What's new

Why Erdogan's big Turkish ambitions could come tumbling down

Yankee-stani

ELITE MEMBER
Aug 22, 2018
8,100
1
12,218
Country
Pakistan
Location
United States
The crater is the size of a football pitch, dug 50 metres (165ft) deep into the earth. Mounds of rock line the surface. The only life here is the seagulls drinking from pools of stagnant water.

It was supposed to be the site of Istanbul's gleaming new development: a grandiose mix of apartments, malls and spas in the district of Fikirtepe.

The promotional video from 2010 showed a symbol of Turkey's newfound wealth.

INTERACTIVEFikirtepe: Expectations and reality
Fikirtepe in 2019
fikiterpe_2_xken9.jpg

Artist's render
fikiterpe_1_4lbje.jpg


The houses of at least 15,000 people were demolished to make way for it. Many paid deposits to buy into the project.

But as financial problems hit, investors pulled out – and most of the planned buildings never materialised.

All that's left is a gaping hole of bankrupt companies and broken promises.

It is symptomatic of a wider economic slump that poses the gravest threat to Recep Tayyip Erdogan in his 16 years in power.

Polls before this weekend's local elections suggest his governing AK Party could lose control of the capital, Ankara – and perhaps even Istanbul.

'I feel hatred towards him'
Zeynep Duzgunoldu, aged 60, welled up with tears as she pointed to where her old home used to stand beside a fresh fig tree.


ADVERTISEMENT
23fdc742-2b59-4c74-9319-49e9849bf037

BBC
The government is ruthless. They promise to pay our rents - and then forget about us after elections. We're cheated"
Zeynep Duzgunoldu
"People used to call it 'the house with the beautiful kitchen'", she said, her voice cracking. "Now my rucksack is my home. I'm ashamed to ask my children for money."

Firdevs Uluocak's house is on the edge of the failed construction site and was destabilised by the digging.

There's one target for her anger: Turkey's builder-in-chief, President Erdogan.

_106200772_screenshot2019-03-27at13.36.11.jpg

Image captionFirdevs Uluocak feels personal anger towards the president
"I feel hatred towards him", she said. "I always voted for him - but he's ruined his people."

Over the past 16 years, Mr Erdogan has championed construction as the engine of Turkey's growth.

His so-called "mega projects" - from airports to bridges to tunnels - have transformed the country's infrastructure.

And high-rise housing developments have changed city skylines, often to the horror of architects.

_106203624_gettyimages-1055049864.jpg
Image copyrightGETTY IMAGES
Image captionOne of President Erdogan's recent successes was the opening of Istanbul's new airport in October 2018
Construction moguls close to the president have won state tenders through political support.

The industry is mired in claims of corruption and cronyism.

But with inflation now at 20% and the Turkish lira having plunged by around a third, the cost of importing raw materials and servicing foreign loans has soared - and construction companies are failing.

Pana Yapi, the conglomerate running the Fikirtepe project, told the BBC "the whole country is going through an economic crisis", arguing that it too is a victim.

Cranes suspended in mid-air and half-built skyscrapers that now dot Istanbul are a sign of that crisis.

Turkey entered recession last year, shrinking 3% in the final quarter. Many fear there is worse to come.

"Turkey is heavily dependent on foreign-denominated debt and when that's harder to service, that's when you see the problems we're in", said Can Selcuki, general manager at Istanbul Economics Research.

_106200708_img_44902.jpg

Image captionEconomist Can Selcuki thinks Turkey needs an injection of foreign capital
"We could be on the brink of a major crash. We need high sums of foreign cash", he said, "and the most likely address for that is the International Monetary Fund".

President Erdogan has argued vociferously against an IMF loan, which would come with stringent conditions.

"But the cost of not finding the capital," argued Mr Selcuki, "might be increased bankruptcies and a downward spiral."

Could slump bring down Erdogan?
The economic downturn has prompted the president to turn the argument towards other issues.

