WHAT ARE THE BENEFITS OF THE EURO CURRENCY TO POLAND?

ive said this to people .. but that it wouldnt benefit the people of Poland as it will increase spending costs in terms of how much things will cost but would benefit businesses more


Because it would go to a referendum and the British would say no!

You can't be serious. Poles should riot like the Greeks.

this comment just about killed me;) no pun intended, but I kind of agree that Greek should stick to running restaurants and let somebody else do their books;). Not a deep analysis of the Greek tragedy, which has actually influenced today's stick market (in case people did not hear, or was it a guy who instead of million pushed the billion button- both cases are tragic and rediculous

You shouldn't riot because you aren't one of the PIIGS. This is why countries like Poland should pat themselves on the back for not overspending. Sure, you might not have a lot of benefits, but, at least, you aren't completely bankrupt with entitlement driven maniacs setting fires on your back porchstep.

Very very interesting that all the brainless people are attacking Greece today, while
Greece has just 112% national debt while everybody seems to avoid thinking or commenting on the national debt of JAPAN (192%) and ISRAEL (187%)...

This is just an attack against Euro and European Union, made by the multibillionaire richest americans

Problem is Israel and Japan aren't threatening the Eurozone nor are they begging for alot of money from the Euro-taxpayer who took care of their money...contrary to the Greeks.

I really hope they learn there lesson and change their habits...


Nope! That attack on the EU comes from the lazy, cheating Greeks! With them being a bit more honest, serious and thrifty there wouldn't be a crisis at all.

Of course, the Banksters - along with their derivative-playing minions - had no role to play in this. They're all just here to help... :)


True. The US Taxpayer has got that mess covered.

No no no, of course the richest americans and american huge mamouth banks have nothing to do with the fall of european currencies:

w w w . marketoracle.co.uk/Article17709.html

George Soros Wants To Destroy the European Currency

George Soros, a billionaire, was accused of masterminding the financial plot, the goal of which is to send the European currency, the euro, down.

The scandal connected with the plot against the euro started gathering pace last week after Soros published an article in The Financial Times. The billionaire wrote that the euro may not survive the current economic crisis.

Yeah, one or two Greek restaurants here in Dubs would not be out of place. Can you believe that in a city of nearly two million ppl, there is not ONE single Greek restaurant? Yeah, there is one in Malahide, but that's about 20 km outside of Dublin...It's really a disgrace. Have to say that when I first came here, I was stunned by the lack of variation for a big city like Dublin: in a radius of about one mile from my home there are, give or take, 50 Chinese restaurants and they all offer the same menu (ALWAYS combined with Thai, how boring - I like Thai food, but pls bring some more choice), about 25 pizzerias with nearly the same menu, 15 Indian joints with the inevitable chicken tikka and one dozen of chippers where they throw in half a litre of vinegar into your fries. And that is about the choice you have in Dublin. There are 1 or 2 Spanish restaurants, 1 Mexican restaurant and maybe 5 or 6 restaurants of another type of cuisine, but it's always freaking Chinese, Indian, Italian or Irish...So boring :( Sometimes I wonder how all these restaurants survive here...


lemme guess, Jewish bankers, of course? Well no, the main Greek problem is the pensions and a couple of other state funded thingies that are way and way too high. Sure, the bankers are responsible for the credit crisis, together with the ppl who wanted to live on a higher level than they could afford (YES! I am still convinced that all those ppl taking loans which they knew they could not afford are co-responsible for the crisis, not only the bankers. Banks should have advised, but ppl should've been more wise), but Greece is solely responsible for the current crisis in the Eurozone. She has been lying to the rest and she has been paying her pensioners way and way too much. And the current government gets to clean up the mess from previous governments. But what do you know, you're American, you don't know how the European mentality and system works. Heck I even wonder if you know your own system :)

>^..^<

M-G (likes variation in food - always thought the most silly thing to see was ppl entering a chinese restaurant and then ordering fish and chips)

This may all be academic soon enough. The future of the EURO lies in the balance. They will tinker with it for some time longer but I think an AMERO currency lies in wait somewhere down the line. They will do their best to make it a reality.

Merged thread:
Poland and the Euro

I will be moving to Poland in the near future. I will be on a fixed income and I am wondering what the affect of the Euro will have on Poland amd its economy.

