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00:13.9
Okay, let's get the ball rolling.
00:43.9
Okay, let's get the ball rolling.
01:13.9
Okay, let's get the ball rolling.
01:43.9
Okay, let's get the ball rolling.
02:13.9
Potential disinformation, weaponization, etc.
02:16.1
So in fairness naman, we had a very constructive conversation.
02:20.4
Katulad ng sinasabi ko parati, may position naman ako dun sa issue ng TikTok.
02:26.1
At parati ko sinasabi, hindi ko naman sinisingle out ang TikTok dahil may China angle.
02:30.8
Nag-raising po tayo ng concerns sa iba't platforms.
02:33.7
Kung maalala ng ibang kameta natin na back in 2020,
02:37.4
for almost two months,
02:41.8
for almost two months,
02:43.9
Nag-raising po tayo ng page sa Facebook before.
02:47.0
So very traumatic na experience.
02:48.9
I never got a proper explanation from them except that nagkaroon nang ng glitch.
02:52.7
Napaka-unresponsive ng Facebook Philippines back in the day.
02:55.6
Pinagalitan ko na.
02:56.4
So in-escalate ko yung issue sa HQ nila.
03:00.0
And eventually from HQ nila, bumaba yung issue and then inutusan yung mga tao nila dito at inayos na.
03:05.5
But anyways, after that naman, bumaba naman sila, sila mga Claire, etc.
03:08.3
So thank you, thank you.
03:09.1
Thank you sa mga Facebook Philippines for eventually helping with some of these issues.
03:13.9
I'm hoping ako kasi ma-resolve din yung mga issues ng mga ibang kaibigan natin.
03:19.8
Ma'am, pwede mo i-check para ano?
03:22.2
Sana rin ma-resolve yung issues ng mga kaibigan natin katulad nila Mark Gamboa, among others.
03:27.9
Parang alam ko, pati sila, yung kaibigan natin, si Attorney Libayan rin yata.
03:32.7
Parang na-apectuhan yung kanyang account.
03:34.5
Kasi may mga nagka-comment yung isang araw na,
03:39.9
Nagpapatawan sila ni Banat Bay, gano'n gano'n.
03:43.9
Ay, no sound pa rin.
03:45.2
Matamdaling ko nga ito.
03:46.0
Ayan, may sound na.
03:47.1
Sorry ha, sa mga ka-TikTokers.
03:48.9
Ah, anyway, no, no, no.
03:50.0
So, sinasabi ko lang na marami tayong issues sa mga iba't-ibang platforms.
03:54.1
But yung isang buwan, nagkaroon din ng problema.
03:57.0
Kasi nung kasagsagan ng huling hidwaan dyan sa Yung Injol,
04:04.3
nag-post tayo ng mga analysis ukol sa West Philippine Sea.
04:07.7
Pero parang for some reason, hindi sila pa-publish.
04:10.0
Actually, lima yung pinost ko yung total.
04:11.8
Nag-delete ko yung dalawa-tatlo dyan.
04:13.1
Pero yung dalawa dyan,
04:14.0
hindi rin sila na-publish for days.
04:15.3
May screenshot na tayo na yun, all of that.
04:16.8
So, anyway, I had some concerns for that.
04:18.4
But in fairness naman,
04:19.7
salamat kay Sir Toph, sa Ibea,
04:22.3
yung mga kaibigan natin sa TikTok Philippines.
04:24.1
You know, at least,
04:25.1
we had a very constructive conversation.
04:28.1
kahit may mga disagreement ako sa polisiyan ng China,
04:33.2
kahit may konting disagreement tayo dun sa polisiyan nila sa West Philippine Sea,
04:38.4
kahit may mga disagreements tayo sa,
04:41.5
you know, some things here and there.
04:43.5
I think there are a lot of good things that also TikTok can do for the Philippines,
04:47.0
particularly in terms of creating a more inclusive, no,
04:50.2
environment sa social media.
04:52.2
Kasi alam nyo naman, yung,
04:55.2
at ito yung gusto kong sa explanation ng mga kaibigan natin sa TikTok Philippines is,
04:59.1
pag tinignan mo yung TikTok,
05:00.5
hindi siya, yung algorithm niya, it's interest-based rather than social network-based, di ba?
05:06.5
Kasi pagdating sa mga traditional social media platforms,
05:10.0
katulad ng Facebook, YouTube to a certain degree,
05:13.5
and Instagram especially,
05:15.3
marami kang mga engagements sa mga posts mo,
05:17.7
kung marami ka rin mga kaibigan, friends, and followers.
05:20.6
Sa TikTok, hindi mo kailangan yan.
05:21.9
Kahit halos wala kang kaibigan or followers,
05:24.6
sana naman may kaibigan ka sa totoong buhay,
05:27.1
pwede ka magkaroon ng mga viral videos.
05:28.8
In fact, yung first video pa lang natin sa TikTok,
05:31.1
more than 100,000 views ang nakuha niya.
05:33.3
At wala pang halos, wala akong, halos zero ang followers natin.
05:36.2
Ay because, I was,
05:38.8
now, of course, pwede nang sabihin dahil siguro medyo kilala ka ng iba,
05:42.4
hindi naman marami.
05:44.0
No, pero pansin ko, yung algorithm niya,
05:46.4
it allows for anyone na hindi naman kailangan na-establish,
05:48.9
hindi naman kailangan na maraming followers,
05:51.0
hindi naman kailangan na maraming friends,
05:53.3
pwede kang at least magkakaroon ng 15 seconds of fame.
05:57.8
And more importantly,
05:59.8
the thing also with TikTok is dahil entertainment-oriented siya,
06:05.8
madali yan para sa,
06:07.7
you know, for anyone, no?
06:11.4
To create something na ma-appreciate.
06:13.5
Nang taong bayan, no?
06:14.9
Because, yun nga, hindi, kasi, for instance, sa Twitter,
06:17.7
kailangan na medyo mamagaling ka sa prose,
06:19.9
or magaling ka sa, medyo wordsmith ka,
06:22.8
or alam mo paano mo i-casha yung mga,
06:26.4
yung mga komplikadong idea in like,
06:29.4
probably half a sentence or so.
06:31.5
So medyo may pagka-poetry dyan, di ba?
06:33.6
Sa Facebook naman, siguro tinitingnan ng iba,
06:35.9
magandang packaging, production, etc.
06:37.7
Sa TikTok, kahit ano lang, kahit simple lang production mo,
06:41.9
kahit hindi bongga yung,
06:43.0
production mo kahit nagsiselfie ka lang dyan sa,
06:46.4
you know, sa tapi-tapi, ganon,
06:48.4
maganda pa rin ang magiging engagement po dyan.
06:51.0
So it's much more inclusive in a sense that
06:54.4
it allows for a zero-to-hero situation much faster
06:58.1
than any other algorithm, no?
07:00.2
So kung nga dito sa TikTok,
07:01.9
ilan lang post natin, naka 20,000-30,000 followers na tayo, no?
07:05.7
Obviously, hindi ako kasing active sa TikTok until recently,
07:08.4
so sana maayos natin yan.
07:10.0
Pero kung nga, ang hirap makakuha ng 100,000 followers sa Twitter.
07:13.0
You know, it took some of us half a decade to get around 100,000 followers there.
