What I tried to say at that topic was not about economy. Problem here is a bit different. Current bad economy is only result of bad decisions taken previously and economy was not that bad until start of 2020s. But what will happen was clear to ones who want to see. This collapse was obvious, only problem was we could not tell situation to supporters of current government here, we warned them but they did not care, so we could not avoid this. Now even supporters of current government now care because buying power of their wage is 50% reduced in last 2 years.
You know Turkey changed into a not democratic country in last 20 years slowly, of course we were not a good sample of a democratic country 20 years before too but things were a bit better at least we had better freedom in media and justice, governments were changing if things go bad. You can see our bad current score in different studies (
https://freedomhouse.org/countries/freedom-world/scores).
What I tried to say at that topic 8-9 months ago was these changes in our country effected us badly. Our engineers / doctors which are expert at their areas are moving EU zone and USA every day, because there is better systems there. They care their families and their future. This of course reduces the quality of products we produce. Also second effect is while we are working we always also think about / follow how things go in politics, everyday new bad decisions are taken. This is not normal. We should think about different hobbies books arts music movies etc. Not politics everyday. We follow news read things, think about what we can do to save our country, these also reduces our work efficiency. At least this was true for me, maybe some workers do not effected from this that bad, maybe some do not care much. But I was always concerned about change at my country and their bad results. I tried to avoid this somehow but you know we are all only one person and things a person can do is limited in that kind of big problems. I remember before 2017 election I walked hundreds of kilometers to post some informative stickers to warn people even in work hours, that election is lost 51.5% vs 48.5% unfortunately. If you do something here visible you can end up in a jail also even it is low probability.
Of course these are not excuses for slow development we had, I just try to tell you situation.
About economic results of current situation, our money Turkish Liras lost 50% of its value aganist gold / euro / $ average in last 1-2 years. Turkish people was holding 60% of thier bank investments in Turkish Liras (TRY) 2-3 years ago now this ratio is 37% and this ratio consequently reduces. It is big risk holding any investment in Turkish Liras because in one month it can lose 20% of its value so I do not think company or anyone in company hold money in Turkish Liras because current interest ratio is only 16% / year while inflation is about 40% (according to government inflation is 21% but nobody believes their numbers, free works show this ratio is about 40%). So I do not think this economical collapse effects company badly because they pay workers in Turkish Liras but they earn in Euros / $. Also I think companies like Taleworlds consequently increases wages of developers (as TRYs) when TRY lost value because otherwise they lose their workers to foreign compaines. My brother is also working in another gaming company in Turkey (they develop mobile games) and his wages also increased several times in last 1 year. So these companies try to save buying power of their developers. I do not think workers of Taleworlds effected badly from this collapse but people's morale is not good of course, because you know things are going bad but you cannot avoid it before happen because media always make propaganda (they get very profitable business offers from government so both sides (governement & media) win, also some media is directly owned by governement).
So what will happen? There will be elections in 2023 or early elections in 2022 (50% - 50% imo). If opposition can win aganist Erdogan I think things will be better after that. Turkey can involve into a democratic country again because I believe our potential is enough for that, people are more educated than other similar not democratic countries / also god thank we do not have oil so we need to create technology / business to stay stable.
Opposition's current support is 60% aganist Erdogan's 40% (2-3 years ago it was 50% - 50%) but they are divided into different parties (CHP 25%, IYIP 15%, HDP 12%, DEVA 5% others 3%). I hope they come together and win. You can also see change of Erdogan's acceptance until October/2021 in this graph (
) orange : support, navy : not support. Of course there is also a risk during elections can happen big freuds if Erdogan understands he will lose (which is not happened in Turkish history before, only small 1-2%s are effected maybe but Erdogan can try this first time in history) but there are too many opposition supporters here and there will be organisations to prevent it so we will do whatever needed to stop freuds. People care voting too much here and average attandance to elections are 85% very high compared to USA/EU elections, maybe because you are in low risk and do not care politics much but results of elections effect us much. So next one year will be so dense and critical here. If we can success there will a change to better and there will be better products produced in Turkish companies included gaming industry in future. Otherwise I cannot advice you to buy Turkish products. I believe we can success this but still risks are too high. I will wait until change of government to create my own business also. I do not want to help current government somehow even it is very small. Next elections are so critical, the most important in our history. If we cannot success Turkey will go worse and hopes will be collapsed and more and more educated people left here.
I hope these explanations helps you understand situation a bit. Have a good day all.
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