Forex-Handelsseminar für philippinische Kapitalanleger

Forex Trading in Olymp Trade for Filipinos

For traders in the Philippines who already has an account in Olymp Trade, most of them just use the digital options platform, but there is also the forex trading platform. I found an article which discusses the basics of Olymp Trade Forex. It is written in Filipino.
https://medium.com/@tanfelix1996/bakit-lumipat-ako-sa-olymp-trade-forex-at-bakit-lilipat-ka-rin-c557739b3c70
submitted by CC_trading to u/CC_trading [link] [comments]

Universal Bypass - Changelog

Universal Bypass

Changelog

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submitted by Hakorr to UniversalBypass [link] [comments]

Thoughts on eToro?

They say it is legit but I wanna know if anyone here tried etoro and I am all ears for your feedback.
My friend who is also very much into investing said it allows Filipinos to invest in Vanguard total stock market index fund which is only available in US so, we see this as a very great investing opportunity. I think they also have a platform for Forex trading and crypto trading.
What thoughts have you?
submitted by hejons to phinvest [link] [comments]

Interested in professionally managed Forex fund?

Hi all,A brokerage I am working with wants to start penetrating the philippine market. I have an account with them but I don't have enough contacts in the local space, so I'm just looking for someone who does. Or well in this case any group of people I can start building trust with and branch out from there.
The deal we want to pitch is this, Filipinos can make an account on the platform, and invest themselves, OR they can also have their account copy trades from a professional trader from the company. Seems to me lots of people are hugely interested in forex but everyone wants a "quick start" without learning properly, or they just want more diversified options rather than stocks and bonds.
DM me or discuss further here
submitted by fivefrosting to phinvest [link] [comments]

E-F 1k-5k

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submitted by j259awesome to u/j259awesome [link] [comments]

Help! My mother got scammed via UMarkets.

Posted this on scams as well but maybe folks around here can help me out. Also, I don't know how to cross post on mobile. Sorry.
TLDR: Our mom lost over $3,000 in a trading app called UMarkets. We suspect it might be a scam so we want to find out if we can recover the funds.
Update: I'd like to thank everyone who commented on this thread. You have all been very helpful. I will try later to reply to each of the comments here. But first, I'd like to clarify a few things. A couple of hours before I made this post yesterday, I finally mustered the courage to ask our mom what she was up to. Months earlier, she had ask one of our sisters to print a highly suspect document about some money she owed in some offshore bank in Belize. That rang off alarm bells among my sisters and me, unfortunately we kept tiptoeing about it.
That Saturday morning, my sister told me about the app that our mom has on her tablet, the UMarkets app. So when she came home from a PTA meeting, I asked her about the document. That's when she told me everything and how she lost her money. It was more of a heart-to-heart talk and I really just offered a listening ear. She just talked freely and truthfully about everything that happened. I warned her that her UMarkets investment might be a scam but I told her that I'll look into it further. I assured her that everything will be alright even if there was no chance of recovering the money she put in.
I guess overall she was glad to be able to get this off her chest. Apparently it's been bothering her since the beginning of this year. I told her not to put any money into the app and to stop contacting Marcus. He was still trying to convince her to buy Netflix stocks or trade other commodities like oil. But anyway, after our conversation, I decided to post here on Reddit to ask around and get any leads.
I really feel sorry for our mom. She really wants to make money on her own so much that it lead her to this. I guess deep down she just wants a bit of control over her life. She's a house-wife and our dad doesn't let her do anything that much. She has kept everything about this a secret from our dad.
This Sunday morning, I told her that after a bit of research, I can say with 100% certainty that the whole UMarkets debacle was a scam and there was no chance of getting the money back. She was still a bit in denial. We told her the only was forward was to block her credit cards, talk to someone in the bank, and try to report the incident to the NBI's cyber crime division.
So that's the end of my update.
Sorry if I sound incoherent. I just only found out about this a few minutes ago when we confronted our mother about suspicious transactions she's making. For some background, we live in the Philippines. My mom isn't fluent in English and she did not finish college. She isn't financially literate and to be honest, I'm not really well-versed in investing as well. She's a stay-at-home wife and my sisters and I still live with her and our dad. Anyway, here's a timeline of the events.
Last year September, our mom might have seen an ad on Facebook or saw a spam comment so she got interested in investing her money. She somehow got in touch with a guy named Marcus Moreno, a guy who introduced himself as a stock broker based in the UK. He's Filipino so my mom and him often chat through Skype in Filipino. From my understanding he's the one who walked our mom through the whole process of buying and selling stocks on UMarkets.
Around September 2018 she made an initial investment of USD 3,750. We don't have that kind of money so she used her credit card and pawned off her jewelry to pay for it. Her stock broker set her up to buy and sell currencies (USD, AUD, JPY if I remember correctly). Her initial investment got wiped out thid January 2019 because, according to Marcus, the yen dipped in value. Her account in UMarkets is blocked for now.
This is where it all goes weird for me. I'm not sure if it's because I find it hard to understand the situation or of our mom is having a hard time explaining it. She says Marcus told her that if she wants her money back, she has to make another deposit of USD 1,000. If she doesn't do anything, the USD 3,750 will be lost forever.
She googled UMarkets scam and managed to contact a website called MyChargeBack.com, which seems to me specializes in dealing with recovering money lost in forex scams, etc. In an email from the website, they want to redirect her to Dispute2.com, which I'll be looking into in a while.
To be honest, I really don't know what to do or who to run to. I just wanna help our mom sort out this mess. I appreciate any help or advise that we can get.
submitted by jcw5000 to phinvest [link] [comments]

