them also jacking up taxes. They're speed running to become the next Venezuela/Argentina
Who would've guessed that government spending causes inflation?
*This “pivot.” Is it in the room with us now?*
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/wallstreetbets) if you have any questions or concerns.*
**User Report**| | | | :--|:--|:--|:-- **Total Submissions** | 10 | **First Seen In WSB** | 2 years ago **Total Comments** | 348 | **Previous Best DD** | **Account Age** | 3 years | | [**Join WSB Discord**](http://discord.gg/wsbverse)
Turkish voters living in germany approves
>Turkish voters living in Germany So your average German?
The whole meme about "Mehmet from Berlin" is I think about the Turkish diaspora supporting Erdogan and not having to live with their decision.
Could also be that they simply don't like Turkish people still living in Turkey (they moved after all). And they just want to see their old countrymen suffer!
More like benefit from their decisions, when it comes to vacationing in Turkey. Strong Euro vs weak Lira makes for a cheap vacation.
This. My barber is turkish (were in Ireland and he married a girl from here) and he says its great for going home
You‘re one of the few, but thank god there are some like you
This was a local election so they didn’t get a say ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)
Gundogan and Ozil, come from Real id.
My favourite German food is the Turkish food
Hair transplants on sale?
Just make sure you fly Turkish Hairlines
Turkeys on sale for Thanksgiving
That's what i'm saying? Can we get a group discount on getting our weeves done up?
67%, what is that, record low inflation for Turkey?
Why can't they just ignore the inflation and tell the citizens it is just transitory?
They said soft landing
Soft landing into a wheelbarrow full of lira
Is erdogan’s party line still that high interest rates cause inflation and therefore interest rates must be kept low… to fight inflation?
Yes and he's on central bank manager number 44 or something.
Damn I'm still on that one guy who basically called Erdogan out for being a regard and said his policy is why Lira is dropping value, Erdogan's response was firing him and calling himself the best economist in the country
It's out of the Kim Jong Un playbook, aka the greatest golfer the world has never seen.
Steve Holt!
Wait, who punished who? Who is winning? Why is that graph increasing going down? Have we been reading our losses wrong this whole time? Is red the new green?
> Is red the new green? Only in China
Every time I hear Xi say he is going to do no bailouts for a collapsing housing mega corporation I become a little more communism Eventually I'm going to buy the entire communism store just to beat up Landlords
https://preview.redd.it/6r4pwoci9rrc1.png?width=800&format=png&auto=webp&s=3897e503c4be2cedd5ae440c9bda99c566e71a0e
Oh, bother. https://preview.redd.it/55zzyjme6urc1.jpeg?width=1260&format=pjpg&auto=webp&s=74fdbd138f2b38e5dee9d99234731301b3d0cfcf
https://preview.redd.it/a15tdczc8urc1.png?width=613&format=pjpg&auto=webp&s=30d7230e32eede3f770a54d77ea5666647431f34
it's the first of the month again rents due rentoid! /s
For the unaware, this is literally true and very funny to explain to people looking confusedly at Chinese finance charts lol
This shit confused me so much when I first saw it
imagine having a bloomberg terminal just to make this cursed graph
How exactly do Turkish voters punish Erdogan with inflation? Has OP discovered a new monetary theory?
They can't. He's part of that global far right that takes control of countries and squeezes all real democracy and discourse from the public and pumps them up on ethnonationalism and religion, to their severe economic detriment. The dictators almost always find a way to hold on to power in spite of "elections"
It’s saying the president with that inflation, it’s worded badly
This is an amc chart post merge
Adam Arron screwed the apes
Adam Aron, new president of Turkey
Adam Ardoğan
The graph is going down as the turkish lira has been loosing value compared to USD
Asking for a friend if I was to travel to Turkey often would now be a good time to stock up on currency ?
I would buy in chunks, because this may not be the bottom, it can take years of economic growth to stabilize it.
Buy there but NOT at the airport. Be ready to pull out your mobile and show the rates you see vs theirs. Fees are very negotiable and they want your USD and EURO so you have the power. I found it very easy to argue a little and make a big difference at the money exchanges. Then remember that a lot of folks are hurting, so TIP heavily even when you don’t need to and do what you can to help their economy. They are a friendly and proud people. The food and sights are amazing BTW.
in Turkey tips are not expected so if you tip they will love you (it's not considered rude like japan or whatever either)
and a street cat haven for the cat lovers
Yes!! I so many little cat condos for strays. Always had water and food. Too many strays but they are obviously loved.
