Why has the US dollar reached almost 3.99 zł in Poland?

Ayeeeee !!!!111 (no, they aren't :)))))

Forgotten already about how Morawiecki bribed Daimler with huge tax concessions and state aid?

Great investment. Everyone agrees with that, except a tiny crowd of nasty propagandists.

Unfortunately it isn't just the corruption that is endemic within PiS at a local level that causes this problem; it's the complete ineptitude of PiS that has sent the Polish economy into freefall as we can now see.

Funny how you were full of "MAKE FOREIGN COMPANIES PAY TAXES" and now suddenly you're claiming that it's a great investment despite the fact that everyone knows that Daimler are only there because of a massive subsidy.


Indeed, the examples with land, forests and windmills shows that PiS are effectively not to be trusted when it comes to foreign investments.

Contrary to the ingenuity of PO's cronies they're the real experts how to scam taxpayers out of their hard earned money. Yes, that crowd know which side of their bread is buttered I grant you that.

Would that be PO that abandoned the independent civil service law and proceeded to appoint endless cronies to top positions?

What was that the other day from PiS? Ah yes, the manager of a football stadium is now in charge of one of Poland's biggest companies. You couldn't make it up :D

Do you think that was a mistake? I'm not sure. How did Slovakia lure or bribe Hyundai or was it Kia to set up shop? Is that the normal MO in such cases? You're the wannabe economist, so lay it all out.

It is entirely normal. The problem is that many PiS supporters, Greggy included, were very vocal against such deals being done with foreign corporations. Which is it to be?

It's not even an issue of bribery. It's as simple as offering companies significant tax concessions combined with hard cash to build the facilities in question.

Personally, I'd rather that such "investments" were only permitted in the poorest 4 provinces - Lubelskie, Podlaskie, Warminsko-Mazurskie and Swietokrzyskie. Dolnoslaskie is nearly twice as wealthy as the poorest ones - does it make sense to spend large amounts of cash subsidising more factories there when the poorest provinces are starved of investment?

It simply is a great investment that will provide many high quality jobs, potentially several times as many in a chain of local suppliers of components and services. The only one that could match it during 8 years of PO is a VW's new factory. Let's be honest, you would love to see Poland loosing this one, so you could blame it on PiS.


Like I said 100 times already, there are good foreign investments and there are the bad ones, this one is one of the best in the whole history of 3rd RP. +90% of others are either some crappy assembly lines or domestic market businesses, they deserve nothing. You first made up "they are against foreign investments !" nonsense and now try to use this made up nonsense to "justify"... something...


Anything wealthy over there is Wrocław metro and KGHM areas, there are still powiats with unemployment rate at +20%, the one where they are going to build this factory is currently at 17%. Statistics at NUTS 2 are misleading as economic development tend to be more local.

Don't forget that it comes at the expense of Polish businesses that cannot profit from very very favourable tax concessions and large amounts of starting capital. You seem to have gone very quiet about this.


Please. There are Polish companies out there that would happily do a lot with the hundreds of millions that Daimler will get.

This is just a continuation of PO-era economics, nothing more - PiS needed a propaganda boost and got it by transferring a large amount of Polish cash to a foreign company.

Bs. This is not fault of the government.

Almost all the emerging currencies devaluated in the world face to the dollar.

The iminent raise of the interest by the American Federal Reserve is making the dollar stronger.

I dont know why complete illiterate in economics speak things here that they clearly dont know. They should put a shoe in their mouths.

Very simple, really.

If PO did it, then double plus ungood!

If PiS does it, then plus good!

Any questions?

So you finally admit that "PO-era economics" was done at the expense of Polish businesses :)))) ? Dude, stop this propaganda, it's boring. There's a difference between "foreign investors uber alles, come come and exploit our cheap labor as we are so clueless that we won't survive without you, come even If you produce toilet paper, come we beg you and offer grants" line, which you supported so much and which was pretty much the core of PO's "economic strategy" and between healthy approach to foreign investments, the green-field/technologically advanced/export oriented like this one, are obviously badly needed.

Let's be honest, you simply can't deal with a fact that Daimler's choice was based on solid facts and that they didn't go elsewhere claiming Poland is "lacking democracy", "fascism is growing" and all of those propaganda ********** you come up with again and again.


Yes, care to bring up any of my posts saying that last year's new VW factory wasn't a good thing ?


That's actually the kind of strategy your crowd is using, please (kindly) don't blame me for your own childish tricks.

12 Nov 2015


21 Jan 2016


16 May 2016


What is the outlook for the next few months?

Spot on - in fact this is PiS (and those posters here, mostly abroad or non-citizens who support them) whole approach to the economy. Yes, there are interesting and scary things right now in the global economy, however the swift reversal in Poland's fortunes after a less business-friendly party took office is extreme and likely to get worse.

Curious how GBP will pan out ahead of the referendum next month...

The truth is that no one on here can accurately predict what the zloty will do. One big company building a factory here or PiS saying something crazy MIGHT only influence the value momentarily. If the current government pursues a longer-term anti-foreign investment campaign without offering workable ways to stimulate Polish business the zloty will lose value.

Some of us can get decent rates now so it's good to buy there. A low currency is good for some things and bad for others. A low currency can propel it's own value up by being low to start, just with demand for now cheaper goods to use the most basic example.

That's pretty much what is happening. The latest plans for the water tax are going to cause massive problems for food producers in Poland - it's already been made clear that Poland's advantage in this sector will be wiped out with it.

The windmill situation has already got investors saying "uh-oh..." - and it doesn't help that wages are being pushed higher and higher as Poland experiences an IT/startup boom.

Another Tax? I wonder if they will every figure out that more tax=less growth=rating downgrade=more interest to pay=less tax incomd to spend.

I doubt it, they prefer to call it a foreign scheme to destroy Poland

Here you go :

money.pl/gospodarka/wiadomosci/artykul/rzad-chce-pieniedzy-za-wode-zdrozeja-prad-i,136,0,2064008.html


Tax, tax, tax, just like I said before the election.

Low currency is good for richer people and bad for the poor because food and fuel is a bigger portion of the poor's expenditure. Food and fuel are directly affected by the exchange rate/inflation.

Mind you, poor people are poor because they are stupid, so they don understand this relationship and vote for parties who damage the economy with socialist policies.

Hello PiS.

How do you define rich and poor in this society?
$ being almost 30% higher just makes importers in Poland really miserable with there pre orders.same it benefits the exporters who made deals in $.How will it go next 7 months is really a mystery with elections in US.

There are instruments out there (hedging for example) that can protect you from exchange rate exposure.

yes but its expensive also.