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February 26th, 2020 02:15 PM #1692Grabeh shockwave ng coronavirus... iba pa ito sa nakikitang global recession this year... dapat may naka handang bala... makabili ng blue chips... or averaging sa loss...
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February 26th, 2020 03:06 PM #1693
Ramdam na daw ng mga mall operator ang epekto ng coronavirus
pati mga hotel, resto
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February 26th, 2020 03:22 PM #1694
I wonder if our OFW dependent economy will be able to survive this one... For sure export and tourist dependent countries are going to get burned badly.
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February 26th, 2020 03:37 PM #1695
economies will experience hits to both demand side and supply side
supply -- China factories are either shut or barely open
if your supplies come from China sooner or later your old stock will run out and there won't be new stock for some time (whether it's finished goods or intermediate goods or capital goods)
demand -- if people stay home (voluntary or forced quarantine) economic activity slows down
if people don't go to work, no income, no spending, no demandLast edited by uls; February 26th, 2020 at 03:58 PM.
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February 26th, 2020 06:43 PM #1696
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February 26th, 2020 06:45 PM #1697
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Verified Tsikot Member
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February 26th, 2020 06:55 PM #1698
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February 26th, 2020 07:10 PM #1699
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February 26th, 2020 07:16 PM #1700
So far, their government still has it under control. That's their advantage, being under authoritarian rule.
It's more frightening for us if this pandemic lasts for a long time. Our country's source of income are from tourism and overseas workers. Tourism is taking a big hit right now. And if Ofw deployment is severely limited. Lots of people will be jobless. Add to that, we rely on imports to feed our population. Food prices might skyrocket. Hunger leads to rioting.
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As expected, in response to Tesla’s entry into the Philippines market, Ford will be bringing in the...
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