Recession....

[Macky_EX]

Confirmed na nag retrench and RCG and Lawson.... heard news na pati Accenture nagkaka-tanggalan na rin daw.

Freeze hiring ang Misys and Amkor atleast sa contractors.

Nag-pull out na rin ang mga BPO projects ng Cevera and I know there are a lot more BPO projects na nag-pull out na entirely from the Philippines.

Grabe ang effect nitong recession na to sa IT! Better stick to where you are now as the companies are practicing a L-I-F-O when letting go of its employees.

[LodRose]

Hay oo nga, parang gusto ko pa naman sanang magmahadera at bumalik na lang ng work sa pinas (slow kasi ako - di pa nag-go-grow yung UAE sa akin) kaya lang gaya ng nabanggit mo medyo weird ang IT nowadays.

So what needs to be done here?

[QAengr]

May mga JO ako na naapektuhan dahil sa recession. Waaaah.

[real madrid]

nung fresh grad ako apektado ako sa mga ganyan

[Pound4Pound]

Hay oo nga, parang gusto ko pa naman sanang magmahadera at bumalik na lang ng work sa pinas (slow kasi ako - di pa nag-go-grow yung UAE sa akin) kaya lang gaya ng nabanggit mo medyo weird ang IT nowadays.

So what needs to be done here?

You're seriously asking a question that is years away from being satisfactorily answered? :rotflmao:

[edisonvictorino]

You're seriously asking a question that is years away from being satisfactorily answered? :rotflmao:

If recession ang problem there will always be a solution!

Global recession will affect the Philippine economy in 2009! Are you prepare enough?


I. The Recession

THE current episode of the US financial crunch is expected to drag the entire global economy into recession.

The International Monetary Fund (IMF) says the US economy may shrink 0.7 percent by the end of the fourth quarter of 2008, while growth in other centers of capitalism such as Europe, Japan and Canada would substantially slow down to 0.9, 1.4 and 1.3 percent, respectively.

Broadly speaking, recession refers to the fall in economic activity. It is a phase often technically measured as two or more consecutive quarters when the growth rate of the gross domestic product (GDP)—the total production of goods and services of an economy—is negative.

Expert says that the Philippines will definitely feel the impact of the US crisis-lots of job may be lost and the country's capacity to borrow will suffer. *source Philippine Daily Inquirer http://services.inquirer.net/print/print.php?article_id=20081101-169734


II. The Solution

Some businesses seem to strengthen in times of recession. When the economy starts to slow, people start looking around for ways to cut back on expenses, and they give up the frivolous items in favor of the basics.

Despite the recession, the health and wellness industry is swelling with opportunity. Health care is more expensive than ever, and the health care community provides more services than ever. And, as the baby boomers age, the market promises to grow ever larger for products and service that help people live longer, live more comfortably, and live more enjoyable in old age. While you may be likely to come up with some astounding new medical breakthrough in your garage, you may be able to profit from by establishing a delivery service or selling health care products that will generate hefty revenues.

As we said, people don't cut back on their intake of food just because a recession is underway. Instead, they will cut back on the fancy stuff and take a renewed look at how the basics can be made to satisfy their need for variety. A fresh fruit and vegetables always look good. If you have at least a small plot of land you can grown enough food to make a surprisingly good living.

Death is another part of the life cycle that isn't going to stop for a recession, and a well-run funeral parlor will weather the economic storms.Plumbing, electrical, roof repair, termiting and other vital home repair functions will continue to thrive in periods of recession. If homeowners put off maintenance and repairs, it only means that ultimately they will pay a higher price for a greater amount of work.

In bad times, there are always ways to thrive, if you are perceptive and agile. Never feel that because a recession is under way that there are no opportunities open to you.


III. Start a Business
Did you know that many Filipinos in abroad are loosing their job because of the global financial crisis?

What will happen to their family here in the Philippines if they loose their job in abroad?

How much are you willing to help your relative and friends who is in abroad?

This is where you come in. Through Homebasedtrabaho.com you can help them by starting to generate your own income. It offers an alternative recession proof business for every Filipino especially in times of crisis.

Visit http://www.homebasedtrabaho.com/ and apply now!

[slimrock]

yeah... and meron pang isang malaking malaking IT company na nagcancel ng christmas party 08' because of this recession... wise din sila... safeguarding talaga, trying to save as much fund as possible. the company is so stable pero, nag-iingat na rin....

[Piper85]

^
talaga? anong I.T. Comapany kaya iyan?..:depressed:multi-national company ba iyan?.. as in wala silang x-mas party?..lungkot naman..tsk! tsk!:depressed2:

[slimrock]

^
talaga? anong I.T. Comapany kaya iyan?..:depressed:multi-national company ba iyan?.. as in wala silang x-mas party?..lungkot naman..tsk! tsk!:depressed2:

confidential. pero, the employees are looking to organize a self-funded christmas party so as to help the company. they are being compensated well naman by the company so they can easily fund their own party. but i believe, this is a wise move for the company. despite the stability, they still focus on cost-optimization.

[wandawoman]

i think is a good cost cutting measure, better yet save on these 'luho' rather than lessen the number of headcount

[G@g@NgVHiN0]

If recession ang problem there will always be a solution!

Global recession will affect the Philippine economy in 2009! Are you prepare enough?


I. The Recession

THE current episode of the US financial crunch is expected to drag the entire global economy into recession.

The International Monetary Fund (IMF) says the US economy may shrink 0.7 percent by the end of the fourth quarter of 2008, while growth in other centers of capitalism such as Europe, Japan and Canada would substantially slow down to 0.9, 1.4 and 1.3 percent, respectively.

Broadly speaking, recession refers to the fall in economic activity. It is a phase often technically measured as two or more consecutive quarters when the growth rate of the gross domestic product (GDP)—the total production of goods and services of an economy—is negative.

Expert says that the Philippines will definitely feel the impact of the US crisis-lots of job may be lost and the country's capacity to borrow will suffer. *source Philippine Daily Inquirer http://services.inquirer.net/print/print.php?article_id=20081101-169734


II. The Solution

Some businesses seem to strengthen in times of recession. When the economy starts to slow, people start looking around for ways to cut back on expenses, and they give up the frivolous items in favor of the basics.

Despite the recession, the health and wellness industry is swelling with opportunity. Health care is more expensive than ever, and the health care community provides more services than ever. And, as the baby boomers age, the market promises to grow ever larger for products and service that help people live longer, live more comfortably, and live more enjoyable in old age. While you may be likely to come up with some astounding new medical breakthrough in your garage, you may be able to profit from by establishing a delivery service or selling health care products that will generate hefty revenues.

As we said, people don't cut back on their intake of food just because a recession is underway. Instead, they will cut back on the fancy stuff and take a renewed look at how the basics can be made to satisfy their need for variety. A fresh fruit and vegetables always look good. If you have at least a small plot of land you can grown enough food to make a surprisingly good living.

Death is another part of the life cycle that isn't going to stop for a recession, and a well-run funeral parlor will weather the economic storms.Plumbing, electrical, roof repair, termiting and other vital home repair functions will continue to thrive in periods of recession. If homeowners put off maintenance and repairs, it only means that ultimately they will pay a higher price for a greater amount of work.

In bad times, there are always ways to thrive, if you are perceptive and agile. Never feel that because a recession is under way that there are no opportunities open to you.


III. Start a Business
Did you know that many Filipinos in abroad are loosing their job because of the global financial crisis?

What will happen to their family here in the Philippines if they loose their job in abroad?

How much are you willing to help your relative and friends who is in abroad?

This is where you come in. Through Homebasedtrabaho.com you can help them by starting to generate your own income. It offers an alternative recession proof business for every Filipino especially in times of crisis.

Visit http://www.homebasedtrabaho.com/ and apply now!

is this a scam??
actually my sister is also looking for home based job kc she has already 2 childrens d na nya maasikaso and she really want to have this and how can i sure na totoo po ito

[scarppycoco]

@slimrock sa may pbcomm b yang sinasabi mo n nawalan ng xmas party?

[hitler08]

i think is a good cost cutting measure, better yet save on these 'luho' rather than lessen the number of headcount

Is this the company with a 3 letter abbreviation? Hehe.

[ttngmytmod]

Is this the company with a 3 letter abbreviation? Hehe.

Definitely Accenture

[Fluffydoo]

See this is what's wrong about the world we're in right now.

This wouldn't have happened if MONEY WAS BACKED BY GOLD
Now all the world's governments can create value out of thin air, and force the people to accept the value of their currency by requiring them to use only the money they printed to pay taxes.

Now I know that the gold standards has its flaws, but heck we need a better substitute to the current system we have! We need to have a subsistence economy. One that should be based on self sufficiency of nations.

:(

[pagie]

That is Socialism!

[Fluffydoo]

That is Socialism!

Hmmm... not quite but socialism can be an answer :D haha

[cornelsky]

Hmmm... not quite but socialism can be an answer :D haha
global economic crisis 2008
downfall of capitalism,
shift to socialism
more banks and corporations are now being state owned....:confused::confused:

[mike_kyleph]

No salary increase?How true?

[soul`rebel]

HP ata yung nagcancel ng party.

[pagie]

Maraming nag-cancel ng party, lalo na sa mga semicon. Lahatang panig ang epekto ng crisis ngayon. Ang ligtas lang dito ay ang mga self-reliant economies. Lahat ng economies na nakadikit sa US at sa globalization program nito ay siguradong sapol.

Gusto ko ang punto ni cornelsky, yan ang natural shift to socialism. Medyo malabo lang yan sa Pinas, sobra kurapsyon dito eh.

Nakakatuwang isipin na matapos isubo ng US ang golbalisasyon(Pribatisasyon, Liberalisasyon at Deregulasyon) sa mga bansang sakop nito ay heto ngayon at ito ang nagpapahirap sa atin at sa US mismo.

Pero nakakatakot rin dahil sa tuwing bumabagsak ang ekonomiya ng US ay may dinidigma silang bansa.

[qosmio]

Maraming nag-cancel ng party, lalo na sa mga semicon. Lahatang panig ang epekto ng crisis ngayon. Ang ligtas lang dito ay ang mga self-reliant economies. Lahat ng economies na nakadikit sa US at sa globalization program nito ay siguradong sapol.

Gusto ko ang punto ni cornelsky, yan ang natural shift to socialism. Medyo malabo lang yan sa Pinas, sobra kurapsyon dito eh.

Nakakatuwang isipin na matapos isubo ng US ang golbalisasyon(Pribatisasyon, Liberalisasyon at Deregulasyon) sa mga bansang sakop nito ay heto ngayon at ito ang nagpapahirap sa atin at sa US mismo.

