Philippine Economy Talk

**uls** · June 29th, 2020 11:39 AM

Originally Posted by shadow

Yup. Deep, deep recession...

6 months from now, hinde ko alam kung paano na Pilipinas? Unemployment, businesses closing left and right.

Diyan talaga ako natatakot sa massive unemployment, it's not gonna be safe for everybody. First I'm afraid for peace na order then uncertainty we don't what will happen again 6 months lang ang iniisip ko I might be personally be affected, walang makapagsabi...

Write off na nga 2020. So come 2021 recovery kung meron pang maiwan na i-recover?

Do you think PH have the ability to dig us out of this hole?

Sana makabawi sa mga end of the year pay mag open na at fully adjusted na with China virus kahit wala pang vaccine.

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If the gov't doesn't pump money into the economy PH won't be able to get out of the hole

without gov't help it's gonna be a long recession (in other words a depression)

**shadow** · June 29th, 2020 11:43 AM

Originally Posted by uls

If the gov't doesn't pump money into the economy PH won't be able to get out of the hole

without gov't help it's gonna be a long recession (in other words a depression)

Nadagdag pa pala mga bumalik na OFW and I think repatriation will still continue hanggang next year. Ano ikakabuhay dito kung hinde na maka abroad ulit or at least not in the immediate future.

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**misseksaherada** · June 29th, 2020 11:47 AM

mga nabuntis pa na wala sa plano nung ECQ.. tapos mawalan pa ng trabaho.. Paktay ang mahal pa naman ng gatas ngayon..

**uls** · June 29th, 2020 11:48 AM

yeah dami pa OFW babalik

hirap sitwasyon ng Pinas

**uls** · June 29th, 2020 12:48 PM

good news para sa lahat ng tsikot members

2 POGO nag pack up

bad news lang para sa mga landlord

**BlancNoir** · June 29th, 2020 12:50 PM

Originally Posted by uls

good news para sa lahat ng tsikot members

2 POGO nag pack up

bad news lang para sa mga landlord

daming alphard and hi-ace for sale ngayon.

**shadow** · June 29th, 2020 12:52 PM

Good! Nag drama pa PAGCOR na dahil hinde na daw ma-take ng mga intsik yun racism dito. Ulol! Ayaw lang magbayad ng taxes kaya umalis.

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**carwhacko** · June 29th, 2020 12:53 PM

Originally Posted by uls

^^^

kung ilan milyon ang nawalan ng trabaho (di pa sure ilan talaga) lahat yan wala na income so wala sila pang gastos

ung mga tindahan/kompanya na nakikinabang sa gastos na yan... will see a decline in sales

at dahil mas mahina ang kita ng mga tindahan/kompanya mag babawas din sila ng tao o magsara

so mas madami mawalan ng trabaho

chain reaction... interconnected lahat

kaya paulit ulit ko sinasabi sa thread na ito kailangan gumastos ang gobyerno para suportahan ang economy

bigyan ng gobyerno ng pera mga nawalan ng trabaho para may pang gastos (like DOLE 5000, SAP)

bigyan ng gobyerno ng pera mga kompanya para may pang sweldo para di mag bawas ng tao (like SSS wage subsidy)

basta kailangan ng gov't stimulus

But my question naman now is willing ba govt to do this? I mean priority ba nila yan? Hay!

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