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What's happening to the zloty
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sharter



Joined: 25 Jun 2008
Posts: 878
Location: All over the place

PostPosted: Tue Oct 28, 2008 1:23 pm    Post subject: ha ha ha Reply with quote

What is it with this forum?

A nice little debate about the Polish currency turns into a 'who's a better teacher boxing match'

C'mon y'all. Everyone makes mistakes bumbling out their thoughts on a blog/forum. Harry, you're not perfect....you don't put a gap between can and not. And Mr Lund, commodities traded on the futures market do have to fit qualitative standards. I know, I worked on the L.I.F.F.E. market between 93 and 95 in Canon Street, London hedging options trades with futures in the Bund and Gilt markets. We traded volatility. It bored me to death and as a friend of mine kept sending me postcards from Mexico, where he taught EFL, waxing lyrical about his partying and womanising, I thought I'd give this joke a go. !3 years later, I teach ESL/EFL (whatever) for an oil company, am well paid and get lots of holidays.

Point is, re the op, everything all of us have said is conjecture. Economics is overrated.We never used 'economic theory' to influence trading decisions. We used a pricing model and looked at prices in real time. Economics, like grammar has rules to which there are lots of exceptions and special cases. If economics was the science it claims to be, it could predict stuff. I got a 2:1...biggest waste of time ever. Never used it and have forgotten most of it.

And re the OP: The Zloty is strong against Sterling if you look at the last ten years or so. Against the Dollar it has weakened. recently.

When I first went to Poland back in 96, there were just over 4 Zl to a pound and we were paid 900 Zl a month. A beer cost not more than 3 Zl, a meal in a restaurant as little as 3 or 4 , a pizza about 10 and monthly rent, if you had to pay it, not more than 400Zl. If you spent 50-60 Zl on a night out, you had a stupendous time. In 95 in the Czech Republic, 5 quid was impossible to spend in one night. But sadly, those times have gone and with them many of the things that made Poland and the CR such charming places.

I lived in Bydgoszcz in 95, Poznan between 96 and 99 and again in 2006 and Warsaw in 2005. I go to Poland often. Still in my 30s. I don't much like the post communist generation that has evolved. It's a harsher place, a place where people are too skint to worry about others. A place where the American approach to economics and self-interest has replaced more social thinking.

Going to are all the cool little bars that you used to find. Marketing has homogenised every rynek. All the bars look the same. All the restaurants sell the same Krap. It's actually hard to find decent Polish grub now. You've gotta wander around the Sphinxs, Tivolis and then past the Irish bars and strip joints.

Some of you guys haven't been in Poland long enough to have any kind of real perspective. Some of you have. And, some of those who've been there ages have also clearly forgotten what a decent hotel or meal are.

I'll be there in a few weeks seeing my son.

It'll cost me a bomb as usual. I'll get sozzled a plenty, have some intimate experiences with the local totty, someone will steal my mobile phone and I'll moan like *beep* about the price of everything.
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Harry from NWE



Joined: 13 Sep 2007
Posts: 283

PostPosted: Tue Oct 28, 2008 2:24 pm    Post subject: Re: ha ha ha Reply with quote

sharter wrote:
When I first went to Poland back in 96, there were just over 4 Zl to a pound and we were paid 900 Zl a month. A beer cost not more than 3 Zl, a meal in a restaurant as little as 3 or 4 , a pizza about 10 and monthly rent, if you had to pay it, not more than 400Zl. If you spent 50-60 Zl on a night out, you had a stupendous time.

But how much was your phone bill?

When I got here in '95, I was paid 10zl per 45 minutes. Now I get 60zl to 85zl per 45 minutes. Have prices gone up by that same ratio? No. Even in Warsaw at the best pizza place in town, a large pizza is 18zl to 28zl (and a large beer is 6zl). Beer in the more expensive places is 12zl. Monthly rent (for a decent place to yourself, not the shared IH *beep*) is 1,800 to 2,000.

sharter wrote:
It'll cost me a bomb as usual. I'll get sozzled a plenty, have some intimate experiences with the local totty, someone will steal my mobile phone and I'll moan like *beep* about the price of everything.

