Business & Economics Perspective Blogger

Alice Guo aka Guo Hua-Ping may be in jail now . However, I believe the saga is far from over . It reminds me that I actually wrote about how several idiots on Facebook go so far as to say, " Alice Guo should be a warning about open FDI! " Some have even gone as far as to say that POGO and Chinese spies should "justify" the Filipino First Policy . However, the harsher reality is that the Filipino First Policy may actually be encouraging dummy investors instead ! As the saga continues, I've decided to write what I might call my harshest entry yet. It's going to be Chinese New Year this year. This might be an entry that may need to be shared before the Lunar New Year! My grievances are  still ongoing because some people still demand #SahodItaasPresyoIbaba, no matter how destructive it  will be . That's why I use Venezuela as an example, especially during Nicolas Maduro's downfall . Back to the topic, I remember writing a joke post where I said, "Wh...

It's that stupid  when I read the remarks of DTI secretary Cristina Roque made a really tactless remark . Sure, the remark had people angry because, in reality, the whole noche buena at PHP 500.00 for a family of four will not match, given these ingredients: ham, P170 to P945; fruit cocktail, P61.76 to P94.41; all-purpose cream, P36.00 to P72; “nata de coco,” P52.50 to P62.50; “kaong,” P76.50 to P84; “queso de bola,” P210 to P470; cheese, P16.50 to P310; and mayonnaise, P20.40 to P245.85. /dda As I read through the list above, I'm reminded of how much I don't like December because it's the season of abounding toxic positivity . The song "It's the Most Wonderful Time of the Year" is in full blast, even after Andy Williams died of old age in 2012 . I tend to drive the road and when traffic hits, I always think about the problem of last-minute Christmas shopping , and scream it, "Isn't it any wonder why the Philippines doesn't improve?" It...

Here's another art I found on Facebook. Some time ago, I wrote about how the 60-40 policy may not prohibit, while still discouraging FDIs from entering . It's plain common sense, really, that nobody would want to rent a space if they had to part with 60% of their net profits to the lessor (read here ).  It annoys me to think that certain Netizens on Facebook are still blaming government corruption over the 60-40 policy. That can get annoying. I can link the 60-40 policy to government corruption . After all, corrupt officials want to perpetuate their stay in power through an ignorant and impoverished population. However, blaming corruption alone is really downright stupid. Some say investors are going to Communist Vietnam because the Communist Party of Vietnam-Vietnam People's Army is serious about cracking corruption. However, the reality is that, ironically, Communist Vietnam has more reasonable economic restrictions compared to the Philippines (read here ). Only a few sec...

I'm amazed (but not surprised) at Kabataan Partylist's economic illiteracy . The group seems to be stuck in the pre-Doi Moi days of Vietnam. Do they believe that Vietnam actually got rich through national industrialization? Thankfully, the Philippine Anti-Fascist League Facebook page (old one) collapsed like the Berlin Wall. However, I decided to look at Kabataan Partylist's Facebook page and found another idiotic statement. Yes, it's by Atty. Renee Co. Right now, with the Philippine justice system being so weak (just remember how the Vizconde Massacre and the Chiong Sisters Case are both, case unclosed ), I'm no longer too beholden to lawyers. There are good lawyers but I don't think Renee is one of them! Anyway, to translate Renee's statements in English, it would be like: The real reason behind the oil price hike is deregulation. The government is no longer in control and they're allowing the oil businessmen to increase prices, whenever they wish. Eve...

Vietnam National University, Hanoi Kabataan Partylist, is that you? No, it's actually the Ho Chi Minh Communist Youth Union (Đoàn Thanh niên Cộng sản Hồ Chí Minh), or alternatively, it can be called the Vietnam Youth Union . The color blue may remind some of Kabataan Partylist. Both Kabataan Partylist and the Vietnam Youth Union are involved with recruiting youths into the organization. However, there's a crucial difference between Kabataan Partylist and the Youth Union in how they view economics. The  Kabataan Partylist Laguna's blog  even writes this: It believes that the Philippines, as a semi-colonial and semi-feudal country, is plagued by a system which allows foreign and big business interests to dominate, while the majority of our countrymen are left poor and hungry . We are living in a society where foreign subservience, peasant landlessness, and rampant corruption are the top three ills. To that end, Kabataan Party-list strives to galvanize the Filipino youth in u...

Back in 2022, I wrote an essay describing the obsession with ayuda . It's crazy how the Makabayan bloc composed of groups like Bayan Muna, Gabriela, and Kabataan Partylist, are obsessed with ayuda . It's utterly hypocritical to complain about spending PHP 10,000.00 (or more) to amend the constitution from its defects. However, they have no problem giving PHP 10,000.00 ayuda (proposed) to lazy people who do nothing all day. It's one thing to give people with disability (PWDs) their ayuda. It's another thing to give ayuda for people who are  still capable of working. 4Ps is supposed to be a conditional cash transfer program . People are supposed to do what's required, or they don't get the cash to be given. Anybody wasting their money are to be removed from the program.  The problem with several anti-reform people (such as those who belong to the Makabayan bloc) is they may have a beggar mentality . They would demand for wage increase (never mind that wage increas...