Foreign capital inflows drastically slow down

Even the once above-the-fray central monetary authority we call the Bangko Sentral ng Pilipinas, it seems, has joined the panicky efforts of President Aquino’s propagandists to reverse his image as a failed president.

It issued a few days ago a press release that was dutifully parroted by an uncritical media: “Foreign Direct Investments Post 55 Percent Increase in November 2013; January - November Level Up by 37 Percent.”