“Why Doesn’t Anyone Change Their Profile Pics to Turkish Flags?”

Earlier in the week there was a bombing at Ataturk Airport in Istanbul.   The bombing was tied to ISIS and it killed something in the neighborhood of 50 people.

 

Immediately after the bombing, there were quite a few “Why doesn’t anyone care when terrorism happens in _____”, as there always is whenever something happens in the Western world.   Someone brings up an attack (that they probably didn’t know about either, btw) that happened in Beirut, Baghdad or whatever that didn’t get any significant media airplay and certainly didn’t get an outpouring of support from American do-gooders.

This question is more or less meant to be rhetorical, just making a statement how close-minded, racist, sheltered, etc. we are.    It never really gets answered, partially because it comes from the clickbait/SJW memes world and usually probably gets written off as “Oh, there’s little Billy trying to save the world again!” or whatever.    To actually answer it is pretty damn simple though…
No one really cares because it happens all the time.   An attack in Paris or the United States  doesn’t happen nearly as often as it does in these places that are basically war zones.   It really sucks for the people who have to live with a real, tangible threat of this kind of violence but people become desensitized to it if it becomes viewed as one of the hallmarks of that civilization.   If you were to plan a trip to Lebanon or Egypt, one of the first things people would say to you would be “oh man, watch out for terrorists!”.   When my ex-wife and I went on our honeymoon to Istanbul years ago, her mom cried because she was worried about us being in that part of the world.  Maybe it was a bit of an overreaction but it’s not exactly unfounded to worry.   It’s also worth mentioning that one of the color revolutions was going on in Egypt at the time.

So it gets called racism that people don’t care.  I think there’s something here, actually, but only in the sense that people identify and empathize more with people like them.  It’s easier to put myself (and yourself, admit it) in the shoes of a Parisian at a rock concert or even a gay nightclub patron in Orlando than it is a street peddler in Baghdad that winds up on the unfortunate side of a car bomb.   The situation in Turkey is a little different though, as the kind of people who would’ve been on the receiving end of this bomb were probably people that had a western-orientated consumer-based lifestyle that we would recognize.    I haven’t checked the nationality of the victims, but I’m sure plenty were probably European tourists that we would definitely identify with.   Even if they were all Turkish nationals, they would be people with one foot in a world we WOULDN’T identify with (Muslim, “developing world” and so-on) and one foot in a world we WOULD recognize (secular, democratic, consumerist, etc.   Turkey isn’t exactly a first world country, but in the grand scheme of the world, they’re doing pretty good).   Overall, people seemed to care a little bit more than if it happened in Ramadi or even Jakarta.   On this note, if it happened in Japan (which obviously isn’t white), I think people in the US would care just as much as if it happened in France because our lifestyles are so similar…and maybe they would be viewed as more of an innocent party than Western Europe/USA/Canada.

Now let’s talk Turkey…   For some reason Turkey has managed to raise the ire of ISIS, even though they’ve been accused of aiding them covertly against Assad in Syria.   It’s kind of a confusing situation, but I think that in the grand mile-high view of these terrorist groups, neo-ottomanism is a huge obstacle against eventually gaining an Islamic caliphate.   Also it could’ve been done to get Turkey to double down on terrorism and hit the Kurds/PKK even harder than they have been, since they’ve been one of the biggest hurdles for ISIS and a constant thorn in the side for Turkey.   Apparently once Russia entered Syria and Turkey shot down that plane, Russia made a huge showing of bombing the shit out of “assets” immediately across the border believed to be sponsored by Turkey against the Kurds.   Ha ha.

Anyways, yeah, it sucks that human life has different relative values but at the end of the day it doesn’t really matter if people “care” in Kansas that people are getting blown up in Baghdad – there are still places in the world where the kind of violence that is rare and notable in part of the world is an everyday occurrence and no amount of “awareness” will change that.

Big Trouble in Little Cyprus

 

Everything You Need To Know About the Cyprus Bank Disaster

 

People who watch the economic situation in Europe are familiar with the “PIIGS” (Portugal, Ireland, Italy, Greece and Spain) or the “peripheral countries” getting all of the fanfare for all of the EU’s problems, but EU member Cyprus has managed to slip through the cracks (for the most part) of the mainstream media’s attention.   I guess that’s understandable, considering it’s on the peripheral of the periphery, out there just south of Turkey in the Aegean.   It’s also statistically insignificant in the grand scheme of the EU’s GDP, but psychologically some kind of meltdown there can do some damage to the overall economy of the EU.

The economy of the island is based upon tourism, British ex-pats and offshore banking.   There’s a ton of money from Russia there, sitting outside the reach of the Russian government’s greedy little paws.    There also might be some offshore oil deposits, which might add an interesting twist to the story.    Banks in Cyprus have taken a beating over investing some of that capital into the Greek economy (Cyprus is mostly Greek).

