economy status
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18 Jan 2012, 18:39
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Journals
Hey guys, im just wondering about your country economy status.
Whole world seems to have a crisis, im asking here because media are so fucking deceitful and they write only this what ppl want to read.
So is it only in Poland, or you noticed that by-and-by your country is getting worse for citizens.
I personally think that soon we will have on earth some massive conflict because ppl are slowly getting mad as hell, at least here in Poland - today i read that some polish geologists found a big petroleum deposits on 1/3 of polish territory but almost all concessions are already sold out to foreign companies so basically Russians/Americans and Germans will extratc this oil, then export it to their countries, and then Poland will have to import this oil :D That makes so fucking non-sense.
Also increasing oil/nuclear conflicts between arabs and americans are very dangerous + China citizes became more aware. It seems like we will have very intresting twenty years :D
Whole world seems to have a crisis, im asking here because media are so fucking deceitful and they write only this what ppl want to read.
So is it only in Poland, or you noticed that by-and-by your country is getting worse for citizens.
I personally think that soon we will have on earth some massive conflict because ppl are slowly getting mad as hell, at least here in Poland - today i read that some polish geologists found a big petroleum deposits on 1/3 of polish territory but almost all concessions are already sold out to foreign companies so basically Russians/Americans and Germans will extratc this oil, then export it to their countries, and then Poland will have to import this oil :D That makes so fucking non-sense.
Also increasing oil/nuclear conflicts between arabs and americans are very dangerous + China citizes became more aware. It seems like we will have very intresting twenty years :D
hint
yes, now you're propably thinking about next uber intelligent reply, but dont bother to
valuable time doesn't sound like making pointless journals which don't change anything. i'd rather post smth interesting/useful or just tease a bit with my e-mates but mkay. just do your thing and good luck with life!
och and btw, am not mad about that example. i'd do the same if i were them ;D
One of our biggest bancs just went broke and the state has bought it, now having 44 BILLION+ depts.
work laws are changing, they are obligating ppl to work (wich in times of crisis will have a postitive influence imo).
Beer en french fries prices have doubled over the years
But my grandma is still giving me the same amount of money for christmass ass 10 years ago so i think we are still good :)
i'm not sure but last time i checked our "government" has more depts then 10 dexia's together
+the part about the holdings COULD be true (but we are looking at a 10 years even longer term to let them break even).
- it also COULD NOT happen, since our government will not support Dexia much longer, let me rephrase CAN'T support dexia any longer. wich will lead to even more decreasing, more depts but certainly no recovery. => In this case France will prolly buy us out.
Note: these are all personal opinions, ofcourse your scenario can indeed be, and lets all hope, the truth
By the way, the debt rate is 98%, in 1993 it was 130%! It's certainly not low but not dramatic either especially if you know that in almost every other western country the debt rate rose much faster in recent years then here.
France can't bail us out. They have a deficit of 5.8% and just lost their AAA rating by S&P!! => because of high deficit, high public debt & lack of competitivty compared to other AAA countries. Anyway, all dubious products form Dexia Holding are covered by both FR & BE governments. Aslong as no major fuckups happen like 'renteswaps' where they lose more money then they put in, the BE government can't step in for more then 56 bn euro. Most of those products however are still worth quite a lot. It all depends how the euro crisis pans out but I'm sure the maximum we will have to pay of those 56bn euro will be 25% of it. And I'm 80% sure we won't have to pay more then a few billion euro which will be inflated away over the years!!
Property prices on the other hand are dropping and it has become hard to get full value if you are selling. Recently I bought a house £45k below market value because people are skint / worried about over extending themselves.
God bless
shoutout to my
Some people are saying the economy has already fallen and the leaders are only using emergency packets to upkeep the illusion that we shouldn't worry, while these vampires are leeching the last drops of blood remaining hoping that eventually when we wake up to the reality of things, we are already too weak to fight it and will simply submit to whatever they decide to impose on us.
Im wondering who and what should do to reverse this process.
oh and yeah, dollar and euro are hiiiiiighly inflated
On a more positive note, Scandinavian countries do have the potential to illuminate a bright future for the rest of the world because economically we are still doing well and if proper action be taken (shift of perspective), we could invest in self-sufficiency, pay off our debts, start intelligently designing future societal programs and uplift the living standards leaving more time to heal the conflicts within.
Something like this however requires unity and this is very hard to achieve when you got global players everywhere trying to undermine efforts towards unity and self-sufficiency. They want to keep us dependent on the system so that their monetary system remains powerful enough to shape the future.
http://www.theglobeandmail.com/news/world/worldview/the-queens-diamond-jubilee-boats-more-boats-and-no-shortage-of-english-clichs/article2306511/
we support equality :D
This second leg of the economic downturn is owed to two things, firstly, inaction by major European governments to tackle problems unearthed by the original banking crisis of 3 years ago. Secondly, evolution of the consumer, many of the companies that have gone under or are in danger of going under are totally understandble in this market. In the UK a company called Woolworths went under, it was a 100 year old brand in the UK, but it simply failed to serve a purpose in the market, there are many examples of this in the retail sector.