The Euro, is it a good idea for Poland?

On paper.

The reality is that the second they abandon currency controls and let their economy function normally, they will be straight back into recession and in even more trouble. You spout so much stuff about "leftists", yet you support that most Communist of ideas, the currency control. Remember, they're also growing after a tremendous crash, which is quite normal in economics. It doesn't mean anything and the country is still saddled with a huge amount of debts that the ordinary people can't afford.


Except they didn't. It's another myth that they went after the bankers. And now their entire banking system is in the hands of foreigners, while ordinary Icelanders are stuck with ISK loans that are linked to foreign currencies, ensuring that they have no escape from them.


I think that is why it has to make sense for everyone before entry. Now is not the time, as it just doesn't make sense to abandon the flexibility of the Zloty in these times. It makes sense for Latvia to join in 2014 because their currency is already pegged to the Euro, but the Zloty isn't. Also, in these troubled times, it makes absolutely no sense to spend money trying to peg (and defend) the Zloty against currency speculators.

The debts are no longer there. The Iceland refused to tax their people to pay for the banking losses of foreigners. Doing so prevented them from getting IMF loans.


globalresearch.ca/index.php?context=va&aid=32486

What are you talking about?

The people of Iceland still have their currency-index linked loans in ISK, and these are the ones that are strangling the Icelandic people. But then again, you've proven beyond all doubt that you haven't got a clue about what's actually going on in Iceland.

The same thing can be said about Egypt and Argentina. How can they force them to pay? Some sort of international tax police?

But that is beside the point. Their path may be not perfect, in such a problems none is, but it is inmeasurably better then going down Grece's path.

The problem with euro is that the less advanced economies (Spain, Italy, Greece, ect.) cannot complete with the rest of the world. The EU free trade zone hides many of the problems but federalization doesn't work without redistribution of wealth.

Look at this map of America. Look at Minnesota and N.Mexico, most screwed states in the union. But they don't complain about it because they are a nation. Europe cannot say the same.



economist.com/blogs/dailychart/2011/08/americas-fiscal-union

This is wealth transfer in a nation with more or less equal business, labor and social welfare laws in every state. Europe does not have the same and so wealth transfer is pretty much a dead idea.

Italy and the rest need to reform their markets but that is a bloody endeavor which I doubt will happen. You would have a rich northern Europe and a poor southern Europe (much like the US actually) but without the transfer of wealth in the US. This would lead to massive discontent in the poor countries.

Don't get me wrong - if I was a German I would have no desire to save any of the Cub Med countries. They dug their own graves. But a federalized union will not work unless the Germans are willing to save the Spanish. And the Euro cannot be saved without federalization.

Basically I think the Euros days are numbered. But I could of course be wrong and everything will work out. AS a Pole I have no desire to see Europe fall into recession (or depression) just as our economy is making signs of life but I have little hope.

As a life long contractor the sign of being good is that they never want to get rid of you. They pay me because its the price I demand, you sound like the sort of twat who doesn't last very long.


Rubbish.

Did you read the IMF reports, or the report on the Icelandic banking crash (it is available in English) that he posted? Of course not, because you prefer your own fantasy to the IMF and Icelandic governments facts.

Iceland is still paying euro interest on the 5billion Glacier bonds, BTW

Read it.

studiotendra.com/2012/12/29/what-is-actually-going-on-in-iceland

You knew when they changed "Personnel" to "Human Resources" that something really sick and weird was happening to the West.

Employees used to be people who worked with you to get things done. They're now a tool to get something done with until they break. I have predicted this system will equal astonishing fail and the world right now is proving me right on all counts.

This. World. Isn't. Working.

I know my world seems incredibly strange and alien to everything that you think is normal ... and yet my world works/was working/still works for the past 500 years whereas your multicultural postmodernist utopia is listing badly and the deck chairs are sliding towards the bow. Not a good sign.

My last contract guy called me last month and told me, "We are near the end of the lifecycle for the first delivery so I have ended the network guy's contract as of Friday to save some money. My investor is trimming back his initial guarantee by about 80% in finances, he said the market is killing his money to throw around on projects like this. So Kondzior, can you administrate the network setup from now on until we reach our next milestone?"

My eyes began to silently boil in their own fluids behind my eyelids. Steam was wafting slowly from my nostrils. "I'm sorry, I think I just heard you say you fired the network admin to save some money. Can you repeat that again?"

"Yeah, I fired him. I figured you could do his job, you computer guys all know everything about all that stuff, don't you? Besides, I need the money to buy some more hardware for you to deploy."

I began to bite down on my own tongue so hard I drew blood. "Do you see anything on my resume about my expertise with Linux based servers running DSL on remote thin clients?"

There was a brief pause. "But I heard you talking the other day about thin clients. Don't you know about thin clients?"

My teeth began to extrude themselves from their own sockets and fall to the floor. "Guy, I know of them. What I know about Linux thin client management you could write on the back of a postage stamp. Are you insane? Do you have any idea of how knowledgeable that guy was? What made you think having a network admin for that position was optional? I'm programming .NET 2.0 for a Mono deployment. I know nothing at all about Linux beyond basic user file management. It's a huge subject. You could spend ten years studying and not know as much about what you are doing as the guy you just fired. Honest to god, are you really that stupid to have done such a thing without consulting me first?"

"Okay, well, Kondzior, I can see you are being resistant to learning new things, I mean I don't think that's so much to expect you to also administrate Linux servers with thin client proxy systems in addition to coding. You are not being a team player."

"You just fired the team. All you have left is me. There is no longer any team and there never really was a team, just me and the network admin. So now you have tons of Linux server hardware and no humans to put anything on them."

"I think you have to be open to new learning experiences."

"Holy cow, you're incredibly slow. It's like watching those chimps you see at the circus ride little trikes around in a circle smoking a cigar. It's so humanlike it makes you want to cry. Goodbye. Never call this number again for any reason."

So I lost my last contract work. I am already sleeping better hours for my new job.