We're fine in a "What else can we be" kind of way.
I'm 40+. I started life in a mostly secular country that had a good combination of western values & traditions, a good, modern application of Islam, political comedy and a variety of artists and scientists. It was far from perfect, but it was something.
Today, our glorious leader seems to be in bed with the worst kind of religious extremists, refugees and immigrants taken in without any consideration of what it means for the people, Islamic cults are operating in the open (thankfully not everyone's into them, especially younger folks), freedom of speech is restricted badly and in fact, political opposition is being represed actively and it seems we're losing good influential people without enough replacements.
It pains me to see the younger people suffer through this. It pains me to see my beloved republic in this state. It pains me to want to get out and see others feel the same.
We've been politically separated, hard, and it's getting harder to get back to each other. I guess this part is global. I love the internet, but I think influencers, trolls and the overall environment made polarization vastly worse.
And now we're seeing signs that Turkey might be the next target in today's relentless, remorseless, cruel monster that Israel has become (and their allies) and fucking Erdogan might give them all the ammunition needed to justify an attack.
Idk. Fuck politicans man.
We could've been so much more.
And shame on us for not being able to coordinate better and stay together, but when everyone's barely surviving, it's hard to be an activist.
I don't think Israel would be stupid enough to attack NATO member. Maybe proxy war against Turkish-backed militias in Syria or Lebanon could happen in following years. But not attack on Turkey.
IMHO both Erdoğan and Netanyahu profit from this. So they will each other paint it like bigger possibility and problem.Nationalists and fundamentalists always need to have some external or even internal group of enemies to blame and rally support of their populations in the name of uniting against enemies. It is sad to see today's Israel and Turkey, both lead by nationalists, populists and religious fundamentalists while few years back both were progressive countries with good democracy.
Turkey is rising up economically. I hope pushes for more democracy will come when Erdoğan dies of old age. Don't see it happening before that.
As much as I’d like to dunk on the Turkish economy and its mismanagement, the chief driver of this recent spike (from March 30% to April 32% YoY) seems to be higher energy prices due to the Iranian war.
Turkish economy is incredibly vulnerable to energy prices as energy related commodities are the country’s biggest import.
Brazil, for instance, is another emerging market but they have huge natural resources. So their inflation is subdued - in fact they benefit from higher energy prices.
Of course, one can always say that Turkish administrations should have planned for this. They always be investing to reduce dependence on imported oil and natural gas by investing in say renewables. That’s a fair point but that’s a much longer project.
Oh, you think %32 is high? But you merely adopted the inflation. I was born in it. Molded by it. I didn't see it lower than 10% until I was already a man; by then, it was nothing to me but a few years break before jump again ! 5% is highly for but for me its nations goal.
Bro, they came from 70%. There’s actually been a big improvement compared to the last years. Their new central bank governor is doing a pretty good job.
Erdoğan left his peak popularity behind, I don't see him exceeding that. He might still win the next election but not because he's popular, average erdoğan supporter looks at opposition and say eww wtf is that and vote for erdoğan again. I voted for opposition i the last election and I really regret that, I wish I had voted for some third-way party. Main opposition party take their supporters for granted and treat them like idiots. I just wanted Erdogan gone but I'd rather sit back and relax than being treated like an idiot.
No one cares about relations with Armenia and Greece, peace process with the pkk is not something people really like, it's mostly cheered by the main opposition party and left wing parties (lol, their wet dreams)
Nope, luckily not. He’s an economist who worked at Amazon and the Federal Reserve, and holds a PhD in macroeconomics from the University of Pennsylvania.
If Romanians can really speak of their country as a shthole, that’s a solid start. I mean as with alcoholism, so with shtholes: admission is the first step.
In Turkey, that sort of speech gets you criminally indicted.
Inflation in Turkey has always been wildly repressed by the news. It was unofficially 80% when I lived there and that was 15 years ago. Things were cheap then though and you could live like a king on nothing.
No we havent. Turkish lira is extremely overvalued. we will se a monthly inflation in double digits. and most likely triple digits. and this overvalued lira is also gutting the exporters. even after the shock we will still be not fine. this is much worse than 2001 and 1994. we just havent reached the peak yet.
For some things you are... Medicine is twice as expensive in Bulgaria. But on the other hand electronics is a lot more expensive in Türkiye.
