Quote from: Casdinyard on Today at 04:36:36 PM

Quote from: MarvinHagler on June 13, 2024, 02:25:25 PM

Hi Guys,

I'm curious to know if there is a cost of living crisis in your country and if you are feeling the effects of rising goods and services.

I'm Australian, and the inflation rate in 2023 was over 4%.

I have noticed significant increases for everyday essentials like food, petrol and utilities.

The cost of petrol is around $2.10AUD per litre, which is insane.

Let's hope things improve in the near future because the current state of things is unsustainable.

Kinda fucked but if you're an ex-pat that lived in the Philippines with savings back from your homeland you're pretty much set. We got a lot of foreigners here thinking they hit the jackpot (which they did i mean by a long shot) considering from where they live shit is 5-10x more expensive than in the Philippines, if that is your case everything is pretty much cheap and you'll enjoy living here. For most of us though, including those within the poverty line it couldn't be any worse. Shitty living conditions, lack of opportunities to access education in poverty-stricken/maginalized areas of the country, and so much more ugly shit.

Gas is also becoming even more expensive here, we're slowly hitting the 2 dollar mark, which is still cheap I guess for ex-pats but is definitely not the case for Filipinos.

So yeah, Philippines is slowly becoming a xeno-centric country while not giving a single flying fuck about its home-grown citizens.

This isnt really just that limited on Philippines alone but also in other developing or 3rd world countries on which into those foreigners would really be tending to settle down on such country and just like on what you have said that if then did have that kind of huge savings or passive income that they do have on their country which the value of their currency is way more higher or simply that huge then they could really be able to have that good life into these 3rd world countries. Just like on what you had elaborated on which into the lives into those locals specially on poverty status or condition then each year would really be that a huge pain in the ass on which if this particular year is hard, then it gets harder into the next one and so on. Why? due to that lack of opportunity, salary increase, shit inflation and other stuffs that in correlated with shit economic conditions on which it is really that making things even more harder. This is why if you are poor then it would be best that you should really be finding up a solution on how you do make yourself
that be able to survive on this shit condition.