New and Used Car Talk Reviews Hot Cars Comparison Automotive Community

The Largest Car Forum in the Philippines



Page 183 of 355 FirstFirst ... 83133173179180181182183184185186187193233283 ... LastLast
Results 1,821 to 1,830 of 3547
  1. Join Date
    Nov 2010
    Posts
    21,653
    #1821
    Quote Originally Posted by dreamur View Post
    A hypothetical question - what if a 2nd wave and a 3rd wave happen? Will it not overwhelm the healthcare system and spike the curve up? In this scenario, lifting the ECQ will end up screwing the economy more.

    In my own selfish way, why support a government who runs this country like a family business? Let the economy crumble so people will realize there is a need for a leadership change.

    Sent from my SM-N970F using Tapatalk
    Kawawa kasi ang ordinaryong tao at yung mga healthcare personnel. Kaya need talaga combination ng mass testing, to check hot spot areas and to raise awareness and fear -in a good deterrent way - sa mga tao dun at quarantine facilities.

    If hindi naman kasi critical or severe at puro mga asymptomatic lang yung mga natest din somehow good news yun. Iquarantine sila para hindi na manghawa plus give some form of freedom para sa mga tao sa areas na yun para makapagtrabaho na. Yes to reduced movements and operations sa areas na mataas pa positive cases pero hindi yung full shutdown mode.

    Yun dapat gawin ng national at local govt para kahit papano hindi sobrang costly sa part nila and at the same time hindi magiging sobra reliance ng mga tao sa ayuda. The government must find a middle ground na kasi sobrang tagal na 2 months.

    Sent from my SM-N960F/DS using Tapatalk
    Last edited by Ry_Tower; May 9th, 2020 at 11:44 AM.

  2. Join Date
    Nov 2005
    Posts
    34,815
    #1822
    Quote Originally Posted by dreamur View Post
    A hypothetical question - what if a 2nd wave and a 3rd wave happen? Will it not overwhelm the healthcare system and spike the curve up? In this scenario, lifting the ECQ will end up screwing the economy more.
    that's not hypothetical

    that will happen

    you reopen the economy while there's still a highly contagious virus spreading more people will definitely get infected and about 10% will develop severe symptoms and need hospitalization

    that's why the gov't should build up healthcare capacity during the lockdown to be ready when the economy is reopens

    mild cases should be put quarantine centers instead of hospitals so hospitals will have room for severe cases only

    are there enough quarantine centers? probably not

    are there enough ICUs/ventilators? probably not

    the healthcare system is not overwhelmed now but can it be overwhelmed when the economy reopens? YES

    then the gov't implements another lockdown

    this is modeling from imperial london back in March

    they project on again off again gov't intervention all the way out to 2021



    i will reply to the other half of your post later

  3. Join Date
    Nov 2005
    Posts
    34,815
    #1823
    continuation:

    Quote Originally Posted by dreamur View Post
    In my own selfish way, why support a government who runs this country like a family business? Let the economy crumble so people will realize there is a need for a leadership change.

    Sent from my SM-N970F using Tapatalk

    if the economy "crumbles" the public won't be blaming the gov't

    everyone knows it's due to the virus

    and everyone will see naman that it's not only PH that suffers a recession

    it's global

  4. Join Date
    Sep 2003
    Posts
    21,866
    #1824
    Just to think 2 months ago, job security wasn't an issue Now millions are out of work, with little prospect makakuha sila ng job agad. Maraming tao will develop mental problems because of this.

  5. Join Date
    Nov 2005
    Posts
    34,815
    #1825
    the longer you maintain the lockdown the harder it is for the economy to bounce back

    people are using their savings during lockdown

    when the economy reopens people aren't going shopping agad

    they'll be rebuilding their savings

    that's for those who still have a job to go back to

    -

    companies have cut capex

    that's gonna reverberate all throughout the economy

  6. Join Date
    Feb 2008
    Posts
    10,760
    #1826
    Quote Originally Posted by uls View Post
    continuation:




    if the economy "crumbles" the public won't be blaming the gov't

    everyone knows it's due to the virus

    and everyone will see naman that it's not only PH that suffers a recession

    it's global
    And if the economy remains relatively stable inspite of the pandemic, everyone will be praising the government, right? PHP is still stable, right? Credit rating is still good, right? So why extend the lockdown and risk a blacklash? So the lifting is purely to save face and avoid a public outrage. Let's deal with wave 2 when it comes later.

