We beg to differ.
The recent vote by the people of the United Kingdom (UK) to leave the European Union (EU) has rocked the world. Many of my friends living in London, England have expressed their disappointment over the result of their referendum. There are lots of uncertainties and this has rocked the UK market as well as the…
Read More “#BREXIT shows that social and economic collectivism is a pipe dream” »
Very illuminating, all the comments I got from my previous article Pabebe Girl Power highlights Filipinos’ confusion: Are we individualists or collectivists?! 🙂 I do agree, it’s a double-edged sword this whole idea of self-expression. With the floodgates open thanks to social media, the idea that a small bunch of bureaucrats are the final authority…
Read More “Cheer up Filipinos, the only way for the Philippines to go is up!” »
You can almost hear Robin Leach snootily addressing his audience in the popular 1980s TV show Lifestyles of the Rich and Famous when you read this: See that demoractic government? You can’t afford it. By hook and, literally, by crook a while back, Greece joined the European Union and replaced the drachma with the euro…
Read More “Lessons from Greece: Can Third World nations really afford ‘democratic’ governments?” »
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…
Read More “Crisis in Greece: Would you lend money to a person who can’t pay?” »
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…
Read More “We must learn from Greece and stop relying on the government to save us” »
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…
Read More “The Greek financial crisis is really a simple issue” »