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Posts by peterweg  

Joined: 16 Feb 2007 / Male ♂
Last Post: 19 Jun 2020
Threads: Total: 37 / In This Archive: 22
Posts: Total: 2305 / In This Archive: 1651
From: London, Battersea, Krakow.
Speaks Polish?: no
Interests: Motorbikes, Skiing

Displayed posts: 1673 / page 30 of 56
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peterweg   
21 May 2012
UK, Ireland / Sooo many Polski Sklep in the UK, LOL [64]

VAT, business rates, income tax and NI contributions all going to the British exchequer. If you know a way how these can be sent to Poland please let me know so I can inform my accountant who can then do the same for me.

Poland is exports a lot of food due to its abundance of agricultural land - three times that of the UK. Hence its in Polands economic benefit to export Polish food which is bought by British people as well as Poles.

Lets have a winge about Tesco's HUNDREDS of shops selling BRITISH food in Poland shall we?

Why post such a boring threads,you're weirdo and on top of it full of hate.

+1
peterweg   
21 May 2012
UK, Ireland / Sooo many Polski Sklep in the UK, LOL [64]

You havn't seen the number of British Food shops catering to expats around the world have you? Sad as it is, the British are just as bad when it comes to their food comfort zone.
peterweg   
21 May 2012
UK, Ireland / Sooo many Polski Sklep in the UK, LOL [64]

There is far more Poles than any other minority nationality in the UK, so if there is a market, it will be fulfilled.
peterweg   
21 May 2012
News / Poland's Economy Is Booming! The EU's Success Story? [711]

whats your interest in Iceland weg? and what makes your sources so valid and ours so invalid?

How about they are Icelandic sources, from journalists or bloggers who speak and read the language, who live there and know what is happening?

Rather than some twit with his own personal agenda. The media outside iceland has some very starnge preconceptions, because of their own agenda and storyline.

For instance the referendum about the Iceave deal. The UK/US media decided it was a vote for 'freedom from bank oppression' against 'bailing out the banks', when it was, in fact, a vote on accepting the repayment terms - Iceland agreed to repay the Icesave debt, it was a vote on the interest rate for the loan. The delayed the deal so long the bank restitution committee repaid most of the money and now the legal case is just about the interest debt.

icenews.is is another excellent Icelandic news/discussion site.

EBRD upgrades Poland's GDP growth prediction

Poland's GDP growth will be at 2.7 percent in 2012 and at 2.9 percent in 2013, according to the latest forecast of the European Bank for Reconstruction and Development (EBRD).

In January, the EBRD predicted that the Polish GDP growth would slow down to 2.3 percent.

peterweg   
21 May 2012
News / Poland's Economy Is Booming! The EU's Success Story? [711]

Iceland defaulted on its debts (like greece should do) and then started again with a level playing field. Sex with animals... really? grow up!

No, Iceland did not default on its debts and 'walk away with a level playing field'.
The Government did not have the debt, the banks did. The Icelandic government separated the banks into good bank-bad bank and re-capitalised them to the tune of 1.5 billion euro's.

They had considerable problems which are un-resolved, they failed to protect savers in the banks unless they were Icelandic. This is illegal under EU and the EFTA-SA are prosecuting the government, however, most of the money has been paid from the sale of bank assets.

The current situation is that Iceland is under legal threat from its debtors., its economy is frozen due to the (again illegal) capital controls that preven money being converted/removed from Iceland. There are billions of euro's of bonds than the Government has to keep paying interest on with hard currency.

All importer/exporters have to convert money via the government control banks system and are give half the real world exchange rate, because of this there is no investment from abroad because its impossible to move money out again. Iceland's economy is on a knife edge and the people have no hope anything will ever get better, it could take a decade for the capital controls to be removed. In the mean time, Iceland is ******.

Argentina is teh usual country they use as an example of how to walk away from debts for a clean start. 11 years later they still are fighting the consequences of the default and have a currency thats fallen from parity to 4.5 to the dollar, 30% inflation and a breakdown in society.

Added to that Poland is too linked into Europe (free cash!!) and the 'whole brotherhood of the USSR of Europe'. If Europe fails Poland fails.

If you are going to try to have a discussion about something you obviously don't understand, try and cut and paste something without changing it to be so fundamentally wrong.

Hint:Poland has complete control of its currency because it is NOT in the Euro.
peterweg   
21 May 2012
News / Polish baby boom, but not in Poland [40]

How many Poles would you estimate in the UK?

I'd prefer to look at official figures rather than use your method of making it up as you go along, aka useless guesswork.
peterweg   
20 May 2012
News / Poland's Economy Is Booming! The EU's Success Story? [711]

dont know what your waffling on about again weg.

Yes, typical claptrap from non-Icelanders promoting their own stupid agenda that has nothing to with Iceland. And bright sparks like you swallow it.

Iceland is comprehensively ****** and they know it. There is billions of euro's of bonds they have to keep paying interest on because they are desperate to borrow more money. The capital controls prevent their currency being converted, the Krona is worthless. It violated the basic EU law on free movemnet of capital, but they violated the equal treatment of EFTA citizens, so **** the EU. However, they are/will be prosecuted for this.