Going to Manila with my Filipino GF for the first time

Hi, I met my girlfriend almost two years ago over the internet while she was working as an Au Pair in Norway, while I live in Sweden (and am a Swedish citizen). We met a month later in person and it was love at first sight :) Now she works in Denmark, and I still live in Sweden. So we've been having a long-distance relationship the whole time, only seeing each other once a month or so.
Anyway, during summer we are both free and are able to spend more time together, this summer we're going to do something really exciting/scary: Travel to the Philippines (well for me it's a bit scary anyway...). That means I'll meet her family for the first time, and that is the main reason I'm writing here. I wanted to ask some real people about it, so if you have time could you please give me some advice?
Like: what should I do, and what should I NOT do? Should I bring gifts? How big is the risk that they wont like me because I'm a foreigner?
Sorry for the long message!
(ps. if anyone is wondering: I'm 24 and she's 21)
submitted by CentralSky to Philippines [link] [comments]

ReBit having problems finding bagholders in the Philippines

ReBit having problems finding bagholders in the Philippines submitted by KenYN to Buttcoin [link] [comments]

To All Umarkets Forex Victim

Umarkets (Umarkets.com) is a Forex Trading platform which is not included in the Top forex brokers International.
Filipinos who represents "BrokeAgent" posing as they are headquartered in London was enticing Filipinos to deposit money to believe they will profit from the platform. After deposit they will make up stories in regards to unable to withdraw or get their money back.
submitted by Pretty_Aspect to Philippines [link] [comments]

My mother got scammed via UMarkets

TLDR: Our mom lost over $3,000 in a trading app called UMarkets. We suspect it might be a scam so we want to find out if we can recover the funds.
Sorry if I sound incoherent. I just only found out about this a few minutes ago when we confronted our mother about suspicious transactions she's making. For some background, we live in the Philippines. My mom isn't fluent in English and she did not finish college. She isn't financially literate and to be honest, I'm not really well-versed in investing as well. She's a stay-at-home wife and my sisters and I still live with her and our dad. Anyway, here's a timeline of the events.
Last year September, our mom might have seen an ad on Facebook or saw a spam comment so she got interested in investing her money. She somehow got in touch with a guy named Marcus Moreno, a guy who introduced himself as a stock broker based in the UK. He's Filipino so my mom and him often chat through Skype in Filipino. From my understanding he's the one who walked our mom through the whole process of buying and selling stocks on UMarkets.
Around September 2018 she made an initial investment of USD 3,750. We don't have that kind of money so she used her credit card and pawned off her jewelry to pay for it. Her stock broker set her up to buy and sell currencies (USD, AUD, JPY if I remember correctly). Her initial investment got wiped out thid January 2019 because, according to Marcus, the yen dipped in value. Her account in UMarkets is blocked for now.
This is where it all goes weird for me. I'm not sure if it's because I find it hard to understand the situation or of our mom is having a hard time explaining it. She says Marcus told her that if she wants her money back, she has to make another deposit of USD 1,000. If she doesn't do anything, the USD 3,750 will be lost forever.
She googled UMarkets scam and managed to contact a website called MyChargeBack.com, which seems to me specializes in dealing with recovering money lost in forex scams, etc. In an email from the website, they want to redirect her to Dispute2.com, which I'll be looking into in a while.
To be honest, I really don't know what to do or who to run to. I just wanna help our mom sort out this mess. I appreciate any help or advise that we can get.
submitted by jcw5000 to Scams [link] [comments]

