United States is Still a Big Whale in the Sea of Young Sharks
Category: Turkey Created on Monday, 05 December 2011 04:32 Published Date Written by Stock Market Newspaper Hits: 66
In response Deputy Prime Minister Ali Babacan's speech praising the Turkish economy and criticizing European governments in crisis at the Global Entrepreneurship Summit in Istanbul, U.S. Vice President Joe Biden added a special addition to the text of his speech. Mark Lander, from New York Times (NYT), reported in his report that Biden refused to ignore Turkey to praise on their economy.
Babacan, drew attention to 7.5 percent grow that will take place this year in Turkey in his speech. He declared that the winner will not be U.S or European governments but Turkey. Babacan said "Little fish will be not eaten by big fish but fast fish". He also called out to European countries in crisis. "They would probably solve their economical problems if they had such powerful government in Turkey" he said.
According to NYT's report, Biden said "All countries are together in this business. Our economy is 3.5 times bigger than the next coming economy and greater than the sum of the 4 following economy after that."
NYT comments on Biden's speech that "United States is still a big whale in the sea of young sharks." "He added these words after hearing Babacan's confident speech." Biden's advisors said.