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General Category => General Discussion => Topic started by: Ulli on June 04, 2013, 02:51:23 AM

Title: The economics of the "Turkish Spring" by Spengler in Asia Times
Post by: Ulli on June 04, 2013, 02:51:23 AM

Erdogan has a big problem with the economy. Turkeys Wirtschaftswunder was a bubble bloated by credit. But Erdogan thought he is now the biggest man in the region. He felt even strong enough to confront Israel. According to this he made his policy and displeased everybody except radical Sunni Muslims aka Salafists. But this are only 12 % of the population of Turkey. Let us see what will happen in the next months, if the economy goes down and the more clear thinking majority of the population will withdraw their support.


http://www.atimes.com/atimes/Middle_East/MID-02-030613.html

Title: Re: The economics of the "Turkish Spring" by Spengler in Asia Times
Post by: Zelhar on June 04, 2013, 04:38:30 AM

There are huge foreign investments in Turkey. Allot of heavy industry like steel and automobile production is going on there. Their tourist industry is also huge. Turkey is also running a "side" business of buying cheap oil from Iran and from the Kurds in Iraq and reselling it.

Title: Re: The economics of the "Turkish Spring" by Spengler in Asia Times
Post by: Ulli on June 04, 2013, 09:32:21 AM

Yes, but the question is how long it will continue.

Title: Re: The economics of the "Turkish Spring" by Spengler in Asia Times
Post by: serbian army on June 04, 2013, 07:56:05 PM

Great find...God bless you for giving me a link to this great site. I agree with this article.

Title: Re: The economics of the "Turkish Spring" by Spengler in Asia Times
Post by: Ulli on June 05, 2013, 05:49:22 AM

Quote from: serbian army on June 04, 2013, 07:56:05 PM

Great find...God bless you for giving me a link to this great site. I agree with this article.

Spengler is writing very good articles.