Two months after we launched REBIT, we're busting through targets with time to spare, with no formal marketing push. This is why we believe Bitcoin's best use case right now will be the $500 Billion remittance market.

When we launched REBIT less than two months ago, we had humble expectations. With only social media and Reddit as a marketing platform, we went ahead and just did it. Beating our expected target in the first month was great, but we just passed our higher targets for our second month with a week to spare.
It just makes so much sense to use Bitcoin in an environment like the Philippines, and other high-remittance, highly populated developing countries. This country receives $25 Billion a year from over ten million Filipinos working abroad to support their families. The infrastructure for remitting money within the Philippines is very robust, with remittance centers literally everywhere you go, sometimes 3 or 4 establishments just beside each other. It is like Starbucks in Vancouver multiplied by three. It is cheap too.
The biggest cost to these people sending money home is the international remittance. Bitcoin absolutely kills this in every aspect. People will be arguing here about how the exchange spread adds to the cost, but these people also get hit by the forex spreads in traditional remittances. Bitcoin remittance, or what we like to call REBITTANCE, is far superior to any other money transfer service, as long as it is done right.
Can any traditional money transfer outlet send $25.00 internationally and charge 1%? We do, and we see a bunch of those small remittances coming through. Paying your outsourced talent in the Philippines? Bitcoin makes it easy and fast, and we are getting a big chunk of our volume from these guys.
Instead of 10% of the $25 Billion going to the pockets of these big companies, we can reduce this to 1% and allow this extra $2 Billion to go circulate in the economy again. These users we have now have figured this out, and we think it is only a matter of time before more people understand this and start using Bitcoin this way.
Edit: a word
submitted by Godfreee to Bitcoin [link] [comments]

