thank you again to ANC and Mimi for inviting me and Happy Holidays to our kind viewers whose interest is deeply appreciated

@scuunjieng

Жыл бұрын

I meant 3-5X more productive

@peterungson809

Жыл бұрын

We do appreciate your forthcoming views on things. Your wide knowledge & actual experience in the real world benefits all. Thank you so much for your inputs. Merry Christmas & stay safe as always.

@scuunjieng

Жыл бұрын

@@peterungson809 many thanks

@peterungson809

Жыл бұрын

@@scuunjieng Truly a privilege to hear from someone who is not involved in politics or has to be careful because of possible retribution. I'm a member of Brother Bo Sanchez wealth club & we too get some insights from Edward Lee of COL Financial. Hope to one day meet you in person Sir. Happy Holidays

@scuunjieng

Жыл бұрын

@@peterungson809 many thanks

In the name of public service, ANC management please find a way to accommodate Sir Cuunjieng for at least 1 hour of airtime once a month I think that’s not too much to ask and give your viewers what they want. Listening to him is so worth it.

@scuunjieng

Жыл бұрын

many thanks for the kind words

@litratistangadventurista308

Жыл бұрын

Exactly.

@scuunjieng

Жыл бұрын

@@litratistangadventurista308 many thanks

Always not enough time, we need at least 1 hour discussions with Sir Stephen! His thoughts and insights are always good nourishment for the mind.

@scuunjieng

Жыл бұрын

Many thanks

"I don't think I have the patience to be in government." -- This made my day. :) Please make Stephen as your regular guest in ANC. I like his thought process.

@scuunjieng

Жыл бұрын

Many thanks

Best explainer on the Maharlika Fund and our demographic dividend delusion. Thanks Sir @scuunjieng and ANC. Sound and pragmatic analysis.

@scuunjieng

Жыл бұрын

many thanks

This guy Cuunjeng explains it so well. That's the kind who deservedly called "Prof"!

@scuunjieng

Жыл бұрын

Many thanks

Been waiting for this since the start of the week. I just hope that our lawmakers and cabinet officials are taking notes from this. We almost have no reason to fail when have good sources of knowledge like this.

@scuunjieng

Жыл бұрын

Many thanks

@rap3208

Жыл бұрын

Probably most of those making noise haven't really done their research andstudied the pros and cons of a sovereign fund. They only have a superficial or surface knowledge of it.

A person with legit knowledge and perhaps experience and expertise in investment aspect. High caliber guest speaker.

@scuunjieng

Жыл бұрын

Many thanks

@whoisperfect_no1.381

Жыл бұрын

Most of our Current Policy Makers are bunch of know it all. If I was PBBM, I would hire this person " Name your Price Approach for the sake of Pilipinos...

The most lucid, thoughtful, and contextualized analysis on the matter thus far. Always a pleasure listening to your insights.

@scuunjieng

Жыл бұрын

Many thanks

Market Edge, thank you for guesting an expert about these funds! I wish he can go to congress and lecture those intelligent guys(romualdez, marcos,salceda) who are authoring this- their fund from contributions of working pinoys!

@scuunjieng

Жыл бұрын

many thanks

When anti gov't and pro gov't present their own agenda, there is Cuunjieng in the middle. Even a person who is not versed in Law can understand his explanation. He always has a balanced viewpoint on every topic.

@scuunjieng

Жыл бұрын

I try my best to be fact and logic driven rather than personality based or tribal. Happy you appreciate that.

Thanks to Stephen for sharing his expertise on this issue. I always look forward to watching this program every month.

Stephen's view is like a buffet of knowledge. It is delish. Thank you!

@scuunjieng

Жыл бұрын

deeply appreciated

I look up to this guy. Always analytic, truthful and pragmatic.

@scuunjieng

Жыл бұрын

many thanks

@kyletorres202

Жыл бұрын

@@scuunjieng good evening sir,i just hope that you still have the enthusiasm in dealing what the present admin will give for 6 years.stay safe po

Happy Holidays & Best Wishes to the Cu-unjieng & del Rosario Families! 🎄🌎✌👌🇵🇭🇺🇳 Tony was a guiding light in the WEC.

@scuunjieng

Жыл бұрын

many thanks

Always love watching and listening to Mr. Cuunjieng. Effortlessly insightful

@scuunjieng

Жыл бұрын

Many thanks

How I wish we had leaders like Stevie.

