Our ability to tackle problems
Turkey is facing many problems regarding terrorism, its economy and its foreign policy. Under all these main chapters, there are a series of several issues.
When Fitch downgraded Turkey's rating, Deputy Prime Minister Mehmet Şimşek quoted Greek philosopher Epictetus in a tweet and said via Twitter: "It's not what happens to you, but how you react to it that matters - Epictetus."
I have never read Epictetus and did not know about this quote, but from now on, I will never forget it.
We really do have issues, but it is more important whether or not we are able to solve them. This applies to personal problems as well as the country's problems.
Do we develop rational, solution-oriented concepts, behaviors and planning when facing such problems? Or do we make the problem even more difficult with sentimental reactions?
Even in a very monetary and numeric field like the economy, we are constantly emphasizing the "confidence" factor. This mentality issue is what matters the most.
Because Şimşek knows this very well, he did not accuse Moody's and Fitch, but he had warned us.
Since 2002, during the rule of the Justice and Development Party (AKP), a total of $600 billion has come into Turkey, which is a very good figure. The institutions were functioning very well - the ones that were formed with the 2001 reforms. The AKP government was implementing the reforms, and the EU process in particular was advancing rapidly. The management of the economy was also trusted.
International rating agencies were upgrading Turkey's points declaring it "an investable country."
As certain government spokesmen have frequently resorted to in the past years, if there was a global conspiracy against Turkey and that these...
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