Pero nakakatakot rin dahil sa tuwing bumabagsak ang ekonomiya ng US ay may dinidigma silang bansa.

hindi naman US lang ang "golbalisasyon", global nga e. bakit naman ang US ang may kasalanan sa lahat, alam mo ba ang cause ng economic problem sa EU countries? sa middle east (example: Dubai?) Sa Pilipinas, recession o hindi ang US, ay parehas din naman ang economic condition. Kung hindi pa obvious sa iyo ang dahilan ng kahirapan sa Pilipinas e manood ka sa TV ng mga tele-novela (gaya ng "Jocjoc show" at yung walang kamatayang "impeachment show")

Ano naman ang pruweba mo na tuwing "bumabagsak ang ekonomiya" ng US ay may dinidigma sila?

[fontface]

what do you think is the relative effect of this recession to the job hunters and fresh grads next year... do you think its not advisable for someone to file resignation next year?:confused:

[TheEndofDays]

Expect more larger wave on 2009!

[qosmio]

what do you think is the relative effect of this recession to the job hunters and fresh grads next year... do you think its not advisable for someone to file resignation next year?:confused:parang hindi maganda ang outlook, pati nga sa mga areas na dati e parang safehaven sa trabaho (gaya ng Dubai) ay naapektuhan na rin ng economic slowdown. Pero mayroon pa rin namang opportunities sa ilang fields gaya ng healthcare. Puwede namang mag-resign o umalis ka sa current na trabaho mo anytime basta lang ba may mas stable/"maganda" kang pupuntahan.

[pagie]

hindi naman US lang ang "golbalisasyon", global nga e. bakit naman ang US ang may kasalanan sa lahat, alam mo ba ang cause ng economic problem sa EU countries? sa middle east (example: Dubai?) Sa Pilipinas, recession o hindi ang US, ay parehas din naman ang economic condition. Kung hindi pa obvious sa iyo ang dahilan ng kahirapan sa Pilipinas e manood ka sa TV ng mga tele-novela (gaya ng "Jocjoc show" at yung walang kamatayang "impeachment show")

Sino ba nagpapatupad ng globalisasyon, hindi ba Amerika?
Oo, may iba pang dahilan ang kahirapan sa Pinas o sa iba mang bansa. Pero, hindi ba at Globalisasyon ang isa sa pangunahing dahilan ng pagkakadamay natin sa krisis ngayon?

Hindi ba at sumubsob lalo sa hirap at gutom ang Zambia at Kenya noong pumasok sila sa Golbalisasyon?

At saan na naman pipiga ng pangsalba sa ekonomiya nila ang US? Hindi ba at sa maliliit na bansa na kontrolado nila?

Kasaysayan ang nagsasabi niyan.

Dahilan ng kahirapan ng Pinas?
Alam ko Brad, hindi man lahat. Mula sa korapsyon hanggang sa sistemang pang-ekonomiya pati na ang sinasabi mong "impeachment show". Pero alam mo ba ang ugat ng lahat ng ito?

Ano naman ang pruweba mo na tuwing "bumabagsak ang ekonomiya" ng US ay may dinidigma sila?
Ano ba ang dahilan ng WW1 at WW2? Ano ba ang solusyon ng mga kapitalista sa krisis sa sobrang produkto?

Bakit dinigma ang Afghanistan at Iraq?

[pagie]

what do you think is the relative effect of this recession to the job hunters and fresh grads next year... do you think its not advisable for someone to file resignation next year?:confused:

IT at BPO ang unang tinamaan ng pagtitipid ng mga kumpanya dito sa Pinas. Patunay lang na pwede nilang i-delay ang upgrades sa systems at pwedeng bawasan ang support at mag-fucos sa serbisyo o produkto.

Makitid masyado ang job market ngayon.
Pwede ka mag-resign kung may sigurado kang lilipatan.:)

Maaari ring magbago ito sa panahon ni Obama.

Noong panahon ni Clinton ang mga kumpanya sa likod niya ay ang mga computer companies. Kaya naman lahat ng bansang atrasado na kontrolado nila ay bumaha ang surplus products na computers. Nag-boom ang IT course sa kolehiyo.

Noong panahon ni Bush, oil companies at war equipments ang nasa likod niya. Kaya naman simisirit pataas ang presyo ng langis sa panahon ng mag-amang Bush. May bunos pang gera.:D

Ngayon ang tanong, anong mga kumpanya ang nasa likod ni Obama?
Isa yan sa mga factors na pwedeng tingnan sa susunod na taon.

[me_bee_da7]

Maraming nag-cancel ng party, lalo na sa mga semicon. Lahatang panig ang epekto ng crisis ngayon. Ang ligtas lang dito ay ang mga self-reliant economies. Lahat ng economies na nakadikit sa US at sa globalization program nito ay siguradong sapol.

Gusto ko ang punto ni cornelsky, yan ang natural shift to socialism. Medyo malabo lang yan sa Pinas, sobra kurapsyon dito eh.

Nakakatuwang isipin na matapos isubo ng US ang golbalisasyon(Pribatisasyon, Liberalisasyon at Deregulasyon) sa mga bansang sakop nito ay heto ngayon at ito ang nagpapahirap sa atin at sa US mismo.

Pero nakakatakot rin dahil sa tuwing bumabagsak ang ekonomiya ng US ay may dinidigma silang bansa.



lahat naman ng bagay sa mundo dadaan ng experimentation & most times it takes many years before you see results & if the results are negative then they shift it to something else or a combination of materials used.. globalization is not only for economics but also for security purposes para may sharing of intelligence & such.. as i see it, it's not a total disaster bcoz at the least they learn from their mistakes & have been able to force the enemies to show themselves rather than be an invisible danger which could pose a graver outcome in the end for all.. everything that happens, happens for a reason di ba sabi nila? we cannot blame one nation or point fingers kc ndi naman dumb ang leaders ng ibang countries -- sumasali o sumusunod sila sa US kc it serves their own interests too!:greed:

[pagie]

lahat naman ng bagay sa mundo dadaan ng experimentation & most times it takes many years before you see results & if the results are negative then they shift it to something else or a combination of materials used.. globalization is not only for economics but also for security purposes para may sharing of intelligence & such.. as i see it, it's not a total disaster bcoz at the least they learn from their mistakes & have been able to force the enemies to show themselves rather than be an invisible danger which could pose a graver outcome in the end for all.. everything that happens, happens for a reason di ba sabi nila? we cannot blame one nation or point fingers kc ndi naman dumb ang leaders nga ibang countries -- they usually do things when it also serves their interests.

I respect your opinion.

...But, globalization was designed to control global economics for US interest.

And with US global intervention, millions are dying all over the world of hunger. Collateral damage for unjust war.

Who's the terrorist now?

I'm not anti-US, I'm just against the system that are inhumane.

[qosmio]

Sino ba nagpapatupad ng globalisasyon, hindi ba Amerika?
Oo, may iba pang dahilan ang kahirapan sa Pinas o sa iba mang bansa. Pero, hindi ba at Globalisasyon ang isa sa pangunahing dahilan ng pagkakadamay natin sa krisis ngayon?

Hindi ba at sumubsob lalo sa hirap at gutom ang Zambia at Kenya noong pumasok sila sa Golbalisasyon?

At saan na naman pipiga ng pangsalba sa ekonomiya nila ang US? Hindi ba at sa maliliit na bansa na kontrolado nila?

Kasaysayan ang nagsasabi niyan.

Dahilan ng kahirapan ng Pinas?
Alam ko Brad, hindi man lahat. Mula sa korapsyon hanggang sa sistemang pang-ekonomiya pati na ang sinasabi mong "impeachment show". Pero alam mo ba ang ugat ng lahat ng ito?


Ano ba ang dahilan ng WW1 at WW2? Ano ba ang solusyon ng mga kapitalista sa krisis sa sobrang produkto?

Bakit dinigma ang Afghanistan at Iraq?Ang globalisasyon ay hindi pakana lang ng isang bansa na gaya ng US. Eto ay pag-samasama ng mga economiya ng iba't-ibang bansa sa pamamagitan ng kalakalang pang ekonomiya. Dahil sa globalisasyon, may mga foreign owned manufacturing facilities sa Pilipinas, mga call centers at iba pang foreign investment na nag-proprovide ng employment sa mga Pinoys. Parang ang gusto mong mangyari, pag maganda ang economy ok ang globalisasyon pero pag may "global economic slowdown/recession" kasalanan ng US.

Kung ang Zambia at Kenya naman ang pinag-uusapan, ang ilan sa mga dahilan ng kahirapan nila ay walang katapusang power struggles at sobrang korapsyon. Kung ikaw ang investor, mag-iinvest ka ba sa environment na yon.

Ang dahilan ng korapsyon sa Pilipinas ay hindi gawa ng globalisasyon. Ang ugat ng korapsyon ay kasakiman sa pera.

WW1/WW2? Bakit naman nadamay ang WW1/WW2:confused:. Baka naman isisi mo pa ito sa globalisasyon. Sa kapitalismo, pag sobra ang produksyon (I assume na mababa ang demand), siyempre bababa ang presyo ng produkto.

Afghanistan/Iraq? Ano naman ang kinalalaman ng globalisasyon? Hindi rin ako pabor sa Afghanistan/Iraq pero walang kinalalaman ito sa economy ng US o globalisasyon.

[qosmio]

...But, globalization was designed to control global economics for US interest.
Ha? how? Paano makokontrol ng isang bansa (US) ang global economics? Para mo na rin sinabing mga "bobo" o "***** " ang mga russians, chinese, ang eu na basta basta na lang papayag sa pag-control ng US sa global economy para sa interest ng US.

And with US global intervention, millions are dying all over the world of hunger. Collateral damage for unjust war. Millions are dying? At kasalanan ng US???:confused:. Naka-punta ka na ba sa Sri-Lanka, most parts of africa at ibang countries in need of food? Marami kang makikita duon na mga feeding centers o mga aid programs na provide ng USAID. Tuwing may calamities (natural o man-made) sino ang na-uunang tumutulong. To date, ang US pa rin ang pinakamalaking provider ng tulong/aid. Hindi ako pabor sa lahat ng policy ng Amerika (like going to iraq) pero mali rin na isisi sa US lahat ng problema, economy man o political.

Who's the terrorist now? Sino sa palagay mo?

I'm not anti-US, I'm just against the system that are inhumane. Walang system na perpekto, pero kung i-accuse mo ang US as in-humane e hindi ka nga anti-US.:lol:

[pagie]

Parang ang gusto mong mangyari, pag maganda ang economy ok ang globalisasyon pero pag may "global economic slowdown/recession" kasalanan ng US.

