Sir Stephen, you hit it again in the bulls eye. For finance dummies like me, this is so far the most comprehensive and most easy to understand when it comes to why Maharlika is not a good investment at all - at least for the faithful taxpayers, who would fund this scam...este fund pala. Thank you so much for your valuable inputs.

@scuunjieng

Жыл бұрын

deeply appreciated

@allanis_the_great

Жыл бұрын

that's the problem with dummies like you. you get to be swayed by one opinion only. if you're so onboard with stephen, have you thought with his expertise, he can't offer himself to work for the government? what has he done to improve the country's financial state. just like monsod, all yakity-yak.

@wanderland1993

Жыл бұрын

NAKU! NAKAKADUROG NG PUSO! BBM PINAIYAK ANG MGA MAGSASAKA? kzread.info/dash/bejne/hmRlqttmoa7Leto.html&ab_channel=BisdakPilipinas

@jasonclementcentro1870

Жыл бұрын

@@won5422 NO.

"bahala na ang board" - yun yun eh, pano kung mag iinvest sa isang overvalued stock kasi barkada ng board member and mayari ng company, kahit losing na yung company? This has corruption written all over it.

@abrahamdsl

Жыл бұрын

hahaha parang Villar stocks lang at GSIS/SSS

Banker Cuunjieng is on point. What we need is a national development fund that utilizes its capacity for the development of our industries, not what will deprive them of borrowing facility.

@scuunjieng

Жыл бұрын

many thanks

@marvinbutong

8 ай бұрын

marcos on the move again to corrupt our money..... GG is called

Mr. Cuunjieng is a seasoned professional bankers that congress members who approved without thinking this Maharlika investment funds needed to be invited as their resource speaker , for them to be enlightened how risky or damaging this MIF to Banking industry and to the Philippines economy.

@scuunjieng

Жыл бұрын

many thanks

@grande6075

Жыл бұрын

Investing is a very risky especially nowaday where there are a lot of uncertainly in the political economic and other related matter. Good intention is not enought, there are a lot of factors to be consider.

@willm3633

Жыл бұрын

Those dabarkads legislators do not want to be enlightened by legitimate professionals coz their minds are illuminated by the ways of corruption.

@joshuaarnejo5622

Жыл бұрын

Mr. Gerardo Berdin, it's not the problem, the only problem is the history of misusing Philippine funds like stolen funds from the people during the late Ferdinand Marcos Sr administration in the 70s and the 80s, the Asian financial crisis in 1997, the disbursement acceleration program fund scandal of Janet Lim-Napoles in 2013, and the misuse of government fund that fuel corruption in our country. My family experienced have no income of 12,000 PHP per month for paying monthly electric and water bills plus the internet.😢 We don't know what "Maharlika Investment Fund" would do to our country, or ask a lawyer or economist about that, if not use mathematics to calculate the amount of funds, financial disclosure is very important to prevent unaccountability and loss of credibility, we have banks and a central bank they're working hard but smart, unfortunately the have the same financial issues. I don't know what you are commenting on but you should comment differently based on your opinions with facts in reality. Thank you!

many thanks for inviting me

@imsohandsome

Жыл бұрын

We need more people like you sir

@scuunjieng

Жыл бұрын

@@imsohandsomemany thanks

I hope the Fo0ls in the senate talk to this man so that In just 10-20 minutes they will realise how foolish really this Maharlika Fund is.

@scuunjieng

Жыл бұрын

Many thanks

@kkjwdfjopwekfjopcdsxzdfsdf3967

Жыл бұрын

As if they dont know that already but as long as it makes their pockets fatter they dont care

Great points, a thought provoking coversation for those in power. It’s high time to listen to the experts, and ponder to these criticisms. Mr. Cuunjieng never fails to show his candid pragmatic method of inquiry into this investment fund!

