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Showing posts with the label economics

Venezuela as a Cautionary Tale on #SahodItaasPresyoIbaba, Nationalistic Pride, Welfare State Economics

The Sunday Guardian Years ago, I wrote about Venezuela's pride and protectionism , under a more "formal" style of writing compared to my latest posts. I decided to use an even "less formal" and "less academic" tone since I'm not writing a term paper. Instead, it's like how a professor and a student discuss the thesis using first person over third person, using contractions, etc., while the thesis doesn't use such tones. Back on track, I thought about the arrest of Venezuelan President Maduro can spark debate. Was it a violation of sovereignty? I'm no expert on international law. However, Venezuelans can be seen celebrating Maduro's arrest. Right now, I'm using Gemini AI and Google search to help me find some sources for this blog. It's because I don't want my blog to become another gossip central, but a place to discuss facts with my own personal opinions (making sure they don't  derail the facts).  I used Venezuela ...

Is Christmas Toxic Positivity a Cause or an Effect of the Philippines' Lack of Progress?

Lessandra When it's Christmas, it's so easy to think of the song of the late Andy Williams, "It's the Most Wonderful Time of the Year". The music itself reeks of toxic positivity,  whether one likes it or not. It's a shame, really, because December 20 was also the anniversary of Asia's Titanic, the sinking of the Doña Paz ! We live in a society that somehow never learns from its mistakes, like a person who's stuck in gambling debt, is still hoping to get rich gambling . Despite all that, Christmas toxic positivity still abounds in the Philippines. We still have a lot of ongoing bad habits, such as starting Christmas in September and then doing last-minute Christmas shopping during the week of Christmas. That's why every time I drive on the road on Christmas, I tend to shout, "Isn't it any wonder why the Philippines never improves?" The term Noche Buena has evolved over time . For some, it's simply the Christmas dinner. However, so...

Filipino Manufacturing's Golden Age ENDED Because of the Filipino First Policy

Here's a picture from the Dose of Disbelief Page on Facebook. Here's something that it wrote: Filipinos once trusted locally made products more than imports. Before World War II, the label "Made in the Philippines" carried prestige, not stigma, reflecting a strong sense of national confidence in domestic production. Local products such as shoes, cigars, textiles, furniture, and food were often preferred over imports. This preference was rooted in the belief that local goods were better adapted to local conditions, tastes, and were often of comparable, if not superior, quality. This period showcases a strong historical era of consumer nationalism and thriving local industries. We need to look into the context of Filipino history  If we look at the Philippine history timeline , we must account for 1935-1940, during which the Philippines was under the Commonwealth government. Independence was declared from Spain on June 12, 1898. However, there was a transition period w...

Don't Complain About the PHP 500.00 Noche Buena Remark While Supporting the Filipino First Policy

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...

COMMUNIST Vietnam Has Defeated DEMOCRATIC Philippines Again This 2025

Cổng thông tin Trung ương Đoàn TNCS Hồ Chí Minh A few days ago, I wrote about warning Filipinos that they shouldn't wait for more unmitigated typhoon disasters, before realizing that the Filipino First Policy isn't working ! There's a statement that says, "Just because being tanga (inattentive) is libre (free), doesn't mean you should be tanga!"  Analyzing the different policies: why policies  matter I found a Business World article, written by Cesar Polvorosa, Jr., on my Facebook news feed discussing the Vietnamese economy . In fact, it would be better to share some hard truths that the article offers about what really went wrong with the  democratic Philippines compared to Communist Vietnam : DIVERGENT ECONOMIC MODELS  Vietnam pursued an export-oriented manufacturing strategy which has proven significantly more successful over the past half century than the Philippines’ service-heavy, remittances-dependent model . Export performance alone tells a compe...

Filipino First Policy Also Responsible That ONLY 2/10 Pinoys Have Emergency Funds

Yes, it's been a day since Typhoon Tino. It was a stormy, scary time, and I thought about how expenses were piling up after I was hit by Typhoon Odette . Thankfully, I had contingency savings at that time. However, with Uswan moving upwards and entering another area of the Philippine Area of Responsibility, I considered the issue of emergency savings. I thought about how Christmas can be the most stressful time of the year, with issues such as traffic caused by last-minute Christmas shopping . This time, I thought about some not-so-surprising statistics on Filipinos. It turns out that   only 2/10  Filipinos have enough emergency savings .  This should be considered disturbing,  and this is another thing I failed to consider in my younger, more foolish years, according to the Philippine Star : Commissioned by insurance firm EastWest Ageas, the PURPLE Report conducted by consumer intelligence company NielsenIQ showed that most Filipinos only have P50,000 in emerg...