I'm visiting every year, now the food is approximately same cost as in Bulgaria. Few years ago it was twice as cheap. But yes, I'm converting currency, so this has to be considered.
Well about medicine we have also a shit ton of shortage on some drugs you can find easily in good old times but because of the fixed rate for medical adopted by the government (it was 17 lira before I left for poland last year) pharmaceutical companies don't supply large amount of medicine and you have to search at least 10 different pharmacy to find what doctor prescribe to you if you didn't manage to find pharmacist offer's you a different drugs while saying it's not the drug doctor prescribe to you but it will work same like that drug (but you're right about food and electronics)
Price from being independent. Cut ties with USA. Ofc is not like Turkey has brilliant economical politics but most of this inflation is because of intentional market actions against their currency by USA and USA oriented funds and markets.
If you mean the Turkish Lira was under attack and has depreciated and that as a consequence has caused inflation then you are wrong. In fact, the Lira is overvalued by most measures, as can be observed by the ridiculous prices reported by tourists.
No, unfortunately, the worst part is that we lost our understanding of what is cheap or what is expensive. Once the clerk asked me 100 for something (which was 35) and I just paid it. Then she noticed the price was wrong, and I realised I was not aware I was paying three times more for something.
It is nothing surprise. Goverment printing money and giving salary increase below inflation whie claiming that they are very generous towards her citizens, they are reducing spending via decreasing workers's payment.
Everyone buys everything now rather than later because tomorrow it will be more expensive. Since everyone buys everything right now rather than tomorrow, inflation is high. We are in this loop for over half a decade now.
What does this even mean I keep seeing crazy numbers.
What exactly is going down in value ?
Cause if money inflation keeps up with price inflation nothing even changes.
But if currency inflation goes up it means people can come from outside and buy everything for cheap even have arbitrage opportunities of certain goods being much cheaper there .
But the headline doesnt explain anything and I doubt the article does
BabylonianWeeb@reddit
I know who's happy about this news
blobmort@reddit
Your mommy?
_Caligulean_@reddit
The admin himself
muformoon@reddit
No fuck no
New_Reception_5387@reddit
man I miss when Turkey was affordable. now it's on par with most western countries
Dull_Cucumber_3908@reddit
It should be affordable if you have Euros or Dollars
name---@reddit
No it isn’t comparing prices basic groceries are more expensive than Germany. Only thing cheaper is housing.
btweenthatormohammad@reddit
Not that much really, actually some people going to Greece for vacation and tell it's cheaper.
destinyalterative@reddit
I kinda spent less money on Germany even... Considering the places I've eaten there and counting restaurant quality, even food was cheaper lol...
Dull_Cucumber_3908@reddit
I guess it depends based on the place.
seekTheTruth247@reddit
Not really. I found Istanbul to be quite expensive, at least in the touristy part. My visit to Milan was cheaper.
losankanke@reddit
All of eastern Europe is going through the same motion
Lonely-Ad8869@reddit
Not really, Turkey is quite an outlier in terms of inflation.
Comfortable-Dot-3130@reddit
As Russian i just want to ask: WTF?
Puzzleheaded_Sort294@reddit
no
themaelstorm@reddit
We're fine in a "What else can we be" kind of way.
I'm 40+. I started life in a mostly secular country that had a good combination of western values & traditions, a good, modern application of Islam, political comedy and a variety of artists and scientists. It was far from perfect, but it was something.
Today, our glorious leader seems to be in bed with the worst kind of religious extremists, refugees and immigrants taken in without any consideration of what it means for the people, Islamic cults are operating in the open (thankfully not everyone's into them, especially younger folks), freedom of speech is restricted badly and in fact, political opposition is being represed actively and it seems we're losing good influential people without enough replacements.
It pains me to see the younger people suffer through this. It pains me to see my beloved republic in this state. It pains me to want to get out and see others feel the same.
We've been politically separated, hard, and it's getting harder to get back to each other. I guess this part is global. I love the internet, but I think influencers, trolls and the overall environment made polarization vastly worse.
And now we're seeing signs that Turkey might be the next target in today's relentless, remorseless, cruel monster that Israel has become (and their allies) and fucking Erdogan might give them all the ammunition needed to justify an attack.
Idk. Fuck politicans man.
We could've been so much more.
