The Turkish economy, even if the exchange rate reaches 15 or 16 Turkish liras, in the end it is a large economy and the volume of foreign trade is large, exceeding 450 billion dollars, and the national product is not less than 700 to 750 billion dollars. Talking about the fall of the Recep Tayyip Erdogan regime if the exchange rate of one dollar reaches the equivalent of 10 liras is exaggerated. How does this affect Erdogan and his party? The wars that Turkey and the regime of Recep Tayyip Erdogan are waging against the Kurds, Syria, Iraq, the Caucasus, Libya, the eastern Mediterranean and in many parts of the world are one of the most important factors of draining the Turkish national sources of national income, and of course this depletion cannot be stopped in light of The continuation of the Turkish war against the Kurds at home and abroad and against other countries, and this is normal in this context There are tens of thousands of Turkish soldiers under arms inside Turkey against the Kurds, and abroad in northern Iraq (Kurdistan region), northern and eastern Syria, northern Cyprus, Libya and in various places, and thus this is one of the difficulties that negatively affect the Turkish economy, nor It is related from this angle to the conspiracies that Erdogan is talking about.Įveryone was saying that Erdogan's regime would fall if one dollar reached the equivalent of 10 Turkish liras, but we see that the dollar has exceeded 14 liras, and Erdogan's regime is still the same. But what about his hostility to the Kurdish people and spending billions of dollars in the war against the Kurds inside Turkey and in Syria and Iraq? It is the Corona pandemic, and the third reason is the external pressure, especially the American one on Erdogan for various reasons, but all of them aim to weaken Erdogan first and then try to bring him down in the upcoming presidential elections in June 2013.Įrdogan always links the collapse of the economy to conspiracies. The first is the corruption that is eating away at the system, especially the family close circles to Recep Tayyip Erdogan, and there is talk that 128 billion dollars have disappeared, all as a result of brokerage operations and corruption that affected the regime, and the second reason that negatively affected the Turkish economy and global economies. Qatar is Turkey's first ally and savior in crises Qatar will not allow Turkey to fall like this, but there are limits to the process of pumping Qatari cash and money into the Turkish economy, yet we have seen a collapse in the Turkish lira. It was expected that the visit of the Crown Prince of Abu Dhabi, Mohammed bin Zayed, to Turkey, would contribute to the brakes on the decline in the exchange rate of the Turkish lira against the dollar, and the collapse in the Turkish economy in general, but of course this visit may give some hope and confidence in the Erdogan regime But the $10 billion that was reported are investments and not direct cash injections into the Turkish treasury, and therefore any results on these investments require months and even years, and because this is how Erdogan visited Qatar in the hope that it would also help him in dealing with the deteriorating situation of the Turkish economy.
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The following is the text of the interview:ĭespite the agreements recently concluded by Turkey with the UAE and Qatar, the Turkish lira continues to deteriorate. Noureddine stressed that Erdogan could not offer anything to the Kurds, firstly because he is convinced of this and his Turkish nationalism prevents it, and secondly, he will lose the votes of his partner in the Nationalist Movement Party. Opinion polls confirm that the popularity of Erdogan's party has declined by a very large percentage compared to the rest of the parties. In an interview with our agency, Muhammad Nureddin explained that pressures, corruption, zero relations with countries, and foreign wars will as a matter of course affect Erdogan's standing in public opinion. Muhammad Noureddin confirms that the deterioration of the Turkish economy weakens Erdogan’s regime politically and economically, and said: “Especially that Erdogan and his party built their feasibility on a strong economy and a zero-problem policy."
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The Turkish economy is witnessing a gradual deterioration, as a result of the policies pursued by Erdogan’s regime, and the value of the Turkish lira has reached its lowest level against the US dollar.