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Poland's Economy Is Booming! The EU's Success Story?


peterweg 37 | 2,309
30 May 2012 #481
WB

Someday you will come up with a valid argument instead of a personal attack.

Someday.
Wroclaw Boy
30 May 2012 #482
You call that a personal attack! you aint seen nothing yet. However in keeping with your theme, someday you will begin to realize the pearls of wisdom within my words.

Someday
milky 13 | 1,656
30 May 2012 #483
In my kitchen right at this very moment is a Polish person related to my wife who we are helping set up in the UK to escape Polish poverty.

This would be my view and experience as well. There are lots of people driving cars for the price that some people have taken out 50 year mortgages.
urbanlegend - | 24
30 May 2012 #484
GDP increasing as opposed to shrinking. A "success story" compared to the most of Europe. It's all relative - hardly booming for fukksake.

People still leaving for a better life.
sascha 1 | 824
31 May 2012 #485
Missing Out Some Poles Left Behind Despite Economic Success

Poland, one of the hosts of this year's European Football Championship, has been booming thanks to a rigorous modernization program. But not everyone is benefiting from the economic success. With rents climbing and the elderly complaining about lower pensions, resentment is on the rise.

spiegel.de/international/europe/poor-lose-out-in-poland-s-economic-miracle-a-835931.html

first the praise and now the critics. typical west style ;)
peterweg 37 | 2,309
31 May 2012 #486
first the praise and now the critics. typical west style ;)

Better than your commie fantasy good news stories.

"I don't see why I have to get such a low pension just because the communists ruined the economy," he says, gesturing in the air with his hands.

Err, what? Sounds like a communist entitlement attitude. If I tell him his pension is so low because he's a lazy bastard who should have got a better job would it make him feel better?
gdyniaguy 1 | 281
31 May 2012 #487
Peterweg!!!! still no comment? are you trying to get through to Tusk's mates to get an answer?
peterweg 37 | 2,309
1 Jun 2012 #488
Poles are getting poorer

1st June 2012

Poles are becoming poorer, reported Rzeczpospolita. Their incomes are rising slower than prices and an increasing number of people are living in poverty.

Last year, for the first time in six years, incomes did not grow as fast as prices did, according to recent data published by the Central Statistical Office.

A Pole's average disposable income in 2011 amounted to zł.1,227 per month – 1.4 percent lower than during the previous year, when adjusted for inflation.

Moreover, for the first time, after six years of improvement, the number of people living below the “absolute poverty” line has risen to 6.7 percent of the population.

“Up until this moment, our society has been growing richer and the number of people living in poverty has been reducing. The latest data show that process has been halted,” said an economist from the Warsaw School of Economics.

Grzegorz_ 51 | 6,148
1 Jun 2012 #489
Poland is around the middle regarding productivity in case of ex-communist, which are now EU members and much over average If you mean all ex-communist countries.
milky 13 | 1,656
1 Jun 2012 #490
much over average If you mean all ex-communist countries.

and standard of life for the average Poland?? above, maybe Romania, Bulgaria,,,,,,,,?
pawian 223 | 24,567
2 Jun 2012 #491
In my kitchen right at this very moment is a Polish person related to my wife who we are helping set up in the UK to escape Polish poverty.

Probably my student who cut school, didn`t read a single book and displayed a total reluctance to studying.

Sorry, it isn`t my fault, though sometimes I do blame myself for not being able to infuse some knowledge into those hopeless guys.....
Ironside 51 | 12,439
2 Jun 2012 #492
Sorry, it isn`t my fault

Everything is your fault that is obvious !
Stop piking on people and go to bed you fusspot!
hague1cmaeron 14 | 1,368
2 Jun 2012 #493
Poland is booming for peterweg and his foregn related income, its also booming for cmareon and his family of Doctors. But speak to normal Polish people on the street and its a different story.

Big deal, as my old school motto says "Palma Merenti" or in the immortal words of Stefan Batory: 'Disce puer latine, ego te faciam mości panie.'

