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Andrew Anglin
Daily Stormer
August 13, 2018
Turkish President Erdogan is the archetypal cold, calculated opportunist.
He will work with the US, Merkel, Israel, ISIS, Saudi, Assad, NATO, Iran, Russia – whoever. Over his career, he’s basically been both enemies and allies with everyone on the planet (other than the Kurds… never the Kurds).
It was fascinating to watch – because he was actually successful in continually moving around his alliances in order to benefit himself.
But it looks as though Trump may have stumped him.
RT:
The value of the Turkish lira has halved this year against the US dollar. The freefall has been exacerbated by latest US threat to double tariffs on Turkish steel and aluminum. But there are other factors weighing down the lira.
On Monday, the currency dropped to a historic low of 7.2 lira against the dollar before recovering slightly to 6.8 against the greenback. Turkey’s Istanbul 100 stock market hit its lowest level in dollar terms since March 2009.
Relations between the US and Turkey have deteriorated since the failed military coup against Turkish President Recep Tayyip Erdogan in 2016. Erdogan accuses Washington of protecting coup plotters. The US began applying economic pressure after the detention of American pastor Andrew Brunson in Turkey, accused by Ankara of aiding the failed military coup.
The coup was almost certainly a false flag by Erdogan to secure domestic power.
The entire thing was ridiculous.
Brunson, a US citizen, and Turkish resident for over two decades, was arrested in Turkey on charges of terrorism and espionage. He is facing up to 35 years behind bars if found guilty.
Investors in lira are also concerned about Turkey’s internal monetary policy. President Erdogan has been criticized for interfering in the central bank’s monetary policy by reportedly not allowing the regulator to hike the interest rate to prevent the lira’s collapse.
Additionally, Turkey has a vast amount of debt denominated in US dollars. So, when the lira falls, the debt becomes more expensive. The country has a debt in dollars and other foreign currencies accounting for a half of its gross domestic product.
Trump doesn’t give a shit about this alleged pastor. He was knowingly breaking the law in a foreign country, thus he’s really no different than someone caught with drugs in Asia. And he most likely is some kind of spy.
This is just being used as a pretext to collapse Turkey’s economy. Because Trump knows that Erdogan is marketing himself domestically as this big bad figure who won’t bend to foreign pressure, and thus cannot release this guy because of US demands.
Turkey is a member fo NATO (which is insane), and Trump is attempting to collapse NATO. Getting Turkey to spin completely out of control will demonstrate the absolute absurdity of the NATO project. Right now, the NATO welfare queens of Europe have to defend the honor of Turkey, as their entire scam of funneling money from the US taxpayer to fund their anti-Russian war-machine is based on the portrayal of NATO as a stable entity.
The way NATO is structured, any attack on any member is considered an attack on every member, meaning if any of these countries becomes involved in a conflict, the US is obligated to come and fight a war for them. Turkey going rogue as a member of this insane organization would prove that the entire NATO idea is both dumb and stupid.
And what is Turkey doing in response to this economic collapse?
Well, they’re courting the only power left on the globe – China.
They are effectively being forced to sell their entire country to China.
As the Jew economist David Goldman writes for Asia Times:
The last time the Turkish lira blew up back in 2001, the country went to the International Monetary Fund for a loan and accepted strict austerity conditions in return for the bailout. Erdogan is unlikely to do so. In a rambling speech to supporters [Friday], he said that Turkey was exploring alternatives with China, Russia, and Iran. Earlier in the week, Erdogan said that Turkey would issue so-called panda bonds in China’s local-currency market.
That’s just the door prize, judging from commentary on China’s English-language television channel CGTN. The Chinese broadcaster quoted Turkish economist Emre Alkin: “Stability for the Turkish Lira will come from cooperation with valuable countries like China. It’s impossible for the Central Bank to do something alone, resources are needed. If this resource will come from China, then it will come from China, but the important thing is to make use of this resource. It is clear we need the wisdom, the ideas and the suggestions of countries like China.”
Turkey will have to sell some of the state’s most important assets. With the Turkish lira trading at 6.26 to the dollar, the whole of the Istanbul 100 equity index is worth just US$35 billion. If Chinese investors were to buy every share of every company on the stock index, Turkey would raise enough foreign exchange to cover just seven months of its current account deficit. Turkey will have to sell a great deal more than its publicly traded companies to raise the money it requires, and it will also have to tighten its belt drastically.
Altay Atli, a Turkish economist and past contributor to Asia Times, told the Chinese television station that Turkey will offer China more partnerships in its ports and other transportation infrastructure. China’s state-owned shipping company COSCO Pacific already owns 65% of Turkey’s third largest port. Atli said, “I believe Turkey and China could also expand their partnerships in Turkey’s other ports, in the Mediterranean Sea, in the Aegean Sea, and at the Black Sea. And a critical move is not just to combine these ports with railway projects and extend the lines, but to create a logistical network.”
China has the opportunity to undertake the Sinification of Turkey at low cost. China’s largest telecom equipment company Huawei already is working on 5G Internet with Turk Telecom, in a deal covering cloud computing, the Internet of Things and – most importantly – public security. Alibaba, China’s answer to Amazon and Google, invested earlier this year in Turkey’s e-commerce platform Trendyol.
The combination of mobile broadband, rail and sea logistics, e-commerce and e-finance will absorb Turkey into the greater Chinese economy. Not long from now containers of Chinese-made parts will arrive by rail in Anatolia for assembly into finished products to be sold in Europe and the Middle East.
Russia might get in on the big selloff as well. It doesn’t matter if it is China or Russia – these are the two powers that NATO is ostensibly organized to fight against. So having them own the entire infrastructure of a country that is a member of NATO – well, that doesn’t make very much sense, does it?
Trump already demonstrated that he is very willing to exploit economic relationships between NATO countries and NATO’s ostensible enemies to point out the absurdity of the organization when he confronted Angela Merkel on the fact that we are paying her billions to protect her from Russia while she is paying Russia billions for gas.
So collapsing Turkey’s economy and forcing them into the arms of China and/or Russia is an absolutely brilliant strategic move, which will ultimately be used to prove the absurdity of the concept of NATO in the modern world.
Looks Like Collapsing NATO is Back on the Menu, Boys
NATO is big chunk of a system of globalist systems tying the US to the rapidly degrading nations of Western Europe, and pitting the US against Russia in a fight that has absolutely nothing to do with our people, our economy or our nation as a whole.
I have asserted that Trump is planning to exit NATO and thus collapse the organization, in the same way that he is currently collapsing the globalist “free trade” order. This Turkey maneuver is a perfect play to that end.
The reality is that Russia – not the EU – is the natural ally of the United States. We are the two most powerful nations on earth, and we share the values of maintaining a European identity against the forces of globalism.
Ever since Putin assumed power, Russia has fought against integration into the globalist order. Although the US was initially the foundation of this order, Trump’s agenda – which he ran and won on – was to abolish this order to the end of the preserving the United States as an independent nation.
This was the precise message of his final campaign ad, released 48 hours before voting started in 2016 (attacked as anti-Semitic), and I believe that this remains his goal – what he seeks as his legacy.
As such, Trump’s long-term strategy should be – and I believe is – to bring our two nations – America and Russia – together in an alliance against the globalist order, which is now politically centered in Berlin and Brussels (though still financially centered in New York).
Right now, he is setting up for a pull-out of NATO in his second term. And undermining Turkey’s role in the organization in a major step in the right direction.
