U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > World Forums > Asia
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 11-27-2013, 12:31 AM
 
Location: Jakarta, Indonesia
1,022 posts, read 3,149,962 times
Reputation: 219

Advertisements

Quote:
Originally Posted by tijlover View Post
Imelda Marcos leveled the notorious slum Tondo in the 70's 60,000 families forcibly removed, and 4,000 families from its edges, their houses demolished, and the displaced families were carted off into garbage trucks under police guard, to isolated sites 20 miles outside Manila where they were left to put up shanties like the ones they left behind. Out of sight, out of mind!

And why did she do that? The World Bank had given Imelda $32 million to fix up Tondo, and McNamara was due to visit Manila to view the progress. No progress at all! So she cleared the slum to make it look like there was progress! And what became of the $32 million and all the other aid we gave the Marcos's during that period? Squandered and/or chucked away in their Swiss bank accounts!

And to think we let 2 of the most notorious crooks in world history take up exile in Hawaii! One reason: Imelda and Ferdinand Marcos were very good friends of 2 more crooks: Nancy and Ronald Reagan!

And why didn't they string up both Imelda and Ferdinand from a couple palm trees in Manila?
To make matter worse imelda now lives in BGC, with all her shoes and luxury... Look at the current mayor of Manila who were caught corrupting just a few years ago and managed to quickly fight back for his position in the politics. This crony and political dynasties is what left Philippines ruined, so many Filipinos do not believe in the pressence of corruption (most of the poor) and would let them buy their votes.
Reply With Quote Quick reply to this message

 
Old 11-27-2013, 04:54 AM
 
6,993 posts, read 9,559,865 times
Reputation: 2957
Just remember that most of the money that was supposedly "stolen" ended up being redistributed to the masses in one way or another like funerals, basketball courts, pageants, fiestas and so forth. Sure the Marcoses and other politicians took their cut but so did Park in Korea during the 60s as well as Suharto, Mahatir and Lee Kwan Yew during the 70s and 80s. Whatever they pocketed for themselves did not move the needle in their countries' economies. Suharto even told World Bank head James Wolfensohn that stealing was considered to be "values" in Indonesia.
Reply With Quote Quick reply to this message
 
Old 11-27-2013, 07:35 AM
 
Location: Jakarta, Indonesia
1,022 posts, read 3,149,962 times
Reputation: 219
Ohhh yeah, all the toll road in Jakarta which is built during his era were owned by his family... i can assure you that stealing is not a value in Indonesia, which is why people beat up thief before they handed them to the police.
Reply With Quote Quick reply to this message
 
Old 12-05-2015, 12:23 PM
 
Location: La Muy Noble Leal Ciudad de Iloilo
190 posts, read 188,458 times
Reputation: 95
By 2030, we would breach the 1 trillion dollars mark.

Philippines projected to be 1-trln-USD economy by 2030: IHS | GlobalPost
Reply With Quote Quick reply to this message
 
Old 12-05-2015, 02:50 PM
 
Location: Taipei
6,781 posts, read 5,139,654 times
Reputation: 4574
For a country that has more than 100 million people, 1 trillion is still pretty poor.
Reply With Quote Quick reply to this message
 
Old 12-05-2015, 07:43 PM
 
919 posts, read 604,853 times
Reputation: 369
Quote:
Originally Posted by Greysholic View Post
For a country that has more than 100 million people, 1 trillion is still pretty poor.
One of my friends in Taiwan told me that Philippines used to be a super rich country compared to Taiwan. As a boy, he wanted to go to Philippines and live there.

Now he is a business owner and satisfied with living in Taiwan
Reply With Quote Quick reply to this message
 
Old 12-05-2015, 08:49 PM
 
25,059 posts, read 23,214,202 times
Reputation: 11624
Quote:
Originally Posted by Greysholic View Post
For a country that has more than 100 million people, 1 trillion is still pretty poor.
For comparison, Mexico only has 20 million more people than the Philippines. The Philippines has a GDP of $751 billion. Mexico has $2.2 trillion, and most people would consider Mexico to be not a poor country, but not rich either, similar to some ex USSR republics
Reply With Quote Quick reply to this message
 
Old 12-05-2015, 11:49 PM
 
Location: La Muy Noble Leal Ciudad de Iloilo
190 posts, read 188,458 times
Reputation: 95
Quote:
Originally Posted by Greysholic View Post
For a country that has more than 100 million people, 1 trillion is still pretty poor.
That's just nominal GDP, if it's by Purchasing Power Parity, then that would be 2.2 trillion dollars.
Reply With Quote Quick reply to this message
 
Old 12-05-2015, 11:50 PM
 
Location: La Muy Noble Leal Ciudad de Iloilo
190 posts, read 188,458 times
Reputation: 95
Quote:
Originally Posted by theunbrainwashed View Post
For comparison, Mexico only has 20 million more people than the Philippines. The Philippines has a GDP of $751 billion. Mexico has $2.2 trillion, and most people would consider Mexico to be not a poor country, but not rich either, similar to some ex USSR republics
We would have the same GDP as Mexico by 2030, around 2.2 Trillion Dollars (Based on PPP).
Reply With Quote Quick reply to this message
 
Old 12-06-2015, 12:07 AM
 
Location: Washington State
18,676 posts, read 9,647,068 times
Reputation: 15905
They have to get corruption under control...if they can do that for years, it will build the confidence of investors (both foreign and local) to have confidence to invest and develop Philippines. Wonderful country, I hope they do it.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > World Forums > Asia
Similar Threads
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2019, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top