Or alternatively if you are a fan of musical comedy, as the old Gilbert and Sullivan favorite goes: stick close to your desks and never go to sea, and you all may be the rulers of the Queen's navy.
4 eigner 2 | 831
2 Jun 2012 #494
Poland is booming for peterweg and his foregn related income, its also booming for cmareon and his family of Doctors. But speak to normal Polish people on the street and its a different story.

OK, I have to agree with you here.
peterweg 37 | 2,309
2 Jun 2012 #495
and standard of life for the average Poland?? above, maybe Romania, Bulgaria,,,,,,,,?

And your point is? The world is changing fast.
Until this year Poles have been getting richer, faster than any western country. Countries like UK and Ireland are now getting poorer faster that Poland.
milky 13 | 1,656
2 Jun 2012 #496
Countries like UK and Ireland are now getting poorer faster that Poland.

lol, this line of logic is false.
Minimum wage is 4 times higher in Ireland,the dole(with rent allowance) is 12000 euro a year,in Poland the average industrial wage is 7500euro.. you cant compare whales with oranges.
Avalon 4 | 1,067
2 Jun 2012 #497
the dole(with rent allowance) is 12000 euro a year

Will it be the same when the have to find another 11 billion in cuts next year?
milky 13 | 1,656
2 Jun 2012 #498
very true, the sh1t has yet to hit the fan in Ireland and most people actually think things couldn't get any worse than they are;funny how the Irish have such short memories,it's as if the 80's were a century ago..

My point is, Poland as it stands now for the average worker is a lot sh1ttier.
peterweg 37 | 2,309
2 Jun 2012 #499
My point is, Poland as it stands now for the average worker is a lot sh1ttier.

And 20 years ago it was 100 times ****tier. The question how is it going to be in ten years time.

One crucial issue you fail to take into account is that Oil prices have risen 300% in than decade. If Poland currency had not risen and wages with it Poles would have been a hell of a lot worse off than they are now.

The Western World is in the worse economic depression in modern history (maybe the various plagues were worse?). Poland is doing relatively well and recovering from 50 years of communist economic calamity.

Feel free to dwell on how **** life was under communism and how it will never get better. But it will, something you can't be certain about the UK and Ireland.
milky 13 | 1,656
2 Jun 2012 #500
something you can't be certain about the UK and Ireland.

I doubt the UK will ever be as f0cked as Poland,maybe in an end of the world,mad max scenario.
peterweg 37 | 2,309
2 Jun 2012 #501
You are ignoring the effect of the economic crash, which you seem to perfectly aware of when it comes to the price of houses.

Then again you don't seem to be able to calculate the effect of multiple year falls or rises in GDP and wages. Just as house prices aren't going to fall 50% in a year but may well do so in five years, a small fall in GDP very year for a several years running has a big compound effect. China is a prime example of a rising economy which has over take the Uk in a period of decades. A few percent per year soon makes a massive difference.

And Poland is ****** is it? really? tell that to the companies who are moving here. Everything in Poland economic numbers is positive comapaired to the rest of the EU-27.

The UK, Ireland, Italy, Spain, Greece, Portugal, France and the rest are ******. Poland, less so. Can you give any worse financial situation than whats facing most of Western Europe? I can't.

I'd even say the collapse of the Euro would benefit Poland in the long term as Germany would have to offshore production to low cost area if it got he DM back, if it setup the New Euro, Poland would obviously be a founder member if it choose - a win-win.
milky 13 | 1,656
2 Jun 2012 #502
And Poland is ****** is it? really? tell that to the companies who are moving here. Everything in Poland economic numbers is positive comapaired to the rest of the EU-27.

that's like saying"show me a rich man that is starving of hunger"

I'd even say the collapse of the Euro would benefit Poland in the long term as Germany would have to offshore production to low cost area if it got he DM back, if it setup the New Euro, Poland would obviously be a founder member if it choose - a win-win.

