Kurtosis

160 kph SLEX on my old Montero

6 hours ago, macbolan00 said:

"On 5/16/2022 at 8:24 AM, Kurtosis said:

Dont name drop SGV.  WTF does an audit group know about debt restructuring?  Their financial advisory practice at that point wasnt even developed.   SGV is a great firm but let's be real here.  They've had crappy audits like the P2 billion debt they missed in PLDT decades ago.  Walang saysay kung nakipag usap o hindi nakipagusap kay SGV."

What about basic reading comprehension? They were part of the group that processed and documented the property purchases. Didn't say anything about debt restructuring. Investment houses do that.

Lol.  You are the one with reading comprehension issues.  Look at the passage that I was reacting to.  Obvious kung ano reference sa SGV dun.  Kausapin mo yung poster para pareho kwento nyo o tandaan mo kung anong troll account ginagamit mo para hindi ka nalilito.

3 hours ago, silverboy123 said:

Thank you for this brother. I was just asking the original poster where he got this from coz I was going to ask my former profs in Ateneo. Will show him this as well! thanks again.

 

No worries, schoolmate.

On 5/14/2022 at 4:11 AM, hit05 said:

The problem of debt happened because the gold standard had been dismissed. The soaring of debt came from both economic growth and world military conflicts. Economic growth climbed to new highs and mining of metals just cannot keep up with the frenzy of activities too. If you do not believe, then focus on what is going on in the USA today. 

 

What is bothersome is when Marcos was ousted, the hidden wealth was well documented and appraised to be at least 10 Billion dollars, mostly in US Real Estate.  It was SGV accounting firm that leaked the amount since the purchase was assisted by their outfit.  This choice of REAL ESTATE property soared in value. By the time Marcos was in exile, then president George Bush, the father of GWB, offered to repudiate all debts of the Philippines in exchage for this set of Hidden Wealth that the PCGG had an impossible task to liquidate.

 

This offer by a sitting US President was telecast worldwide. It was on CNN news feed then. But Cory was not shrewd. If she had accepted the offer, then Filipinos would have become debt free.  As a debt free nation, we would have automatic high credit rating and Filipinos can have fresh borrowings much easier and at lower interests because they have good standing. On the other hand, the Hidden Wealth was a lot more than its value prior to 1986 and if the deal went through, it would have been profitable for Americans to have the choice collection of prime estate.  The exchange would have been clearly a win win situation. 

 

Yet Cory, without consulting at least SGV or the Filipino banker community, instantly decided to  ask for more debts WITHOUT retiring the existing debt. Her response was to ultimately add more debt burden instead. She made her decision during a recorded or HISTORICAL speech, in front of the US Congress.  In the meantime the PCGG failed to liquidate Marcos' assets. The PCGG created legal impediments by sequestration of the assets, freezing them to prevent use and disposal.  The PCGG got no provision for security and maintenance and allowed the sequestered assets to deteriorate physically over the years. From 10 Billion dollars, the assets today lost 8 Billion dollars in value due to poor security and maintenance.  Moreover the real estate bubble that happened in the 1980s burst a few times since, leaving these once prime estate collection in physical ruin and neglect and a heavy tax burden that they now ask the heirs of Marcos to pay.

Anak ng tipaklong.  Where do I begin?  Mga style Thinking Pinoy to.  Jumbled up words that seem to appear legitimate.  Pinaghalo ang facts and fiction para makauto.  May pa name drop pa ng institutions like SGV and CNN to have a semblance of credibility.  Galawang troll.

1.  Debt has been around even before the removal of the gold standard.  If you are referring to the escalation of money printing, then I agree.  Everything else is BS.

2. It is idiotic that a US president would be the one offering this.  You have to be braindead to believe this.  Most of the debts were with multilateral organizations so a US President cannot represent all the debts.  Cory had an impossible  choice of a debt moratorium or a restructuring.  The problems left her by a greedy family (which you clearly acknowledge).  She feared that reneging on the debt would completely destroy our creditworthiness for generations.  So she opted for restructuring.  And she surely consulted multiple groups. 

Dont name drop SGV.  WTF does an audit group know about debt restructuring?  Their financial advisory practice at that point wasnt even developed.   SGV is a great firm but let's be real here.  They've had crappy audits like the P2 billion debt they missed in PLDT decades ago.  Walang saysay kung nakipag usap o hindi nakipagusap kay SGV.  

3.  That last spiel on the real estate bubble.  I cannot potah lol.

And this, ladies and gentlemen, is how a propaganda machinery convinced millions of people that their thievery of US10 billion dollars over 21 years wasnt so bad.  Because hey, if a holdupper left you a few bucks so you can get home makes him a saint, despite pocketing the rest of your belongings.

Joggers.  Walang plantsahan.

Movies: The Northman, Mobius

TV: Better Call Saul

Dune: Spice Wars

Everdale

Iwanan na.

On 1/22/2022 at 1:45 PM, maskipops said:

How do I start?

Research muna sir.  Dami resources online.  I suggest the YT channel "Whiteboard Crypto" for the basics.  Once you understand the basics, open an account (Binance, Bityard etc).  There are multiple ways to fund that account.  P2P is the most convenient.  Some local banks disallow transfers to certain SWIFT codes which includes some exchanges like Binance.

McDojo

Rosal

Looking forward to Falling Frontier and Fragile Existence.

On 3/28/2022 at 5:39 PM, MartinDomingo said:

naagmimine ako ng bitcoin. worth it paabaa

Business yan bro.  Siempre batay sa gastos mo (capital at operating expenses), ikaw lang nakakaalam kung anong presyo ng bitcoin ka kumikita.

On 3/5/2022 at 8:12 AM, tombone said:

Seem Crypto is bearish it take year for it to be bullish again . have already sold or even cut my crypto since last month.

walking away . stay safe everyone

Depende yan kung anong klaseng posisyon meron ka.  Kung long only, oo medyo problema (although basag na resistance at mukha nang bumabawi).  Kung scalper ka, walang paki kung ano direksyon kahit pataas o pababa.  Puede naman short sa crypto.

Depende rin sa malls.  30th sobrang walang tao kaso maaga magsara.  Estancia light foot traffic pero ganun na yun dati pa.

Jogging for at least 20 minutes on recovery days.  At least an hour on the treadmill for workout days.

Lahat naman may issues.  Pero para sa kin BDO pinakamalala.

I use both. Depende kung san makita yung hinahanap.

Mamou's

19 minutes ago, Retirong Manyakis said:

halo

Halo din.  That first episode was great.  Some weird stuff in the fx and some wanky minor things but it was great.  Also watching Picard, Top Boy, Outlander, Billions.  Just recently wrapped up The Marvelous Mrs Maisel, Expanse, The Gilded Age.

Matters of the heart, no.  As far as purely physical preference, yes.  I prefer women taller than me.

Adizero for running.  Havent tried the new ones with carbon inserts.

3 hours ago, robert423 said:

Creed aventus

They say the original is always the best but recent bottle releases do not have the same duration.  I have this but I still end up using CDNIM.  Lasts longer and with better projection at a quarter of the price.

5110.