The Bloomberg Agency noted that Poland in its policy pursued by the Law and Justice Office remains completely isolated, and the Polish debt has been doing the worst in the planet lately. “Poland is painfully convinced what happens erstwhile investors start to fear that political decision-makers have turned their backs on inflation to throw fuel into the economical furnace before the upcoming elections”, Bloomberg writes. Confederate politicians comment on this by casting work for the bad actions of the current government. “This cannot be fastened to Putin,” say Confederates
The collapse on the Polish bond marketplace on Friday deepened. The profitability of Polish 10-year-olds is now storming the border of 9%. And the higher they are, the worse for the debtor (Polish taxpayers). Why? due to the fact that the cost of paying that debt is higher.
A clear assessment of this information was presented by the Treasurer of the Confederation, Michał Wawer. “With each next week, each month, we must pay more and more as Poles for money borrowed from global bankers. You can't pin that on Putin. This is not a question of war in Ukraine, which evidently had its influence on inflation, but if the global financial press writes that Poland's debt is doing the worst in the world, it is not a question of putinflation, but that Kaczyński and Morawiecki have printed hundreds of billions of PLN pandemic debt, they have ruined the transparency of Polish finances. It is simply a question that erstwhile they print money, they want to buy the support of Poles.”
“Poland needs a healthy, rational financial economy. It needs a return to normality in public finances, financial discipline and control of expenditure. This is something neither the PiS nor the Platform will do," Wawer added, who notes that all groups of alleged opposition gotta propose the same direction of financial policy, based on distribution, debt and taxation increases. “Only the Confederate is able to halt this madness.”
The Warsaw Stock Exchange has lost 38% of its value since the beginning of 2022, which is the worst consequence from all markets followed by the agency. Since the beginning of 2022 gold has weakened by 4% compared to the euro and 17% to the dollar. All this erstwhile Polish debt is growing, inflation exceeds 17% and negative real interest rates (interest rates minus inflation) are already two-digit.
“The consequences of this government's actions will be borne by us and future generations. For decades, we will pay off the debts of this government and repair the economy." – says Jakub Kulesza. The Confederate MP stated that Mateusz Morawiecki knows precisely what he is doing and is deliberately destroying the economy. “What is at the heart of the Polish economy is public spending, which grows to meet the needs of voters and buy their votes.”
