Pacquiao To Retire in 2007?

[grayfist]

I grew up in Jamaica and the reason why the exchange rate baffles people is really beyond me. In Jamaica $1 american is equal to $60 Jamaican currency. Holy ****?! People are rich there if they bring American money, right? No.

In poor economies things are actually more expensive. For instance, a loaf of bread might cost $150 Jamaican. One loaf. That's over $2 American...which is more expensive than your local supermarket's value brand.

Houses cost millions of dollars Jamaican, etc. So you really aren't any more wealthy there...get me?

I can't speak for the Philippines or Asian countries, but that's how it is in the Caribbean.

Inflation may occur globally or in specific countries. Thus, prices of goods and services vary.

Several factors influence prices.

The Carribean mostly relies on tourism as foreign-exchange earner. The Philippines has a lot of exports (gold, abaca fiber, copper, etc.) added to tourism. It also has a vibrant Call Center (it is reportedly behind only India and one other country) industry alongside other services (e.g., Medical Transcription) that cater to the out-sourcing needs of the U.S., Canada and Europe. Overseas Filipinos also send home dollars, thus, helping dampen inflationary forces and strengthening the country's economic fundamentals.

Exchange rates are only one of the indicators of economic performance. They are not the be-all and it-all. China is the fastest growing economy but you have to have a sackful of Yuan (not really Terdsack ) to exchange for a fistful of dollars.

Some years back, a Filipino wrecked havoc on computers worldwide by authoring a virus that had even the Pentagon going batty. Although I donot now remember the name of the virus, I can recall that the guy was merely a computer programming student in a minor school in Manila who had too much time to spare. This fact, added to the consistent performance of University of the Philippines and De la Salle University kids reaping top honors in worldwide robotics competitions, may be seen as an indication of the adeptness of Filipinos in technology. In this modern age "Knowledge Economy" that has to count for something.

It has been said that Filipinos are their own greatest resources. I do not see anything to make me think otherwise.

If only their politicians can get their act together...

[Dorian]

wow Pacman!

[czars_salad]

my hero??LOL! haahah bish please, you guys act like we only got 1 fighter from our country like you guys. Oh your job is pretty much done cause you wont be able to interview your boyfriend lol. Thats good tho you wont have a heart attack anymore. LOL

here comes xcariot

[miron_lang]

huh wtf? Retire already? what a ****ing piece of ****. He better face someone on their PRIME before that ***** retires.

HAHahahaahaha

thanks for this bro. LOL

[grayfist]

For Pacquiao, a fight against Diaz should be an interesting prospect that should be seriously considered for history-making purposes. There has not been a Filipino who ever won any version of the world LIGHTWEIGHT title.

There have been Jr. Welterweights (Adigue, Cruz, West. etc.), Jr. Lightweights (Elorde, Villaflor, Navarette, etc.), Featherweights....

There was even a Middleweight (Ceferino Garcia), but no Lightweight.

Elorde tried it twice but failed each time in the hands of fellow- Hall enshrinee, Carlos Ortiz.

[Fight_Nightx]

He knows Valero is gonna be champ this weekend and is going to absolutly destroy everyone at weightclasses near 130. (I'm a believer!)

[miron_lang]

Inflation may occur globally or in specific countries. Thus, prices of goods and services vary.

Several factors influence prices.

The Carribean mostly relies on tourism as foreign-exchange earner. The Philippines has a lot of exports (gold, abaca fiber, copper, etc.) added to tourism. It also has a vibrant Call Center (it is reportedly behind only India and one other country) industry alongside other services (e.g., Medical Transcription) that cater to the out-sourcing needs of the U.S., Canada and Europe. Overseas Filipinos also send home dollars, thus, helping dampen inflationary forces and strengthening the country's economic fundamentals.

Exchange rates are only one of the indicators of economic performance. They are not the be-all and it-all. China is the fastest growing economy but you have to have a sackful of Yuan (not really Terdsack ) to exchange for a fistful of dollars.

Some years back, a Filipino wrecked havoc on computers worldwide by authoring a virus that had even the Pentagon going batty. Although I donot now remember the name of the virus, I can recall that the guy was merely a computer programming student in a minor school in Manila who had too much time to spare. This fact, added to the consistent performance of University of the Philippines and De la Salle University kids reaping top honors in worldwide robotics competitions, may be seen as an indication of the adeptness of Filipinos in technology. In this modern age "Knowledge Economy" that has to count for something.

It has been said that Filipinos are their own greatest resources. I do not see anything to make me think otherwise.

If only their politicians can get their act together...

Dude


Im pretty sure that you're not a pinoy, BUT i have to ask again. are you?

[grayfist]

Dude


Im pretty sure that you're not a pinoy, BUT i have to ask again. are you?

Just an unabashed "Philippinephile"--a lover of those wonderful islands and the people-- buddy.

I and my wife are very frequent visitors of the country.

There are very many like us, pal! We've met quite a number. We try and learn anything we could about the Philippines and Filipinos but have managed to acquire just a bit, among them, the ones I have written.

[chavap4p]

pacquaoi is afraid to fight the prime mexican fighters

[ELPacman]

This is a smart move of Manny even though many will question it. He'll leave while he's ontop provided he beats Morales in the 3rd fight and goes on to beat Barrera AGAIN. He'll have his brains still intact and mucho money. He's set out to do what he wanted and accomplished them so far. I'm sure he has no other reasons to stay and get hurt or lose before he retires. It's obviously a smart move by him though I know many would question his lack of younger opponents and not fighting certain guys. To me, I don't care. He gave thrilling fights in each and every one he was in. Isn't that all we can really ask for from a fighter sometimes?