I remembered having talks with people about the idea of opening up the economy. Others have their usual alibis not to open the country to foreign direct investment (FDI). Others mention that the Philippines isn't ready for FDI. Their reason? It's because of the typical Filipino spendthrift environment. Such a person would be like Benign0 of Get Real Philippines (GRP) . I really wonder why the administrators of GRP still allow idiotic comments (such as a certain Darth Moron the Wuss) to still flood their posts? Ever heard of the word MODERATE? Anyway, time to back to the topic. Benign0 ended up showing that he DOES NOT understand how FDI works at all ! Reading the article from CoRRECT Philippines (and I suggest you do) really shows the IGNORANCE of the idea that Filipinos must wait to be business savvy before opening up the economy! Let's consider the two economic legacies namely Lee Kuan Yew (left) and Deng Xiaoping (right). Do you know that Singapore and China were ONCE P...
Just another blog discussing facts and opinions concerning the Philippines