Andanar's and Ablan's ~~brain farts~~ speeches in London

Salamat the thread: https://twitter.com/JRDCastillo24
Andanar claims many families of OFWs become dysfunctional due to drugs.
Andanar claims that the govt spoke w/ 150 OFWs in Dubai who were maltreated by their employers. Dubai OFWs earn up to 1500 dirhams only.
Andanar: Most of you here in the UK are from middle class families. He said OFWs in London are lucky and have better wages.
  • ...
Andanar enumerated the latest SWS&PulseAsia surveys and said that Duterte is supported by a great majority of the Filipinos.
  • The SWS Survey showed a drastic drop in both approval and trust ratings for the president.
Andanar calls @TrillanesSonny & @SenLeiladeLima as “maiingay”. He asked: Bakit hindi nakukulong si Trillanes? Crowd erupts in laughter. Andanar claims that Trillanes is not in jail because Duterte respects his freedom of speech.
Andanar: Kung maingay si Trillanes, mas mag-ingay din tayo. Kung ginagago ni Trillanes ang pangulo, gaguhin din natin siya.
Andanar talked about planned destabilisation against the Duterte government and cited EDSA 1 & 2 as examples of destabilisation. Martin Andanar, head of the PCOO, calls EDSA 1 & 2 as destabilisation.
  • Uh. Ano daw ulit sinabi niya? Did he forget that EDSA 1 gave rise to Duterte in politics?
Andanar: Kaya nga kayo nag-Brexit di ba dahil wala na kayong tiwala sa EU? Hindi kami nakikialam sa EU, bakit sila nakikialam sa atin?
Andanar to EU: Bahala na sila sa buhay nila. Mag-iyot na lang sila. Crowd laughs and chants “Duterte! Duterte!”.
  • Pag kabastusan, si Duterte agad ang tinatawag. Bakit kaya?
Andanar: Napakagaling ng ating pangulo. Siya lang ang pangulo sa SEA ang naka-talo sa ISIS in 140+ days. Andanar claims that Duterte managed to defeat “ISIS & Maute” even though the terrorists were supported by ISIS in the middle east.
  • Thank you brave men and women of the AFP. Duterte didn't fire a single shot towards the Maute. And is in fact on record telling the Maute to burn Marawi
Andanar: Yung mga maiingay na pala-iyot, ang problema sa kanila hanggang ingay lang. Wala naman silang napatunayan.
  • ...
Andanar: Yung mga Prime Ministers and Presidents of other countries are all supportive of President Duterte.
  • Teka, diba galit kayo sa EU kasi nakikialam?
  • READ: Other countries = China.
Andanar: Yung mga nasa baba lang ang maiingay dahil nga kulang sila sa iyot.
  • ...
Andanar enumerates all SEA countries and said that all those countries have no complains about President Duterte.
Andanar: Donald Trump believes in President Duterte.
Andanar: Agrabyado tayo sa Western media. Wala tayong pera. Ayaw gumastos ni presidente sa PR.
Martin Andanar thanks Malcolm Conlan, an ambulance crew in the UK, for his support of President Duterte.
  • Libre yan, hindi katulad ke sass. Pero akala ko ba ayaw niyo ng may foreigner na nakikialam?
Andanar on @TrillanesSonny: Panahon pa ni Gloria, inaway niya. Inaway nyasi Angie Reyes. Walang nirerespeto si Trillanes.Aabutin din ng karma si @TrillanesSonny. Kakarmahin din yan. Yung kanyang bunganga, hindi talaga mapigilan.
  • Wag pahalata Andanar.
Andanar said the government is doing its best to reform the country for the betterment of all.
Andanar: Kapag mga dilaw at si tita Cory ang nag-RevGov, ok lang. Kapag ang gobyerno ngayon ang mag-RevGov, ayaw nila. Double Standards.
  • Wag tanga Andanar. The RevGov under Cory was a necessity, designed to bring the Philippines back to democracy after Marcos's Martial Law. Ilalagay mo ang powers na yan kay Duterte? Magisa ka.
Andanar claims that a lot of the problems the government is solving now like the MRT and Yolanda housing were made by the previous admin.
  • Which Duterte said was EASY TO SOLVE, tapang at malasakit (political will) lang ang kelangan.
Andanar claims P800k was used to build Yolanda houses while the current government spent only P200k for Marawi temporary housing.
Andanar: Mismanagement like Yolanda will not happen under this government.
  • So how is Duterte managing the War on Drugs? the MRT?
Andanar: 3k deaths are from legit police ops. 10k deaths, halo-halo na yan.
  • ...
Andanar: Bine-brainwash tayong lahat ng media sa ating paligid. They don’t want to believe the PNP. They have a different agenda.
Andanar: Media is turning a blind eye on the truth.They simply don’t like Du30. Liberal-left don’t want him, maybe they’re hiding something.
  • Ang daming tao ang "don't like Duterte." Natanong mo na ba sa self mo bakit?
Andanar hits Human rights groups. He claims they’re more concerned with the human rights of Maute and Hapilon.
  • ...
Andanar: Duterte doesn’t like legalisation of drugs. He doesn’t want the country to go to the dogs.
Andanar: Itong Human Rights, ayaw ipaglaban ang human rights ng mga pulis at sundalo. May kinikilingan ang human rights.
  • ...
Now it's Kris Ablan's turn.
Kris Ablan: Get your facts/news from PNA, PIA and PTV.
  • Diosko Lei, please reangle this!
Kris Ablan: @nytimes didn’t publish our point by point responses to the negative articles they wrote about President Duterte.
  • Maybe it's because the NYT doesn't publish lies? Baka lang ha, di ko sure.
Kris Ablan said that Press Attaches will be reactivated in London, US, Singapore and Middle East once they get the budget.
  • Fire Mocha and Badoy, para mas maraming ma-reactivate na press attaches.
Kris Ablan said that the govt is doing consultations across the country about federalism but the media isn’t reporting it comprehensively.
  • Kasi wala naman. Bakit di kayo magreport, di ba, PNA, PIA, and PTV. hahahaha Kahit state controlled walang reports di ba? Edi wala.
submitted by merdionesmondragon to Philippines [link] [comments]