@scuunjieng

Жыл бұрын

Many thanks

Amazing person Mr. Cuonjeng reliable and explained very well. We need more time for him. We are looking forward to hear from you Sir Stephen.

@scuunjieng

Жыл бұрын

many thanks

Awesome explanation. It shows that we still have to learn. These are infos that are not easy to understand, but Stephen explains it as easy as eating peanuts. This issue is really complicated , and we need to expand our knowledge about economic development and investment.

@scuunjieng

Жыл бұрын

Many thanks

So informative and so good to listen to him - simple, experience--based, data-based. And such an amiable fellow. More power and blessings Stephen.

@scuunjieng

Жыл бұрын

Many thanks

Always always never enough time with Stevie😉. Please ANC, we need his expertise… give him more time🤗.

@scuunjieng

Жыл бұрын

Many thanks

Analytical, articulate and accurate - Prof. Stephen Cuunjing for us.

@scuunjieng

Жыл бұрын

many thanks

Thank you for enlightening the viewers. Aside from TP, you are one of the educators I am listening to.

@scuunjieng

Жыл бұрын

Many thanks

We need more like him. Enjoyed your talk.

@scuunjieng

Жыл бұрын

Many thanks

This is something for me. What else but a true learning from a brilliant mind. Thank you ANC.

@scuunjieng

Жыл бұрын

many thanks

It's very simple and straightforward. Pros for corrupt greedy government officials. 🤑 Cons for the common ordinary average citizens. 😩

Consider these: (1) The fund was proposed by three lawmakers related to Marcos Jnr - his cousin, House Speaker Ferdinand Martin Romualdez, his cousin’s wife Yedda Marie Romualdez, and his eldest son Ferdinand “Sandro” Alexander Marcos. (2) There is a very particular section in the legislation that barred lower courts from stopping the fund’s investments, leaving that power only to the Supreme Court and the Court of Appeals. (3) What can stop Marcos from injecting his ill-gotten wealth by participating in the Maharlika [Fund]? Is there a possibility that this proposed fund serves as a money-laundering channel? (4) Under the bill, which would create the Maharlika Investments Corporation, its board would have the power to “approve the issuance of debt and debt-like instruments”. No restriction is imposed on who the buyers are. That's right, anybody could be a buyer, including you know who? (5) What would the Maharlika fund be able to do that the SSS, GSIS, DBP, and LB are not already doing? However, such a fund is not risk-free, and it boils down to how good the fund manager is. It could also fail if transparency, controls, checks, and balances are not established. Stevie Cunjieng has the knowledge to stem the tide of the toxic Filipino culture of corruption. Mimi on your question, "Can the government afford Stevie Cuunjieng?" Maybe not, so let's crowd-fund Stevie and bring him up front and center. 🎯🎯🎯

@scuunjieng

Жыл бұрын

Many thanks but I don’t think I am best suited to govt work

@Davao420

Жыл бұрын

angaw nga niya eh, and he is honest enough to say that this is a specific field of expertise, kaya doubtful siya na may taong qualified to manage this.

very insightful. a big thanks Stephen for sharing!

@scuunjieng

Жыл бұрын

Many thanks

I totally agree with your guest. Am afraid the proposed fund will just fund the extravagant compensation of so-called experts who will managed the proposed fund.

@scuunjieng

Жыл бұрын

Many thanks

Here we go again! Another knowledge learnt from @scuunjieng. Thank you for sharing your wisdom once again. May you have a Merry Christmas and a Happy New Year Stephen! See you on 2023.

@scuunjieng

Жыл бұрын

many thanks and same to you!

I have been waiting for Stephen's view on this. Thanks!

@scuunjieng

Жыл бұрын

Many thanks

Ive been waiting for this! Happy holidays!

@scuunjieng

Жыл бұрын

Many thanks and same to you

thanks sir steve and ANC.

@scuunjieng

Жыл бұрын

Many thanks

May I recommend to ANC...advise Cong. Sandro to widraw the interest of Marcos GOLD Bars for his fund to his propose Project...Thank You ANC

@farrahlagasca5817

Жыл бұрын

True they should do that as some people are hoping for.

@cesvialpando212

Жыл бұрын

Kapal! Makikinabang Kakampwets pero sisiraan.