Most certainly.
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lundjstuart



Joined: 01 Jul 2008
Posts: 211
Location: Warsaw, Poland

PostPosted: Tue Oct 28, 2008 7:53 pm    Post subject: Reply with quote

So Harry, You should be ashamed for having no life! I speak how I was taught in America not like a British person! Should I say more? You obviously haven't realized that your grammar books have been written by American authors! You have just taken what I have written and changed the meaning of it completely! What are you? French or English? �migr�s?
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Harry from NWE



Joined: 13 Sep 2007
Posts: 283

PostPosted: Wed Oct 29, 2008 8:23 am    Post subject: Reply with quote

lundjstuart wrote:
I speak how I was taught in America not like a British person!

I somehow very much doubt that you were ever taught that your is the same as you�re or that it is possible to spend that price or that the plural of company is company�s or that state verbs can be used in continuous tenses. Despite your best efforts to prove otherwise, American English is not the same as Moron English.

lundjstuart wrote:
Should I say more?

Yes, please do. Please answer the original question as to how the changes in the Zloty/Dollar and Zloty/Euro exchange rates support your absurd claim that the Zloty is strong.
lundjstuart wrote:
You obviously haven't realized that your grammar books have been written by American authors!

No they were not. Unless of course people like Swan and Truss are actually American, which I would very much doubt. Truss was born and educated in the UK and has lived there all her life. Swan most certainly doesn�t use American grammar or speak with an American accent. I know that because I�ve met him.
lundjstuart wrote:
You have just taken what I have written and changed the meaning of it completely!

Not at all. I quoted you verbatim.
lundjstuart wrote:
What are you? French or English?

Neither actually. Not that it has any impact on the point you wish to make
lundjstuart wrote:
�migr�s?

I believe that Americans consider Merriam-Webster as their definitive dictionary. Why not check that source? I�ll make it easy for you: http://www.merriam-webster.com/dictionary/�migr�

But there still remain a few unanswered questions, here they are:
Harry from NWE wrote:
lundjstuart wrote:
its not the PLN, the PLN is strong and your currency is taking a dive! The reverse effects of the British and American economies!


Tell me, oh great economic guru, if the Zloty is strong, why is that on 28 July I needed 2.04 Zloty to buy 1 US Dollar and today I need 3.08 Zloty to buy that same 1 US Dollar? And why on that same day did I need 3.20 Zloty to buy 1 Euro and today I need 3.82 Zloty to buy that same 1 US Euro?

Love your comment about UEFA pumping money into Poland, building stadia and hotels! How many hotels exactly is UEFA building? And what "commodities" is UEFA buying now which will be needed for Euro 2012?
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sparks



Joined: 20 Feb 2008
Posts: 632

PostPosted: Wed Oct 29, 2008 11:01 am    Post subject: Reply with quote

You both should be ashamed... using Dave's to quote and requote messages in order to criticise your cyber-enemies. Hey, I think if you quote a quote you get maximum hit points, unless your enemy uses the Shield of Defiance. You guys should both make an "L" sign with your pointer finger and thumb then place them directly over your foreheads.
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sharter



Joined: 25 Jun 2008
Posts: 878
Location: All over the place

PostPosted: Wed Oct 29, 2008 1:28 pm    Post subject: Harry Reply with quote

Hi Harry,

I guess the place I know most about is the rynek in Poznan, where an average meal for one person is now in the 45-50Zl range. Beer is anywhere upto 18 depending on the brand. Hotels cost an average of 200/night. Housing has had some of the highest hikes in Poland if Mamdom is to be believed. As I'm a dad I also know something about my kid's stuff. Same quality in the UK costs less. Same for clothes and electricals.

I'm an 18 week a year tourist in Poland these days...so I don't exactly live on a budget.

