My Authors
Read all threads
To recap:

1. Gov put country on lockdown for 2.5 months;
2. Businesses are struggling with revenues and keeping employees, employed;
3. Gov refuses to provide backstopping and stimulus to support businesses through a recession;
4. Gov now refuses to oversee testing and health.
5. Gov has shifted focus to:
5.1 Cha-cha and lifting foreign land ownership rules;
5.2 Disaster cronyism by pushing B3;
5.3 Attacking PEZA and incentives;
5.4 Shifting incentives granting to the sole discretion of the president;
5.5 These are things China has advocated for.
China and, by extension, certain Chinese firms wanted to buy up land to develop their own industrial parks, with Chinese employees, and Chinese factories.

This was mooted by Duterte and some of his cronies previously.
Politically, it looks like there's a clear shift to seeing what can be extracted out of the last 1.5 years of the Duterte admin.

And a devolvement of responsibility for post-pandemic response. Which makes me wonder, are those with 2022 aspirations trying to protect themselves?
Economically and ethically, this is disastrous. NatGov has the resources, the reach, and the capabilities for managing national health responses that no single (or many) conglomerates can even hope to replicate.

How can MSMEs even hope to survive?
Escalate and control (preferred military-esque strategy of this admin) has always, and will, always have limits. Flexibility, creativity, ability to think outside the box for different solutions.

We've reached the limits of that strategy. And now, they're not sure what to do.
Missing some Tweet in this thread? You can try to force a refresh.

Enjoying this thread?

Keep Current with Old Man River

Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

Follow Us on Twitter!

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!