@scuunjieng

Жыл бұрын

Many thanks

@vlogcasterarmanddean8744

Жыл бұрын

😊

@meursault.1984

Жыл бұрын

@@scuunjieng funny thing is, you were optimistic with the Marcos admin when he won, despite all his and his family's history...

@scuunjieng

Жыл бұрын

@@meursault.1984 I was advocating he use his opportunity wisely. Watch it again. I still hope he does for all our sakes but was very clear I was supporting no one

@meursault.1984

Жыл бұрын

@@scuunjieng I never said you were supporting him, I just don't get why someone, especially a banker would be optimistic with him. Its like wishing gold out of thin air. As a banker, will you be optimistic to invest to a company who hasn't done anything?

To cut this short: maharlika fund = opportunity to make nakaw nakaw

I hope more like minded people like Sir Cuunijieng would share their knowledge and truth to our kababayans. Kawawa ang Pilipinas. Nakakalungkot na ang mga ginagawa ng mga buwaya sa atin. Put the interest of the people first before theirs (politicians).

@scuunjieng

Жыл бұрын

Many thanks

@jeciel85

Жыл бұрын

Tama. Kawawa ang Pinas dahil sa mga kurakot sa gobyerno.

Professor Cuunjieng - a global investment banker - stated all the defects of the MIF.

@scuunjieng

Жыл бұрын

Many thanks

@gramo63

Жыл бұрын

OTOH, private citizens should be allowed to invest in the Maharlika Fund. We Pinoys -- pooling our resources together -- can generate, perhaps 100 million pesos as additional capital for the Maharlika Fund. This will prove our full support -- do or die -- of PBBM's favorite development program.

In my opinion, it is crucial to have economists, lawyers, and other young professionals in the Senate when scrutinizing bills, rather than nepo babies, celebrities, or corrupt businessmen. Their expertise can help identify potential loopholes and irregularities in proposed legislation, ensuring a thorough evaluation. Sovereign wealth funds (SWFs) face various risks, including economic downturns, market volatility, and political instability. These factors can lead to losses and jeopardize the funds' ability to achieve their objectives I think that all bills should go through a period of public scrutiny before they are approved. This would allow the people to point out irregularities and malpractices. In addition, the SWF should be: transparent and accountable to the public managed by a team of experienced professionals with a proven track record of success subject to strict risk management procedures diversified across a range of asset classes aligned with the government's long-term development goals In my view, it would be beneficial for the government to invest more in the oil and gas industry, given that several Southeast Asian nations have experienced significant GDP growth through the export of these products. By investing in this sector, the government can potentially stimulate economic development, create job opportunities, and secure a reliable source of revenue.

@grande6075

Жыл бұрын

Our govt official cannot even eradicate corruption in the govt. and there a lot of wrongdoing of various intensity in all sector of our political invironment. I cannot see a strong patriotism on the way our govt official conduct their work. Too risky.

@scuunjieng

Жыл бұрын

many thanks

This guy is really an expert on his field. With his insights he should have been taken as a consultant on the MIF. Who shared knowledge to the senate on how to make this MIF? alam naman madaming matalino dun and their staff, pero lets not forget there are senators who only won cause of popularity

@aaronclaro153

Жыл бұрын

Majority of our lawmakers are big time !di0+s. They are allergic to facts and knowledge. Walang maaasahan sa mga tabogong lawmakers.

@scuunjieng

Жыл бұрын

Many thanks

@marygracemangubat348

Жыл бұрын

They did not win because of their popularity. nakalinya sila sa SD cards.

@leovylrivera1930

9 ай бұрын

Agree..

Exellent Cuunjeng Sir ang LINAW po ng paliwanag mo. Mabuhay ang Pilipinas, Makinig na sana lahat na Pulitiko dito, wag na kayong mag- apura mga pulirikong involve dito.

@scuunjieng

Жыл бұрын

many thanks

Mr. Cuunjieng is the best investment banker to explain these things. I immediately view it every time he is the guest in Market Edge or any show.

