Good morning, mga hampaslupa

! Feel n’yo ba ang dami ng pera na nasa mga banko at financial institutions natin ngayon?

Pero bakit 12.9 million Filipino families still consider themselves poor? Eto din kaya ang dahilan bakit nasabi ni Gadon na ‘haka haka’ lang daw yung kahirapan sa Pinas?

For context: Our nominal GDP in 2023 stood at roughly USD416 billion so at an exchange rate of ₱58 to $1 translates to about ₱24 trillion.

Now there’s ₱32 trillion in our financial system 94% of which are in our biggest commercial and universal banks.

To illustrate the magnitude of this eye popping figures we shall take it’s ratio relative to our nominal GDP in Philippine Peso terms at ₱24 trillion.

Our financial system dominated and controlled by the biggest banks now have at it’s disposal around 1.33X the entire worth of the Philippine Gross Domestic Product. That’s 1.33X worth the entire Philippine economy to put it simply.

That my friends is REAL POWER.

 

[plhbg1]

hehe negative SALN na uso ngayon boss, walang plano mag reduce expenses ang pinoy, kaya sinamantala ng banks

 

[ZummerSoltice]

hehe negative SALN na uso ngayon boss, walang plano mag reduce expenses ang pinoy, kaya sinamantala ng banks

Di pwede satin yan

 

[rodey_lyf]

because the US keeps printing money out of thin air, what they printed flows to other countries like PH through CIA lobby money, bpo, online jobs. USD keep raining here and accumulate in banks, with these excess money, prices of basic commodities going up, and people who don't work online or not under lobby money or ayudas are the casualty of this inflation

 

[ZummerSoltice]

because the US keeps printing money out of thin air, what they printed flows to other countries like PH through CIA lobby money, bpo, online jobs. USD keep raining here and accumulate in banks, with these excess money, prices of basic commodities going up, and people who don't work online or not under lobby money or ayudas are the casualty of this inflation

This .
On point lahat .

 

[LordCED]

because the US keeps printing money out of thin air, what they printed flows to other countries like PH through CIA lobby money, bpo, online jobs. USD keep raining here and accumulate in banks, with these excess money, prices of basic commodities going up, and people who don't work online or not under lobby money or ayudas are the casualty of this inflation

Kaya ba boss gumawa ang China, Russia at iba pang bansa n gustong umanib s knila ng ibang way para may kakompetensya din ang dolyar?

 

[rodey_lyf]

Kaya ba boss gumawa ang China, Russia at iba pang bansa n gustong umanib s knila ng ibang way para may kakompetensya din ang dolyar?

hindi pa sa ngayon, slowly lang at nag umpisa na ang tinatawag na multipolar world, before kasi sinubukan ng Iraq then Libya na hindi gamitin ang USD pero binomba sila ng US, kaya takot ang mga bansa sa USD as a weapon, ngayon inumpisahan na ng Russia at China, naunahan sila ng Russia sa Ukraine kaya hindi nila nadisintegrate ang Russia at hindi nila nagawang nakawin ang resources nito, di tumitigil ang US sa pagsupil din sa China pero ayaw pasupil ng China, pag successful sila China-Russia sa pagtatag ng multipolar world order, malaki ang epekto nito sa pangmundong kalakalan at pandaigdig na paggamit ng salapi.