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The risk of investing in Europe has risen and Poland has suffered accordingly


OP guesswho 4 | 1,274
18 Nov 2010 #31
That reads very strangely, on the one hand its a patriotic American but on the other its a Polack making classic written errors.

Another arrogant Brit statement. With all the problems we have, most of us, still live much better than you ever will and that pees you off so bad, lol Your opinion means absolutely nothing to me.
Wroclaw Boy
18 Nov 2010 #32
Another arrogant Brit statement.

This whole board is littered with arrogant statements from you love, only the other day you were asking for a campaign to get rid of one of the mods.

still live much better than you ever will and that pees you off so bad,

I like America in many ways what i dont like are arrogant fcukers like you.

Your opinion means absolutely nothing to me.

Judging by your responses i would have to disagree.
OP guesswho 4 | 1,274
18 Nov 2010 #33
I like America in many ways what i dont like are arrogant fukers like you.

and I don't like arrogant Brits like you, who still believe that you can rule the world.
I'm really proud, my country is not a part of your Commonwealth bs

en.wikipedia.org/wiki/List_of_members_of_the_Commonwealth_of_Nations

something you have never achieved and never will. Poor little English f**k

Can we have less of the personal insults, please.

Can we have less of the personal insults, please.

sure, tell him that too.
Wroclaw Boy
18 Nov 2010 #34
I don't like arrogant Brits like you, who still believe that you can rule the world.

Dont you just love the generalisations, i dont believe we can rule the world nor have i met any other Brits that believe so. What the hell are you on about?

I'm really proud, my country is not a part of your Commonwealth

Commonwealth? who gives a crap about the commonwealth.

something you have never achieved and never will.

I dont understand that post, but i suspect its something great about the US, or are you talking about yourself? either way its irrelevant to this debate. Or was it linked to the Wiki link? Listen heres a tip if you cant post anything that makes sense dont bother.

Poor little English f**k

ok then....

plk123:
YOU SHOULD NOT BE A MODERATOR.

Once you start collecting signatures to vote him off, I'm with you.

Which Moderator are you talking about here and what were your reasons?
OP guesswho 4 | 1,274
18 Nov 2010 #35
i dont believe we can rule the world

no, you can't anymore

Commonwealth?

link provided

I dont understand that post, but i suspect its something great about the US

yeah, there's something great about us getting your butts out of here.

Which Moderator are you talking about here and what were your reasons?

my personal problems with that person are none of your business
convex 20 | 3,928
18 Nov 2010 #36
The Poland zloty is succeeding due to the fact that Poland has control over it's currency.

Again, read up on my views on fiat currency in general. Countries are getting out of the dollar. The dollar is the current reserve currency, but that is changing, and very quickly for that matter. The more that countries get out of the dollar, the closer investors will start looking at the sustainability of US monetary policy.

The common people get screwed when the circulation of money is restricted as a gold standard would do. Simply put, there isn't enough gold to go around.

Comeon, that's a ridiculous argument. The prices of goods and services would simply adjust to the form of money being used.

Why would we voluntarily rob ourselves with inflation? Inflation is what screws people over. The Fed has a mandate to provide price stability. Has it worked?

I'm gonna remind all those America haters

Jesus, do you think that the dollar is headed in the right direction? Inflation isn't a problem? Huge debt+less global demand for US debt, that's just a fact. How will the US deal with funding it's deficits if less of the world is buying its debt?

It's popular these days to think because gold is a metal that it's value is more consistent than paper money.

It is more consistent...because its value is much much much more difficult to manipulate. It works as a trustworthy holder of value, which is all that money is. The Swiss Franc was stable for 80 years with nearly no inflation. Regarding the Great Depression, you forgot to mention that it was an artificial contraction in the middle of massive asset bubbles created through easy credit. Guess what, we're leveraged way higher now than we were then...

There's a great University there in Chicago with a stellar economics program.

Back to the original post, I don't do debt. Those people are insane. Commodities make a lot more sense :)

Remind me again why the risk of investing in Poland has risen?
OP guesswho 4 | 1,274
18 Nov 2010 #37
do you think that the dollar is headed in the right direction?

of course it is a problem but I know, we'll solve this problem just like we solved every other problem before. There's absolutely no need to crack on it all the time. It's not like we're the only ones who have problems, right?
dtaylor5632 18 | 1,999
18 Nov 2010 #38
Again, read up on my views on fiat currency in general. Countries are getting out of the dollar.

