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The Grand Turk
NYT: Exodus of brains, talents, wealth from Turkey due to Erdogan’s policies
2019-01-05
[ENGLISH.ALARABIYA.NET] A report by published The New York Times

...which still proudly displays Walter Duranty's Pulitzer prize...
 on January 3 has highlighted the anguish of the Ottoman Turkish people who are leaving the country in large numbers due to President Sultan Recep Tayyip Erdogan the First
... Turkey's version of Mohammed Morsi but they voted him back in so they deserve him. It's a sin, a shame, and a felony to insult the president of Turkey...
’s policies, especially after the failed 2016 coup.

According to the report, for 17 years, Erdogan won elections by offering voters a vision of restoring the glories of The Sick Man of Europe Turkey
...the only place on the face of the earth that misses the Ottoman Empire....
’s Ottoman past, but after the 2016 he embarked on a sweeping crackdown.

Also the deteriorating economy, which has led to the Ottoman Turkish currency plunging, has made Turks take a different approach by leaving the country in droves and taking talent and capital with them, in a way that indicates a broad and alarming loss of confidence in Erdogan’s vision, according to government statistics and analysts.

More than a quarter of a million Turks emigrated in 2017, according to the Ottoman Turkish Institute of Statistics, an increase of 42 percent over 2016, when nearly 178,000 citizens left the country.

At least 12,000 of Turkey’s millionaires ‐ around 12 percent of the country’s wealthy class ‐ moved their assets out of the country in 2016 and 2017, according to the Global Wealth Migration Review, an annual report produced by AfrAsia Bank.
Posted by:Fred

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