Human Rights Watch Warns of 'Authoritarian Drift' in Turkey

[Admiral Yi]

Ed Anger's Bourse is also probably up 760%.

I don't get it. 

[Zanza]

The Istanbul Bourse is up 760% since Erdogan took office.

The number of incarcerated journalists and opposition politicians is probably up even more.

[The Minsky Moment]

The Istanbul Bourse is up 760% since Erdogan took office.

Real or nominal?

[Admiral Yi]

Real or nominal?

Surely nominal.

[Zanza]

12th March 2003, you would get 1,647,003 Turkish Lira per US dollar. They renominated in 2005, 1,000,000:1, so these days this would be 1.64 TRY to the USD. The current rate is about 3.58, so the TRY is now worth about 45.8% as much compared to the dollar. Multiply that with the 760% gain and you have about 350% gain.

[Zoupa]

Why is that pertinent Yi? I don't get it.

[Valmy]

I am not even sure how that compares to other stockmarkets over the same period.

[Admiral Yi]

Why is that pertinent Yi? I don't get it.

It's from an Economist article about the ambiguous relationship between democracy and investment.  I thought it was a fun factoid.

[Malicious Intent]

Erdogan's next target:  The vile terrorists at Wikipedia.

http://www.bbc.com/news/world-europe-39754909

[CountDeMoney]

But wait, there's more!

Dating shows are out and oh, by the way, 4,000 government employees[/b]

The worse thing about all this isn't what it's doing to Turkey, it's the ideas it's giving to Trump.

[Ed Anger]

Should the thread be retitled something along the lines of "One party rule in Turkey" ?

Fast and the Furious: Authoritarian Drift

Wasted with this group of cretins and dullards. WASTED!

[Admiral Yi]

boo fucking hoo

[Ed Anger]

boo fucking hoo

You'll miss me when I'm dead.

[Admiral Yi]

You'll miss me when I'm dead.

I'll print out your joke and read it again whenever i do.

[CountDeMoney]

Locking up all those pilots just drops the chance of getting to watch them strafe the deck at 800 feet on CNN again.