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laptech

macrumors 68040
Apr 26, 2013
3,573
3,968
Earth
Maybe Apple do not want shop stock to be low because as part of the buying process to get new stock into the country Apple may have to pay in Turkish lira (transport costs, custom costs, that sort of thing) which means converting dollars to lira is bad right now and due to the value of the currency dropping, Apple would lose money in getting new stock in but if they stop people buying their products and wait for the currency value to rise again, Apple will not lose money in restocking their stores.
 

ponzicoinbro

Suspended
Aug 5, 2021
1,081
2,085
The Inflation is now around 400% percent, the crash is coming soon!
The central banks are creating money out of thin air, and now we are at the end game of this monetary system.
its expected to be the biggest economic crash of all time
That’s literally what authoritarian dictators and Nazis are saying because they want to cause panic and destroy societies.

Are you sure those are the colors you want to wear?
 
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spartan1967

macrumors 6502a
Nov 9, 2019
590
876
Thinking about those Turks standing in line in that economic environment makes my scouring of the T-Mobile bill for that credit they promised me seem so trivial. :(
 

G4DPII

macrumors 6502
Jun 8, 2015
401
544
This just shows Tim Cook and the Apple he now controls are nothing but a bunch of money grabbing a*******s. They turn a blind eye too all the **** and human rights violations but a drop in profits is the cut off point.
 
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shanson27

macrumors 68020
Nov 27, 2011
2,197
20,610
@tubular
You know.... he laughs best that laughs last !

what goes up must come down. The US economy will collapse soon
Kurs für DOW J abfragen.png
 
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laptech

macrumors 68040
Apr 26, 2013
3,573
3,968
Earth
This just shows Tim Cook and the Apple he now controls are nothing but a bunch of money grabbing a*******s. They turn a blind eye too all the **** and human rights violations but a drop in profits is the cut off point.
Unfortunately that is how the world works. Many in this world take no notice of ethics or morals of legality until they are hit financially THEN you will see them react.
 

I7guy

macrumors Nehalem
Nov 30, 2013
34,222
23,962
Gotta be in it to win it
This just shows Tim Cook and the Apple he now controls are nothing but a bunch of money grabbing a*******s. They turn a blind eye too all the **** and human rights violations but a drop in profits is the cut off point.
Bashing apple makes for great headlines and fun discourse and witty repartee, but the above really is far from the truth.
 
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tubular

macrumors 65816
Oct 19, 2011
1,291
3,109
@tubular
You know.... he laughs best that laughs last !

what goes up must come down. The US economy will collapse soon
I’m almost sixty, and I’ve yet to live through a day that someone somewhere isn’t predicting the immanent collapse of the US economy. The sky is always falling, the sky is falling, every day, yet somehow the sky never actually does.

The difference between you and I is that I don’t consider economics one of the dramatic arts.
 

ponzicoinbro

Suspended
Aug 5, 2021
1,081
2,085
I’m almost sixty, and I’ve yet to live through a day that someone somewhere isn’t predicting the immanent collapse of the US economy. The sky is always falling, the sky is falling, every day, yet somehow the sky never actually does.

The difference between you and I is that I don’t consider economics one of the dramatic arts.

I do worry about the religious fanatics in US politics who have been bribed with crypto and brainwashed with fascistic gold bug mentality who will get in the way of the debt ceiling next month and if they hold the presidency again their will be even more ridiculously clown like, hostile and toxic than last time. The worst virus is religious conservatism and nobody quite seems to have learned that lesson from their terrible 2000 year record.
 

shanson27

macrumors 68020
Nov 27, 2011
2,197
20,610
I’m almost sixty, and I’ve yet to live through a day that someone somewhere isn’t predicting the immanent collapse of the US economy. The sky is always falling, the sky is falling, every day, yet somehow the sky never actually does.

But it’s great for those who consider economics one of the dramatic arts.
The central bank’s are creating money out of thin air. 100$ are about 4cents
I’m almost sixty, and I’ve yet to live through a day that someone somewhere isn’t predicting the immanent collapse of the US economy. The sky is always falling, the sky is falling, every day, yet somehow the sky never actually does.