Hay naku, subukan mo ngang ilaban ang tigre sa kuting, sino sa palagay mo mananalo?

So kelan gumanda? Kung gumanda bakit papalaki ng papalaki ang bilang ng OFWs?


Ang dahilan ng korapsyon sa Pilipinas ay hindi gawa ng globalisasyon. Ang ugat ng korapsyon ay kasakiman sa pera.

Hay naku uli. Hindi ko sinabing globalisasyon LANG ang dahilan. Pero alam mo na ba ang datos ng epekto ng DEREGULASYON(halimbawa sa langis), LIBERALISASYON/FREE COMPETITION, at PRIBATISASYON? Gaano na kalaking damage ang nagawa nito sa atin?


WW1/WW2? Bakit naman nadamay ang WW1/WW2:confused:. Baka naman isisi mo pa ito sa globalisasyon. Sa kapitalismo, pag sobra ang produksyon (I assume na mababa ang demand), siyempre bababa ang presyo ng produkto.

Inihiwalay ko yan sa globalisasyon sa sagot ko, doon yan sa digmaan nakakabit, bakit mo idinidikit?

Krisis sa sobrang produksyon ang tinutumbok ko. Ewan lang kung alam mo yun dahil sa tema ng post mo hindi mo ito alam.

Sige nga, bakit tumaas ang presyo ng langis noong mga nakaraang buwan? Tumaas ba ang demand o lumiit ang supply?

Hindi laging tama ang basics mo sa isang mundo na may gahamang kumukontrol.


Afghanistan/Iraq? Ano naman ang kinalalaman ng globalisasyon? Hindi rin ako pabor sa Afghanistan/Iraq pero walang kinalalaman ito sa economy ng US o globalisasyon.

Walang kinalaman? Sige, bakit galit ang US sa mga bansang hindi nila makontrol gaya ng Nokor at Cuba?


Ha? how? Paano makokontrol ng isang bansa (US) ang global economics? Para mo na rin sinabing mga "bobo" o "***** " ang mga russians, chinese, ang eu na basta basta na lang papayag sa pag-control ng US sa global economy para sa interest ng US.

Hindi bobo ang tigre kapag lumaban sa kuting. Pero kapag nagpa-pressure ka at sumunod dahil takot kang gipitin ang ekonomiya mo, maaaring tuta ka o kaya'y bobo nga.


Millions are dying? At kasalanan ng US???. Naka-punta ka na ba sa Sri-Lanka, most parts of africa at ibang countries in need of food? Marami kang makikita duon na mga feeding centers o mga aid programs na provide ng USAID. Tuwing may calamities (natural o man-made) sino ang na-uunang tumutulong. To date, ang US pa rin ang pinakamalaking provider ng tulong/aid. Hindi ako pabor sa lahat ng policy ng Amerika (like going to iraq) pero mali rin na isisi sa US lahat ng problema, economy man o political.


Sige, pagsamantalahan mo ang isang bansa. Pigain mo ang yaman niya. Kapag naghirap siya bigyan mo ng tulong. BAYANI ka kapatid.
Parang pulitiko na nagnakaw ng isang bilyon at pagkatapos ay magbibigay ng pamaskong isang milyon. Pogi.:D

Regarding Zambia and Kenya:
Matagal na ang mga internal problem nila pero noong pumasok sila sa golbalisasyon saka tumindi ang kahirapan. Paano mo isisisi sa power struggle ang problema?
Power struggle ba ang dahilan kung bakit bumagsak local products nila at nagsisara mga local manufacturers doon? Hindi ba at free competition at liberalisasyon ang may gawa noon?


Walang system na perpekto, pero kung i-accuse mo ang US as in-humane e hindi ka nga anti-US.

Walang sistemang perpekto pero merong makatao.

Sige, bibigyan kita ng karapatang tawagin akong anti-US kung gusto mo.

Stop na siguro ako dito, nasabi ko na naman ang point ko. Ayokong humaba na paikot-ikot ang kwento. Marami naman tayong mababasa sa internet kung gusto natin maintindihan ang political at economic factors na kadikit ng recession.

I always respect your opinion. Sana di ka na-offend sa post ko.

[cornelsky]

magandang topic etong thread na eto

bakit dati 1929 great deppression sa us , europe at australia, may mga soup kitchen, food for work sa mga bayan na yun, walang work,
pero dati sa philippinas yan ang pre war, golden years natin

[qosmio]

I always respect your opinion. Sana di ka na-offend sa post ko.Same here. Hindi naman nakaka-offend yung post mo, next time ulit.:)

[cornelsky]

Maraming nag-cancel ng party, lalo na sa mga semicon. Lahatang panig ang epekto ng crisis ngayon. Ang ligtas lang dito ay ang mga self-reliant economies. Lahat ng economies na nakadikit sa US at sa globalization program nito ay siguradong sapol.

Gusto ko ang punto ni cornelsky, yan ang natural shift to socialism. Medyo malabo lang yan sa Pinas, sobra kurapsyon dito eh.

Nakakatuwang isipin na matapos isubo ng US ang golbalisasyon(Pribatisasyon, Liberalisasyon at Deregulasyon) sa mga bansang sakop nito ay heto ngayon at ito ang nagpapahirap sa atin at sa US mismo.

Pero nakakatakot rin dahil sa tuwing bumabagsak ang ekonomiya ng US ay may dinidigma silang bansa.
hi pagie, re natural shift to socialism, ganyan kasi nangyayari sa us at eu ngayon, sila nag pauso ng privatization yan daw uso sa globalization, ngayon pati ford, gm chrysler at mga big banks now being funded by govt funds.

yes tama ka re damay damay us, may kasabihan n "when us catches a cold, the whole world has fever"


taka ako dati 1930 parang di tayo affected sa great depression sa us at etc.... golden years pa natin yun pre war....... ano kaya ngayon? pero due to globalization seconds lanf may effect na and markets natin.


para sa akin iraq war at afghanistan front, nag pahirap sa usa at eventually sa buong mundo. 10 billion per month iraq at 2 billion per month afghanistan

[cornelsky]

IT at BPO ang unang tinamaan ng pagtitipid ng mga kumpanya dito sa Pinas. Patunay lang na pwede nilang i-delay ang upgrades sa systems at pwedeng bawasan ang support at mag-fucos sa serbisyo o produkto.

Makitid masyado ang job market ngayon.
Pwede ka mag-resign kung may sigurado kang lilipatan.:)

Maaari ring magbago ito sa panahon ni Obama.

Noong panahon ni Clinton ang mga kumpanya sa likod niya ay ang mga computer companies. Kaya naman lahat ng bansang atrasado na kontrolado nila ay bumaha ang surplus products na computers. Nag-boom ang IT course sa kolehiyo.

Noong panahon ni Bush, oil companies at war equipments ang nasa likod niya. Kaya naman simisirit pataas ang presyo ng langis sa panahon ng mag-amang Bush. May bunos pang gera.:D

Ngayon ang tanong, anong mga kumpanya ang nasa likod ni Obama?
Isa yan sa mga factors na pwedeng tingnan sa susunod na taon.
unchartered water kasi eto ngayon, ang mga developed economies ng mundo,mga may solid infra, steel mills, factories, mass productions, , may mga solid na foundation sa economia ay ma apektuhan ng crisis the most


next are the countries na banking, trading at finance sectors, like hk, sin labuan freeports next na ma hit


ang least na ma heat o minimal are mga bayan IT support like philippines,
pero syempre ramdam din natin yan


what do you think?

[pagie]

Yes, kapag bumagal ang takbo ng ekonomiya ay hindi masyadong magsi-circulate ang pinansya. Krisis ito sa banking at finance.

Nasa IT ako, tingin ko nasa 75% ang ibinaba ng employment ng programmers ngayon. Wala na ang makukulit na mga headhunters na tawag ng tawag.
Magiging malinaw ito sa January. Pwede kasing nasa budgeting pa lang ang mga companies kaya ganun. Pero tingin ko, dala talaga ng krisis.

Yung 1930 na sinasabi mo ay medyo limot ko na ang datos. Pero considering nasa early stage ng development (dito pa lang isinilang ang working class sa pagtatayo ng mga pabrika/asucarera at tabacalera din yata) pa lang ito, pwedeng sabihin na ramdam dito ang pag-angat. Yun ay kung titingnan ang infrastracture, mga tulay, gusali, kalsada, daungan.

Ang lahat ng ito ay rekisitos sa pagpapabilis ng produksyon at pag-transport nito. Sa madaling salita para sa mabilis na income/profit/tubo ng kapitalista. Pero lagi nilang sinasabi na para sa atin ito, para nga naman mabait ang dating nila.

Sa pagtagal nito ay itatali na ng mananakop sa mga kasunduan ang ating bansa, kontrolado na rin ang pulitika, ekonomiya at militar(1945 onwards).

Export oriented/Import dependent na tayo.

Simpleng troso ay ii-export sa murang halaga para i-process na maging toothpick at bibilhin sa mataas na halaga. Sila ang nagkaroon ng trabaho, tayo unemployed. Pag binili natin sila ang kikita, tayo ang consumer.

Bagsak tayo.

[cornelsky]

pero what do you think, mas affectado ba mga develope counties?
dami ko kilala sa usa natangal na sa work, medical at bank, kahit na 18 years work tangal sila ngayon

[pagie]

Sa tingin ko oo. Yun din sabi ng kaibigan ko dyan sa US. Natanggal ang mister niya na 15years na sa work.
Mula nung pumutok ang bubble economy ng US (realty), daming bangko ang nalugi, kasama mga bangko sa Europe, mga international banks. Tulog ngayon ang puhunan sa mga bahay na ipinagawa at walang nagbabayad sa bangko ng mga inutang na properties. Tigil ang pag-ikot ng pera. Recession na rin ito pero nasa early stage.

Late 90's ay may krisis na rin sa IT, electronics, at sa pagawaan ng tela sa US.

Mas apektado talaga ang US dahil nandun talaga sa kanila ang krisis. Ang mga bansang kakalakalan nila ay apektado rin gaya ng Japan.

[real madrid]

buhay talaga, sa january pa naman uupo si obama ....

makakatulong kaya?