@scuunjieng

Жыл бұрын

many thanks

@joshuaarnejo5622

Жыл бұрын

I understand Mr. Cuunjieng's speech on economy and finance.

@scuunjieng

Жыл бұрын

@@joshuaarnejo5622 happy to read this

The experts have aired their thoughts. The Senators know nothing about economics, more so BBM. So, PLEASE!!!

Very insightful feedback!

@scuunjieng

Жыл бұрын

many thanks

Thank you Mr. Cuunjieng for sharing your insights. Good thing I did not have high expectations for this bill. Ngayon makikita natin kung may pakealam ba si bbm sa agri sector once the ball is in his hands

@scuunjieng

Жыл бұрын

many thanks

Honestly, you should have been the one interpolating Mark Villar during those senate hearings... Philippines need you @scuunjieng

@scuunjieng

Жыл бұрын

many thanks

@elladelacruz2597

Жыл бұрын

senate will never invite real talk intelligent resource person... di po sila makaka interpellate kahit tagalog ang magiging paliwanag ni Mr. Cuunjieng.

@scuunjieng

Жыл бұрын

@@elladelacruz2597 thanks

Thank you so much Mr. Cuunjieng for a very clear and honest explanation of the Maharlika fund. More power and God bless.

@scuunjieng

Жыл бұрын

Many thanks

This Maharlika is being offered just like the present networking business too good presentation, but not clearly explained how it would ensure higher ROI with lucrative salaries of board of directors appointed by the President. Bahala na ang board??? Bakit mag milagro ba ang board of directors???

@jedi10101

Жыл бұрын

"tiwala lang", "think positive", "wag puro contra", "give it a chance". yan mga linya ng mga pabor sa MIF. ganyan na ganyan din ang linya ng mga scammers.

@Willyjoeboy

Жыл бұрын

Hahaha! Natawa ako sa statement pero nakakalungkot kasi malabong malabo pa rin kung saan patungo itong MIF.

@gerardoberdin6036

Жыл бұрын

Tiwala such a lonely and most abused word, confidence, trust 😭😭😭😭 history, lesson learned made Filipinos cautious for obvious reasons. Trust issues!

@mannylugz5872

Жыл бұрын

​@@jedi10101 haha I heard it before so many times. One more: if it's too good to be true, then it's clearly not good.

The problem is that the Senators and Congressmen who wrote the law don't have 10% of Stevie's intellectual capacity. Governance is also equally important. Do you think this Fund can operate without political influence? No way. This is the Philippines!

@scuunjieng

Жыл бұрын

many thanks

If Mr. Cuunjieng calls MIF an "everything, everywhere all at once" affair, I call MIF a big joke formulated by jokesters pushed by a puppeteer.

Totally agree. Hope we have more like you.

@scuunjieng

Жыл бұрын

Many thanks

The lawmakers deliberating needs to improve the economic and financial literacy it sound they don't know what they are exactly doing.

@grande6075

Жыл бұрын

Most lawmaker are actually dont posses the necessary knowledge very obvious naman.

@imsohandsome

Жыл бұрын

@@grande6075 kung ang alam mo lang e mangampanya at makipaginuman sa mga kumpare mo sigurado wala ka talagang alam

@grande6075

Жыл бұрын

@@imsohandsome Obviously you said something about yourself. Same feather flock together no doubt about it. Given na yon,

While Mr. Cuunjieng is talking about the 4th point, I was imagining Filipinos being squeezed literally to fund this Maharlika fund.

Ginawa pa tong urgent bill. 😮. Yung mga dapat kailangang gawing urgent na kailangan ng tao di pinapansin.

Thank you for explaining MIF pitfalls and how it affects us

@scuunjieng

Жыл бұрын

many thanks

Great feedback by Stephen whose background as an investment banker makes him a good subject matter on funds management. We hope Mark Villar, the senator who sponsored this bill gets to watch this. Makes you wonder what finance secretary Diokno and NEDA secretary Balisacan were thinking when they found nothing wrong with this bill.

