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  1. Join Date
    Jul 2008
    Posts
    7,119
    #8501
    ^
    For some reason an image of Michael Buffer as clerk of court announcing Atty. Pacquiao came to mind.

    Wishful thinking by CSIS?
    Duterte urged: Assert PH rights in South China Sea | INQUIRER.net Mobile

    After all, he has wished for China patrols in the Sulu sea. All this despite the ramp up of military installations in the WPS.

    But from his own mouth, only 2 out 5 things he says are true.
    Headlines | Philstar Mobile

    Dismal average, specially depressing when it is up to the public to figure out which 2 out of the 5 pronouncements are true.

    Exciting times ahead. 😛

  2. Join Date
    Sep 2015
    Posts
    13,917
    #8502

  3. Join Date
    Jan 2007
    Posts
    3,444
    #8503
    2016:

    Quote Originally Posted by badkuk View Post
    Duterte: Abu Sayyaf are not criminals


    i understand he may want to avoid ruffling the feathers of the MNLF/MILF, pero di ba initakwil na rin nila yung ASG?
    Quote Originally Posted by minicarph View Post
    i agrre with our dear President that the ASG are not criminals...

    2017:

    Duterte apologizes for German’s death | Philippine Daily Inquirer
    DJ Yap March 1, 2017

    President Duterte apologized to the German government on Tuesday for the death of a German hostage whose gruesome beheading over the weekend was publicly released by the militant Abu Sayyaf group.

    “I am very sorry that the hostage, a national of your country, has been beheaded,” President Duterte said in Malacañang. “I sympathize with the family, I commiserate with the German people. There is nothing wrong in admitting a failure, but it is a matter of policy that we do not surrender to the demands of paying ransom.”

    He stressed that a massive military operation has been going on in southern Jolo island to crush the Abu Sayyaf, which on Monday released a short video showing the death of Jürgen Kantner. The gunmen had given his family and the German government until Sunday to pay a P30-million ransom.

  4. Join Date
    Mar 2006
    Posts
    19,003
    #8504
    were sliding back to being the sick man of asia. what a difference 10 months make

    Asia's Ugly Duckling of the Year Is the Philippine Peso - Bloomberg

  5. Join Date
    May 2011
    Posts
    1,120
    #8505
    Quote Originally Posted by baludoy View Post
    were sliding back to being the sick man of asia. what a difference 10 months make

    Asia's Ugly Duckling of the Year Is the Philippine Peso - Bloomberg
    I think you should read this too
    DEBUNKING PHILIPPINE FOREX TURMOIL AS PERPETRATED BY FRIENDS OF LP

  6. Join Date
    Dec 2006
    Posts
    17,314
    #8506
    Quote Originally Posted by xninjax View Post
    So the credibility of Bloomberg is just the same as the credibility of a Facebook post? Just curious.

    Sent from my SM-N9208 using Tapatalk

  7. Join Date
    Jul 2008
    Posts
    7,119
    #8507
    Ah basta lahat ng nangyayari ngayon na ayaw nyo kagagawan ng dilawan na LP yan. 🤡

  8. Join Date
    Jan 2011
    Posts
    202
    #8508
    I dont know but is it just me that i always check for sources before i share posts

    Sent from my SM-G610Y using Tapatalk

  9. Join Date
    Feb 2008
    Posts
    12,683
    #8509
    Quote Originally Posted by jut703 View Post
    So the credibility of Bloomberg is just the same as the credibility of a Facebook post? Just curious.

    Sent from my SM-N9208 using Tapatalk
    Lol! The writer himself offered a disclaimer. He is presenting an "alternative fact".

    "The title suggests that Asia’s Ugly Duckling of the Year is the Philippine Peso. I’d like to present an alternative view, by looking at the big picture."

    -----------------------
    ➰Shine the light➰
    -----------------------

  10. Join Date
    May 2011
    Posts
    1,120
    #8510
    Quote Originally Posted by jut703 View Post
    So the credibility of Bloomberg is just the same as the credibility of a Facebook post? Just curious.

    Sent from my SM-N9208 using Tapatalk
    I am not qualified to determine credibility. So i ask the same question to you

    Lets remove the political color for a second and look at forex technical data.

    If you look at peso performance for this year(2017). It is indeed the ugliest duckling. Which makes the bloomberg article valid(I may be wrong as i compared it only to those mentioned in the fb article)

    On the other hand, if you also look at the bigger picture like 1-3-5 year time frame, some of our other asian neighbors' currency have performed even worse than us. Which makes the fb article also valid.

    I'll leave the political discussion to the folks on the board as i have no interest in it.

  11. Join Date
    Dec 2006
    Posts
    17,314
    #8511
    Quote Originally Posted by xninjax View Post
    I am not qualified to determine credibility. So i ask the same question to you

    Lets remove the political color for a second and look at forex technical data.

    If you look at peso performance for this year(2017). It is indeed the ugliest duckling. Which makes the bloomberg article valid(I may be wrong as i compared it only to those mentioned in the fb article)

    On the other hand, if you also look at the bigger picture like 1-3-5 year time frame, some of our other asian neighbors' currency have performed even worse than us. Which makes the fb article also valid.

    I'll leave the political discussion to the folks on the board as i have no interest in it.
    I am asking your personal analysis. It's impossible that you have no discernment of your own about matters of national interest. I'd like to know how you evaluate the credibility of a particular source.

