News / Abortion still under control in Poland [2986]

@Cojestdocholery
Not pro or anti abortion. I am an intelligent thinker who can easily see that no one person has any right to decide what another person does or does not do with their body. I am particularly pro life when it comes to the life of a mother with another child and husband who are now a widower and motherless because of this ignorant law. A law founded in the belief of a zealot who has never been married and never had children. WTF is anyone doing following this kind of person who speaks on things with zero life experience in those things?

News / Abortion still under control in Poland [2986]

@Cojestdocholery
When a mother dies leaving behind another child after the child she is carrying is already determined to definitely not survive, the person making the laws allowing for this death should be charged with murder. The doctor who did not have the balls to save a life should be charged with murder. And religious zealots who think it is ok for the government to mandate what is right or wrong in this issue should be forced to endure this exact type of situation with their mother, daughter or child.

News / Abortion still under control in Poland [2986]

@Cojestdocholery
And if you were the doctor making the decision you should be held responsible for the death of this woman. Pretty simple when a doctor takes an oath to do no harm. When the PiS retards enact laws that cause people to die they should be held responsible. It is no different than pulling a trigger of a small arms weapon and waiting for someone to bleed out.

News / Abortion still under control in Poland [2986]

When doctors live in fear of prosecution the government has over reached. When people die because of doctors inaction due to fear of prosecution, the government who made the laws responsible for the death, and those that advocated for the law should be charged with murder. And it only took a year for this to happen. I wonder how many deaths not accounted for due to back room abortions?

News / Abortion still under control in Poland [2986]

@Cojestdocholery
The story is true. If you were in Poland you would know because even the Catholics are outraged.

News / Poland highest inflation in 20 years [319]

@johnny reb
My business is not sporting goods. And no, my views are not from my pocketbook. I have multiple business in different industries and when one may be low the others are usually high. I mentioned sports because I have friends who have pulled their children out of sports participation because the costs are getting too high, and they did not take a holiday this year for the same reason. No worry for me though, I really enjoyed Spain.

I did actually get an electricity bill for one that was considerably higher. So yes, it will effect everyone. Hyper inflation world wide is not my concern. My concern is the people on the street that make economies move. The small business owners, and those employees who we can not survive without. Big business is not what drives the global economy and it never has been.

Some small countries are flat on growth and some are actually still growing. Most are poorer countries to begin with, but they positioned themselves to rely on small business out of necessity and it is helping them get through the crisis.

Poland, and this is a Polish forum, is not helping the small business owner and the government is not making good fiscal policy. Does it make sense to force small business to close if they can not pay the rent when the same government forced them to close their business without financial backing to get through the closure? When all the big money went to big state owned corporations?

Does it make sense that the state owned gasoline companies did not lot prices when oil was at historic lows, or during the lockdowns? They gouged the consumer in Poland and enjoyed record profits while people lost real business and real jobs. In the US gas prices fluctuate with the price of oil, not in Poland.

The world is in a position of change. Change is always painful even when it is a good change someone is going to experience pain. The question is, when will the world leaders actually step up and look at the people they allegedly represent, not just in Poland, and when will those "leaders" actually do things for the benefit of those people?

PiS in specific, is loosing grip. The Polish Deal will be their demise within 12 months of its passing, when ever it eventually passes. The EU fight has shown they are not smart enough to put the money for the country ahead of their own internal beliefs. Though I think personally they may be right in their stance, it is still a stance that places people in danger of not receiving what they have expected and was promised.

News / Poland highest inflation in 20 years [319]

@johnny reb
PiS has nothing to do with the world meltdown, and the whole world is not melting down. PiS has everything to do with the current and oncoming fiscal disaster.

I have no beef with PiS at all when it comes to their social agendas on immigration and things. I support a lot of their agenda. But as a business person, these guys are clowns operating a bank with a printing machine. They have no clue what they are doing. Keep throwing ideas at the wall and see what will stick.

News / Poland highest inflation in 20 years [319]


That was interesting actually. I dont bring religion into things though, personal belief should not influence intelligent discussion.

While you are right, inflation is everywhere. Other bad fiscal policy is not everywhere, and I am talking about Poland. These are my observations and what I see personally, not what other people tell me they saw.

News / Poland highest inflation in 20 years [319]

@Strzelec35
Fiscal liberal not social liberal is essentially communist. Depend on the state and the state will provide. Didn't work out so well the last time it was done here.

When every day citizens start changing their spending habits because of prices rising to the point where they are willing to sacrifice a vacation, children's sporting activities, classes for the arts that are extra curricular you are starting to see a real problem with personal finance. These things are happening in Poland now.

News / Poland highest inflation in 20 years [319]

@johnny reb
Lets stop using liberals and general labels because under your definition PiS would be a liberal party.

PiS is to blame for all the other bad fiscal policy. Hyper inflation is just a symptom of all that is happening, not simply COVID.