07:17.1
So, there's something very interesting about TikTok.
07:20.9
At alam natin yung TikTok, very appealing ito sa mga kabataan.
07:26.1
And alam din natin na increasingly,
07:28.7
ba't yung mga hindi kabataan masyado?
07:30.4
Katulad natin ng mga medyo older millennials,
07:32.9
yung mga Gen X, if not 60 above.
07:35.3
Yung mga, katulad yung mga mighty magulang, no?
07:37.8
Medyo successful talaga sila sa TikTok.
07:39.9
And one of the good things I also like about TikTok recently
07:42.2
is yung tinatawag na book talk, no?
07:45.9
So, in short, you know, I still have my strong position
07:48.9
pagdating sa potential influence of the Communist Party of China
07:53.2
dun sa operations of big Chinese-originated companies,
07:57.4
whether it's Huawei, whether it's ZTE,
07:59.9
but also to saying the Baitans.
08:01.2
But I also appreciate yung engagement natin with our friends
08:05.8
dyan sa TikTok Philippines.
08:06.9
And I also appreciate the other things that TikTok is doing
08:09.0
na hindi related sa politics at nakakontribuyo.
08:12.2
Sa social inclusion, social development,
08:14.8
not to mention yung mga malilit na mga negosyo, no?
08:17.4
So, maraming actually, hindi naman yumaman lahat,
08:19.5
pero marami din nang nagkaroon ng kahit pa paano, diba?
08:23.7
Nagkaroon ng konting livelihood, diba?
08:26.4
Dahil sa TikTok, diba?
08:28.4
Kasi nakakabenta sila on TikTok.
08:30.3
Although, of course, ang suggestion ko dyan,
08:33.0
know also about taxes, no?
08:34.8
Kasi kailangan nyo magbayad ng base, diba?
08:36.6
Kung umingikita kayo kahit sa online purchase.
08:38.6
So, nakakontribute din nyo ito sa small and medium enterprises,
08:41.7
especially small enterprises,
08:44.3
dyan sa ating emerging digital economy.
08:46.6
Now, having said all of that,
08:47.6
punta na naman tayo sa diskusyon natin.
08:50.9
Dito, ito, ito, ito, pag-usapan natin.
08:52.5
So, actually, kahapon pa lang,
08:54.4
lumabas na itong mga surveys, Pulse Asia survey.
08:57.6
Ina-email naman sa atin ng Pulse Asia survey.
08:59.6
So, if you look at the big survey agencies,
09:02.6
you know, they email it to you.
09:05.0
So, may email list sila ng mga journalists,
09:07.1
mga experts, mga tao na email sa'yo
09:08.7
bago ito napapublish sa media, et cetera.
09:11.7
mga iba naman, kung medyo kaibigan mo naman yung boss
09:13.5
or something na isang survey agencies,
09:15.5
minsan, bina-viber lang sa'yo, diba?
09:18.0
Itong position, nakita ko lang sa email ko kahapon
09:20.1
na most urgent issue ang nandito.
09:23.6
But, it looks like lumabas na rin yung
09:25.8
kompleto pala siya, eh.
09:27.3
So, andun din pala yung approval ratings
09:29.0
ng ating mga politiko, no?
09:31.5
Including si President Marco Jr. and Sadio Duterte.
09:34.6
And, interestingly, mukhang umakyat ang approval ratings
09:37.7
ng mga top leaders natin,
09:39.0
although very marginally.
09:41.7
So, at least, hindi bumaba lalo.
09:43.1
Kasi nakita natin, diba?
09:45.1
Naalala nyo yung third quarter,
09:46.8
bug-bug talaga, no?
09:48.4
Double-digit drop, pareho, no?
09:50.7
Yung top leaders natin,
09:51.9
kahit BBM, grabe yung backs up ng numbers niya, diba?
09:55.0
So, now, his numbers are closer to the median trend
10:00.3
dun sa mga nakaroon na presidente.
10:02.4
Kasi, well, President Duterte,
10:03.8
medyo 80-90% siya at this point.
10:05.5
But, most of our other presidents,
10:08.0
Corey, Ramos, Erap,
10:09.8
Arroyo, not as a president,
10:12.9
but as a vice president,
10:14.5
medyo mga ganitong level yung kanilang approval ratings
10:18.1
at this point in time, no?
10:19.1
So, pag-usapan natin yan.
10:20.5
Pero, actually, ang gusto ko talagang pag-usapan today,
10:25.0
pag sinasabi ko meta,
10:25.9
hindi biglang Facebook lang.
10:27.5
Actually, meta means next level, right?
10:30.0
So, like, meta narratives,
10:31.6
meta analysis, no?
10:33.1
Kaya nga, pinalitan din ang pangalan ni Zuckerberg.
10:35.0
Pero, bago pinalitan ni Zuckerberg
10:36.3
ang pangalan ng Facebook,
10:37.1
naisip ko na yung meta na yan.
10:38.7
Kasi, meta, next level.
10:40.8
Lively, interesting, exciting, malalim yan.
10:48.4
Balikan natin itong mga ka-metaverse.
10:54.7
Actually, gusto ko pag-usapan yung ekonomiya.
10:59.3
medyo 50-50 ako sa Philippine economy this year.
11:02.2
So, mukhang global growth is slowing down this year.
11:05.7
But, also, inflation is going down.
11:07.8
But, at the same time,
11:08.5
FDI and foreign trade investment,
11:09.7
is also not doing good.
11:11.1
So, let's look at that.
11:12.1
But, before that,
11:12.6
pag-usapan muna natin,
11:13.5
medyo mag-politika tayo ng konti.
11:14.8
Pag-usapan natin ito yung mga latest numbers
11:17.2
na nakikita natin itong survey ng Pulse Asia.
11:20.0
Of course, maraming salamat sa ating mga kaibigan
11:21.6
na nagpadala sa atin
11:23.2
ang mga kopya ng mga ganitong surveys.
11:27.1
So, let's go one by one.
11:31.8
Para naman, mga ka-meta.
11:35.2
So, hindi ko naman bakit walang sound kanina.
11:36.8
Kinunit ko naman dun sa mga ka-TikTokers natin.
11:41.9
Alam mo, isa pang gusto kong baguhin.
11:43.8
Itong idea na pag-TikTok,
11:45.7
magsasew ka, magka...
11:48.4
Pwede mo naman gamitin yung TikTok
11:49.5
for other kinds of engagement.
11:51.7
Katulad ng ginagawa natin.
11:52.8
Political analysis.
11:54.4
May mga kasama din tayo na
11:56.1
ginagamit ang TikTok, for instance,
11:59.0
for financial literacy.
12:02.5
O, yung mga Bitcoiners.
12:04.6
Mag-decision na tayo.
12:05.4
In the next 12 hours,
12:06.5
magkakaroon din ng development yata sa Bitcoin.
12:09.7
Wala si Kristan, eh.
12:11.4
Patulong sa akin na ako,
12:12.3
bibili ng Bitcoin.
12:15.3
Nasa-stress ako dyan sa Bitcoin na yan.
12:18.2
Kasi malaking decision niyan, eh.
12:20.6
Hindi naman malaking pera yung lalagay natin.
12:22.4
But still, ako naman,
12:23.2
alam mo, Ilocano,
12:25.0
malaking issue yan.