And shame on us for not being able to coordinate better and stay together, but when everyone's barely surviving, it's hard to be an activist.
Smejici_se_bestie@reddit
I don't think Israel would be stupid enough to attack NATO member. Maybe proxy war against Turkish-backed militias in Syria or Lebanon could happen in following years. But not attack on Turkey.
IMHO both Erdoğan and Netanyahu profit from this. So they will each other paint it like bigger possibility and problem.Nationalists and fundamentalists always need to have some external or even internal group of enemies to blame and rally support of their populations in the name of uniting against enemies. It is sad to see today's Israel and Turkey, both lead by nationalists, populists and religious fundamentalists while few years back both were progressive countries with good democracy.
Turkey is rising up economically. I hope pushes for more democracy will come when Erdoğan dies of old age. Don't see it happening before that.
AnlamK@reddit
Careful, brother; someone can just file a complaint against you for insulting our dear president. It’s not worth the risk.
AnlamK@reddit
As much as I’d like to dunk on the Turkish economy and its mismanagement, the chief driver of this recent spike (from March 30% to April 32% YoY) seems to be higher energy prices due to the Iranian war.
Turkish economy is incredibly vulnerable to energy prices as energy related commodities are the country’s biggest import.
Brazil, for instance, is another emerging market but they have huge natural resources. So their inflation is subdued - in fact they benefit from higher energy prices.
Of course, one can always say that Turkish administrations should have planned for this. They always be investing to reduce dependence on imported oil and natural gas by investing in say renewables. That’s a fair point but that’s a much longer project.
nefertum@reddit
Oh, you think %32 is high? But you merely adopted the inflation. I was born in it. Molded by it. I didn't see it lower than 10% until I was already a man; by then, it was nothing to me but a few years break before jump again ! 5% is highly for but for me its nations goal.
CyberAttacked@reddit
Lord_Gobbledygook@reddit
Is it possible to learn this power of 10% inflation?
iamfrommerich@reddit
Do not be afraid to have long term debts for your critical needs like house and car
Your goverent is shitty enough make inflation even more ,so your debt will lose its value over inflation
UnhappyBreadfruit607@reddit
Not from the EU
Kind-Connection1284@reddit
Romania: let me introduce myself
Lord_Gobbledygook@reddit
Ever heard of the tragic story of Daryyip Erdogeis the Wise?
UnhappyBreadfruit607@reddit
No
Lord_Gobbledygook@reddit
There are economic growth possibilities in the eastern world some would consider... unnatural
UnhappyBreadfruit607@reddit
Is it possible to learn this power.
Lord_Gobbledygook@reddit
Да 😉🇷🇺🇨🇳
Device_Melodic@reddit
Ahahahahahahahahaha
1isiz@reddit
Someone was telling me but they took him to Silivri do I couldn't learn whole story.
13870034@reddit
Ahh yes
Maleficent-Ebb1155@reddit
Bro, they came from 70%. There’s actually been a big improvement compared to the last years. Their new central bank governor is doing a pretty good job.
Commercial_Law_1689@reddit
That and Erdoganopoulos is no longer firing anyone that says interest rate
UnhappyBreadfruit607@reddit
He found high inflation and high interest to be more effective than just high inflation.
Tight_Grapefruit5280@reddit
for more information google "Turkey inflation"
Apollonbbs@reddit
Hey man thanks for the advice. Those birds...
AudienceOpen5218@reddit
"they came from 70%" it was 5% in 2007
Jack55555@reddit
Is that also a nepo baby like when he made his son in law minister of something?
Lumpy-Tone-4653@reddit
Nope, now that erdogan consolidated power fully he started taking the economy seriously i guesse
Volaer@reddit
As a true PoliSci graduate after reading it my mind went to the effects it will have on his potential reelection.
btweenthatormohammad@reddit
Erdoğan left his peak popularity behind, I don't see him exceeding that. He might still win the next election but not because he's popular, average erdoğan supporter looks at opposition and say eww wtf is that and vote for erdoğan again. I voted for opposition i the last election and I really regret that, I wish I had voted for some third-way party. Main opposition party take their supporters for granted and treat them like idiots. I just wanted Erdogan gone but I'd rather sit back and relax than being treated like an idiot.
