As a Turk, should I take out loans and buy gold? I can borrow at a monthly interest rate of 4%, while annual inflation is around 50%. Would that be a smart financial decision?
>4%too obvious
Just buy stablecoins. Euro stablecoins.
>>62535779Should have been dumping your savings into USD 5 years ago, could start now
why is roachcoin collapsing?
>>62535849Dunno but my shorts are a payback for Constantinople
>>62535779I do this as an American. Too many stories of guys losing everything they have to divorce, medical bills, and just unforeseen financial events. If you currency goes to zero or someone sues you then you will wish you had assets.
>>62535779>Sold nearly $26 billion in goldIs this why it's dumping?
>>62535779>sold gold>to defend the currencybruh
>>62536075Their government also thinks low interest rates will lead to lower inflation, lmao. It's a circus over there
>>62535983Yes. Russia is doing the same thing. I think China and Poland are slurping the most this year.
>>62535849Would YOU want to do business with Turks? Fucks sake, even their ice cream men jerk you around.
>>62535779Its a turkish thing>going down faster then you can say erdogan
>>62535779>buy goldYes. And silver>>62535795Fag
>>62535779First of all, explain to me at what point wanting to take Vienna is a good idea.
>>62535779I remember when 1 lira was like 0.95 BGN. The fuck you guys doing?
>>62535779Is this why every shop and restaurant wants me to pay in Euro instead of Lira?
I thank the heavens every day that turkiyeish people keep voting for that watermelon seller over some halfway competent CHP candidate
>>62535792Kebab stands in space!
solution is to create a new lira backed by work, and convert old lira to new lira, the catch is the new lira is issued by everyone, gov still collects taxes but gov cant print. the purpose to all of this -> x.com/mass_energy_r_t
>>62539549This is antisemtic
>>62535779Does your income increase more than 50% per year?
>>62535779A smart financial decision would be for Edofag to stop playing sultan and go kiss the wall. This wouldn't be happening if you weren't trying to compete with Israel for power in the region. Turds already had that power and did absolutely nothing with a land mass spanning three continents anyway. So get on your brown knees, take the prepp and go kiss that wall faggots.
>>62539584Fuck off moshe.
>>62535779dont be a retard türkbro, you NEVER invest with borrowed assets, one weird political event and you are fucked for life, dont do it, only gamble with what you can afford to lose and in hand
>>62540268but Kiyosaki told me rich only invest with debt
>>62540268If inflation is expected to be higher than the borrowing rate, wouldn't it make sense to take out a loan in lira, concert to euro, then wait a year or two, then convert half your euro back to lira to pay it back. And you'd still have a bunch of euros left.
>>62540268Especially in countries where stupid political events are not so rare.>>62540291That's why he has to milk random people and make them get indebted on the spot to to pay tens of k to him for education arbitrage. Ofc he wants to help them, and a billionaire like him with so much debt therefore money wouldn't need to charge what's pennies for him in return for his help; it's just a symbolic token of gratitude.
erdogan thought selling the gold would make the turkish lira stronger?he must be making fun of his roach population at this pointanyway i have to go to the bulgarian unemployment office
>>62535779When you have allowed your nation and it's leadership to become a third world dicatorslop run by a gangser cartel infested with muslim fundementalism gold is not going to do much for you either. I doubt a lump of gold saved a nigger in thecongo in 1966 from seeing is grandchildren become aids cannibals for the local village warlord either.
>>62540544>anyway i have to go to the bulgarian unemployment officeAh a Russian speaker.
>>62535779I don't understand how the watermelon seller fucked up this badly, turkey receives a ton of tourism and has a bunch of industries like car assemblies for euro car companies, textiles, refining, as well as lots of for export agriculture, if they had not been fucking with the currency it'd probably be worth a lot, but now nobody wants to touch it and they keep their savings in foreign currency, pushing it down even more
>>62536349pr*testant animals had weakened the position of the habsburgs to the point where it was feasible, and they had encouraged ottoman aggression throughout the 30 years war, iirc frederick of the palatinate wanted them to keep all of austria
>>62535779yapma moruk
>>62536160uh oh meltyit’s just a running gagTake it with humorSecond largest military by the way
Turkey seems like a well run country compared to any western shithole. No homeless or druggies, women aren't fat miserable skanks, people seem normal and happy . The government doesn't trans your kids. Food is affordable. Best sandwich I ever had. Dürümle sauced chicken $5
>>62540921>Second largest military by the wayThat's like a woman saying her clit is the second largest penis in the room.
>>62540956you paid 4€ for rat meat?
>>62541022yeahNEVER eat roach food NEVER get anything somehow been made in roachland>wash your hand after touching a roach