Are Poles bankrupt?

Poles are super naive imo, this capitalism thing is still pretty new to them, and millions are in debt as we speak

But overall attitude of the government is that somehow Pl is an "economic island", somehow they figure that those billions of dollars they borrowed from the world bank etc is gonna dissapear.

Then you have the polish big business which is almost entirely foreign owned.

The real question is not if they are, but how much they are in debt?

the expat brigade that sit most nights in English/Irish bars - trying to put PL to rights, when they just about have their own life in order, are not what you class as an authority on PL. They do not immerse themselves in Polish culture and life, they lead a sub culture existence never wanting to be part of the host country.

Ahh stop the world i want to get off.

whatever is still in public hands is in debt, ex. Telekomunikacja Polska

in short YES

most poles have huge 30 and 40year mortgages, every store gives people a credit line, because you really do need a 50" plasma tv.........

Poles are super naive imo, this capitalism thing is still pretty new to them, and millions are in debt as we speak


But overall attitude of the government is that somehow Pl is an "economic island", somehow they figure that those billions of dollars they borrowed from the world bank etc is gonna dissapear.

Then you have the polish big business which is almost entirely foreign owned. Not sure how many big businesses are still Polish but it's a small fraction...and whatever is still in public hands is in debt, ex. Telekomunikacja Polska


we're just waiting for the **** to hit the fan...

Only 1.2 % of the owners had a mortgage in Romania, followed by Slovakia (8.0 %), Poland (8.3 %) and Slovenia (8.5 %). In contrast more than 80 % of owners had a mortgage in Sweden, the Netherlands and Iceland.

At country level, one extreme was represented by Poland and Malta, with less than 10 % of tenants paying market
price rent, and the other by Denmark, the Netherlands and Sweden, with more than 95 % of tenants paying market-price rent.

Crime and/or vandalism were perceived as a problem by 16.0 % of the EU-27 population. At country level the rates were highest in Bulgaria (28.6 %), Latvia (25.4 %) and the United Kingdom (25.1 %), while only 4.2 % of the population in Iceland, 5.3 % in Norway 6.6 % in Lithuania, and 6.7 % in Poland thought this a problem.

The population at risk of poverty, i.e. individuals living in households where equivalised (i.e. per individual) disposable income is below 60 % of the national median, was more likely to be living in overcrowded conditions (30.1 % at the EU-27 level). The highest percentages were recorded in Hungary (75.4 %), Poland (64.9 %) and Romania (64.8 %), while the lowest were in Cyprus (2.7 %), Spain (5.1 %), the Netherlands (5.5 %) and Malta (5.6 %). In Luxembourg, the Netherlands, Germany and Belgium as well as in Norway the percentage of persons at risk of poverty living in overcrowded conditions was more than three times higher than for the total population