• About
  • Contact
  • Give
Newsletter
NOQ Report - Conservative Christian News, Opinions, and Quotes
Monday, January 30, 2023
  • Home
    • About
    • Give
  • News
  • Opinions
  • Quotes
  • Around the Web
  • Videos
  • Podcasts
No Result
View All Result
  • Home
    • About
    • Give
  • News
  • Opinions
  • Quotes
  • Around the Web
  • Videos
  • Podcasts
No Result
View All Result
NOQ Report - Conservative Christian News, Opinions, and Quotes
No Result
View All Result

Tariffs on Turkey: Bad for the economy but damaging to a dangerous dictator

by JD Rucker
August 10, 2018
in News

NOQ Report Is Moving to AmericaFirstReport.com

Say what you will about President Trump’s foreign and economic policies. Whether you support them or not, it’s hard to deny that they’ve made things much more interesting.
The latest move by the President to impose stiff tariffs on Turkish steel and aluminum may seem in line with how he’s been treating the national and world economies recently, but more is at stake with this move than previous ones.
There are two factors at play that make this move different from previous tariffs. First, it is not purely economic but is a response to Turkey continuing to hold pastor Andrew Brunson for allegedly supporting the coup attempt of 2016. Second, the tariffs come at a time when Turkey’s currency, the lira, is in free fall.
It was already starting to show signs of failure when leaders from both countries pushed it even further down. Turkish President Recep Tayyip Erdogan added more challenges for the lira when he asked his people to convert their foreign currency and gold, a sign of trouble that will likely have the opposite effect.

Erdogan calls on Turks to convert hard currency, gold into lira

https://www.reuters.com/article/turkey-economy-currency-erdogan/erdogan-calls-on-turks-to-convert-hard-currency-gold-into-lira-idUSA4N1TM024Turkish President Tayyip Erdogan on Friday called on citizens to convert their hard currency and gold into lira, after the local currency tumbled to a record low this week, reflecting investor concern about a widening diplomatic rift with the United States.
Erdogan, in a speech in Ankara, also said Turkey was diverting to the Chinese market to overcome what he said were “subjective evaluations” from ratings agencies. Erdogan has repeatedly railed against credit raters, saying their downgrades of Turkey’s sovereign debt to “junk” status were politically motivated.

Seizing on the free fall, President Trump made matters worse for for the lira with the sanctions:

Trump authorizes doubling of metals tariffs on Turkey

https://www.cnbc.com/2018/08/10/trump.html“I have just authorized a doubling of Tariffs on Steel and Aluminum with respect to Turkey as their currency, the Turkish Lira, slides rapidly downward against our very strong Dollar! Aluminum will now be 20% and Steel 50%. Our relations with Turkey are not good at this time!” Trump wrote.

Losses in the the Turkish lira deepened on Trump’s tweet, falling as much as 20 percent vs. the U.S. dollar in Friday trading.

Erdogan is now calling this an economic war with the United States and claims he will not back down. Meanwhile, the Euro and other currencies are also feeling the heat:

Euro tumbles as investors fear bank exposures to Turkey

https://www.reuters.com/article/uk-global-forex/euro-whacked-on-turkey-turmoil-as-investors-scramble-for-safety-idUSKBN1KV07M“You’ve had a fairly sharp move lower in the euro and it’s broken through key technical levels as well,” said Richard Franulovich, head of FX strategy at Westpac Banking Corp in New York.

The euro dropped below technical support at $1.15 to $1.1421, down 0.91 percent on the day and the lowest since July 2017. Against the yen, the euro slid 1 percent to 126.79 yen, a two-month low.

Now, the criticism and praise of President Trump’s moves will be debated for days, maybe weeks.

My Take

As I’ve stated on many occasions, I’m not a fan of tariffs. They are misunderstood by most, particularly the President, and no longer yield the results they did in previous centuries. From an economic perspective, I oppose this move.
The bigger picture is how this is being used as a pressure tactic against Turkey. Currently, I like it a lot. That opinion could change based on how things go, but moves like these that apply pressure against a dangerous dictator of the false ally that Turkey has become are welcome. It isn’t just about securing Brunson’s release, though that’s extremely important. Turkey is a rising power on every spectrum that is increasingly turning to Russia and China for help instead of their “friends” in NATO.
The strategic importance of Turkey as a hub that connects Europe, west Asia, and the Middle East cannot be understated. In an ideal situation, Turkey would still be a good ally as they once were. Erdogan has taken advantage of two past U.S. Presidents and seemed poised last year to start taking advantage of President Trump. That doesn’t seem to be happening anymore.
Is this the right way to handle Erdogan? Probably not. Whether it is or not will be revealed in coming weeks. One thing is certain: we’re seeing things being done from the White House that we’ve never seen before and may never see again. It’s troubling, but at least it’s entertaining.