[pagie]

Problema ang sasaluhin niya.. pero sana makatulong.
Wala pa akong nababasa na program niya para dito eh. Sana may makapag-post ng links. :)

[cornelsky]

si barak obama, as well as past presidential democrats, ay mas priority nila ay economy from FDR "new deal", to clinton "rubinomics" kaya pag dems, ganda economy, nung pag upo ni clinton halos balance ang budget at strong us economy, nung GW bush sr. (republican) mahusay sya forien policy bagsak ang iron curtain, iraq, russia pero bad economy talo sya,
**** milhouse nixon, mahusay foreign policy, open the bamboo curtain,
carter, democrat, nag mahusay sa forien policy, he even micro manage military ops, panay check mate sya ng soviet union from afghanistan, iranian revolution, bagsak si duvalier, return canal zone, india, naging soviet client, cuba nag papadala ng mercenaries sa africa.

ngayon democrat obama, may pahiwatig sya na no more out aourcing ng jobs ang us, pati mga toys sa us na gagawin, only out sourcing muna is thru NAFTA (north american free trade agreement) canada-usa-mexico muna bagi i out source

it seems gloomy ang plano ni obama sa economy,
dami natatakot baka maging isolationist ang USA, save self first

[cornelsky]

us work force lost 250,000 jobs this november
biggest loss of employment for the last 10 years
what is next??????

[real madrid]

save self first....

di malayong mangyari, pero hindi ba para makabangon ang economy

dun sila sa mas mababa ang pasahod? kesa hire sila ng mga kano

na mas malaki di hamak ang sinasahod.

[pagie]

Actually matagal nang hindi mabalanse ng US gov ang labor at company interest. Kung ipipilit nilang sa US ipagawa ang trabaho, solve ang unemployment at underemployment. Kaso sisigaw ng lugi ang negosyante. At dahil capitalist rules in capitalist country, negosyante ang nasunod.

Imagine, 2001 pa lang yata yun nung magkaproblema ang employment ng IT sa kanila. Kabi-kabila rin ang lay-off noon. Naalarma ako nung madaanan ng research namin yun kase graduating na ako. Yun pala nandito sa Pinas naka-outsource ang IT jobs.:)

[real madrid]

kaya ang tahasang tanggalan ngayon ay may nakikita pa din akong magandang epekto naman sa ibang lahi gaya ng mga pinoy.

ang masusunod pa din ay yung company interest.

[pagie]

korek! tingin ko rin mas may pressure pa rin sa gov ang kapitalista. :)

[cornelsky]

:confused:Actually matagal nang hindi mabalanse ng US gov ang labor at company interest. Kung ipipilit nilang sa US ipagawa ang trabaho, solve ang unemployment at underemployment. Kaso sisigaw ng lugi ang negosyante. At dahil capitalist rules in capitalist country, negosyante ang nasunod.

Imagine, 2001 pa lang yata yun nung magkaproblema ang employment ng IT sa kanila. Kabi-kabila rin ang lay-off noon. Naalarma ako nung madaanan ng research namin yun kase graduating na ako. Yun pala nandito sa Pinas naka-outsource ang IT jobs.:)
yes, eto ata yun "bubble burst" ng IT sa silicon valley at else where, pero naka recover pa din sila by out sourcing to other countries.

pero sa ngayon hindi lang isang sector ng industrie, ngayon pati banking, financial institutions, manufacturing etc.

pwede nila gawin yun , mag karoon ng moratorium para wag muna ipasunod ang US labor laws pertaining to minimum wage,mula, damit, toys, cars inside NAFTA sila the most, pero madami magagalit sa kanila.

at 80% ng world commerce at USA, mga offices nila sa europe na nag contribute ng growth sa eu us companies din

yung individual state nila like ohio parang italian total economy, california parang france, texas parang germany, illinois parang buong central europe na...... pag naaalala ko ganun, para pala tayo isang patak sa balde

[cornelsky]

kaya ang tahasang tanggalan ngayon ay may nakikita pa din akong magandang epekto naman sa ibang lahi gaya ng mga pinoy.

ang masusunod pa din ay yung company interest.
real madrid, i agree 100% dyan sa observation mo. mas may potential tayo to weather the economic crisis kasi sanay na tayo sa hirap dito, di gaya sa mga eveloped country namihaa sila sa easy life, automated,

tayo hibe, munggo, singkamas lang solved na

50 pesos kaya natin budget na pakainin madami

sa usa ang 1 dollar pasahe palang sa super market ubos na

[me_bee_da7]

si barak obama, as well as past presidential democrats, ay mas priority nila ay economy from FDR "new deal", to clinton "rubinomics" kaya pag dems, ganda economy, nung pag upo ni clinton halos balance ang budget at strong us economy, nung GW bush sr. (republican) mahusay sya forien policy bagsak ang iron curtain, iraq, russia pero bad economy talo sya,
**** milhouse nixon, mahusay foreign policy, open the bamboo curtain,
carter, democrat, nag mahusay sa forien policy, he even micro manage military ops, panay check mate sya ng soviet union from afghanistan, iranian revolution, bagsak si duvalier, return canal zone, india, naging soviet client, cuba nag papadala ng mercenaries sa africa.

ngayon democrat obama, may pahiwatig sya na no more out aourcing ng jobs ang us, pati mga toys sa us na gagawin, only out sourcing muna is thru NAFTA (north american free trade agreement) canada-usa-mexico muna bagi i out source

it seems gloomy ang plano ni obama sa economy,
dami natatakot baka maging isolationist ang USA, save self first


lolz.. can you blame him? he is the president of his people & he ought to look after them first << charity begins at home!!:)

[me_bee_da7]

real madrid, i agree 100% dyan sa observation mo. mas may potential tayo to weather the economic crisis kasi sanay na tayo sa hirap dito, di gaya sa mga eveloped country namihaa sila sa easy life, automated,

tayo hibe, munggo, singkamas lang solved na

50 pesos kaya natin budget na pakainin madami

sa usa ang 1 dollar pasahe palang sa super market ubos na

correction:bus fare is $2 which is going to go up by $1 on or before Jan09!

[me_bee_da7]

Actually matagal nang hindi mabalanse ng US gov ang labor at company interest. Kung ipipilit nilang sa US ipagawa ang trabaho, solve ang unemployment at underemployment. Kaso sisigaw ng lugi ang negosyante. At dahil capitalist rules in capitalist country, negosyante ang nasunod.

Imagine, 2001 pa lang yata yun nung magkaproblema ang employment ng IT sa kanila. Kabi-kabila rin ang lay-off noon. Naalarma ako nung madaanan ng research namin yun kase graduating na ako. Yun pala nandito sa Pinas naka-outsource ang IT jobs.:)


i beg to differ.. in my observation, it is in the interest of US companies to bring back work outsourced from overseas to the home country kc gov't is going to give them tax breaks for every work they bring back in & besides the market for their goods are mostly at home & if the US consumer cannot buy goods bcoz of unemployment then everybody losses.. the US has a lot of unemployed right now & the gov't is offering training for re-employment to jobs that are presently outsourced & the unemployed have no choice but to take advantage of it to survive.. there are a lot that are taking additional training now, stats show, so it's only a matter of time when the US economy will get back on the right track -- you can surely bet on it!! the people in the US are too patriotic & proud to allow the country to fail..*okay*

[cornelsky]

correction:bus fare is $2 which is going to go up by $1 on or before Jan09!
grabe pala almot 3 usd ang bus fare , ano yun minimun fare nila?
bale 150 na yan going to market, dito sa philippnes every 5km radius may talipapa;)
san ba lugar mo sa usa?
musta mga malls dyan? sbi ng pinsan ko gloomy daw before black friday? musta ang black friday shoping?

[cornelsky]

i beg to differ.. in my observation, it is in the interest of US companies to bring back work outsourced from overseas to the home country kc gov't is going to give them tax breaks for every work they bring back in & besides the market for their goods are mostly at home & if the US consumer cannot buy goods bcoz of unemployment then everybody losses.. the US has a lot of unemployed right now & the gov't is offering training for re-employment to jobs that are presently outsourced & the unemployed have no choice but to take advantage of it to survive.. there are a lot that are taking additional training now, stats show, so it's only a matter of time when the US economy will get back on the right track -- you can surely bet on it!! the people in the US are too patriotic & proud to allow the country to fail..*okay*

again i agree with that that the US economy will boounce back, just as they din in the 1930's, and other mini depression thereafter brought about bt business cycles. but in the 30's they recovered after 9 years.

the US economic might is solid may mga heavy industry , steel mills, factories, skilled labor and etc, that are more than enough for growth, unlike several developing economies like philippines, our economic lifeline is the export of our human resources, and IT, which is called fluid economy. any country can have these as an advantage, IT can be learned by the youth and labor export can be exported as well.

but

[cornelsky]

i beg to differ.. in my observation, it is in the interest of US companies to bring back work outsourced from overseas to the home country kc gov't is going to give them tax breaks for every work they bring back in & besides the market for their goods are mostly at home & if the US consumer cannot buy goods bcoz of unemployment then everybody losses.. the US has a lot of unemployed right now & the gov't is offering training for re-employment to jobs that are presently outsourced & the unemployed have no choice but to take advantage of it to survive.. there are a lot that are taking additional training now, stats show, so it's only a matter of time when the US economy will get back on the right track -- you can surely bet on it!! the people in the US are too patriotic & proud to allow the country to fail..*okay*

again i agree with that that the US economy will boounce back, just as they din in the 1930's, and other mini depression thereafter brought about bt business cycles. but in the 30's they recovered after 9 years.

the US economic might is solid may mga heavy industry , steel mills, factories, skilled labor and etc, that are more than enough for growth, unlike several developing economies like philippines, our economic lifeline is the export of our human resources, and IT, which is called fluid economy. any country can have these as an advantage, IT can be learned by the youth and labor export can be exported as well.

but to have factories, production line, develope finance system, matagal gawin yan at capital extensive

[TheEndofDays]

We cannot blame why the new US government will bring-up their rubbled economy from the previous administration. We will expect more outsource opportunities to be slashed-out here, but there are still will remain like have long outsource relationship with the US to name the few HP (covers only APAC),IBM (with long contracts with US), Food and Drug like Bristol Myers Squibb and Retail, also US companies with Regional status.

I suggest be ready for the biggest wave next year! tips for survival.

1. Choose companies like energy, drugs and retail. They are more in position to survive
2. Industries that are likely to be affected are export (electronics), us banking, us financial firms. Think twice before applying with them
3. If you are in a good company, just stay for a year it maybe your own shield
4. If you are in a BPO choose companies that have EURO clients.
5. Start having a small business in the provinces

[pagie]

i beg to differ.. in my observation, it is in the interest of US companies to bring back work outsourced from overseas to the home country kc gov't is going to give them tax breaks for every work they bring back in & besides the market for their goods are mostly at home & if the US consumer cannot buy goods bcoz of unemployment then everybody losses.. the US has a lot of unemployed right now & the gov't is offering training for re-employment to jobs that are presently outsourced & the unemployed have no choice but to take advantage of it to survive.. there are a lot that are taking additional training now, stats show, so it's only a matter of time when the US economy will get back on the right track -- you can surely bet on it!! the people in the US are too patriotic & proud to allow the country to fail..*okay*

Hindi mabubuhay ang mga bangkaroteng kumpanya sa tax breaks at pagsalo ng gobyerno nila sa mga kumpanyang nalulugi. Ang basehan para kumita ang kumpanya ay ang market. Kung babalik sa US ang mga company na nag-outsource, may produkto ba silang mabebenta doon? May kita ba ang mga tao para i-consume ang produkto nila?