I love listening to Stephen

@scuunjieng

Жыл бұрын

Many thanks

Happy Holidays Stevie! 🎉 Thank you for the insights

@scuunjieng

Жыл бұрын

Many thanks and same to you

Stephen is the only guy who understands better the grim picture of the Ph. I hope he can be the next President!

@scuunjieng

Жыл бұрын

thanks

I'm afraid sir Stephen Cuunjieng is restricted by the air time. I do know he has a lot more to say and I know that there's a lot of people that wanna hear what he has to say. We need him to vlog!!!

@scuunjieng

Жыл бұрын

Many thanks but given what else I do this is all I have time for

I love the real talk about every month with steve

@scuunjieng

Жыл бұрын

Many thanks

Simple yet clear!

@scuunjieng

Жыл бұрын

Many thanks

Give this guy a television show.

@scuunjieng

Жыл бұрын

Thanks but no time for that

@odetteabaya6807

Жыл бұрын

I bet, he would be losing so much money! this is a positive comment not a nega one

Very informative and pragmatic.

@scuunjieng

Жыл бұрын

thanks

Well explained 👏

@scuunjieng

Жыл бұрын

many thanks

Thank you for the information

@scuunjieng

Жыл бұрын

Many thanks

If this government failed to restore the robust national economy then the more it's not deserving to set up a Centralized Government entities like Maharlika Sovereign wealth funds.

@benbarnis449

Жыл бұрын

Maharliks nga problema don't simplify a complex problems.wete not even a graduate of economocs to ha better understanding

Kung 'umay ' ka na sa interviews ng mga local and foreign economists, this guy gives a different angle on those economic issues

@scuunjieng

Жыл бұрын

Many thanks

ayus din ang mga ganitong talakayan sir masasakyan ko dahil lagi kong naririnig sa mga balita

Well and clear discussions, very nice idea Sir Stevy.

@scuunjieng

Жыл бұрын

Many thanks

The President doesn't seem to know but just a spokesperson for goals - broad as they are, difficult to fathom. Does he know what is needed and the risks involved? Good explanation fr Stephen!

@scuunjieng

Жыл бұрын

Many thanks

Hello sir and mimi merry Christmas to all and blessed new year favor and grace from God

@scuunjieng

Жыл бұрын

Many thanks

Awesome info.

@scuunjieng

Жыл бұрын

many thanks

Refreshing insights...first time hearing him 👌

@scuunjieng

Жыл бұрын

Many thanks

I nominate Stevie Cuunjieng to manage this sovereign wealth fund. In the Philippines where political corruption is a problem, wealth funds can be used as a slush fund for nepotism by awarding loans and equity investments, and high-fee management contracts to allies and family. More blatantly, flat embezzlement of sovereign wealth for the personal use of corrupt leaders who control the funds, often not revealed until long after it happens, is not uncommon. Stevie Cuunjieng is more than qualified to stem the tide of corruption and make us all rich and prosperous. 💰💰💰

@scuunjieng

Жыл бұрын

Many thanks

@Davao420

Жыл бұрын

ayaw nga niya eh

Ganito na lang, lahat ng politiko sa Pinas. Bawasan ng ten percent yung salary. Yung author at co author ng bill twenty percent. Tapos yun gamitin nilang start funds. Gawin nila sa buong term nila. Sigurado babantayan nila yan. After ten years saka nila invite mga pension fund .

great insights as always!

@richardcruz7689

Жыл бұрын

did i just hear "Stephen-omics"--- hahaa thats so spot on...

@scuunjieng

Жыл бұрын

Many thanks

Well explained! 🤩

@scuunjieng

Жыл бұрын

Many thanks

I only come to this show for Stevie

@scuunjieng

Жыл бұрын

Many thanks

man, i love this dude!

@scuunjieng

Жыл бұрын

Many thanks

THANK YOU SO MUCH! THIS IS A CONVERSATION THAT EVERYONE INVOLVED IN THIS "MAHARLIKA" OR SOVERIEGN FUND SHOULD LISTEN TO! SUSMARYOSEP! TALAGA! ANG PINAKA MATINDING POINTS TO CONSIDER AY TINALAKAY NYA SA MATINONG PAG SUSURI AT PAG SASALITA NG KATOTOHANAN! A SOBER, INTELLIGENT & HONEST LOOK!! GOD BLESS PO SIR! MAY GODLY WISDOM LIGHT & GUIDE OUR GOVT! GOD BLESS YOU BOTH! YOU HAVE DONE GREAT SERVICE TO EDUCATE THE PUBLIC.