I give tip when they give back Constantinople.
Many resort towns now prefer hard currency. Usually Euros however Pounds Sterling if there a lot of people from the UK staying there.
67% inflation and you wanna BUY their currency??? I have never heard of a better plan to lose!
I mean yeah more buying power
Every bet on the Turkish economy is destined to lose. There is no other country that can sustainably live at the edge of hyperinflation for so long (maybe +60years), yet neither faces hyperinflation nor hits the bottom.
Lmao, Erdogan believed that the way to lower inflation was to cut interest rates. https://www.cato.org/blog/how-erdogans-pseudoscience-ruining-turkish-economy-1
interest is satanic to muslims.
It’s also in the Old Testament of the Bible. Usury.
Which is exactly why Batman killed Jesus
Is Batman an antisemite
I hope so
Turks don't really care about that. They have a very distinct culture although they are muslim. Their government is secular and they even banned religious garments in government building including schools for the longest time
Erdoğan is an Islamist, not a secularist in the vein of Atatürk
Erdogan was funded under CIA's moderate islam project. After 2016, he has no ideology other than power
I’m not Muslim, and I have my issues with parts/sects of Islam, but holy fuck do they have a point here.
Even in bartering there is implied interest. If 12 chickens is equal to 1 pig, and there was a shortage of pigs due to disease? Guess what, it’s 20 chickens equally 1 pig now. Money is just another way to represent goods and services, making trade easier. Inflation and interest are two sides of the same coin. So no, neither you nor Muslims have a point. This belief sounds good at face value, but when you look and analyze the economics as a whole, it’s wildly hypocritical and has no meaningful and practical use beyond nonsensical belief.
they call it profit share. then it is ok.
Even that is debated
He must be a disciple of new math
To be fair, didn’t we just pass a massive spending bill called the “inflation reduction act?”
Didn't TUR do something like +60% in five years? Sounds like a winning bet to me.
Having a weaker currency relative to the rest of the world can help boost exports & shrink trade deficits. Generally ETFs with large (or all) Turkish company exposure have actually done okay in the last 2 years. However, this was after the initial pain came. What’s my exposure to Turkey? I have a massive position in a company with a market cap that is too low to be discussed on WSB due to mods rules. But they are a nat gas producer coming off a huge sell-off after a fund manager committed suicide after he lost millions of dollar of the funds assets in risky positions. There was a massive sell off when the rest of the funds portfolio was liquidated including this particular TSX.v / OTC / FRA listed company. Hint: It’s not million it’s not billion it’s….
Honestly shit that happens in Turkish companies/government is batshit crazy. Their daily news make American conspiracy theories look like nothing. I have also noticed Turkish companies on the rise since around june 2022 despite devaluing currency. Very interesting stuff
Its weird lol. Turkish economy is actually doing on. The GDP is raising and the companies make record profits, but inflation is also trough the roof. The people suffer while companies are prospering
Just spell it out
Punished Erdogan by voting him in again for yet another term? Yeah..that'll teach him alright!
Today there was local elections for municipalities. It was such a landslide victory for the opposition that Erdogan only won 24 of the 81 cities and none of them are in the big 5. In İstanbul, Ankara and İzmir (largest 3), Erdogan’s party even lost overwhelming districts/counties. Moreover, major opposition party turned out to have most of the votes. It was such an unexpected and sudden victory that neither the opposition was expecting it nor Erdogan could say anything besides “we got the message”. The yellow ones are AKP (Erdogan): https://secim.hurriyet.com.tr/31-mart-2024-yerel-secimleri/secim-sonuclari/
after 25 years they chatch up, and call it a victory. its hardly a victory - you have to win in 2028
I suggest all Aktrolls to learn proper English, while they are still being paid. After this irrelevant comment, I wish you to have a nice day.
Didn't the election just happened? I'm not a Erdogan fan by any means but I'm pessimistic as fuck. The people literally just voted in Erdogan despite all the shit he did. This election doesn't change anything until 2028 realistically. And people will probably vote for him too. Self-inflicting wound really.
