Philippines 21st Economic Depression is purely mental

just went thru a book about macroeconomics...
yes, i got moments wherein people who loves me
even consider me a geek = )

but here's the thing...
no, an insight on GDP

the output
the ultimate metric
the holiest of the grail
in macroeconomics

like a 62 in golf...

if this GDP goes down
for a quarter it's called a recession
successively, they call it depression

in the world view...
a breaking news in CNN and BBC

bad... cyclically, though.

but enough of the "animal spirits"

let's talk how to increase it
first, increases in labor
second, increases in capital
third, increases in the delicate dance of the two

here's the thing

back in 1930s
USA went thru the GREAT DEPRESSION
bad...
good, too - think Cinderella Man

British Keynes in all his wisdom and smarts
explained why it happened
For Hoover and FDR were confused because
all labor and investment is primed for a leap
but nothing happened

Keynes said, "...we could not expect
to find the means to prosperity except in
hardwork, abstinence, and invention.
In fact, our predicament is notoriously of
another kind. It comes from some failure
in the immaterial devices of the mind."

Cut to - the Philippine setting...

Kapwa,
if the majority think there's no hope in La Islas de Filipinas
then, GDP is doomed.

Maybe, this is the reason why GMA
is both flourishing and floundering

the GDP numbers are good,
few are better numbers in the past decade
mind you, the numbers are true.
she is flourishing...

it just that she's not a JFK or a Clinton
no, she's a Clinton - a Hilary = )

she is having to learn how to move the nation
the mind and the hearts of the whole nation

maybe that's why we are in this funk.

but can we, as a nation out-funk our own funk?

maybe,
maybe , we are also learning how to be a nation...

so, my point -
let's help one another
turn this funk into a groove
believe...

the news are the news... it is the same since the time immemorial
its only that the actors that are different...
its only that the news writers are more creative...
but it's the same... = )

but here's where it can be new - our response = )