Category: Economy

Whining about inflation (and politicising it) won’t solve Philippine poverty

September 6, 2018 benign0 60 Comments

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…

Economy, Money Talks

Filipino-style ‘labour activism’ makes Filipino workers poorer rather than richer

August 1, 2018August 1, 2018 benign0 25 Comments

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…

Economy, Money Talks

Filipinos should stop believing in “evil” in order to progress as a society

July 16, 2018 benign0 18 Comments

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…

Development, Economy, Religion

The Philippine Opposition’s only REAL goal is to SABOTAGE the Philippine economy

July 13, 2018July 13, 2018 benign0 5 Comments

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…

Development, Economy

Filipinos suffer from a bad case of English envy but don’t do anything to narrow this gap

July 10, 2018July 10, 2018 benign0 14 Comments

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…

Culture, Development, Economy

Depreciating Philippine peso could spell doom for social media “influencers”

June 18, 2018 benign0 26 Comments

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…

Economy, Glitz and Glamour, Lifestyle

Philippine poverty is really a very simple problem. It really is.

June 8, 2018 benign0 34 Comments

Why are Filipinos poor? Simple. Because they entered into too many commitments they, as a people, are inherently incapable of honouring. That’s essentially the definition of poverty in my book. As such, poverty in the Philippines is not the enormous problem it is made out to be. At its core, it is a simple problem…

Culture, Development, Economy, Money Talks

100 ZAX = 1 USD: Why Duterte should push for ASEAN’s common currency

June 7, 2018 zaxx 13 Comments

NOW is the best time to pursue radical changes. Why? Because we have a strongman (iron-fisted visionary) at the helm. So if you want something done with expediency, now’s the time to take action – while we have a Duterte around. It was during the golden age of the Pharaohs (powerful visionary leaders of Northern Africa)…

Development, Economy, Money Talks

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megget on “You will never find justice in a world where criminals make the rules”you northern fags whining about corruption this, corruption that. you
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Tim on “You will never find justice in a world where criminals make the rules”People with brains and resources and drive do what they
Call Me Buenos Dias on Sara Duterte so far on solid track to a 2028 presidential bidA politician who wears such silly old-fashion traditional clothes is
Amber on “You will never find justice in a world where criminals make the rules”If you make it clear to the GenX and millennials