Isidro Ramos
10 Dec 2007

 

 

Once again for the sake of clarity, Mr. Kobayashi’s article on how the rich get richer was posted as the closest explanation and information as to the absurdity of the Philippine peso.

It does not conjure false statement or it is a tool to sell or endorse any financial or business product for monetary gain. Mr. K is no idol of mine but George Soros is, he will not certainly be ignored by any economist of any country and he is a wealth producer to many.

Now, Mr. Ceralde if you could come up with something simpler sans technical to explain the matter, please do.

Sovereign Wealth Fund does not explain to Archbishop Cruz or to SP any relevance to the peso’s inconsistency. Sovereign Wealth Fund is an up-to-date state owned financial asset management while the Central Intelligence Agency (CIA) collects data and profiles of country and their maps, rivers and topography but you lump them in as your reference for economic and financial guidance. I am confused.

Also, anyone in this world… whatever your individual standing in the community, is entitled to an opinion and if an individual feels ignored it means that you do not alarm or pose any threat to their livelihood.

Lastly, a big thank you from investors who the ride the limo to Wall St. to seek financial advice among business and financial professionals who take the subway to work.