ForexPhilippines has been created

A circle of Filipino Forex Trading, both newbies and seasoned traders. A group for sharing trading ideas.
submitted by fxfledgling to ForexPhilippines [link] [comments]

studying abroad soon, need tips

Hello guys! I'm going to study in France this January. I was just wondering, what credit/debit card would you recommend that offers the best FOREX rates or rewards, etc. Also, what is the best way to send money from the Philippines to France? I'm going to be staying there for half a year, so opening a bank account is an option as well. I'm currently at a loss with regard to managing my finances since it's my first time to spend an extended period in a foreign country.
Also, general tips when it comes to studying abroad (especially as Filipino woman hehe) would be very much appreciated. Like things to buy here that might be expensive there, places to visit in Europe, how to save money, unique travel advice haha. Thank you very much and have a nice day! :)
submitted by alexa0508 to Philippines [link] [comments]

11 hour overnight layover in Taipei... tips?

Hey all, I have an 11 hour overnight layover in Taipei in October landing 10pm and flying out at 9am. I was wondering if you think the following itinerary is doable/preferrable and if you have other suggestions on how to make the most of this trip.
10pm>10:30pm - land, go through immigration
10:30>11:00pm - store luggage, find taxi
11:00>11:30pm - taxi to Tonghua Night Market
11:30>1:30am - eat/drink at Tonghua Night Market
1:30>2:30am - walk around/drink in Daan, walk towards Eslite Bookstore
2:30>4:00am - hang out at Eslite.
4:30>5:45am - go to Yonghue Doujiang Da Wang, eat breakfast.
5:45>6:45am - taxi to airport
6:45>7:30am - get luggage, go to security
7:30>8:00am - through security
8:00>8:30am - ready to board.
Notes: - I'm a US citizen of Filipino descent. I speak English and Tagalog only.
Questions:
1) Any comments/criticisms about my plans?
2) I'm looking for a bar to go to after the night market. Suggestions? I'm thinking of Monomono and Tickle My Fantasy, but I'm looking for more of a beer bar than a cocktail bar (don't wanna get too wasted or spend too much)
3) How much should I expect to pay for the taxi ride to/from the airport?
4) For the taxi back, will it be hard to get a cab at 5:45 in the morning?
5) From the airport, do I just tell the taxi "Tonghua Night Market" and on the ride back, do I just say "Taoyuan Airport?"
6) How much cash should I expect to exchange? I'm planning on eating and drinking only, along with taking the taxis.
7) Is there an ATM or Forex at the airport?
8) Will it be safe to be roaming around at night if I stay on the main streets mostly? I will be using my offline GPS to find my way around.
submitted by deerseason to taiwan [link] [comments]

[Meta] Unofficial Philippines budget 2030

[M] Custom budgets are apparently no longer allowed, but I'm posting this anyway as it has useful information.
PHILIPPINES BUDGET 2030
GDP: $732,426,545,940
GDP growth: 4.25%
Population: 130,417,780
Population growth: 1.72%
GDP per capita: $5616.00
Revenue: $139,161,043,729
Revenue as % of GDP: 19%
SPENDING OF REVENUE:
Department of Education: $22,500,000,000 (16.16% of budget)
Department of National Defense: $18,500,000,000 (13.29% of budget)
Department of Health: $16,500,000,000 (11.86% of budget)
Department of Public Works and Highways: $15,500,000,000 (11.14% of budget)
Department of Interior and Local Government: $10,250,000,000 (7.37% of budget)
Department of Social Welfare and Development: $9,250,000,000 (6.65% of budget)
Department of Agriculture: $3,750,000,000 (2.69% of budget)
Department of Finance: $3,750,000,000 (2.69% of budget)
Department of Transportation and Communications: $3,750,000,000 (2.69% of budget)
Department of Science and Technology: $2,750,000,000 (1.98% of budget)
Department of Environment and Natural Resources: $2,750,000,000 (1.98% of budget)
Energy Transition Plan: $8,000,000,000 (5.75% of budget)
Debt servicing: $10,600,000,000 (7.62% of budget)
Foreign Exchange Reserve Deposit: $11,311,043,729 (8.13% of budget)
New Gross Debt after payments: $0
Debt as % of GDP: 0%
Spending of foreign exchange reserves from 2029:
$2,761,000,000 exchanged for gold
$11,311,043,729 deposit from budget
New foreign exchange reserves: $22,831,506,753
Gold reserves: 1402.2 tons
Due in part to the continued Chinese recession as well as the lowering of taxes, the budget has remained stagnant from 2029, sparking concerns that continued Filipino growth may not be something to take for granted. President Cojuango has downplayed criticisms, noting that the Energy Transition Plan is finally complete and will free up funding that he vows to redistribute appropriately.
At the same time, the Philippine has achieved enough gold to match the value of its predicted narrow stock of money, M0, allowing for the rebuilding of the nation's dramatically depleted foreign exchange reserves. Though the gold itself largely deters currency attacks, the Chinese recession has made it harder for the Philippines to maintain a positive trade balance, giving higher priority to forex account deposits than what had originally been intended.
Growth rate modifiers are decaying by 0.05 per year. 6.0% as base growth as a fast developing nation + 0.20% residual growth for FLNG upgrade + 0.10% residual growth for previous FLNG upgrade - 2.15% due to Chinese recession + 0.05% residual growth from industrial stimulus plan + 0.05% increase in construction/tech sectors from large PNET project
submitted by varianlogic to Geosim [link] [comments]