He has shown the video of the New Zealand mosque attack in rallies to galvanise his conservative, pious voters, whom he needs to turn out.

As a quick fix for the cost of food – which has soared by a third – the government has bought up vegetables from farmers. It sells them directly to consumers in public stalls, bypassing the middle-men who have inflated prices and whom the president labels "food terrorists".

At one of these stalls in the Istanbul district of Aksaray, lines were long as people waited to buy tomatoes, aubergines and spinach at half the price of supermarkets.

_106200706_img_2936.jpg

Image captionVegetable stalls like this are seen by some as an electoral ploy
"The queues aren't a sign of poverty but of opportunity," said shopper Omer Cakirca, lauding the project. "Everywhere is like this. If there is something on sale, everyone will go there."

But Esref Korkmaz disagrees: "I bought cucumbers and tomatoes today - but this is just an investment for the elections," he said. "They won't remain after April. I voted for the AKP before but not again because the economic situation is bad. I'll hold my nose and back the opposition this time."

The economy propelled Recep Tayyip Erdogan to power.

It could now be his undoing.
 
The crater is the size of a football pitch, dug 50 metres (165ft) deep into the earth. Mounds of rock line the surface. The only life here is the seagulls drinking from pools of stagnant water.

It was supposed to be the site of Istanbul's gleaming new development: a grandiose mix of apartments, malls and spas in the district of Fikirtepe.

The promotional video from 2010 showed a symbol of Turkey's newfound wealth.

INTERACTIVEFikirtepe: Expectations and reality
Fikirtepe in 2019
fikiterpe_2_xken9.jpg

Artist's render
fikiterpe_1_4lbje.jpg


The houses of at least 15,000 people were demolished to make way for it. Many paid deposits to buy into the project.

But as financial problems hit, investors pulled out – and most of the planned buildings never materialised.

All that's left is a gaping hole of bankrupt companies and broken promises.

It is symptomatic of a wider economic slump that poses the gravest threat to Recep Tayyip Erdogan in his 16 years in power.

Polls before this weekend's local elections suggest his governing AK Party could lose control of the capital, Ankara – and perhaps even Istanbul.

'I feel hatred towards him'
Zeynep Duzgunoldu, aged 60, welled up with tears as she pointed to where her old home used to stand beside a fresh fig tree.


ADVERTISEMENT
23fdc742-2b59-4c74-9319-49e9849bf037

BBC
The government is ruthless. They promise to pay our rents - and then forget about us after elections. We're cheated"
Zeynep Duzgunoldu
"People used to call it 'the house with the beautiful kitchen'", she said, her voice cracking. "Now my rucksack is my home. I'm ashamed to ask my children for money."

Firdevs Uluocak's house is on the edge of the failed construction site and was destabilised by the digging.

There's one target for her anger: Turkey's builder-in-chief, President Erdogan.

_106200772_screenshot2019-03-27at13.36.11.jpg

Image captionFirdevs Uluocak feels personal anger towards the president
"I feel hatred towards him", she said. "I always voted for him - but he's ruined his people."

Over the past 16 years, Mr Erdogan has championed construction as the engine of Turkey's growth.

His so-called "mega projects" - from airports to bridges to tunnels - have transformed the country's infrastructure.

And high-rise housing developments have changed city skylines, often to the horror of architects.

_106203624_gettyimages-1055049864.jpg
Image copyrightGETTY IMAGES
Image captionOne of President Erdogan's recent successes was the opening of Istanbul's new airport in October 2018
Construction moguls close to the president have won state tenders through political support.

The industry is mired in claims of corruption and cronyism.

But with inflation now at 20% and the Turkish lira having plunged by around a third, the cost of importing raw materials and servicing foreign loans has soared - and construction companies are failing.

Pana Yapi, the conglomerate running the Fikirtepe project, told the BBC "the whole country is going through an economic crisis", arguing that it too is a victim.

