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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

#681

Post by daliusd »

scyzoryk_xyz wrote: post #629
somenameforme wrote: post #544

Earlier quoted context omitted.

I'm curious what this means in real terms from the perspective of a Pole. GDP/capita is often a relatively useless metric in modern times. For instance Ireland has one of the highest GDP/capitas in the world -- around 50% higher than the US. But that's because of economic games with their working as a tax haven to enable corporations to avoid paying taxes to their home countries. It doesn't translate to anything for…

As a Polish millenial the perspective is a rollercoaster. In one way the transformation of absolutely everything over and over and over is mind blowing in a positive way. OTOH we're also all paranoid running on what feels like a never ending hamster wheel of inflation, raises and mortgages. And then Gen-Z's feel straight get up locked out of everything. We visit western European countries and it's like WTF it's cheap…

Same story in Lithuania

Re: Poland is now among the 20 largest economies

#682

Post by steve_adams_86 »

dismalaf wrote: post #645
steve_adams_86 wrote: post #554

Earlier quoted context omitted.

You're describing something that some Canadians did (and very few still do), but this is not reflective of the vast majority of us. For most Canadians, especially as our economy declines, our extremely expensive homes are more like death sentences for our financial futures. We're not going to profit off of these things—ever—unless decades-long trends rapidly begin to reverse rather than accelerate.

I'm aware of the current economic state. The point is that capital holders decided doing risky things isn't worth it, so they invested in unproductive low-risk assets, then the government juiced the immigration rate, said assets rose, capital holders are making off like bandits leaving Canadians behind in a stagnant economy holding the proverbial bag...

It's those god damned boomers, man

(more so terrible policy-making, which we're still very good at doing poorly today)

Re: Poland is now among the 20 largest economies

#683

Post by forlorn_mammoth »

steve_adams_86 wrote: post #208

Years ago I bought some really nice brushless motors and was surprised to see they were made in Poland. I had no idea they were manufacturers of things like that. Later I bought even nicer motors, meant to provide exceptional control and feedback for tactile/haptic behaviours, and they were from Poland too. Then I got to work on a robotic arm which contained a bunch of components from Poland. At this point it was cle…

some audiophiles feel that the best transformers are made by https://sklep.toroidy.pl/en_US/index in poland.

Re: Poland is now among the 20 largest economies

#685

Post by iknowstuff »

indiangenz wrote: post #569
pavlov wrote: post #215

Earlier quoted context omitted.

I’m not interested in debating the anti-Islam diatribe. If your lived experience is that “bearded men and veiled women” have destroyed the halcyon paradise of your childhood, then that’s fundamentally a nostalgia-based emotional argument. But I’ll clarify that I wrote that Spain, Portugal and Greece specifically have become dynamic economies in the context of the EU. Spain has grown at a consistent 3% for a decade. O…

The bearded men have increased the crime rates in Spain, France, UK, Germany, Sweden etc. This is crystal clear if you look up statistics. Just in the last week there was a Aloha Snack Bar stabbing in Barcelona. Poland has low crime rates specifically because they have strict border controls. You are free to personally visit Brussels to see what a shit hole it is.

Exactly how do you believe their borders are more strict given that they’re in Schengen? And how is the EU to blame for Belgium’s immigration policies but not Poland’s?

Re: Poland is now among the 20 largest economies

#686

Post by eska »

rob74 wrote: post #315
tw1984 wrote: post #295

Earlier quoted context omitted.

"56% of Germany's exports went to other EU countries in 2025" - because those products are no longer competitive in the open market.

Yeah, they're so uncompetitive that Trump had to introduce tariffs to keep them out. China is a different topic, but I wouldn't generally call German products uncompetitive...

The tariffs put on the US by Germany were higher than the other way around in some cases, even though the US wasn’t exporting such products in any significant amount.

Re: Poland is now among the 20 largest economies

#687

Post by pzo »

pepperoni_pizza wrote: post #582
VimEscapeArtist wrote: post #563

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…

Allegro is Polish, large and successful, no? But I only know of them because they bought some successful small companies in my country and shut them down to reduce competition, for which they are universally hated around here.

It was founded in Poland and by poles by I think it’s owned whole by foreign capital - hard to call it polish even though still listed on polish stock exchange. Google branch in Warsaw we wouldn’t call it polish either.

Examples of significant shareholders include:

* Permira Advisers LLP (UK) * Cinven Group Ltd. (UK) * BlackRock (US) * Vanguard (US)

Re: Poland is now among the 20 largest economies

#688

Post by eska »

paganel wrote: post #250
shevy-java wrote: post #175

Earlier quoted context omitted.

The question is not whether it is an investment or whether it is not. The question is whether growth is objective and fair or whether it is not. For comparison of wealth in Poland, ALL net-subsidies would have to be deducted, because this is essentially wealth taken from other countries, and distributed to poorer areas in the EU. I am not disputing that this leads to more growth; I am disputing the "country xyz is no…

The Holocaust was a decision taken by one of the two pillars of the EU, Germany, so countries nowadays being rich or poor has nothing to do with past “good” decisions of those countries populaces. And before anyone commenting that the Holocaust and the German economy are two orthogonal subjects, just look at the corporate history of German industry giants VW and Bayer.

Worse, Germany has one of the worst upward mobility stats in the EU. If you look at the filthy rich families in Germany, most of them have ties to benefitting heavily from WW2.

Re: Poland is now among the 20 largest economies

#689

Post by avgDev »

badpun wrote: post #659
avgDev wrote: post #570

Earlier quoted context omitted.

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.

Typical salary for a senior dev is around 20-30k PLN per month, which translates to $65k-$100k per year (gross). Also, a lot of devs do a little bit of tax avoidance that is currently not persecuted, which allows them to pay total taxes below 20% on that amount. So, your take-home pay is $50k-$80k.

That is a decent salary! I guess it could be an option for me one day if I get tired of the US.

Re: Poland is now among the 20 largest economies

#690

Post by iknowstuff »

purpleflame1257 wrote: post #290
wussboy wrote: post #233

Earlier quoted context omitted.

Maybe. But I don't think you will find any of those things without strong democracy.

Counterpoint: China from Deng and onwards is an autocracy with rapidly improving material conditions

Its population will halve this century thanks to their autocratic policies so we’ll see how that unfolds
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