This journalist has a good view on Iceland and she isn't scared to say truths that the Icelandic mafia wouldn't like to be heard.

uti.is

IWR used to be quite good before she 'found a new job' and stopped blogging about the political situation and now its an occasional travel journal. From the best know Icelandic blogger in the English speaking world to.. silence.

icelandweatherreport.com

If you want to discuss Iceland, I'm quite happy to setup a thread about it.
peterweg   
20 May 2012
News / Polish baby boom, but not in Poland [40]

at least that article has something of a more credible number, i would estimate well over a million personally.

Right, because apparently you have your own census organization, will that be part of your economic analysis department and pay-check verifying company?

Located in The Sun Don't Shine Alley?
peterweg   
20 May 2012
News / Poland's Economy Is Booming! The EU's Success Story? [711]

Look at Iceland!

Corrupt, bankrupt, mafia run country that doesn't even have a convertible currency.

Iceland is great as a justification of whatever **** you want to promote. Eg.

- Iceland has never had the Euro and its go nothing to do with the Euro - get rid of the Euro and be like Iceland (bankrupt and up to your neck in debt)

- Iceland bans Black people, it works, lets do it here!!
- Sex with animals - Look... its great in Iceland, try it!
peterweg   
20 May 2012
Real Estate / Poland's apartment prices continue to fall [1844]

1996 avnhp: €87,202.00 , avindw: €20,692.2 , ratio: 4.214
.
.

2006 avnhp: €305,637.00 , avindw: €37,477.1 , ratio: 8.155

I don't know how your maths works, property doubled in relation to wages
peterweg   
20 May 2012
Real Estate / Poland's apartment prices continue to fall [1844]

Unlike Poland it was driven by the increase in wages. Bank lending played a significant part but.....

Your own figures show the HP to wages multiple went ballistic, 8:1

Thats 100% bank lending. Average in the UK is from 2.8-4. In the boom I think it peaked at 7.
peterweg   
20 May 2012
News / Polish baby boom, but not in Poland [40]

Polish baby boom, but not in Poland

Polish women are born abroad, says "Gazeta Wyborcza". Nearly 21 thousand. Polish children were born last year in England and Wales. This is an average of up to 57 babies a day.

In 2010, the Poles gave the world many children from all minority groups in Britain (19.7 thous.), Followed by Pakistani occupying the first place so far.

The Polish are leaving mostly young. But age is not the only factor determining the number of births in the Polish community. What is important is the standard of living - higher than in Poland and the second highest in Europe.

In the UK, now living about 850 thousand. Poles. In 2014, the country will have about 200 thousand. Polish children.

"GW" in the article "Baby boom ..." shows the British social conditions conducive to increasing population.

peterweg   
20 May 2012
Real Estate / Poland's apartment prices continue to fall [1844]

The Irish bubble for example, was driven by Irish wages, that's why their was a sudden collapse . Poland on the other hand is an unusual situation, largely influence by the happenings in the west;especially in relation to the Billions been sent home by Poles since 2004.

Well thats your opinion. The fact is Poles are still sending about the same back and prices are falling. So I'd say it banks not lending causing the crash, one they restart prices will recover.

And Ireland's crash was caused by bank lending not wages.
peterweg   
20 May 2012
Real Estate / Poland's apartment prices continue to fall [1844]

The difference is your understanding the figures are calculated. You could get screwed if you don't understand it. 95% and 258% is a big difference in numbers

If prices fall at that level then its obviously significant. They fell 4% spain, so its quite possible.
peterweg   
20 May 2012
Travel / Wroclaw Euro 2012 - how much zloty I should be taking with me? [16]

Buy your foreign currency in your local bank. You will get a better rate there.

Is that a joke? What rate give a better rate than a Kantor, at less than 1% spread?

This isn't a Poland specific thing - it is Europe-wide, however it is a scam by the banks to convert the money at a lower rate.

You sure about that? By taking the rate given its fixed at that. However if you allow it to be calculated it can go up or down.

Its about... 500pints of beer.

Actually its more like 700 pints at what i paid for last night,
peterweg   
20 May 2012
News / Poland's Economy Is Booming! The EU's Success Story? [711]

Foreign investors are taking out the money now hoping to buy back the same amount of 'product' at a cheaper price due to the euro's spiralling weakness.

Normal trading, nothing to worry about.
peterweg   
20 May 2012
Travel / Wroclaw Euro 2012 - how much zloty I should be taking with me? [16]

I'd be very wary about using a cc in some clubs. Two places in Krakow were accused of taking tens of thousands of pounds off credit cards without the owners approval.

They failed to get the money back as they were present during the transaction.

Note also the credit card charges and exchange rate are much worse than converting cash
peterweg   
20 May 2012
Life / Health system in Poland one of the worst in Europe: report [78]

because there simply isnt enough money being ploughed into it, but at least we do have a free healthcare system,which is a lot more than can be said for other countries.

