What the fuck is wrong with your currency, turkish bruhs? This kind of a collapse at such a time is going to echo around the world and start an actual global economic crisis.
Get your shit together fast, plz.
What the fuck is wrong with your currency, turkish bruhs? This kind of a collapse at such a time is going to echo around the world and start an actual global economic crisis.
Get your shit together fast, plz.
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Yeah cause that would be awful for all of us owning so much cryptocurrency...YOU IMBECILE
erdogan is an idiot
just FUD guys lira is strong
whales are accumulating cause the economy in turkey is booming
An economic downturn wouldnt have to result in a crypto bull. You have been sold some lies.
It is unironically FUD, Turkey is still strong monetarily
This is not ripple btw.
dead turk=good turk
> the state of bulltards thinking a economic crash would benefit crypto markets
im sure people would pull out their money from stock market and into even more volatile place, crypto
>bruhs
Fucking fuck off, filthy shitskin.
I hope they riot and shit.
Just came from that rathole the last day.
They are utter shit.
Will enrole in the army if we were to start war. Or send peace corps.
Constantinopole is greek.
Fuck the turks !
A banking and currency crisis sure as fuck would. What would u buy if your banks went offline and started collapsing?
Clearly u dont know the history of the birth of Bitcoin.
kebabfag here
>erdoğan consolidates power throughout the years
>takes control of the mainstream media as a whole
>creates imaginary enemies
>organize a black-flag coup attempt and blame a cult leader (Gülen, resides in the US) who he has worked with for years to gain power
>uses the fake coup as an excuse to acquire dictatorial powers
>anyone who opposes what he says is working with Gülen, therefore a traitor
>free speech etc doesn't exist
>corruption is at unbelievable levels, huge construction projects which yield no profits
>unironically says that high interest rates are a jew consipiracy against the Turkish economy, and that's why lira is shitting the bed
There are so many things that I won't even go into like arming ISIS and other jihadist groups, there's literally not one good thing he has done.
He thought he would be okay sustaining a growth economy with huge debts, but it doesn't work that way when there's no stability or separation of powers in your country. Nobody wants to invest in a country where the leader is just a fuckhead and there's literally no way of stopping him because the public is brainwashed for years by the media.
How do I start actively doing something against them from my cunt?
Short roach!
Clearly you don't know English spelling pajeet. If there's a run for the banks you need ammo not cryptos.
I was in turkey in june as a tourist in Istanbul. Everyone loved erdogan (cab drivers, hotel staff etc) so tell me should I stock up on Lira? (Visiting again in sept) and if yes is there a chance it'll go up soon?
Also how much should I buy? Have 10,000$ to spare
Based but also kill yourself
You shouldn't even touch TRY with a stick, believe me. It's not gonna go up for years.
>local currencies collapsing all over the world
>this is bad for bitcoin
Turkey is small change. The only thing this will affect besides turning turks into an ever more shittier nation is more shitskins fleeing to europe. Highest exposure is spain with 30 odd billion which is nothing. Eu has a trade surplus with turks but even that is a drop in the bucket. Moral of the story: support a dumbfuck in a weakly established shitnation and all ull get is tears. Same goes for russia
Literally can't stop laughing at the dumb turks, shitting on Ataturks legacy is going to end with whole of the turkish economy wiped out hahahahhahahahahaha. If USDTRY reaches about 7,1 it's going to be fucking glorious - all of the turkshit banks will be wiped out and seeing what kind of a debt the local government is in, even the IMF won't bail you out. Absolute fucking poverty will ensue hahahahaa, atleast you have islam right? HAHAHAHAHAHAH
>unironically says that high interest rates are a jew consipiracy against the Turkish economy, and that's why lira is shitting the bed
That caught my eye too, there were repeated references to interest rate lobbies and how they want to profit off of the situation.
Ironic considering peak jewery was what they did in US and EU. Where super low interest rate resulted in bloated stock markets and real estate.
Hope you die in a civil war soon.
Fucking nation of scammers and thieves and liars.
Lowest scum of the Earth.
Go back in the fucking desert you piece of shit ! And take your dihareea inducing kebab with you, asshole !
It's absolutely bad for bitcoin retard. Do you think the electric grid and the internet companies are paid in bitcoin?
That's not good, it was 300% up from its current price just 2 years back. Really think it won't recover? Also translate my pic related
We may not have strong currency, but we have ALLAH!
