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I Warned You This Was Coming 1/19/24

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1 hour ago, Jorma said:

No. On the news front it's the passage of a 7 week funding bill. Everyone was worried the hard core in the House was really going to do it this time and shur er down. So silly.ย  No, little Mike Johnson did was all other congressional GOP leaders have done for yearsย  after they get an offer they can't refuse. They fold.ย  Now who delivers these offers they can't refuse I'll leave you to guess.

Seems everytime CONgress stalls a little bit on "funding the US" to "Save The World"

and then does whatever (Blows smoke up everyone A$$ in general)........

New highs on the Fraudexes.......

>: Who said there is no DC Santa Claus. I would say tooth fairey, but Monday I have a dental appt. that

may cause me to lose a tooth........The replacement/FIx Surgery may cost more than........

>:: EOD/EOW = HOD.....Crime Pays for Them....

>::: And another RIP JOB to ATH......that F'in Easy.......

>::::: "Stock Buybacks Return Full Blast In 1 Week"........GS

(do they ever really stop with the help of the US Fed/Treasury, et. al)

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If you need expensive dental work, take a vacation in Croatia instead and get the dental work done for 85% less than in the US. Highly skilled dentists. Modern facilities. Those of you who were here may remember,ย I did it 5 years ago and got $14,000 US dental work done for $2,200. And it held up great. Enjoyed 6 weeks in Split Croatia.

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Hey Doc, any idea how much it would cost to get braces in Croatia? I have a co-worker that was looking into getting that here in Canada but was like, "no thanks" when she saw the costs ๐Ÿ˜.ย 

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12 hours ago, TSlim said:

Hey Doc, any idea how much it would cost to get braces in Croatia? I have a co-worker that was looking into getting that here in Canada but was like, "no thanks" when she saw the costs ๐Ÿ˜.ย 

80-85% less than in North America for all dental procedures.ย 

Not an endorsement - just an example. DYODD.ย 

https://www.mymeditravel.com/braces-procedures-in-croatia

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By the way, prices for dental work are about the same in Poland, but you don't want to go to Poland before May. The weather is awful in winter and tends to be rainy in April.ย 

I also had regular dental work there like fillings. An exam with a cleaning was 45 euros and a filling was also around 75 or 85.ย  Here's a sample price list.ย 

I highly recommend the great cities of Poland in summer. Warsaw, Krakow, Gdansk, or Wroclaw.ย 

https://www.mymeditravel.com/braces-procedures-in-croatia

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The S&P 500 closed at an all-time high.ย  The Russell 2000 is still in a bear market*, down more than 20% from its high.ย  That's never happened before.

The only times the Russell was more than 15% off its high were a handful of days from November 1998 - April 1999.

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1 hour ago, DrStool said:

ย 

I highly recommend the great cities of Poland in summer. Warsaw, Krakow, Gdansk, or Wroclaw.ย 

https://www.mymeditravel.com/braces-procedures-in-croatia

Thanks to the commitment to capitalism after 1990. If the people in Poland would have voted for social-dumbocrats or stuff like that those places would still look like Leningrad.

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4 hours ago, fxfox said:

Thanks to the commitment to capitalism after 1990. If the people in Poland would have voted for social-dumbocrats or stuff like that those places would still look like Leningrad.

Hard not to agree but there are a lot of voices that the country was sold.

Most companies are in the hand of foreign capital and that was one of the key point in last policital campaign.

Example in retail shop

- Lidl, Kaufland (de), Biedronka (Portugal), etc

- Carrefour, Auchan, Tesco (in the past)

- convenient stores ลปabka (US funds like cvc).

ย 

Sometimes polish capital has like max 25% market share like in telecoms

-Orange bought former incumbent Telekomunikacja Polska

- T-Mobile Polska bought Era, now offers mostly mobile services

- Play (now French Illiad) created from scratch

- Plus (privatized by polish billioner)

ย 

Capital has a nationality

Just to name an example

- French Illiad billionaire announced in Nov 2023 biggest AI investment in France

- in Poland Illiad just keep cutting costs and doingย  small csr projects

ย 

So in short, foreign HQ got bigger, and they develop more R&D at home. In other countries you do cheap shared services. Sometimes R&D.

ย 

So it's mix bag

I know countries like India or China or UAE where they approved mostly 50/50 JV instead of full privatization like in Poland.

ย 

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