The status of the Polish economy begins to Have bad performance. I Figure out that in short and middle period that can start the economic cries in Poland due to follow issue:
Inflation : 0
Gdp decrease from 3.5 to 3.3%
Exports to Eurozone decreased due to the crisis
Exports to Russia hit due to of sanctions by the EU
household mortgage and borrowing easily
What i have predicted in middle term:
The central bank act inflation to decrease the interest, increasing the chance to borrow money at less cost, increasing the investment in real estate could be a boomerang due to this could have effect to increase the private debt ,already i think is too high. Cause export Fallen with Euro zone and Russia that can help deflation, many products have sold in the domestic market causing downfall of price. In case the rate of employment increase that could be effect on mortgage and private debt cannot pay off. Real estate crisis in middle term also bank cries due to debt cannot pay off. The scenario could be like ireland.
PA
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