peterweg
27 Aug 2016
News / Talks on re-polonising Pekao bank under way [58]
FFS, do you live in Napoleonic times?
Governments sell bonds to investors all over the world in an auction. The interest rate is related to the risk of a government not paying it back. Poland has no trouble selling its bonds.
They do not got to a bank and ask for a ******* Chest of Gold to buy muskets and gunpowder.
What country do you live in? Have you ever lived and worked in Poland?
A foreign back in Poland is under the control of the Polish regulator, its could no more 'demand a loan' from a foreign bank than it could a Polish owned bank.
All Poland needs to do is ask the central bank to print money.. manufacture it out of paper, which is the cause of inflation and the destruction of an ecomony. Hyperinflation already destroyed the Polish economy once.
A foreign bank may turn down a government's request for a loan if said government is at war with the bank's home country.
FFS, do you live in Napoleonic times?
Governments sell bonds to investors all over the world in an auction. The interest rate is related to the risk of a government not paying it back. Poland has no trouble selling its bonds.
They do not got to a bank and ask for a ******* Chest of Gold to buy muskets and gunpowder.
People from countries who have not experienced such problems should be careful about projecting their views onto Poland
What country do you live in? Have you ever lived and worked in Poland?
A foreign back in Poland is under the control of the Polish regulator, its could no more 'demand a loan' from a foreign bank than it could a Polish owned bank.
All Poland needs to do is ask the central bank to print money.. manufacture it out of paper, which is the cause of inflation and the destruction of an ecomony. Hyperinflation already destroyed the Polish economy once.