Forthcoming glut in the heavy equipment business coming soon or is now happening?

Nation building via learning and being the best in business

Our group is canvassing for the purchase of light excavators to mechanize our operations (to further systematize and save money -  enough of providing jobs.    They abandon us in difficult times and costs are uncontrolled  in the age of AI)  We noted yards chock full of inventories and perhaps more are coming  .Perhaps the demand for these was high when large budgets and lot of projects were being dished out by DPWH.     Hence the big excavators.

But now DPWH has stopped bidding projects while investigation are ongoing.  The govt contractors are not getting any bids approved, no project implementation.  No new equipment needed.   For the private sector, the condo and subdivision sectors seem to have excess inventories.     Its going to be sad fort these equipment and construction materials supplier.

Halting of bidding on govt projects.

Slower revenue collections, slower GDP growth seen due to DPWH corruption news

Nation building via learning and being the best in business

DOF BIR sees slowdown in collection due to corruption mess

The country's purse holders see slower revenue take due to on going investigations primarily the DPWH ghost projects over pricing.   It spells slower economic growth and our country failing to meet its target.

Its no time to despair.  We have to work harder.  Those in the govt must ferret out the offenders and punish them return death penalty to plunder to put a stop to this large scale thievery.

We the rest of people who work hard for progress must focus and be not  distracted.  

Why USA will continue to be the last superpower?

Nation building via learning and being the best in business

The thesis of the post is that being a superpower is determined by the land on which is sits on.  And the land has to answer these difficult questons:    1.  Can it feed its people,   2.  Doest it have access to the major oceans for trade,   2.  Can it defend itself.   

USA seems to have answer to the three.  China has only an access to one ocean and is even threatened by Philippines, Taiwan, and Asean countries.    Russia's access to the Atlantic means it has to be friendly

Japan has access to only the Pacific;  Germany only to the Atlantic.    UK ceased to be a world power when Germany was able to invade it from the skies.   

ICTSI 's Razon certainly helps countries become major superpower.       Subics deep seaport helps PH not only in trade but in defense.   

Despite all the stories about huge debt, declining quality of life, the author suggests that USA will continue to be a major superpower.     It can feed its people,  it has access to two major oceans for trade and it can definitely defend itself with its huge arsenal.