Turkish Allures

He said it:

“It is Impossible to Assimilate Turks”

The German newspaper Die Welt yesterday featured an interview with Ali Ahmet Acet, the outgoing Turkish ambassador to Germany. During the interview, the ambassador made the following interesting remarks:

“It is impossible to assimilate Turks. Turks have great homesickness. They feel strong ties to their villages and their family. Also, they have another religion. Because of these differences, assimilation is not possible.”

He also said that “the EU should ask Turkey to join”. (What he really said is Germany shoul ‘beg’ Turkey to join.) There is a certain lunacy that is inseparable from Mohammedanism.  (source)

 In other news:

Russia Sends Nuclear Subs To Patrol Cyprus Waters – Report

(Russia to defend Cyprus’s interests because the dhimmified west won’t do it? The world is getting crazier by the day…!)

Not flash at all:

Op-ed: Turkey no economic powerhouse, Erdogan’s credit bubble will soon explode   (Y-Net)

Erdogan’s sabre-rattling is nothing but distraction:

Some refer to him as “the Middle East’s new sultan in a neo-Ottoman empire” – yet the truth about Erdogan’s kingdom is utterly different. We are not facing an economic power, but rather, a state whose credit bubble will be bursting any moment now and bringing down its economy.

The budget deficit of the collapsing Greece compared to its GDP stands at some 10%, and the world is alarmed. At the same time, Turkey’s deficit is at 9.5%, yet some members of the financial media describe the Turkish economy as a success story (for comparison’s sake, Israel’s deficit stands at some 3% and is expected to decline to 2% this year.)

Related stories:

While Turkey’s economygrew by some 10% this year, this was merely the result of financial manipulation.

So how does the system work? The banks in Erdogan’s Turkey handed out loans and mortgages to any seeker in recent years, offering very low interest rates; this was in fact a gift. As the interest rate was so low, Turkish citizens used more and more credit, mostly for consumption.

And how did Turkey’s Central Bank finance this credit party? Via loans: Erdogan’s bank borrowed money in the world and handed it out to its citizens. However, Turkey’s deficit kept growing because of it, until it reached a scary 8% of GDP; by the end of the year the figure is expected to reach 10%.

Turkey’s external debt doubled itself in the past 18 months, which were election campaign months. Only a small part of the deficit (15%) was financed by foreign investment. The rest constitutes immense external debts.

Now it’s clear that Erdogan’s regime bought the voters in the recent elections. Most of the Turkish public elected him not because of Islamic sentiments, but rather, because he handed out low-interest loans to everyone. I will provide you with cheap money so you can become addicted to shopping, and you shall elect me.

The Israel diversion

This created Turkey’s credit bubble, which may explode any day now, because the date for returning the loans approaches. Will the Saudis help Erdogan as he hopes? This is highly doubtful. Nobody is willing to pay for attacks on Israel, and the West is annoyed by Erdogan’s thuggery. Why should they help him?

Moreover, Turkey’s unemployment rate is 13% and the local currency continues to plummet vis-à-vis the dollar – it reached its lowest levels since the 2009 global crisis. With a weak currency and with a stock exchange that lost some 40% of its value in dollars in the last six months, Erdogan wants to be the Middle East’s ruler?

Once the bubble explodes, the score with Erdogan will be settled, by the journalists his government ordered to arrest, by army officers charged with imaginary accusations, by the restrained scientists, the politicians, and mostly the general public, which shall be facing an economic disaster. 

And this is where Israel comes into the picture. Why talk about the approaching economic catastrophe? Why talk about this disgrace, when it’s better to create an artificial crisisvis-à-vis Israel, a spin that the whole world will be talking about instead of talking about the sinking Turkey? After all, the Marmara raid happened more than a year ago, why did it emerge again now? Is it only because of the Palmer Report?

We shall wait a few more months, and then we shall see what really happens in the new sultan’s kingdom.

5 thoughts on “Turkish Allures”

  1. “He also said that “the EU should ask Turkey to join”. (What he really said is Germany shoul ‘beg’ Turkey to join.)”

    Europe should ask Turkey to leave!!! (What I really mean is Germany should send the Turkey packing!).

  2. Well, of course it’s impossible to assimilate a population which holds true to it’s own all encompassing socioeconomic political system which just happens to be enforced through a protective religious shield.
    OT, but somewhat related:
    From the indomitable Ann Barnhardt, fearless keyboard & video warrior who verbally thrashed ‘jackass’, Lindsay Graham’s pandering for sharia at the expense of our inalienable and Constitutionally protected right to free expression and unflinchingly defended that first amendment right with her bacon bookmarked koran & fire bowl. . .Ann’s current video lecture unabashedly addresses the unspeakable shame of Islam’s closeted sexuality.
    Islamic Sexuality: A Survey of Evil (Parts 1-4)

    “Here it is. Thanks to Mara and Jack at FreedomTalkNetcast.com for the photography and editing.

    Extreme disturbing content warning. Not safe for work. Not appropriate for children. Not appropriate for anyone, but mature adults [who] need to know the truth about these things.
    Video links to parts 1-4 of Ann Barnhardt’s lecture:

    Islamic Sexuality: A Survey of Evil (Part 1 of 4)

    Islamic Sexuality: A Survey of Evil (Part 2 of 4)

    Islamic Sexuality: A Survey of Evil (Part 3 of 4)

    Islamic Sexuality: A Survey of Evil (Part 4 of 4)

    This is in the public domain with no copyright, and was produced and is provided solely for the public good. Please feel free to copy, mirror and share. [end quote]

    lan astaslem

  3. Allowing the Mohammedan TROJAN HORSE that is Turkey in to the EU will just speed up the death throws that European Civilization is going through by allowing Mohammedan IMMIGRATION.

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