It behooves patriots to acquire physical gold and silver or make the move to self-directed precious metals IRAs from America-First companies that do not donate to Democrats. Go to Our Gold Guy for the personal buying experience with Ira Bershatsky. Go to Genesis Gold Group, a Christian fellowship-driven precious metals company. Or go to GoldCo for peace of mind from a bigger company.



Most “Conservative” News Outlets Are on the Big Tech Teat

Not long ago, conservative media was not beholden to anyone. Today, most sites are stuck on the Big Tech gravy train.

I’ll keep this short. The rise of Pandemic Panic Theater, massive voter fraud, and other “taboo” topics have neutered a majority of conservative news sites. You’ll notice they are very careful about what topics they tackle. Sure, they’ll attack Critical Race Theory, Antifa, and the Biden-Harris regime, but you won’t see them going after George Soros, Bill Gates, the World Economic Forum, or the Deep State, among others.

The reason is simple. They are beholden to Big Tech, and Big Tech doesn’t allow certain topics to be discussed or they’ll cut you off. Far too many conservative news outlets rely on Google, Facebook, and Twitter for the bulk of their traffic. They depend on big checks from Google ads to keep the sites running. I don’t necessarily hold it against them. We all do what we need to do to survive. I just wish more would do like we have, which is to cut out Big Tech altogether.

We don’t get Google checks. We don’t have Facebook or Twitter buttons on our stories. We don’t have a YouTube Channel (banned), an Instagram profile (never made one), or a TikTok (no thanks, CCP). We’re not perfect, but we’re doing everything we can to not owe anything to anyone… other than our readers. We owe YOU the truth. We owe YOU the facts that others won’t reveal about topics that others won’t tackle. And we owe America, this great land that allows us to take hold of these opportunities.

Like I said, I don’t hold other conservative sites under too much scrutiny over their choices. It’s easy for people to point fingers when we’re not the ones paying their bills or supporting their families. I just wish there were more who would make the bold move. Today, only a handful of other major conservative news outlets have broken free from the Big Tech teat. Of course, we need help.

The best way you can help us grow and continue to bring proper news and opinions to the people is by donating. We appreciate everything, whether a dollar or $10,000. Anything brings us closer to a point of stability when we can hire writers, editors, and support staff to make the America First message louder. Our Giving Fuel page makes it easy to donate one-time or monthly. Alternatively, you can donate through PayPal or Bitcoin as well. Bitcoin: 3A1ELVhGgrwrypwTJhPwnaTVGmuqyQrMB8

Our network is currently comprised of six sites:

  • NOQ Report
  • Conservative Playlist
  • Freedom First Network
  • Based Underground
  • Uncanceled News
  • Our Gold Guy

We are also building partnerships with great conservative sites like The Liberty Daily and The Epoch Times to advance the message as loudly as possible, and we’re always looking for others with which to partner.

Some of our content is spread across multiple sites. Other pieces of content are unique. We write most of what we post but we also draw from those willing to allow us to share their quality articles, videos, and podcasts. We collect the best content from fellow conservative sites that give us permission to republish them. We’re not ego-driven; I’d much rather post a properly attributed story written by experts like Dr. Joseph Mercola or Natural News than rewrite it like so many outlets like to do. We’re not here to take credit. We’re here to spread the truth.

While donations are the best way to help, you can also support us by buying through our sponsors:

  • MyPillow: Use promo code “NOQ” to get up to 66% off AND you’ll be helping a patriotic, America First company.
  • ZStack: Improve your immune system with the Z-Stack protocol or rejuvenate your body from vaccines or shedding with Z-DTox by Dr. Vladimir Zelenko.
  • OurGoldGuy: Tell them JD sent you in your request to buy gold and it will help us… AND (wait for it) you’ll be helping a patriotic, America First company.
  • MyPatriotSupply: Stock up on long-term food, survival gear, and other things that you’ll need just in case things don’t recover and we keep heading towards apocalypse.

We know we could make a lot more money if we sold out like so many “conservative” publications out there. You won’t find Google ads on our site for a reason. Yes, they’re lucrative, but I don’t like getting paid by minions of Satan (I don’t like Google very much if you couldn’t tell).

Time is short. As the world spirals towards The Great Reset, the need for truthful journalism has never been greater. But in these times, we need as many conservative media voices as possible. Please help keep NOQ Report and the other sites in the network going. Our promise is this: We will never sell out America. If that means we’re going to struggle for a while or even indefinitely, so be it. Integrity first. Truth first. America first.