@scuunjieng

Жыл бұрын

Many thanks

@graceantonio3573

Жыл бұрын

@@scuunjieng Dear sir, allow me to give you my sincere apology, I made a mistake about your name. I typed Guusingfiao po, its CUUNJING PO PALA. I APOLOGIZE PO. THANK YOU. GOD BLESS YOU FOR YOU HAVE EDUCATED ME & AM SURE SO TOO THE PUBLIC VIEWERS, YOUR TALKING POINTS WERE SO ON POINT. MABUHAY PO AT MARAMING SALAMAT!

@scuunjieng

Жыл бұрын

@@graceantonio3573 no worries

Always a insightful perspective to watch. Galing po!

@scuunjieng

Жыл бұрын

Many thanks

THIS IS NOT THE BEST OF TIME TO RISK PEOPLE'S MONEY. On-going pandemic. War. Climate change. Geopolitical tensions. Food shortages. Shore up local resources first, remove deficit spending, and fight corruption. Then we'll go invest our surplus funds, if any.

Great interview. There should also be a tagalog version of this so that more can understand. The points made about the demographic nightmare is true. Too much Filipinos with very low productivity domestically

@scuunjieng

Жыл бұрын

Many thanks

too good to be true yang proposal nina salceda...sweet talks as if investing is as smooth as butter.

Very good observation Sir

@scuunjieng

10 ай бұрын

Thanks

Philippine labor law is not friendly to manufacturers and also the energy is not stable.

You’re very right Stephen!

@scuunjieng

Жыл бұрын

Many thanks

Brilliant perspective

@scuunjieng

Жыл бұрын

Many thanks

@scuunjieng

Жыл бұрын

Many thanks

As always, kulang! I don't always agree with him, but his opinion is always valuable.

@scuunjieng

Жыл бұрын

thanks

Mining company why taxes is very low Its time for the country to be benefitted by increasing its taxes to raise more funds. Natural resources are dwindling with very low government revenues. Seemingly no one from our lawmakers touching this issue?

We are babes in the woods on this and they want the bill to be approved in 2-3 weeks! Risk management please and tell the story of losses and gains!

Another good point to ponder

@scuunjieng

Жыл бұрын

many thanks

A very creative way of saying no to MWF for now.

By the way Stephen explained it Maharlika is likely to fail if we just follow the whims of the current government.

Sir Steve, government must first add more renewable energy sources, to bring down the cost of power. No manufacturing can survive otherwise

If only Sandro Marcos and Romualdez were listening to this, the they wouldnt have to embarrass themselves for their ignorance

Maybe there is some politics sportmanship going on. Shoot big so that the negotiations can dwindle it down but ultimately it can pass through when everyone is happy.

The point here is just invest domestic first. Take care of your own backyard. The government is not serious. They should have consulted experts like Mr. Cuunjieng. Also, there are international investment banks. Our government is good at redundant agencies....

@scuunjieng

Жыл бұрын

Thanks

Very interesting insight about demographic dividend. In Canada the government is proposing a 500k invitation for immigrants. Not counting the people who were here already this proposal will add workers and taxation that will add to the system. Because of the strenous cost living and competition here they may decide to stay or leave the country whereas in the Philippines the government itself pushes its citizen to migrate. So where will be the pension fund coming.

The Philippines has badly managed the funds it has. We now want to give more money for them to manage? I would rather see the efforts of this gov go to restricting power of gov officials rather than expanding.

Very complex thing but the authors are in a hurry to have it approved. Listen to experts n establishing a fund like this should be studied very well. Ang galing ni sir stephen. After listening to him, it would now appear that the authors of the bjll are short of knowkedge of tge who, the when n thd what of setting up such kind of a fund. Magaral muna sila.

@scuunjieng

Жыл бұрын

many thanks

how about the Marcoses and the Romualdezes bring back the ill-gotten wealth or the back-taxes they owe the government and put this into either this asset management fund or a sovereign wealth fund, that may even be a good starter

did Marcos jr ever run an investment fund? can someone dig out his portfolio performance

Ang mkikinabang po nyan ay cronnies at law makers, dahil un fund pwede i pondo sa private groups kung saan un mga corporation at politician business ipapasok yan, so mkatuwid instead na umutang ito mga ulupong na private group sa bank eh di gagamitin nila un pondo ng pobreng mangagawa para sa knila business na wlang risk, dahil ang risk ay nsa pesnsioners wla dun sa humahawak ng pera. parang c Dennis uy lang ulit ito ,na unli utang then pag di nkabayad ang guarantor gobyerno

@alflo4625

Жыл бұрын

Yan ba nakalagay sa bill?

