Monday, August 13, 2018
Best title 0.5
Things worth doing and how to do ... HALF of them.
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For a national government, the THINGS WORTH DOING are:
Serve the interests of your own people. Defend them from invaders.
Erdogan is frustrating. He does a magnificent job of DEFENDING his people from Sorosian invaders. He has jailed and removed more Sorosians than all the other God-side leaders combined.
But he fails utterly on the other half of THINGS WORTH DOING, the economic side. He had a chance to do the right thing by allowing interest rates to go up. Removing price controls is ALWAYS the right thing, and in this particular case even the economists were recommending a rate rise. He blew it by ordering his central bank to do the SOROSIAN THING, holding rates down.
Eliminating savings and boosting loans is the economic BLACK HEART of Sorosism and Goldmanism. Infinite debt and zero savings is the standard and imperative operating mode of demonic economies. Eliminate all investment in production, eliminate all self-defense by small business and individuals. Total blackmail by banks, total abstraction and counterfeiting by Goldman.
The god-side economies are low in debt and high in savings, and allow rates to move more or less naturally to keep this bias. Erdogan had the chance to apply this rule but chose the Soros side in economics.
I would love to sympathize with him for his powerful defense action, but I can't sympathize with his self-destructive stupidity on the econ side.
Labels: Nonzero problems, Sorosia, things worth doing, Turkey
¶ 8:48 AM
