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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 35 of 56
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peterweg   
2 May 2012
News / Forbes: Boot Argentina from the G20 and include Poland [44]

based on what is this estimation? clearify please.

The detailed experiences a of an Argentina who lived there all his life (see link). Plus observations of the insane ranting of their politicians and reading their crazy history.

Argentina is a basket case.

how did they 'steal' a company?

Entered the offices and arrested the employees at gun point. Expropriated all the assets - "Expropriation is the politically motivated and forceful confiscation and redistribution of private property outside the common law."

what bs is that now? wher did you get that info

Look at the Glorious history of the success of SA versus NA, largely due to this sort of stupidity

btw, brasil is one of the most properous countries in the world and they are in south america....

True, coming from the mess they were in its impressive, the jury is out on how long they will continue to succeed.

GDP is not a very accurate indicator, in fact it is useless.

All statistics and facts are useless if they go against your point of view.
peterweg   
2 May 2012
News / Poland's Economy Is Booming! The EU's Success Story? [711]

Let's hope that I'm wrong.

Hey, feel free to make up whatever you like. Ignore Poland and EU statisticians, analysts and maths and invent your own reality as you see fit.

This way you will be right.

How old are you btw?
peterweg   
2 May 2012
News / Forbes: Boot Argentina from the G20 and include Poland [44]

spain should go to war and kill them , as we did before

UK will back up Spain on this, stealing companies at gunpoint is outrageous.

The long term effect will be that SA keeps being a useless, backward collection of colonial occupiers.
peterweg   
2 May 2012
News / Poland's Economy Is Booming! The EU's Success Story? [711]

What do you mean when you say, "American Poles"?

A mixture, more those who were born in Poland and went to work in the US then returned. E.g. Wife's Polish born uncle, was a prison officer in Arizona and is now back in Poland.
peterweg   
2 May 2012
News / Forbes: Boot Argentina from the G20 and include Poland [44]

Come on, why don`t you stick to your country?

Possibly because Argentina is a complete failure as a country. This guy emigrated to Northern Ireland to get away from it, his grandfather escaped the Spanish civil war and now his has reversed the move.

ferfal.blogspot.com

He's and his family are more happy than they has ever been, its like getting out of jail.
peterweg   
1 May 2012
News / Poland's Economy Is Booming! The EU's Success Story? [711]

Do you have sources for these claims?

There are Americans all over the place, its a well know phenomenon - look at the numbers here in PF. Polish Americans retire in great numbers around Zakopane for instance. Since I moved here in 2009 I've met loads of ex-Americans and not a single English expat.

All I can find regarding Germany for example is that the Polish government expects approx. 400.000 Poles to emigrate across the border.

The figure for the first year was low, 40k I believe, much to the Germans disappointment (they are desperate for skilled workers). The rate has increased, but its nothing like the the emigration to the UK/Ireland
peterweg   
1 May 2012
News / Poland's Economy Is Booming! The EU's Success Story? [711]

For themselves and their families. They're not paying Polish taxes on that income so the Polish state doesn't see a dime of it. Send all the money you want back to Poland, it doesn't end up in ZUS payments unless that money is creating jobs and putting more people on the payroll.

Its into the economy, spent and taxed via 23% vat.

Its a minor point, the economic growth is measured excluding remittances and 4billion/500billion =1% is sweet FA compared to the total growth of around 400billion since the end of communism

What makes you think that every Pole abroad is willing to do that? Even those who do: give it one or two generation(s) in their new home country and they'll forget about their relatives in Poland.

Not important, however lots of American Poles return and the numbers emigrating has dropped massively. Only 40k went to Germany.
peterweg   
1 May 2012
UK, Ireland / Scotz barszcz magazine [10]

Can you post a permanent link so we can find new issues?
peterweg   
1 May 2012
News / Poland's Economy Is Booming! The EU's Success Story? [711]

he minute anyone in your work force bounces to another country, it's one less person paying into Poland's socialized system.

And one more person remitting money from abroad.

Nothing wrong with social system, better the money is spent on education and infrastructure (medical expenditure in Poland is very low, six biggest expenditure) rather than pointless military spending like the US. The poor US education system could do with universal free university education, it might help reduce the US image as a nation of idiots. Israel has free university education,paid from by the US taxpayer via a billion dollar military grant, why not spend the money at home?
peterweg   
1 May 2012
News / Poland's Economy Is Booming! The EU's Success Story? [711]

Used to. As long as the big corporations are greedy and continue to send manufacturing jobs overseas it wont change for the better.

