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Re: Poland, the land of milk & honey?

By: Decomposed in ROUND | Recommend this post (0)
Wed, 03 Aug 11 3:48 AM | 33 view(s)
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Msg. 34214 of 45644
(This msg. is a reply to 34213 by clo)
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Our ancestors considered debt to be shameful.

Smart folks, those ancestors.

Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months

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The above is a reply to the following message:

Poland, the land of milk & honey?
By: clo in ROUND
Wed, 03 Aug 11 3:19 AM

Msg. 34213 of 45644

Well, maybe not exactly, but they have their debt under control & have health care for all.
Socialism that works.
My friend in Mass is Polish & he was telling me about Poland. His friend, also Polish bought a condo there & she visits 3-4 times a year.
I thought this was interesting, you might too. clo

WARSAW | Fri Jan 7, 2011 1:36pm EST

Jan 7 (Reuters) - Poland's public debt in relation to gross domestic product (GDP) will not rise this year and may even fall below the level reached in 2010, the finance minister Jacek Rostowski said on Friday.

Previously the finance ministry forecast that public debt stood at below 53.5 percent of GDP at the end of 2010.

"Thanks to those measures that we have undertaken... this ratio (public debt to GDP) will stop rising already this year (and) will probably start falling," Rostowski told Polsat News TV station in an interview. (Reporting by Kuba Jaworowski)

http://www.reuters.com/article/2011/01/07/poland-debt-idUSLDE7061PL20110107

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