This is probably one of the top 5 posts I’ve read about the Philippines this year.
Marketman’s Running Survey
In the survey I am running (or if you read this later, survey that I ran), it seems some 40% of readers actually think the Philippines is POORER than it is, in other words, a fairly negative sentiment. Some 24% of you got it right, with roughly 86-88% of the families earning less than PHP25,000 per month for a family of 5. But approximately 36% of you were varying degrees of being overly optimistic, and believed that many more families earned more than they actually do. Okay, so hold this thought for a moment. Roughly 87% of all families in the Philippines, representing 75.7 million people, are living on less than PHP5,000 (USD110) per month per person on average in income.
via Market Manila – Income Levels / Poverty in the Philippines – General.
Okay a little too over the top. but I really wanted you to read this!!!