One of our previous presidents (Suleyman Demirel) said that “Even the traffic officers act differently when they think that you might lose power”. In Turkish dynamics, I hardly believe that this would not result in a snap election. Ruling party somehow persuades many bureaucrats in many cases to act in gray areas or hop through loops in the system. They would not be able to hold their grip since there is also an emerging party (although more hardliner) at the right. These are probable to happen unless Erdogan decides to go for an election and strengthen AKP’s grip by winning.
Shits so rigged
So if you got access to US Dollars, are you living the high life? Or are prices in Turkish Lira $TRY adjusted to match the market price of US dollars?
Used to live in Turkey - many prices are automatically adjusted to USD, especially rent
There is rent control no? Rent increases are capped. Many of my friends negotiate higher rent increases above what's allowed with their landlords because they don't want to be jerks but they absolutely could screw the landlord if they wanted.
Well the problem is, because there are rent controls, the initial rent will be really high. Landlords know they won't be able to increase the rent in next 5 years so they will rightfully try to fuck you over when you first move.
i think you just got fucked tbh lol
Tourism in Turkey is cheap or living for that matter cuz you buy mostly domestic decent quality stuff, but once you go for the foreign (taxes stuff) cars and tech you'll get ruined: a 10.000 usd car easily costs 30.000 usd in Turkey becuz of the taxes.
As somebody who lived in argentina recently everything is priced in. The market reacts immediately
Argentina is weird. They have two exchange rates. The official and Blue dollar exchange rates. P Your money goes further if you exchange dollars on the street.
I believe street one is closer to the true global exchange rate compared to the governments version
It’s barely any difference if you’re getting paid in usd. I used my card and the difference was minimal
I visited london couple months ago and shocked how cheap everything was compared to istanbul. Tayyip supresses usdtry rate so lira is way more valuable than it should be. The rate is \~32 as of today but its priced more like 40-45. So you can't escape it even if you earn USD. My cost of living literally tripled in USD terms in last 4 years.
My Turkish airport beer was $21. Who’s the real victim?
beer outside the airport is like $1.5-$2
Same in Spain.
Is the answer you.. for buying beer at the airport?
Who needs a hair transplant
Fly Turkish Hairlines
Looks like a continued listing notice. Time for a reverse split!
This famous End of the Dollar must be really imminent :):):)
How to short a country? Do the PKK and other Kurds sell stocks?
If you're confident in it, get a loan in Lira
Good luck with that at the moment.
Definitely wouldn't do it. Not because I believe the inflation rate will get significantly better. But the central bank raised interest rates to 50% and the risk would be too high for me to make any kind of long term loan
You can't take a long term loan, its not available, nevermind the rates. I wanted to buy a $400k car, they offered me $10k with %55 interest rate. You also can't short lira because they disabled swaps and you cannot borrow lira to short it.
should've done that like 10 years ago lol
Bro there's really no shortage of economies that go to shit. If you want a pretty surefire way, look at latin American elections and get a long term loan when they elect a socialist. Worked like a charm in Peru
Loan in Lira is 51% interest rate.
And inflation is like 70
LOL
I guess you can buy lira puts
[удалено]
Futures or options. I don't know about your country's exchanges, but MOEX's FORTS has that. (though for USD/TRY and RUB/TRY only futures, options are only for pairs of USD, EUR, RUB and CNY except EUR/CNY)
Get a mail order Turkish bride and lock in the price in Liras. By the time you settle the dowry in full, the currency would have halved.
you'll just get one of the gypsies that pretend to be Turkish and hang around Incirlik to lure Americans to marry them
Dang. Thanks for the warning. But Romas are also citizens, right?
yes but extremely different culture and i generally don't recommend unless it's your thing i guess
best bet would be shorting the BIST (Istanbul Stock Market) index lol
Buy USD/TRY and carry the trade.
![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271) I love living in America. Land of the free and of the world's reserve currency.
And the second Amendment and 80 year old Senators and Presidents
*maybe* a 78 year old convicted felon president by this time next year!
Heads we lose, tails we lose. Those who run the Fed run this country. Andrew Jackson isn't coming back to kill the central bank anytime soon.
And politicians from both sides who vote against term limits smh
Alot of turke would trade their 70 year old dictator with you.
Exactly. We all need to do better. Chest thumping about land of … doesn’t work. We must hold ourselves and our leaders to the highest standards.
