http://www.aljazeera.com/programmes...progress-philippines-2014112122317640995.html Change is not always welcome. Some people do not want beach resorts, tourists and foreign investors. Being "poor" does not always mean a person is unhappy. These people seem proud of their heritage, hard work and way of life. If the community does not want the change it should not be forced on them IMO. There is a lot of coast line in the Philippines, what is it about this stretch of land that makes the government want it? Some of the comments seem to clearly be from a few of the supporters of the government project. However, their short, less than thoughtful, arguments for the project are not good ones. Article Comments: If you want to attract foreign investment you should start with: Allowing foreign investors to own 100% of their business. (or at the very least a majority/controlling share) Allowing foreign investors to own the land they are investing in. Enforcing the laws you already have on the books. (Contracts should be held up in court) Get the massive corruption in your country under control. Throw people in jail who bring up malicious/false lawsuits against business owners. This is where you should start if you want foreign investment. Start with fixing your urbanized areas first. No sense in bringing the indigenous people into your unsustainable corrupt way of doing business.
Central Planners are in control, not only the Philippine government but also the US and EU countries. When the central planners pass a law it is for themselves, bureaucrats, politicians and government employees. This will continue until the whole nation topples, just as Japan is about to topple from the central planners printing money like water creating even more debt. The US is on the same pathway and further along than Philippines. Central Planners was a term that was used to describe communist countries back in the day, now it is consuming the formerly free countries. The central planners have amassed huge amounts of debt which will never be repaid.
A bit too heavy on the conspiracy theory speak for me. I think it has more to do with Keyne's, already unsustainable, fiscal theories being taken to the extreme. I'm not economist though and I would take a guess that it is far more complicated than one man's theories or "printing money like water" (which is an extremely over simplistic way of putting it). If economics were simple and easy to fix, it would have already been done. The government is far to stupid to be able to run some sort of grand conspiracy to destroy the world's economies and then keep it a secret......though, they certainly can do it out of ignorance. My personal thought (which is probably wrong) is that ups and downs in the economy are unavoidable natural occurrences. The government's adaptation of Keyne's theories were meant to stop these from happening but in the end they are just delaying and making the inevitable crash much larger than what would naturally happen.
@Wrye83, I never said it was a conspiracy, these people simply believe they are the smartest people in the room or nation and they know what they are doing is right. Japan aims to jump-start economy with $1.4tn of quantitative easing Haruhiko Kuroda, the Bank of Japan's new governor, launches aggressive drive to end a deflationary decade http://www.theguardian.com/business/2013/apr/04/japan-quantitative-easing-70bn World shares soar and yen crumbles as QE is beefed up in Japan There has been much talk about how Abenomics, the three-pronged growth strategy for the economy introduced by prime minister Shinzo Abe, is failing https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=4&cad=rja&uact=8&ved=0CEUQqQIwAw&url=http://www.theguardian.com/business/2014/nov/02/world-shares-soar-and-yen-crumbles-as-qe-is-beefed-up-in-japan&ei=kjtZVMCsE4S2mwXSqIH4Bw&usg=AFQjCNH23J2ggzIAu6KbRjJL8BHXXfH0oA&sig2=c36dNB2dcqcBKnMbV62NHw&bvm=bv.78677474,d.dGY Abe says he will decide by the end of the year whether to go ahead with a second rise in sales tax, due to be implemented in October 2015. The additional monetary boost provided by increasing the purchase of Japanese bonds from ¥50tn (£279bn) a year to ¥80tn a year is designed to offset the drag on demand caused by higher taxes. Quote: My personal thought (which is probably wrong) is that ups and downs in the economy are unavoidable natural occurrences. The government's adaptation of Keyne's theories were meant to stop these from happening but in the end they are just delaying and making the inevitable crash much larger than what would naturally happen. Your statement was correct at one time, however, in today's world these governements have picked winners and losers in the capitalist system, hence the term "crony capitalism". Or as Obama said, "We will reward our friends and punish our enemies." I apologize for being so heavy this early in the morning.....kinda like eating 6 pancakes, just heavy.