@scuunjieng

Жыл бұрын

Many thanks

@jerseyer5602

Жыл бұрын

The government officials you mentioned will never see and recognize anything that is wrong in the proposed bill because all they see is "m o n e y" and more " m o n e y " . . .

@reneserrano7542

Жыл бұрын

Mark villar the silent and his family is a sycophant of whoever sits in the palace by the stinking river, they are in politics to increase and protect their wealth, by means fair and foul.

very insightful prof! thank you. hopefully the filipinos become more aware of these matters

@scuunjieng

Жыл бұрын

many thanks

One of the best analysis of this “issue” I’ve seen so far.

@scuunjieng

Жыл бұрын

many thanks

I like this guy. I graduated engineering obviously I don't know these stuff but he explains it at least in a way I can relate. Though sometimes it gets too technical for me. What book can you recommend for beginners in Economics?

@scuunjieng

Жыл бұрын

Many thanks. Sorry not up date on Economics texts

Love listening to the Goat of banking and finance. Thanks again Stevie.

@scuunjieng

Жыл бұрын

Deeply appreciated

Well explained sir Stephen🤝🤝🤝 👍Purpose❌❌❌ 👍👍Funding(Source)❌❌❌ 🌟🌟🌟Implications of Provisions❌❌❌

@scuunjieng

Жыл бұрын

many thanks

Maharlika Fund.. a very problematic fund!!! but Congressmen and senators like like it very much!!!

that point with murder is f*cking brilliant.

@scuunjieng

Жыл бұрын

many thanks

@pushslice

Жыл бұрын

As was the point about the bill’s backers selling it on (paraphrasing) “inviting foreign investors into publicly-available investments” I’m glad I’m not the only one who thought how ridiculous that was . Why on earth would a savvy international investor go through the Maharlika fund , instead of just investing in something directly, on their own ?? This has the putrid stench of a Malacañang Boys Club slush-fund .

I was WAITING for your take on the bill. Makes me wonder if they would take you in as one of the directors.🧐

@scuunjieng

Жыл бұрын

thanks given my factual observations, don't expect them to and am not asking to be considered

The guys who kept insisting aside from pushing this bill do not have the interest anymore of the people. They instead have whims and caprices.

i think they are after the flexibility of the bill since it can take years to amend it, they just have to set it up and then see it from there

i wish there is a discussion via live television with panelist composing of those who are pushing the Mharlika fund vs those who have issues against it.

Excellent analysis by Mr. Cuunjieng. 👍🏼👏

@scuunjieng

Жыл бұрын

many thanks

@lemnikim7388

Жыл бұрын

@@scuunjieng , you’re most welcome sir! Watching from Southern California.

Well said.... wish govt escplly congress n senate hear this.

@scuunjieng

Жыл бұрын

many thanks

Just brilliant. Wow.

@scuunjieng

Жыл бұрын

Many thanks

Love the bluntness of Mr Cuunjieng

Malabo ang MIF. No to that bill!

Hehe it appears that the things that stuck out to me were also noticed by Stephen. None of the lawmakers trying to ram this bill through both houses can even identify projects/programs/etc that the fund will be used for, something which one doesn't need to be a banker or businessman, or even be in finance to find disturbing. Despite that, they still want to yank and then isolate insane amounts of money that would otherwise be helping sustain our economy by simply circulating in it, and they want to do this right when that economy is in a state of badly needed recovery, only made worse at least ten times over by what he explained as the overall impact it would have on the capacity of the banks to participate, also in that very same economy. At this rate, we may as well call it the Bahala Na Si Batman Fund, as what it's shaping up to be. It sure looks like even Stephen would hate being right if or when we end up as the dog that caught the car 😅

@scuunjieng

Жыл бұрын

many thanks

@Willyjoeboy

Жыл бұрын

BNSBF( bahala na si batman fund) magandang pakinggan!

