Philippine Economy Talk

[Monseratto]

Espenilla is doing a terrible job, as all the economic mangers in this idiot goverment...

BSP better do something quick

[2lits17]

kawawang mga pinoy they are squeezing all of us to the last drop. with palpak economic managers on board a runaway train, stocks down, exchange rate down, reserves down, lesser buying power for the people. Even if all OFW remit money to PH hinde sustainable yun.

i dont think they will do something now, they will just keep on blaming external factors, like US Fed hikes, etc etc.

pero sa news masaya daw mga relatives ng ofw kasi mas malaki mapapalit nila, ang tanong, ang pag bili nila ng goods hinde ba mas mahal din compare before? i just dont get it.

[jut703]

Kawawang mga Pinoy talaga...



Sent from my SM-G950F using Tapatalk

[Yatta]

Kawawang mga Pinoy talaga...



Sent from my SM-G950F using Tapatalk

Di bale bagsak, basta hindi LP!

Sent from my P01MA using Tapatalk

[jut703]

To be fair, the high inflation and declining peso is a bitter pill that's part of Build Build Build - you buy lots of capital imports to build roads after all.

The question is if the economy can swallow the bitter pill, or will we succumb to the economic pressure and lose all momentum from the past decade.

Sent from my SM-G950F using Tapatalk

[Wh1stl3r]

BSP monetary board:

[2lits17]

meron na ba nasimulan na build build build ng current admin, kasi yun mga alam ko na infra that is currently on going eh panahon pa ni pnoy yun, tsaka bakit yun panahon ni pnoy, may tplex, naiaex pero hinde naman bumagsak ang economy. nag sisimula palang build build build bagsak na agad economy parang i cant believe na hinde lang yun dahil sa build build build, palpak din economic adviser ni du30.

[uls]

and because the dollar is strong today

[uls]

meron na ba nasimulan na build build build ng current admin, kasi yun mga alam ko na infra that is currently on going eh panahon pa ni pnoy yun, tsaka bakit yun panahon ni pnoy, may tplex, naiaex pero hinde naman bumagsak ang economy. nag sisimula palang build build build bagsak na agad economy parang i cant believe na hinde lang yun dahil sa build build build, palpak din economic adviser ni du30.

actually hindi bagsak ang economy

PH economy grew 6.8% in Q1 this year

Philippines GDP Annual Growth Rate | 1982-218 | Data | Chart | Calendar

The Philippines economy grew an annual 6.8 percent year-on-year in the March quarter of 2018, following a downwardly revised 6.5 percent expansion in the previous quarter and matching market consensus. Both investment and government spending rose faster while private consumption and exports continued to increase.

that's fast

our economy is running hot

there's too much money in circulation

we're number 1 in credit growth in SEA i think

bank lending is insane

that's why we get warnings like this





to be continued

[uls]

continuation...


thats not to say hindi hihina ang economy

rising prices can slow down consumption and since PH economy is consumption driven, when the consumer pulls back, the economy slows down

kaya nakatutok sa earnings reports ang mga stock investors

everybody's looking for signs on whether the pinoy consumer is buying less

and indeed there are already signs

higher taxes take money away from the private sector

money that should have been spent on buying stuff gets confiscated by the govt

here's our money






to be continued