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Are you for or against the Maharlika Fund that the Congress are currently proposing?

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jmaxxx143

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I have heard a lot of thoughts regarding the matter from experts on TV and Social Media. But I also want to hear what you guys think.
Note: Please, let's try to be objective about the discussion. Point out why you are for it or against it, its pros and its cons, then lets synthesize to arrive at a better conclusion within ourselves.
Red flag to mga lods. The economy is in shambles dahil sa COVID. Nobody in their right mind would try to salvage what is left of the government funds at invest it sa businesses that is ALSO reliant sa economy. tsaka ung fund managers are not even impartial, congreso pipili nun.
 
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warhog

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I'm against it. Baka maubos ang pera ng gobyerno since hindi naman ito sureball na magkaka ROI. Baon na nga tayo sa utang, baka mas lalo pa tayong lumubog pag nagkataon.
 
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Against, di nga maspecify saan kukunin sa Landbank and forgot the other one. Kapag Malabo, it's a scam
 
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jaetor

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The idea of a sovereign wealth fund is good. If managed correctly, this can be very beneficial to a country (see Norway's). However, I have zero trust in the capabilities of our current government; I have even less trust as to their actual intentions for the fund. Most likely it will line their pockets, not ours.
 
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Itsmehi

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I have heard a lot of thoughts regarding the matter from experts on TV and Social Media. But I also want to hear what you guys think.
Note: Please, let's try to be objective about the discussion. Point out why you are for it or against it, its pros and its cons, then lets synthesize to arrive at a better conclusion within ourselves
Against me, di maganda timing nito lalo marami utang bansa, thus medyo sketchy na hindj magaling sa finance hahawak kaya no ako dito, maybe if makabangon economy
 
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shaquoy

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With the way the state of affairs is, I'm against it. Imagine, ekonomiya ng buong mundo is bagsak because of many factors (Russia-Ukraine War, COVID-19 pandemic) pero pinu-push pa rin talaga.

Just yesterday, binalita na yung Sovereign Wealth Fund ng Norway (which is the largest in the world) lost $164bn. Lugi na nga lahat, may pandemya pa, ang mahal pa ng sibuyas, tapos yan inaatupag nila. Sobrang wrong timing lang.
 
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