12:27.4
isa pang dahilan na medyo nasa-stress ako ngayon,
12:29.8
naisip ko kung bibili pa ako
12:30.8
ng isa pang 4K na camera.
12:33.4
Dahil may mga inisip tayo
12:34.8
na gagawin na solid na...
12:38.4
solid na mga travels,
12:40.1
international travels.
12:40.8
I was thinking, siguro kulang itong mga cameras natin.
12:42.9
Gusto ko maganda.
12:43.6
So, nag-research pa ako
12:45.1
kung maganda yung RX100
12:46.4
or ano ba yung best versions.
12:48.9
Kasi nga, medyo mahal.
12:50.0
Baka check ko na lang abroad.
12:51.9
Like, yung mga ganitong bagay,
12:53.2
isa-stress tayo mga kamay.
12:54.4
I-check ko pa yung mga...
12:55.7
Kasi kailangan natin medyo update,
12:57.3
medyo upgrade na rin natin
12:58.7
yung production natin
12:59.6
because I'm looking at doing
13:00.9
some sort of political,
13:02.2
social travel kind of analysis.
13:03.9
Kind of Hey Darian style.
13:06.4
pag-usapan natin ito mamaya.
13:08.5
I have to do a separate thank you.
13:12.8
Salamat din doon sa mga kamayatan natin
13:14.4
na nagpadala ng tulong
13:16.2
doon sa outreach program natin
13:18.8
sa Surigao del Norte,
13:21.5
I-post ko yung mga pictures,
13:24.1
yung mga chinelas,
13:25.1
yung mga school supplies,
13:26.2
yung mga vitamins,
13:27.1
yung mga binili ng ating mga kaibigan,
13:31.7
nung nandun siya sa Mindanao.
13:33.1
So, thank you so much
13:33.9
sa lahat ng mga kamayatan natin
13:35.2
na nagpadala ng support.
13:37.2
So, diniretso ko na rin yan.
13:38.5
Ito sa doon sa ating mga kaibigan
13:41.3
on the ground sa Mindanao.
13:42.7
So, we hope to continue
13:44.6
yung mga ganitong efforts
13:45.4
and hopefully we'll also have more of that
13:47.1
dito sa Metro Manila naman.
13:48.7
So, alam mo naman,
13:49.8
on the sides, you know,
13:51.1
konting tulong na lang natin sa bayan natin.
13:53.0
Hindi lang sa, you know,
13:55.0
in terms of intellectual contribution,
13:58.4
medyo konting contribution eh.
13:59.6
So, super salamat.
14:01.2
God bless you all.
14:03.8
Kasi dinistribute natin yan
14:05.3
nung panahon ng Christmas
14:06.7
at saka paput ng New Year.
14:08.5
So, yung blessing po sa inyo yan.
14:10.2
So, thank you so much
14:11.3
sa lahat ng mga kamayatan
14:12.3
na nagpadala ng support sa atin
14:13.9
dun sa outreach program natin
14:17.3
So, hopefully we'll have more of that
14:18.6
including dito sa Metro Manila
14:20.7
tsaka mga underprivileged areas.
14:22.3
So, God bless po.
14:23.0
Thank you so much.
14:23.7
Maraming salamat.
14:24.2
Now, balikan natin ito.
14:29.7
Kaya, ano mo na yung, ano eh,
14:31.8
Wait lang, relax lang kayo.
14:36.3
tinignan niya yung survey.
14:37.3
Pulse Asia survey ang best.
14:39.8
Hindi lang dahil best siya.
14:41.8
kung tinignan mo yung pag-asa
14:42.8
ng mga opposition sa Senado next year,
14:45.2
ang pinaka-hopeful na survey
14:46.4
actually Pulse Asia.
14:48.0
Katulad ng inaanalyze natin
14:51.2
walang makita na may at least
14:52.3
tatlong kandidato
14:53.3
from the opposition
14:54.1
who could make it to the Senate
14:57.1
sobrang hopeless case.
14:58.5
Digong pa nga number one
14:59.6
dun sa isang survey na whatever.
15:03.6
huwag na naman i-bash yung Pulse Asia.
15:05.1
Basayan nyo naman.
15:07.3
uy, di naman na kayo nagsalita
15:08.7
nung bumaba yung approval nila
15:10.9
O, eh, huwag tayong gano'n.
15:12.8
ayaw ko yung ganyan style.
15:13.9
Yung pag, yung ayaw mo,
15:15.8
hindi mo ganang performance
15:18.1
Tapos pag medyo magumanda
15:19.0
yung survey yung ayaw mo,
15:19.9
biglang ayaw mo na sa survey,
15:24.0
Huwag hindi kita hinaway.
15:24.9
Sinasabi ko lang.
15:25.6
Hindi naman ikaw lang ganyan.
15:27.1
I mean, lahat naman tayo
15:27.7
may tendency ganyan, sir.
15:28.8
Pasensya na, sir.
15:29.7
O, huwag mo nakawayin.
15:37.3
Pero, actually, agree ako
15:38.7
na may konting conditioning
15:43.1
kung sobrang wala kang pag-asa
15:47.1
makawala ng pag-asa
15:48.0
yung mga funders mo.
15:49.3
So, magiging self-fulfilling profits yan.
15:51.2
Pero, in terms of sino
15:52.0
magta-top and all,
15:52.8
alam naman natin very variable
15:56.3
So, the conditioning
15:57.4
is quite questionable.
15:58.3
But, it's conditioning
15:58.9
to a certain degree
15:59.6
in terms of filtering out
16:00.8
yung mga medyo outliers
16:06.3
Pulse Asia to, sir,
16:07.3
ma'am Melissa, sorry.
16:08.8
Eto, balikan natin
16:09.4
itong Pulse Asia survey na ito
16:10.7
bago kayo mag-bash na naman.
16:13.4
Yan kasi ang ayoko
16:14.5
dun sa election na nangyari.
16:17.6
Ayon yung result ng election,
16:22.3
Ano nang basihan natin ngayon?
16:27.9
return, return, return.
16:29.4
Na-distract tayo.
16:31.7
Nagre-reply lang ako.
16:32.5
But, don't worry.
16:36.7
na gusto kong pag-aaral.
16:38.0
Dahil dito na nakikita natin
16:39.2
na maraming kakulangan talaga.
16:40.8
May maraming kakulangan
16:41.9
ng BBM administration.
16:43.6
O, yung mga DDS natin.
16:45.0
Kahit matutuwan naman kayo sa akin.
16:47.1
Yan, kakritisize naman natin
16:51.7
Okay, okay, okay.
16:54.9
parang one point lang
16:55.9
yata umakit sa kanya.
16:56.8
So, etong interesting
17:01.9
ang approval niya
17:03.6
So, hindi ganun kataas.
17:05.8
Usually, we'd expect
17:07.2
pero within the margin of error
17:08.6
more or less of around 70%.
17:15.9
Which is quite interesting.
17:18.4
pwede mong isipin dyan.
17:19.7
Siguro, isang dahilan
17:21.8
mas apektado siguro
17:23.2
yung mga reyon ng Mindanao
17:24.7
pag yung ekonomiya natin
17:27.9
ay hindi ganun kaganda.