Lot of wild speculation there,, who knows. If the **** hits the fan ....................................
Some people think Poland will fall into the hands of Putin, if the euro collapses,
I'm not sure of the future, but I'm sure the Germans should be told to f0ck off, especially from an Irish perspective.

youtube.com/watch?v=oAR0VRLRGHE
Wroclaw Boy
2 Jun 2012 #503
actually shes a highly qualified nurse who's been working for the NFZ and other hospitals for over 10 years, her hospital was recently privatized and she was told to take a 20% pay decrease or take a run and jump.

Her husband is a transport engineer (locomotives) again working for the same company for over 10 years, he wasnt paid by his employer for about 5 months, hes coming to the UK as well.

They have two children aged 8 and 13, all of them are coming to the UK to escape poverty. They're English is not great so they will probably have to pick fruit or something.

Polish reality? they will just join the 850,000 already here.
sascha 1 | 824
2 Jun 2012 #504
I'm sure the Germans should be told to f0ck off, especially from an Irish perspective

why that? now that angela drives a financial restrcitive policy all are yelling that's no good. what do you folks want? no eu? no euro?

ok. fine by me, but that would have massive consequences and i am not sure how many countries would be able to take that hit.

correct is, that there is a lack of change, real change in the eu. the structures of power should remain the same like now, but that is hardly possible, if one after the other 'weaker; one stumbles and eventually falls...

angela wouldn't have anything to govern anymore. so, point is how much patience to the people have who actually pay the bail outs, the people with their taxes. when they start to get nervous, it's over and in some countries it's already over.
gdyniaguy 1 | 281
4 Jun 2012 #505
And Poland is ****** is it? really? tell that to the companies who are moving here. Everything in Poland economic numbers is positive comapaired to the rest of the EU-27.

Hi Peter

yes the work is flooding in. You ignored my email regarding employment in Poland. Since 1999 an extra 100,000 Poles are in employment! It works out at about 0.8% of the working population and the majority of these will be in low skilled cheap factory jobs. This compares to the likes of Estonia who over the same perion has risen 8% and the EU as a whole 1.1%.

Polands economy is based on handouts from the EU, a cheap workforce (not highly skilled), foreign companies want cheap labour (not home grown companies) and the import of the Pound from the million or so that are working in the UK. Take any of these away and the whole 'house of cards' will come tumbling down. Poland isn't developing at all!
peterweg 37 | 2,309
4 Jun 2012 #506
lol, this line of logic is false.
Minimum wage is 4 times higher in Ireland,the dole(with rent allowance) is 12000 euro a year,in Poland the average industrial wage is 7500euro.. you cant compare whales with oranges.

You don't understand the concept of growth/change/recession, do you? Ever looked at a clock and tried to understand it?
gdyniaguy 1 | 281
4 Jun 2012 #507
Mr Peter

loves to ignore the facts!!! unless given to him by a polish government official!
peterweg 37 | 2,309
4 Jun 2012 #508
Poland GDP: keeping out of trouble

Poland's economy continues to outperform most of the rest of the EU, although there are some signs that the eurozone crisis is starting to have some impact.

Data released on Thursday show that the country's GDP grew by an annual 3.5 per cent in the first quarter. The result was broadly in line with analysts' expectations, and down from the the final quarter of 2011, when the economy was growing at an annual pace of 4.3 per cent.

The main factors driving the economy were internal demand, accounting for 2.8 percentage points of growth, investments, accounting for 0.8 percentage points, and exports, responsible for 0.7 percentage points, said Poland's statistical agency.

blogs.ft.com/beyond-brics/2012/05/31/poland-gdp-keeping-out-of-trouble
bullfrog 6 | 602
4 Jun 2012 #509
The real short term dangers come from abroad – we do not see anything internally that could harm us,” he said.

Couldn't agree more
kieran - | 3
4 Jun 2012 #510
Hello, certainly as I see it here based here in JHungary, Poland is the country of the 10 accession countries of 2004 that has benefitted the most from the opening up of new export markets, your dairy industry has benefiited greatly and also your beef and probably pork industry also.


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