Cranes suspended in mid-air and half-built skyscrapers that now dot Istanbul are a sign of that crisis.

Turkey entered recession last year, shrinking 3% in the final quarter. Many fear there is worse to come.

"Turkey is heavily dependent on foreign-denominated debt and when that's harder to service, that's when you see the problems we're in", said Can Selcuki, general manager at Istanbul Economics Research.

_106200708_img_44902.jpg

Image captionEconomist Can Selcuki thinks Turkey needs an injection of foreign capital
"We could be on the brink of a major crash. We need high sums of foreign cash", he said, "and the most likely address for that is the International Monetary Fund".

President Erdogan has argued vociferously against an IMF loan, which would come with stringent conditions.

"But the cost of not finding the capital," argued Mr Selcuki, "might be increased bankruptcies and a downward spiral."

Could slump bring down Erdogan?
The economic downturn has prompted the president to turn the argument towards other issues.

He has shown the video of the New Zealand mosque attack in rallies to galvanise his conservative, pious voters, whom he needs to turn out.

As a quick fix for the cost of food – which has soared by a third – the government has bought up vegetables from farmers. It sells them directly to consumers in public stalls, bypassing the middle-men who have inflated prices and whom the president labels "food terrorists".

At one of these stalls in the Istanbul district of Aksaray, lines were long as people waited to buy tomatoes, aubergines and spinach at half the price of supermarkets.

_106200706_img_2936.jpg

Image captionVegetable stalls like this are seen by some as an electoral ploy
"The queues aren't a sign of poverty but of opportunity," said shopper Omer Cakirca, lauding the project. "Everywhere is like this. If there is something on sale, everyone will go there."

But Esref Korkmaz disagrees: "I bought cucumbers and tomatoes today - but this is just an investment for the elections," he said. "They won't remain after April. I voted for the AKP before but not again because the economic situation is bad. I'll hold my nose and back the opposition this time."

The economy propelled Recep Tayyip Erdogan to power.

It could now be his undoing.

I think their airport is a similar, irrational investment which involves a lot of nepotism and corruption.

When foreign politics and economy become so politicized and populist, then, decisions become irrational.

Some say the new Istanbul Airport can prove to be a huge (expensive) swimming pool.
 
I think their airport is a similar, irrational investment which involves a lot of nepotism and corruption.

When foreign politics and economy become so politicized and populist, then, decisions become irrational.

Some say the new Istanbul Airport can prove to be a huge (expensive) swimming pool.

How's the deal with trump going. How's the Chinese trolls' goal of dividing up resistance to trump and zionism going?
 
Turkey needs new leadership really.

Tayyip has already overstayed his use by date.

Turkey needs somebody who is pragmatic, young, God fearing and puts his country first by being rational.

A lot of the political parties in Turkey including CHP are useless.

Turkey needs a refreshed start.
 
Turkey has low debt, yet has currency problems to stop Erdogan...

Turkey is a 'target of economic war', Erdogan says

Humeyra Pamuk
5 Min Read

ISTANBUL (Reuters) - President Tayyip Erdogan denied on Saturday that Turkey is in a currency crisis, dismissing a plunge in the lira as ‘fluctuations’ which have nothing to do with economic fundamentals.

https://www.reuters.com/article/us-turkey-currency-erdogan-idUSKBN1KW08U
 
I love the way the author has used a metaphor of a failed building site to reflect the political situation of a country. A bit unfair, but nonetheless a great way to communicate an idea.
 
How's the deal with trump going. How's the Chinese trolls' goal of dividing up resistance to trump and zionism going?

We do not see the trade war as a Zionist plot.

We perceive it as a natural spasms of a frightened and less confident major power.

It is just in the nature of things. Because China and US are exact opposites of each other in every metrics.

For instance, power transition in East Asia (one from Japan to China) took place very peacefully -- just as Britain-US power transition.