Anyhow, rise above this petty point scoring on Dave's. Yes, his English is awful and yes, veterans like you and me have met plenty of American people in Poland who claim to be teachers. Look at it this way; we Brits get business repairing the linguistic damage they've done. In my view, Americans should be encouraged to teach in Poland:)
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dynow



Joined: 07 Nov 2006
Posts: 1080

PostPosted: Wed Oct 29, 2008 3:15 pm    Post subject: Reply with quote

Quote:
Look at it this way; we Brits get business repairing the linguistic damage they've done. In my view, Americans should be encouraged to teach in Poland:)


HAHAHA

oh stop it.
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sharter



Joined: 25 Jun 2008
Posts: 878
Location: All over the place

PostPosted: Thu Oct 30, 2008 8:59 am    Post subject: well... Reply with quote

I forgot to mention how we 'spread the glory' by letting you guys in at the end of WW 2.

Seriously though, as long as my son's ok and Portsmouth finish in the top 10 of the Premier league....all this brain fuzz.

Here's my thought for the day:

There once was a Yank from New York,

Who in Poland many women he did pork,
He spent all his Zloty on Whisky and totty,

Couldn't teach but could certainly talk..

Anyone used a limerick in class? (Link).
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scotv



Joined: 01 Apr 2008
Posts: 19

PostPosted: Fri Oct 31, 2008 8:00 am    Post subject: Re: well... Reply with quote

sharter wrote:
I forgot to mention how we 'spread the glory' by letting you guys in at the end of WW 2.(Link).


I suppose that's an example of the "social thinking" you mentioned a couple posts ago?
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simon_porter00



Joined: 09 Nov 2005
Posts: 505
Location: Warsaw, Poland

PostPosted: Mon Nov 03, 2008 12:41 pm    Post subject: Reply with quote

seems to be a fair amount of yo-yoing going on with the pound
up to 4.86 (23/10) from early Oct to 4.60 (30/10) to 4.49 (today). All NBP figures. Could have made a bit of cash there.....
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sharter



Joined: 25 Jun 2008
Posts: 878
Location: All over the place

PostPosted: Mon Nov 03, 2008 3:33 pm    Post subject: erm Reply with quote

I thought everyone was trying to stop short selling right now.

Options traders will be making a mint with all this volatility. Increased volatility increases premium on options. By keeping delta neutral you can trade the volatility.

That ain't tosh either.
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nocturnalme



Joined: 11 Aug 2004
Posts: 73
Location: Gdansk, Poland

PostPosted: Wed Nov 05, 2008 1:55 am    Post subject: Reply with quote

Possibly the funniest thread I've read in years! Shame on you, Harry, for throwing in a word like 'emigres' when poor Stuart has only a fundamental grasp of English!
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sharter



Joined: 25 Jun 2008
Posts: 878
Location: All over the place

PostPosted: Wed Nov 05, 2008 8:40 am    Post subject: ha ha Reply with quote

Is Stuart in hiding or what?

I can hear the Fratton End chanting,'You don't know what you're doing'............followed by a chorus of,'It's all gone quiet over there'.

If the current exchange between Harry and Stuart was a footy match, it would be like Pompey v Man City this season, when the Fratton faithful were subjected to a 6-0 drubbing.

Play up Pompey.

Stuart, the words 'fish', 'out of' and 'water' spring to mind. Poor Poland. I hear they need people in Maccy Ds.

Harry, you should have, or as Stu would say, 'should of' been a lawyer.

Clinical in your destruction of someone's teaching knowledge and English usage.
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nocturnalme



Joined: 11 Aug 2004
Posts: 73
Location: Gdansk, Poland

PostPosted: Thu Nov 06, 2008 2:50 am    Post subject: Reply with quote

Stu is going back to college to study English - I've seen his application form.

Deer Sur and madam,
Im writting to .....

Your's sinceerly,

Stu
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Harry from NWE



Joined: 13 Sep 2007
Posts: 283

PostPosted: Thu Nov 06, 2008 8:48 am    Post subject: Re: ha ha Reply with quote

sharter wrote:
Harry, you should have, or as Stu would say, 'should of' been a lawyer.

Clinical in your destruction of someone's teaching knowledge and English usage.


That description really does not match the writing of most of the lawyers I work with.

Which is quite lucky really: I wouldn't have a job here if they could all write properly.
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