Imagine leveraging that much 50B but only having 5B in customer's money if you lost money of a considerable amount in markets you'd wipe out.😅 I wouldn't use those banks espally with actual good banks across the world getting wiped out in markets 😅

If set up correctly, this will make the 2 banks a quasi-investment bank. In essence, Maharlika will be the bank's quasi-trading division; hence earns fees or commissions based on Maharlika's market performance. Many investment banks are divided into three divisions, based on the services provided and the employees' responsibilities: Here, the banks will only need to set up the Middle Office Division. It will include compliance with government regulations and restrictions for capital flows. These are the people who watch the money coming into and going out of the bank, helping to determine the amount of liquidity it needs to keep on hand so that it won't get into financial trouble. The team in charge of capital flows can use that information to restrict trades by reducing the buying and trading power of Maharlika. So you see, if set up this way commercial banks can now participate in specific investing activities and they remain economically viable, and they will always have enough liquidity to honor their deposits.

@redfullmoon

Жыл бұрын

But this isn't just involving commercial banks who only have fiduciary responsibility to a set bumber of investors, this also involves the money of Filipino taxpayers and money available sana available for other development activities to be invested at the discretion of what would most likely look like a politically appointed board and going into investments not necessarily with good returns but favoring political cronies. If you've ever sat in a GOCC board meeting you will quickly realize it's full of political campaign donors trying to get their ROI on election campaign donations.

We really need a longer time slot for Steevie. 15 MINUTES IS NOT ENOUGH!

@scuunjieng

Жыл бұрын

many thanks

Well said, God bless you Sir.

@scuunjieng

Жыл бұрын

many thanks

On the 75 Billion to be put in by land bank and DBP, I would tend to agree with Mr Stephen except that the 75 Billion will not come from equity. It will actually come from the investible funds of both banks. So the leverage capacity will not be affected.

@scuunjieng

Жыл бұрын

Source of funds is different from accounting treatment.

Thank you very much for this video

Kudos to Mr. Cuunjieng❤❤❤

@scuunjieng

Жыл бұрын

many thanks

😢

On BSP contribution, it is in the law that when an emergency arises, the monetary board can postpone its contribution to the Maharlika fund. Second, the new BSP charter (RA 7653) has given new tools (ie ability to issue bonds) to the BSP to mitigate any emergency the country might face.

What a wonderful insights

@scuunjieng

Жыл бұрын

many thanks

Thats a lot of money. Those behind in Maharlika Hyip only sees kaching! Going to their bank accounts. In short: pandarambong is the real purpose of this scheme.

CORRECT. A MOST STUPID THING! TAKE THIS……WHY NOT LET THE OLIGARCH “ PATAK -PATAK” WHY USE PUBLIC FUNDS. ? MANAGE IT WITH STUPID DIRECTORS APPOINTED BY POLITICIANS. FORGET IT. PAPATAYIN TAYO ULIT. NG MGA ITO. BAKIT PILIT NG PILIY ? PERA NG OLIGARCH GAMITIN NYO. ‘PATAK PATAK, “. SILA. BAKIT PUBLIC FUNDS GAGAMIYIN NYO ? THE BUSINESS CASE IS SO WEAK PARANG , WALANG ALAM.SA UMPISA PA LANG . REMEMBER THEY WANT TO USE PENSION FUNDS OFSSS AND GSIS, HOW CRUEL .TAYA KAMI ,TAO ? KAYO BAKIT AYAW NYO TUMAYA. THE INITIAL HEARING WAS A COMEDY. SEN. ESCUDERO WAS RUNNING RINGS AROUND THE PROPONENTS. WHO HAD DIFFICULTY DEFINING A SOVERIEGNING FUND … DOLPHY WOULD BE PUT TO SHAME. THE MAN STEPHEN IS WISE.THANKS SIR. SO MUCH LIGHT. 500BILLION DOLLARS