17:30.1
pag medyo tumataas
17:31.2
yung presyo ng mga bilhin.
17:32.5
So, tumataas yung
17:34.6
Napag-usapan natin
17:35.4
in the next slide.
17:36.2
Don't worry about it.
17:37.2
So, I think may kinalaman dyan.
17:38.8
Pero more importantly,
17:39.9
I think may kinalaman din ito
17:42.9
sa loob ng UNITEAM.
17:46.3
Or whatever UNITEAM,
17:47.5
whatever is left of UNITEAM.
17:50.1
the reason masasabi ko yan
17:51.9
is dahil taga-Solid North tayo.
17:54.4
So, pag nasa Solid North ka,
17:56.4
sa North ka ng Philippines,
17:58.0
Iloo ko siguro bago ganun,
17:59.3
marami kang marinig
18:00.1
na hindi ganun ka natutuwa
18:03.8
Kasi tingin nila,
18:04.5
inaawa yung kanilang
18:07.2
yung kanilang Hercules,
18:09.5
So, I won't be surprised
18:11.3
may mga hindi rin natutuwa
18:12.3
kay BBM kasi inaaway.
18:14.4
Hindi naman BBM mismo,
18:15.9
pero yung administration na
18:17.1
o yung mga liyado na
18:18.0
inaaway si Lazara
18:19.1
o inaaway si Digong.
18:20.4
Or at least inaaway ni Digong
18:22.2
So, parang tingin nila
18:22.9
hindi ganun paganda.
18:24.0
So, I'm not surprised
18:25.1
na ang pinakamawa ba
18:28.5
is actually Mindanao.
18:31.2
But I think the other
18:32.2
interesting and surprising thing
18:33.6
or maybe not so surprising
18:35.0
is that actually,
18:36.6
socioeconomic class,
18:37.8
ang pinakamawa ba
18:38.8
in terms of support for BBM
18:42.6
Ito yung middle class.
18:44.1
Now, this is interestingly
18:47.7
These are the facts.
18:49.5
Hindi ko alam yung mga
18:51.5
dyan sa mga dilawan circles.
18:53.4
Pero ito yung facts, ah.
18:55.4
Ito yung tinatawag na
18:56.1
disciplinary politics.
18:57.6
We have many examples
18:59.1
around the world.
19:00.3
From Chile in the 1970s
19:04.0
1990s and 2000 onwards.
19:08.7
the coups against
19:11.7
and the sisters, etc.
19:12.8
We have many examples.
19:14.3
Not to mention also
19:16.7
We have many examples
19:18.1
kung saan yung middle class
19:19.3
actually nag-side dun
19:20.3
sa mga right-wing populists,
19:23.2
or medyo trapo politicians.
19:25.9
had a significant
19:26.8
middle class base.
19:30.8
pro-military people
19:32.7
significant yung middle class base.
19:35.4
yung nagpatalasik
19:36.6
Sa Salvador Allende
19:39.8
administration na leftist,
19:41.8
malaki yung middle class support.
19:43.7
there's a very good literature
19:45.2
kung saan pinapakita
19:46.9
na malaki yung tendency
19:49.5
na ang middle class
19:51.4
ng isang authoritarian
19:57.3
democratic system
19:59.4
more importantly,
20:00.8
kung meron silang
20:02.9
na tingin kung saan
20:06.3
as a potential source
20:07.8
in so many different ways.
20:11.7
And there's a fear
20:13.0
of redistributive
20:14.9
leftist populism.
20:17.2
historical cases.
20:19.2
Whether it's Chile,
20:24.4
kung saan actually
20:26.5
sa isang demagogic populist
20:29.3
illiberal leader.
20:31.0
si Digong actually
20:32.5
among middle classes.
20:34.3
Digong did very well
20:35.3
in some pre-elections
20:36.6
among top officials
20:37.8
of the Department of Finance
20:38.9
and among a lot of
20:41.6
and corporations.
20:44.4
some of my friends
20:45.6
sa mga big corporations
20:46.9
dito sa Philippines
20:47.6
nag-internal survey sila
20:50.3
ni Digong noong 2016,
21:00.1
yung mga progressive
21:03.0
evidence to back that up.
21:11.9
based on the literature,
21:12.9
there are many instances
21:14.2
whereby the middle class
21:15.5
tends to actually support
21:17.0
more authoritarian
21:19.1
or right-wing populists.
21:21.4
If I'm not mistaken,
21:22.1
the latest one is
21:29.6
na super right-wing
21:30.7
na crazy libertarian din.
21:32.1
Maraming din yung
21:32.6
middle class Argentinian
21:33.8
na supporta sa kanya
21:39.5
na naranasan nila
21:41.6
So, there's absolutely
21:45.6
isang tao ay edukado,
21:46.9
ay doon na galing sa
21:48.5
or kumikita ng ganitong
21:51.0
3 million per year
21:51.8
if not 1 million per year,
21:56.6
There's absolutely
21:57.2
no evidence for that.
21:58.6
the evidence points
21:59.3
in the opposite direction
22:00.6
in social conditions
22:02.2
like what we have
22:03.1
in the Philippines.
22:05.8
failed state institutions,
22:07.9
bad infrastructure,
22:09.9
with democratic system.
22:11.4
marami tayong lecturers
22:14.6
The Rise of Duterte
22:17.5
kung saan in-explain ko
22:20.1
and you're also free
22:21.3
to read yung ating
22:22.8
on Journal of Democracy
22:26.9
the Marcos Dynasty.
22:28.6
in-explain ko yan
22:30.7
with historical analysis.
22:32.5
nagsasalita ng kwentong
22:34.6
gustong-gusto ko naman
22:37.0
gusto kong kausap
22:37.6
ng mga kaibigan natin
22:39.6
when I say kwentong
22:41.0
hanggang ano lang,
22:43.5
pero walang basihan.
22:45.6
empirical evidence.
22:47.3
sinabi niya ganito.
22:49.7
political analysis.
22:52.6
pero yung political analysis
22:53.6
medyo ayus-ayusin mo
23:03.5
of the middle classes.
23:06.8
but it doesn't look
23:13.2
and Duterte brand.
23:18.3
this is interesting
23:19.0
because kanina lang
23:25.2
not primary reason.
23:26.5
primary reason is
23:30.3
sa Mindanao siguro,
23:34.3
from the very beginning
23:35.6
It's also because
23:39.6
yung mga kaibigan natin
23:44.1
pag tumaas talaga
23:46.5
yung incidence of
23:47.2
poverty and inequality
23:50.8
Not entire Mindanao
23:51.9
but certain regions
23:53.8
incidence of poverty,
23:55.2
the poorest regions
23:56.3
tend to be in Mindanao.
23:58.9
incidence of poverty
24:06.9
we have a situation
24:07.6
where by actually
24:08.1
the wealthiest Filipinos,
24:11.6
Katulad ng yung explain ko,
24:13.6
na magkaroon ka ng survey
24:16.4
eto yung mga mayayaman
24:17.4
na naka-Ferrari and all,
24:20.0
eto yung naka-BMW
24:23.7
are both gonna be
24:26.9
mag-survey sa mga yan.
24:29.2
mga C talaga yan.
24:31.3
that it's irrelevant
24:31.9
in electoral terms
24:33.7
in political-economic terms
24:35.6
sa kanila yung pera.
