Armstrong Economics Blog/Eastern Europe
Re-Posted Nov 13, 2018 by Martin Armstrong
QUESTION: Mr. Armstrong; When you were here last giving lectures in Poland, you said that we should leave the EU, retain our currency, and focus of your ties to the United States and Asia. You said if we did that, Poland would be one of the most imp[ortant economies in Europe. Have you updated that forecast at all?
It was a tremendous honor to shake your hand in Warsaw.
ANSWER: Poland is and will remain at the center of economic growth within Europe and it will still experience increasing political influence. Poland’s population won’t decline as much as those of the other major European economies and that is critical moving forward economically. Poland is also the most prosperous European state on Russia’s western border. That will mean that it will expand its position as a regional leader with political and economic prestige.
The Zloty has strengthened against the dollar and the Euro. The critical time where Poland may see this break with the EU could come in 2020.