Philippine Economy Talk

[papi smith]

Like most, hindi pa breakeven ang position, more buying GSIS, SSS please [emoji75]

[NiCe2KnowU]

^ Sana bro ma ebreak even mo na, wag ka Muna average down

Lapit na Yan buhos NG PSEi 3k or 4k plus yan

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[mrkenneth]

The Philippines will not be poor forever, Filipinos just need to work hard and be patient.

[baludoy]

w/ the covid 19 plague as its backdrop, a japanese inkslinger writes a stinging rebuke to the claims and gains of the gov't

In June 2016, Duterte took over the presidency from Benigno Aquino, who had spent the previous six years repairing the national balance sheet. Aquino's success going after tax cheats, bringing accountability to government institutions and increasing transparency won Manila foreign investment and its first-ever investment-grade ratings.

Duterte was elected to turbocharge the reform process.

His 22 years running Davao City in the south accorded him folk-hero status. Mostly, though, he rested on Aquino's laurels. Instead of building up the economy, he launched a bloody war against the drug trade. Thanks to the average 6% growth in gross domestic product Aquino bequeathed him, Duterte figured the economy was already sorted.

But now inertia is no longer an option as consumption plunges, factory output slides and many of the pillars of growth Manila took for granted go wobbly, chief among them remittances. The cash that about 2 million Filipinos send home from Hong Kong, Dubai and cruise ships around the globe accounts for at least 10% of GDP. That cash is now in short supply as those jobs disappear. The same goes for tourism, which accounts for 25% of GDP.

read more -> Duterte cannot build his way out of Philippines' economic troubles -
Nikkei Asian Review

[dreamur]

w/ the covid 19 plague as its backdrop, a japanese inkslinger writes a stinging rebuke to the claims and gains of the gov't



read more -> Duterte cannot build his way out of Philippines' economic troubles -
Nikkei Asian Review

He will use this pandemic to mask his inefficiencies and corrupt practices and one day we will wake up with a ballooning external debt of almost a US$100B. Luckily we have China to bail us out.

Philippines Total Gross External Debt | 1981-219 Data | 22-222 Forecast



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[uls]

^^^

i'm keeping an eye on USDPHP

when too much PHP is created without corresponding increase in dollar reserves PHP will weaken

there's a limit to how much local currency a country can print

print too much you'll end up with play money

[vinrem]

Question lang, I'm planning to play with stock market, saw a YouTube video and he's using COL financial, ok ba to? What are you using as your stock broker? Any advise?

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[uls]

Question lang, I'm planning to play with stock market, saw a YouTube video and he's using COL financial, ok ba to? What are you using as your stock broker? Any advise?

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yes ok ung COL dami gumagamit niyan

[yubby24]

Question lang, I'm planning to play with stock market, saw a YouTube video and he's using COL financial, ok ba to? What are you using as your stock broker? Any advise?

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Okay yang COL. But I use Philstocks.

[BlancNoir]

Question lang, I'm planning to play with stock market, saw a YouTube video and he's using COL financial, ok ba to? What are you using as your stock broker? Any advise?

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Yes bro. Okay yung COL.

Timson din, heard good reviews.

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[papi smith]

Been seeing this at tsupitero.com, they have automated buy on break out and cut loss...

AAA Equities Philippines | Next Level Trading

[baludoy]

NTC moves to snuff abs-cbn

NTC orders ABS-CBN to stop broadcasting | ABS-CBN News

[dreamur]

NTC moves to snuff abs-cbn

NTC orders ABS-CBN to stop broadcasting | ABS-CBN News

I guess the Lopezes are not covered by the mea culpa statement last night. [emoji849]

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[dreamur]

First to fold up...

Gold's Gym Files for Bankruptcy Because of COVID-19

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[dr. d]

NTC moves to snuff abs-cbn

NTC orders ABS-CBN to stop broadcasting | ABS-CBN News

i am thinking,
does the left hand intentionally take pains to not know what the right hand is doing?

[vinrem]

yes ok ung COL dami gumagamit niyan

Okay yang COL. But I use Philstocks.

Yes bro. Okay yung COL.

Timson din, heard good reviews.

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Uy, thanks for the feedback, ma try nga.

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[baludoy]

i am thinking,
does the left hand intentionally take pains to not know what the right hand is doing?

it could be another "good cop, bad cop" scenario concocted by them.

[dreamur]

i am thinking,
does the left hand intentionally take pains to not know what the right hand is doing?

it could be another "good cop, bad cop" scenario concocted by them.

Let's wait for bongo to play good cop.

#go2022

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[Egan101]

Let's wait for bongo to play good cop.

#go2022

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Baka naman bobo cop or pulis patola! Hahahaha


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[dreamur]

Welcome DDS-CBN (Corona Beerus Nineteen)!

[emoji23][emoji23][emoji23]

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