Eh paano pa kaya kung serbisyo ang inilalako nila gaya ng support sa mga produkto? Siguradong sa bansa na kung saan sila makakatipid ng labor cost mananatili.

Tandaan natin na nalagpasan na ng US ang depression ng 1929. Mas malala ang sitwasyon ngayon. Kahit sinalo niya ang mga financial insti na bumagsak hindi ito solusyon. Lalo itong nagpalala.

At mismong ang mga taga-US ay nag-iisip kung makakaupo nga ba si Obama sa 2009.

[malditangpoks]

Let us all be aware and be ready for everything...

[slimrock]

2 years yung estimate na itatagal ng recession right?

[cornelsky]

2 years yung estimate na itatagal ng recession right?

pag recession due to bizness cycle ma ganun or even 18 months or less, gaya 1974, 78, 1992 97 2001
pero 1930s it takes ten years at dami nila pinag bawal pati pag inum ngalak

[me_bee_da7]

Hindi mabubuhay ang mga bangkaroteng kumpanya sa tax breaks at pagsalo ng gobyerno nila sa mga kumpanyang nalulugi. Ang basehan para kumita ang kumpanya ay ang market. Kung babalik sa US ang mga company na nag-outsource, may produkto ba silang mabebenta doon? May kita ba ang mga tao para i-consume ang produkto nila?

Eh paano pa kaya kung serbisyo ang inilalako nila gaya ng support sa mga produkto? Siguradong sa bansa na kung saan sila makakatipid ng labor cost mananatili.

Tandaan natin na nalagpasan na ng US ang depression ng 1929. Mas malala ang sitwasyon ngayon. Kahit sinalo niya ang mga financial insti na bumagsak hindi ito solusyon. Lalo itong nagpalala.

At mismong ang mga taga-US ay nag-iisip kung makakaupo nga ba si Obama sa 2009.



wow.. the news about bankrupt US companies does not mean that the people running or serving them are also bankrupt & sa US, bankruptcy is a means to get out of utang actually.. syempre, yung companies that produce goods & services that are not necessary for everyday living will have to reevaluate their business & adjust to the times.. kung ang mga shoppers nga sa Pinas ay nakakapagshop pa rin in a crisis situation how much more ang mga taga US? remember they have been here before & they always get back on track.. kaya nga ang mga illegals are being shipped back to their countries para nga there will be more jobs open ( now many US born espanyols are taking over those jobs including other US workers) & also to have the benefits of medicaid & food stamps & public housing benefit the legals & citizens.. do not underestimate what the US gov't & it's people will do to get back to prosperity bcoz they believe it is their right to pursue the best for themselves.. & remember also that yung mga businesses na in retail are resells produced by other countries sold in the US so what i see that they're doing is to focus on the local businesses producing here & start telling people to buy US goods which in turn will make US business profitable.. napakalaki ng US continent at ang dami ng populace na financially stable so walang problema sa area ng consumers & buyers specially if they know they are helping their own country & people..

do not believe all that you read in the news..:) ang "mahirap" sa US ay malayo sa "mahirap" ng Pinas..

*okay*

[me_bee_da7]

grabe pala almot 3 usd ang bus fare , ano yun minimun fare nila?
bale 150 na yan going to market, dito sa philippnes every 5km radius may talipapa;)
san ba lugar mo sa usa?
musta mga malls dyan? sbi ng pinsan ko gloomy daw before black friday? musta ang black friday shoping?

people in the US know when to splurge in good times & step back in bad.. dito naman kc, people want to update their "toys" & clothing to the latest model or trend kahit na kabibili lang.. like the kids in the house, wala nang mapaglagyan ng gamit nila & imagine that every "game disk" costs $60 up & they have several game consoles not only one & yung dalaga namin ang "jordans" isang closet kc every month may bago & she collects it -- the latest cost $400 plus a pair!! the shopping here is obscene so tama lang na maghunusdili na ang consumer & be more practical!! this crisis is actually "good" for the people so they get back to basics & to what really counts in life!! actually it's about time we all pause, don't you think so?:)

ok lang ang pamasahe kc you pay $2 a certain route whether you exit near the originating point or at the end of the route & if you need to get another bus on another route to reach your destination, there is a free transfer (valid for 2 hours).. i'm in New York & shopping on Black Friday sa upstate outlets (Woodbury) where most of the asians go including those from other states like New Jersey & beyond & from Canada (pinoys included dahil mahilig sa branded lolz) had still their long lines although much more subdued, unlike past yeas when parang maubusan kung bumili, haha:lol:

another reason that outdoor shopping is less this year kc mahal ang gas & people buy online dahil most of the online stores include free shipping tapos yung iba pwede mo pang ipa-gift wrap & ship to the gift recipient's address so walang kahiraphirap*okay*

[cornelsky]

people in the US know when to splurge in good times & step back in bad.. dito naman kc, people want to update their "toys" & clothing to the latest model or trend kahit na kabibili lang.. like the kids in the house, wala nang mapaglagyan ng gamit nila & imagine that every "game disk" costs $60 up & they have several game consoles not only one & yung dalaga namin ang "jordans" isang closet kc every month may bago & she collects it -- the latest cost $400 plus a pair!! the shopping here is obscene so tama lang na maghunusdili na ang consumer & be more practical!! this crisis is actually "good" for the people so they get back to basics & to what really counts in life!! actually it's about time we all pause, don't you think so?:)

ok lang ang pamasahe kc you pay $2 a certain route whether you exit near the originating point or at the end of the route & if you need to get another bus on another route to reach your destination, there is a free transfer (valid for 2 hours).. i'm in New York & shopping on Black Friday sa upstate outlets (Woodbury) where most of the asians go including those from other states like New Jersey & beyond & from Canada (pinoys included dahil mahilig sa branded lolz) had still their long lines although much more subdued, unlike past yeas when parang maubusan kung bumili, haha:lol:

another reason that outdoor shopping is less this year kc mahal ang gas & people buy online dahil most of the online stores include free shipping tapos yung iba pwede mo pang ipa-gift wrap & ship to the gift recipient's address so walang kahiraphirap*okay*

grabe pala talaga ang mga consumer goods dyan, dapat talaga may mga self contro ang mga taga US. so yun pala may transfer sa bus and 2 dollars takes u a far.
pero dito kasi dami talipapa at ** can walk, at dami na mga nag momotor ngayon who extend thier reach and economy by 50km per liter. sa food di siguro mas yado quality food dito, pero for survival sobra na. sa amin 15 kami sa house hold kasama na 3 80 years old budget namin ay 500 per day sa food sobra na yun example ng ulam ay eggs , pandesal, hotdog breakfast, pata paksiw lunch at tinola an dinner we survive, tumataba pa nga mga tao. wag ka lang buy ng plasma tv na 50 inches at buy mga Loiue Vitton our daily survival is assured.

sa USA ano one could give thier idea how to budget food for 4 persons?

[me_bee_da7]

grabe pala talaga ang mga consumer goods dyan, dapat talaga may mga self contro ang mga taga US. so yun pala may transfer sa bus and 2 dollars takes u a far.
pero dito kasi dami talipapa at ** can walk, at dami na mga nag momotor ngayon who extend thier reach and economy by 50km per liter. sa food di siguro mas yado quality food dito, pero for survival sobra na. sa amin 15 kami sa house hold kasama na 3 80 years old budget namin ay 500 per day sa food sobra na yun example ng ulam ay eggs , pandesal, hotdog breakfast, pata paksiw lunch at tinola an dinner we survive, tumataba pa nga mga tao. wag ka lang buy ng plasma tv na 50 inches at buy mga Loiue Vitton our daily survival is assured.

sa USA ano one could give thier idea how to budget food for 4 persons?


di ko lang alam ang style ng iba but we usually buy chicken, pork, beef, olive oil, rice, milk, eggs, cereals, canned goods in bulk sa Costco or Sams(membership wholesalers) where we are a member & divide the meat in individual meal packets to defrost & cook everyday & buy gulay & fish sa Chinatown where there is more variety & choice peculiar to the asian taste.. meron dun gandang bangus, GG, pampano, hito, big tilapia, seasonings & sa gulay yung kangkong, sitaw, upo, talong, ampalaya, etc. & very fresh produce everyday.. isa pa may restaurant dun frequented by Pinoys na may mga ulam like that of what filipinos like to eat in Manila Chinatown & where you can get yung siopao & mami too.. in many areas in NY, each neighborhood like ours, we have a supermarket, diner, chinese take-outs, italian restaurants & pizza parlors, wine shops, bagel shops, bank etc. on the same street where our home is located at wala namang problema sa NY kc malawak ang public transpo system(trains, subway, buses, ferries) unlike other US states na wala so you have to have a car although meron din naman car ang mga taga NY kc mahilig mag lakwatsa as a family or a group out of state..

NY Chinatown is the largest in the US & many filipinos from nearby states & tourists love shopping there kc malapit din ang pier for the very large cruise ships from all over the world dun.. there is so much to see & enjoy in NY kahit konti lang pera mo, like going to Central Park (ndi mo kayang libutin in many days kc ang lawak parang city within a city) & nearby 5th Ave. for window shopping & just walking around & watching the droves of people in the streets & visit the huge public libraries , museums, Times Square area, Statue of Liberty island, etc., so that's why we love New York & have no intention of leaving for another state!*okay*

[nortonantivirus]

pag recession due to bizness cycle ma ganun or even 18 months or less, gaya 1974, 78, 1992 97 2001
pero 1930s it takes ten years at dami nila pinag bawal pati pag inum ngalak


kung mga 2 years pa ang itatagal ng recession, so malamang na mga 2010-2011 pa matatapos ang recession.


btw, freeze nga pala ang salary increase sa Amkor ngayon, the sups just received an email from the ATP President regarding the salary increase issue, and may tsismis pa na mgtatanggalan next year...OMG, tapos 5 days na lang ang pasok ng mga empleyado, instead of 6 working days, yung ibang department 4 days na lang ang pasok. tapos, tinanggal na rin nila ang outsource (Testech, Basic)

[pagie]

wow.. the news about bankrupt US companies does not mean that the people running or serving them are also bankrupt & sa US, bankruptcy is a means to get out of utang actually.. syempre, yung companies that produce goods & services that are not necessary for everyday living will have to reevaluate their business & adjust to the times.. kung ang mga shoppers nga sa Pinas ay nakakapagshop pa rin in a crisis situation how much more ang mga taga US? remember they have been here before & they always get back on track.. kaya nga ang mga illegals are being shipped back to their countries para nga there will be more jobs open ( now many US born espanyols are taking over those jobs including other US workers) & also to have the benefits of medicaid & food stamps & public housing benefit the legals & citizens.. do not underestimate what the US gov't & it's people will do to get back to prosperity bcoz they believe it is their right to pursue the best for themselves.. & remember also that yung mga businesses na in retail are resells produced by other countries sold in the US so what i see that they're doing is to focus on the local businesses producing here & start telling people to buy US goods which in turn will make US business profitable.. napakalaki ng US continent at ang dami ng populace na financially stable so walang problema sa area ng consumers & buyers specially if they know they are helping their own country & people..

do not believe all that you read in the news..:) ang "mahirap" sa US ay malayo sa "mahirap" ng Pinas..

