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  1. Join Date
    Nov 2005
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    #561
    continuation...

    since the govt took a lot of money from the private sector the government should accelerate spending so the money gets pumped back into the economy

    let the private sector earn that money back

    thing is if the government doesn't spend fast enough

    if they sit on the money they took from the private sector the economy will slow down

  2. Join Date
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    #562
    Quote Originally Posted by uls View Post
    continuation...


    thats not to say hindi hihina ang economy

    rising prices can slow down consumption and since PH economy is consumption driven, when the consumer pulls back, the economy slows down

    kaya nakatutok sa earnings reports ang mga stock investors

    everybody's looking for signs on whether the pinoy consumer is buying less

    and indeed there are already signs

    higher taxes take money away from the private sector

    money that should have been spent on buying stuff gets confiscated by the govt

    here's our money






    to be continued
    nope uls consumer spending is high. ako kasi lagi ako kung nasan bago. kanila lang nasa Landers Arcovia, grabe ang haba ng pila sa pizzahan. and haba din ng pila sa pagpapamember. and also Ayala Malls 30th and the New Podium have so many people these days.

    basta alam ko people are smart nowadays, they go to places where this is value or bang for the buck experience. the FB Pages are leading the way, coz of so many promos. Promos that you will never read on print or even ads.

    would I go to Eastwood, Glorietta, Greenhills these days to spend my money. a Big No. dami mas maganda malls and experience ngaun, why go to those old and aging mall styles of yesterdays.

    kanina nga sa Landers, I got a big chilled carrot cake for only P499 for my dad. pang pre-father's day ko na yun bukas sa tatay ko hihi,

    i also got green tea matcha powdered parang nescafe 3 in1, a small chunk of mozzarella cheese, a french vanilla cappucino powdered, all these are my tastes right now. sa Landers lang makikita. maybe in SNR too, pero S&R so jologs.

    sa Arcovia, kasama ko mga kapitbahay ko tiga Valle Verde. and also have free haircut, kahit araw-araw ako magpagupit, basta may proof of purchase ka lang. and best of all, FREE PARKING!

  3. Join Date
    Nov 2005
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    #563
    ngeeek

    Landers shoppers don't represent...

    anyway... let's wait nalang for further economic data

  4. Join Date
    Jan 2003
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    2,407
    #564
    Quote Originally Posted by uls View Post
    continuation...


    thats not to say hindi hihina ang economy

    rising prices can slow down consumption and since PH economy is consumption driven, when the consumer pulls back, the economy slows down

    kaya nakatutok sa earnings reports ang mga stock investors

    everybody's looking for signs on whether the pinoy consumer is buying less

    and indeed there are already signs

    higher taxes take money away from the private sector

    money that should have been spent on buying stuff gets confiscated by the govt

    here's our money






    to be continued
    I think ito yung crowding out effect. Most lending is gobbled up by the public sector crowding out the private sector. Tingin ko napupunuan ng public sector yung pagbaba ng consumption ng private sector. But let's see.

  5. Join Date
    Nov 2005
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    #565
    just some thoughts:



    higher taxes act as a brake

    you tax something high to discourage people from buying it

    evidence -- look at motor vehicle sales

    dunno about softdrinks i don't have data on softdrink sales

    --

    if govt economists are smart they know TRAIN law will slow down the economy if they don't offset it by spending the taxes they collected and spend it fast

    --

    it's weird that a govt will embark on an infrastruture spending spree when an economy is running hot

    governments usually engage in stimulus spending when an economy is sluggish to make up for the lack of private sector spending

    but our private sector spending is strong

    --

    the govt applies the brakes on consumer spending with TRAIN

    yeah meron naman tax cuts so more take home pay

    but higher prices easily offset the tax cuts

    --

    yes TRAIN caused inflation

    so did the weaker peso (higher import prices)

    so did rising global commodities prices since January 2018

    a global trade war should hold down commodities prices as global trade slows down coz many countries put up protectionist barriers
    Last edited by uls; June 16th, 2018 at 12:28 PM.

  6. Join Date
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    #566
    Quote Originally Posted by A121 View Post
    I think ito yung crowding out effect. Most lending is gobbled up by the public sector crowding out the private sector. Tingin ko napupunuan ng public sector yung pagbaba ng consumption ng private sector. But let's see.
    the government better spend spend spend

  7. Join Date
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    #567
    Quote Originally Posted by uls View Post
    the government better spend spend spend
    Looks like they really are.

  8. Join Date
    Nov 2005
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    #568
    good morning

    PHP weaker again this morning

    BSP rate decision on June 20


  9. Join Date
    Nov 2005
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    #569
    is USDPHP exchange rate now driving investor sentiment?

    PSEI down 2.37%

  10. Join Date
    Sep 2003
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    21,866
    #570
    As of June 18, 2018
    10:02:00 AM

    PSEi
    7,352.97
    DOWN-176.57
    DOWN-2.34%▼

    ALI
    38.65
    DOWN-0.50
    DOWN-1.28%▼

    AC
    931.50
    down -25.50
    down 2.68%

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Philippine Economy Talk