Cars are too expensive because of entitlements the automakers promised to people who can retire at 55 and milk the payments for 20 or more years and free health care. Advertising and executive pay is also a big problem.

Banks and executive pay, with golden parachutes are a big problem. All of this mirrors the problems set up in Polands state owned corporations that are being fleeced by cronies. PiS is a disaster because of stupidity and bad timing. If not for the virus, the bad timing would have allowed for a continued period of more bad fiscal decisions.

News / Poland highest inflation in 20 years [319]

@pawian
Paradise was not promised, but paradise is what people thought they heard. This is a comprehension issue and it is systemic throughout Poland on many issues. Paradise does not come from 500+ or an added pension payment. But people in the countryside thought it would be a huge difference, and for some it was. Now though it means nothing with this inflation, all that money is worth nothing.

News / Years of Poland in the EU - assessment of pros and cons [1199]

@Tacitus
In the end, it is always people, the citizens that are the last line of defense. There is not a single autocratic government that has survived the test of time. Poland is a net receiver of EU money, seeing that go away will hurt. Inflation will rise more sharply and more quickly.

That said, PiS days are numbered. They have been for a while now. COVID will be their undoing, and if not for COVID I think people would have continued to fall for the free money for votes for at least another cycle. Now though the free money can't buy anything, and wont be effective. Coupled with the EU strife, and continued closure of business owned by families you have the perfect storm to end PiS rule.

The Polish Deal will be the final nail when tax revenues to cities are reported before the 2023 elections and services have to be cut. It is going to get worse before it gets better in Poland.

News / Years of Poland in the EU - assessment of pros and cons [1199]

@Tacitus
The Pound is stronger than the Euro, and England looks to be doing fine. Poland though is not England, and leaving the EU and the money would be damaging. That said, elimination of 23% VAT could reduce the impact and spur the growth of tourism. VAT is a crushing tax for consumers and business alike. Not convinced the EU experiment is good or bad, but it is definitely complicated and a political disaster.

News / Poland highest inflation in 20 years [319]

@Cargo pants
The self service restaurant in Krakow, near plac dominikanska was there since 1890. Closed and empty now. Sick to my stomach to see some of the devastation, and more is coming.

News / Poland highest inflation in 20 years [319]

@Cargo pants
Looking like the zloty will be 4 for 1 USD in the next day or so. 10% loss in the last few months. That could escalate as well. If the EU does hold back funding from Poland, we could see things get very bad before the end of the year or early in 22.

News / Years of Poland in the EU - assessment of pros and cons [1199]

@mafketis
Thank you Maf. COVID fear, is the tool of the left or the Democrats depending on where you live. I fell for it at the beginning watching news from USA. After living it though, I am no longer buying the fear. All the panic has not done much. Virus still spreading and mutating, vaccine keeps you from dying in most cases but you can still get sick and still spread. So what, lets move on already.

News / Poland highest inflation in 20 years [319]

@Novichok
It is also caused by poor fiscal policy, and bad investments. Coupled with cash giveaways, and printing money during lockdowns is exactly what I said it would be a year and a half ago. I said it would be a financial disaster and it is. Now toss in no new EU cash for the time being, and Poland is in trouble. Dont get me wrong, I am not buying what Tusk is selling either. This inflation though was completely predictable.

News / Years of Poland in the EU - assessment of pros and cons [1199]

@pawian
Isn't it the leftists provoking the COVID fear?

News / Years of Poland in the EU - assessment of pros and cons [1199]

@Strzelec35
Poland would be better simply based on infrastructure. Thanks to all the EU money, the roads, rails and supply chains in Poland is really very good. The 2 lane highways suck, but the road conditions are great. Poland also has more housing, and better housing. While Poland is not a powerhouse in many areas, Putin would see the land mass, and the idea of getting Poland away from the EU and NATO would be such powerful propaganda he could not resist.

News / Years of Poland in the EU - assessment of pros and cons [1199]

@Korvinus
I dont know about that. Putin would much rather take Poland from the EU and NATO and would poop all over Belarus to get it done. Belarus has nothing to offer over Poland. Even Poland without the EU is much better off than Belarus and the Ukraine and they really want the Ukraine. Lukashenko could end up in a ditch somewhere if Putin grew tired of him, he is a bad press magnate. Putin doesnt need him.

News / Years of Poland in the EU - assessment of pros and cons [1199]

@mafketis
Dont think for one second that China wouldn't love to get an edge in central Europe. Money from Russia, I dont think so. Maybe gas though at a very cheap rate?

News / Poles say a big YES to our European Union [996]

I can see the EU having problems in their own court with this. The Polish ruling is not all encompassing. The ruling really just effects laws not covered by existing treaties. The EU can not retroactively or unilaterally make laws without unanimous consent. Merkel, from the sidelines now, is calling for compromise, I think because she is thinking these same things.

News / Poles say a big YES to our European Union [996]

@amiga500
Have to agree. That is pretty clear. I am a federalist when it comes to the law, and black and white with plain meaning is easy to understand. This actually support PiS argument and the EU could be forced to just accept things.

