Instead I want to discuss some points many people are curious about: The economy in the Philippines. Basically weīre a service based economy with a growing focus on tourism. With respect to tourism, the biggest attractions are balikbayans visiting relatives, followed by the sex asian cumshot videos industry (the least admitted) , and finally regular people exploring history or enjoying the beaches bringing up the rear. The other growing focus is on the outsourcing industry as many of you regular readers understand. This has doubled annually for the last 3 years and will likely continue. So with asian cumshot videos all of this growth most of you are wondering where this economy is headed and will it join the rest of the Asian tigers?

I say yes, but only if you take a long-term perspective. A few people I know have already made a ton of money in the asian cumshot videos stock market here. My Filipino-American friend bought PLDT shares for about 200 Pesos back in May of 2003 and sold it last year for 1500 Pesos. Now heīs into PLTL and it has doubled his money again. I think the guy who is now 28 is worth over $1,000,000 after asian cumshot videos starting with $70,000 two years ago. But one of the most interesting things to note is that while the value of the Dollar dropped about 30% last year, the value of the Peso didnīt slide. Itīs still worth about the same amount when compared to the Euro. So not only asian cumshot videos did he make all that money in the stock market here, his money is in Pesos.and the Peso has appreciated in the past year while the Dollar is in the toilet.

Thatīs another thing that people are curious about.the value of the Peso. From my research online, I believe asian cumshot videos that the Peso is one of the most undervalued currencies in the world. It was 40 to 1 before Estrada was booted out of office and settled at about 50 to 1 following that. Political instability has keep the Peso weak.but it has bottomed out, more or less. From what asian cumshot videos I can understand, the Peso should be priced at about 30-35 to 1 against the Dollar. This is of interest to many Filipinos, so many of us follow the trend of where our money is going, and whether or not we should save in Dollars. Obviously we wonīt get that asian cumshot videos 30:1 ratio until we clean up the corruption and stabilize the government. But itīs my opinion that once these things are taken care of, the Philippines and its investors will find themselves sitting on a goldmine.

The Philippines is a very wealthy country, with its people making up the asian cumshot videos greatest asset. Itīs just a matter of putting everything through a strainer and throwing the crap we strain into the garbage where it belongs.