levonyeshilian Posted February 22, 2001 Report Share Posted February 22, 2001 Yesterday night,when i slept,1 Dollar was 695.000 Turkish Lira. In the morning it was 1.100.000 Lira.I lost 40 percent of my money in one night by the economic crisis. .....I'll cry..... Quote Link to comment Share on other sites More sharing options...
MJ Posted February 22, 2001 Report Share Posted February 22, 2001 Dear Levon, Like an Armenian poem says "The unfurtunate days will come and go like the winter does..." God lift your spirit up... Quote Link to comment Share on other sites More sharing options...
MosJan Posted February 22, 2001 Report Share Posted February 22, 2001 Levon jan i'l pray for you--<>-- pray for me - price of gold has been dawn - $258.00pr Oz. http://kitconet.com/images/sp_en_6.gif Quote Link to comment Share on other sites More sharing options...
Nunush Posted February 22, 2001 Report Share Posted February 22, 2001 MosJan! Compared to the overall economy, the decrease in gold price is not as dramatic. Don't forget we are getting close to recession. The stock market is killing all the investors. My best advise, invest in real estate, rates are low. Max out your 401K and put it in a fix plan. Quote Link to comment Share on other sites More sharing options...
MosJan Posted February 22, 2001 Report Share Posted February 22, 2001 will 401k that will be nice Araksi jan i'm a store owner, i have no 401K to max out. Quote Link to comment Share on other sites More sharing options...
raffiaharonian Posted February 23, 2001 Report Share Posted February 23, 2001 Dear Levon,Would I be wrong in assuming that you were clever enough, long time ago, to convert your cash let say in $ or Euro ?After all you are an Armenian! However , I find the current situation really disturbing and God help you all.I further wish and pray that the Turkish political powers will not try to "export" the current crisis in the form of aggresive foreign policy towards its neighbours! ( maybe they'll discover a new tiny little rock in the Aegean, which belogns to them??? ) Quote Link to comment Share on other sites More sharing options...
levonyeshilian Posted February 23, 2001 Author Report Share Posted February 23, 2001 Raffia, I praise the God,i saved 60 percent of my money as dollars....I don't mind the money,anyway i'll earn it again.I'm sad because my plan of master's degree is delayed at least 18 months....I'll get used to it too.... Quote Link to comment Share on other sites More sharing options...
bellthecat Posted February 23, 2001 Report Share Posted February 23, 2001 quote:Originally posted by levonyeshilian:Yesterday night,when i slept,1 Dollar was 695.000 Turkish Lira. In the morning it was 1.100.000 Lira.I lost 40 percent of my money in one night by the economic crisis. .....I'll cry.....You only lost it if you had it in the first place! And if you had enough for it to really hurt, think of those that never had anything - and had to do their Turkish military service because they could not afford the 12,000 dollar "get out in a month" bill. (Is it 12,000 dollars?) StevePSI remember in 1992 seeing the value of the pound going from 1.95 dollars to 1.40 dollars in less than a week. Since I was travelling abroad at the time, and only had pounds with me, it was serious. Quote Link to comment Share on other sites More sharing options...
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