PHSabi dito sa news, "TRADE Secretary Alfredo Pascual boasted a few weeks ago that $19 billion worth of investments pledged during the 24 foreign trips of President Ferdinand Marcos Jr. have already been actualized or have commenced implementation "as of June" this year.
That is a lie. "sabi.
Naloka ako sa article! (Link below.)
If you look at the data, and the numbers won't lie, this is almost a spectacular display of governmental incompetence! The Marcos administration has this uncanny ability to transform solid foreign investment pledges into nothing more than whimsical fantasies. Compare it during Dutete's time; the difference is like a catastrophic trick of vanishing billions!
Remember those grand promises of foreign investments flooding the country, boosting the economy, creating millions of jobs, turns out, they were just part of an elaborate magic show!
Would it be safe to assume now that the decrease in Foreign Investments or the sharp decline in foreign investments, may be attributed to its recent policy decisions that have been perceived as unfriendly towards China?
Let's face it. We have an Anti-China Policy and the government's stance on China, involving territorial disputes in the South China Sea or alignment with other countries against China's interests, has caused concern among Chinese investors. Who knows?! We could have had a bullet train from Manila to Bicol to serve the cities of Naga, Legazpi, and Sorsogon!
And with the reduced investments, isn't it that our GDP growth has been dipping and we're not meeting government targets? Yes, Matilda! The economic impact of reduced investments from China has significant implications for our economy, including slower economic growth and fewer job opportunities!
It also impacts foreign investors who are wary of political and economic instability, especially when the headlines they're reading are hypersonic missiles targeting the Philippines, which become more believable with Sen. Imee Marcos talking about it! Kerek ba?
Oh, di va? We have the best geopolitical strategy, ang awayin and antagonize one of the world's biggest economies. Ano yon? Let's alienate a major investor and then act surprised when GDP growth targets are not met!
Tse!
Link: You do not have permission to view the full content of this post. Log in or register now.
That is a lie. "sabi.
Naloka ako sa article! (Link below.)
If you look at the data, and the numbers won't lie, this is almost a spectacular display of governmental incompetence! The Marcos administration has this uncanny ability to transform solid foreign investment pledges into nothing more than whimsical fantasies. Compare it during Dutete's time; the difference is like a catastrophic trick of vanishing billions!
Remember those grand promises of foreign investments flooding the country, boosting the economy, creating millions of jobs, turns out, they were just part of an elaborate magic show!
Would it be safe to assume now that the decrease in Foreign Investments or the sharp decline in foreign investments, may be attributed to its recent policy decisions that have been perceived as unfriendly towards China?
Let's face it. We have an Anti-China Policy and the government's stance on China, involving territorial disputes in the South China Sea or alignment with other countries against China's interests, has caused concern among Chinese investors. Who knows?! We could have had a bullet train from Manila to Bicol to serve the cities of Naga, Legazpi, and Sorsogon!
And with the reduced investments, isn't it that our GDP growth has been dipping and we're not meeting government targets? Yes, Matilda! The economic impact of reduced investments from China has significant implications for our economy, including slower economic growth and fewer job opportunities!
It also impacts foreign investors who are wary of political and economic instability, especially when the headlines they're reading are hypersonic missiles targeting the Philippines, which become more believable with Sen. Imee Marcos talking about it! Kerek ba?
Oh, di va? We have the best geopolitical strategy, ang awayin and antagonize one of the world's biggest economies. Ano yon? Let's alienate a major investor and then act surprised when GDP growth targets are not met!
Tse!
Link: You do not have permission to view the full content of this post. Log in or register now.
