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Poland now 6th-largest EU economy, ahead of Switzerland and Belgium

euronews.com

41–50 of 189 posts

Re: Poland now 6th-largest EU economy, ahead of Switzerland and Belgium

#41

I don't get the hype around nominal GDP at all – looks great, but tells you little to none about the actual living conditions. Living in Poland, I don't feel richer than an average Belgian person (and I've had contact with many of them across the years).

It tells you little about living conditions but it tells you a lot about importance of a country as a whole. GDP per capita of China might be far from US but due to its size it still makes China very important actor.

Re: Poland now 6th-largest EU economy, ahead of Switzerland and Belgium

#42
post #8

I saw an interesting stat recently that the poorest USA state, Mississippi, has a larger economy and GDP than 1/3rd of all EU members. It just seems like the EU is too top-heavy and I wonder if that's where a lot of the discontent comes from. It seems like there a lot of micro-nations in eastern Europe that have outsized influence over the union as a whole.

I don't think you realize how absurdly overpriced everything is in the US, which inflate GDP quite a lot... I paid less to build my entire top of the line house in eastern Europe than some American spend on a garage extension and a concrete driveway

Re: Poland now 6th-largest EU economy, ahead of Switzerland and Belgium

#43

I don't get the hype around nominal GDP at all – looks great, but tells you little to none about the actual living conditions. Living in Poland, I don't feel richer than an average Belgian person (and I've had contact with many of them across the years).

Look at household income adjusted for PPP, that gives a more accurate global ranking in that respect (20s-30s). I expect this has improved as well.

Re: Poland now 6th-largest EU economy, ahead of Switzerland and Belgium

#44
post #26
post #17

Earlier quoted context omitted.

> there a lot of micro-nations in eastern Europe that have outsized influence over the union as a whole Would you give an example of when that has happened? > It just seems like the EU is too top-heavy The EU intentionally admitted many poorer countries, to promote freedom, security and stability in Europe in the long term. Without EU membership, they would be under pressure from Russia and others. > discontent What…

> What discontent do you mean? I mean, Brexit was the ultimate discontent and it didn't just come out of nowhere. It's still very recent history and, as far as I know, the circumstances that caused it haven't really changed.

IMHO, Brexit was mostly an exercise in placing the blame in a single “entity” instead of circumstances. Fishing gets harder due to over fishing. Technical advantages and industries moving have made certain classes of work such as mining and steel factories redundant or moved to other (cheaper) locations. This left a lot of the lower income classes and many middle income classes which jobs depends on servicing the lower income (restaurants, clothing, automotive industry, etc.) hanging in the wind.

Then instead of accepting the changing circumstances of the world, it is blamed on a single entity “EU” that is single handedly causing all their woes. Just leave and your lives will be better. Well, they learned.

This is how you get people to vote for someone like trump. They claim it is all the fault of some X, get people riled up, promise to fix X, get voted, and then you have to actually make their lives better.

Re: Poland now 6th-largest EU economy, ahead of Switzerland and Belgium

#45
post #28

Earlier quoted context omitted.

Wouldn’t „more freedom of expression“ imply less conservative? Or what aspects of conservatism, and what aspects of freedom of expression, are you referring to here?

Not if your tradition is to have freedom. Then to be a conservative means to conserve freedom. Think about the UK & US. The conservatives don't want to change what it means to be American/British, but the far left want to change it all. They want to change: ownership, innovation, free market, property, freedom of speech/expression, freedom of thought/opinion, employment, government, you name it. Conservatives = resis…

But why the did Poland introduce a de-facto abortion ban in early 2021, with terminations only permitted in cases of rape, incest or if there is a threat to the mother's health or life?

And abortions due to fetal abnormalities are no longer permitted in Poland.

Isn’t that at odds with „conserve freedom“?

Re: Poland now 6th-largest EU economy, ahead of Switzerland and Belgium

#46
post #9

Poland has made a lot of good moves lately. for techies in the UK/US they might not care that much - but there's also an effect on you. in the U.K - a polish skilled workers are choosing to remaining in Poland instead of moving to the uk. for the US - a lot of firms are setting up polish offices - hence when you hear 'a.i' efficiency most of those jobs have moved to Poland or India. Whether it's big tech, big banks a…

This is not viable long term, but cool to ride the train while the outsourcing lasts.

Re: Poland now 6th-largest EU economy, ahead of Switzerland and Belgium

#47
Poland has earned this. Reputation of Poland is amazing.

And the people I've had the luck of meeting at a very early age during a student exchange lived up to that.

Poland is an indispensable pillar of the EU, and integrates countries such as UK, Italy, Germany, Greece, Austria, Romania, and many more countries in the east (I just don't want to list all of them here, because it's a slippery slope).

And Poland as a society has gone through a hard struggle to earn their very own power, stance and leverage.

Re: Poland now 6th-largest EU economy, ahead of Switzerland and Belgium

#48
post #32

Earlier quoted context omitted.

Not facing the choice of dying or going bankrupt?

What’s the metric for that? The average American has decent health insurance. Our system can be painful and I'm not advocate for it, but the average American is not going bankrupt due to medical issues.

I know this is anecdotal from what I read here and the few engineers I’ve spoken personally. Having a good job is the only way to get good/decent health care.

Even then, there are many surprises in terms of what you have to pay yourself and how expensive certain things are. Basically any chronic disease will be very expensive. And don’t lose your job either because then you can kiss the insurance goodbye as well, kicking you even further down. Potentially deep into debt.

Re: Poland now 6th-largest EU economy, ahead of Switzerland and Belgium

#49
post #2

How much money did they get from EU in last 5 years? Combine that with a lot of ukrainian migrants that actually work and open businesses you get this

[flagged]

Is this a weird European version of the "lazy Mexicans" stereotype?

Re: Poland now 6th-largest EU economy, ahead of Switzerland and Belgium

#50

Earlier quoted context omitted.

Which metrics are those? Things don’t look great for the poorest Americans, but the average American isn’t living a life that’s even remotely third world.

Dying in the third-world from cancer means you die. Dying in the US from cancer means you probably will bankrupt your family first, and ultimately die faster due to the financial burden/stress.

Apparently HN commenters have difficulty with the concept of "metrics." What are the numbers?

The US system sucks in a lot of ways, but it works OK for most Americans. If you're very poor, you'll have Medicaid and it'll cost you nothing. If you're an average middle class person, you'll have decent health insurance and your costs will be affordable. There's a slice of people in the middle who don't qualify for medicaid but don't have decent health insurance, and they're going to have serious financial trouble. But most Americans aren't in that situation.

There's a tendency to look at the worst situations and assume it applies to everyone. How we treat the least fortunate is extremely important and I won't defend the US here, but there's a pretty big gulf between a significant minority who can face massive financial burdens from medical care, and "it's basically a third-world country...."

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