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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 454.39+6.4%4:00 PM EST

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To: Slagle who wrote (8240)8/13/2006 3:56:37 AM
From: energyplay  Read Replies (1) of 219995
 
I'm really interested in the role of remittances from overseas workers in the economy. This a big factor in many economies, Mexico, Turkey, much of central europe, etc.

How big is the role of remittances in the Philipine economy, and is it shrinking as the economy grows ?

What is the demographics of the ex-pats ? Will their numbers drop as the Boomer generation retires ?

Are ex-pats still viewed favorably, or seen as irresponsible or worse ?

One macro economic observation : Overseas remittances provide yet another reason to allow the value of the peso to drop over time.
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