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Category: Economy

Crisis in Greece: Would you lend money to a person who can’t pay?

Posted on July 13, 2015 By benign0 32 Comments on Crisis in Greece: Would you lend money to a person who can’t pay?
Crisis in Greece: Would you lend money to a person who can’t pay?

Lots of debate around who is the victim and who is the bad guy in Europe nowadays thanks to the financial crisis gripping Greece and, as a consequence, the rest of the European Union. It seems to point to the underlying fundamental difference between the way creditors and debtors think which is not too different…

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Development, Economy, Government

We must learn from Greece and stop relying on the government to save us

Posted on July 13, 2015July 13, 2015 By Ilda 23 Comments on We must learn from Greece and stop relying on the government to save us
We must learn from Greece and stop relying on the government to save us

A friend of mine who just came back from a three-week holiday in Greece confirmed what we have been reading in the news about how a lot of the banks in the country have closed and there was a long queue for people who wanted to get cash from the few automated teller machines that…

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Development, Economy

The Greek financial crisis is really a simple issue

Posted on July 7, 2015 By benign0 62 Comments on The Greek financial crisis is really a simple issue
The Greek financial crisis is really a simple issue

The financial crisis gripping Greece is really not that complicated. Greece opted to join the Eurozone and replace its local currency, the drachma, with the euro in 2001. Its government then started tapping the Eurozone financial market taking out euro-denominated loans as part of its normal course of doing business. However, underneath all that, Greece’s…

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Development, Economy

Road Trains: Another Band-Aid Solution for the Country’s Skull Fracture

Posted on June 30, 2015June 30, 2015 By Grimwald 32 Comments on Road Trains: Another Band-Aid Solution for the Country’s Skull Fracture
Road Trains: Another Band-Aid Solution for the Country’s Skull Fracture

Well, there’s no denying the fact that traffic has become one of the major problems this country faces. If one were to consider the roads of cities as the blood vessels of the Philippine anatomy, one can say that the Philippines is screwed quite royally. So no President Aquino, congested roads in major cities are…

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Development, Economy, Government, Technology

Speech delivered by Vice President Jejomar Binay after quitting PNoy Cabinet

Posted on June 25, 2015 By benign0 19 Comments on Speech delivered by Vice President Jejomar Binay after quitting PNoy Cabinet
Speech delivered by Vice President Jejomar Binay after quitting PNoy Cabinet

[The following speech was delivered in Tagalog by Philippine Vice President Jejomar Binay at the Coconut Palace, Manila, Philippines today and, here, translated into English by the author of this post.] My countrymen: Now is the new beginning of our fight against poverty. I resigned from the Cabinet because I cannot accept the way my…

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Crime, Development, Economy, Education, Government, Politics

Why Filipinos deserve to be ruled by dynasties

Posted on June 23, 2015 By benign0 14 Comments on Why Filipinos deserve to be ruled by dynasties
Why Filipinos deserve to be ruled by dynasties

A lot of Filipinos enjoy the hit HBO series Game of Thrones. But the strangest thing: They fail to understand why political dynasties exist in their own country. The fact that people can relate to the characters, stories, and conflicts in GoT is because the plot appeals to the deepest recesses of human nature and…

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Development, Economy, Government, Society

Risk management is erring on the side of preparation rather than on the side of celebration

Posted on June 22, 2015 By benign0 5 Comments on Risk management is erring on the side of preparation rather than on the side of celebration
Risk management is erring on the side of preparation rather than on the side of celebration

Is information that we get from politicians, celebrities, and business people reliable? Think about it. These are people who’s job it is to tell people what they want to hear rather than what they need to hear. Politicians want potential voters to think that they have a bright future that they will, presumably, be led…

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Development, Economy, Politics

The parallel nation-fixing challenges of Jeb Bush and Bongbong Marcos

Posted on June 16, 2015June 16, 2015 By benign0 19 Comments on The parallel nation-fixing challenges of Jeb Bush and Bongbong Marcos
The parallel nation-fixing challenges of Jeb Bush and Bongbong Marcos

I don’t like the idea of finding “parallels” between United States politics and that of the Philippines’. They are miles apart. But it is hard to ignore the one thing about a recent development that Filipinos can relate with — the presidential candidacy of Jeb Bush and how he faces the formidable challenge of pitching…

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Development, Economy, Government, Politics, Society, The South

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