UAE stops issuing visas to Somalia citizens
- Thread starter AbdiGeedi
- Start date
1- Is allowing an embassy to be built and begging for investments not getting on your knees??? You keep saying Turkey is hostile to Israel but then you contradict yourself.
2- Why would I post stats on Turkeys low-quality manufacturing? So that you can get a cheap "aha!" moment? I know UAE produces less goods than Turkey, but UAE industrial infrastructure is superior to Turkey, and that's all you need. Besides, what's so special about manufacturing bags of chips and purses? You're embarrassing yourself right now.
Plus Turkish companies beg Saudis to invest in them. Just look at the tacky prefab companies begging for Saudi money (and this is just one example of many). So desperate...
3- GDP PPP
India: 8.7 trillion
Japan: 5.2 trillion.
^ Unless you want to use the less accurate nominal figures.
I posted far more facts than you. The audacity that you have is hilarious.
Turkey will collapse before Saudi Arabia. Write that down.
AbdiGeedi
To keep your balance, you must keep moving.
1. Every country, including the West, Turkey and Israel, welcomes investments. It is by no means a sign of being at somebody's knees. The Turkish Embassy in Israel was opened 71 years ago and predates today's political climate.
2. Fact is: Turkey is the most industrialized country in the Middle East. That's why you can't come up with stats supporting your incorrect claim. Where do you come up with a notion of Turkey's low quality manufacturing?
3. Size of economy is reflected by GDP.
Japan: $4.97 trillions
India: $2.719
Again you presented zero facts to back up your claims.
AbdiGeedi
To keep your balance, you must keep moving.
Begging your supposed enemies (Israel, the west, and gulf arabs) for investment makes you a cheap hooker. And you keep mentioning how Turkey is somehow better off because of their cheap clothing and food product factories lol.
As for the India vs Japan comparison, you are certified mentally disabled if you think posting nominal GDP figures (which I mentioned in my post) is somehow a pwn. India has a larger economy (PPP), so is India more powerful than Japan?
As for the India vs Japan comparison, you are certified mentally disabled if you think posting nominal GDP figures (which I mentioned in my post) is somehow a pwn. India has a larger economy (PPP), so is India more powerful than Japan?
AbdiGeedi
To keep your balance, you must keep moving.
Devaluation of currency is common among many countries and definitely won't cause the collapse of Turkey. It makes its exports less costly though.Begging your supposed enemies (Israel, the west, and gulf arabs) for investment makes you a cheap hooker. And you keep mentioning how Turkey is somehow better off because of their cheap clothing and food product factories lol.
As for the India vs Japan comparison, you are certified mentally disabled if you think posting nominal GDP figures (which I mentioned in my post) is somehow a pwn. India has a larger economy (PPP), so is India more powerful than Japan?
Turkey produces cars, buses, electronics, medical equipment, machinery, clothing, food and many more for exports.
Nominal GDP is a universally accepted convention of measuring size of economy. I am giving back to you the "certified mentally disabled" tag.
How to Measure the Size of the Economy
Learn how the size and strength of a country's economy are measured and how the GDP can be used to determine its strength.
Are you seriously trying to defend a currency that has been rapidly declining for the past 7 years? And FYI inflation makes exporting less attractive and leads to an increase of imports. Now you understand why Turks are so desperate for Arab, Israeli, and western investment? They're poor as f*ck now.Devaluation of currency is common among many countries and definitely won't cause the collapse of Turkey. It makes its exports less costly though.
Turkey produces cars, buses, electronics, medical equipment, machinery, clothing, food and many more for exports.
Nominal GDP is a universally accepted convention of measuring size of economy. I am giving back to you the "certified mentally disabled" tag.
.How to Measure the Size of the Economy
Learn how the size and strength of a country's economy are measured and how the GDP can be used to determine its strength.www.thoughtco.com
Nominal GDP doesn't take COL into the equation, but regardless my point is having a bigger economy doesn't make you more powerful. If you're that triggered by my Japan vs India comparison then how about South Korea vs India. Hell, India even has nukes but they'll just end up like Iran if they tried to take on South Korea.
AbdiGeedi
To keep your balance, you must keep moving.
Where did you get your degree in economics? There should be a source for your stupidity.
How Importing and Exporting Impacts the Economy
Learn how imports and exports have a profound influence on the economies of nations.
One more time. Nominal GDP is a universally accepted measure of economic output.
