Quote:
Originally posted by volodymyr_gusak
- Well, I am very happy that Polish economy is stabilised, and not happy that it is in "recession"... but is it in recession? Do you know what recession is? Isn't it the case that Poland's GDP and GNP figures have been raising? What kind of "recession" can you talk about, read up economics books. I am not an expert in economics, just because I did not study it long enough to be able to give you a lesson on development, however you will gain some knowledge from any economics book, since you have no idea what even recession is!
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Feel free to put more of your thoughts about future of Ukraine. [/QUOTE]
Volodia, you claim you're so smart, but more convoluted notions are to be explained you so directly: in the case of the transition economies, occupying far places in the ranks, 2,3 or evem 4% growth mneans in fact recession. Why? That's simple: taking undert account unemployement, natality and so on present economoical growth doesn't assure expected growth of the economical standard of the population. This year growth of Poland was reduced to 2%( makes more remote date of the attaining the level of mythic Greece) what is real disaster and will probably result in growht of unemployement.
Volodia, read books carefully and don't treat all you read orthodoxically...