Dear Subscriber,
Good day! just last week the country had been placed under MECQ, which means our country's economy had been played to another halt and restricted manner. Well from the looks of it, it was not as bad as before. Stores now have adjusted to a take-home policy and housing employees properly or employer-funded fixed transportation. Honestly, I have doubts about the whole idea of MECQ nor GCQ. This viral infection is here to stay, and I will make this remark that only true herd immunity, discipline, immunity strengthening and consideration for others can we stop this dreaded disease. Maybe it is time to reflect on what the least affected country is actually doing, like diet, exercise, and probiotics. I believe it is time to remove the American lifestyle in our system and restart the Japanese, Vietnam, Taiwanese, or new Zealand lifestyle.
Now in the economic sectors, GDP was reported to be down to -16.5 and presently on a technical depression. This virus is literally eating away the country's reserve gains hence the country's leader is banking on a vaccine from China named CAN-Sino from Beijing Insitute and Avigan trials from Japan which the Japanese did not even use. Ironic Ironic
Ironic. We have always been the trial bed of medicine as the same for Mexico, Brazil, and India. We should maybe form a Union of countries for medical trials. Why can't we make our own medical treatments since our countries are very bounty of biodiversity? Are these monopoly plays of our top researchers and FDA playing and dancing in tune with international big pharma? Maybe it is a lack of development on the medical research side of the government. A technical recession is based on the technical trends the PSE went down 135 points but has gone up after a few days Fundamentally country is still sound but this is the time for us to move towards progress and a renovation in the economy. Many shops will close, many shops will open. A lot of market pivot will be created particularly in terms of real estate, restaurants, health care, retail, and Job development.
Enjoy these moments as it unfolds and tomorrow is always another day and another opportunity.
Good luck and God bless