Heavy stock market crash in the Gulf

[Agha Sher]

Even if those markets dropped 100% of their value in some alternative universe (forgetting that the entire world economy is crashing - the GCC being one of the best prepared economies for such a trash), the GCC would still have an economy 3 times larger than Turkey

Let me correct you for a moment, as numbers clearly confuse you.

In nominal terms, Turkey's economy is $750 billion while the GCC is $1.6 trillion. Hence, GCC is only 2.1 times larger.

In PPP terms, Turkey's economy is $2.4 trillion while the GCC is $3.7 trillion. Hence, GCC is only 1.5 times larger.

Now stop comparing a "region" to a single country. Also, if you subtract the oil wealth from your economy, the GDP of the GCC will be equal to the market price of the camels you have. Nothing more.

 

[ArabianEmpires&Caliphates]

What are you going on about?
The news paper article is stating facts not propaganda. Show us where they are deceiving us, if not shut up and crawl back in your hole in the desert.

Nobody cares about Erdogan mouthpieces or Arabized Anatoli worshippers that crawled out of their mud house in the jungle like you.

Arabized ****

 

[Rogue1]

We are Muslim populations not Arabized populations. Thank you very much.

 

[ArabianEmpires&Caliphates]

Let me correct you for a moment, as numbers clearly confuse you.

In nominal terms, Turkey's economy is $750 billion while the GCC is $1.6 trillion. Hence, GCC is only 2.1 times larger.

In PPP terms, Turkey's economy is $2.4 trillion while the GCC is $3.7 trillion. Hence, GCC is only 1.5 times larger.

Now stop comparing a "region" to a single country. Also, if you subtract the oil wealth from your economy, the GDP of the GCC will be equal to the market price of the camels you have. Nothing more.

The GCC has a GDP (nominal) that is 3 times larger than the entire Turkish economy. With much bigger prospects for growth given the population growth, youth population, lack of taxation (one of the main income sources for most economies of the world), economic prognosis etc.

Let us not even talk about GDP per capita nor HDI index. There is no comparison.

It is a single country de facto and will become a single country in the future as well as it was for millennia and that is just the beginning with Yemen and others joining in the future.

The non-oil/gas wealth of the GCC is larger than the entire Turkish economy as well, my Arabized Afghan. You better worry about overtaking Yemen than trying to act like a Turk while you have no connections to Turkey and while the average Turk looks down upon your likes.

We are Muslim populations not Arabized populations. Thank you very much.

Whatever you say to make your fell better about the ground realities.

 

[Rogue1]

Nobody cares about Erdogan mouthpieces or Arabized Anatoli worshippers that crawled out of their mud house in the jungle like you.

Arabized ****

You are the remnants of the Jahiliyya, or some revival.

 

[Agha Sher]

We are Muslim populations not Arabized populations. Thank you very much.

Ignore him, brother. He is a small and racist human being, taking pride in the works of people who would absolutely disgust him and the venom coming out of his tongue.

Indeed a sad human being.

 

[bsruzm]

 

[Oublious]

Pagan Arab is crying....

The 1.6 trillion dollar money lost his value by 1/3 because oil.

 

[FuturePAF]

i am confused what should we keep as savings these days dollars or any currency or gold ?

Some cash on hand in case the banks close up, some gold and silver as barter currency, and long shelf life food just in case you need to survive the next year at home.

guns and ammo if you live in a place where that is legal and you fear someone trying to attack you in a SHTF situation

The way preppers do it.

 

[bsruzm]

most Arabs don't give a **** about small irrelevant states (for us Arabs).

Turkish tank on GCC soil, is that a boner or a barrel?:

 

[Timur]

We have a rich bastard here!

depend on the point of view.. I am not rich it depends on your lifestyle you can go out and spend your money for nothing:

eat outside for yourself or eat at home (4 euros for a kebab every 3 days makes 40euros in a month yeah + the money for your drinks)
eat outside with your wife and children (20 - 40euros if you do it every week you would pay up to 160 euro)
buy cheap or expensive stuff (do you really need that wellensteyn jacket for 300-400 euros?)
wait and buy stuff if they get cheaper: electronics wich they couldnt sell off will mostly be 50-75% cheaper sometimes they sell basmati rice 30% off price because its a bigger packet and they dont want to have it in stock, you can buy shoes or clothes for your children when its cheaper (up to 75%) just buy it even its too big they will grow.. just watch out and wait..
you can smoke a packet of cigarettes a day (5 euros makes 150 euroes a month or 8 silver coins this would mean 96 silver coins a year so you could save 3 kg silver a year or about one ounce of gold a year) for me those cigarette ppl are idiots.. spending so much money for smoke..
you can buy a good watch for yourself , a playstation and every month a game for 50 euros, good parfume and so on
or like germans a good audiosystem, a state of the art TV and computer.. but for what?
you can go and do much more and visit far away countries.. your money is wasted..

or you leave it and spend it for your children and for some gold and silver (the gold may go to your child one day).. and you try to buy a house or else without ribba..

by the way I dont get it why ppl want to go and eat outside.. the food at home is 5 times better than food you can buy outsides.. also these trips to egypt or else.. I dont need such unnessary things turkey is enough and offers much more for me.. still I do not need a hotel

if I see pictures of other countries I would also say these ppl dont need to go elsewhere they have a beautiful country use that and keep the money in your country..

in short I just talked about using what you have wisely..

