> Brazil and especially argentina's financial problems were a result of international borrowing, not domestic borrowing.

Patently false. The public debt in Brazil has been almost entirely internal for the past 10 years. Should I show you a chart to settle it?

> Korea, Taiwan, Japan and china tried it with spectacular results.

Quite the opposite, actually. They received massive inflows of foreign investment, and very high domestic savings rate.

That's the difference you're not seeing: the Asian countries you mentioned have a history of very high savings rate, this generates a stock of capital that the government and companies can borrow at low costs to develop. Poland (and the LatAm countries I mentioned) have very low or negative savings rate, and almost no capital stock, so any increase in borrowing by the government has to be met with foreign capital or it will cause inflation and higher interest rates.