• Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
  • Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!

Why is no one talking about Turkey?

Collapse
X
  •  
  • Filter
  • Time
  • Show
Clear All
new posts

    #11
    What is the matter with you people? Trump didn't cause every problem in the world.

    The Lira is plummeting because of massive government spending and money printing. Then add state seizure of assets and corruption and you have a new Venezuela on Europe's door-step.

    The USA is helping the demise with an eye to regime change and I think a lot of Turks would rather like that. Hope for a bloodless coup.

    Comment


      #12
      By that rational the UK should be next...
      "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

      Comment


        #13
        I'm not a fan of UK monetary policy but...

        "state seizure of assets and corruption" is a key here.

        The ECB is doing an even worse job than the BoE (as if possible) so expect a looming Euro crisis on the horizon too.

        Comment


          #14
          People have been banging on about the euro collapsing since 2008, ten years later it's still here as strong as ever and not going anywhere. If big IF, the US dollar collapses the euro will become the new global reserve currency. Or Bitcoin, you never know.

          State seizure of assets will happen after the next general election when Corbyn gets in.


          TOP 10 The Most Expensive World Currencies in 2018
          "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

          Comment


            #15
            Didn't say the Euro was going to collapse, said there'd be a Euro crisis. Debt levels are crazy, German banks at critical and badly on the hook for the Southern periphery and the ECB has shot its wad just as the USD goes thermonuclear.

            Think ERM on steroids.

            Corbyn is not going to "get in", a Labour civil war will replace him - can't you smell the blood in the water?
            Last edited by TwoWolves; 11 August 2018, 21:06.

            Comment


              #16
              Originally posted by scooterscot View Post
              People have been banging on about the pound collapsing since 1958, years later it's still here as strong as ever and not going anywhere.

              FTFY
              Always forgive your enemies; nothing annoys them so much.

              Comment


                #17
                The whole world is in debt. China, the US, UK... not just isolated to the EU. There'll be a massive realisation of those unsustainable debt levels, a collapse and a massive transfer of wealth to a new generation.

                Transferring wealth around the world without border control will be become normal, probably all on blockchain.

                I'd put money that the US dollar will collapse this year or early next and that you'll see some US states become independent. Those states responsible for generating most of the US GDP. Protectionism always ends one one and it's not the way Trump would like.
                "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

                Comment


                  #18
                  Originally posted by vetran View Post
                  FTFY
                  yup strong as ever

                  Would you put that daily wail down and start thinking for yourself, please!!


                  "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

                  Comment


                    #19
                    Originally posted by TwoWolves View Post
                    What is the matter with you people? Trump didn't cause every problem in the world.
                    The USA is helping the demise with an eye to regime change.
                    So not causing, but helping the demise?

                    Comment


                      #20
                      Originally posted by TwoWolves View Post
                      Didn't say the Euro was going to collapse, said there'd be a Euro crisis. Debt levels are crazy, German banks at critical and badly on the hook for the Southern periphery and the ECB has shot its wad just as the USD goes thermonuclear.

                      Think ERM on steroids.

                      Corbyn is not going to "get in", a Labour civil war will replace him - can't you smell the blood in the water?
                      ah the imminent break up of the Euro, indeed. You're not a regular reader of Ambrose Evans-Pritchard ?

                      I'm alright Jack

                      Comment

                      Working...
                      X