There was a scetch a few years ago of an american kid asking his parents for pocket money per week of 20 dollars...they agreed then the kid asked "actually, can i have that in Euro's?"
convex 20 | 3,928
18 Nov 2010 #39
of course it is a problem but I know, we'll solve this problem just like we solved every other problem before. There's absolutely no need to crack on it all the time. It's not like we're the only ones who have problems, right?

The US has never had these kinds of problems before outside of war time with other countries in such powerful positions financially. I have family and friends that are feeling the pain of their money being devalued and the Dollar losing more and more as a reserve currency every year. You can choose to ignore that, but it affects Americans dramatically. Bigger issue than immigration, terrorism, healthcare... Americans are working harder to buy less, that trend will continue. The joys of inflation.

There was a scetch a few years ago of an american kid asking his parents for pocket money per week of 20 dollars...they agreed then the kid asked "actually, can i have that in Euro's?"

Even better, gold...or, even better than that, cotton. Kid would have doubled his dollar value this year.
OP guesswho 4 | 1,274
18 Nov 2010 #40
I never denied that we have problems but you guys are blowing it out of proportions. I don't know your family and their problems. In my family everyone has a steady income and no one is struggling. Comparing with Europe, the prices here are still OK. This and that went up, that's true but when I think back how it was in Poland and Germany, we still shouldn't bit*h too much.

It's something else when an American goes to visit Poland with a loaded credit card and a wallet full of money than when he starts living there like Poles do, having the same average income, having to pay all bills etc. Like I've already mentioned in another thread, the numbers are not showing the reality of life in Poland or even in Germany.

Maybe you got lucky, I can't say anything about it as I can't prove you're wrong but I know enough people in Poland who are telling me totally different stories than you and some other PF members. Some of you, like ironside, are at least honest about it and confirm what I've experienced on my own while in Poland and what my friends are telling me on skype, almost every day.
convex 20 | 3,928
18 Nov 2010 #41
I never denied that we have problems but you guys are blowing it out of proportions. I don't know your family and their problems. In my family everyone has a steady income and no one is struggling. Comparing with Europe, the prices here are still OK. This and that went up, that's true but when I think back how it was in Poland and Germany, we still shouldn't bit*h too much.

Steady income vs loss of purchasing power. Purchasing power is on the decline in the US, at least that is what the US government tells us.

Median household income is on the decline in the US, and inflation is on the rise. Why would you compare another country or continent as a benchmark instead of using US history?

When you're indicator is growth, Poland is looking pretty good investment wise. Price stability, same deal. Debt/GDP, still looking good. Banking industry, well grounded.

The risk of investing in Europe has risen relative to what?

Like I said, I don't invest in government debt, but the indicators are all there. Anyway, I'll stick to my commodities, you can keep your dollars, euros, and zloty.
Marek11111 9 | 808
18 Nov 2010 #42
There is only one way to guard from inflation buy gold and silver and make sure to get the physical delivery
Then get rid of federal reserve and put all the bankers in jail for financial terrorism, but for that idea to work we need to have president with balls and we got neuter one.

It does not matter if you have fiat currency it matters who controls it if privet banks like federal reserve control it then you will have manipulation of it whatever you use as currency make sure gov. has control of it and then make sure people has control of gov. not banks or corporation.

Do not argue the left and right points of view ( that how the elite keeps you divided ) agree on a way to take your country back from privet banks and corporations

Who cares if republicans or democrats are in power the agenda is the same to make as much money for banks and corporations with special rules and regulation for them and punish tax payer and small business owner with more tax.
OP guesswho 4 | 1,274
19 Nov 2010 #43
Steady income vs loss of purchasing power. Purchasing power is on the decline in the US, at least that is what the US government tells us.

tell me convex, what are you really trying to prove here? Because you paint it totally black but it isn't. I live here, I see little changes but nothing drastic. Maybe in the north it is much worse than here but where I live there's no reason to panic.

Median household income is on the decline in the US, and inflation is on the rise. Why would you compare another country or continent as a benchmark instead of using US history?

why would I mess with our history? The problems we have don't really go that far behind.
The reason I'm comparing another countries with us is to show that we're still pretty much well off. You believe in numbers and I believe in what I see around me.

My opinion is that before we go down, there will be a huge number of countries before us to go down.

