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  1. Join Date
    Aug 2003
    Posts
    9,720
    #13541
    Ever heard of the expression "putting lipstick on a pig"?

    BSP economists: Inflation uptrend to persist | Inquirer Business

    Uptrend pala ha...

  2. Join Date
    Nov 2005
    Posts
    1,078
    #13542
    Quote Originally Posted by RavenBlack View Post
    So to reduce debt, Sri Lanka had to sell assets ... win win win for China ... what a **** hole ... and that same **** hole is waiting for the Philippines to fall into ... mypres will see to that, I've no doubt.

    The IMF has encouraged Sri Lanka to trim spending by state-run enterprises through reforms and reduce its debt through asset sales.

    The process has already begun. Sri Lanka sold a 99-year lease to China in
    December granting rights to a harbor in the southern town of Hambantota in order to write off $1.1 billion in debt.

    For Beijing, which wants to establish footholds in the Indian Ocean, the financial deterioration of a maritime nation like Sri Lanka provides a golden opportunity. The lease sparked a backlash from regional rival India, since it offers China a potential harbor for its naval vessels.

  3. Join Date
    Sep 2003
    Posts
    25,189
    #13543
    The least Matet could have done is get a incompetant pretty bebot... hehehe

    Career diplomats want Cayetano, aides to resign | Philstar.com



    The career officers also mentioned DFA Undersecretary for Migrant Workers Affairs Sarah Lou Arriola, a non-career official, as another “liability” to the Duterte administration.

    Prior to her appointment to the DFA, Arriola had no experience whatsoever in dealing with Filipino migrant workers, they said.

    The officials said Arriola’s only visible credential is her close ties with Cayetano.

    “Yet Arriola was the one who authorized the dispatch of rapid response teams (RRT) to Kuwait whose marching orders were to conduct more rescue of distressed Filipino housemaids, take videos of the rescue and upload them in FB (Facebook) for the whole world to see.”

    They said Arriola was apparently ignorant of the 1961 Vienna Convention on Diplomatic and Consular Relations that she even went to Kuwait twice to personally instruct the rescue teams to intensify their operations in an attempt to show that Cayetano is on the side of the Filipino workers.

    They claimed Arriola had flunked the Foreign Service Officers examinations.

    “(She has) no moral ascendancy over career officers whom she treated with contempt, wanting to gain publicity to advance the sluggish political career of Cayetano,” they said.

    The officials said the RRT was an ill-advised move to rescue Filipino workers in Kuwait since it could only be made in war-torn countries with no functioning government.

    “Derisively referred to as “special forces“ by expats in Kuwait, Arriola’s RRT brought havoc to Philippine-Kuwait ties. Its blatant interference on its internal affairs was the main reason cited by the Kuwaitis in the expulsion of Ambassador Villa,” they said.
    Last edited by Monseratto; May 2nd, 2018 at 10:40 AM.

  4. Join Date
    Nov 2010
    Posts
    25,276
    #13544
    Totally agree. As I said competitive advantage narin yan so obviously magshift dun focus because that is one of the easiest way to get out of poverty. And there is nothing wrong with that.

    Ang mali is napabayaan yung support sa OFW at nacorrupt yung remittances nila ng Gov't. Yun ang talagang problema. Iniiwas pa kasi isyu sa kapalpakan ni DFA cayetano.
    Quote Originally Posted by badkuk View Post
    sir planado nga ba talaga yan? feeling ko the OFW thing evolved out of necessity rather than some program by our government...that came afterwards na,and is still sorely lacking.


    Imho it's more of walang makain ang tao kaya nag iibang bansa more than anything else.
    Sent from my LG-H990 using Tapatalk
    Fasten your seatbelt! Or else... Driven To Thrill!

  5. Join Date
    Nov 2005
    Posts
    45,927
    #13545
    China's plan

    establish bases along its trade route

    from SCS to the Indian Ocean and beyond

    building bases in SCS is only a small part of a bigger plan

    so is Sri Lanka

    and Maldives

    and Pakistan


  6. Join Date
    Nov 2005
    Posts
    45,927
    #13546
    Quote Originally Posted by badkuk View Post
    Ever heard of the expression "putting lipstick on a pig"?

    BSP economists: Inflation uptrend to persist | Inquirer Business

    Uptrend pala ha...
    last month they said this rising inflation is "transitory"

    they're finally realizing it's gonna go higher if they do nothing

    we'll see if they move this month

  7. Join Date
    Dec 2017
    Posts
    140
    #13547
    Quote Originally Posted by uls View Post
    China's plan

    establish bases along its trade route

    from SCS to the Indian Ocean and beyond

    building bases in SCS is only a small part of a bigger plan

    so is Sri Lanka

    and Maldives

    and Pakistan


    Do you think PH is on the this list as well?
    I may think so. But they may not need debt traps to get their hands on our harbours or airfield -- they have spratlys and most of it already.

  8. Join Date
    Dec 2017
    Posts
    140
    #13548
    Quote Originally Posted by zoomzoom View Post
    So to reduce debt, Sri Lanka had to sell assets ... win win win for China ... what a **** hole ... and that same **** hole is waiting for the Philippines to fall into ... mypres will see to that, I've no doubt.

