so now we have an incompetent govt + Fed tighter monetary policy + higher oil prices
perfect storm
so now we have an incompetent govt + Fed tighter monetary policy + higher oil prices
perfect storm
One thing we should not forget is that the previous admin did nit have this problem, and we will not know what they would have done instead.
But as badkuk said, at least they tried to maximize it and improved on the positive factors, something this current admin has done in reverse. And that means something. The talented (16M-21M, depending on who you believe) voters did great indeed.![]()
CMIIW uls ha,
malas na nga sya dahil sabi mo Duterte took over when the Dollar is strengthening but does his antics of cursing America, the Pope , EU etc , has led to investors shy away from PH ; help our situation in any way?
kahit yung basic protocol ng independence of every branch of govt eh pinapakialamn nya , what right minded investor would invest his money in an economy where the government is run by an idiot, dictator wanna be?
sabi nga sa taas eh instead of putting out the fire they are putting in gasoline , does that solve the problem?
This admin may end up building roads and bridges leading to nowhere. Dami mga developments sa China -- whole cities -- that are ghost towns now.
If they intend to make the goose' golden eggs more accessible to all, they should take care not to kill it in the process.
they build to keep their people busy and companies running
coz idle people --> civil unrest --> instability (threat to govt)
after buidling ghost cities they're exporting
building stuff in poor countries using Chinese loans, labor, materials and equipment
China needed du30 to get into PH coz Aquino unfriendly to China
Should Trump expect a recession? Every Republican since Teddy Roosevelt has had one in their first term - MarketWatch
Kung magkatotoo, stronger PHP in 2020?
Yung unfortunate landslide sa Benguet is not the fault of the goverment but the hard headedness of the ILLEGAL residents(SQUATTERS) who refused to leave the area. The area was already declared a danger zone and the police urged the ILLEGAL miners and their families to evacuate... Nag matigas and now the consequence.
re whether US recesssion is likely
1. Trump's fiscal stimulus will wear off by 2020
2. trade war with China --> higher taxes on imports from China = higher prices for US consumers
3. higher inflation --> Fed will keep raising interest rates = slower growth
4. economies outside the US are already slowing = less demand for US exports
5. protectionist barriers = slower global trade
the US economy will slow down as Trump's 1st term comes to an end
And the gma backed purge continues in congress. Digong pointman karlo Nograles is said to be ousted soon from his chairmanship of the appropriations committee.
Gma is playing the dutertes like a pawned flute. Walang wala sa political maneuvers iyong mag-ama.
do what you gotta do so you can do what you wanna do
I bought celery yesterday and it's at P650 per kilo!!! Carrots P200 per kilo, this used to be P40 only (P80 at it's highest), I am not good with prices but I am familiar with carrots because my fat lab eats carrots regularly.
It makes me wonder how minimum wage earners are coping with the price increase in food.