    Also, this isn't about any political color. I don't know where you got that notion, but I'm only commenting based on the economic situation and not about political affiliation.

    The situation you're painting is actually important in establishing the context of the situation - Up until a year ago, the Philippines was handily outperforming its ASEAN peers. We were Asia's Bright Star. Our currency was stable because aside from domestic consumption, we were bolstered by our strong OFW remittances.

    This was, and is, our competitive advantage compared to other ASEAN countries. However, even if our growth story remains intact even today, a big factor that has changed is our political stability. We received credit upgrade after credit upgrade back then because financial institutions deemed us worthy of investment because of the conducive political and economic environment in the country. People like putting money in places where they can accurately forecast the trajectory of their investment.

    Today though, our government's rhetoric is very brash and wishy-washy. We bypass processes if it serves the objective of the administration, and we hide behind it if it's something that isn't a priority. This unpredictability is scaring investors away, and instead of investing in the Philippines with its optimal demographic and economic position but unstable outlook, foreign funds are looking to safer havens.

    Now, the Trump administration has also been a factor in the slump of the Peso. Money is coming back into the states because that's what their administration wants. However, it affects us more than other ASEAN peers partly because of the political uncertainty that we have today.

    Now I go back to asking your opinion, which narrative makes more sense to you and why? Like you said, let's remove political color and just focus on logic and facts.

    Sent from my SM-N9208 using Tapatalk

  12. Join Date
    Feb 2006
    Posts
    771
    #8512
    Quote Originally Posted by jut703 View Post
    I am asking your personal analysis. It's impossible that you have no discernment of your own about matters of national interest. I'd like to know how you evaluate the credibility of a particular source.

    Also, this isn't about any political color. I don't know where you got that notion, but I'm only commenting based on the economic situation and not about political affiliation.

    The situation you're painting is actually important in establishing the context of the situation - Up until a year ago, the Philippines was handily outperforming its ASEAN peers. We were Asia's Bright Star. Our currency was stable because aside from domestic consumption, we were bolstered by our strong OFW remittances.

    This was, and is, our competitive advantage compared to other ASEAN countries. However, even if our growth story remains intact even today, a big factor that has changed is our political stability. We received credit upgrade after credit upgrade back then because financial institutions deemed us worthy of investment because of the conducive political and economic environment in the country. People like putting money in places where they can accurately forecast the trajectory of their investment.

    Today though, our government's rhetoric is very brash and wishy-washy. We bypass processes if it serves the objective of the administration, and we hide behind it if it's something that isn't a priority. This unpredictability is scaring investors away, and instead of investing in the Philippines with its optimal demographic and economic position but unstable outlook, foreign funds are looking to safer havens.

    Now, the Trump administration has also been a factor in the slump of the Peso. Money is coming back into the states because that's what their administration wants. However, it affects us more than other ASEAN peers partly because of the political uncertainty that we have today.

    Now I go back to asking your opinion, which narrative makes more sense to you and why? Like you said, let's remove political color and just focus on logic and facts.

    Sent from my SM-N9208 using Tapatalk

    this is one of the best comment/explanation of our current market situation that I have read in a while and I couldn't agree more.

    reasonable people should look past the color of what you believe , instead focus on what is right and wrong.
    Blind following is what will lead us into further down the sh*thole.( pun unintended)

  13. Join Date
    Sep 2003
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    25,189
    #8513
    Another hollywood controversy in the making...


  14. Join Date
    Jun 2009
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    2,515
    #8514
    Duterte and Trump compared by a major US network

    In-depth look at the war on drugs in the Philippines - YouTube

  15. Join Date
    Jun 2009
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    #8515
    Quote Originally Posted by Monseratto View Post
    Another hollywood controversy in the making...

    PH slams U.S. show's portrayal of 'unconventional' PH president

  16. Join Date
    Jul 2008
    Posts
    7,119
    #8516
    Quote Originally Posted by threx666 View Post
    this is one of the best comment/explanation of our current market situation that I have read in a while and I couldn't agree more.

    reasonable people should look past the color of what you believe , instead focus on what is right and wrong.
    Blind following is what will lead us into further down the sh*thole.( pun unintended)
    Unfortunately most of the voting public have historically been enamored with personality politics, so policy/platform takes a back seat in the elections. Right and wrong also differs quite a bit depending on who you ask. Add fake news propaganda and the current climate is what we get.

  17. Join Date
    Sep 2003
    Posts
    25,189
    #8517
    Unanimous decision yung pag rejection ni amboy sa CA... Part of destabilization daw kaya di niya masagot ng matino yung US citizenship niya...

    BREAKING | CA rejects Yasay appointment

  18. Join Date
    Mar 2006
    Posts
    19,003
    #8518
    ^ Buti naman. Very dubious talaga character ni yasay . Kung hindi lang yan fellow bedan & frat brod ni d30 hindi naman mag resurface dito sa pinas iyong unggok na yan

    to be or not to be, that always confuses me!
    Last edited by baludoy; March 8th, 2017 at 05:36 PM.

  19. Join Date
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  20. Join Date
    Sep 2003
    Posts
    25,189
    #8520
    Career DFA undersecretary muna until ma-lift ung hiring ban ni Matet Amboy..

    Enrique Manalo named DFA acting secretary after Yasay rejection | Inquirer News

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