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Will Poland survive when the US crashes

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posts: 57

FUZZYWICKETSThreads: 12 Posts: 1,997 Joined: Nov 3, 09 ♂	Aug 4, 11, 19:43 #31
LwowskaKrakow wrote: NO, I think France is the biggest foreign investor in Poland( Leroy Merlin Auchan Cap Gemini Air Liquide Carrefour Castorama) not Germany. don't forget the banks.....

warszawskiThreads: 60 Posts: 2,385 Joined: May 21, 10 ♂	Aug 4, 11, 20:46 #32
NO, I think France is the biggest foreign investor in Poland( Leroy Merlin Auchan Cap Gemini Air Liquide Carrefour Castorama) not Germany. You may want to look at this article http://inwestycje.pl/inwestycje_zagraniczne/inwestycje_zagraniczne__pr ognozy%3b115763%3b0.html

Foreigner4Threads: 22 Posts: 1,984 Joined: Nov 18, 07 ♂	Aug 5, 11, 03:02 #33
I find it difficult for anyone to say that Poland wouldn't feel it if the USA crashed after you all just got finished pi$$ing and moaning for the last 3 years about the exact opposite. can anyone reasonably dispute this? it's a fair comment that seems to have been untouched...

PennBoyThreads: 157 Posts: 3,440 Joined: Dec 7, 08 ♂	Aug 5, 11, 03:39 #34
US crashes Don't worry about the US it's got educated minds from all over the world it will come up with something.

♂

Edited by: grubas Aug 5, 11, 03:44 #35

What a stupid OP question.Absolutelly dumb.
Will Poland survive when the US crashes?Yes, Poland will survive.Poland survived worse disasters than that.
Will Poland be affected by US crash?Yes,Poland will be affected by US crash,just like the rest of the world.It's not a rocket science.
No sane person would dispute that Poland's economy won't feel more or less pain when the US crashes.That's out of question.How painfull for Poland is this going to be?Well,who knows?I am not even going to try to answer that,I just don't know.
BUT I am concerned with the question WILL THE UNION SURVIVE US CRASH?Lets be honest the recent debt ceiling battle did not fix nor even offered any solution to US problems.None,null,nada.Reducing DEFICIT (and nobody even talks about trying to reduce the DEBT) by what?,2T over 10 years is a drop in a ocean and to be honest it's a ******* JOKE.In 2013 US will be in exactly the same spot only with a debt a couple of Trilions higher.All the administration does is kicking the can down the road.
If Americans want to be serious about the debt they need to IMMIDIATELLY ELIMINATE NOT REDUCE budget deficit.And then and only then they can tackle the DEBT issue but they act like they want to eat cookie and have cookie.It don't work that way.

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Aug 5, 11, 03:58 #36

If Americans want to be serious about the debt they need to IMMIDIATELLY ELIMINATE NOT REDUCE budget deficit

The US have lived so well on borrowed money for so long, I doubt they would cope with a reduction, so say a increase in the suicide rate or more wars!!

What a stupid OP question.Absolutelly dumb.

Grubas, maybe not, when the downturns strikes you will be undoubtfully worse off, you will probally shed a few kilograms hence a need for a name change...Skinny might I suggest.

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Aug 5, 11, 05:07 #37

I don't think that the USA would crash any time soon. Of course - at this moment there is a huge deficit and the whole country living on the borrowed time and borrowed money.

I am sure that sooner or later they would come up with the solution. Like saying to China "Forget what we owe you or else we would nuke you!"
(Or something along this line)
Or demanding from the countries with American bases (Germany, UK, France,Japan etc) a money for "protection. :-)

Economically the USA is weak like a sick man. Nonetheless their military is still most powerful in the world.

Ju Ju bee

Aug 5, 11, 07:30 #38

People who say the US will recover must believe in fairies, the reality is that the US has a debt that it cannot repay, made worse by high unemployment, This is the second time in 2 years that the US has increased its funding level, consider this... out of every 10$ spent (committed ie pay pensions.health etc) 3$ has to be borrowed. Forum members can draw there own conclusions.

To run a business or a country one has to borrow money. It can't be avoided. For instance when Ford designs a new car they have thousands of people involved in designing the car, designing the assembly line, etc. That process takes money as the car is not making any money yet as it isn't in production. The same for countries, they also need to borrow to run the government as tax receipts do not come in every time they provide a service.

The problem with the States is the Economy. The debt follows the economy it's not the other way around. The Euro will collapse before the United States. Heck, we held elections during a civil war, we'll survive this. This is a piece of cake.

