Even though I'm very anti Erdoğan I would not be happy If we got the Olympics with or without Erdoğan. Our Economy is projected as a heaven and Turkey as in growth but on the contrary it's way too bad and currently sky diving. Putting one more economic burden as big as the Olympic games would be catastrophic. We are nearly paying taxes just to breath. (exaggeration yes but not too well off.) Getting the games would mean more "temprorary but never to be lifted" taxes to fund the games but in realty just for making more funding for politicians.
I'm really happy for Istanbul to loose and feeling bad for Tokyo to win.
Taking "Ministry Numbers" into account is the most vulnerable thing to do in Turkey right now. According to them Turkish Lira was rock solid but it just sank 15% in a day a few days ago.
I have no numbers that I can count on right now. But I have some facts about the fragility and vulnerability of Turkish economy. I'm 15 percent poorer than last week.
"As of today" Turkey is the "most vulnerable" country to a stop in capital inflow.This means Turkey is on a very fragile balance.Just google "capital-freeze index" and check out the economist.com graph.Maybe Erdogan controlled media is lying to you.
Comments
Even though I'm very anti Erdoğan I would not be happy If we got the Olympics with or without Erdoğan. Our Economy is projected as a heaven and Turkey as in growth but on the contrary it's way too bad and currently sky diving. Putting one more economic burden as big as the Olympic games would be catastrophic. We are nearly paying taxes just to breath. (exaggeration yes but not too well off.) Getting the games would mean more "temprorary but never to be lifted" taxes to fund the games but in realty just for making more funding for politicians.
I'm really happy for Istanbul to loose and feeling bad for Tokyo to win.
[deleted]
Taking "Ministry Numbers" into account is the most vulnerable thing to do in Turkey right now. According to them Turkish Lira was rock solid but it just sank 15% in a day a few days ago.
It seems like you're implying that Ministry of Finance's numbers are wrong. In that case, what numbers I should take into account?
I have no numbers that I can count on right now. But I have some facts about the fragility and vulnerability of Turkish economy. I'm 15 percent poorer than last week.
"As of today" Turkey is the "most vulnerable" country to a stop in capital inflow.This means Turkey is on a very fragile balance.Just google "capital-freeze index" and check out the economist.com graph.Maybe Erdogan controlled media is lying to you.