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2022-06-09 Syria-Lebanon-Iran
Erdogan has stated that an operation in northeast Syria is imminent. What is behind these recent threats?
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Posted by badanov 2022-06-09 00:00|| || Front Page|| [11129 views ]  Top
 File under: Sublime Porte 

#1 After India, Turkey is emerging as one of the big winners from the West's debacle in Ukraine.

Like India, Erdogan holds an extremely strong hand. He's desperately courted by NATO at the same time that Russia is offering all kinds of economic benefits.

These include new trading opportunities in the wake of western firms' hasty forced exit from Russia to new financial ties including the new Russian credit card that replaced MC and Visa and that's based on the strongest global currency of 2022.

Most important, Turkey is emerging as the central transit hub for Russian (and Azeri and Kazakh) gas shipped to the Mediterranean nations, both south European, Arab and African.

Erdogan shows no sign at all of caving to NATO regarding his insistence that they stop harboring PKK terrorists. He has an extremely strong hand and seems to be intent on playing it successfully.
Posted by Der Blau Reiter 2022-06-09 00:16||   2022-06-09 00:16|| Front Page Top

#2 I detect a small whiff of bullshit, but go on...
Posted by Raj 2022-06-09 00:22||   2022-06-09 00:22|| Front Page Top

#3 "Woefully underestimate your enemy; never consider him a threat, or capable or intelligent."

- from The Art of Losing War
Posted by Joe Tzu  2022-06-09 00:33||   2022-06-09 00:33|| Front Page Top

#4 Turkey has had a shaky economy since the 1990s — crash after crash after crash. Demographically, President Erdogan has been fighting a desperate rear guard action to protect his precious Turks from the fact that they’ve had below-replacement birthrates for years, while the Kurds have been well above replacement despite all that the Turkish army has killed. Erdogan has been warning that within two generations the Kurds will inherit Turkey based on relative birthrates alone, accomplishing in reality what the Palestinians have been pretending to do.

Turkey may prove a short term winner — that outcome still remains to be seen — but whether there will be enough Turks in Turkey to enjoy the fruits of that labour for long is a different question.
Posted by trailing wife 2022-06-09 00:35||   2022-06-09 00:35|| Front Page Top

#5 "If you do not know what you're doing, neither does your enemy."

- The Art of Losing War
Posted by Joe Tzu 2022-06-09 00:37||   2022-06-09 00:37|| Front Page Top

#6 Joe Izusu - might want to check that spelling, mate...
Posted by Raj 2022-06-09 00:40||   2022-06-09 00:40|| Front Page Top

#7 Joe Tzu, The Art of Losing War

"Never defend your country's boundaries, and always put others ahead of your own citizens. You will earn their undying loyalty."
Posted by Joe Tzu 2022-06-09 00:43||   2022-06-09 00:43|| Front Page Top

#8 So Russia won't do anything about Turkey supplying drones to the Ukrainians? Or about Turkey preventing Russian ships from reinforcing the Black Sea Fleet?

And "strongest global currency of 2022"? That line had to come directly from the Kremlin.
Posted by Rob Crawford 2022-06-09 06:07||   2022-06-09 06:07|| Front Page Top

#9 ..at the same time the Turks are obstructing Sweden and Finland from NATO entry. (though one might observer, both of those at least qualify as democracies, where as Turkey...)
Posted by Procopius2k 2022-06-09 07:13||   2022-06-09 07:13|| Front Page Top

#10 Yes, the ruble is the best performing currency in the world this year. It's all about commodities and Biden's hyperinflation.

The Kuwaiti Dinar is also strong but anyone who ignored all the lies and bullshit of the Biden Administration and bought rubles when Pudd'nhead called it "rubble" would be a very wealthy man now.

CBS MONEYWATCH
Russia's ruble is the strongest currency in the world this year
UPDATED ON: MAY 27, 2022 / 7:39 AM / MONEYWATCH
Posted by Oil Derek 2022-06-09 09:00||   2022-06-09 09:00|| Front Page Top

#11 "Best performing" -- fastest growing? That's not the same as "strongest". Growing from 1 to 2 is a doubling, but it's still a pipsqueak compared to something that went from 100 to 101, or even 100 to 95.
Posted by Rob Crawford 2022-06-09 09:02||   2022-06-09 09:02|| Front Page Top

#12 ^ Rob Crawford thinks "CBS" is the successor to the FSB. In his mind he's right
Posted by Alistaire Unaish6610 2022-06-09 09:03||   2022-06-09 09:03|| Front Page Top

#13 Yuan-ruble trade boom a wakeup call for Biden

Yuan-ruble trade volumes have surged 1,067% since the Ukraine war, putting new pressure on the dollar’s reserve currency status
Posted by Alistaire Unaish6610 2022-06-09 09:12||   2022-06-09 09:12|| Front Page Top

#14 "Best performing?" An insurance agent (Note that insurance 'agents' don't have the same fiduciary duties as a stock broker...) tried to sell me a 'Retirement Package' based on a "high performing International portfolio" when I saw the block of Venezuelan stocks (circa Hugo Chavez). I could only giggle internally and with a straight face I declined.

...the Venezuelan stocks were showing an impressive return under Hugo Chavez too. What an 'opportunity' I missed out on. Maybe there are some stocks in the nation formally know as Turkey that I could invest in... just kidding.
Posted by magpie 2022-06-09 09:16||   2022-06-09 09:16|| Front Page Top

#15 ^ probably bought Netflix stock this year ... probably a big Cathie Wood fan LOL
Posted by Alistaire Unaish6610 2022-06-09 09:23||   2022-06-09 09:23|| Front Page Top

#16 Notice when they talk the ruble stuff they sort of ignore where it all places.
Posted by Procopius2k 2022-06-09 09:26||   2022-06-09 09:26|| Front Page Top

#17 In sales, when you sell the "sizzle" not the steak, its because of the quality of the product has been inferior over the long term. When you sell fundamentals, you focus on solid quality, not recent performance. Compare and contrast our visiting car salesmen.
Posted by NoMoreBS 2022-06-09 11:50||   2022-06-09 11:50|| Front Page Top

#18 There are three US states with higher GDPs than all of Russia. Just by driving around the local bypass I can visit three states that come within 20%. And two of those states are Kentucky and Indiana.

"Strongest currency" indeed.
Posted by Rob Crawford 2022-06-09 13:53||   2022-06-09 13:53|| Front Page Top

#19 What's behind this move?
"A short, victorious war."

Turkiye might be in a position to reap the benefits in the mid-short term but the Turk people are sure as hell not.
Between the unchecked graft, crony deals and pure self destructive and unlimited greed of the local Neo-Nobility, the Turk economy and people's ability to buy necessities has been wiped out.
Unless something happens before the end of the summer to distract and help the current ruling group, there may not be an Erdogan family, come the year's end.
Posted by Nomad 2022-06-09 18:48||   2022-06-09 18:48|| Front Page Top

#20 there may not be an Erdogan family, come the year's end.

I call dibs on the curly-toed slippers.
Posted by SteveS 2022-06-09 21:11||   2022-06-09 21:11|| Front Page Top

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