Thank you and God Bless,
JD Rucker

Bitcoin: 32SeW2Ajn86g4dATWtWreABhEkiqxsKUGn

Covid variant BA.5 is spreading. It appears milder but much more contagious and evades natural immunity. Best to boost your immune system with new Z-Dtox and Z-Stack nutraceuticals from our dear friend, the late Dr. Vladimir Zelenko.

Why We “Moderate” a Commentor’s First Post

Tags: Andrew BrunsonCurrencyEconomyErdoganFeaturedLiraTop StoryTurkey
Previous Post

MSNBC and the Huffington Post would like a new name for Socialism’s brutal oppression and mass murder

Next Post

Ben Shapiro on white supremacists

Bypass Big Tech Censors



My Shows

The JD Rucker Show (Rumble)
The JD Rucker Podcast (Apple)
Red State Talk Radio (M-F 2pm ET)
America Out Loud (M-F 7pm ET)
America First Report (Substack)
The Late Prepper (Substack)
End Medical Tyranny (Substack)

Our Sponsors

 
MyPillow Promo Code

MyPatriotSupply

Z-Stack Life

Precious Metals

Shows

Empty Shelves, Terrorism, Cashless Society, Brazil, MTG, and More - The JD Rucker Show, 1-9-2023

2023: The Deep State, Police State, and Nanny State Walk Into a Bar...
Do We Need MORE Conservative Media to Counter the RINO Shills?

"Was It the Jabs?" and Other Questions We're Not Supposed to Ask

Will 2023 Be a Year of Revulsion, Revolution, or Revival?

The Most Terrifying Conclusion From the Twitter Files That Everyone's Ignoring

Bypass Big Tech Censors

RSS The Federalist

  • In The War To Destroy Society, Drag Queens Are The Shock Troops
  • The Left Wants To Take Your Truck Because It’s Big And Scary
  • New Video And Audio Of Paul Pelosi Attack Raise So Many Questions
  • Stop Recording Yourself In The Gym
  • What Did Election Integrity Laws Achieve In 2022? New Report Details What Worked And What Didn’t

RSS The Blaze

  • Watch a 5-year-old preacher go viral by baptizing his toys, singing with Grammy Award-winning singer: 'You have lifted us all up'
  • Annie Wersching, 'Star Trek,' Bosch,' and '24' actress, dead at 45
  • Third-biggest egg farm in US catches fire, 21 fire departments respond to huge blaze that likely killed thousands of chickens
  • Louisiana man caught on 'gruesome' video sexually abusing a neighbor's pit bull, police say
  • Bill Maher pushes back when Bryan Cranston declares critical race theory 'essential' to be taught in schools

RSS PJ Media

  • Presto Change-O, the ATF Turns Gun Owners Into Felons
  • Heresy! More Dissidents From the Left's Religion Appear in the NHL
  • Israeli Drone Attack Takes Out Iran Defense Compound
  • Trump: 'We Are at the Brink of World War III'
  • America's Main Cultural Exports Are Now Suffering and Depravity

RSS National File

  • Novak Djokovic Wins Australian Open, 1 Year After Being Imprisoned for Refusing COVID Jab
  • ‘Queer Activist’ Principal Solicits Cash from Teachers to Pay Off Coyotes for Illegal Alien
  • BLM Protesters Block Memphis Highways After Tyre Nichols Bodycam Footage Release
  • Jihadist Accused of Killing Church Worker in Southern Spain Had Outstanding Deportation Order
  • Masachuesets Pre-K Teacher Fired After Allegedly Producing OnlyFans Content on School Grounds

RSS Townhall

  • Why the Left, Right and World Leaders Won’t Heed Trump’s Warnings Regarding Ukraine and World War III
  • The Republican Party Is Addicted to Losing
  • The U.S. Should Prepare for Iran’s Next Revolution, as It Failed to Prepare for the Last One
  • What is the Law?
  • The Left Is Fueling a New Racism

RSS RedState

  • Pompeo Blisters Haley, Bolton for Trump Administration Actions and I Have Serious Questions
  • To Fight White Supremacy, San Francisco Eyes Paying Each Qualifying Black Resident $5 Million
  • Prosecutor Shares the Baffling Motive Behind the Half Moon Bay Shooting Spree
  • Megyn Kelly Takes on Jill Biden Calling Herself 'Dr' and The Left Loses Their Mind
  • Legal Filing Exposes FBI Involvement in January 6th
  • About
  • Contact
  • Give

© 2022 NOQ Report

No Result
View All Result
  • Home
    • About
    • Give
  • News
  • Opinions
  • Quotes
  • Around the Web
  • Videos
  • Podcasts

© 2022 NOQ Report

Session expired

Please log in again. The login page will open in a new tab. After logging in you can close it and return to this page.

>