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seneca Post time: 2016-10-28 13:56
The Philippines can also hope to get loans from S Korea, Germany, SIngapore,France, the U.K.
I w ...
As mentioned in an earlier post, 24 billion dollars is small change for China. It has spent more in a single day to support the Yuan exchange rate, even against its own interests, making its exports less competitive, and its factories, thereby, less productive. But there is no need to paint on a broader canvas some kind of a picture that originates from pure imagination, to justify the use of the paint and the time, for 24 strokes. There isn't any big picture. Let each stroke justify its own execution. Every investment must be able to reap a fair reward, and avoid excessive risk. Only then should be money be invested in it, and only then should the brush be put to the paint and run over the canvas. The result may not be some Mona Lisa, but at least, it can still be a Picasso.