Russia and Turkey

Hannibal Barca wrote:Lira stabilised, end of story.

Washington's attempt failed even more miserably than SA attempt with Qatar. They are also losing economic war with China BIG TIME. First results start coming out and they look very bad, USA economy is not stimulating as it was hoped.

Trump in panic mode, whining that Erdoğan deceived him, and begs for quick release to not lose face, release Brandson and everything will be fine again twittes where really pathetic. 

Hey there is nobody more anti-Turkish than me here, but I always analyse objectively.

Vladimir79 wrote:

The markets and government are shut down for the Eid al-Adha holiday.  Nothing is over.  

GunshipDemocracy wrote:

nevertheless there will be no black scenario for Turkey. As Russia didn't suffocate with sanctions. But the harder US presses on Turkey the better for Russia. More enemies of my enemy ...

Vladimir79 wrote:

GunshipDemocracy wrote:

nevertheless there will be no black scenario for Turkey. As Russia didn't suffocate with sanctions. But the harder US presses on Turkey the better for Russia. More enemies of my enemy ...

Russia has been willing to defend its currency with its reserves, something Turkey does not have with only 10 weeks of FX remaining.

Vladimir79 wrote:

GunshipDemocracy wrote:

nevertheless there will be no black scenario for Turkey. As Russia didn't suffocate with sanctions. But the harder US presses on Turkey the better for Russia. More enemies of my enemy ...

Russia has been willing to defend its currency with its reserves, something Turkey does not have with only 10 weeks of FX remaining.

medo wrote:

Russia doesn't defending Rouble with its reserves. Rouble is in free float.

GunshipDemocracy wrote:

you still look as an accountant to me, this is a political issue. Lets wait those 3 months then and we'll see.

Vladimir79 wrote:

GunshipDemocracy wrote:

you still look as an accountant to me, this is a political issue. Lets wait those 3 months then and we'll see.

We only had to wait two days for it to fall from 6 to 6.5.  Next week we are looking at 7, next month it could be 8.

GunshipDemocracy wrote:

Now  I feel like listening to  stock reports by day-traders.
Fall from what ? USD? so 6/8is what 30%? Ruble gone form 30 to 60 and somehow economy didnt collapse.

Let's wait then

GunshipDemocracy wrote:

Ten years ago the lira was almost 1:1 with the USD, 

GunshipDemocracy wrote:so USD parity is the only parameter about how strong the economy is?

GarryB wrote:

The question is how this will all play out with regard to Turkey and Syria and Russia... not expecting a hollywood ending myself...

GarryB wrote:

The question is how this will all play out with regard to Turkey and Syria and Russia... not expecting a hollywood ending myself...

Vladimir79 wrote:

As far as the Turkish backed terrorists in Syria their wages have lost half of their value and can no longer afford food.  They are deserting the ranks looking for higher wages.  Even Assad pays more as we prepare for the assault on Idlib.  If Turkey doesn't withdraw from Syria they will not only lose all ground but also the province of Hatay as Assad plans to recapture it.  The collapse of the lira is also having profound effects in Northern Cyprus as their public workers are on strike shutting down essential services.  

GunshipDemocracy wrote:

In Russian interest is not destroying Turkey or change Erdogan to another president but with help of economy let him understand he needs to withdraw from Syria and not hel US there too.

Vladimir79 wrote:

GunshipDemocracy wrote:

In Russian interest is not destroying Turkey or change Erdogan to another president but with help of economy let him understand he needs to withdraw from Syria and not hel US there too.

If Turkey wants to be allies of Russia it must withdraw from Syria and Cyprus.  The way it looks now the workers in occupied areas paid in lira are not going to be loyal for long.  

Vladimir79 wrote:

GunshipDemocracy wrote:

In Russian interest is not destroying Turkey or change Erdogan to another president but with help of economy let him understand he needs to withdraw from Syria and not hel US there too.

If Turkey wants to be allies of Russia it must withdraw from Syria and Cyprus.  The way it looks now the workers in occupied areas paid in lira are not going to be loyal for long.  

George1 wrote:

Vlad, what is the Russian position on Cyprus dispute?

GunshipDemocracy wrote:

Vladimir79 wrote:

GunshipDemocracy wrote:

In Russian interest is not destroying Turkey or change Erdogan to another president but with help of economy let him understand he needs to withdraw from Syria and not hel US there too.

If Turkey wants to be allies of Russia it must withdraw from Syria and Cyprus.  The way it looks now the workers in occupied areas paid in lira are not going to be loyal for long.  

Syria yup, but never from Cyprus. Why Russia wuld require them to leave Cyprus? what Greece can give in return? nothing.  

Vladimir79 wrote:

GarryB wrote:

The question is how this will all play out with regard to Turkey and Syria and Russia... not expecting a hollywood ending myself...

As far as the Turkish backed terrorists in Syria their wages have lost half of their value and can no longer afford food.  They are deserting the ranks looking for higher wages.  Even Assad pays more as we prepare for the assault on Idlib.  If Turkey doesn't withdraw from Syria they will not only lose all ground but also the province of Hatay as Assad plans to recapture it.  The collapse of the lira is also having profound effects in Northern Cyprus as their public workers are on strike shutting down essential services.  Erdogan's dreams of the return of the Ottoman Empire are collapsing before his eyes.

Isos wrote:

Could it be, what you are saying about hatey province, used against SAA by nato to attack assad ?

Vladimir79 wrote:

Assad has vowed to reunite all of Syria including Hatay which belongs to it.  Turkey will not be allowed to hold any of its occupied Syrian territory.  

George1 wrote:
Greece do not posses any part of Cyprus

PapaDragon wrote:
It's not just about giving or legality

It's also emotional