Business & Economics Perspective Blogger

China Mike Today is Sergio Osmeña Day, but it is also Mao Zedong's death anniversary. Mao made his most important contribution to history--he finally died . However, Mao's ideas still live on, and he was a propagator of several foolish ideas. The man had military knowledge but may have lacked fundamental economic knowledge. August may be over, meaning Buwan ng Wika (Month of the Language) is over, but Pinoy Pride Economics, aka Filipino First Policy, knows no season . In fact, I want to talk about one of Mao Zedong's incredibly stupid ideas, namely the Great Leap Forward. As I was navigating Facebook, it's easy to see some people (some are probably stubborn boomers ) who still believe that the Philippines must "self-industrialize" through ideas like this on Facebook , of all places: Instead na umasa sa foreign investments bakit di gumawa ng sariling trabaho na atin (Instead of relying on foreign investment, why don't we make our own jobs)?  Let's start...

Daily Tribune Just looking at this picture of Atty. Renee M. Co of Kabataan Partylist  using a MacBook makes me laugh. Honestly? I thought about how I'm often berated that, "What have you done compared to Kabataan Partylist?" I remembered writing an article about the irony of using imported equipment to type information against FDI . Honestly, it gets super funny . After all, Kabataan Partylist is part of the Makabayan Bloc . Groups like Alliance of Concerned Teachers, Bayan Muna, Gabriela, and League of Filipino Students all fall under the  Makabayan Bloc . Their stance has still been a stone-age understanding of what FDI is all about.  The possibility that Kabataan Partylist members have been telling people that a wage increase, not FDI, is key to long-term growth, using a MacBook, is there In fact, one of the craziest things that Kabataan Partylist said (and probably still stands by) is this idea. They believe that wage hike is what's needed, not more FDI. Do they ...

Foreign Trade University I was wondering which business or economics blog entry to post. As I was looking at the class suspension in Cebu right now, I thought about writing about education as my first post in September 2026. I looked back and thought about how the Philippine education system has lagged behind . At the same time, I thought about how Communist Vietnam ironically created the Foreign Trade University . Cebu City right now has these problems of (1) rotating brownouts due to red alert with the grid, (2) the current smog issue with Indonesia , and (3) floods. I was thinking about how schools have been affected as well. The equity rule of education in the Philippines vs. Vietnam  The IBON Foundation called the economic charter change in education "unnecessary"  last May 9, 2024. Here's an excerpt from the article that continues what I might call  fear-mongering : Opening schools to foreign ownership and presence might come at a great cost to educators and future...

Some time ago, I wrote about two topics. The first topic was about school insults and the broken windows theory . The second was all about school violence in connection with the broken windows theory . Before August ends, I thought about the nationwide DepEd policy for an active-threat drill. The news from one school shooting after the other makes me think that school shootings aren't a joke. Sure, there are very controlled school environments like Bethany Christian School, where I remember our disciplinarian was like the late Miriam Defensor-Santiago, and that we had a very orderly drill. I had two classmates who were usually boisterous, but during that fire drill , they were at their most behaved; they didn't have to be warned; they simply complied because of the school environment.  The update on DepEd's nationwide active threats is a good thing . This is really something that makes sense: DepEd Undersecretary Malcolm Garma told a Senate hearing Thursday that the departm...

Let's face it that technology is a wonderful thing but it can be misused. Right now, after I have ran into this curiousity calle dthe instant portable ice maker . The scam video that caught my attention was the "miracle ice maker". The video was blatantly artificial intelligence .  We have people who are chopping blocks of ice, they're stopped, and then this "miracle box" comes to the rescue. The solution was to pour water into it, press the button, and then, presto, instant ice ! The ads may have ignored that huge blocks of ice aren't the standard for home ice usage. Huge blocks of ice aren't even meant to be consumed as they aren't made from drinking water. Instead, huge blocks of ice are used for commercial purposes like keeping seafood fresh without spoiling for a certain period of time, giving it enough low temperature that it arrives to where it needs to arrive, fresh and not frozen.  However, we need to look at simple science where you don...

BluPrint It's the Chinese Ghost Month, which starts on the first day of the seventh Lunar Month. This year, Ghost Month started on August 13, 2026, and it will end on September 10, 2026. Today is called the peak of the Ghost Month. For the sake of a post, I want to write about this Chinoy Ghost Story that I remember from the 1990s. This was when our Grade 2 Chinese siansi (I don't know where she is anymore, but I remember her as being very strict, and the next year, Grade 3, was even stricter ) would use the statement that she said, "If you can't speak Chinese, you will have a hard time finding a job." She even mentioned a peer who baliwala (took for granted) his Chinese studies and ended up as a motorcycle driver in their community. However, I often suspect that white lie was made out of desperation because grades mattered that much.   The threat, however, proved ineffective because the students were in Cebu City. Chances are, several huan-a students ( a word use...

WeLiveSecurity Right now, the end of August 2026 is near. Last time, I ranted about how incredibly annoying these fake doctors are . Now, I decided to write an "update" for the sake of it. Right now, I'd like to give my personal opinion based on my observations  about these fake doctors. It's important to observe that these fake doctors are based on an outrage algorithm, pushing against the mainstream, claiming that they have some "secret knowledge", and that there's this "secret supplement" you can have you comment on their video. Now, it's time to look at the common trend and why I think these fake doctors may be produced by a few people rather  than many.  What things are in common with these fake doctors? Take note that this isn't a complete checklist, but a checklist of some red flags to look out. But based on my observation as someone involved in business, here's my observation: Many of them present a kindly image of an old wo...