Thank you in advance for any info !

Rysiek

Can't say for sure on the effect of Poland adopting the Euro, but shouldn't you also be concerned about the natural fluctuation of the Dollar vs. the Euro? The US dollar looks like it is on a path to be kept artificially(?) low against other currencies in order to stimulate jobs and minimize the impact of foriegn debt / interest payments...

Euro currencies will collapse before it will be implemented in Poland and after that U.S. dollar will collapse and we will have the SDR as official world currency so I would recommend putting your money in gold and silver bullion and if you move to Poland make sure you end up in a farming community with little of land so you can grow some vegetables and a pig or two.

Wishful thinking! :)

I hope Poland won't adopt the euro.

A year ago hardly anyone was saying this, now one can hear that the euro may collapse. In fact the future of the whole EU seems more shaky to many Poles than ever before. Is this indeed the case? Was the recession to blame or has the EU idea simply spent itself and run out of steam?

Gold is now at a record several-decade high. Is perhaps the yuan in our future?

EU will not survive. It was meant to collapse since the beginning.

The euro was the stupidest idea I have come across, you have a one currency for 12 economies and the economies are inflating and deleting at different rates and how going to control it with only single currency, as I said this year is the end to euro and even might be the end to euro union.

And it is not wishful thinking it is matter of how.

Luckily, it seems, that nobody really knows what will happen apart from the heralds of Armageddon, of course.
For the countries of the E.U. it is different and markets are inevitably going to fluctuate.


Poland will not be joining in the near future, every year they say they will join in two years, this time to add a bit of spice they have said four years:


en.wikipedia.org/wiki/Poland_and_the_euro

What does that mean? well the zloty is not as stable as the Euro, so fluctuations hit independent currencies more, so if the Euro does drop a little, the Zloty drops a lot because it is considered more of a risky currency than the Euro.

But inevitably Poland will join the YoYo


When it comes there'll probably be a price hike, like there was in Ireland and Slovakia.

That doesn't count for much...

What you think smart or stupid is more the other way around in the real world! ;)


I think the danger of partying and throwing money around with banking, housing and credit bubbles should be avoided by Poland...

Ireland was not always like that, e adopted the Euro back in 1999 before the party got started.
Because Ireland is an Island in the West, the introduction of the euro brought us, in our daily lives, closer to the E.U., something I think Poland will benefit from too.

There is a psychological barrier that breaks when you have the YoYo.

The euro union great idea but euro currency is stupid, you cannot control economical policies of any government.
Euro currency only would work if you have one gov. and one country or one central planning, or maybe that it was a plan from beginning to implement it then create one government.

Well...we are on the way...
Nobody had said it will be easy!

Look at Belgium, they don't have a government :)

We could vote on individual issues using modern technologies.
Voting on issues not for parties! :)

So create a common reserve currency then setup a union and create another fiat currency create a economical crisis that leads to currency war then trade war eventually to ww3 and then create world governmentas a savior.

ORDER OUT OF CHAOS
Something like that BB

Who is "we"? Are you suffering from multiple personality disorder?


To say bye, bye to Euro? Quite the opposite. Artificial things don't live long.


Maybe the simple plan of a trading union would have been better fit, but the problem was/is that you have players who are highly motivated to rule over others in order to strengthen their economy. It's more about the ego than of real partnership.

Just see the shortform of P.I.G.S.? Anything visible?
The leading role of F, UK and D could have been organized better, but if you are too ambicious....then you have this.
I am pretty sure that the well needed adjustments will be done in order to overcome possible future crisis.

Globalization. One World government, one world religion (Roman Catholicism), one currency, one corporate state. In order to do this they must destroy US of A first (it's the boulder in the way).

they been destroying it from Nixon taking dollar out of gold standard to Reagan busting unions and raising middle class taxes to NAFTA with Clinton and deregulation of banking and wars base on false flag attacks 9/11 to wall street bail out, Obama helping with biggest heist from American people to bankers, and now federal reserve printing dollars to tune of 20 trillion and the idiot from Wisconsin trying to prohibit unions from bargaining and in the bill is attached provision of selling state utilities to privet industry with out a legislation vote so who ever gives Walker more money on side he will decide no over view required so it has been under way for some time now the next crisis will put final nail in coffin.

It ain't over til the fat lady sings.

Yes to all counts!