24:37.7
So, this is an interesting case
24:39.9
it's worth looking at
24:41.7
are not too far away.
24:45.2
eto yung urban poor
24:46.3
na pinakamalaking demographic,
24:55.1
So, you would have thought
24:56.7
dapat pinakamahina
24:58.3
because yung inflation issue
24:59.6
which we'll discuss shortly.
25:01.1
Sa A to 30 naman,
25:02.0
her numbers are at
25:03.7
so that makes her
25:13.4
It's actually surprising
25:14.0
ang baba ng approval
25:20.1
the Romualdo's case
25:21.1
This is quite interesting
25:24.2
yung House Speaker
25:25.8
tsaka yung Senate
25:27.3
mas mataas yung numero nila
25:34.7
ayan, si Francis Cayetano.
25:35.7
Explain mo na yung mga
25:37.1
We can have a totally
25:37.8
different vlog on that
25:38.9
kasi yung kaso ni Peron
25:40.7
is very, very interesting.
25:43.7
pinag-usapan natin
25:45.5
Sabi ko yung ginagawa
25:46.8
andun pa rin yung macho
25:49.7
populist appeal niya
25:50.6
pero at the same time
25:51.3
pumaposition din siya
25:52.2
to the other side
25:55.5
medyo progressive
25:57.3
Si Peron ay medyo
25:59.6
maabang usapan niya
26:00.3
we can talk about
26:02.2
in different lecture.
26:03.2
As in lecture dapat
26:04.9
Don't worry mga kamay
26:05.5
tama yung working
26:07.5
lecture type videos.
26:09.0
But going back to this
26:16.0
and slightly ahead
26:18.4
So with margin of error
26:20.1
almost in the same
26:58.8
parts of Visayas eh.
27:19.0
interesting situation
27:20.1
we're seeing here.
27:21.9
pag tinig naman naman
27:37.2
ito yung sinasabi ko
27:38.0
na disciplinary politics.
27:39.5
Ito yung sinasabi ko na
27:41.8
reactionary middle class.
27:43.1
Ito yung sinasabi ko na
27:46.5
disciplinarian politician.
27:49.4
I gave you cases of
27:53.7
So ito yung sinasabi ko.
27:57.8
ng ibang tao dyan
28:06.8
We can talk about
28:09.1
pero hindi sa Pilipinas.
28:11.7
hindi yun yung trend
28:12.5
in the past 10 years.
28:13.6
Basta sa mga service
28:14.7
May nagtatanong sa
28:17.6
meron tayong separate
28:18.3
na vlog ginawa dyan.
28:19.2
Please just go to
28:22.3
marami tayong mga
28:22.9
ginawang analysis
28:25.2
on that soon again.
28:26.1
Don't worry about it.
28:28.4
yung live natin dito,
28:29.6
pinag-usapan din natin
28:33.1
concerned din si Digong
28:36.2
ang may baraha dito
28:40.9
this is the interesting case
28:43.6
the one that actually
28:45.8
Martin Romaldes is.
28:47.4
And interestingly,
28:48.8
ni Martin Romaldes
28:50.5
which is surprising
28:54.1
tambalos-los na away,
28:56.6
ang kabanggan niya
28:57.4
yung taga Mindanao eh.
29:00.6
and then sa NCR pa siya
29:01.8
sobrang unpopular.
29:04.4
yung kanyang approval.
29:07.1
kung may isa dyan
29:12.4
in the presidential race.
29:23.1
and then i-parliamentary.
29:24.6
hindi na kailangan
29:25.0
tumapos sa election.
29:26.8
ay galing sa isang party
29:28.3
na pinakamalaking
29:31.3
leader ng party niya
29:32.1
at ikaw ang pwede
29:32.6
maging prime minister.
29:34.8
I'm looking at this,
29:37.9
Sara still looks to me
29:39.8
competitive candidate
29:47.6
pero malayo siya dun
29:48.7
na potential positioning
29:49.7
for the next highest office.
29:51.2
Whether it's Zubiri,
29:56.4
which is literally,
30:00.8
sa ating mga kabahay?
30:01.7
And this is where
30:02.2
things get interesting.
30:04.3
eto na naman yung,
30:05.4
kaya nga nag-react tayo
30:06.6
dun sa nangyayari
30:07.9
kasi parang sinisig
30:09.6
agad yung kanyang writers.
30:11.9
Yan ang problema eh.
30:12.7
When things go wrong,
30:13.8
ang style ng iba dyan,
30:15.1
sisisihin yung mga
30:17.6
When things go right,
30:18.7
they claim all the credit.
30:21.7
Very, very trapo.
30:24.2
yun yung tendency
30:25.5
When things go right,
30:30.7
minamahal na presidente.
30:31.9
And then when things go wrong,
30:34.0
palpak niyang assistant,
30:35.6
dahil yan sa asawa niya,
30:36.8
dahil yan sa ganyan niya,
30:39.1
That's the problem
30:39.9
we have in politics.
30:42.3
because we're very quick
30:44.1
in other direction
30:44.8
when things go wrong.
30:46.0
But we are always happy
30:47.3
to give all the credit
30:48.2
to mga lodis natin
30:49.9
when things go right.
30:50.8
Even if hindi naman talaga
30:52.2
responsibility talaga
30:54.3
dahil yan sa magaling
30:56.9
and so on and so forth.
30:58.4
let's go to this other issue
31:00.3
if you look at it,
31:03.1
ang pinakamahalaga
31:03.8
para sa ating mga kababayan
31:06.0
ay hindi issue ng droga,
31:08.0
hindi federalism, right?
31:10.3
Ang pinakamahalaga
31:11.4
para sa ating mga kababayan
31:12.6
is what you would expect, right?
31:15.2
What you would always expect,
31:22.2
control of inflation, right?
31:24.4
Which was a very, very big problem
31:28.4
Ang laking-laking problema niyan.
31:30.7
So, kung tinignan mo
31:31.3
sa controlling of inflation,
31:35.2
yung approval ratings
31:36.8
ay hindi ganang katahas.
31:42.0
Actually, the approval ratings
31:45.5
in the fourth quarter of last year.
31:50.1
But surprisingly,
31:50.8
mataas pa rin yung...
31:56.3
sorry, hindi ito approval.
31:57.4
It's just the urgency.
31:58.4
Bala, sorry, sorry.
32:02.8
medyo mas less urgent
32:04.1
sa fourth quarter
32:04.9
kaya nga didn't make sense to me
32:06.2
kasi bumaba actually
32:07.1
yung inflation, diba?
32:09.7
ang concern ng tao
32:15.4
because this is within
32:16.4
the margin of error
32:17.7
But still, inflation by far
32:19.4
is the majority issue.
32:21.1
74% in September,
32:24.8
And then, yung sahot,
32:26.5
49% in September,
32:28.8
So, related dalawa yan.
32:29.8
Especially yung sahot
32:33.2
Dahil, of course,
32:34.4
kung tumaas ang presyo
32:36.4
mas gusto mo na...
32:37.6
Kailangan mo na mas mataas
32:38.9
para maka-afford mo.
32:39.6
So, related talaga yung dalawa na yan.
32:40.8
So, kung bumaba yung isa,
32:41.7
bumaba din yung isa.
32:43.8
positively correlated.