Its won't. The world has changed, Asia and the Third World has/is rising and its at the First Worlds expense. The world is flat and everyone will have to compete like for like, the only thing to keep you ahead is education - or using your capital in a lower cost/asset price location.
peterweg   
1 May 2012
News / Poland's Economy Is Booming! The EU's Success Story? [711]

Time and time again, people forget to consider the buying power they have in the country they are talking about.

You are completely correct. Now, wages in Poland are low, but with high growth, over years they will rise to average Western European levels. Of course getting a comparatively low wage for a decade sucks. But that is a boom, might not be that good to be there while it happens but its the end result that matters.

USA/UK etc are in a different situation, wages for the middle classes in the US have been completely stagnant for a decade, in fact in todays money Americans earned far more during the 1970's than they do today.
peterweg   
1 May 2012
News / Poland's Economy Is Booming! The EU's Success Story? [711]

since there are several predicted outcomes of the future of eu, maybe poland should look for alternatives.

What, vassals of the New Russian Empire?
The EU is not going anywhere, thats your fantasy that will not come to pass.
peterweg   
1 May 2012
News / Poland's Economy Is Booming! The EU's Success Story? [711]

then tell me, sir, why our poverty levels are SKYROCKETING??!

Poland grows more prosperous - GUS
March 1, 2012

Poland's public sector offers 13% higher wages than the private one, while the gap between the highest and lowest salaries is shrinking, according to the latest report by the Central Statistical Office (GUS), taking into account the data on 8 million employees.

The increase in prosperity is accompanied by a decline in poverty and the trend is seen continuing, experts say.

Poverty on the decline in Poland

The number of Poles who live below the poverty line has declined in the last six years, from 13 million to five million, according to a recent report by Eurostat, the EU's statistics agency.

Such a significant and rapid drop has not been recorded in any other country in Europe, wrote Polish daily Gazeta Wyborcza, which cites the data.

wbj/article-57975-poverty-on-the-decline-in-poland.html
peterweg   
30 Apr 2012
News / Poland's Economy Is Booming! The EU's Success Story? [711]

And you are still under constant fear that you can lose your job any time.

No, you are a communist aren't you?

Its terrible having to work long hours and on holiday. Every single person on the planet can have those working conditions, irrespective of their countries economy or their wages. Why should Poland be any different.

What has this got to do with the fact that Poland's economy is booming?
peterweg   
30 Apr 2012
News / Poland's Economy Is Booming! The EU's Success Story? [711]

In 1990 the unemployment rate was 6.5%, now it's 13.3%...

Employed in communist state enterprises which made no money and paid virtually nothing. You wishing back to the glorious days of communism eh?

The moment Polish wages reach a level which is no longer competitive, the moment it is more profitable to manufacture somewhere else, they will close your factories and call centers down and move on to the next country.

Where to? Poland is the second cheapest country in the EU and you know there are only 196/197 countries in the world. Capitalism works on infinite growth, whereas countries and reality are finite. Looking at the example of Ireland, 90% of its GDP growth is still there. Ireland is still a vastly richer country.

At some point Poland will be rich enough that companies will move their cheap factories and call centers (joke) abroad, leaving poor Poland like Ireland with 16k Euro unemployment benefit and 40k euro a year teachers wages. Maybe it will have a 13% unemployment rate and millions of emigrants looking for work abroad.
peterweg   
30 Apr 2012
News / Poland's Economy Is Booming! The EU's Success Story? [711]

Poland's average unemployment rate was 13.8% from 1990 to 2010, now it's at 13.3% even though millions of Poles left the country.

In 2004 it was over 20% so its gone down 7%.
peterweg   
30 Apr 2012
News / Poland's Economy Is Booming! The EU's Success Story? [711]

You still don't get it. We are not discussing whether the GDP has increased or not, we are talking about whether the success that has been achieved is long term and real, or just temporary and exaggerated by the politicians.

No we are, apparently, discussing whether increasing GDP is a sign of a boom or not. If you can provide some evidence of your counterintuitive argument, I'll be impressed. You chart showing how unemployment decreases with increasing GDP doesn't count as proof. Also, the size of the black economy v unemployment has to be taken into account.

How can politicians exaggerate a GDP increase of several hundred percent? How can such massive economic growth be hidden? how can increasing average wages and multi-million reduction in the number of poor be hidden? Could you also give an example of a country increasing it GDP, say, 400% then reducing it permanently by a similar amount, by 80%?

