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Poland will be as rich as the UK by 2030. In 1980, the UK was 62% richer per person. The IMF now projects the gap at 4%. Poland $75,000. UK $78,000. This is what compounding looks like when one country chooses pain and the other chooses comfort. On January 1, 1990, Poland flipped the entire economy in a single day. Price controls gone. Subsidies cut. Currency made convertible. The architect of the Balcerowicz Plan believed gradualism would kill the country, so the whole package took effect…
