Philippine Economy Talk

[uls]

meron term/category sa bank na Too Big to Fail, banks like BPI and BDO, BSP will do everything it can to prevent closure of said banks, LandBank din nga pala since depository bank ng phil government

international term is GSIB -- global systemically important banks

(hello Cathy)

[uls]

Herd immunity is sasadyain macontract yung sakit assuming malakas naman at makakasurvive para immune na sila at hindi mahawaan yung mga vulnerables. Won't work in the PH setting imo dahil hindi naman tayo tulad ng UK or US that the young move out of their homes, we live with our elderly may extended family pa. Hindi rin uso dito ang home for the aged. Also, this won't be achieved without many deaths dahil hindi naman guaranteed na bata at healthy, magsusurvive. Will likely collapse healthcare system too. Pag tumagal ito ng walang vaccine, I think we will eventually get to herd immunity. But by then marami na din namatay.

I think the lockdown helped keep the situation under control nung una, problema lang kasi tumagal tapos walang bagong ginawa, lockdown lang.

mission impossible kasi sa mga urban poor areas dikit dikit mga tao nagpapalitan ng hininga

[shadow]

Crush was able to speak with several people who lost their jobs and they still support the admin, ang common na sagot "ganyan talaga ang buhay" Hindi ko alam kung maiinis ako o mabibilib ako sa dutertards.

This is what I saw when I opened my email "Kindly note that the retirement fund has been impacted by the market downturn due to the COVID-19 pandemic"

Uy! Akala ko suspended din si cathy. [emoji23]


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[shadow]

mission impossible kasi sa mga urban poor areas dikit dikit mga tao nagpapalitan ng hininga

So paano nga gagawin? Sunugin na lahat ng squatter areas?

Kahit meron ng vaccines. Gaano tayo kabilis mabibigyan ng allocation?


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[_Cathy_]

international term is GSIB -- global systemically important banks

(hello Cathy)

Hahaha! I was amazed you know that report which I really dread

Retirement fund namin na affect na tuloy because of china virus

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[Little Missy]

Ang nakakatawa eh marami pa rin supporters yung admin na to kahit sobrang f'd up ng COVID response and tinatamaan na sila directly.

So minsan ang hirap maawa sa mga tinamaan - eh ginusto nila yan eh.

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Yung binoto nila si duts tapos ngayon bash ng bash kay mayor at kapitan about ayuda tapos ang linya, "sabi ni presidente, sabi ni cayetano..." eh hello lgu nga ang kumikilos at budget ng lgu yan sila pa inaaway niyo.

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[shadow]

Hahaha! I was amazed you know that report which I really dread

Retirement fund namin na affect na tuloy because of china virus

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43 yrs old ba sa inyo pwede na early retirement? Avail mo na?


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[uls]

So paano nga gagawin? Sunugin na lahat ng squatter areas?

Kahit meron ng vaccines. Gaano tayo kabilis mabibigyan ng allocation?


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haha grabe ka naman

we're gonna go into shoulda coulda woulda...

what the gov't should have done is take the positives out of the communities and put them is quarantine facilities like what Vietnam did

yan ang di ginawa ng gobyerno -- ung isolate

test, trace, isolate yan eh

puro mass testing mass testing lang naririnig natin

after testing they just send people home

ano silbi ng mass testing kung ganun

tapos contact tracing natin 1 layer lang yata

SK traces 3 layers of contacts

[uls]

Hahaha! I was amazed you know that report which I really dread

Retirement fund namin na affect na tuloy because of china virus

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don't worry nandyan naman si crush hehe

he got your back

[_Cathy_]

43 yrs old ba sa inyo pwede na early retirement? Avail mo na?


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Wala pa nga ko 40 [emoji33]

10 yrs with the company pwede na mag retire, 11 yrs na ko, kakasend lang ng statement ko Nalugi naman for 2020 kasi they invest that fund

don't worry nandyan naman si crush hehe

he got your back

Hahaha! That is my dream [emoji4]

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[greenlyt]

haha grabe ka naman

we're gonna go into shoulda coulda woulda...

what the gov't should have done is take the positives out of the communities and put them is quarantine facilities like what Vietnam did

yan ang di ginawa ng gobyerno -- ung isolate

test, trace, isolate yan eh

puro mass testing mass testing lang naririnig natin

after testing they just send people home

ano silbi ng mass testing kung ganun

tapos contact tracing natin 1 layer lang yata

SK traces 3 layers of contacts

kakaumpisa pa lang ang contact tracing, ngayon pa lang nag re-reccruit ang government ng contact tracers masyadong late na

[uls]

^^^

meron na talaga existing contact tracers pero kulang na kulang

[Monseratto]

Wirecard’s $2.1 Billion Hole Deepens After Forgery Claim

Wirecard AG shares continued their free-fall after the two Asian banks that were supposed to be holding 1.9 billion euros ($2.1 billion) of missing cash denied any business relationship with the German payments company.

BDO Unibank Inc., the Philippines’ largest bank by assets, and the Bank of the Philippine Islands said in separate statements on Friday that Wirecard isn’t a client.

“It was a rogue employee who falsified documents and forged the signatures of our officers,” BDO Unibank Chief Executive Officer Nestor Tan said in a mobile phone message. “Wirecard is not even a depositor -- we have no relationship with them”.

1 of 2 Asian banks: BDO under probe for $2.1B missing funds of German digital payment firm Wirecard

[shadow]

Victory liner daw mag layoff na ng 1k+ employees.

This is crazy at the same time scary.


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[StockEngine]

Victory liner daw mag layoff na ng 1k+ employees.

This is crazy at the same time scary.


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they won't operate at a loss,

half capacity lng for each bus... probably won't break even.

crime is gonna go up

[glenn_duke]

Wirecard’s $2.1 Billion Hole Deepens After Forgery Claim




1 of 2 Asian banks: BDO under probe for $2.1B missing funds of German digital payment firm Wirecard

Thats BS excuse , forged signatures of top officials?!?! , in a digital banking world.

[shadow]

When was the last time na ganito dito na everything's on a balance? Asian crisis?


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[JohnM]

Not bad:

China Bank declares P2.68 billion cash dividends; total assets expanded 1% despite ECQ | BusinessMirror

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[uls]

Wirecard’s $2.1 Billion Hole Deepens After Forgery Claim




1 of 2 Asian banks: BDO under probe for $2.1B missing funds of German digital payment firm Wirecard

Wirecard will sue

[uls]

Victory liner daw mag layoff na ng 1k+ employees.

This is crazy at the same time scary.


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When was the last time na ganito dito na everything's on a balance? Asian crisis?


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kaya lahat ng nakausap ko iisa ang sinabi "survive 2020"