God fearing and puts his country first by being rational.

So, President Erdogan is not God fearing enough? He is an open Islamist. A very deep one.

I guess a step further from his politics would come close to Taliban regime.

I love the way the author has used a metaphor of a failed building site to reflect the political situation of a country. A bit unfair, but nonetheless a great way to communicate an idea.

Indeed. Western media is very good at it.

They manipulate people's ideas through images selected carefully. The image may not reflect the whole story. Maybe the site is bustling with workers, but somehow the photographer chose a specific time in which there was a hard rain and all the work was suspended.

Western media neo-fascist tactics are a Nazi legacy.
 
We do not see the trade war as a Zionist plot.

We perceive it as a natural spasms of a frightened and less confident major power.

It is just in the nature of things. Because China and US are exact opposites of each other in every metrics.

For instance, power transition in East Asia (one from Japan to China) took place very peacefully -- just as Britain-US power transition.



So, President Erdogan is not God fearing enough? He is an open Islamist. A very deep one.

I guess a step further from his politics would come close to Taliban regime.



Indeed. Western media is very good at it.

They manipulate people's ideas through images selected carefully. The image may not reflect the whole story. Maybe the site is bustling with workers, but somehow the photographer chose a specific time in which there was a hard rain and all the work was suspended.

Western media neo-fascist tactics are a Nazi legacy.

A God fearing man would not allow corruption also placing his own family members in top positions of power
 
Indeed. Western media is very good at it.

They manipulate people's ideas through images selected carefully. The image may not reflect the whole story. Maybe the site is bustling with workers, but somehow the photographer chose a specific time in which there was a hard rain and all the work was suspended.

Western media neo-fascist tactics are a Nazi legacy.

man you hate the west more than alqeida
 
ISTANBUL (Reuters) - President Tayyip Erdogan denied on Saturday that Turkey is in a currency crisis, dismissing a plunge in the lira as ‘fluctuations’ which have nothing to do with economic fundamentals.

https://www.reuters.com/article/us-turkey-currency-erdogan-idUSKBN1KW08U

That may be true. But, he is not helping at all to make the situation better. Rather, he is further dividing his own people into camps, labeling at least half of the country as potential traitors.

That's not the way you would resist an external enemy.

Turkish president needs to be consistent. He was closely aligned with the US during the height of the Syrian crisis. Right or wrong, this has alienated a lot of major powers, including Russia.

Now, when you want to fight an economic resistance war against the US, you need a strong, united home front. And you need external friends.

But, the Turkish president is so inexperienced and emotional/ideological in foreign policy. He simply cannot manage it. He runs it as if he is running a small district. At times it seems he does not care at all about his own country, but rather only his own close circles.
 
man you hate the west more than alqeida

No, I just try de-construct the West to understand their advantages in discourse making.

Hate is emotional, not scientific.

A God fearing man would not allow corruption also placing his own family members in top positions of power

Then, I think, rather than calling it "God fearing," it is better to call it "law abiding" -- secular laws.

Because, law is real, written and enforced. But, on the other hand, the idea of "God fearing" may just be a rhetoric.

What are independent variables of "God Fearing?" Going to mosque? Using religious words often in speeches.

These can hardly prove that a person is inherently good.
 
Last edited:
We do not see the trade war as a Zionist plot.

That is b/c Beijing is in bed with the zionists, have been for decades. Clintons are pawns of zionists. When the Soviet Union was zionist and genocidal, China was with the Soviet Union, when it supported the Palestinians for decades, Russia and China also split during that time.

Just b/c China is removed from the zionist threat because Turkey and others hold the zionists at bay, does not mean it is ok to try to cripple Turkish efforts to support Maduro, support Palestinians, support native Crimeans, and support other Caucasians persecuted by genociders like Putin.
 

Users Who Are Viewing This Thread (Total: 1, Members: 0, Guests: 1)


Back
Top Bottom