There is a lot of money being put into it. UK has a very high GDP and is putting a large part of it into health care

bbc.co.uk/news/magazine-11686396
peterweg   
20 May 2012
Real Estate / Poland's apartment prices continue to fall [1844]

Avalon.

You, and everybody else for that matter, really must learn how to calculate compound interest

So, according to the figures you are providing, prices rose between 2004-2008 to peak at an increase of 109%

No, its an 258% increase based on Milky's figure. You don't add the rises, you multiply. Here

1 x 1.23 =1.23
1.23 x 1.28= 1.5744
1.57 x 1.45= 2.28288
2.28 x 1.13= 2.579

so 257.9%

Lets say that the 1% fall each month continues, in just under another 8 years, we should be back to 2004 prices.

Again you multiply the annual falls by the previous year/months figure

1 x 0.99= 0.99
0.99 x 0.99 = 0.9801
0.99 x 0.9801 = 0.970299
0.99 x 0.970299 = 0.96059601
0.99 x 0.96059601
etc for 12 months
.
.
end of year fall = 0.886384872

Which is 11.36% fall per year. Calculator..
stoozing.com/mon2yr.htm

To get back the 258% rise it would have to fall from 3.58 (100%+258%) to 1, so a fall of 72% (2.58/3.58=0.72)

at 1% fall per month, 11.36% per year APR, it would take about 11 years to fall 73% to lose the 258% rise.

However, this ignores inflation. If you assume 4% inflation from 2004, by 2017 the inflation adjusted price would be 170% up. So you would need a fall of (1.88/3.58=0.53) 53% which should come in 6 years.

Inflation target and actual is probably less than that, so the actual date would be 7 or eight years... 2019-2020
peterweg   
19 May 2012
Travel / Wroclaw Euro 2012 - how much zloty I should be taking with me? [16]

Take pounds and convert in a Kantor for the best exchange rate, something like 1% spread is generous, anything more a rip off.

Is 5,000 zloty enough?

Not enough for a strip club, but more than you could ever spend on food and booze. Its about... 500pints of beer.
peterweg   
19 May 2012
Life / Health system in Poland one of the worst in Europe: report [78]

Boston Medical center is noted as the best for trauma cases.It is a well known fact that Boston has some of the best hospitals
in the world.

An US doctor explained it thus: US has good treatment but not any sort of healthcare system (funny, my US spell checker doesn't recognize healthcare as a word).

To explain, the US treats symptoms and diseases, what they don't do is have a system to prevent and predict those diseases and prevent them killing you.

Boston hospitals are, no doubt, great places to die.
peterweg   
19 May 2012
News / Poland's Economy Is Booming! The EU's Success Story? [711]

as peter has pointed out your presence makes the average IQ of the country go down.

In fairness I've never called him stupid, or any poster for that matter. There is a difference between stupidity and ignorance.

Stupidity is the inability to understand or deal with something due a incapacity of the brain. Ignorance is a lack of knowledge, in this day and age thats due to a laziness or refusal to get that knowledge. Most peoples IQ is high enough for them to be able to educate themselves if they want to (IQ tests are bullshit to a large extent as they are too maths orientated). But they don't want to, preferring the lazy option, ignoring it or pretending it isn't true.

Apparently its worth a massive amount of intellectual effort not learn maths.

Poland is and has always been in a very bad place,economically.

So has Ireland. They live off potatoes and are un-educated. They will starve when the blight comes.

Funny, Ireland managed to turn its economy around and make it population rich. It did this without Polands advantages; large amounts of top quality agricultural land great geographical location and a large population.
peterweg   
19 May 2012
Life / Health system in Poland one of the worst in Europe: report [78]

The best in the World because they put the most resources into it (16% of GDP).

Its 34th in the world because its a disorganized mess, the US is throwing away half its expenditure due to inefficiency. As a result American suffer health problems and die younger than their foreign equivalents.

And, its not personal wealth that determines quality either, it was published a couple of years ago that the richest 50 year old American was in significantly poorer health than the poorest British person.

The US health system is a failure at keeping American's healthy and its doubtful spending any more money will ever correct it.

Before you get into the US is best at anything just remember the US is not best, not even in the top ten, in anything to do with health, education, development.

Amathyst

Well put.
peterweg   
18 May 2012
Law / Poland's Economy "Outpacing Germany". Gratulacje. [20]

I'm not saying adopting the Euro would benefit Poland, though it very well might. Ostensibly, they would join to enjoy the same interest rates as the core countries of the Euro, and not those of those on the periphery.

Analysis of the Euro suggested only those countries physically joined to Germany should join. Well, Poland is actually sat on a big chunk of German infrastructure, you can't more single market than that.
peterweg   
18 May 2012
News / Poland's Economy Is Booming! The EU's Success Story? [711]

Gdynia was some small godforsaken town.

It is a small town which I have no interest in visiting, especially now I've been told its a miserable, depressed.

I find it especially difficult to take somebody preaching economics serioulsy

You will take any excuse to, slag me off. You guys can't add up, but I've never been to the Polish Seaside. Well, a 99pln airfare will sort me out.

Are you going to re-do your maths 'O' Level (or wtf its called these days)?