@scuunjieng

Жыл бұрын

Many thanks

I read the strongly worded paper. The strength of its words does not matter if it fails to attack the validity of the bill at face value. It raised so many non-issues that can be resolved by revising guidelines, clarifying matters in the IRR, and applying the most basic rule in statutory construction - read and construe the bill in its entirety. Further, they are publishing something very too late in the day. At the 11th hour, when the bill is just awaiting the signature of the President, here they are raising an objection, which is strategically asinine. They could have aired their objections during the deliberations in the Senate and House, not in social media, or at least wrote letters to the legislators. Even a simple e-mail does the trick. The most and only respectable objection to MIF is that of Sen Chiz Escudero - whether or not the creation of MIC passed the test of economic viability as required by the Constitution.

@joellicup6557

Жыл бұрын

There have been calls, both in social media and government, to not proceed with the Maharlika bill since it was first floated in the House. Several business groups also raised alarm over it. It was effective in removing the pension funds from the initial capitalization of the fund. The paper echoes these concerns and I do believe it is still valuable given that the colleagues of UPSE are the DOF Sec. and BSP Gov. Even former BSP Dep. Gov Diwa Guiguindo warned about the funding of Maharlika.

I hope we can translate this into our local language which is tagalog so it can reach more poeple to understand, majority ng sumusuporta kay BBM ay masa at loyalista in short sunod lang sa agos.

@scuunjieng

Жыл бұрын

Many thanks

A way to legalize corruption... It is basically the family's trust fund... we all knew this would happen one way or the other...

Stephen is one cool cat..I hope the Senate is listening. We shouldnt be exposing DBP and Land Bank this way..the fund is too big an they should be just using excess funds from specific government owned and controlled corporation that can afford it. We should start small and grow it.

@scuunjieng

Жыл бұрын

Many thanks

It's everything everywhere to nowhere😢

Love the catchy and compelling way Mr. Cuuenjieng's distills his thoughts on the Maharlika Investment Fund: "An 'everything, everywhere all at once' fund." I wonder if the schizophrenic way the fund was conceptualized symptomatic of the lack of input from technocrats prior to the president's approval. Or is it a case of the will of politicians, who have superficial knowledge of how sovereign wealth funds work, prevailing over the advice of the experts? I won't be surprised if it is the latter given that many politicos, especially those who come from "dynasties" and have been around for ages, are prone to one corrosive effect of hubris: they believe they are experts on everything, everywhere all at once.

Thank you for sharing your knowledge. Kaya mali MIF.🙏🇵🇭🇰🇼👼

@scuunjieng

Жыл бұрын

many thanks

PBBM must include in his State of the Nation Address the status of the Fund.

Thank you Stephen !

@scuunjieng

Жыл бұрын

Many thanks

The Philippine government badly need your wisdom and guidance. PBBM must tap your expertise. The country needs you.

Nkala distract yung keyboard!!

Sir, is it just proper for the government to sell bonds to finance this project

@scuunjieng

Жыл бұрын

Other sovereign and national development funds have issued their own bonds

You’re the best … !

@scuunjieng

Жыл бұрын

Many thanks

we are in the "bahala na kayo diyan" phase. all the red flags are up and yet here we are.

ONCE AGAIN, GOAT.

@scuunjieng

Жыл бұрын

many thanks

Chopsuey bill in short...a marathon bill🤭

0:17 - Ma'am the principle of economics and finance incolves the use of natural resources not only in the Philippines but around the world, overconsumption, massive waste, misuse of monetary resources could violate the principles of economics and finance too, also would have an impact or damages to the Earth's natural ecosystem and economic balance.

11:30 "You can never legislate safeguards." - Stephen Cuunjieng You got is sooooo right! That's presidential system for us! Winner-take-all electoral victories leading to very weak (an almost no) opposition. Just look at how easy it was for the Maharlika Fund to be approved. You're right, safeguards simply don't work. "Mema" lang yang sinasabi na "may safeguards naman na nilagay!" Just look at the anti-dynasty provision in our constitution--It's trash. That's an example of safeguard that never worked. We cannot even depend of COA or Ombudsman for checks and balances if, first and foremost, they are appointees of the Administration. What we need is a system that empowers opposition by utilizing candidates who lost elections. Pero nangyayari lang yan sa Parliamentary Systems. Where losing parties are still members of the parliament who can form coalitions to become shadow government to police the elected governments every move. That's the powerful safeguard we need. System matters and fixing systems affects and changes behaviors.

