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Showing posts from September, 2025

No Hard-to-Earn Economics Degree is Required to Know That a Welfare, Anti-FDI Philippines is Destined to FAIL

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GMA News When it comes to constitutional reform, I'm afraid one of the worst sources quoted would come from the Makabayan Bloc. Some people I face who are so against FDI also want to end the OFW program. The solution comes out rather absurd, as the Philippines must have its own state where it's all beg and beg . It would be like: "Free education for all! No to FDI for schools!"  "Free lunch in school!" "No to open FDI! The government must fund our local production!"  " Increase the salaries, lower the prices of goods! " (which is just plain bad accounting ) That's just a few of the crazy demands that have been given! My favorite question has always been, "Where will you get the funding?" The usual answers can be: " Print more money! " "The government should just make it a law!" "Tax the rich all the more!" which can often be accompanied by, " After all, it's the fault of the rich that p...

Going "Home" to Bollywood Tandoor, After Little India Permanently Closed in Cebu City

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It's was sad for me to realize that Little India (Cebu) has permanently closed. So far, the Manila branch has not closed yet. I wrote an article where I explained why vegetarian restaurants tend not to last long in the Philippines . The closure of Kongtiak Restaurant in Quezon City was just one. Little India Cebu City closed (eventually) due to constant losses. I was thinking about it that I usually ate vegetarian food at Bollywood Tandoor (which served meat) while I soon got into Little India (read my review here ), to eat their delicious vegetarian foods. However, things changed when they started to stop having dine-ins closed altogether .  I thought about the comparison between Little India Cebu City (closed), and Bollywood Tandoor. I looked into the fact that Bollywood Tandoor is very mainstream . Little India Healthy Cuisine is hard to market, especially when several Cebuanos may not be that health-conscious. Little India Cebu City was a vegetarian option , as they allowed mea...

Filipino First Isn't Glocalization Friendly

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Philippine Information Agency Buwan Ng Wika or Buwan ng Kasaysayan may be over. With September, one can always think of the late Ferdinand E. Marcos Sr., and his use of the Filipino First Policy to nearly, its fullest. The late Carlos P. Garcia, was the enabler . People tend to argue how "great" and how "good" the Filipino First Policy is. Garcia was the first to be buried at the Libingan Ng Mga Bayani . It's effortless to say that Filipino First has no place in the Rising Asian Century (read here ). After writing that piece back in 2024, I'm going to write about glocalization . It's a concept that was introduced to me back in college, but I've revisited the term for this article. Investopedia gives this basic definition of what glocalization is: What Is Glocalization? Glocalization merges globalization and localization, allowing products and services to be tailored to local markets while maintaining a global presence . This strategy adapts global o...

Don't Criticize the Marcoses IF You Love Living a DEBT-DRIVEN, EXTRAVAGANT LIFESTYLE

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BBC News It's September and some people are already starting what I call a premature Christmas countdown. The thought of having an extended Christmas season used to thrill me as a child. For those who celebrate Christmas, we just need to admit that we're more often than not, looking forward to what we can receive, to the Christmas party (and my goodness, many of them are full of calorie-dense meals), and then we can all look forward to angry creditors running after debtors in January (read here )! In my case, September gives me the chills for reasons. One can think of September 11, 2001, which happened when I was in high school  under the K+10 curriculum. The other would be remembering that on September 21, 1972, when martial law was declared, some of my folks, out of the blue . I wasn't born yet, but the narrative against Ferdinand E. Marcos Sr. focused on human rights violations. It's crazy how people can afford to badmouth the Marcoses. One must ask, "Where did ...

Facts vs. Gossip: Did Vietnam (According to Filipino MARITESes) Develop from Its Own Treasury Before Opening Up to FDI?

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Vietnam Youth Union It's been 80 years since Vietnam achieved its independence in 1945. Some time ago, I wrote about how Vietnam's Doi Moi actually disproves the Trust Me Bro School of Economics . I wasn't too accustomed to researching Vietnam's ironic economic miracle . Vietnam is a one-party state ruled by the Communist Party of Vietnam. The word Communism would evoke fear and terror. What I find funny is that some people are using Vietnam as an excuse not to open up the Philippine economy (read here ). Such misinformed  people think that Vietnam "won this revolution," supposedly self-industrialized from its own treasury before opening up to FDI. In short, some people either believe that (1) Vietnam is an example of how a highly protectionist economy works, or (2) that Vietnam made itself rich before opening to FDI. Both of them are lies. I'll focus on the second point for this new blog post!  Right now, some people say that I'm just another marites...