Philippine Economy Talk

[uls]

Cathy doesn't invest

She shops

[uls]

not really a fan of left-leaning ibon foundation but this time they're on point

[uls]

what's happening now is a demand shock

coz many people lost income so wala pang gastos

businesses will not invest if there's low demand

you're not gonna put up more branches or increase manufacturing capacity when there's low demand

even if you provide cheap loans to businesses why will they borrow if they're not planning to expand

there's a limit to monetary policy

BSP has done a lot -- they cut interest rates and RRR

the gov't needs to step up

need fiscal spending... put money in people's pockets

[shadow]

*uls, paki explain nga resto business? Wala ba sila backup capita para dito sa couple of months na na closed sila? Ano ba yan hand to mouth ba yun capital sa ganyan? Paikot lang ng paikot ng pera kaya pag na stop wala na?


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[uls]

*uls, paki explain nga resto business? Wala ba sila backup capita para dito sa couple of months na na closed sila? Ano ba yan hand to mouth ba yun capital sa ganyan? Paikot lang ng paikot ng pera kaya pag na stop wala na?


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depende sa may ari shadow

kahit hindi resto business...

kahit mayaman ung may ari pag nalulugi ang isang business isasara nila kesa kukuha sila ng pera sa savings to keep the business alive

compartmentalized kasi ang pera

meron wall separating personal pera sa business pera

kung nalulugi ung business at ubos na ang business savings they'll shut it down

di pwede galawin ang personal wealth

[c_cube]

Not enough sales to cover monthly overhead expenses.

Di ka na maghihintay kainin lahat ng kinita tas uubusin lang ng overhead monthly. Lalo na yun nagrerent lang ng pwesto.

Tingin ko kung sarili mo lugar pwedeng suspend lang ang operations tas balik trabaho nalang kung magnormalize na.

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[uls]

ung ibang may ari willing naman gumastos to keep a business alive

so depende sa may ari

[c_cube]

Sabi nga eh, pahabaan nalang ng pisi.

Kaya hanggang saan kaya ng business owners to operate at loss

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[_Cathy_]

ung ibang may ari willing naman gumastos to keep a business alive

so depende sa may ari

Naalala niyo yung business owner na nagpost ata sa Top Gear or James Deakin, yung nature ng business nila was going obsolete na (similar to the typewriter), I think it was metal pins or college ring ata (can't remember) He sold his classic car ata to keep the business alive because he did not want the workers who have been with them for decades to be jobless, but he could only go so far nga.

[Little Missy]

Yung iba to survive nag-adjust ng menu, yung pang delivery at pang quarantine na food para sa mga ayaw magluto. I saw one naman on IG naghahanap ng distributors.

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