The EU and Cyprus have recently agreed to a bailout plan that will cost the German taxpayers a ton of money and a levy on all bank accounts in Cyprus of 6.75% on accounts less than 100,000 Euros and 9.9% on accounts of more than 100,000 Euros.   The accounts with less than 100,000 are insured in a similar arrangement as our FDIC.      The banks closed on this news in order to avoid bank runs, as everyone naturally wants to get their money out of Cyprus.    The British government says it will reimburse British citizens and government employees (there’s a large UK military base on the island) with Cypriot accounts courtesy of the already-strained British taxpayer.

A lot of wealthy/powerful Russians stand to lose a lot of money via backdoor nationalization in this situation and they aren’t happy.   This is an interesting geopolitical wildcard here because who knows how Russia will respond to this.   On one hand, the government will be happy about all of that money potentially coming back home to Mother Russia.  On the other hand, Putin might have a lot of very powerful people insisting that they “do something”.    If things are looking like they’re going into crisis mode in the EU now, imagine what it would look like if Russia decided to shut off the gas to Europe – that would really throw them over the cliff.   I hope they tread lightly over there…

The other geopolitical factor here is Turkey, but this one might be a bit of a long shot.  The northern part of the Island is de facto Turkish with a strong Turkish military presence and Turkey is on the rise as a regional economic, political and military power.   We seem to be heading towards a multi-polar world I can see Turkey having more influence in the world in the coming years – not quite one of the big boys like the US, China, Russia or the EU, but maybe on the next tier or so down.

5-10 years ago Turkey was trying to jump through the hoops to get into the EU (under some admittedly degrading terms), but now it’s looking like both sides have lost interest in this idea and Turkey would probably be better off without being a member state.   Turkey’s role in NATO made sense during the Cold War, but no so much anymore.   Plus both Turkey and the rest of NATO have shown that they’re not 100% committed to each others’ national defense policies.   Turkey has been a thorn in the side of the US in Iraq and very reluctant militarily in Afghanistan (but good with humanitarian aid) and we haven’t been very helpful to our ally with their problems in Kurdish Iraq and we didn’t dare say a cross word to Israel when they attacked the Turkish flotilla to Palestine – I bet if Syrians attacked the Turkish ship instead of Israel, we would’ve been chomping at the bit to do something.

Oh yeah, there’s also a deep, pathological hatred between the Greeks (represented here by Cyprus who are Greeks in every sense but passports) and the Turks.  Things have gotten better between the two nations over the past few decades, but it’s still there.    Two years ago I visited the military museum in Istanbul and they had a room dedicated to the 1970 skirmish between Greece and Turkey in Cyprus.   A couple things that stood out to me was a satchel with a placard stating that it came from a “Martyred Turkish soldier in the Cyprus Peace Operation”.   There was also a display of an unassuming American army uniform but the name tag was a Greek surname.  It was just something that someone may have stumbled upon in a suburban Chicago surplus store and had absolutely no connection to anything with Cyprus.   To me this spoke volumes.    Oh, and right now the nationalist Golden Dawn party in Greece has been bringing up the Turkish boogeyman in their dialogue.   There was even a story that surfaced in the Western media earlier in the year about how the Golden Dawn put retaking Constantinople into their party platform although I think that had more to do with the media completely sensationalizing something from those guys than reality.    I’m sure many Greeks hold the romantic notion of the Ecumenical Patriarch rolling up to the Hagia Sofia in a tank to deliver the divine liturgy, but I really doubt anyone is putting that on the agenda in Greece.

I’ve gotten a little deeper with Turkey than I intended to when I started typing but long story short, I think there’s a real possibility of them doing something to assert themselves which will basically be their way of giving the EU and/or Greece the middle finger.

Back to Cyprus, this is a unique situation and I’ll be watching it to see what unfolds.   For all practical purposes there are all kinds of backdoor ways that governments can suck wealth out of the people, but this is notable because it’s so direct.   The thought of bank levies has never even crossed my mind.   Instead of dancing around the reality of the situation, it’s like they’re saying that everyone is going to take a bite of the proverbial shit sandwich.   Thinking optimistically, I guess it’s a good thing that they’re being honest.

Last time things really heated up in Europe there was a big rush into the dollar for security, so I’m wondering if gold and silver prices will go down tomorrow as presumably more European money will come our way.

I think this situation makes a good case for keeping some portion of your wealth outside the system into hard assets like land, precious metals and means of production.    It also makes a good case for keeping some physical cash on hand.   If I were in Cyprus, I’d rather grab some Euros from underneath the mattress right now than worry about standing in lines or trying to track down an ATM with cash still in it.

 

See also  The Case for Keeping A Little Extra Cash Around