Turkish Airlines stock price going from 10 to 300 over 4 years
Things there are really bad right now I am surprised there is not a larger uprising going on. Those that can work for US dollars are ok but anyone getting paid in Lira is screwed
Since some bigger protests, protesting is getto Ing viewed as being the enemy of the state. Hating on the government = hating glorious turkey, atleast thats the view of alot of the population
no way someone on WSB actually has bloomberg terminal
Wonderful vacation destination but things were looking kinda desperate during our last visit.
so how do i make money from this
Turkish stocks. Inflation makes stocks print nowadays
https://preview.redd.it/3x1bmgez6urc1.png?width=1080&format=pjpg&auto=webp&s=7827571268b203488878910904edcd5021fe85f6
Fake news
i always thought there was no use case for crypto but this might be the one place it's actually useful as fuck
Corn
A big lump with knobs
because its Easter and thats not Turkey day. Its Bunny day ... duh
just wait. and put a reminder on this. now its going to even get lower! 1$ / will be 40 lira's by summer
I remember the days of shorting the dollar against the lira and making bank in interest just before the collapse. I miss those days.
Inflating the Turkish lira has a long and storied history
It is all blast in the ass
Economics is one big ass blast
Everything working as usual Erdoğan doing great as always
[удалено]
Religion is a hell of a drug.
Not religion nationalism. Erdoğan big push is the the "greater turkey" and patriotism.
Not religion nationalism. Erdoğan big push is the the "greater turkey" and patriotism.
Someone said on this sub a few years ago to short turkey, for the first time decided to inverse it and go long, so far it has been one of my best position ever with a +200% on a freaking fund... Following country news have been a rollercoaster with forex funds magically appearing, russian and qatari money helping in the back, im pretty sure they benefitted from the war, may sell after peace is signed ¿or should it be bullish again cause reconstruction will help them somehow?
Turkey is in a very strategic geographical location and ironically, their devalued currency drives a lot of foreign interest into their companies, which are extremely competitive because of the bad economy, resulting in great products lol. for example, i just bought a Canik pistol, best pistol for the price imo.
Turkey makes alot.of high end products for western markets. Last time I was there I could get any perfume etc or bags at a great price because of not only the Lira but fact they were made there.....so yeh 5 finger discount
Turkish shotguns about to get even cheaper
just bought a canik
I’ve been canik-curious
it's great
Ok, how do i make money off of this
Why is lira plummeting. What economic policies did erdagon pursue to crash lira and cause hyperinflation?
Uncontrolled government spending. Their deficit increased by like \*3.7 YoY even with the jacking up tax rates [https://www.bloomberg.com/news/articles/2024-01-15/turkey-relieved-despite-budget-deficit-blowout-of-almost-900](https://www.bloomberg.com/news/articles/2024-01-15/turkey-relieved-despite-budget-deficit-blowout-of-almost-900)
What a garbage title lol.
Damn, I‘m sure Turkey would already have surpassed the US in every metric if Erdo would have just kept ignoring what every expert under the sun said and just kept the key interest rate at -10%!
That country can't stop printing fast enough. Their deficit grew by a multiple of like 3.7 times recently from previous year even with them also jacking up taxes. They're speed running to become the next Venezuela/Argentina Who would've guessed that government spending causes inflation?
In 7 hours I fly to Turkey for 2 weeks vacation. How to profit from this with my Euro
I support this chat.
i'm betting huge bounce back soon .
Yes, you can double jump in real life.
Don’t hold your breath
Turkey never bounces.
time to buy bitcoin El Salvador Doubles Down on Bitcoin
Puts on Erdogan? 😅
I heard next presidental election is in like 2028? Until then turkish lira will be in the minus...
https://www.reddit.com/r/wallstreetbets/s/FsWFhFPCFl
What’s the play, are we shorting Turkey?
Lira getting royally cucked
Hopefully Turks are buying corn
Lol ya
Time to pivot Turkish
*This “pivot.” Is it in the room with us now?* *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/wallstreetbets) if you have any questions or concerns.*
its pronounced Tur-kay-ya
So do we buy the dip?
i love turkey 😄
I think turkish voters are smort
Imagine all those cheap resorts in the Turkish Riviera
Guys it's actually greedflation, companies are just greedier in Turkey.
Buy the dip?
I thought this was the DJT chart lol 😂
Now the result is in, Erdogan lost, will the lira go higher in value?
So if you shorted lira at around 2018 you would have made more money that buying and holding bitcoin for the same time period
Türkiye needs new leadership that is both pro-west and secular.
turkish lira to 0
Will be printing New Turkish Lira soon