32:46.1
And then, employment,
32:47.2
statistically the same.
32:48.6
Reducing the poverty,
32:49.9
almost exactly...
32:50.7
I mean, exactly the same.
32:54.1
pag tinignan nyo dito,
32:55.0
hindi ganong kapriority
32:56.4
ang fighting corruption
32:58.1
So, palating natin sabi,
32:59.0
galit ang Pilipinas sa corruption,
33:00.4
ganito tayo, ganito tayo.
33:01.7
when you look at the service,
33:02.5
it doesn't look like
33:04.9
Mas priority yung
33:05.9
ekonomiya in general
33:07.0
rather than fighting corruption.
33:09.8
yung whole daan matuwid,
33:12.7
that whole thing about
33:13.8
malinis na gobyerno,
33:15.5
tapat na gobyerno,
33:16.6
the reason na hindi gumagana ito
33:18.2
sa election as much,
33:19.7
in as much as before,
33:22.9
may mga mas mahalika
33:24.3
para sa ating mga kababayan.
33:28.8
ang fighting corruption
33:31.1
In fact, in December 23,
33:35.5
Even fewer Filipinos
33:37.0
said that they're concerned
33:38.0
about corruption,
33:38.7
fighting corruption
33:39.7
as a top urgent issue.
33:41.7
So, hindi ganong ka-urgent
33:42.5
sa akin yung corruption.
33:45.9
either dahil hindi ganong
33:47.1
ka-corrupt yung sistema natin,
33:48.8
I'm not sure about that,
33:51.6
parang siguro tanggap ng tao
33:53.9
na given na talaga
33:54.6
magkakakawin ng certain degree
33:56.1
So, this is what I'm saying.
33:59.5
yung style ng opposition
34:00.5
ng tapat na gobyerno
34:02.0
parating ko sinisabi,
34:03.3
husay ang hinanap ng tao,
34:05.2
decisive leadership
34:06.0
ang hinanap ng tao.
34:09.4
tapat na gobyerno.
34:14.4
Of course, people will be okay with it,
34:19.2
fighting graph and corruption
34:21.1
urgency ang pinag-usapan.
34:22.5
Hindi nila nang hindi say
34:23.9
walang corruption.
34:25.4
hindi nila super priority yan.
34:28.1
So, these are the things
34:28.9
that we have to keep in mind.
34:33.0
if you look at the
34:34.1
approval ratings,
34:35.0
I'm trying to bring out
34:35.7
the other surveys,
34:37.3
hindi ganoon kaganda
34:38.5
nung approval ng tao
34:40.0
dun sa management
34:46.8
7 out of 10 Filipinos
34:48.4
ay hindi natutuwa
34:53.3
ng Marcos administration.
34:54.6
So, it's quite interesting.
34:56.8
is the number one issue
34:58.7
70% of Filipinos.
35:01.5
More than 70% of Filipinos
35:03.8
of the government's
35:06.8
handling of inflation
35:07.9
and yet the president
35:09.1
and the vice president
35:10.5
70% approval rating?
35:12.3
Parang medyo weird yan.
35:14.1
does it even make sense?
35:15.8
surveys cannot be just
35:16.8
taken on face value.
35:19.4
interrogate surveys.
35:21.4
Not yung style na
35:22.3
lahat ng survey na yan
35:25.0
Critical thinking talaga.
35:27.7
So, kung titignan mo,
35:29.4
so yun yung weird ha.
35:30.4
Ito yung weird talaga.
35:32.8
so ulitin natin ha.
35:46.0
ay hindi natutuwa
35:46.8
sa government management
35:51.6
ito yung pinaka-urgent
35:52.7
itong inflation management.
35:54.2
Pero yung approval rating
35:56.3
at saka ni Vice President
35:57.6
ay around 70% too.
35:59.6
So, how does that make sense?
36:03.7
ay hindi natutuwa
36:05.1
ng isang issue na
36:07.0
sa karamihan ng tao,
36:08.9
then bakit ang taas
36:09.7
sa approval ratings
36:11.0
at Vice President mo?
36:11.9
Kaya nga sabi ko,
36:12.4
you don't take approval ratings
36:14.0
surveys on face value.
36:17.6
that the survey is legit,
36:18.7
the methodology is correct,
36:19.7
but you still have to
36:23.2
So, kaya nga sabi ko,
36:29.5
on a case-to-case basis
36:33.0
That's where makikita mo
36:34.0
kung ano talagang
36:34.7
sentimento ng tao.
36:36.7
we can have a long
36:37.2
conversation about this.
36:40.1
kung na-interrogate mo
36:41.0
talaga yung survey,
36:41.7
some things don't make sense.
36:44.1
during Digong's time,
36:45.6
more than 7 out of 10
36:47.2
they approved the drug war,
36:48.7
but more than 8 out of 10
36:50.3
they're worried about EJK.
36:58.7
So, ulitin natin.
37:03.3
identify inflation
37:05.0
as the most important
37:06.1
issue in the country
37:06.8
in terms of urgency.
37:10.2
hindi sila natutuwa
37:11.1
dun sa management
37:15.1
approve yung performance
37:17.2
at vice president mo.
37:19.0
So, that has to be
37:23.1
In the same way na
37:25.9
approve the drug war
37:27.1
but more than 80%
37:29.1
or were concerned
37:30.8
of what it meant.
37:31.8
So, ano yung sabihin niyan?
37:32.6
So, in that case,
37:33.5
ang explanation ko was
37:35.5
the drug war in principle
37:36.4
but they want a better method.
37:38.0
Na hindi kasing bara-bara.
37:39.2
Siguro, they want a drug war
37:40.1
minus all these EJKs.
37:42.4
interrogate that.
37:43.7
take it on face value
37:44.9
eto yung approval rating
37:45.8
therefore napakagaling
37:47.7
And I always say this.
37:50.4
Most of the time,
37:51.7
the good, competent
37:52.6
presidents are actually
37:53.6
the ones that are not popular.
37:54.9
Because doing the right
37:56.4
the unpopular thing.
37:57.7
Because doing the right thing
38:00.7
kang babanggayin,
38:03.0
meaning may mga gagawin
38:05.4
in the short run,
38:11.7
hindi ka natutuwa
38:12.3
pero in the long run,
38:13.1
it's good for you.
38:17.2
popularity numbers
38:18.5
actually do not mean much.
38:20.2
What you have to look at
38:21.6
in terms of managing
38:23.2
and most important issues.
38:27.3
these kinds of surveys.
38:31.3
So, if you look at it,
38:33.8
so, 70% of Filipinos
38:36.0
yung Marcos administration
38:37.0
performance on inflation,
38:38.7
concern of 70% of people.
38:42.6
net approval rating
38:43.7
on controlling inflation
38:52.3
of inflation issue.
38:55.3
And so on and so forth.
38:59.9
they're also not doing very well.
39:03.1
having said that,
39:04.1
kamusta naman yung kalagyan
39:05.4
ng ating ekonomiya?
39:06.8
if you look at 2024,
39:08.7
it's really a mixed bag.
39:10.7
And because it's a mixed bag,
39:13.1
ang maging laro dito is
39:14.9
hindi naman spinning,
39:18.2
ang maging laro dito is
39:19.6
packaging and presentation.
