Thread

1. Tade0 · 1790758636 · focus · HN ↗

   I feel like this is overdramatized a bit.

   For instance: it's mentioned that EU gas storage is at 67% and Germany's at 56%.

   What is not mentioned though is that Poland's storage is at 97% because the previous administration, for better or worse, was paranoid enough to invest in a sizeable marine gas terminal and the current one stocked up early.

   Regarding real estate: adjusted for inflation prices peaked 2.5 years ago, interest rates are also much lower than back then. Nobody is buying because all the Ukrainian refugees who were moving to Poland are here already and that's the last bump in population this country will see for the foreseeable future.

   Also there's the threat of war on Polish soil, which affects investor sentiment.

   1. Aeolun · 1790759051 · focus · HN ↗

      Germany hasn’t historically been nice about leaving Polish oil to the Polish when they decide they need it though?

      1. oblio · 1790760823 · focus · HN ↗

         Poland barely had any oil. If you want to go "historical", Romania was the source of oil for Germany during WW2 (and Austria-Hungary also wanted to take over Romanian oil fields in WW1).

Unofficial Hacker News client; not affiliated with Y Combinator.