♂

Aug 5, 11, 08:04 #39

You must be US "educated" person.Aren't you?

wielki panThreads: 3 Posts: 278 Joined: Jan 7, 11 ♂	Aug 5, 11, 10:21 #40
[quote=grubas]You must be US "educated" person.Aren't you? Grubas, please state your argument on this topic or go elsewhere...you seem to know nothing about everything.. What is your point???

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Aug 5, 11, 10:32 #41

The problem with the States is the Economy. The debt follows the economy it's not the other way around. The Euro will collapse before the United States. Heck, we held elections during a civil war, we'll survive this. This is a piece of cake.

what is a wartime election in comparison to a breakdown of state finances - and guess what - one day noone is gonna buy the US bonds anymore if the things develope as they do now - that day America will collapse - I don't point a finger at anyone saying they are to blame (but hey Iraq and Afghanistan cost millions everyday)

SzwedwPolsceThreads: 13 Posts: 1,915 Joined: Feb 21, 09 ♂	Edited by: SzwedwPolsce Aug 5, 11, 16:42 #42
I just hope that the leadership of Poland, is better than what we here in U.S.A. now have. There are 2 main causes of the economical problems in the U.S.A 1. PEOPLE in the US have borrowed way too much money. This started DECADES ago. 2. U.S.A. (G.W. Bush) has spent enormous amounts on 2 wars. It was money that the country didn't really have.

CrowThreads: 367 Posts: 7,316 Joined: Feb 14, 07 ♂ [Suspended]	Edited by: Crow Aug 5, 11, 18:01 #43
Will Poland survive when the US crashes of course. Poland survived downfall of many empires.... Napoleon, Ottomans, Austro-Hungaria, Third Reich, Soviet Union

PennBoyThreads: 157 Posts: 3,440 Joined: Dec 7, 08 ♂	Aug 5, 11, 20:17 #44
downfall of many empires Empires have been know to fall when they're show too much weakness by giving too much freedom to the people. Maybe what the US needs is stricter laws on corporations and some on the people as well.

FUZZYWICKETSThreads: 12 Posts: 1,997 Joined: Nov 3, 09 ♂	Aug 5, 11, 22:08 #45
PennBoy wrote: Maybe what the US needs is stricter laws on corporations about that.....simply make them pay the taxes they owe. The top marginal tax rate in 1981 was 70% for top earners. It's now 35%. No mystery where all the money went.

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Aug 5, 11, 22:29 #46

The top marginal tax rate in 1981 was 70% for top earners. It's now 35%. No mystery where all the money went.

The less tax onto private sector the closer to capitalism/liberalism in economy which is the main philosophy of USA. In ideal, state doesn't tax any private sector and market runs everythings in itself in a closed economy system.

The more tax onto private sector means the closer to state economy system which can be called communist economy system which is against the USA logic.

By the way, it was Republican's business politicians who requested tax cuts more. It was Bush admin that did that. Sure, it was supported by liberal economists too as their economy understanding is capitalism/liberal market.

Economy systems of countries in the world today are in between capitalism/liberal economy and communism, with changing degrees depending on the country.

Poland survived downfall of many empires.... Napoleon, Ottomans, Austro-Hungaria, Third Reich, Soviet Union

Crow, there is one empire in the world now and it is Britain.
USA is not different than Russia, both are federation of states.
Today, Russia's character is more empiral than USA's after Obama.
Russia been trying to spread to Europe. We know Georgia. We know Russia's pressure on Belarus. Etc.

MEMBER ♂

Aug 5, 11, 22:38 #47

Lets look at it another way: All outside businesses stop importing into Poland period. No export, no import - period. The Poles are an extremely resourceful nation they can make a tractor last 20 years after the US would have scrapped it. Plus most of the people grow their own vegetables and have access to live stock.

Theyd be just fine, if the monetary system collapsed tomorrow i reckon the Poles would sustain themselves mostly as they did before money and probably better in many cases. Oil, fuel wouldn't even be an issue as they know how to work hard and harvest the land themselves if need be.

The Polish people could survive anything, Barr an ecological disaster.

the only thing they'd really need is a few decent machine guns to keep the friggen Germans out.

♂

Aug 5, 11, 22:50 #48

USA has much bigger potential to survive without importing&exporting anything. Huge lands, dynamic young population, etc. USA will import only oil. It doesn't even have to do that. In their 10% of farmable waterless lands, if they farm canola plant which doesn't require irrigation really, their oil need can be met by biofuels. Also, sunny and windy country, so, USA have big potential of renewable energies. Resource based economy is much more suitable for USA than most of countries in the world. But, they will still need money, to run the economic relations within the country even if they close the country borders totally. So, resource based economy has nothing to do with monetary system which is something else totally.

f stopThreads: 33 Posts: 2,861 Joined: Dec 9, 09 ♀	Aug 9, 11, 04:46 #49
S&P still has a triple-A rating on Australia, Austria, Canada, Denmark, Finland, France, Germany, Netherlands, Norway, Singapore, Sweden, Switzerland, and the United Kingdom. So what does that mean? I should buy Australia's government bonds?