39:22.8
So, I'll give you an example.
39:24.0
So, this is a very interesting,
39:25.3
very interesting case.
39:27.3
nagsicheck lang ako
39:27.9
about foreign direct investments.
39:29.1
Of course, yung mga ibang kameta natin
39:30.6
na familiar kayo dito.
39:32.0
Marami tayong mga vlogs
39:33.0
about industrial policy,
39:35.0
Nakausap natin yung mga kaibigan natin,
39:39.1
I talked about my take
39:40.1
on industrial and trade policies,
39:42.3
So, we had a lot of
39:43.1
economics-related vlogs dito
39:46.5
one of our best podcasts,
39:48.5
three out of our top 20 podcasts
39:50.8
industrial policy,
39:51.7
trade policy, et cetera.
39:53.3
And the responses
39:55.3
A number of ambassadors,
39:57.8
So, thank you so much
40:01.2
Now, going back to this,
40:02.5
these are the things
40:03.0
that I find very interesting
40:03.8
in the Philippines.
40:04.4
So, I was just looking about,
40:06.7
anong kalagayan ng
40:07.3
foreign direct investment?
40:08.3
Kasi yung ating minamahal
40:09.9
ang dami niyang travels.
40:11.6
mag-travel ulit siya next week,
40:12.7
pupunta naman Vietnam,
40:15.0
So, kamasa naman?
40:16.3
almost two years na siya
40:19.8
Lampas na sa isang taon
40:20.9
since yung mga first
40:21.9
major travels niya,
40:22.9
diba, September pa lang
40:25.9
nag-New York na siya,
40:28.5
nag-Europe na siya
40:31.9
ang foreign direct investment?
40:33.7
I was just curious,
40:36.1
and then I went and said,
40:37.2
okay, let's check.
40:38.4
Kamusang latest FDI?
40:39.7
And this is the interesting
40:40.5
thing that we see.
40:48.6
Medyo deceptive, eh.
40:51.3
if you look at the
40:52.9
the title of this
40:56.6
Philippines surpasses
41:00.0
in net foreign direct
41:03.4
Tinalo natin Thailand.
41:06.2
ang Detroit of Southeast
41:16.9
ginagawa dyan sa Thailand.
41:17.9
So, Thailand produces
41:22.6
Close to two million,
41:24.9
Now, humaabo lang
41:25.5
Indonesia and Vietnam.
41:26.8
Of course, Vietnam may
41:27.4
selling brands sila.
41:28.6
And then, Malaysia naman,
41:29.5
Malaysia is known as
41:30.2
the Silicon Valley of Asia.
41:32.8
relatively wealthy country,
41:34.7
high-income country.
41:35.6
So, in two to three years,
41:36.9
Malaysia will be classified
41:37.8
as a high-income country.
41:38.9
Finally, ma-achieve nila
41:39.7
ang dapat na-achieve nila
41:46.3
their own industrial base,
41:47.6
So, aminin natin,
41:49.1
medyo malayo sila sa atin
41:52.0
some of the fundamentals
41:55.2
Industrial manufacturing capacity,
41:57.1
per capita income.
41:58.8
Thailand's per capita income
42:00.1
$7,000 to $8,000.
42:02.6
Philippines is just around
42:04.3
So, twice na mas mayama
42:05.9
ng isang average Thai
42:07.4
compared to an average Filipino.
42:09.1
So, we're roughly
42:09.8
10 years behind them
42:10.8
in terms of per capita income.
42:12.4
And then, Malaysia is,
42:16.0
So, almost three times
42:17.2
more yung per capita income nila.
42:18.8
And we're not even looking
42:20.4
of their economic growth.
42:21.4
We're not even looking
42:22.3
at income inequality.
42:24.3
developing country din silang pareho.
42:25.7
Wala sa kanya ng dalawa
42:28.2
malayang malayo sila sa atin
42:31.8
Titignan mo itong title na ito.
42:34.2
Philippines surpasses
42:35.3
Malaysian Thailand
42:36.0
in net foreign direct investments.
42:37.8
And then, like, okay.
42:45.7
kung problema natin,
42:46.9
mga kameta talaga.
42:52.2
Papakita ko lang dito
42:52.9
sa mga kaibigan natin
42:54.2
na hindi nila nakita.
42:55.0
Don't worry, guys.
42:55.5
I-upload ko rin ito separately
42:56.8
para makita nila naman
42:57.6
with the PowerPoint, etc.
43:03.1
Mga lowbat na ito.
43:09.5
Ito yung ibang version niya.
43:16.8
So, this is the other version.
43:18.4
Ito yung billionaire version ko.
43:21.3
Ito yung billionaire version ko.
43:22.6
You know, Philippines surpasses
43:23.8
Malaysia, Thailand,
43:25.0
And then, nung binasa mo...
43:31.0
nilampaso natin, no?
43:33.7
sa net foreign investment
43:35.0
ang Malaysia and Thailand
43:35.9
in the first three quarters
43:37.5
ayon sa Department of Trade
43:38.5
and Industry Undersecretary.
43:41.7
pag tinignan mo yan,
43:43.7
tinalo lang natin sila
43:49.2
nawalang investment
43:52.3
So, parang it's like a...
43:56.3
So, kung negative,
44:05.4
in their net FDI.
44:08.4
Tapos, sinabi pa dito,
44:11.4
miniminimal lang natin
44:16.1
Pero, purong negative
44:29.5
ng net FDI inflow.
44:36.2
So, mas maraming lumabas
44:39.5
last year sa Pilipinas.
44:41.1
Sa first three quarters.
44:42.8
Now, proud na proud tayo
44:57.3
So, this is interesting.
44:58.3
So, for the first three quarters
45:00.3
the Philippines net inflows
45:02.3
5.8 billion pesos
45:03.3
higher than Malaysia's
45:04.3
4.9 in Thailand's
45:12.3
the good news is that
45:13.3
that kind of makes us
45:20.3
But, alam nyo naman,
45:23.1
kung pumapasa sa Singapore,
45:24.1
usually, nadidistribute yan
45:25.1
across the region.
45:27.1
number one ang Singapore.
45:28.1
Yung Vietnam kasi nagpost pa sila
45:30.1
Yung Philippines,
45:31.1
number three tayo.
45:33.1
it's like having one eye
45:34.1
in a valley of blind people.
45:37.1
this is my problem.
45:41.1
When you look at it,
45:43.1
napaka-baba already
45:44.1
yung FDI stock natin.
45:45.1
Yung foreign direct investment stock
45:46.1
natin ay napaka-leet
45:47.1
kumpara dun sa mga kapitbahay natin.
45:49.1
mawalang sila ng,
45:50.1
10 billion last year,
45:53.1
in the greater scheme of things.
45:54.1
Dahil yung FDI stock nila
45:55.1
ay half a trillion dollars.
46:00.1
50, 60 billion lang
46:01.1
yung total FDI stock natin.
46:02.1
Kung nawalan tayo ng 10 billion,
46:03.1
ang laki ang mawawala sa atin.
46:06.1
ang mawawala sa atin.
46:07.1
So, this is what I'm saying.
46:10.1
yun ang tinatawag na
46:11.1
advantage of disadvantage
46:12.1
or something like that
46:13.1
or advantage of laggards.