News / Unfulfilled promises by PiS [559]

@amiga500
PiS doesn't have the ball$ to take Poland out of the EU, I think even you would agree with that. There wouldn't be demonstrations, there would be riots, and people would leave Poland by the millions for other EU nations.

As for the wager.....Betting on a date for EU funds to be released doesn't make much sense. Betting on funds to be released only after a certain judicial arm in Poland is disbanded is what it will take to get the money. So come up with something along those lines.

EU wont be backing down on the money this time. They have been pushed into a corner, in part by their own actions and inaction previously. Holding on to money is really the best weapon they have. Make Poland change or make PiS hurt the economy more and force political change in elections because of the money. Always follow the money.

News / Unfulfilled promises by PiS [559]

@amiga500
PiS are communists. They are traitors to Poland if you want to label traitors. They sell out their citizens regularly.

News / Unfulfilled promises by PiS [559]

PiS and their amateur economic ideas. First they raise interest rates, knowing the courts will make the ruling on EU law, hopping that it will slow inflation. Not thinking that the court ruling will see the EU will then slow or eliminate funding from the COVID recovery funds, arrogantly saying that Poland doesnt need those monies because they can recover on their own. Not thinking though that the new Polish Deal is almost completely funded by those EU funds. Now without that money, another PiS promise of the Polish Deal becomes less likely to happen.

The zloty is now getting pounded by people shorting the currency. Inflation, due to lack of EU funds will continue to rise, and interest rate hikes will do nothing to stop it.

Honestly, I understand the PiS stance on supremacy of Polish law, and somewhat agree with it. They are handling this completely wrong and showing the world just how stupid this leadership really is.

News / Unfulfilled promises by PiS [559]

@Novichok
As did PiS lack of preparing for last spring.

News / Unfulfilled promises by PiS [559]

@Strzelec35
Extreme left is MSNBC and NBC. CNN is left, but not as far. This discussion is about the economy not immigration. On immigration I am definitely far right. On the economy I am a centrist.

Ukrain's are to Poles what Poles were to Brits a few years ago. So what. Everyone is biased or racist in some way.

News / Unfulfilled promises by PiS [559]

@amiga500
Your arguments are as predictable as the zloty. Three times a year I can make money just on currency. Because the Polish government and economy are that predictable.

Your comments about the past are not indicative of the future. Projections for the last year have completely missed. There is no foreign money coming in and if there were we would see it on the ground. It is gone. No one with real money wants anything to do with PiS policy. The political landscape is too volatile. Real money is not a few million bucks either. That's just regular business people, and they are also staying away.

You and several others like to tie political general policy to everything. I dont gaf about PiS or PO. I know where the money is, and where its going, and it isn't in Poland.

Certainly the pandemic has played a part, and the management of the pandemic by PiS, their other stupid policies, bad fiscal policy to be specific, are what is keeping real money out of Poland. Poland pi$$ed off the wrong groups with their challenges to licensing, and all the rule of law BS with the EU. These are real issues impacting investment. Cheap labor here is going away, and call centers have been leaving for India and Indonesia. Huge office vacancies to go with those job and tax losses as well.

People who actually have a stake in the economy will tell the truth. Unless you are in the grocery business, you dont have a whole lot of hope for growth, and if you are in the grocery business, your growth will be limited do to inflation.

News / Unfulfilled promises by PiS [559]

@amiga500
Not a PO supporter either. You really need to get a grip on your extremism thinking. I provided proof on inflation in the ING bank statements made public. But here is more:

menafn.com/1102901036/Inflation-in-Poland-continues-unabated-could-near-7-in-December&source=30

Since you like conservative outlooks on the subject and you like Goldman try this one:

biologyreporter.com/goldman-sachs-another-revision-of-polands-inflation-outlook/

A decent summary is also here:

thefirstnews.com/article/inflation-exceeds-expectations-prompts-post-pandemic-recovery-concerns-25085

As for VC, and investment, you would actually know things if you were in Poland and moving in those circles of people who are involved with VC. You are not and do not.

These conservative reports when viewed from street level, in the real practice of business development and investment, are still on the low side. Deliberately low to not create panic.

Money is not flowing into Poland. The world view of Poland is taking a beating for any number of reasons on the extreme political left. But the facts are that those lefties also control a lot of cash, and when you offend them, they spend it in other places or not at all.

In the business community there is a quiet restlessness. You can actually feel the tension in meetings where people are now afraid to commit to projects and investment. Decisions are delayed over and over. Traveling this country, more and more family business are closing and unable to recover. Some money is gone and never coming back. PiS knows this and it is why they have not forced more lockdowns even when numbers of COVID are accelerating. Another lockdown would push Poland over the edge financially.

The strength of currency is a direct indicator of how the world views a country. Poland has lost 10% value of its currency in the last 2 months or so. That is a statement.