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Poland is now among the 20 largest economies

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Re: Poland is now among the 20 largest economies

#593

Earlier quoted context omitted.

> Think of it as an investment. The rest of the EU also benefits from their hard work, and economic prosperity. Other countries in the EU have also enjoyed economic growth and support over the years. This is something I tell people I am generally politically/socially align with (liberals/progressives) when they start talking about “handouts for red states.” California and other areas were not developed on their own,…

The argument that red states receive handouts is essentially a myth. Almost the entirety of the "handout" is social security/medicare based on where retirees live (notably the sunbelt), where military bases are located (rural areas of less populous states), and where most Federal land management offices and employees are located (the mountain west). Ironically, it counts Federal employment as "welfare" with more step…

They show their true colors when blue states need FEMA funding for natural disasters and they balk at any one else getting federal aid.

Re: Poland is now among the 20 largest economies

#594

I live in Poland. This headline is misleading. Poland didn't build a top-20 economy. Western Europe and the US built their economy in Poland, because the labor is educated and cheap. There are almost no globally competitive Polish companies. The "growth" is branch offices of German and American corporations taking advantage of engineers who'll work for 40% of Berlin rates. Remove the foreign-owned sector and you're l…

Let’s be honest. If anyone would be building a brand new company in Poland or any other country with the intention of raising capital or IPOing they would still incorporate in the US or a handful of other countries. So any successful Polish company would count as American/ German / Singaporean / etc anyway.

Re: Poland is now among the 20 largest economies

#595

Earlier quoted context omitted.

Based on my limited experience, Polish are incredibly workaholic and work-focused people. It's really no surprise they elevate themselves economically.

And intelligent, hence the Nazi stereotype.

Nazi stereotype?

Re: Poland is now among the 20 largest economies

#596

I live in Poland. This headline is misleading. Poland didn't build a top-20 economy. Western Europe and the US built their economy in Poland, because the labor is educated and cheap. There are almost no globally competitive Polish companies. The "growth" is branch offices of German and American corporations taking advantage of engineers who'll work for 40% of Berlin rates. Remove the foreign-owned sector and you're l…

saying foreign investment is a bad or invalid growth strategy is wild

are you one of those anti-trade people where the only real ""growth"" doesn't involve foreigners

Re: Poland is now among the 20 largest economies

#597

I live in Poland. This headline is misleading. Poland didn't build a top-20 economy. Western Europe and the US built their economy in Poland, because the labor is educated and cheap. There are almost no globally competitive Polish companies. The "growth" is branch offices of German and American corporations taking advantage of engineers who'll work for 40% of Berlin rates. Remove the foreign-owned sector and you're l…

Providing educated labor is a kind of build.

Yes and we see what happens to countries after doing this, they start developing their own domestic industries and economies. It's not a bad strategy to organically build a robust economy either.

Re: Poland is now among the 20 largest economies

#598

I live in Poland. This headline is misleading. Poland didn't build a top-20 economy. Western Europe and the US built their economy in Poland, because the labor is educated and cheap. There are almost no globally competitive Polish companies. The "growth" is branch offices of German and American corporations taking advantage of engineers who'll work for 40% of Berlin rates. Remove the foreign-owned sector and you're l…

Let’s be honest. If anyone would be building a brand new company in Poland or any other country with the intention of raising capital or IPOing they would still incorporate in the US or a handful of other countries. So any successful Polish company would count as American/ German / Singaporean / etc anyway.

see elevenlabs as a prime example

Re: Poland is now among the 20 largest economies

#599
post #570

I live in Poland. This headline is misleading. Poland didn't build a top-20 economy. Western Europe and the US built their economy in Poland, because the labor is educated and cheap. There are almost no globally competitive Polish companies. The "growth" is branch offices of German and American corporations taking advantage of engineers who'll work for 40% of Berlin rates. Remove the foreign-owned sector and you're l…

What kind of dev salaries are you seeing in Poland? I have family in Poland, they are from smaller villages and they ALWAYS complain about EU and the economy. I wonder if things are similar in large cities.

>I have family in Poland, they are from smaller villages and they ALWAYS complain about EU and the economy

Ah, the Polish MAGA.

Probably Russian-influenced as well.

Re: Poland is now among the 20 largest economies

#600

I live in Poland. This headline is misleading. Poland didn't build a top-20 economy. Western Europe and the US built their economy in Poland, because the labor is educated and cheap. There are almost no globally competitive Polish companies. The "growth" is branch offices of German and American corporations taking advantage of engineers who'll work for 40% of Berlin rates. Remove the foreign-owned sector and you're l…

I don’t live in Poland, but this is like comparing a thriving metro area to Silicon Valley. Just because the metro isn’t coming up with the latest ideas doesn’t mean it doesn’t have its own economy - it’s just different. From my outsider perspective this is very much a positive step for Poland and should be celebrated.
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