ALLAHU AKBAR!
You'll see what you get for worshipping money, instead of ALLAH, and conspiring against the Turkish people. In a thousnad years when the West is long dead and gone, Islam will still be here and Turkey will be a super power,and this will be nothing but a footnote in history.
Erdoğan's latest statement was: "Don't worry, they can have their dollars, we have Allah on our side."
Do you think it will recover? lol
Pic says "31/31, pretty good" 31 is a slang for masturbation, just a dumb ebin meme from years ago probably.
Russia runs just fine with people being in relative poverty and having clans of corrupt oligarchs rule the country with surrealist populist politics. Russians take pride in their nihilism, don't take life very seriously and manage just fine as they have experience. Literally the best outcome for them if the whole of russia turns into a variation of Roadside Picnic by the Strugatsky brothers. If you think otherwise, you must've never visited the vast rural russia, it's depressing but fucking beautiful at the same time. Turks on the other hand have this "islam pride" and feel theyre entitled to something but since they shit all over ataturks legacy... oh boy it's going to be so hard for them. Stupid fucks.
In 10 years we will celebrate the retake of Constantinopole.
After the 5 year turkish civil war.
You gonna get spring'd and you fucking know it roach bastard.
>a failed coup staged by pro-western military
>international pressure in media, calling edrogan "a literal hitler"
>an attack against national economy/currency when previous attempts have failed
>JUST B URSEL... EEH I MEAN JUST GET UR SHIT TOGETHER BRUH
fucking Jow Forumstards
Only option now is IMF bailout, but in this political climate it would be suicide for the whole of europe.
That's fucked up. Will visit turkey in sept and drop loads of money in the market gonna do my part in helping turkbros out. Bless ya m8
-13%
EAT SHIT LEFTIE
found the "religion of peace" leftist apologist, ahahahahhahahaha. Pressure by media HAHAHAHAHAHA, how fucking STUPID can you be?
This is (You)
>Supporting a CONSERVATIVE leader
>leftist apologist, ahahahahhahahaha
fucking Jow Forumstards
>Pressure by media HAHAHAHAHAHA
>implying the Western media isn't openly calling Erdogan a dictator, especially after the failed coup
stick to your shitcoins, imbecile
USA USA USA
Trump is barebacking Turkey atm
I TRIED SO HARD
>Crashing this much in a day.
Not even linkies were this unfortunate
What the fuck is Trump's problem
tradingview.com
Lira situation getting worse and worse every second at the moment.
You kemalists need to be shot in the fucking face. We have huge reserves and are dumping the jewS dollar, the same thing russia did a few years back when america tried to fuck them. We'll be fine, but that's not what makes me happy - it's knowing how upset that us being fine makes you that makes me the happiest. Fuck you and your traitorous ilk. Take another sip of that rakı, başı bozuk hayvan.
Quick Jow Forums, how do I make forex money on this.
Nice bait dostum, but trying to cope with the situation using memes and sarcasm doesn't really do it for me.
$TUR Turkey ETF down 20% in premarket lol
USA is one of the few countries in the world that can manage total self sustainability in the next few decades. He's not stupid, it's all a show. My guess is he and his Wall Street pals are smelling the recession coming from a mile away and are hedging. I unironically think that Trump is a genius now, I used to think he was just a right wing populist rebublican pawn, but if you look at the bigger picture... it makes sense... While half the world is hawking at his protectionism and weird policies, he's actually saving the financial future of the american people. I'm from eastern europe and I've never wished I was from USA until now. Politics = showbiz, he's good at it.
venezuela tier
You know guys how the saying goes... If you can't handle the JUST, try to COPE with the memes.
Yeah canım, I'll see you in a couple of years when things stabilize and you invariably have to go back to 'muh faşist'.
I get paid in USD, so my situation isn't so bad right now. What really upsets me is that we could've been a much greater country.
Much, much worse. Turkeys economy is much larger, they don't have the energy resources of Venezuela. And their local governments are so much in debt that even the IMF won't touch that shit with a 6 ft pole. Around 7,5 USDTRY the whole banking system in Turkey will be wiped out, that might sound like a good thing if you're a libertarian with guns and a farm but turks are dualistic twofaced frauds who bow to islam while consuming western media in copious amounts. This will trigger a world-wide economic shitfest. My puts are ready for SPY and DIJA (bought em last week).. Gonna kick back and enjoy the show.