    Sent from my SM-N970F using Tapatalk

  7. Join Date
    Oct 2017
    Posts
    3,219
    #1827
    Quote Originally Posted by uls View Post
    the longer you maintain the lockdown the harder it is for the economy to bounce back

    people are using their savings during lockdown

    when the economy reopens people aren't going shopping agad

    they'll be rebuilding their savings

    that's for those who still have a job to go back to

    -

    companies have cut capex

    that's gonna reverberate all throughout the economy
    HA! you underestimate the common Filipinos' mindset and spending habits! Mga galit sa pera!

    Anyhow, for the economy to bounce back, we should capitalise on what we do best: service. kaso social distancing so nada!

    so 2nd best which is the industrial sector. Sana the gov will prioritise this sector and yung funding nila for services, malipat sana bulk dito.

    3rd contributor is agriculture. If only we can restart the agriculture sector of the PH, at least we wont rely much on imports. For sure our GDP will bounce back in no time.

  8. Join Date
    Nov 2010
    Posts
    21,653
    #1828
    Quote Originally Posted by uls View Post
    continuation:




    if the economy "crumbles" the public won't be blaming the gov't

    everyone knows it's due to the virus

    and everyone will see naman that it's not only PH that suffers a recession

    it's global
    Unless its politicized beyond what is truly chargeable to the administration.

    Some of the problems are still because of the missteps of the government. Not all of this is due to the virus alone.

    Sent from my SM-N960F/DS using Tapatalk

  9. Join Date
    Nov 2005
    Posts
    34,815
    #1829
    Quote Originally Posted by dreamur View Post
    And if the economy remains relatively stable inspite of the pandemic, everyone will be praising the government, right? PHP is still stable, right? Credit rating is still good, right? So why extend the lockdown and risk a blacklash? So the lifting is purely to save face and avoid a public outrage. Let's deal with wave 2 when it comes later.

    Sent from my SM-N970F using Tapatalk
    every government had to spend more money coz of this virus

    US



    di ko alam ano ang point mo at ano ang dapat

    hindi ba dapat gumastos nang malaki ang gobyerno natin to make up for the lost economic activity from the private sector?

    ung pera na dapat nag circulate sa economy since mid-March nawala

    the least the gov't can do is replace some of the money to keep the economy alive

    we're not even talking about stimulus

    it's emergency blood tranfusion due to massive blood loss

    the gov't is considering lifting ECQ coz hindi na talaga kaya

    the gov't cannot support the economy by itself

    di niya kaya bigyan nang bigyan ng pera mga tao na walang sweldo habang lockdown

    --

    ano ang dapat?

    extend lockdown para hindi mag 2nd wave?

    as if hindi na-consider ng gobyerno na pwede mag second wave

    paulit ulit minemention sa TV ang 2nd wave tuwing may gov't official na iniinterview

    sabi nga ng isang tsikot member mahirap ung desisyon
    Last edited by uls; May 9th, 2020 at 02:21 PM.

  10. Join Date
    Nov 2005
    Posts
    34,815
    #1830
    Quote Originally Posted by BlancNoir View Post
    HA! you underestimate the common Filipinos' mindset and spending habits! Mga galit sa pera!

    Anyhow, for the economy to bounce back, we should capitalise on what we do best: service. kaso social distancing so nada!

    so 2nd best which is the industrial sector. Sana the gov will prioritise this sector and yung funding nila for services, malipat sana bulk dito.

    3rd contributor is agriculture. If only we can restart the agriculture sector of the PH, at least we wont rely much on imports. For sure our GDP will bounce back in no time.
    rosy theoretical stuff

    i'll just wait for econ data

    Q1 -0.2%

    Q2 is already in deep contraction

    Q3 will be struggling (that is if there's no lockdown)

    and Q4?

    Christmas season 2020 will be far from previous Christmas seasons

    --

    OFW remittances (one of the main drivers of the economy) will definitely be reduced this year
    Last edited by uls; May 9th, 2020 at 02:31 PM.

Tags for this Thread

Philippine Economy Talk