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3 Cost Effective Ways to Solve Metro Manila's Traffic Problem

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The Facebook page of ANC 24/7 is asking for its reader's suggestion on how to solve Metro Manila's traffic problem. This got me thinking, "what is the best way to solve Metro Manila's traffic problem?" It's easy to make suggestions, what's hard is the implementation and the cost of implementation. So what is the the best way to solve Metro Manila's traffic problem and the most cost effective solution? Punitive Fines Add caption First of all, any implementation will definitely cost money, a lot of money. The cause of the traffic mess is the people themselves so it's only right that those causing the traffic problem should be fined and the fine should hurt. That way, the fines will pay for the cost of enforcing the law. The fines should start at P500 and goes up every week if you don't pay it within 15 days. To enforce this and prevent people from ignoring the fine. It will be tied to their driver's license or car registr
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Downturn in the market

Originally posted at Secular Change on Jun. 8, 2006

As I type this, the stock market has been going down for the last 4 days. The Dow Jones is down to 10,938.82. It's down over 500 pts from it's high of 11,259.96 on June 5 to a low of 10,757.55 on June 8, 2006.

The media says the market are reacting to fears about the Fed raising the interest rates. But is that all there is to it?

If we are to look at the overall market. Nothing is really keeping the market up. The U.S. Dollar is getting lower, earnings seems to be slowing, cost of goods are up due to the high cost of commodities like oil and metals. In short, the cost of everything is rising. So how can companies sustain their earnings?

Dividend yields of the S&P is at 1.94%. That's lower than what you'll get in a high-interest savings account. P/E ratio is current at 17.57 while historical P/E of the S&P500 is 13.7 which means the market is overvalued by 28.25%.

Bond yields have been rising, although I think we might see the end of rising interest rates, at least for a while. The housing market seems to be slowing down. So there won't be that much money flowing into the market.

Personal debts is at an all time high. Statistics shows that American Consumer debts is 97% of personal income. Basically, all that is fueling the market and almost everything right now is debts.

So do you think the stock market will continue it's downfall or will it turn around and go up again?

You tell me.

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