I can give you a more better advice: my nephew spend his money for anything he likes.. going to turkey as much as he wants to, buying new jackets for 200-500 euroes if he gets it in his head, he buys himself new watches. he eats everyday outside but his mother is a good cook! he also drives 100km for a shisha bar or to eat kebab with his friends.. so in the end he lived like this 10 years and I said to him 10 years earlier dont waste your money keep it.. he would have now 50k euroes even 75k or 100k but the reality is worse he has some depts.. but he "lived his life"

I have a friend in my company I told him and told him not to waste his money.. in the end he listened and now he is buying a house in his homeland.. thats how you do it or you life for today and have nothing int he end..

 

[Agha Sher]

Your Arabized likes are too irrelevant for me to "hate" yet alone "dislike" your lot. What I am more amused by is the Arab obsession that Arabized people like you suffer from.

Thinking that desert (KSA's entire mountainous area is 1.5 times the size of your entire perpetually failed country and former Arab colony named Afghanistan) is some kind of "insult" or camel, while you have Afghans today who rely on those camels for their livelihood.

https://en.wikipedia.org/wiki/Kochi_people

Yet barks about racism and hatred himself. PDF.

Why not mention the world famous Arabian horse? Or the Arabian tiger? Just repeating what your White conquerors have been calling you? Talk about inferiority complexes at full display. Maybe this explains your likes (the two of you) "acting more Turk than the Turks" behavior as well.

If I did not have a life, like the Arabized Anatoli thread starter, I would be doing nothing but post negative news about the crippling Turkish economy, worthless lira, massive influx of immigrants, Erdogan's constant political blunders, EU fiasco, F-35 fiasco, Syria fiasco, sharing a border with PKK, a future Kurdistan and what not. Believe me, there is plenty of ammunition, but you see, most Arabs don't give a **** about small irrelevant states (for us Arabs).

What matters for us is the US/China and to a small degree Russia outside of the Arab world proper.

You got a ban heading towards you almost as fast as your oil economy is collapsing.

 

[ArabianEmpires&Caliphates]

Turkish tank on GCC soil, is that a boner or a barrel?:

That tiny JOINT Qatari-Turkish base can be leveled within seconds by KSA alone. Qatari relationship is indirectly a bonus as they own a lot of Turkish assets, have access to almost all of your critical tech and with it being just a question of time before the current Emir returns (he has no option long-term as Qatar cannot survive on its own) within the full fold of the GCC.

And lastly that base is completely irrelevant, Qatar is fully part of the GCC military command and structure (joint military exercises, intelligence sharing etc. continues) and while we speak about bases, Qatar is already hosting the largest US base in the region (CENTCOM), lol, so even if half of the world started building bases in Qatar, everyone is well aware who calls the shoots.

But I will let you live in your illusions. Reminds me of the Syria, Iraq, Egypt, Tunisia, Morocco, Libya and Sudan fiascos.

What is left is tiny Qatar, so I understand your obsession about that irrelevant small joint base.

You got a ban heading towards you almost as fast as your oil economy is collapsing.

Let me throw a lollipop to you to suck on so you can feel a bit better my Arabized Afghan. The importance of oil for KSA is decreasing by each day, the current budget was barely 50% oil based (petrochemical sector is the word here given that KSA has the largest petrochemical sector in the world) and that song has been playing for 50 + years by now.

You better worry about reaching war-torn Yemen and trying to do catch up with most of the Sub-Saharan countries.

No go pray towards Makkah, pray in Arabic and to Arabic figures while being a good boy. Maybe that will cure your Arab obsession. Either that or help save your perpetually failing country from the White man and his local loyal servants.

 

[Timur]

massive influx of immigrants

what are you brabbling again: arab immigrants! the ones the mighty arabs dont want to take care of.. children and woman the pride of a nation.. wich rich gulf arabs dont want to look after.. and the miserable erdogan takes them in his country and looks after them and than these gulf arabs are disrespectfull and call names.. what humiliation.. I would not speak if arabs would have to watch out for my children and wife! I would be such in shame.. but at least I would not be disrespectfull and ungrateful.. but hey different countries different cultures different behavior huh?

 

[bsruzm]

have access to almost all of your critical tech

Name me those, you seem to know lol

But I will let you live in your illusions.

I did post a solid fact (boner), not some long wishful thinking such as yours