The difference between you and I is that I don’t consider economics one of the dramatic arts.
Game over !
 

ericwn

macrumors G4
Apr 24, 2016
11,827
10,409
I do worry about the religious fanatics in US politics who have been bribed with crypto and brainwashed with fascistic gold bug mentality who will get in the way of the debt ceiling next month and if they hold the presidency again their will be even more ridiculously clown like, hostile and toxic than last time. The worst virus is religious conservatism and nobody quite seems to have learned that lesson from their terrible 2000 year record.

Drifting slightly off topic but very entertaining. Do tell us more about that fascistic gold bug mentality and how that comes to play at the topic at hand.
 

Morgenland

macrumors 65816
May 28, 2009
1,476
2,204
Europe
im buying 3 MacBooks in USA and flying to turkey. Will trade them for gold
Many in Turkey earn the minimum wage of about 2800 liras a month ($233).
Tourism as an important source of income has almost come to a standstill due to COVID.
And an ideological populist governs the country according to his strictly personal feelings and replaces every "normal" thinking employee with a loyal one. Almost all currency reserves have now been used up. I feel sorry for the Turkish people. On the other hand, they have elected their Boris themselves...

Apple had to pull the emergency brake, Turkey is broken and freefall.
I know the country and the people through numerous visits. It is a tragedy how 1 man sullies his people.
And yes, you are right, many Turks have gold reserves at home. But that is often their nest egg and only for psychological self-soothing.

Sorry for you, they will not sell your MacBooks.
They will not rob you either, for they are an honorable people, but you will offend them with your 'funny' idea.
 
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ponzicoinbro

Suspended
Aug 5, 2021
1,081
2,085
Drifting slightly off topic but very entertaining. Do tell us more about that fascistic gold bug mentality and how that comes to play at the topic at hand.

Next month the debt ceiling has to be raised to keep government open and prevent the US defaulting. Far right Republicans who believe in 17th century economic theories and creationism are threatening to block this.
 

ericwn

macrumors G4
Apr 24, 2016
11,827
10,409
Next month the debt ceiling has to be raised to keep government open and prevent the US defaulting. Far right Republicans who believe in 17th century economic theories and creationism are threatening to block this.

And which outcome do you seek in order to revert the situation in Turkey?
 

tubular

macrumors 65816
Oct 19, 2011
1,291
3,109
Game over !
Okay okay I’m okay but that’s what the people say they say okay but that’s okay with the people that you say about what the heck they say is okay and it’s okay but I think it’s a

That’s actually just the middle button of my iPhone text entry, but it’s giving me better economic advice than you are.
 
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avz

macrumors 68000
Oct 7, 2018
1,772
1,856
Stalingrad, Russia
I’m almost sixty, and I’ve yet to live through a day that someone somewhere isn’t predicting the immanent collapse of the US economy. The sky is always falling, the sky is falling, every day, yet somehow the sky never actually does.

The difference between you and I is that I don’t consider economics one of the dramatic arts.
Being positive is everything. You can even say that the Roman Empire still exists in some shape or form.
 

rainafterthesun

macrumors 6502a
Jun 23, 2010
859
1,103
"...although the exact reason for the in-store sales halt is unclear."

a few paragraphs later

"Apple stopped the sale of products in Turkey yesterday following a historic economic collapse which resulted in the Turkish lira dropping 15%. At the time of writing, a Turkish lira is equivalent to approximately 0.082 U.S. dollars. We've reached out to Apple for a statement"

I think the reason is pretty clear. Apple stopped sales after the currency crashed because the Lira is now useless and they sell expensive products.
Anyone who says they’ll sell em anyways clearly has never ran a successful (re: sitting on a huge pile of cash in the Bs with positive cash flow).
 

tubular

macrumors 65816
Oct 19, 2011
1,291
3,109
Being positive is everything. You can even say that the Roman Empire still exists in some shape or form.
Not about being positive. Just about not being addicted to economic disaster porn.

And about knowing a thing or two about what an idiotic toad the Turkish dictator Erdogan is, and how there are about zero implications of the Turkish meltdown for the US economy.
 
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