#EconomicDownturn

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Why do gambling and the adult industry thrive when the economy is poor?

Have you ever noticed that whenever the economy is in a downturn, certain industries actually thrive against the trend? Especially gambling and the adult industry, these two "stress outlet" industries always manage to grow during recessions.The reasons are as follows: First, psychological pressure p

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POGO withdraws, Philippine real estate market cools down, economy apartments severely backlogged

The Philippine real estate market slumped in 2024, with condo sales and new launches hitting historical lows. Developers had to attract buyers with significant discounts and favorable payment schemes to cope with the weak market demand.Data shows that only 11,000 new condos were launched nationwide

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