When you're indicator is growth, Poland is looking pretty good investment wise. Price stability, same deal. Debt/GDP, still looking good. Banking industry, well grounded.

you can see it anyway you want it (you keep repeating the same thing) and I will repeat myself and say again, the numbers ain't worth crap. We'll see about the long term stability of this "progress". The time will show.

The risk of investing in Europe has risen relative to what?

ask that Polish top manager who said it.

I'll stick to my commodities, you can keep your dollars, euros, and zloty.

how can you possibly tell what I do with my money? You can not.

You seem to be a very pessimistic person, very un-American.
convex 20 | 3,928
19 Nov 2010 #44
tell me convex, what are you really trying to prove here? Because you paint it totally black but it isn't. I live here, I see little changes but nothing drastic. Maybe in the north it is much worse than here but where I live there's no reason to panic.

That the US financial system is unsound? We've never been in a situation where the only thing keeping the government afloat is that the people printing the money are also buying its debt. That's not worrisome? It's not worrisome that countries are buying less and less US debt at a time when the US needs countries to buy its debt in order to maintain financial credibility? But, what do I know. I mean, granted the last Chairman of the Fed agrees, but ah well... I have nothing to prove about the US economy. You're right, I don't have anything to prove to you. It's just my take. I don't know what you invest in, how old you are, where you live, if you're a man or a woman. I just see a name writing things which seem to ignore the problem and pretend it's not happening, when the US has always been strong as a problem solving country, and not the lost ship that it is today. Fair enough.

ask that Polish top manager who said it.

It was analyst, and he said:

"The risk of investing in Europe has risen and Poland has suffered accordingly," said Miroslaw Budzicki, analyst at PKO, one of the 12 primary dealers at government bond sales. "In the longer term, bonds may benefit as Poland's fiscal situation is better than on the periphery but a knee-jerk reaction is to sell the longer end."

The analyst is saying Polish bonds are a short term risk for traders, and a good buy for long term investors.
Marek11111 9 | 808
19 Nov 2010 #45
When you will have the reason to panic it will be too late for you and your family.

why would I mess with our history?

you are one ignorant person who do not know anything about monetary issues and statements like this make me sad that you have a vote.

it make convex very realistic person not un-American, guesswho you started sound like the moron president we had " I am decider, I decide" " fool me ones and can't get fooled "
sascha 1 | 824
19 Nov 2010 #46
So you're admitting every Kingdom will fall but then quoting "we'll see" with regard to the US.

a) Nope. Of course it will fall.
b) Correct, it was directed to the US&A.
c) 'Kingdom" = US&A
d) My comment"we'll see" was directed to the point, who IS dreaming. You or him... ;-)
My guess it's you.

Stay on topic
OP guesswho 4 | 1,274
19 Nov 2010 #47
I don't know what you invest in, how old you are, where you live, if you're a man or a woman.

same with you, don't you think?

I just see a name writing things which seem to ignore the problem and pretend it's not happening, when the US has always been strong as a problem solving country, and not the lost ship that it is today. Fair enough.

I don't ignore anything, all I say is the we're not the only one country having problems. According to you and few others here, there's no problems in the world, only in America.

It's so one-sided point of view and this is what I have a problem with.

When you will have the reason to panic it will be too late for you and your family.

before I'm going to have a reason to panic, it will be too late to panic for very many people out there. You don't know me or my situation so why worry about me.

you are one ignorant person who do not know anything about monetary issues and statements like this make me sad that you have a vote.

I'm pretty sure you can't vote here and if then it would be a real reason for us Americans to worry about. Btw. next time before you call someone an ignorant, look in the mirror, at least you won't make a mistake in that case.

it make convex very realistic person not un-American, guesswho you started sound like the moron president we had " I am decider, I decide" " fool me ones and can't get fooled "

to begin with, YOU didn't have jack, it's not your president. Just because you maybe live here, it doesn't mean that you can talk like anyone or anything here is yours.

I told you many times, go back to your paradise and leave us alone. We don't need a anti American scum like you here. BYE !!!
convex 20 | 3,928
19 Nov 2010 #48
same with you, don't you think?

Sure.

Are you reading my posts? There're no problems in the world? When did I ever say that? Just read through this thread...

Anyway, we've already examined the quote used in the title. The lines make a lot of sense in context and article seems to be incredibly positive about Polish bonds as a whole (the last sale was successful).

