Özgür Demirtaş, a Turkish finance professor and YouTuber with over 1.1 million subscribers, humiliatingly deleted a tweet after his prediction on Greece and Turkey turned out to go in the opposite direction.
In the now deleted tweet, he wrote:
“Note this: Greece will sink. Will go bankrupt. It will have to.
I’ve been saying this for the last 9 years and will keep saying it: Turkey is the rising power.”
Turkish professor of finance @ProfDemirtas has been saying for the past 20 years that Greece will sink financially. In 2011 he tweeted it as seen below (time stamp) and that Turkey is the rising power but deleted the 10 year old tweet late last night.
Who is sinking now Mr Özgür? pic.twitter.com/NAnya6ElYn
— Harry Theocharous (@TheocharousH1) December 17, 2021
Of course through the lens of over a decade ago, specifically to June 22, 2011, it certainly appeared that Greece was on the path to bankruptcy and Turkey towards a greater power status, but as it turned out, the opposite in both cases occurred.
The Turkish lira today is in free fall and daily bread queues across Turkey are getting longer and longer.
The poor are suffering even more and the Middle Class is being gutted because President Recep Tayyip Erdoğan insists on Islamic principled economic policies and bloating the country’s military budget on wars of expansionism.
In June 2011, it appeared that Turkey had the world at its feet, even having an ambitious policy to be a Top 10 economy by 2023, hence making the prediction in a tweet was seen at the time as a safe bet.
However, with the outbreak of the Syrian War, Turkey opted to abandon its short-lived “No Problems With Neighbour” Policy and began funding, training and arming terrorist organisations against the Syrian State.
Rather than a quick victory to expand Turkish influence, as was expected, billions upon billions of liras have gone down the drain.
President Bashar al-Assad has not only survived, but Turkey now hosts millions of Syrian refugees, refugees they themselves created by directing terrorists towards cities and villages.
Along with military adventures in Iraq, Libya and Nagorno-Karabakh, as well as maintaining occupations in Syria and Cyprus, Turkey also violates Greek airspace on a daily basis.
This bloated military budget, Islamic-inspired economic policies and a plethora of other reasons, has fueled Turkey’s economic crisis, and now the country is at risk of hyper inflation.
Meanwhile, despite a difficult decade, Greece not only avoided bankruptcy, but is now the most exciting economic prospect in the Southeast Europe-Eastern Mediterranean region.
As the likes of Fitch, Moody’s and others are continually upgrading Greece’s credit rating, the same financial institutions are downgrading Turkey’s economic outlook.
Unemployment in Greece has now reached its lowest levels since the crisis began, but in Turkey, unemployment is only going up and up as purchasing power decreases for the average citizen.
It is easy to lambast Professor Özgür Demirtaş for his tweet made over a decade ago, but it does bring to question why he quickly deleted it when it resurfaced a few days ago.
No one could hold it against him for having such a prognosis for both countries in 2011, but by deleting the tweet it suggests that the initial reason for it was out of chauvinistic arrogance against Greece.
However, his tweeted prediction for both countries ended up being humiliating wrong.