*okay*

Ang krisis ng US ay krisis sa sobrang produkto nag-ugat. Kaya nga nananakop ng bansa yan para pagbentahan ng sobrang produkto at manatili silang buhay. Sige, bilhin nila ang sariling produkto, eh sobra pa rin. Kaya nga nung great depression ay nang-gyera sila. At ngayon ay ganun pa rin sila, gyera para lutasin ang krisis. Pero mali ang paraan na yan, hindi yan solusyon sa over production.

Hindi problema kung malayo tayo sa US basta alam natin ang batayan ng analysis natin.

[me_bee_da7]

Ang krisis ng US ay krisis sa sobrang produkto nag-ugat. Kaya nga nananakop ng bansa yan para pagbentahan ng sobrang produkto at manatili silang buhay. Sige, bilhin nila ang sariling produkto, eh sobra pa rin. Kaya nga nung great depression ay nang-gyera sila. At ngayon ay ganun pa rin sila, gyera para lutasin ang krisis. Pero mali ang paraan na yan, hindi yan solusyon sa over production.

Hindi problema kung malayo tayo sa US basta alam natin ang batayan ng analysis natin.


lolz.. it's not US over-production but the deluge of cheap goods from China & elsewhere that is killing the business of goods made in the US << yan ang pumatay sa manufacturing business sa US at idagdag mo pa ang cheap labor from illegals.. the Japanese car manufacturers that are making their cars in the US do not have labor unions so they got cheaper labor that gives them an edge.. government subsidies that are for legal workers & citizens like public education, medicaid, paid housing, & food stamps are received by illegals through fake papers that somehow got into the system << our previous tenant was such so i know.. the system is broken & have to be fixed & the gov't is just beginning to do it now.. hopefuly the Obama administration will fix the problem.

btw pano mo masabi na nanakop ang US ng ibang bansa para pagbentahan ng goods eh wala na nga ang US manufacturing sector dahil bumibili na lang ng gawa ng ibang bansa tapos pano bibili ang war torn country ng goods eh ang US pa nga ang gumagastos ng million million araw araw sa gyera na yan?:confused: war is one of the causes of the crisis bcoz it bleeds out the blood of the economy.

[Macky_EX]

Opinion ko lang po..... no matter how great we think of the US, may mga flows pa rin sila..... I can name a few here....

Their stock exchange processes for example is far from being perfect.... a financial system in place to favor greed..... this is what I believed to be the primary reason that led to their present financial predicament.

Secondly the US going to war, led by their war-mongrel soon-to-be ex-president and his dad, benefitted a selected few. Billions of dollars were (mis)allocated to these "wars". Money that if spent accordingly might have lessen the impact of the problem stated above.

Thirdly, too much pride, pratriotism, and confidence. These affected their sense of reasoning when dealing with both their legal and illegal migrant workers. Sayang talaga si Kerry, hehehe.... I still believe Kerry has the best solution for this. Kahit na alam na ng buong mundo na may problema talaga sila, Americans still think na they've been there a lot of times before and will certainly pull through again this time.

Marami pang iba pero ito yung pinaka-glaring sa aking opinion.

Pinaka-madali kasing tumingin sa isang specific na problema at maghanap at magturo kung sino ang may sala at dapat sisihin.... sawang sawa na kasi ako sa pulitika :lol:

[pagie]

lolz.. it's not US over-production but the deluge of cheap goods from China & elsewhere that is killing the business of goods made in the US << yan ang pumatay sa manufacturing business sa US at idagdag mo pa ang cheap labor from illegals.. the Japanese car manufacturers that are making their cars in the US do not have labor unions so they got cheaper labor that gives them an edge.. government subsidies that are for legal workers & citizens like public education, medicaid, paid housing, & food stamps are received by illegals through fake papers that somehow got into the system << our previous tenant was such so i know.. the system is broken & have to be fixed & the gov't is just beginning to do it now.. hopefuly the Obama administration will fix the problem.

btw pano mo masabi na nanakop ang US ng ibang bansa para pagbentahan ng goods eh wala na nga ang US manufacturing sector dahil bumibili na lang ng gawa ng ibang bansa tapos pano bibili ang war torn country ng goods eh ang US pa nga ang gumagastos ng million million araw araw sa gyera na yan?:confused: war is one of the causes of the crisis bcoz it bleeds out the blood of the economy.

Hindi over production? Eh bakit bumagsak ang mga kumpanya ng airlines, tela, elektroniks, etc..? At ano ang tawag mo sa bubble economy na biglang pumutok?

Pano bibili ang war torn country ng goods ng US?
Bro, kung Iraq ang pag-uusapan, sa giyera pa lang kumita na ng malaki ang kumpanya ni Bush na ang produkto ay mga tangke de gera at armas pandigma. Tulong na rin ito sa eko ng US.

Langis. Kumpanya ng langis ang nasa likod ni Bush, kaya nga problema lagi ang langis at presyo nito tuwing BUsh ang nakaupo. At Langis ang meron sa Iraq na pinaglalawayan ng US.

Sa dulo, kapag nakumpleto na ang kontrol sa Iraq, magiging consumer na sila ng US.

Sa ngayon, halos talo pa ang US sa gastos nila sa gyera lalo at araw-araw silang ina-ambus ng mga Iraqi. Hindi pa nila tuluyang nasasakop ang Iraq,.

Hindi ito sariling analisis ko lang. Kasaysayn ang nagsasabi na ang pangunahing dahilan ng pananakop ay market, cheap labor, at raw materials.

[pulangpula]

IT at BPO ang unang tinamaan ng pagtitipid ng mga kumpanya dito sa Pinas. Patunay lang na pwede nilang i-delay ang upgrades sa systems at pwedeng bawasan ang support at mag-fucos sa serbisyo o produkto.

Makitid masyado ang job market ngayon.
Pwede ka mag-resign kung may sigurado kang lilipatan.:)

Maaari ring magbago ito sa panahon ni Obama.

Noong panahon ni Clinton ang mga kumpanya sa likod niya ay ang mga computer companies. Kaya naman lahat ng bansang atrasado na kontrolado nila ay bumaha ang surplus products na computers. Nag-boom ang IT course sa kolehiyo.

Noong panahon ni Bush, oil companies at war equipments ang nasa likod niya. Kaya naman simisirit pataas ang presyo ng langis sa panahon ng mag-amang Bush. May bunos pang gera.:D

Ngayon ang tanong, anong mga kumpanya ang nasa likod ni Obama?
Isa yan sa mga factors na pwedeng tingnan sa susunod na taon.

i like the way you reason... and oh your avatar too.

is that your pic?

[Mr_Peeg]

i like the way you reason... and oh your avatar too.

is that your pic?

Probably not. The poster talks like a dude and used the word 'bro' in one of his sentences.

[me_bee_da7]

Hindi over production? Eh bakit bumagsak ang mga kumpanya ng airlines, tela, elektroniks, etc..? At ano ang tawag mo sa bubble economy na biglang pumutok?

Pano bibili ang war torn country ng goods ng US?
Bro, kung Iraq ang pag-uusapan, sa giyera pa lang kumita na ng malaki ang kumpanya ni Bush na ang produkto ay mga tangke de gera at armas pandigma. Tulong na rin ito sa eko ng US.

Langis. Kumpanya ng langis ang nasa likod ni Bush, kaya nga problema lagi ang langis at presyo nito tuwing BUsh ang nakaupo. At Langis ang meron sa Iraq na pinaglalawayan ng US.

Sa dulo, kapag nakumpleto na ang kontrol sa Iraq, magiging consumer na sila ng US.

Sa ngayon, halos talo pa ang US sa gastos nila sa gyera lalo at araw-araw silang ina-ambus ng mga Iraqi. Hindi pa nila tuluyang nasasakop ang Iraq,.

Hindi ito sariling analisis ko lang. Kasaysayn ang nagsasabi na ang pangunahing dahilan ng pananakop ay market, cheap labor, at raw materials.

ano ang airline bumagsak? tela? electronics? nag-consolidate lang at nagslimming down sa personnel dahil nga unionized ang labor at umiiwas ang companies sa mga benfits at increases taon-taon.. ang stocks ng Apple at ibang electronics are still making good kahit na nga crisis.. you are talking in the past tense na dahil ngayon they are correcting it na.. ndi naman pwedeng milagro at makita mo agad ang results of economy reset agad.. well, if you are basing your analysis on the past, remember that economics is an ever-changing thing & that is why economists take "continuing education" & retool what they learn kc everything continually evolves.. let's say private persons made money in the war, how could this benefit the economy when this goes directly to the pockets of the powerful and allies? one cannot count wealth in futures like what you are saying as in future markets, cheap labor, & raw materials resulting from a war.. it will take decades to know what the results will be? meantime, there are enough sources of cheap labor now, the US has enough consumers ( it is the other countries that need the US consumers for their products), ikaw na ang nagsabi na over-producer ang US so raw materials are locally available to them & a rebirth of US manufacturing will take care of that area..*okay*

[JustBrowsing]

ano ang airline bumagsak? tela? electronics? nag-consolidate lang at nagslimming down sa personnel dahil nga unionized ang labor at umiiwas ang companies sa mga benfits at increases taon-taon.. ang stocks ng Apple at ibang electronics are still making good kahit na nga crisis.. you are talking in the past tense na dahil ngayon they are correcting it na.. ndi naman pwedeng milagro at makita mo agad ang results of economy reset agad.. well, if you are basing your analysis on the past, remember that economics is an ever-changing thing & that is why economists take "continuing education" & retool what they learn kc everything continually evolves.. let's say private persons made money in the war, how could this benefit the economy when this goes directly to the pockets of the powerful and allies? one cannot count wealth in futures like what you are saying as in future markets, cheap labor, & raw materials resulting from a war.. it will take decades to know what the results will be? meantime, there are enough sources of cheap labor now, the US has enough consumers ( it is the other countries that need the US consumers for their products), ikaw na ang nagsabi na over-producer ang US so raw materials are locally available to them & a rebirth of US manufacturing will take care of that area..*okay*

Aloha, SkyBus and Frontier Airlines are just some of the airlines that filed bankruptcy this year, just so you know.

