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Lira collapses as Erdogan tells Turks: They have 'their dollars,' we have 'our god'
CNBC ^ | August 10, 2018 | David Reid

Posted on 08/10/2018 8:49:31 AM PDT by C19fan

The Turkish lira has collapsed to an all-time low against the dollar, but the country's leader has brushed aside concerns, telling Turks "we have our God." The Turkish President Recep Erdogan then followed those comments up Friday by urging Turks to sell dollars and gold and buy lira.

At around 8:00 a.m. ET Friday, the lira had fallen to $7.081, an almost 11 percent loss for the session. It has since pared some losses. As recently as April one dollar bought about four Turkish lira.

(Excerpt) Read more at cnbc.com ...


TOPICS: Business/Economy; Extended News; News/Current Events
KEYWORDS: allah; erdogan; europeanunion; islam; kurdistan; lira; muslims; muslimworld; nato; receperdogan; receptayyiperdogan; satan; turkey; turkish; turkishlira
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If you ever wanted to visit Turkey now is the time if one does not mind the potential terrorist attacks.
1 posted on 08/10/2018 8:49:31 AM PDT by C19fan
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To: C19fan

As much as I don’t intend this to be blasphemy God doesn’t pay the bills.


2 posted on 08/10/2018 8:51:03 AM PDT by PittsburghAfterDark (The American media: We do what the Soviet media did without the guns to our head.)
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To: C19fan

Turkey WAS Fabulous!! Too bad it went ISLAMIST!


3 posted on 08/10/2018 8:51:25 AM PDT by Ann Archy (Abortion....... The HUMAN Sacrifice to the god of Convenience.)
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To: C19fan

The Muslims call their god = Allah ( aka: Satan ) who never had a son.


4 posted on 08/10/2018 8:53:43 AM PDT by george76 (Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
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To: C19fan

How much longer will the US maintain the fiction that Turkey is a key NATO ally or that NATO really enhances the security of the American people.


5 posted on 08/10/2018 8:56:02 AM PDT by allendale (.)
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To: C19fan
"We have our god"


6 posted on 08/10/2018 8:57:51 AM PDT by varyouga
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To: Ann Archy

Erdogan is wearing out his welcome in Turkey.


7 posted on 08/10/2018 8:58:18 AM PDT by RinaseaofDs
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To: Ann Archy

Except for a few decades lately, has it not been MUZZY for centuries?

I want the HY YA SOFIA back as a CHURCH !!


8 posted on 08/10/2018 9:00:49 AM PDT by litehaus (A memory toooo long.............)
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To: C19fan

Sell dollars and gold and buy Turkish lies.

Ya, go for it.


9 posted on 08/10/2018 9:00:56 AM PDT by VeniVidiVici (All Democrats have to offer is violence, intolerance, divisiveness and hatred.)
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To: C19fan

When currencies collapse, vultures with few dollars of hard currency descend and pick the carcass of anything of value. The French will be outraged because the Saudis will buy much cheaper Turkish wheat rather than French grain to feed themselves and Egypt. Anyone with a little real cash can buy whatever Turkey has on the cheap.


10 posted on 08/10/2018 9:01:33 AM PDT by allendale (.)
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To: allendale

In my 53 years of life...The French have always been difficult and a silly bunch of people.


11 posted on 08/10/2018 9:04:37 AM PDT by chasio649 (Donald Trump is not the president we need, he is the president SJWs deserve)
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To: VeniVidiVici

I beleive the Islamic dictators popularity is about to fall.


12 posted on 08/10/2018 9:05:25 AM PDT by the_daug
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To: C19fan

I count some Turks among my friends. Unfortunately what Ergodan said DOES resonate with Turks. They are willing to bear almost any burden or battle, so long as they see it as “us against them”. Nationalistic pride is massive in Turkey, but used to be strictly secular. The big fear is that Erdogan has successfully merged that pride into an Islamofascist mode.


13 posted on 08/10/2018 9:06:16 AM PDT by montag813
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To: allendale
the Saudis will buy much cheaper Turkish wheat

If the Turkish economy really collapses, the Saudis will be there buying Turkish women for their harems.

14 posted on 08/10/2018 9:06:32 AM PDT by PapaBear3625 ("It rubs the rainbow on it's skin or it gets the diversity again!")
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To: varyouga

Yeah...they have their Daddy too...feel the squeeze you POS!


15 posted on 08/10/2018 9:06:37 AM PDT by gr8eman (Since God has been banished from our classrooms, Satan has filled the void.)
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To: C19fan

When will this trickle down to cans of stuffed grape leaves in the grocery store?


16 posted on 08/10/2018 9:08:55 AM PDT by Rebelbase (Heaven has a wall and strict immigration policy. Hell has open borders--seen on a tee shirt)
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To: george76

THE ‘Son’...had an army of 12....

Mo Ham med killed that many by the day/hour minute????


17 posted on 08/10/2018 9:12:31 AM PDT by litehaus (A memory toooo long.............)
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To: litehaus

Yes, of course, but Attaturk made sure that it has separation of Mosque and State!! NOT ANYMORE!


18 posted on 08/10/2018 9:18:06 AM PDT by Ann Archy (Abortion....... The HUMAN Sacrifice to the god of Convenience.)
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To: VeniVidiVici

Chelsea Clinton’s husband will jump right on that opportunity.


19 posted on 08/10/2018 9:22:35 AM PDT by OLDCU
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To: montag813

100 years since the Turkish war of independence and the collapse of the Ottoman Empire.

They will likely dig in out of pride.


20 posted on 08/10/2018 9:31:17 AM PDT by VanDeKoik
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