    Notice the rise of Chinese teen worker in PH nowadays? Its also part of the scheme. China never invest on other countries if they can't get the bigger pie of the deal. When they invest, its only their money, but the workforce is chinese being brought to work here as locals (free of tax ofcourse), their machines and equipments are shipped here and not purchased locally (ofcourse tax free shipping), even their buildings are being built by chinese contractor employing chinese workers.

    Example: I know a dozen chinese BPO company registered in Sta. Ana Cagayan which made their way into Makati and NCR just months ago. Go figure.

  9. Join Date
    Nov 2005
    Posts
    45,927
    #13549
    Quote Originally Posted by DenNix View Post
    ........When they invest, its only their money, but the workforce is chinese being brought to work here as locals (free of tax ofcourse), their machines and equipments are shipped here and not purchased locally (ofcourse tax free shipping), even their buildings are being built by chinese contractor employing chinese workers.
    which is something i said many many pages ago

    - - - - - - - - - - - - - - - - - - - - - -

    Quote Originally Posted by DenNix View Post
    Do you think PH is on the this list as well?
    I may think so. But they may not need debt traps to get their hands on our harbours or airfield -- they have spratlys and most of it already.
    obviously

    i did mention SCS diba


    from SCS to the Indian Ocean and beyond

  10. Join Date
    Nov 2005
    Posts
    45,927
    #13550
    tapos people are surprised may runways sa south china sea artificial islands

    hello

    syempre

    those islands are basically stationary aircraft carriers

  11. Join Date
    Nov 2005
    Posts
    45,927
    #13551
    i said it before

    China has industrial overcapacity

    their GDP has fallen from double digits to single

    that's a lot of excess capacity

    to put their companies and people to work, they're exporting that overcapacity ---> overseas infrastructure projects so their companies and people will have something to do

  12. Join Date
    Nov 2005
    Posts
    45,927
    #13552
    page 1170



  13. Join Date
    Sep 2003
    Posts
    25,189
    #13553
    Obviously the Tulfo Brothers never heard about satirical comments...
    Ang pikon ...talo.



  14. Join Date
    Feb 2006
    Posts
    771
    #13554
    Quote Originally Posted by Monseratto View Post
    Obviously the Tulfo Brothers never heard about satirical comments...
    Ang pikon ...talo.


    what do you expect from this assholes?mana sa kanilang amo na pikon din , takot naman sa mga babae......

    kahit kelan di ako bumilib dyan sa mag Tulfo puro dada yang mga yan , mahilig manindak pero tiklop nga ke Raymart hehehehe

    sus

  15. Join Date
    Oct 2002
    Posts
    5,619
    #13555
    Quote Originally Posted by threx666 View Post
    what do you expect from this assholes?mana sa kanilang amo na pikon din , takot naman sa mga babae......

    kahit kelan di ako bumilib dyan sa mag Tulfo puro dada yang mga yan , mahilig manindak pero tiklop nga ke Raymart hehehehe

    sus
    Isumbong mo kay Raymart!

  16. Join Date
    Mar 2006
    Posts
    19,003
    #13556
    ^ kay claudine na lang. mas basag ulo iyon

  17. Join Date
    May 2006
    Posts
    1,668
    #13557
    Quote Originally Posted by DenNix View Post
    Notice the rise of Chinese teen worker in PH nowadays? Its also part of the scheme. China never invest on other countries if they can't get the bigger pie of the deal. When they invest, its only their money, but the workforce is chinese being brought to work here as locals (free of tax ofcourse), their machines and equipments are shipped here and not purchased locally (ofcourse tax free shipping), even their buildings are being built by chinese contractor employing chinese workers.

    Example: I know a dozen chinese BPO company registered in Sta. Ana Cagayan which made their way into Makati and NCR just months ago. Go figure.

    Yup! Kapit bahay ko now, 2 brand new houses, housing numerous chinese employees that doesn't speak english.
    Ang pinoy lang dun... Maid nila and driver.

    GG Du30 moves!

  18. Join Date
    Jan 2013
    Posts
    1,851
    #13558
    Yung building malapit sa B-side collective sa Malugay, Makati puro Chinese. Puro FOB.obvious galing mainland.

    Sent from my ONEPLUS A3000 using Tapatalk

  19. Join Date
    Sep 2015
    Posts
    13,917
    #13559
    Quote Originally Posted by uls View Post
    i said it before

    China has industrial overcapacity

    their GDP has fallen from double digits to single

    that's a lot of excess capacity

    to put their companies and people to work, they're exporting that overcapacity ---> overseas infrastructure projects so their companies and people will have something to do

    Hindi na ba one child policy ang china?

  20. Join Date
    May 2014
    Posts
    14,700
    #13560
    Quote Originally Posted by kagalingan View Post
    Hindi na ba one child policy ang china?
    afaik matagal na wala ito

    edit: recently lang pala

    One-child policy - Wikipedia

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