@joeymanny

Жыл бұрын

@@alflo4625 not specifically sa bill but ang ilalagay sa Bill ay to be handled by the CHairman of the board which is Si Marcos Jr. and his Board of directors which is kahit cno pwede maupo lalu na kung ka aalyado. Di yan nlalayo sa mga govt corrupt projects, i award ang prject sa isang contractor na supporter ng admin. ganun din ito un wealth fun i invest sa mga investment ng kaalyado sa private, sa tingin m i invest ba ni MArcos Jr yan kay Cojuangco, Aquino, or Roxas family business hindi. Weather weather sa politika, un form of corruption binabago na

@joeymanny

Жыл бұрын

@@alflo4625 ang advantage tlga nito is un hahawak ng pera, ksi i invest un pera sa isa proiyekto ng private so un private wla sya uutangin bagkus gagamitin nya un pera as equity so may share na dito un wealth fund kaso wla mgagawa ang pesnioners kung magkno ang % nila dahil controlled by the investor yan, so kung malugi ang proyekto wlang pnanagutan ang Maharlika bagkus ang mag babayd ng nalugi pera ay tax payers

Good data

@scuunjieng

Жыл бұрын

Many thanks

Why are we even listening to a director of Phoenix which deferred from div payment twice?

its about time to be above than the rest, bakit sila lang? Make the Philippines Great! to Sovereignty it is!

Give this guy an hour. Cut the time of other guests.

@scuunjieng

10 ай бұрын

Thanks

All they want sadly is how to fill in their own pockets out from the people's money (for more rooms of corruptions)

But Norway is far more different from the Philippines and for us to take high risk now. Economic managers pioneered M I Fund? Tell names Ms Quimbo.

INVEST IN FIRMS contributing to building machine tools! I can't even buy a Laguna-made CNC spindle servo motor, or milling tools made and distributed locally. Never mind PCB pick and place machines. Of MSWF, I'm expecting the "local firms" they'll dump money into instead to be inefficient cronies, and/or people to whom this bunch of 'leaders' owe public office.

I wonder if Salceda know these technicals?

its so Sad Philippines declined the Birth Control law because they said its Prohibited in Christianity. . . We still base our law on Religion in 2022. . . its so PRIMITIVE.

@scuunjieng

Жыл бұрын

many thanks

LEARNING😁😁

@scuunjieng

Жыл бұрын

Many thanks

They'll most probably just invest it in quick rich/poor schemes like cryptos thinking bad things will never happen. It's better to invest in good fund manager like Michael Pento but I don't know if he will accept sovereign wealth funds. But frankly I think it's too little too late. It's just much better to invest in gold.

Obviously he made a little research on sovereign funds before he gets to be interviewed. In fact, there is nothing new on what hes saying. But interesting to hear him say private equity fund. global pefs are down at least 40 percent year to date, what about that for quimbo and diokno

al contrary rich nation dont get increase their population..italy, france, japan,

Sir Stephen , dapat maglecture ka sa mga "intelligent" nating congressmen . lahat ng mga sinasabi mo dapat malaman nila , they were thinking big for the output para bang ang dali dali sa kanila , you were right , madaming filipinos could hardly eat 3x a day , mayayaman kasi sila kaya di nila naiisip yon

@scuunjieng

Жыл бұрын

many thanks

@crismariezaldivar7933

Жыл бұрын

@@scuunjieng i really feel bad that our elected representatives didnt feel that they are representing the filipinos, they are egoistic persons , most of them not all. God bless you po , keep on educating filipinos nang sa ganon matuto po at marunong magmatyag, hats off po sa inyo from Bologna , Italy

@scuunjieng

Жыл бұрын

@@crismariezaldivar7933 many thanks

MALLS! They will all work inside malls 😂😂😂

Why not offer their general appropriation funds or offer their salaries, sacrifice to our country.

Basically we don't need it. Its a big pile of cash that is ripe for corruption just like what happened in Malaysia.