Qatar stimulates Turkish economy with 15B
- Thread starter Shaolin23
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sounds like qatar gave turkey a nice BJ
Shaolin23
Seeker of knowledge and truth
Qatar just bought a shit ton of Lira's and cheap debt on major Turkish companies balance sheets.
If Somalia had it's shit together we could have done the same.
If Somalia had it's shit together we could have done the same.
When will somalis stop begging people.
Somalis need to get back up on their feet by themselves.
felloff
FA'CASH GANG BABY
15 billion in FDI not aid
Oh true true, we need investment.
Why waste 15 billion on corrupt qabilists
felloff
FA'CASH GANG BABY
true, but even funding things like somaliland development funds could help alot, even just building roads and power plants
why don't the politicians focus on 2 things their region could excel at and market it. Like opening a steel mine which could make billions or sell cement which is worth billions. But no they just pocket the food aid money. Somalia is useless to investors.
15 billion dollars investment into turkey has a high possibility of a return regardless of the economic situation in the county.
The Turkish government would appreciate the gesture and bail them out if things don't work out when they can.
Unfortunately, any investment into Somalia is like throwing it in a black hole atm.
Btw 15 billion dollars is peanuts.
Turkey needs hundreds of billions to stabalize their currency against the increasingly strong dollar. All EM countries are also feeling the pain.
The US dollar will come drop 25% mark my words by the end of trumps term.
The pending derivatives crash that nobody is talking about will have Trump as the fall out guy.
There's $600trillion dollars that literally made out of Cirka. China is already carrying 30% of this weight in exposure. It's a matter of time until we hit a depression never seen before.
Somalia will be save once again. We have zero exposure, and all we need to have is a strong agricultural economy and feed our people while we sit back and miss another financial Armageddon
Let's hope that it continues to stay that way.
The new economy council in Xamar is made up out of patsies for the western financial industry.
Peter Mugglebrook is one of the 5 members in the council. He works for the UK government, worldbank and the UAE.
Not sure if he could be seen as an independent advisor who has the best in mind for Somalia... not that the organizations he works for are our enemies.
If they could; they would attempt to persuade the gov to use all our assets as collateral for a tiny loan.
The reason why the IMF, the worldbank and co insist on other countries to deeply integrate with the "global" financial system is to act as a cushion for Western debt markets and the dollar.
This is the reason why the US is on Turkey's ass since they refused to take a bullet for US banks like the Asians did in the Asian financial crisis a couple decades back.
EM is where the west dumps it's liabilities when they don't know what to do with it and the governments and banks in those countries happily eat it up.
This neef was put in there because the Odays who visited Brussels were acting like children.
Somalia is far from even bring an emerging market, I think for the next 10 years it will be a wonderful place for Somalis to invest first.
The west keeps fucking up in Africa, and we have so many case studies of mistakes that other African countries have made at our benefit.
Somalis need to look at what went wrong when weirdos like this guy showed up to other countries.
We still are lucky,
True. Just hope we aren't still collecting these case studies for the future in the late 2020's.
We already have 60 years of data...
What happened to releasing more videos on your channel btw? The topics are all over the place but it's still entertaining.
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