Business & Economics Perspective Blogger

I wrote a post where I discussed whether or not Alice Guo (and I heard her real name is supposedly Guo Hua Ping) should be a reason to say "No to economic charter change." A certain idiot I've dubbed Porky Madugo even wrote this on his Facebook account: Back on topic, I would like to emphasize that the Filipino First Policy may actually be encouraging dummy investors instead of discouraging them. Some people may use Alice to say, "See, I told you so, you (insert demeaning name)! If Alice can enter so easily, what about we allow 100% FDI and China buy us all!" That's the logic of that certain Porky Madugo, whose name and picture I blocked, despite my immense dislike for his stupidity. If Alice has been faking it  by lying she's a Filipino citizen (and sadly, this incident has been used to justify hatred against Chinese Filipinos), then the real root cause is this. The Filipino First Policy makes it too difficult for foreigners to do business in the Phili...

Bombo Radyo Cebu  Today is National Heroes Day 2025. Why do I feel that Buwan ng Wika (National Language Month), alternatively called Buwan ng Kasaysayan (National History Month), has been used to justify the Filipino First Policy, which caused the Philippines to fail? Some time ago, and it wasn't Buwan ng Wika, I actually wrote an entry begging Filipinos to abandon the thought that foreign investors are foreign invaders .  Whether we want to admit it or not, even the meaning of the words investor and invader are too different. A simple dictionary definition would show that investor and invader are two different words . An investor is "a person or group of people that puts its money into a business or other organization in order to make a profit:", according to the Cambridge Dictionary . Meanwhile, the Cambridge Dictionary defines invader as "an army or country that uses force to enter and take control of another country:". Big difference! Get more dictionaries ...

24h.com I wasn't planning on blogging today. However, I saw from my Facebook feeds, I found something in interesting on the ANC 24/7 Facebook page. This was what I found: I read the full story on the ABS-CBN website. One reason why I'm critical of ABS-CBN is how they're very anti-reform. They tend to treat the 1987 Constitution of the Philippines as if it's so holy and pure, as if not one provision   of it must be amended! Oftentimes, Atty. Hilario G. Davide Jr. and/or Atty. Christian Monsod, are frequently featured when it comes to the welfare of the Philippines. Now, I'd like to share an excerpt from the ABS-CBN website, which makes me cringe.  Balisacan replied that the pandemic caused a bigger contraction in the Philippine economy compared to Vietnam .  “First, Vietnam over the last decade has been growing faster than the Philippines. Second, during the 2020 pandemic, our economy contracted by almost 10 percent. Whereas Vietnam contracted only a little. That pa...

Washington Times It's really entertaining (while it can also be frustrating ) dealing with economic neanderthals from my own country. Such people operate on what I call "Pinoy Pride Economics", never mind its high socio-economic post (read here ).  I ended up remembering the now-defunct Philippine Anti-Fascist League old page (and the new page is barely getting any views), which I believe is run by a group of Gen-Z brats blaming the USA for Venezuela's plight. I went Googling and found out that six years ago, President Nicolas Maduro showed he might be the champion of blaming other countries for his own country's poverty.  This incident was a massive blackout that hit Venezuela in 2019 . The news from CNN gives this detail why Maduro might win any blame contest if there was one: As the March outages left the country in the dark, Caracas saw dueling protests by supporters of Maduro and of opposition leader Juan Guaidó, who has been recognized as Venezuela’s interi...

In the Philippines, I associate August not with National Language Month but with National History Month. The Buwan ng Wika (Month of the Language) programs tend to showcase more on cultural heritage and history . However, it was in August of 1934 when the National Economic Protectionism Association was created. Again, let me remind people that protectionist measures should only be enacted as legislation, not enshrined in the Philippine Constitution. It's more than time to address how Pinoy Pride is often associated with making even socio-economic decisions (read here ). That's what I call  Pinoy Pride Economics --something akin to Filipino First Policy .  It should be crazy that a certain fat guy with glasses said something like, "Why are you looking for foreign economists to see what needs to be done with the Philippines? Idiot, if you want to change, ask our local economists like the Monsods." What should even be funnier is that the guy advocates Communism , an ideo...