I guess they leave it that vague so they can simply.. say we lost in anywhere that is convenient.. you see if they specify people would be able to review performance and flag irregularities

Sir Stevie explains it so clearly! Sana ganito mga leaders na ma-appoint, hindi puro corrupt...The Maharlika Fund seems like a SCAM talaga!

@scuunjieng

Жыл бұрын

Many thanks

The journalist needs to move the mic so it doesn’t pick up her typing

San nila invest? Sa wall street? Bumabagsak na nga most of the bank in US... Under performance pa ang dollar sa mundo tapos mag foreign invest pa tyo! Bakit hindi nationalize ang malampaya?! Yan sovereign wealth Sana natin yan 100bilion/day revenue nyan binigay lang kay Razon!

i won't wonder pensioners withdrawing from LBP their money; transfer to private/ invest. i personally stopped my savings at LBP and PagIBIG

worry ko currency risk

Ur right

First thing to ask when UP is mentioned: is it based on politics (emotions/victimhood/fake oppression) or logic?

A Car Without A Spare Tire, Travelling Toward Unchartered Roads 😂😂😂😂😂

True and Agree!👍

@scuunjieng

Жыл бұрын

Many thanks

The Senators and Tongressmen who voted for it should go for a seminar under your care. What these people are after are their commissions, Crocs is the best term for these Senatongs and Tongressmen.

@davinavillafuerte6612

Жыл бұрын

Senatongs and Tongressmen, listen to Mr. Cuunjieng! Wag magmatalino dahil nahahalata ang kabobohan at pagkagahaman nyo. @Villar and all senators, Tongressmen who voted for it.

@davinavillafuerte6612

Жыл бұрын

Mr. President, wag mo namang nakawin ang pera namin. Wala ka na nga maitulong aagawin mo pa samin. Bayaran mo ung 203 B na tax mo at yan gamitin mo, LULANG!

hes 100 right about the potential pitfalls and red flags

There is a bigger chance for the maharlika fund investment to fail than to succeed. Corruption, mismanagement of funds, unforeseen events can easily make this project fail. But when it fails, only the poor section and middle class will be affected. The rich wont be affected that much at all. So i guess its a risk THEY are willing to take cause it doesnt affect them as much.... sigh. Who will care for the welfare of the masses when the ones above dont care

Anyone who approved MIF, should listen to him first.

@scuunjieng

Жыл бұрын

Many thanks

Singilin ng bir ang 203 bilyon excise tax ng mga marcos.iyon gawing puhunan.

@jenc.216

Жыл бұрын

Yun the best yun kasi wala tayong isusugal dun. Malugi man atlis hindi mababawasan ng pondo ang mga bangko ng pamahalaan at mga goccs.

Just wondering why maharlikas possibility of being front for money laundering is never discussed.?

Sana maka debate mo sir si robin hood padilla tungkol sa fund scam kung ano isasagot sa iyo, bka I Move lang hehehe

I will be withdrawing all my money from Landbank as a form of protest.

Contradictions and conflicts of interest. Hmmmm..........

kaya pala pinagpipilitan ni Dioqui....imerge ang Landbank at DBP....may sinister plot pala sila.

WE'RE TOAST. 😵😵😵

@edwardguerrero2648

Жыл бұрын

Toasted na as n toasted na toasted na siopao.

Pagnanakaw na ginawang legal🤬

Uhmm sss philhealth daming curroption? 😂

The comments has meat. MIF should be refined, defined further....

@scuunjieng

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many thanks

The Philippines 1MDB.