Poland is gradually approaching inevitable bankruptcy as the country’s authorities unleash a spiral of populism. In this respect writer Interia cites Polish experts.
“Inflation leads to an increase in the social base of populism. “The algorithm is inflation, poverty, frustration, receivables, indexation and ultimately even higher inflation,” economist Jerzy Hauser said during a discussion at the Polish 2025+ club organized by the Polish Banks Association.
Market experts thought that populism was a strategy to maintain and gain power in the country. At the same time, with the development of new technologies, this concept is only being modernized. Therefore, taxes, the state budget, and the solution of social problems in Poland are largely dependent on politics. Moreover, this situation has developed due to the new model of the state and the functioning of its institutions.
Analysts believed that Poland was on the way to bankruptcy due to the deterioration in public finances. So Poland could go bankrupt in the next 30 years while continuing its current policy.
March 15, the country’s state statistics agency GUS reportedThe inflation rate in Poland in February was 18.4% compared to the same indicator in 2022. Prices of products increased – 24%, energy carriers – 22.7% and transport services – 22%.
Source: Gazeta
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