46:17.1
Asian financial crisis,
46:19.1
Philippines actually,
46:20.1
suffered very low
46:21.1
reductions in its GDP
46:22.1
compared dun sa mga
46:23.1
kapitbahay natin na
46:24.1
I think 20 percent
46:26.1
But that was because
46:27.1
the Philippines was less integrated
46:28.1
and less developed
46:29.1
than its counterpart.
46:32.1
madali mo sabihin na
46:33.1
ang galing naman ng Pilipinas,
46:34.1
nilampaso natin yung mga
46:35.1
kapitbahay natin.
46:36.1
Pero nilampaso natin sila
46:37.1
kasi yun naman tayo talaga
46:39.1
we were not even there
46:40.1
in the conversation
46:44.1
medyo kulelat ka nga sa klase
46:45.1
and then bumaba yung grado mo
46:48.1
mas bumaba yung grado nila.
46:50.1
mas mataas pa rin sila sa'yo.
46:52.1
So, kung ikaw ay medyo lagart,
46:54.1
you cannot afford
46:55.1
to get into a race of,
46:58.1
race to the bottom race.
47:00.1
You have to be in a positive territory.
47:02.1
At the very least,
47:03.1
you have to be like Vietnam
47:04.1
because Vietnam is catching up.
47:05.1
Alam niyo naman ang Vietnam,
47:06.1
napakahirap na bansa,
47:08.1
dami lang crisis,
47:11.1
medyo umahabol na sila.
47:14.1
which has almost exactly
47:15.1
the same level of per capita income
47:17.1
and slightly higher than Philippines,
47:18.1
just over $4,000.
47:23.1
they're getting there
47:24.1
in that right direction.
47:26.1
yun lang sa akin.
47:28.1
my worry sometimes is,
47:29.1
ang mangyayari na lang sa atin
47:30.1
is magsispin-spin na lang tayo.
47:31.1
Eh, okay lang naman,
47:32.1
nawala naman tayong FDI.
47:33.1
Mas nawalan tayo,
47:34.1
mas nawalan yung,
47:36.1
yung kapitbahay natin.
47:38.1
pero yung mga kapitbahay natin
47:40.1
3 times more developed than us
47:41.1
at least in terms of
47:42.1
per capita income.
47:46.1
to have this race
47:47.1
to the bottom game situation
47:50.1
the slightly better news is,
47:51.1
the Philippines is expected
47:52.1
to have a decent growth
47:56.1
mukhang malabo na
47:57.1
we can sustain that
48:00.1
we have been used to
48:04.1
since 2012 onwards.
48:07.1
siguro ang growth natin
48:10.1
Better than last year
48:49.1
still we're considered
48:51.1
because yung value
48:54.8
kumpara sa ibang bansa.
49:05.2
yung kabilang bansa,
49:06.1
ang export lang nilang
49:06.8
maliit na cellphone,
49:08.1
magkasing level lang
49:09.0
yung kanilang halaga.
49:10.9
we still have to really
49:12.3
significantly develop our economy.
49:13.5
And my worry is that sometimes,
49:14.7
hanggang mga spin-spin
49:15.8
na lang gagawin natin.
49:17.4
I think it's very important
49:18.3
when we compare ourselves
49:19.1
to our neighbors,
49:20.8
we have to compare ourselves
49:21.8
to poorer ASEAN countries
49:23.1
that are growing very fast.
49:25.1
So, I think really,
49:25.7
Vietnam and Indonesia
49:26.5
are a better comparison for us.
49:27.8
And both of them,
49:29.2
on almost every front,
49:31.2
than the Philippines.
49:32.5
So, the challenge here
49:33.3
for President Morco Jr. is,
49:36.0
bahala na yung Marlika Fund.
49:37.1
Tingnan natin ang mangyari
49:37.8
dyan sa Marlika Fund.
49:38.6
But I think the challenge here is
49:39.9
to come up really with
49:41.3
isang totoong strategy
49:43.2
kung saan makonvince talaga
49:44.5
itong mga foreign investors
49:46.0
na mapunta talaga sa bansa natin
49:47.5
and to take a better
49:50.4
corruption is important.
49:51.5
We have to deal with it.
49:52.4
That's where infrastructure
49:53.0
development is important.
49:54.4
That's where regulatory
49:55.3
efficiency and all of those things,
49:57.3
red tape reduction is important.
49:59.1
But that's where also
49:60.0
it's important na may tiwala
50:02.2
sa kakayaan ng ating mga
50:05.0
in terms of long-term planning.
50:07.2
All of those things.
50:08.8
So, ito yung mga tinitignan natin
50:10.6
ngayon mga kameta.
50:12.1
Thank you very much.
50:15.3
And talk to you soon.
50:18.0
oops, I think I pressed
50:20.0
the wrong button dito sa
50:26.7
Sorry, akala ko na cut na.
50:28.1
Kasi biglang nawala eh.
50:30.0
I hope ma-appreciate.
50:30.8
Sorry, ang daldal natin.
50:31.7
Ang dami natin sinabi.
50:32.5
But don't worry, mga kameta.
50:33.9
Everything I discussed here
50:35.0
dun sa trade policy,
50:36.0
industrial policy,
50:37.1
YouTube nyo lang yan.
50:38.5
Mayroon na tayong mga analysis yan.
50:39.6
And you can Google
50:40.3
just things on your own.
50:41.8
But we'll have more discussions
50:45.8
and it's gonna be a spin
50:47.1
game in a certain sense.
50:49.0
Opposition will say
50:50.2
The other side will
50:52.7
for me, the most fundamental issue
50:54.0
is this weird situation
50:56.2
mahalaga yung inflation.
50:59.5
hindi sila natutuwas
51:00.3
sa ginagawa ng gobyerno.
51:01.3
And then 70% are okay
51:02.4
dun sa approval nila
51:06.0
So, minsan parang
51:06.8
ridiculous na rin yung mga
51:08.0
yung mga nakikita natin.
51:10.0
Not the survey method
51:17.5
to be honest about it.
51:18.8
Okay, on that note,
51:19.5
thank you very much
51:21.0
ka-Tiktokers natin,
51:25.2
I appreciate this
51:27.8
medyo late na yung ating
51:29.9
I'll try to come a little bit
51:30.9
earlier in succeeding days
51:33.5
I just appreciate na na
51:35.4
Ganon ko kayo kamahal
51:40.5
thank you very much.
51:42.0
talk to you soon.
51:43.2
And maraming salamat also again.
51:44.6
Sobrang salamat dun sa mga
51:52.5
sa Mindanao Motors
51:53.8
i-inform ko po kayo
51:55.0
kung meron tayong mga iba
51:55.9
and mag-ipopost ko rin yung
51:58.0
pinadala po natin
51:59.3
ng mga outreach program
52:00.3
and support, etc.
52:03.2
and then of course
52:03.7
kung may recommendations
52:11.6
pwede ko nangiramin
52:12.3
yung meron akong alam.
52:14.4
magbigay ka ng technical advice.
52:15.8
I appreciate that.
52:17.0
Kasi gusto natin medyo upgrade
52:18.3
yung mga ibang vlogs natin.
52:20.1
we do it as it is
52:21.0
but we wanna upgrade it.
52:22.5
thank you very much.
52:23.9
talk to you soon.
