USA BUDGET REVENUES -
2.45 T
Poland -
88.3 B
(28 Times less than USA)
USA is outperforming Poland in these metrics:
Exports, GDP(See link for variations), Gross National Income, Human Development Index, Purchasing Power Parity, Inbound Tourism Income, balance of payments, central government debts, foreign direct investment, economic freedom, companies listed domestic, market capitalization of listed companies, total reserves, high technology exports, gross domestic savings, consumption by sector, GNI, innovation, electricity consumption per capita, welfare, patents granted, natural gas production, steel production, overall productivity ppp
Link where data was pulled:
www.nationmaster.com...nited-States/Economy
Inflation is at 25 year high at 15.6% for Poland. I do not think NBP will be able to handle a potential collapse of the euro, and the negative implications that it would cause for the Polish Zloty. As the dollar demand increases throughout the world, we might even see a liquidity crisis if enough bail outs are needed when dollar starts jumping on safe haven premium. A while back I called USDTRY buys at 5.78 which would have been face melting positions if I would've held for over 1 year. That same pair is now 18+
So imagine just how bad USDPLN can get when it is ONLY 4.9, I'm expecting at least 10-15 USDPLN for the future...
Data for CPI =
www.nbp.pl/homen.aspx?f=/en/aktu...
Stay safe, WAGMI
2.45 T
Poland -
88.3 B
(28 Times less than USA)
USA is outperforming Poland in these metrics:
Exports, GDP(See link for variations), Gross National Income, Human Development Index, Purchasing Power Parity, Inbound Tourism Income, balance of payments, central government debts, foreign direct investment, economic freedom, companies listed domestic, market capitalization of listed companies, total reserves, high technology exports, gross domestic savings, consumption by sector, GNI, innovation, electricity consumption per capita, welfare, patents granted, natural gas production, steel production, overall productivity ppp
Link where data was pulled:
www.nationmaster.com...nited-States/Economy
Inflation is at 25 year high at 15.6% for Poland. I do not think NBP will be able to handle a potential collapse of the euro, and the negative implications that it would cause for the Polish Zloty. As the dollar demand increases throughout the world, we might even see a liquidity crisis if enough bail outs are needed when dollar starts jumping on safe haven premium. A while back I called USDTRY buys at 5.78 which would have been face melting positions if I would've held for over 1 year. That same pair is now 18+
So imagine just how bad USDPLN can get when it is ONLY 4.9, I'm expecting at least 10-15 USDPLN for the future...
Data for CPI =
www.nbp.pl/homen.aspx?f=/en/aktu...
Stay safe, WAGMI