You were a great country until you started bowing to islam again. I mean the US trusted you with nukes....
We are a great country though. The proof is in our history - we've survived through much worse. You're as delusional as the people saying 'RUSSIA WILL COLLAPSE!!1' a few years back if you really think this is going to ruin Turkey.
>mfw see other emerging markets
Contagion confirmed?
Nailed it completely , good to see someone is redpilled here.
That fucking fakd coup was EXACTLY like revenge of the sith desu, wonder if he watched it before hand as inspiration.
US banking cartel is probably behind the collapse, since erdogan has openly started defying their orders, but it's not like they caused the fundamentals to change: erdogan that over the country itself. It's completely his fault to have made it as vulnerable as it is to currency manipulation
Anyways erdogan is the biggest piece of shit on the planet and wouldn't mind seeing him roasted in an oven.
> !
Go suck off that faggot some more you subhuman fuck. You deserve rope just like him. There is no people lower than the turks, I view gooks and ojibwes running around naked in the Sahara as more human
Fucking piece of shit, erdogan STAGED the coup attempt and conpletely shat over turkey for years consolidating power and siphoning off funds, and you retards will still bend over and take it from him because muh Allah.
Kys faggot can't wait until the currency collapses
Would love.to beat the living shit out of you you subhuman Turk roach. You faggots deserve to be genocided.
RETURN CONSTANTINOPLE TO THE GREEKS NOW
That just shows us how fast emerging markets can collapse. Bad times are coming.
>Transfer a city from one failed state to another.
Top kek
>minor recovery
We seeing a dead cat bounce or actual improvement?
Byzantine empire was the longest continued state in recorded history you retard. And it only collapsed because subhuman shit like the turks decided to sperg over everything thanks to muh Islam.
Islam is the most virulent subhuman disgusting ideology to ever infiltrate the human psyche, all sufferers should be shot on sight
Erdogan ordered the turks to go all in the lira
That happened hours ago, i don't think it's related to that
Cheers to that sir
Yea sure now pay debt thx
The bogs woke up
Yep.
Worldwide economic collapse inbound, before 2020 for sure
Depends, if you own solid proof of work coins like monero you are golden.
If you own centralized proof of stake bullshit you're probably fucked
Dead cat bounce. Do not expect any improvement earlier than 2020.
It can't go on like it has for the last 2 hours forever. There will certainly be a small pullback at some point. In terms of a few weeks or months, I don't think it will recover though. A ~20% move in a day isn't just traders doing their thing, but shows fundamental distrust of the currency by investors.
Media is saying that around 7.5 USDTRY is the level at which Turkish banks start to capitulate. Dunno about that exact rate, but at some point the banks are definitely going to fail.
give us constantinople back retarded faggot turks. hagia sophia is a christian church.
Guess it's the prime time for a Turkish holiday.
Where's instanbul? Is that near Constantinople?
It's so cheap I feel like I'm stealing at these prices.
Buy the dip guys
>get worried about how this'll hit Europe
>realise we didn't let Turkroaches in
Heh, sorry kid
I don't think Turkey is relevant enough to affect the global economy. It's gotta come from the US. Speaking of, is there any dodgy shit going on at the moment like pensions, student loans. In retrospect there were indicators for the 2008 financial market collapse but I wouldn't know where to start looking now
>turkey recovering to 6.4
Crisis averted it seems
REEEEEEEEEEEE WHY CANT WE JUST HAVE 2008 AGAIN TO PROVE ONCE AND FOR ALL THAT BANKS ARE TERRIBLE
It's going to happen. Patience.
would you recommend buy land o a house in turkey atm?
what would be a good time frame to buy one?
>we all love our glorious leader
>please don't kill my family
soon Erdogan will open the Hagia Sophia as a mosque again
>we laugh at greeks
>HAHAHAHAHAHAHAHAHA
They need to rename the country Chicken, more people like Chicken than Turkey, fact
You take that back
Stop drinking the cool-aid and care about volatility.
Global economic crash is just what I'm after.
Checked, same here
Wasn't Turkey claiming they were the next world power? Lmao.
No that was India
Smartest post on Jow Forums right now
Write a book. Faggot
100% based and redpilled.
fpbp, let it burn. Anybody who hasnt known this is coming is retarded.
Turk here
Fucking Erdoğan and son-in-law Berat ruined the fucking economy and country
what the fucking do