What be require to do this to remove this 'temporary' GDP increase? An Invasion by Russia and Nuclear devastation, obviously? Could you explain how else you could remove millions of jobs, factories and economic activity?
peterweg   
30 Apr 2012
News / Poland's Economy Is Booming! The EU's Success Story? [711]

really? you can estimate that? wow.

You do understand IT people are still in massive demand and are highly paid? There is a very large outsourcing industry in Poland where IT people are needed? that IT compnies are opeing all the time to use Polish IT skills, the pay of which makes this viable?

So we agree and the discussion is now down to the precise the definition of 'Boom'. GDP up from $200Billion to $540Billion in 10 years, up 170%. You could say earning nearly three times as much as you did ten years ago is... meh. Multiply what you earn now by 2.7 times and see.

Just left last year. Go ahead.....tell me why that's siginificant.

I wanted to know whether you were ignorant, obviously not
peterweg   
30 Apr 2012
News / Poland's Economy Is Booming! The EU's Success Story? [711]

I am educated, I speak English, have 15 years of experience in IT. And there is no job for me.
Sure, I would NOT work for minimal wage, or close to one. I have my dignity.

But not any skill worthy of employment. I wouldn't employ you after sitting on your arse for three years, anyone with any gumption would have found work pretty easy, I have NEVER been unemployed in the IT industry since leaving univercity. Software Engineers were decided as the easiest job in the world, just recently.
peterweg   
30 Apr 2012
News / Poland's Economy Is Booming! The EU's Success Story? [711]

.

Poland is simply not self sufficient and is being propped up by foreign money. take away bank transfers from Poles living in countries with currency 4 or 5 or 6 times stronger than the zloty, as well as the BUTT load of EU cash.....Poland goes to the dogs again.

EU money is 12 to 16billion euro's per year. Money sent home from overseas is about 4billion euro tops, total . Polands economy has grown from $60Billion to $540billion, so sure its a load of money, but Poland is generating a lot more every year, growth produced as much as the EU grant.

But lets do some comparisons here, the UK's decade of economic grow was entirely based on borrowed money. The US military expenditure is financed by borrowing - money that will never be paid back. Virtually every European country is similar living in lala land of other peoples money, China isn't exactly innocent and the Indian economy is going shakey.

Polands EU grants are being spent on infrastructure that it badly needs and its having a direct, visible result. I just drove along the newly (almost) built route 776 and its EU and Polish money well spent.

FUZZYWICKETS, what year did you leave poland?

Poland's economy is booming because it pulled out of the euro system before it was too late. Now it doesn't have to help Greece and Italy who are lazy.

Poland never was in the Euro and it IS helping the Euro bailout to the tune of 15billion euro loan to the IMF. Blaming Greece and Italy for being 'lazy' is simplistic, ultimately its Germany's fault for allowing it to happen.
peterweg   
30 Apr 2012
News / Poland's Economy Is Booming! The EU's Success Story? [711]

Sure it's relevant. Take a banana republic with a GDP close to zero and bring in a huge manufacturer, and watch the GDP explode. On paper it looks like a boom (or better: economic success), but in reality it's not.

Wrong, try understand the difference between stability and growth. This thread is about growth. NOT the start and end value of that growth. When you add a number to an existing value it INCREASES in value. When this concept is applied to economic growth it can be described as a BOOM if the GROWTH is much faster than the average growth.

The starting point of growth is IRRELEVANT to a economic BOOM, because at the end point of a boom the initial state no longer exists and is so far from the current reality to be completely irrelevant.

which is 4 times weaker than the euro.

If Polish people were paid in Euros, they would be four times richer, by you logic, wouldn't they? Brilliant.
peterweg   
26 Apr 2012
News / Poland's Economy Is Booming! The EU's Success Story? [711]

Poland is becoming China's location of choice for cheap production ... quite alarming, don't you think?

Yes, its terrible. Every country that attracted investment and jobs ends up poorer that before.

Wait ... thats Bullshit.

The country is only being exploited, and as soon as there are better options for the corporation, the GDP will implode again and the banana republic will return to its previous state (or worse).

You must be a communist with your distorted concept of economics.

Not a banana republic, but look at what happened to Ireland. DELL at some point was the biggest exporter of Ireland and responsible for 2% (some say 5%) of the country's GDP.

Poor Ireland, GDP up 400% since 1990. Terrible.
http://www.google.com/publicdata/explore?ds=d5bncppjof8f9_&met_y=ny_gd p_mktp_cd&idim=country:IRL&dl=en&hl=en&q=ireland+gdp