"As the price level drops, interest rates fall, domestic investment in foreign countries increases, the real exchange rate depreciates, net exports increases, and aggregate demand increases." So this seems to suggest that increased inflation means more imports and less exports.Where did you get your degree in economics? There should be a source for your stupidity.
View attachment 155946
.How Importing and Exporting Impacts the Economy
Learn how imports and exports have a profound influence on the economies of nations.www.investopedia.com
One more time. Nominal GDP is a universally accepted measure of economic output.
"Exports - Inflation leads to reduction in exports due to goods and services prove more costlier in international market .
Import - Because in inflation money supply increase in market which enhance purchasing power of people which lead increment in demand of goods and services .To fullfill these demands government start importing goods and services."
.
All are economists. And my family has ties to a major conglomerate so no wonder you're confused.
AbdiGeedi
To keep your balance, you must keep moving.
It is the same link I gave you. Why don't you point out to the exact parts that support your claims about inflation and its effect on exports/imports?Read it slowly
How Importing and Exporting Impacts the Economy
Learn how imports and exports have a profound influence on the economies of nations.www.investopedia.com
Check my post now lol it was an error
b-b-but inflation is a good thing
theconversation.com
Turkey's collapsing lira: government is running out of options for embattled currency
It's two years since Turkey's last near-death experience, and the same short-term fixes are unlikely to work again.
theconversation.com
AbdiGeedi
To keep your balance, you must keep moving.
Re-read what you posted:
"As the price level drops, interest rates fall, domestic investment in foreign countries increases, the real exchange rate depreciates, net exports increases, and aggregate demand increases." So this seems to suggest that increased inflation means more imports and less exports."
1. the real exchange rate depreciates, net exports increases
2. this seems to suggest that increased inflation means more imports and less exports.
These two statements contradict each other logically. Wait a minute it was a Quora post that said "it seems".
Try again, expert.
So you think inflation is a good thing?Re-read what you posted:
"As the price level drops, interest rates fall, domestic investment in foreign countries increases, the real exchange rate depreciates, net exports increases, and aggregate demand increases." So this seems to suggest that increased inflation means more imports and less exports."
1. the real exchange rate depreciates, net exports increases
2. this seems to suggest that increased inflation means more imports and less exports.
These two statements contradict each other. Wait a minute it was a Quora post that said "it seems",
Try again, expert.
Turkey FM resigns amid economic crisis
Turkey's Finance Minister Berat Albayrak has resigned from his position allegedly due to the deterioration of his health, in a move that has shocked many in the country and leaves its economy even m...
www.middleeastmonitor.com
Pray for Turkey
AbdiGeedi
To keep your balance, you must keep moving.
Your posted article about collapse of the Turkish currency is dated August 11, 2020b-b-but inflation is a good thing
Turkey's collapsing lira: government is running out of options for embattled currency
It's two years since Turkey's last near-death experience, and the same short-term fixes are unlikely to work again.
And this article about the Turkish exports is for September, 2020:
Turkey's exports climb 4.8% in September - Latest News
Turkish exports increased 4.8% on an annual basis in September, according to the nation's statistical authority on Oct. 30.
Wait a minute... what? Exports increased while lira collapsed? But, @Asaana said the export should shrink?
From your source:Your posted article about collapse of the Turkish currency is dated August 11, 2020
And this article about the Turkish exports is for September, 2020:
Turkey's exports climb 4.8% in September - Latest News
Turkish exports increased 4.8% on an annual basis in September, according to the nation's statistical authority on Oct. 30.www.hurriyetdailynews.com
Wait a minute... what? Exports increased while lira collapsed? But, @Asaana said the export should shrink?
Turkey's imports amounted to $20.8 billion last month, a year-on-year rise of 23%.
That 3rd world style trade deficit is what I was talking about. Thank you for proving my point
May Allah save Turkiya
AbdiGeedi
To keep your balance, you must keep moving.
Turkey imports all of its oil/gas. Nevertheless exports were up too contrary to your economic knowledge.
According to preliminary data from the Trade Ministry on Oct. 2, Turkey saw an all-time high September export figure with $16.13 billion.
Turkish exporters ‘proving their success during pandemic era’ - Latest News
Turkish exporters have once again proven their success under extraordinary conditions, Turkish Exporters Assembly (TIM) Chair İsmail Gülle has said.
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