[me_bee_da7]

Opinion ko lang po..... no matter how great we think of the US, may mga flows pa rin sila..... I can name a few here....

Their stock exchange processes for example is far from being perfect.... a financial system in place to favor greed..... this is what I believed to be the primary reason that led to their present financial predicament.

Secondly the US going to war, led by their war-mongrel soon-to-be ex-president and his dad, benefitted a selected few. Billions of dollars were (mis)allocated to these "wars". Money that if spent accordingly might have lessen the impact of the problem stated above.

Thirdly, too much pride, pratriotism, and confidence. These affected their sense of reasoning when dealing with both their legal and illegal migrant workers. Sayang talaga si Kerry, hehehe.... I still believe Kerry has the best solution for this. Kahit na alam na ng buong mundo na may problema talaga sila, Americans still think na they've been there a lot of times before and will certainly pull through again this time.

Marami pang iba pero ito yung pinaka-glaring sa aking opinion.

Pinaka-madali kasing tumingin sa isang specific na problema at maghanap at magturo kung sino ang may sala at dapat sisihin.... sawang sawa na kasi ako sa pulitika :lol:


i agree on the points you indicated here although what country does not have flaws in their system specially the US which was born before other countries had theirs << it's an old system & has to be looked into to conform to the changing times.. as you said, the US is a great nation & with all it's natural & human resources, there will always be Hope for a better tomorrow bcoz "too much pride, patriotism, & confidence" is a good thing if redirected to a good outcome by good governance.. i do not believe that any one person is to blame for this world crisis but all of the world citizens that somehow contributed to it by our own individual shortcomings & bahala na attitudes.. yun lang po!

[me_bee_da7]

Aloha, SkyBus and Frontier Airlines are just some of the airlines that filed bankruptcy this year, just so you know.


those are not purely american companies.. & as i have said, filing for bankruptcy does not necessarily mean that they don't have any more assets to either return as another business or to consolidate with another company.. just so you know too. lolz:D

[pagie]

Ayos ang linya ng pangangatwiran mo ah, porket hindi pure US company ay parang sinasabi mong labas na yan sa usapan?
Bro, hindi porket sinabi kong bumagsak ay wala na o tapos na ang company. Oo, pwede siyang bumangon bukas o sa susunod na sampung taon. Ang point ay bumagsak, may problema.

Hindi ako nagyayabang ng analisis ko sa nakaraan, dahil hanggang ngayon nagaanalisa ako ng ekonomiya at polisiyang pang-ekonomiya.

Pero dahil hindi mo ako maintindihan, hindi na rin ako magpo-post ng marami. Nasabi ko na ang punto ko.

Isa sa magandang libro na Kano mismo ang nagsulat ay ay "Waltzing with a Dictator". Tungkol ito sa polisiya ng US sa ibang bansa ay sa diktadorya ni Marcos. Dito makikita kung paano sinuportahan ng US ang mga diktador sa iba't-iabng bansa para sa interes nila. Paano kumontrol ang US gamit ang CIA. Bakit nanggegera.

Sana bro wag ma-offend at huwag mamisinterpret ang post ko.:)

pulangpula: Hindi ako kasing pula mo, pero salamat sa sinabi mo.:)

[BeerhandBop]

Wow, this thread has some srs intarwebz debatez going on.

i merely came in here because of the word recess.


well i just wanna leave with the old saying, "arguing in the internet is like winning the special olympics- winning or losing, you're still a r3tard."

[me_bee_da7]

Wow, this thread has some srs intarwebz debatez going on.

i merely came in here because of the word recess.


well i just wanna leave with the old saying, "arguing in the internet is like winning the special olympics- winning or losing, you're still a r3tard."


we are not arguing but discussing the merits of our points of view.. retards? i don't know of any special people who bother about arguments so maybe you're the retard..lolz:lol: :silly: & oh yes, retards only care for food & they automatically respond to the word "recess".. haha:rotflmao:

[me_bee_da7]

Ayos ang linya ng pangangatwiran mo ah, porket hindi pure US company ay parang sinasabi mong labas na yan sa usapan?
Bro, hindi porket sinabi kong bumagsak ay wala na o tapos na ang company. Oo, pwede siyang bumangon bukas o sa susunod na sampung taon. Ang point ay bumagsak, may problema.

Hindi ako nagyayabang ng analisis ko sa nakaraan, dahil hanggang ngayon nagaanalisa ako ng ekonomiya at polisiyang pang-ekonomiya.

Pero dahil hindi mo ako maintindihan, hindi na rin ako magpo-post ng marami. Nasabi ko na ang punto ko.

Isa sa magandang libro na Kano mismo ang nagsulat ay ay "Waltzing with a Dictator". Tungkol ito sa polisiya ng US sa ibang bansa ay sa diktadorya ni Marcos. Dito makikita kung paano sinuportahan ng US ang mga diktador sa iba't-iabng bansa para sa interes nila. Paano kumontrol ang US gamit ang CIA. Bakit nanggegera.

Sana bro wag ma-offend at huwag mamisinterpret ang post ko.:)

pulangpula: Hindi ako kasing pula mo, pero salamat sa sinabi mo.:)


:hmm: ndi dahil economics major/masters ka ay alam mo na ang puno't dulo ng isang usapan dahil yung nalalaman mo ay nabasa mo lang sa libro na idea/analysis lang din ng ibang tao.. if you are a true analyst, you should be open to the experiences & opinions of others who have also been given the gift of an analytical mind, of which no one person can claim is exclusively his/hers.:bow:

just like bankrupt companies, ideas are recyclable too!:)

btw, the war was not the result of the crisis, as you mentioned, bcoz the war happened BEFORE the crisis, kc sabi mo "gyera para lutasin ang krisis"..:confused:

[pagie]

:hmm: ndi dahil economics major/masters ka ay alam mo na ang puno't dulo ng isang usapan dahil yung nalalaman mo ay nabasa mo lang sa libro na idea/analysis lang din ng ibang tao.. if you are a true analyst, you should be open to the experiences & opinions of others who have also been given the gift of an analytical mind, of which no one person can claim is exclusively his/hers.:bow:

just like bankrupt companies, ideas are recyclable too!:)

btw, the war was not the result of the crisis, as you mentioned, bcoz the war happened BEFORE the crisis, kc sabi mo "gyera para lutasin ang krisis"..:confused:

IT grad po ako. At tama ka, hindi lang dapat sa libro. Sa mahigit sampung taon kong pakikipagtalakayan sa ekonomiya-pulitika mas marami akong natutunan kesa libro.

Maraming tipo ng digmaan. Ang sinasabi kong digmaan ay ang digmang pananakop para lutasin ang krisis sa ekonomiya ng isang bansa. Halimbawa na lang ay over-production. Kapag nangyari ito sa isang bansa, ang kapital ay titigil dahil hindi nabibili ang produkto. Hindi umiikot ang pinansiya at kung gayo'y tumitigil ang usad ng ekonomiya. Recession ang tawag dito.

Ang produkto ngayon ay kailangan i-market sa ibang bansa. Pero kung ako ang bansang yun, bakit ko naman ibibigay sa iyo ang market ko? So kung superpower kang gaya ng US, digmain mo ang bansang yun. Sakupin mo. Gawin mo silang consumer na nakaasa sa finished product mo. Huwag mo silang hayaang umunlad, para manatili silang nakaasa sa iyo, sa teknolohiya mo, at sa produkto mo.

Ang gyera ay pabalatan mo ng economic aides, Loans, Humanitarian mission, human rights, at improvement of living standard.
...na lahat ay hindi totoo kundi pabalat lang. Habang sinasaid mo ang yaman ng kanilang bansa at lumulubog sila sa kahirapan. tawagin mong DEMOKRASYA ang inihahatid mo sa kanila.

Hahaha! Pulitikal na to. Mahirap talaga paghiwalayin ang eko at pol.:)

[superlanggam]

@ pagie & me_bee_da7

ok ang discussions nyo very informative thanks sa mga infos pareho po kayo may point.

[pagie]

January na, pero makitid pa rin ang job market. Sa tingin ko ay hindi naman magiging turning point ang pag-upo ni Obama sa Jan.20.

Ang yazaki (electronics) sa Cavite ay nagpapapasok na lang ng 3days/week at nag-aalok na rin ng early retirement.

Pero may ilang BPO dito sa Pinas na matibay, nag-expand pa... May mga urgent hiring gaya ng B&M at ng ilang company diyan sa MOA.

Services sa tingin ko ang tatagal sa recession.

[Dacs]

IT grad po ako. At tama ka, hindi lang dapat sa libro. Sa mahigit sampung taon kong pakikipagtalakayan sa ekonomiya-pulitika mas marami akong natutunan kesa libro.

Maraming tipo ng digmaan. Ang sinasabi kong digmaan ay ang digmang pananakop para lutasin ang krisis sa ekonomiya ng isang bansa. Halimbawa na lang ay over-production. Kapag nangyari ito sa isang bansa, ang kapital ay titigil dahil hindi nabibili ang produkto. Hindi umiikot ang pinansiya at kung gayo'y tumitigil ang usad ng ekonomiya. Recession ang tawag dito.

Ang produkto ngayon ay kailangan i-market sa ibang bansa. Pero kung ako ang bansang yun, bakit ko naman ibibigay sa iyo ang market ko? So kung superpower kang gaya ng US, digmain mo ang bansang yun. Sakupin mo. Gawin mo silang consumer na nakaasa sa finished product mo. Huwag mo silang hayaang umunlad, para manatili silang nakaasa sa iyo, sa teknolohiya mo, at sa produkto mo.

Ang gyera ay pabalatan mo ng economic aides, Loans, Humanitarian mission, human rights, at improvement of living standard.
...na lahat ay hindi totoo kundi pabalat lang. Habang sinasaid mo ang yaman ng kanilang bansa at lumulubog sila sa kahirapan. tawagin mong DEMOKRASYA ang inihahatid mo sa kanila.

