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Turkish stock market falls as demonstrations escalate
12 years 8 months ago - 12 years 8 months ago #6471
by Libero
Replied by Libero on topic Turkish stock market falls as demonstrations escalate
This will blow over...
Come what may, these protests (liberal use of the word of course, for I don't get what looting and vandelism has to do with "peaceful protesting") are still in a minority, when compared with to the support Erdogan currently enjoys.
The leadership remains an elected power, and it's no banana republic either: It is a democratic nation. Calls by hooded looters for an elected leader whose votes increased election over election to resign are futile.
Like him or loathe him, Erdogan survived an army coup, is currently presiding over an ecomonic success story, NATO nations still have a love-in with him too (that includes the "new Empire"), and get this: the "retirement age" in Turkey is around 41-45. Sure, those who are older can continue to work. However, the clever thing about this, is that it means there's always work for the young. How cool is that eh?
Beats the House of Lords and an octo-generian semi-senile judiciary that we have here no?
If some (mostly folks calling themselves "leftists") are now demanding his head, then surely very few "leaders" (the UK included) should feel safe!
Anyway, just my humble view ... Might even take a long position on the Turkish Exchange - Not a technical call mind!
Come what may, these protests (liberal use of the word of course, for I don't get what looting and vandelism has to do with "peaceful protesting") are still in a minority, when compared with to the support Erdogan currently enjoys.
The leadership remains an elected power, and it's no banana republic either: It is a democratic nation. Calls by hooded looters for an elected leader whose votes increased election over election to resign are futile.
Like him or loathe him, Erdogan survived an army coup, is currently presiding over an ecomonic success story, NATO nations still have a love-in with him too (that includes the "new Empire"), and get this: the "retirement age" in Turkey is around 41-45. Sure, those who are older can continue to work. However, the clever thing about this, is that it means there's always work for the young. How cool is that eh?
Beats the House of Lords and an octo-generian semi-senile judiciary that we have here no?
If some (mostly folks calling themselves "leftists") are now demanding his head, then surely very few "leaders" (the UK included) should feel safe!
Anyway, just my humble view ... Might even take a long position on the Turkish Exchange - Not a technical call mind!
Last edit: 12 years 8 months ago by Libero.
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