We beg to differ.
Much has been said about the poor being unable to escape the simple poverty equation I proposed earlier — that to escape poverty, one merely needs to spend less and make more money. For most Filipinos, the challenge is keeping ahead of inflation. For poor people whose spending is almost entirely confined to just the…
What is the biggest enemy of economic growth? You guessed it. Instability. It is therefore strange that the Philippine Opposition led by the Liberal Party (a.k.a. the Yellowtards), who are the biggest shills when it comes to pontificating about the ill-effects of “inflation” and attributing the behaviour of this ill-understood economic indicator to the actions…
Inflation is like taxation. It is a certainty. The only thing that is not certain about inflation is the rate at which it gallops (or trots) along. Sometimes we enjoy low inflation rates and sometimes we suffer high inflation rates. At an individual level, we have no control over the behaviour of this ill-understood economic…
Read More “Whining about inflation (and politicising it) won’t solve Philippine poverty” »
Filipinos would like to think they are “pro-poor” and “pro-worker”. Yet, this is a society where many of its most vocal “influencers” maintain lifestyles propped up by cheap labour. And why is labour cheap in the Philippines? Well, it is not because their employers are “evil” as communist “activists” would like us to believe. In…
Read More “Filipino-style ‘labour activism’ makes Filipino workers poorer rather than richer” »
Bizarre that a supposed “economist” like Winnie Monsod would highlight the notion of “evil” as the be-all-end-all core source of all of the Philippines’ troubles. In her latest Inquirer piece, Monsod writes a treatise on why “ordinary, so-called good, God-fearing people can move from good to evil”. Monsod cites the notion of a “banality of…
Read More “Filipinos should stop believing in “evil” in order to progress as a society” »
Evidence of organised efforts to foment instability (or at least the perception of it) seems to have been mounting in recent weeks. First is the spate of labour “activism” that was accorded substantial media mileage by the Philippines’ Big Corporate Media. Second is a demonisation campaign against China and its citizens which inadvertently is causing…
Read More “The Philippine Opposition’s only REAL goal is to SABOTAGE the Philippine economy” »
The facts are quite confronting. Filipinos who not just speak English but speak it well and with the right accent go places. This is the reason wealthy Filipinos spend a fortune on the best private schools to educate their kids — because those who gain mastery of this important language make the most connections with…
The spiralling of the peso to levels not seen in 12 years is alarming may pundits, many of whom use their large followings on social media to hawk imported goods or foreign-branded goods. These social media marketers face a possible hit on their online income streams if the traders of their goods themselves face dips…
Read More “Depreciating Philippine peso could spell doom for social media “influencers”” »