Digong, The President

[heavenlee]

kaya i watch things like USDPHP, PH dollar reserves, trade balance, current acct deficit, inflation rate, BSP action or inaction etc

gotta catch early warning signs if things start to go bad

buy dollars and other assets that will hold value in hyperinflationary times

coz by the time bad things are obvious it's too late

loss of confidence in a currency happens very fast

You do this on a daily basis sir? This is your job? Your hobby? Pastime? You scared of this admin? Lack of confidence with our President? Or just plain paranoid?
Curious as to the WHY's of why you do this -- monitor.

[Yatta]

I had to watch the full-length FB live video of this! Grabe what a circus!

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You should try watching Mocha's excuse for the video. Laughtrip!

[Ry_Tower]

Pa post naman. No time to research

You should try watching Mocha's excuse for the video. Laughtrip!

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[uls]

You do this on a daily basis sir? This is your job? Your hobby? Pastime? You scared of this admin? Lack of confidence with our President? Or just plain paranoid?
Curious as to the WHY's of why you do this -- monitor.

i follow global markets daily not just PH

evolved from following dollar yen (coz importer) to following almost everything (forex, commodities, bond yields etc)

not doing this only recently coz of this admin, been doing this way before pa

but things need to be watched more closely with this admin coz the leader is populist (i've posted dati i see parallels with Venezuela)

populists tend not to be knowledgeable of economics

they come up with ideas without thinking about funding (then it's the job of their finance ministers to come up with the money)

outcome of populist policies are usually not good

[jut703]

i follow global markets daily not just PH

evolved from following dollar yen (coz importer) to following almost everything (forex, commodities, bond yields etc)

not doing this only recently coz of this admin, been doing this way before pa

but things need to be watched more closely with this admin coz the leader is populist (i've posted dati i see parallels with Venezuela)

populists tend not to be knowledgeable of economics

they come up with ideas without thinking about funding (then it's the job of their finance ministers to come up with the money)

outcome of populist policies are usually not good

But why? Hobby or trabaho?

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[uls]

for example raising SSS pension

i may not be pro-Aquino but i know when to give a guy credit

he didn't allow raising pension coz SSS can't afford it

but this populist du30 raised it as soon as he became president

coz it's popular

same with ending endo

coz it's popular

[dreamur]

kaya i watch things like USDPHP, PH dollar reserves, trade balance, current acct deficit, inflation rate, BSP action or inaction etc

gotta catch early warning signs if things start to go bad

buy dollars and other assets that will hold value in hyperinflationary times

coz by the time bad things are obvious it's too late

loss of confidence in a currency happens very fast

Don't worry uls, okay lang yan...basta hindi..............
.
.
.
.
.apektado ang mga mayayaman. Marami silang dollars. :D

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[dreamur]

Pa post naman. No time to research

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Here u go...

Koko urges Mocha to go on leave after 'federalism' video | Philstar.com

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[dreamur]

for example raising SSS pension

i may not be pro-Aquino but i know when to give a guy credit

he didn't allow raising pension coz SSS can't afford it

but this populist du30 raised it as soon as he became president

coz it's popular

same with ending endo

coz it's popular

Hmmm...change of heart? That is a good sign uls. Im glad. Seriously.

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[uls]

But why? Hobby or trabaho?

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both po

coz of my interest in this stuff an uncle, cousins, an aunt have assigned me to alert them on things like exchange rates and bond yields

[fleas2016]

I'd do this too if I have the time and know how. My main motivation would be because of my own or families investments on financial instruments. Uls said better to know ahead of time of any market swings. That's most likely to make pre-emptive moves before it's too late..

But whether its work or not, that's another thing.

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[uls]

Hmmm...change of heart? That is a good sign uls. Im glad. Seriously.

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dati ko pa po nasabi populist si du30

baka sabihin mo eto na naman si uls kino-quote uli sarili niya

pero eto:

posted May 10, 2017

Originally Posted by uls

I remember i had a discussion with a group of friends (anti and pro du30)

They're mostly business people

I cited venezuela as an example of populism gone wrong

Populist leaders will blame businesses when there are food shortages (hoarding daw)

But it's the government's fault in the first place

In response to high inflation the govt imposes price controls

So businesses stop importing coz they'll be losing money

Which results in shortages

The govt then goes after businessmen to appease the masses

But that doesn't solve the shortage problem

I told them du30 is a populist

His populist policies (end contractualization, tax exemptions for low income earners, raising taxes elswhere, etc) could cause high inflation

So in reaction, the govt will act like any populist govt -- impose price controls

Which will cause shortages and even higher inflation (and of course widespread anger among the masses)

The govt will then go after businessmen to appease the masses

[Archerfish]

I had to watch the full-length FB live video of this! Grabe what a circus!

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Out of curiosity, I just watched the first 30 seconds and that was enough to make me laugh! I didn't finish as it might cause my tummy to hurt.

hahahahahahahahaha

PE PE PE

DE DE DE

PE DE RE LIS MO!

I better take my lunch. 😀

[dreamur]

dati ko pa po nasabi populist si du30

baka sabihin mo eto na naman si uls kino-quote uli sarili niya

pero eto:

posted May 10, 2017

Yes, nasabi mo na yan. I am referring to your views now na medyo you criticize na digong and give credit to LP. Tell me, do you still feel strongly na okay lang basta hindi dilaw?

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[uls]

I'd do this too if I have the time and know how. My main motivation would be because of my own or families investments on financial instruments. Uls said better to know ahead of time of any market swings. That's most likely to make pre-emptive moves before it's too late..

But whether its work or not, that's another thing.

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yes that's the goal

to make decisions earlier

when you watch things closely all day everyday you tend to see things regular news readers/watchers don't

by the time it's on the news it has already happened

[uls]

Yes, nasabi mo na yan. I am referring to your views now na medyo you criticize na digong and give credit to LP. Tell me, do you still feel strongly na okay lang basta hindi dilaw?

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masyado inalagaan ng LP mga ka-uri nila

kaya nagkaroon ng disenchantment that resulted in a populist president

when you have too much concentration of wealth at the top this is what happens

this is the consequence

etong rise ni du30, hindi ito walang pinanggalingan

[dreamur]

masyado inalagaan ng LP mga ka-uri nila

kaya nagkaroon ng disenchantment that resulted in a populist president

when you have too much concentration of wealth at the top this is what happens

this is the consequence

etong rise ni du30, hindi ito walang pinanggalingan

Im sure you are aware that inaalagaan din ni digong ang taga davao, members of lex talionis at alleged drug lords. So pareha lang kahit sino pa ang uupo dyan. Pero at least sa LP hindi ka ganito ka stress mag monitor ng world economy at currency fluctuations.

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[KingoftheNorth]

Haha!

Anytime you think Mocha Uson couldn't get any dumber, she just sets the bar a lot lower.....

Nabutas na ang floor level, bumababa pa rin!

[uls]

Im sure you are aware that inaalagaan din ni digong ang taga davao, members of lex talionis at alleged drug lords. So pareha lang kahit sino pa ang uupo dyan. Pero at least sa LP hindi ka ganito ka stress mag monitor ng world economy at currency fluctuations.

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well, yan ang consequence

i know you're tired of me posting like this but even you see it -- favor has shifted towards davao and cebu promdi elites, away from the manileno/forbes-park elite

ganyan talaga eh

they're counterbalancing what LP did

[_Cathy_]

i follow global markets daily not just PH

evolved from following dollar yen (coz importer) to following almost everything (forex, commodities, bond yields etc)

not doing this only recently coz of this admin, been doing this way before pa

AFAIK, since I have known you, so that's about a decade. hehehe.