FML, and thank you Reddit.

So here is my story. Sorry for grammar and spelling. (i'm a filipino posting this on a mobile phone)
I used to be so a guy who always smiling, always happy, always content with what I have.
But then everything starts to break apart, and it started 4 years ago. It started when my eldest brother was diagnosed with cancer. I can't believe it because I know my brother didn't deserve it cause he is a loving brother (he saves some of his money so he can buy me some gadget on my birthday, cause my parent never do that)...
My brother keep his illness to himself until my mom notice something is not right with him. My parents try to save/lend money for my brother but my brother didn't want it and keep insisting he don't need the money.(he don want my parents spend mkney for his hospital bill) .... My brother stay home without taking medicines or even supplement(he don't want it cause he knew he will die anyway). I stop working and stay home to assist my brother, reddit... I witness all my brother's pain and suffering from cancer tillihos last breath. During his last day of funeral people gave him standing ovation cause his friends told us he deserves to be praised for what he did when he was alive... My brother died at the age of 30 on my Father's birthday
After a couple of months our family thinking that everything will be ok now. Well it was... I start making money by selling stuff online or trading forex. My Parent start water refilling station, farming and raising pig as our family main source of income. My younger brother was hired by american company.
Then 6 after my Brother's death, everything start to fall again but this time it's more depressing. Our family business bankrupt, my Dad suffer from heart disease which need a new heart valve. My brother got fired by his company (the problem is he already got his own family now) *what . I see my mom always crying because of these problem...
And me I've been a victim of scam and lost everything. I also post some story on reddit before about my MacBook Pro stop working (apple said that the repair cost $1000 which is too expensive)... so I bought a cheaper laptop. I start learning rails so I can create all the flooding concepts of social and business apps inside my head.
Then my laptop got broken again... This time I got nothing(i'm totally broke), and I'm only using my phone to check email or browse the web.... But I wanted you to know...
reddit I'm still happy that I can browse you on my phone natively (iReddit). I wanted to tell you that despite of all the challenges in my life, you still manage to removed all my sadness especially when I see some funny pics or see interestig stuff related to I.T., And I successfully had my first redditgifts and I received an awesome book (to the person who receive my gift, I'm so sorry that the game I was making to include on your /books have not been finish because of my laptop)...
Redditor please keep posting new interesting stuff, and not reposting or overusing the meme... these gives me headache
submitted by gnetro to reddit.com [link] [comments]

