Comments on: “Recession” is relative

By: blackshama

blackshama — Mon, 13 Oct 2008 10:33:09 +0000

Well I’m also a lucky guy. I am with the civil service. Now unless the government goes bankrupt and the University of the Philippines becomes redundant, I will be out of a job!

We can’t say that for colleagues in Ateneo or La Salle. When students can’t cough up the fees,then even their good teachers will have to be given their walking papers.

BTW the government may go kaput before the UP becomes redundant or kaput!

I don’t think we Pinoys lack imagination.What we lack is long term foresight.

Example. One potential money earner for the Philippines is coral culture and farming. With the reefs about to go, there will be a need for captive propagated corals. Even if our reefs are almost gone,we still have the resource and the right conditions for coral farming.

We are exploring this as a technology incubation venture. But we are stymied by our ridiculuous laws on coral exploitation to the extent that the government would rather give licences to companies that will import the colonies from countries like Israel (which has only one coral reef in Eilat)!

Now Israel leads the world in this technology.

By: Patricio Mangubat

Patricio Mangubat — Mon, 13 Oct 2008 09:18:21 +0000

nicely done, bro. nicely done. you hit it in the head. and BrianB, you got it also bro.

and well, Benigno, we’ll not crash, and NEDA is right. because we already crashed a loong time ago. the issue now is how deeper still.

By: mlq3

mlq3 — Mon, 13 Oct 2008 09:11:32 +0000

two answers. cuba. and our experiences during the war.

By: thenashman

thenashman — Mon, 13 Oct 2008 06:15:53 +0000

Point taken but on the practical side, what “better” products should the romblonites do? If you make their marble industry ‘large scale’ to cater to hotel lobbies and russian mansions, how do you ensure that the entire village becomes ‘owners’ instead of ‘employees’ of another big marble quarrying company?

By: BrianB

BrianB — Mon, 13 Oct 2008 05:13:29 +0000

No, I think it’s time to go to the basics. What you’re forgetting is that most Filipinos already live in a state of constant want. What is missing is a leadership that fully acknowledges that want and builds his platform based on this acknowledgement.