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Apple stopped sales in Turkey after the lira crashed 15% in a day

reuters.com

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Re: Apple stopped sales in Turkey after the lira crashed 15% in a day

#221

Post by rg111 »

CoastalCoder wrote: post #77
eterm wrote: post #69

Earlier quoted context omitted.

It's very odd to write CCCP in an otherwise english paragraph in latin alphabet. YOu would be better understood to write USSR or better just write Soviet Union. (For those unfamiliar, CCCP is SSSR in cyrillic alphabet).

I grew up in the US in the 1970s and 1980s. We usually used the term "USSR", but I think most of us recognized "CCCP" as the Russian equivalent.

Yes, I am very familiar with the name CCCP because of the space stuff.

All their propaganda posters featuring rockets would contain those letters.

Re: Apple stopped sales in Turkey after the lira crashed 15% in a day

#222

Post by JanisL »

ClumsyPilot wrote: post #201
JanisL wrote: post #107

Earlier quoted context omitted.

In the modern world we primarily have banking systems that are based on fractional reserve banking and currencies without any explicit backing. This means that from a forex point of view the currencies are only worth as much as there is confidence in them. (National currencies often derive power in a practical sense due to taxes having to be paid in those currencies even without any explicit backing of the currencies…

"fractional reserve banking" It's a good post, you are correct in that we have a floating exchange rate, but we haven't had fractional reserve banking for decades. https://www.bankofengland.co.uk/-/media/boe/files/quarterly-...

I'm aware that capital requirements have mostly taken over from reserve requirements over time (in such a way that the banking system is even less sound than the average person assumes), but the point I was making is that in all these these systems there will be liquidity issues if all the depositors were to try to withdraw their money to spend it on something at the same time.

Re: Apple stopped sales in Turkey after the lira crashed 15% in a day

#223

Post by Dylan16807 »

colechristensen wrote: post #116
harpiaharpyja wrote: post #74

Earlier quoted context omitted.

If you stop to think about it yes it is pretty odd, but enough people do this that I don't have to think twice when I see it. You'd definitely wouldn't see it in formal writing, but informally it's not uncommon. A quirk of cross-cultural transmission maybe?

I think it's more often subtle morality/superiority signaling by calling an entity by a different name. Think Republicans referring to the "Democrat party" instead of the "Democratic" or people using "CCP" instead of "China".

If I use CCP instead of China it's not to signal morality/superiority myself, it's to fend off people that are going to get all fussy and misinterpret and declare themselves moral/superior.

Re: Apple stopped sales in Turkey after the lira crashed 15% in a day

#224

Post by colechristensen »

Dylan16807 wrote: post #223
colechristensen wrote: post #116

Earlier quoted context omitted.

I think it's more often subtle morality/superiority signaling by calling an entity by a different name. Think Republicans referring to the "Democrat party" instead of the "Democratic" or people using "CCP" instead of "China".

If I use CCP instead of China it's not to signal morality/superiority myself, it's to fend off people that are going to get all fussy and misinterpret and declare themselves moral/superior.

Sometimes accepting the premise of people you're trying to disagree with ends up reinforcing their position.

Re: Apple stopped sales in Turkey after the lira crashed 15% in a day

#226

Post by aloknnikhil »

Rexxar wrote: post #202
weird-eye-issue wrote: post #101

Earlier quoted context omitted.

Sorry I'm a bit confused. Isn't that a good thing you bought stuff when the TL was worth more?

Are people so used that everybody complain on everything that positive comments cannot be understood anymore ?

Well I was confused too. And for exactly the same reason as the other commenter. For a minute I assumed they were in the US buying furniture and equipment from Turkey and they were complaining about not waiting enough to get a better deal.

Re: Apple stopped sales in Turkey after the lira crashed 15% in a day

#227

Post by laurencerowe »

mrtksn wrote: post #198
HWR_14 wrote: post #196

Earlier quoted context omitted.

* What the West was supposed to do? Invade Turkey? * Apply economic and political pressure. Threaten their standing in NATO? Stall their admission to the EU?

They did all that but Turkey is also a powerful country and important ally. EU can stall Turkey's admission in the EU and they did that however they also need Turkey to tackle the refugee crisis, Russia and other issues. EU got to the brink of collapse with 1 million Syrian refugees, Turkey is hosting 5 million of them. EU and Erdogan got a deal, EU turns blind eye to some of Erdogan's stuff and Erdogan takes back al…

> EU got to the brink of collapse with 1 million Syrian refugees

That's overblown. Support for the EU is the highest for a decade and close to all time highs. Brexit seems to be proving something of a cautionary lesson.

https://www.pewresearch.org/global/2020/11/17/majorities-in-...

https://europa.eu/eurobarometer/surveys/detail/2532

Re: Apple stopped sales in Turkey after the lira crashed 15% in a day

#228

Post by Dylan16807 »

colechristensen wrote: post #224
Dylan16807 wrote: post #223

Earlier quoted context omitted.

If I use CCP instead of China it's not to signal morality/superiority myself, it's to fend off people that are going to get all fussy and misinterpret and declare themselves moral/superior.

Sometimes accepting the premise of people you're trying to disagree with ends up reinforcing their position.

I'm okay accepting the premise that 'China' is ambiguous sometimes.

Re: Apple stopped sales in Turkey after the lira crashed 15% in a day

#229

Post by mrtksn »

laurencerowe wrote: post #227
mrtksn wrote: post #198

Earlier quoted context omitted.

They did all that but Turkey is also a powerful country and important ally. EU can stall Turkey's admission in the EU and they did that however they also need Turkey to tackle the refugee crisis, Russia and other issues. EU got to the brink of collapse with 1 million Syrian refugees, Turkey is hosting 5 million of them. EU and Erdogan got a deal, EU turns blind eye to some of Erdogan's stuff and Erdogan takes back al…

> EU got to the brink of collapse with 1 million Syrian refugees That's overblown. Support for the EU is the highest for a decade and close to all time highs. Brexit seems to be proving something of a cautionary lesson. https://www.pewresearch.org/global/2020/11/17/majorities-in-... https://europa.eu/eurobarometer/surveys/detail/2532

Now the support is strong, it wasn’t as strong in 2016 when refugees were marching in Europe and EU’s proposed solution for the refugees was to distribute them evenly to all states.

EU managed to sign(actually, re negotiate the one signed in 2013 that Turkey no longer wanted) a send back deal with Turkey, now it’s all good.

Re: Apple stopped sales in Turkey after the lira crashed 15% in a day

#230

Post by fivea »

mrtksn wrote: post #198
HWR_14 wrote: post #196

Earlier quoted context omitted.

* What the West was supposed to do? Invade Turkey? * Apply economic and political pressure. Threaten their standing in NATO? Stall their admission to the EU?

They did all that but Turkey is also a powerful country and important ally. EU can stall Turkey's admission in the EU and they did that however they also need Turkey to tackle the refugee crisis, Russia and other issues. EU got to the brink of collapse with 1 million Syrian refugees, Turkey is hosting 5 million of them. EU and Erdogan got a deal, EU turns blind eye to some of Erdogan's stuff and Erdogan takes back al…

> EU got to the brink of collapse with 1 million Syrian refugees (...)

That's quite the extraordinary claim. Can you offer any extraordinary evidence that supports your claim? Because from what I've gathered, it barely holds any bearing with reality.

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