Sonny Africa(@sonnyafrica) 's Twitter Profileg
Sonny Africa

@sonnyafrica

nakapaa | IBON Foundation

ID:55843124

linkhttp://www.ibon.org calendar_today11-07-2009 14:37:04

1,2K Tweets

5,2K Followers

608 Following

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Does peso look better if compared to other currencies rather than if various currencies are compared against US dollar?

Not really -- peso depreciating against more currencies than it's appreciating against, according to peso cross rates BSP publishes.

It’s us, not them.

Does peso look better if compared to other currencies rather than if various currencies are compared against US dollar? Not really -- peso depreciating against more currencies than it's appreciating against, according to peso cross rates BSP publishes. It’s us, not them.
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If the NTF-ELCAC supports you, then you know doing the opposite of whatever you're doing is the right, honorable & decent thing to do.

If the NTF-ELCAC supports you, then you know doing the opposite of whatever you're doing is the right, honorable & decent thing to do.
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SALITA — “[I] will extend all support in making science and innovation an instrument of progress and prosperity…”

GAWA — Cuts ₱203M from Dept of Science and Technology (DOST) whose budget falls to ₱24.1B in 2023.

While increasing his office’s budget (OP) by ₱796 million.

SALITA — “[I] will extend all support in making science and innovation an instrument of progress and prosperity…” GAWA — Cuts ₱203M from Dept of Science and Technology (DOST) whose budget falls to ₱24.1B in 2023. While increasing his office’s budget (OP) by ₱796 million.
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You don't have to be an LSE graduate to sink the economy.

The dictator Marcos graduated from UP.

And, let's just wait for it, the son didn't graduate at all.

ibon.org/ml50-econ-stud…

You don't have to be an LSE graduate to sink the economy. The dictator Marcos graduated from UP. And, let's just wait for it, the son didn't graduate at all. ibon.org/ml50-econ-stud…
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The peso is weak because the peso is weak. The economy too.

ibon.org/ph-peso-catch-…

The peso since 1946 (especially after Marcos dictatorship-era liberalization)...

The peso is weak because the peso is weak. The economy too. ibon.org/ph-peso-catch-… The peso since 1946 (especially after Marcos dictatorship-era liberalization)...
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For those deifying price signals — and forex is the price of the peso — this is signalling even weaker peso to come.

PH economy & global conditions so adverse that the only export response is imaginary.

Something to show to anyone who says that peso depreciation has benefits.

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There’s really something wrong when over 3 of 4 Filipino families living hand to mouth are among those being told to spend less by the govt.

Also confirms why econ managers won’t give ayuda — for them, this is just needless inflationary pressure.

gmanetwork.com/news/money/eco…

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Day 101.

No energy at all in new administration because of its physics -- its center of gravity, as a former strongman warned, is a 'weak leader'.

2,091 days to go.

Day 101. No energy at all in new administration because of its physics -- its center of gravity, as a former strongman warned, is a 'weak leader'. 2,091 days to go.
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Huge disapproval in controlling inflation most impt result — only really natl issue in this period where He could’ve responded and didn’t.

Misfunctioning govt would’ve been on full display if there were bigger calamity, COVID surge, OFW or corruption case, China incursion, etc.

Huge disapproval in controlling inflation most impt result — only really natl issue in this period where He could’ve responded and didn’t. Misfunctioning govt would’ve been on full display if there were bigger calamity, COVID surge, OFW or corruption case, China incursion, etc.
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100 days not enough to show accomplishments.

But long enough to show that there won't be accomplishments.

And to expose toadying minions.

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Lame attempt to justify indulgent global gallivanting.

No country ever developed by selling its labor, natural resources & markets to foreigners.

Framing 1st 100 days like this confirms that admin doesn't have a 'comprehensive, all-inclusive plan for economic transformation.'

Lame attempt to justify indulgent global gallivanting. No country ever developed by selling its labor, natural resources & markets to foreigners. Framing 1st 100 days like this confirms that admin doesn't have a 'comprehensive, all-inclusive plan for economic transformation.'
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