Category Archives: Economy

June 15, 2024: Doomsday For The Philippine Economy!

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Critics of the administration have declared June 15, 2024, as “OFW Non-remittance Day,” urging Overseas Filipino Workers (OFWs) to withhold sending money to their families for 24 hours. The predicted economic apocalypse? Well, brace yourselves for… nothing. 

First, no devoted OFWs would deprive their family of essential funds just to make a political point. Moreover, the date itself is laughable—most OFWs remit funds at the beginning or end of the month, not smack in the middle. 

The last time this genius strategy was attempted, during the late PNoy’s administration, it was scheduled at month’s end and still flopped spectacularly. 

The only ones not getting the memo are the critics, who are desperately clinging to the belief that this symbolic gesture will hurt the economy and embarrass the administration.

Spoiler alert: it won’t. The most likely impact? A few chuckles from OFWs who know better.

Actress-Model Heart Evangelista Vindicates Anti-Poverty Czar Larry Gadon!

In a dazzling display of opulence, actress-model Heart Evangelista , wife of Senate President Chiz Escudero, recently stood by Larry Gadon’s declaration that poverty in the Philippines is merely a figment of imagination (haka-haka). 

Evangelista, flaunting her collection of luxury handbags—including a Louis Vuitton rattan handbag worth nearly half a million pesos—proved Gadon’s point perfectly. Her Instagram post, showcasing her international shopping sprees and designer items, clearly illustrates that poverty must be a myth perpetuated by those who simply don’t know where to shop. After all, if such extravagant wealth is so accessible, Gadon’s role as the Anti-poverty Czar seems redundant. How can one alleviate an issue that doesn’t exist? 

Indeed, Evangelista’s lifestyle suggests that perhaps the real issue lies in people’s reluctance to embrace a more imaginative view of their financial status. With such convincing evidence, who could possibly argue against Gadon’s enlightened perspective?

Adobo Chronicles Responds To Secretary Larry Gadon (video)