Apparently the market for Polish debt is pretty strong.
Marek11111 9 | 808
19 Nov 2010 #49
6 month dollar start it's moved to total collapse, and where can I contact you so I can say "I told you so"
and me and convex will be sating with gold and silver bullion and laughing at you ignorant Americans.

guesswho:
YOU didn't have jack, it's not your president. Just because you maybe live here, it doesn't mean that you can talk like anyone or anything here is yours.

you are right he was not my president I did not vote for him nor he won the election he got less votes then Gore and supreme court handed the presidency to him by one vote then in 2004 he stole the election in Ohio as the votes went through the republican computer in Tennessee so you right he was never elected president just appointed one.

guesswho:
unlike you, I'm pretty sure you can't vote here and if then it would be a real reason for us Americans to worry about

I am a veteran of United States Army and I served in war for this country, it make me sad that I sacrifice so much for a person like you that was waste of my life but my son will not do this same mistake as I did.
OP guesswho 4 | 1,274
19 Nov 2010 #50
I did not vote for him nor he won the election

I don't care about him just like I don't care about politicians in general but I do care about my country and its people (Americans).

I am a veteran of United States Army and I served in war for this country, it make me sad that I sacrifice so much for a person like you that was waste of my life but my son will not do this same mistake as I did.

You can tell me many things, just like convex said above, you could be anyone just like the rest of us. Why would I believe what you say? Because you say so? Let's put it that way, you damn sure don't sound like a veteran of the US Army or like an American at all.
Marek11111 9 | 808
19 Nov 2010 #51
you damn sure don't sound like a veteran of the US Army or like an American at all.

I am not an American they were wiped out by white man and forced to live in reservations I was born in Poland and I am citizen of United states and a veteran of U.S. Army.

I sound like a person who is objective and points out it you may not like it but that too bad just look around the fraud that is committed against tax payer with the bail out of banks and then with EQ1 and EQ2 and foreclosure the new crisis, that said Poland is in better situation then United States as Poland is producing wealth ( products that are produce in Poland by Poles for export ) if I were you I get out of dollar and buy polish Z£
OP guesswho 4 | 1,274
19 Nov 2010 #52
I sound like a person who is objective

you like describing yourself, do you? I'm this, I'm that. Self-flattery never sounds convincing to others.
Babinich 1 | 455
19 Nov 2010 #53
There was a scetch a few years ago of an american kid asking his parents for pocket money per week of 20 dollars...they agreed then the kid asked "actually, can i have that in Euro's?"

Euro's??? You'd better ask for Deutsche Marks.
trener zolwia 1 | 939
19 Nov 2010 #54
they were wiped out by white man and forced to live in reservations

Poor Injuns. Boo-hoo. :(

Meh, they got fire water, casinos and tax-free cigarettes! :D
Pinching Pete - | 554
19 Nov 2010 #55
Euro's??? You'd better ask for Deutsche Marks.

Lol, that's going to be the "coin of the realm" alright.
OP guesswho 4 | 1,274
19 Nov 2010 #56
Meh, they got fire water, casinos and tax-free cigarettes! :D

and live better than most of us
Pinching Pete - | 554
19 Nov 2010 #57
If you can claim any Seminole indian heritage you get a monthly stipend of $10,000. Playboy had an article on it a couple of years ago.

...so if you're 1/16 Seminole you get $10k. 1/4 you get more , etc.
Marek11111 9 | 808
19 Nov 2010 #58
Euro's??? You'd better ask for Deutsche Marks.

yes the mark just might come back and the fourth Reich, the Germans will be the winner of euro collapse but Poland will be in good standings as well
Wroclaw Boy
19 Nov 2010 #59
same with you, don't you think?

I always thought you were a man. Thing is many of us here in Poland know each other i can vouch for many members on this site as they can for me. We drink beer together we visit each others houses we take plane trips. You on the other hand well you really are just words on a screen, arent you a Polish immigrant anyway? Ohh the irony......

Let's put it that way, you damn sure don't sound like a veteran of the US Army or like an American at all.

He sounds more realistic and more American like than you.
Seanus 15 | 19,672
19 Nov 2010 #60
Poland has only suffered insofar as there has been a general increase in the risk of inward investment. Poland steered a very clear and successful path for a long time but I fear that it too will be taken off down the path of loans and instability. I was discussing the Irish predicament the other day. The Celtic Tiger was very strong but has floundered due to external and, indeed, internal forces. Poland has attracted a lot of new business and secured some long-term contracts so I don't think an external whack is due for some time yet.


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