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Aug 9, 11, 05:20 #50

The Poles are an extremely resourceful nation they can make a tractor last 20 years after the US would have scrapped it. Plus most of the people grow their own vegetables and have access to live stock.

Mr B.b what you are saying is true if you lived in the 1920's, unfortunatley things are different in the year 2011, producing cucumbers and tomatoes in the year 2011 is peanuts to a country exporting steel or uranium, get the point. Poland needs to develope items which will bring good income.

Marek11111Threads: 49 Posts: 1,954 Joined: Aug 6, 09 ♂	Aug 9, 11, 05:44 #51
every country will survive but a lot of people will die in upcoming wars, no country will be the same after the greatest depression that is coming so stick with 3 G's, gold guns and getaway plan. you can not print your way out of depression and history will tell about this time that they were thinking they fought terrorists but financial terrorist got them from wall street.

SeanusThreads: 22 Posts: 30,158 Joined: Dec 25, 07 ♂	Aug 9, 11, 17:50 #52
Poland has much trade with other countries. I'm sure that's enough to sustain it :)

FUZZYWICKETSThreads: 12 Posts: 1,997 Joined: Nov 3, 09 ♂	Aug 9, 11, 18:28 #53
NomadatNet wrote: The less tax onto private sector the closer to capitalism/liberalism in economy which is the main philosophy of USA. no, that's the main philosophy of the Tea Party. and liberals? quite the opposite, they tend to raise taxes, i.e., when Clinton raised taxes to nearly 40%....which stimulated the economy.....and left us with a surplus when he left office.

♂

Aug 9, 11, 18:33 #54

S&P still has a triple-A rating on Australia, Austria, Canada, Denmark, Finland, France, Germany, Netherlands, Norway, Singapore, Sweden, Switzerland, and the United Kingdom. So what does that mean? I should buy Australia's government bonds?

But, these countries with AAA are countries with biggest debts, their debt/income is more than 100%. In other words, their bond prices are over-priced. When they go in crisis, their bonds can be bought cheaper. Europe Central bank is doing that now about Spain and Italy, buying their bonds now.

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Aug 9, 11, 19:11 #55

unfortunatley things are different in the year 2011, producing cucumbers and tomatoes in the year 2011 is peanuts to a country exporting steel or uranium, get the point.

Yes much different, that holds true for US as well. What did you in started with the deregulation of US financial system in 99 effectively doing away with restrictions on the integration of banking, insurance and stock trading imposed by the Glass-Steagall Act of 1933, for a good reason too. I guess the history lesson had not been learned, 1929 forgotten and within a decade repeated. Of course other factors contributed to this fiasco as well, war, tax-breaks to corporations who were moving their production out while US tax payer subsidized them, free trade etc. This all give the production sector a way to a cheaper labor but at what cost? Look at Detroit. This topic is way too complex for me to set you strait on in one session as your dumb ass would not comprehend it anyway. Instead of seriously discussing the possibilities of reforming and fixing this whole mess your politicians argue as to who should pay the price. You on the other hand wonder if other countries will fall. There’s something wrong with your priorities. This wishful thinking on your part, be it your government or citizens like yourself thinking that this is America and the **** will fix itself as it always did somehow baffles rest of us. Face it US economy is a service sector economy, been like that for a while now and getting worst. Big corporations are global and don’t give a damn, they’ll certainly not pay their share in tax to get you out of it for some patriotic reason despite you conviction. They’ll sell their trinkets on credit if need be because your ass is broke. Yes, the only things you’re producing these days are those cucumbers and tomatoes too, difference is you rely on migrant Mexicans to do that job, you’re just too stupid to realize it, get the point.

FUZZYWICKETSThreads: 12 Posts: 1,997 Joined: Nov 3, 09 ♂	Aug 17, 11, 20:09 #56
http://www.msnbc.msn.com/id/44151137/ns/business-world_business/#.TkwD bV16BHA

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Aug 17, 11, 21:09 #57

Poland needs to develope items which will bring good income.

Food is even more valuable commodity than steel and Poland exports a lot of it profitably. Only 25% of its exports are food, there is a lot of manufactured goods.

Per capital, Poland exports are about the same as the USA, which isn't saying much. The UK exports 3x per capital than the US, Germany export 4x the US per capital (Germany exports more than the US in absolute terms)

http://www.indexmundi.com/g/g.aspx?v=85&c=pl&l=en

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