Hahaha! Pulitikal na to. Mahirap talaga paghiwalayin ang eko at pol.:)
You couldn't have said it better *okay*

It's not in the best interests of the US if the third world countries like us start to become rich.

Come to think of it (in very simplistic terms), the total value of our wealth (natural resources and such) is in a way constant (we don't see our Earth expand, do we?). So kung yumayaman ang isa, may pagkukunan dapat yun. Enter the 1st world and the 3rd world countries. Mayaman sila at the expense ng kahirapan natin.

Kung yumaman tayo, magkakaroon ng shift ng yaman papunta sa atin, do you think those who are in power will allow that to happen?

We really cannot blame the US because after all, their policies will always be after their best interests, lahat naman ng bansa ganyan eh. It so happens na sila ang may kapangyarihan.

I doubt it would be different had the Philippines been a 1st world country.

[pagie]

uy nabuhay ka Dacs.:) parang tagal mo di nag-post ah.

Lupet ng explanation mo, maigsi pero malinaw. Yan mismo ang gusto ko sabihin. Tama ka, kahit Pilipinas ang nasa posisyon ng US ganun din ang mangyayari. Batas ng Kapitalismo yan eh.:)

[lolzipop]

uy nabuhay ka Dacs.:) parang tagal mo di nag-post ah.

Lupet ng explanation mo, maigsi pero malinaw. Yan mismo ang gusto ko sabihin. Tama ka, kahit Pilipinas ang nasa posisyon ng US ganun din ang mangyayari. Batas ng Kapitalismo yan eh.:)

So ano ba sa tingin mo ang kasagutan dito para wala nang maghihirap or wala nang magaganap na recession? Sosyalismo ba dapat ang sagot dito ms.pagie? Equal distribution of wealth ba dapat sa buong mundo? Inherent ba sa kapitalismo ang mayroong dapat magdusa?

[pagie]

So ano ba sa tingin mo ang kasagutan dito para wala nang maghihirap or wala nang magaganap na recession? Sosyalismo ba dapat ang sagot dito ms.pagie? Equal distribution of wealth ba dapat sa buong mundo? Inherent ba sa kapitalismo ang mayroong dapat magdusa?

Sa tingin ko oo. Pero hindi ganun kalawak ang alam ko sa bagay na yan, at masyadong debatable.. :)

[me_bee_da7]

as i see it, the US will be using government managed capitalism until such time that the economy will be back on course & then switch back to market capitalism..

[Dacs]

So ano ba sa tingin mo ang kasagutan dito para wala nang maghihirap or wala nang magaganap na recession? Sosyalismo ba dapat ang sagot dito ms.pagie? Equal distribution of wealth ba dapat sa buong mundo? Inherent ba sa kapitalismo ang mayroong dapat magdusa?
Here's my unsolicited answer.

I won't answer which is better since this is for another topic, but it's inherent in capitalism that there will always be a winner and a loser.

Parang stock market, may gainers, may losers. Parang investment, sometimes it works out, sometimes it does not.

[me_bee_da7]

So ano ba sa tingin mo ang kasagutan dito para wala nang maghihirap or wala nang magaganap na recession? Sosyalismo ba dapat ang sagot dito ms.pagie? Equal distribution of wealth ba dapat sa buong mundo? Inherent ba sa kapitalismo ang mayroong dapat magdusa?

if i may answer your query, i think Market Socialism could work.. failed businesses that have potential if bailed out by gov't are taken over by gov't but independently run by appointed managers to maximize profits at market prices for its products & the profits revert back to gov't & distributed to everybody as "social dividend".. this economic system would be an efficient, classless market society with a lower limit on income & thus no extreme poverty.

since no economic system is perfect, i guess one could adopt one economic system to correct a failed one & then produce a kind of mix that will work in time.. the US market capitalist system works but since people are just human & thus greedy so there is always the danger of abuse & mismanagement of wealth which then cause a crisis.

magdusa? ndi mo maiwasan yan kc sa capitalismo, everyone is free to make good of what they have in talent or money.. the consumer is king & if you can offer a product or service na papatok sa consumer then you succeed.. capitalism improves efficiency & people work harder kc meron kang inaasahan na mararating while socialism eh binibigay sayo ang needs mo pero hanggang dyan ka na lang unless kasali ka sa gov't which will inevitably form an upper class kahit na classless society dapat ang goal.. so kung ako ang tatanungin, sa capitalismo na ako whether market or managed.

[manok00]

http://www.gmanews.tv/story/143115/US-job-losses-to-persist-as-economy-spirals-downward

US job losses to persist as economy spirals downward
01/08/2009 | 06:47 AM


WASHINGTON — Americans probably suffered a net loss of 2.4 million jobs last year, with the pain likely to stretch well into 2009 and possibly beyond. The dire situation underscores the recession's toll on employers and workers and the difficulty President-elect Barack Obama will face in reviving the US economy.

Already the New Year has gotten off to a rough start, and more bad news is expected this week when the government releases data on weekly jobless claims and December unemployment.

Just days into 2009, data storage company EMC Corp., managed care provider Cigna Corp., aluminum producer Alcoa Inc. and computer products designer Logitech International were among those announcing big layoffs as companies scramble to cut costs even deeper. The flurry of layoffs suggest the employment picture will remain grim this year.

"Many companies have a bare-bones mentality. With labor being their biggest expense, you will see them continue to drop the ax on jobs," said Richard Yamarone, economist at Argus Research. "There is absolutely no reason to believe the economy is going to be creating jobs any time soon. There are just no reasons for companies to flick on the hiring switch."

A barometer on layoffs due out Thursday is expected to show that the number of newly laid off people signing up for state unemployment insurance last week rose to 540,000, up from 492,000 in the previous week, according to economists' projections.

The number of people continuing to draw jobless benefit is projected to stay near 4.5 million, demonstrating the troubles the unemployed are having in finding new jobs.

Electronic unemployment filing systems have crashed in at least three states in recent days amid a crush of newly jobless Americans seeking benefits.

On Wall Street, investors worried about the jobs outlook contributed to a sharp decline in stocks. The Dow Jones industrials lost 245 points to 8,769.70 Wednesday.

For all of 2008, employers likely slashed payrolls by at least 2.4 million. That's based on economists' forecasts for a net loss of 500,000 additional jobs in December, as well as the job losses already reported every month last year by the government. Some, however, think the number of jobs cut last month will be higher — around 600,000 or 700,000. The Labor Department will release that report Friday.

"We await Friday with trepidation," said Ian Shepherdson, chief US economist at High Frequency Economics.

If the conservative, 2.4 million estimate of payroll reductions for 2008 proves correct, it would mark the first annual job loss since the previous recession in 2001. It also would be the worst year of job losses since 1945, when employers slashed nearly 2.8 million jobs. Though the number of jobs in the United States has more than tripled since then, job losses of that magnitude would be sober testimony to the nation's economic woes.

With employers throttling back hiring, the unemployment rate is expected to jump from 6.7 percent in November to 7 percent in December, which would be the highest in 15 1/2 years. That figure also will be released Friday.

Vanishing jobs, tanking home values and shriveled investments have forced consumers to cut back sharply on their spending. In turn, businesses have retrenched as well.

Treasury Secretary Henry Paulson on Wednesday said the best option for the future of Fannie Mae and Freddie Mac, which have been under government control since September, could be to run the mortgage giants like public utilities. The new companies would be privately owned, but purchase and securitize mortgages with a credit guarantee backed by the federal government and governed by a rate-setting commission that would establish a targeted rate of return. Still, Congress and the Obama administration must decide the proper role government should play in supporting home ownership, he said.

Consumers and companies are folding under the negative forces of the collapsed housing market, a global credit crunch and the worst financial crisis since the 1930s. The recession, which started in December 2007, already is the longest in a quarter-century.

The expectation of more job losses ahead "will only perpetuate the vicious downward cycle propelling the economy," said Bernard Baumohl, chief global economic at the Economic Outlook Group.

"As the number of people without jobs accelerates, so will the retrenchment in households' spending. If consumers cut back more, business sales and earnings shrink further. The collapse in profit margins will force companies to carry out yet another round of layoffs, which only adds more momentum to the destructive cycle," Baumohl said. "Unfortunately, that's the scenario we see ahead."

Against that backdrop, some companies are realizing they need to cut costs more than they thought just a few months ago to cope with the carnage.

Alcoa's announcement earlier this week that it would lay off 13,500 workers marked yet another attempt for the Pittsburgh-based company to slim down. It had unveiled a series of cost-cutting measures in the fall.

Cessna Aircraft Co. in Wichita, Kansas, said this week it is planning a second round of layoffs as the sinking economy bites into orders for new planes. Textron Inc.'s Cessna last month issued a 60-day layoff notice to about 500 Wichita workers and another 165 workers in Bend, Oregon.

Obama is proposing a mammoth $775 billion package of tax cuts and government spending over two years to revive the moribund economy. With add-ons by lawmakers, the package could swell to $850 billion, his advisers say.

"By now we all know that we are facing a crisis in our economy, one that requires immediate and decisive action to spur the creation of new jobs," Obama said Wednesday.

Even with a big government stimulus, economists still believe the unemployment rate will keep climbing, hitting 8 or 10 percent by the end of this year. Obama's economic advisers estimate that a $850 billion recovery package would lower the jobless rate to about 7.4 percent and create 3.2 million jobs by the first quarter of 2011.

Obama, who takes over Jan. 20, said Wednesday his recovery plan would "save or create" 3 million jobs.

Despite a flurry of radical government relief efforts and the Fed last month slashing a key interest rate to an all-time low, Federal Reserve officials fear the economy will be stuck in a painful rut for some time.

"The economic outlook would remain weak for a time and the downside risks to economic activity would be substantial," according to a Fed document of its closed-door December meeting released Tuesday. In fact, some officials worried about the "distinct possibility of a prolonged contraction."

And, "amid the weaker outlook for economic activity over the next year, the unemployment rate was likely to rise significantly into 2010," the Fed warned. - AP

[clone19]

our company
during christmas party - 260++ total employees
now - 170++ total employees

[me_bee_da7]

many more retail companies are closng in the US which is connected to other markets so expect more lay-offs in other countries connected to the global market & services.. the US gov't will be focusing on american interests from now on until the US economy returns to normal & expect that things will change dramatically to keep US business hiring US workers instead of outsourcing.. Obama has said that he will give the US employer $3500 in tax rebate or such for every outsourced job he brings back to the US, that's a lot of money if you bring back thousands of outsourced jobs.. when you consider american patriotism injected to this, it will in all probability, work.

[bryanwizard]

wow recession na rin sa amin.. EMERSON retrence na huhu sa hong kong 90% ang tanggal sa Libis 6 na...

madami pa ata eh