Category: Money Talks

Money matters. Indeed it does. How to make it, how to manage it when you get it, and how to spend it when you have too much of it.

True or False: Filipinos are not stupid, they just need more money

January 29, 2019 zaxx 25 Comments

The statement may sound like the Philippine equivalent of the African expression “Africa is not poor, it is only poorly managed.” Many onion-skinned Pinoy-pride crybabies out there will find this highly offensive, as if some innocent girl flashed the Nazi swastika emblem in Thailand. But before taking your protest to the streets, just ask yourselves:…

Culture, Education, Money Talks

China knows how things “work” in the Philippines

November 21, 2018November 18, 2019 benign0 37 Comments

Indeed, the Chinese know how thing “work” in the Philippines. They have, after all, been prominent figures in Philippine industry since the Middle Ages. They know enough to fly above the radars of the natives and deal directly with the powers-that-be. That strategy of knowing and dealing with the right people continues to this day….

Culture, Economy, Money Talks

Will IKEA be good for the Philippine economy?

November 20, 2018 benign0 12 Comments

Filipinos are excited about news that Swedish furniture retail giant IKEA will soon be opening in the Philippines. The question is, where will IKEA be sourcing its merchandise? “Activists” have been denouncing how China is supposedly slowly taking over the Philippine economy, yet many of these snowflakes seem to fail to realise how IKEA reportedly…

Economy, Lifestyle, Money Talks

Prices beyond the reach of poor Filipinos because of “woke” millennials promoted by Rappler

October 8, 2018October 8, 2018 benign0 25 Comments

The term “millennial” does not have noble origins. It is actually a concept cooked up by marketers and brand managers several years ago who wanted nothing more than a convenient catch-all for the next generation of suckers to sell useless stuff to. Millennials — specially in the setting of prosperous East Asian economies — are…

Lifestyle, Media, Money Talks

Blame on Duterte government for Ph peso depreciation UNFOUNDED

September 23, 2018 benign0 10 Comments

Many “activists” allied with the Yellowtard-led Philippine Opposition have been screeching about the slide of the Philippine peso against the US dollar — hinting that this is indicative of mismanagement of the economy by the government of Philippine President Rodrigo Duterte. The fact is, it is not entirely true that the peso is depreciating against…

Economy, Money Talks

The REAL solution to inflation lies in the rich and middle classes curbing NON-ESSENTIAL spending

September 8, 2018September 8, 2018 benign0 39 Comments

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…

Economy, Lifestyle, Money Talks

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

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