The National Forum   Donate   Your Account   On Line Opinion   Forum   Blogs   Polling   About   
The Forum - On Line Opinion's article discussion area



Syndicate
RSS/XML


RSS 2.0

Main Articles General

Sign In      Register

The Forum > General Discussion > Tyrants lead Turkey and China into ruin.

Tyrants lead Turkey and China into ruin.

  1. Pages:
  2. Page 1
  3. 2
  4. 3
  5. 4
  6. ...
  7. 7
  8. 8
  9. 9
  10. All
Both China and Turkey have dictatorial leaders that are repressing any opposition and trying to control the economy with ideological policies rather than tried and true economics-based policies.

Erdogan has imprisoned more than 70 000 people on flimsy evidence and had a further 100 000 odd fired. He has lowered interest rates well below the rate of inflation causing inflation to skyrocket and the lira to crash, real incomes to shrink causing misery.

Xi has imprisoned more than 1000 000 in a slow running genocide, has overseen the crashing of the housing industry, and has hugely regulated the tech industries, the teaching industries etc, and punished foreign investors resulting in about 20 000 foreign businesses pulling out of China and putting nearly 300 000 000 out of permanent employment with no social security.

The crap is about to hit the fan in both countries and the question is whether the rest of the world is prepared for the fallout.
Posted by shadowminister, Sunday, 2 January 2022 10:28:28 AM
Find out more about this user Recommend this comment for deletion Return to top of page Return to Forum Main Page Copy comment URL to clipboard
Hey shadow, do you know if Erdogan takes on outside contracts.

We could certainly use someone in Canberra for a week or two to fire 100,000 of our useless lot.
Posted by Hasbeen, Sunday, 2 January 2022 11:27:21 PM
Find out more about this user Recommend this comment for deletion Return to top of page Return to Forum Main Page Copy comment URL to clipboard
Turkey is a close allie of the United States, and China will soon overtake the US as the world's leading economic power.
Posted by Paul1405, Monday, 3 January 2022 6:05:09 AM
Find out more about this user Recommend this comment for deletion Return to top of page Return to Forum Main Page Copy comment URL to clipboard
Paul,

I can't tell whether you are really thick, have been living under a rock, or base your thoughts on failed socialist ideology instead of facts.

Turkey is a part of NATO but has certainly not been a close ally of the US since Erdogan took office a decade ago and even banned the sale of sensitive equipment to Turkey.

Anyone following the news in China would realise that China is not going to overtake the US economically anytime soon if ever. The housing market which has represented 30% of China's economy and 80% of total household wealth is collapsing shedding millions of jobs in both the construction and support industries, with huge losses for provincial and federal governments.

State vanity projects such as high-speed rail cannot even cover operating costs with ticket sales let alone pay their loans, and with covid, power shortages, fuel shortages and electricity shortages private companies are going bankrupt left right and centre.

The banks (all state-owned) that have loaned $Ts against private and state assets are now technically bankrupt.

China will be lucky to see 2030 without wide-scale rioting let alone becoming the world dominant economic and military power.
Posted by shadowminister, Monday, 3 January 2022 8:17:51 AM
Find out more about this user Recommend this comment for deletion Return to top of page Return to Forum Main Page Copy comment URL to clipboard
SM, you again resort to name calling, it's your ideological slant that sees you attacking China. Some would describe China as an economic miracle, but not you. As for Turkey they are part of the American NATO puppet.
Posted by Paul1405, Monday, 3 January 2022 8:36:13 AM
Find out more about this user Recommend this comment for deletion Return to top of page Return to Forum Main Page Copy comment URL to clipboard
Paul,

When you post uninformed bollocks as gospel then I will have a go at you.

For example, both South Korea and Taiwan started at the same time as China and both have far outstripped China in terms of GDP per capita.

China's miracle has achieved massive growth on the back of wildly unrealistic government spending leading to levels of debt at state, provincial and personal levels that would make Greece seem fiscally responsible.

While asset values and the economy were growing rapidly the debt would appear manageable. But with the pandemic and other countries tightening up imports, China's growth has been curtailed and is now dipping into recession. The China of today is far different from China even a year ago.

Secondly, relations between Turkey and the US were very strong a couple of decades ago, but in the last decade, this has gone down rapidly. I would suggest you read up on this before posting rubbish.
Posted by shadowminister, Monday, 3 January 2022 9:07:38 AM
Find out more about this user Recommend this comment for deletion Return to top of page Return to Forum Main Page Copy comment URL to clipboard
  1. Pages:
  2. Page 1
  3. 2
  4. 3
  5. 4
  6. ...
  7. 7
  8. 8
  9. 9
  10. All

About Us :: Search :: Discuss :: Feedback :: Legals :: Privacy