[Budget] Philippines budget 2036

Class IV Budget
Category Percentage Allocated Funds
Department of Education 18.64% $36,500,000,000.00
Department of Health 14.30% $28,000,000,000.00
Department of National Defense 11.24% $22,000,000,000.00
Defense Research & Procurement 1.69% $3,300,000,000.00
Department of Public Works and Highways 10.47% $20,500,000,000.00
Department of Social Welfare and Development 7.15% $14,000,000,000.00
Department of Science and Technology 7.15% $14,000,000,000.00
Department of Interior and Local Government 6.38% $12,500,000,000.00
Department of Agriculture 4.34% $8,500,000,000.00
Department of Transportation and Communications 3.19% $6,250,000,000.00
Department of Finance 2.68% $5,250,000,000.00
Department of Environment and Natural Resources 2.17% $4,250,000,000.00
Energy Transition Plan 4.09% $8,000,000,000.00
Foreign Exchange Reserve Deposit 6.52% $12,756,899,503.36
New foreign exchange reserves: $52,702,707,760
Maximum Gold reserves: 1674.3 tons
Maximum M0 : 3,343,346,430,000 PHP
These two values exist in an undefined equilibrium due to the gold standard. Some portion of the printed PHP is temporarily out of circulation after being exchanged for gold, and likewise some portion of the gold reserves is currently circulating in the economy. With growing forex reserves and no balance of payments crisis in the foreseeable future, it is unimportant to establish the exact figures.
Notably, the GDP has finally reached $1 trillion, adding the Philippines to an exclusive club of nations and the largest in ASEAN after Indonesia. With the impending unification of Mueang Thai with Laos and possibly Yunnan, the Philippines will have to work hard to retain this status in future years, though friendly competition is always welcome.
Market confidence has also recovered from the uncertainty revolving around the Chinese occupation in light of the world class mineral deposits uncovered in the Zimbabwean Plateau of South Africa by Filipino surveyors. With a perceived lack of outside interest in mining these deposits, the Philippine government has suggested it may develop a majority of them itself via state capitalism in cooperation with South Africa, potentially offsetting the impact to the budget of decreased taxes as part of ongoing minimum wage reform.
Growth rate modifiers are decaying by 0.05 per year. 6.0% as base growth as a fast developing nation + 0.05% residual effect of market rally from Sabah annexation + 0.10% estimated increased trade due to original CPS treaty + 0.30% from huge contracts to build MNET-ENet-CNet across most of Latin America + 0.05% stock market bump from discovery of vast Zimbabwean riches.
submitted by varianlogic to Geosim [link] [comments]

[Budget] Philippines Budget 2030

PHILIPPINES BUDGET 2030
GDP: $732,426,545,940
GDP growth: 4.25%
Population: 130,417,780
Population growth: 1.72%
GDP per capita: $5616.00
Revenue: $139,161,043,729
Revenue as % of GDP: 19%
SPENDING OF REVENUE:
Department of Education: $22,500,000,000 (16.16% of budget)
Department of National Defense: $18,500,000,000 (13.29% of budget)
Department of Health: $16,500,000,000 (11.86% of budget)
Department of Public Works and Highways: $15,500,000,000 (11.14% of budget)
Department of Interior and Local Government: $10,250,000,000 (7.37% of budget)
Department of Social Welfare and Development: $9,250,000,000 (6.65% of budget)
Department of Agriculture: $3,750,000,000 (2.69% of budget)
Department of Finance: $3,750,000,000 (2.69% of budget)
Department of Transportation and Communications: $3,750,000,000 (2.69% of budget)
Department of Science and Technology: $2,750,000,000 (1.98% of budget)
Department of Environment and Natural Resources: $2,750,000,000 (1.98% of budget)
Energy Transition Plan: $8,000,000,000 (5.75% of budget)
Debt servicing: $10,600,000,000 (7.62% of budget)
Foreign Exchange Reserve Deposit: $11,311,043,729 (8.13% of budget)
New Gross Debt after payments: $0
Debt as % of GDP: 0%
Spending of foreign exchange reserves from 2029:
$2,761,000,000 exchanged for gold
$11,311,043,729 deposit from budget
New foreign exchange reserves: $22,831,506,753
Gold reserves: 1402.2 tons
Due in part to the continued Chinese recession as well as the lowering of taxes, the budget has remained stagnant from 2029, sparking concerns that continued Filipino growth may not be something to take for granted. President Cojuango has downplayed criticisms, noting that the Energy Transition Plan is finally complete and will free up funding that he vows to redistribute appropriately.
At the same time, the Philippine has achieved enough gold to match the value of its predicted narrow stock of money, M0, allowing for the rebuilding of the nation's dramatically depleted foreign exchange reserves. Though the gold itself largely deters currency attacks, the Chinese recession has made it harder for the Philippines to maintain a positive trade balance, giving higher priority to forex account deposits than what had originally been intended.
Growth rate modifiers are decaying by 0.05 per year. 6.0% as base growth as a fast developing nation + 0.20% residual growth for FLNG upgrade + 0.10% residual growth for previous FLNG upgrade - 2.15% due to Chinese recession + 0.05% residual growth from industrial stimulus plan + 0.05% increase in construction/tech sectors from large PNET project
submitted by varianlogic to GeosimBudgets [link] [comments]