No one cares about relations with Armenia and Greece, peace process with the pkk is not something people really like, it's mostly cheered by the main opposition party and left wing parties (lol, their wet dreams)
Maleficent-Ebb1155@reddit
Nope, luckily not. He’s an economist who worked at Amazon and the Federal Reserve, and holds a PhD in macroeconomics from the University of Pennsylvania.
FrostyBelt6819@reddit
The thing is he can’t freely decide on things, he needs to get Erdogans approval which is where the plan blows up
tonybpx@reddit
Try 80+%
FrostyBelt6819@reddit
Its not really doing good but its just less worse
kukaz00@reddit
My Turkish colleagues don’t want to go back ever (to live, not to visit). And you would think Romania is a shithole, as we Romanians do.
AnlamK@reddit
If Romanians can really speak of their country as a shthole, that’s a solid start. I mean as with alcoholism, so with shtholes: admission is the first step.
In Turkey, that sort of speech gets you criminally indicted.
David_KAYA@reddit
No, send help.
TheScaryBoy@reddit
Romania gonna join soon
Fragrant-Field-2017@reddit
These are the official numbers. I think the reality is much worse...
Zealousideal_Cry_460@reddit
ShiruTheSpammer@reddit
no
Mobile-Training-3796@reddit
no
KaptanArkaKapi1@reddit
no
UnhappyBreadfruit607@reddit
no
Cihonidas@reddit
no
dogan_yildirim@reddit
no
QuantityAdvancedd@reddit
No
OmerulAhmet@reddit
No
wermotivation_@reddit
No
Skeetbug@reddit
No
reis_sevdalisi_61@reddit
No
Device_Melodic@reddit
NOOOOOOOOOOOOOO
UltimateAntic@reddit
Lord_Gobbledygook@reddit
No, Wallace, no!
QuarianGuy@reddit
I mean prices never stabilized or went down since 2019 so it's been 200% inflation (felt) here since forever.
Might as well have it climb to 300%
grkanozgr@reddit
FuckTheCake@reddit
This is low inflation for Turkey
afewnameslater@reddit
Erdogan really doing the money squeeze . Hot damn.
mstfly@reddit
Firm_Shop2166@reddit
Sultan Erdogan is doing a marvellous job at destroying the Turkish secular democrat republic and turning it into Turkishstan. Allah Akhbar!
GreatshotCNC@reddit
Rule34 Turkey inflation
GreatshotCNC@reddit
How delet coment ???
morttinen@reddit
As an expat in Türkiye, the hell not.
Kael-Levitarius@reddit
we're doing okay. bad days has passed worse ones are yet to come
Hairy_Addendum7789@reddit
Inflation in Turkey has always been wildly repressed by the news. It was unofficially 80% when I lived there and that was 15 years ago. Things were cheap then though and you could live like a king on nothing.
Choice_Run1329@reddit
Damn that scared me
AggravatedTurk@reddit
No
MJB9000@reddit
My house owner increased rent by 45% to 35,000 TL , says he doesn't care about the 32% legal. It's getting wild
Tasteless12@reddit
Foreigner in turkey, we are not doing okay
eleutheromaniann@reddit
where are you from
int23_t@reddit
It's fine, we've seen worse, we've seen worse even within last 5 years.
Titanium_Eye@reddit
Talking about those extra zeros must become tedious.
mittelhart@reddit
We had six zeros before 2005 so we are used to it. We now have two of those back, we still have four to go.
Exceptionaltomato@reddit
Just give erdo 2 more years
Gigalian@reddit
No we havent. Turkish lira is extremely overvalued. we will se a monthly inflation in double digits. and most likely triple digits. and this overvalued lira is also gutting the exporters. even after the shock we will still be not fine. this is much worse than 2001 and 1994. we just havent reached the peak yet.
Ok-Classroom-8853@reddit
It’s nothing terrible. In Yugoslavia, Serbia we had inflation of 313.563.558%. Monthly
International-Bar151@reddit
Rookie Numbers, can’t keep up with our psychological problems
AdFinancial5954@reddit
They are probably living better than us Bulgarians.
desertfox3834@reddit
No we are not
kkazakov@reddit
For some things you are... Medicine is twice as expensive in Bulgaria. But on the other hand electronics is a lot more expensive in Türkiye.
