Istanbul Armenian MP: China developed 3 times more in 10 years and passed Turkey

[beijingwalker]

Istanbul Armenian MP: China developed 3 times more in 10 years and passed Turkey
09:36, 22.03.2019
Region:World News, Turkey

Garo Paylan, Istanbul Armenian MP from Turkey’s opposition pro-Kurdish People’s Democratic Party (HDP), made a post on Twitter about the country’s economy.

“In the case when the annual average income per capita in China was 3,407 [US] dollars in 2008, today it is 9,865 dollars,” Paylan wrote. “In the case when the annual average per capita income in Turkey was 10,938 dollars in 2008, today it is 9,630 dollars.

“The Chinese have passed us [Turkey], too.

“From where to where!”

https://news.am/eng/news/502604.html

 

[Nein]

We dont need to hear this dudes two cent opinion.

He is also a useless politicians and helps the pkk bastards while whining that he is Armenian

 

[beijingwalker]

If they don't get rid of that mad Endogan guy, in next 5-10 years Turkey's per capita GDP might go down to 5000 dollars and being overtaken by Indians.

 

[jamal18]

If they don't get rid of that mad Endogan guy, in next 5-10 years Turkey's per capita GDP might go down to 5000 dollars and being overtaken by Indians.

It is Erdogan who engineered Turkey's economic boom.

 

[Raphael]

We dont need to hear this dudes two cent opinion.

He is also a useless politicians and helps the pkk bastards while whining that he is Armenian

He is just posting facts, such as the fact that Chinese GDP per capita just surpassed that of Turkey, because for the past decade, Turkey has been focusing on a pro-terrorism and pro-ISIS foreign policy and neglecting economic development.

 

[UKBengali]

If they don't get rid of that mad Endogan guy, in next 5-10 years Turkey's per capita GDP might go down to 5000 dollars and being overtaken by Indians.

Dude...


PPP is a better indicator of living standards:

https://www.imf.org/external/pubs/f...&pr1.x=60&pr1.y=12&c=924,186&s=PPPPC&grp=0&a=

Currency fluctuation is normal and in time it will readjust.

Turkey is doing just fine.

 

[beijingwalker]

Dude...


PPP is a better indicator of living standards:

https://www.imf.org/external/pubs/ft/weo/2018/02/weodata/weorept.aspx?sy=2008&ey=2018&scsm=1&ssd=1&sort=country&ds=.&br=1&pr1.x=60&pr1.y=12&c=924,186&s=PPPPC&grp=0&a=

View attachment 548433

Currency fluctuation is normal and in time it will readjust.

Turkey is doing just fine.

In PPP China has long passed US and stays as the world number one economy for years, do you believe now China is world number one economy by a big margin? Doesn't feel like it. Almost all countries still believe US the biggest and China the second biggest.

 

[Beast]

In PPP China has long passed US and stays as the world number one economy for years, do you believe now China is world number one economy by a big margin? Doesn't feel like it. Almost all countries still believe US the biggest and China the second biggest.

They are selective on data to serve their agenda. Some just cant accept China ever better everyday and wants to live in denial mode.

 

[Raphael]

Dude...

PPP is a better indicator of living standards:

https://www.imf.org/external/pubs/ft/weo/2018/02/weodata/weorept.aspx?sy=2008&ey=2018&scsm=1&ssd=1&sort=country&ds=.&br=1&pr1.x=60&pr1.y=12&c=924,186&s=PPPPC&grp=0&a=

View attachment 548433

Currency fluctuation is normal and in time it will readjust.

Turkey is doing just fine.

More importantly though, nominal gdp per capital is a better measure of development and productivity. Nominal gdp per capita determines whether a country is classified as a high-, middle- or low-income country. A decade ago, Turkey seemed poised to escape the 'middle income trap' and ascend the ranks of the high income countries. Now that's gone up in flames.

What went wrong? A decade of neglect for economic development. And in its place, a diversion of all political and economic energy towards supporting dubious "Islamic" causes around the world, especially those connected with terrorism and extremism, most egregiously in Syria.

 

[Beast]

More importantly though, nominal gdp per capital is a better measure of development and productivity. Nominal gdp per capita determines whether a country is classified as a high-, middle- or low-income country. A decade ago, Turkey seemed poised to escape the 'middle income trap' and ascend the ranks of the high income countries. Now that's gone up in flames.

What went wrong? A decade of neglect for economic development. And in its place, a diversion of all political and economic energy towards supporting dubious "Islamic" causes around the world, especially those connected with terrorism and extremism, most egregiously in Syria.

The biggest threat to turkey is blind nationalism as display by some members here.

Cant start bragging when time is not even ripe yet. Thinking they are better than US and start poking into everybody business. Its does not take a genuis to known Turkey is declining due to self shooting policy.

 

[UKBengali]

In PPP China has long passed US and stays as the world number one economy for years, do you believe now China is world number one economy by a big margin? Doesn't feel like it. Almost all countries still believe US the biggest and China the second biggest.

Yes, China is the richest country in the world when price adjustments are factored in.

Turkey is just going through a phase where it's currency is massively devalued compared to it's actual living standards. This has happened before with the likes of South Korea.

If you look at it's military tech, it is doing just fine as it has sold corvettes and attack helicopters to Pakistan and tanks to Qatar. That is a very good indication that it's economy is quite healthy.

 

[beijingwalker]

Yes, China is the richest country in the world when price adjustments are factored in.

If you look at it's military tech, it is doing just fine as it has sold corvettes and attack helicopters to Pakistan and tanks to Qatar. That is a very good indication that it's economy is quite healthy

Thank you but we are not, US is still the biggest economy in the world, we Chinese can't deny common sense. Military is never a good indicator for a country's economy, otherwise nuclear armed North Korea can be a better country than Germany and Japan and dont forget what broke the once all powerful USSR.

 

[UKBengali]

Thank you but we are not, US is still the biggest economy in the world, we Chinese can't deny common sense. Military is never a good indicator for a country's economy, otherwise nuclear armed North Korea can be a better country than Germany and Japan and dont forget what broke the once all powerful USSR.

No need to be modest.

China is the richest country in the world in terms of GDP when adjusted for price levels. US still has far higher accumulated wealth though than China.

N Korea is not a good example as it's military tech is pretty low. Both Pakistan and Qatar only buy top of the line weapons these days and they have both given ringing endorsements to Turkish military technology.

Unlike USSR, Turkey is producing cutting-edge tech by only spending 2% of GDP on defence - USSR was at around 12-14% of GDP.

 

[LKJ86]

If you look at it's military tech, it is doing just fine as it has sold corvettes and attack helicopters to Pakistan and tanks to Qatar. That is a very good indication that it's economy is quite healthy.

Really?
Turkey basically does the reassembly works by using key components from Europe and USA, just like gunship, tank, corvette, and so on.

 

[Beast]

Yes, China is the richest country in the world when price adjustments are factored in.

Turkey is just going through a phase where it's currency is massively devalued compared to it's actual living standards. This has happened before with the likes of South Korea.

If you look at it's military tech, it is doing just fine as it has sold corvettes and attack helicopters to Pakistan and tanks to Qatar. That is a very good indication that it's economy is quite healthy.

LOL.. Selling military hardware is a good indication is sign of good economy? I guess Russian must be doing very well for its economy?

Turkey to qatar and pakistan military deal is more of politics rather than based on merit of the hardware. And the amount is hardly worth mentioning.