the shitstorm in my head pt.2

previous wall of text: ^
be forwarned, it really is a wall of text. And probably this part too.
I'm still a wreck most of the time.
Right after I wrote all of that I was kinda ok, but the high didn't last too long
Earlier this week my ex-GF had deleted some intimate photos of us on our private FB page. No, not nudes, just some lame as couples things. That stung. I didn't even get a chance to save them. Is that creepy? Because I don't think so. I'm in those photos too. Nonetheless, they are gone. Then I ran into my ex at work and she didn't even want to look at me. Even when I called her her name. That really stung. I suppose I deserve it, but that really hurt me. And here I thought we had parted in a somewhat amicably and can be friends. It looks like I hurt her more than I thought I did.
In that two second encounter, I felt my self worth diminish like zimbabwe dollars at a forex.
I know I no longer have feelings for her, but I don't want to feel unloved by her. I know it's unfair, and that is why I broke it off.
About Jane, Bob, and Mary.
Looks like they got their heads straight and talked it all out. As expected, Bob is a two-timing douchebag.
I talked in secret with three other people about the situation and it's fucked up. I feel for both the girls.
Mary, she's a good and kind girl and she doesn't deserve this shit. She's a young religious kid, and from what was told to be she had already introduced Bob to her parents. Huuuuuuuuge deal for her.
Bob... I can only say he should thank his lucky stars. The two girls he fucked with has a lot of 'big brothers', including me, who would not bat an eye at roughing him up. Or breaking a few bones. Let me tell you something: watching a lot of CSI, Criminal Minds, and Psych, I got a few things I want to do to him.
I am glad he has been exposed for what he is, and the girls are well aware of it.
I'm especially glad for Jane.
I still can't stop thinking about her in that light. I know I shouldn't do shit about it. It's probably a passing fancy. It's most likely me wanting someone to want me again, since I just broke up with my ex. But her eyes and her lips and her laugh is haunting me.
Now. I work as one of two IT personal in a somewhat large company. If one of us is gone the workload is just too much. My partner just told me that he will be taking an extended vacation and very possible needing to quit too. I'm fairly certain he's found another job.
I am way out of my league with this. I'm a technical kinda person. Give me a few dozen machines to fix and I'm ok with that. But the maintenance for this company is too much for one person to handle. The whole god damn thing is just one poorly deployed network and patch-up fixes over the years. Add the fucking people who actually use the damn thing: Koreans who think so full of themselves that are allowed to do everything they want like personal wifi hotspots connected to the company network. Indians that can't function if one icon is gone from their computer. Filipinos who can't fucking figure out that the damn printer is not working because they keep printing a page with a different size paper than what the machine has (so of course it's gonna stop and require user intervention for what kind of paper to use). These people should not have the salaries they are given at the end of the month.
And my partner. Really, I try to look at the good of people and not look at their bad sides. But now he's really skating on thin ice. The reason I'm not aware of the shit he does is because he has never shared it. Seriously. It's not lie division of labor. I literally cannot do what he does because he never taught me. I guess trying to secure his position in the company but god damn his cow worshipping muslim ass shit cannot get done in a timely manner because of his shenanigans.
Bottomline, this is just way too much stress for the small span of time it was all thrown in my face.
I may have to decide to quit as well. There's just too much shit going on in this workplace.
Even if I have to travel back and work again in my home country I would be OK with that.
God damn it, I thought typing all of this would make me calmer and get my head cleared. I'm more pissed now compared to when I started writing
submitted by brokenguitarstring to offmychest [link] [comments]

Forex Trader Philippines, Welcome New Members! How to become a Forex Trader in the Philippine Full Guide ... Filipino Forex Trader - YouTube Forex Trading in Tagalog / Filipino Forex Trading in the Philippines  My 1st Week of Trading ...

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Forex Trader Philippines, Welcome New Members!

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