I'm visiting every year, now the food is approximately same cost as in Bulgaria. Few years ago it was twice as cheap. But yes, I'm converting currency, so this has to be considered.
desertfox3834@reddit
Well about medicine we have also a shit ton of shortage on some drugs you can find easily in good old times but because of the fixed rate for medical adopted by the government (it was 17 lira before I left for poland last year) pharmaceutical companies don't supply large amount of medicine and you have to search at least 10 different pharmacy to find what doctor prescribe to you if you didn't manage to find pharmacist offer's you a different drugs while saying it's not the drug doctor prescribe to you but it will work same like that drug (but you're right about food and electronics)
Annual_Jackfruit2892@reddit
I guess now is the easiest time to find a nice girlfriend from Turkey 🧿
No-Championship-4632@reddit
High time for pada vlada: https://www.youtube.com/watch?v=3_7fYTObkrw
unenforce@reddit
Wish we actually received Pads vlada Vucka
This-Wall-1331@reddit
Isn't that low for Turkish standards?
desertfox3834@reddit
Yes it's is currently
Gold-Ad-2581@reddit
Price from being independent. Cut ties with USA. Ofc is not like Turkey has brilliant economical politics but most of this inflation is because of intentional market actions against their currency by USA and USA oriented funds and markets.
egny@reddit
If you mean the Turkish Lira was under attack and has depreciated and that as a consequence has caused inflation then you are wrong. In fact, the Lira is overvalued by most measures, as can be observed by the ridiculous prices reported by tourists.
eleutheromaniann@reddit
especially the Pastor Brunson case.everything got worse after that incident.
IAmAkony@reddit
frappekaikoulouri@reddit
Να τα καταστήσετε φιλαράκια μου
Grand-Glove-9985@reddit
Who fights better in wars? The poor men and the leaders know it!
TheGringoLife@reddit
AnkaraMessy
aguilasolige@reddit
Is Turkey the new Argentina?
CivilianEngieGaming@reddit
Turkey so strong every items value in turkey increases by 30 percent🐺
Empty-Pace-4228@reddit
The same problems that we have today, we have them for 500 years. Inflation started in Turkey when America was discovered. We learnt to live with it.
Extension_Schedule_8@reddit
We are okay but what is okay for us is not okay for you
thrac1an@reddit
no
TurkOmbre@reddit
This percentage is so stupid. Because during that same period, the Turkish minimum wage also increased by 30%.
From 17 000 TL to 22 100 TL
Phenylethylamne@reddit
We haven't been fine for the last 25+ years
Alive-Mention-1481@reddit
No, unfortunately, the worst part is that we lost our understanding of what is cheap or what is expensive. Once the clerk asked me 100 for something (which was 35) and I just paid it. Then she noticed the price was wrong, and I realised I was not aware I was paying three times more for something.
KathenWalle6@reddit
Why do you ask what is it to you stfu
Volaer@reddit
I take the answer is 'no'.
Ninevolts@reddit
That's the TUIK number, aka the cover-up institution. Real number should be much, much higher.
Emotional_Charge_961@reddit
It is nothing surprise. Goverment printing money and giving salary increase below inflation whie claiming that they are very generous towards her citizens, they are reducing spending via decreasing workers's payment.
Necessary-Meeting-28@reddit
Everyone buys everything now rather than later because tomorrow it will be more expensive. Since everyone buys everything right now rather than tomorrow, inflation is high. We are in this loop for over half a decade now.
Fatalaros@reddit
KaptanArkaKapi1@reddit
quick someone attach "this but a scratch" meme here
ATAKURT1453@reddit
What does this stupid question have to do with the Balkans?
iamunwhaticisme@reddit
Those are rookie numbers for us.
CommunicationNo4547@reddit
I mean it was 100% in 2021/2022
Existing-Network-267@reddit
What does this even mean I keep seeing crazy numbers.
What exactly is going down in value ? Cause if money inflation keeps up with price inflation nothing even changes. But if currency inflation goes up it means people can come from outside and buy everything for cheap even have arbitrage opportunities of certain goods being much cheaper there .
But the headline doesnt explain anything and I doubt the article does
Extra-Day-9879@reddit
You'll get used to it after like... 20 years...
toiletwisdom@reddit
Its same in Bulgaria but officials lie its below 3%
FortisPatria@reddit
its normal.
SWAGYTOAST1212@reddit
You get used to it