It is not yet a severe economic crisis as such but the accumulation of economic bad news is worrying. It is clear that the fundamentals are unsound and the economy is weakening aside from increasingly vulnerable to a political upheaval or to a renewed global downturn. The majority of Filipinos are poor and gained little when times were supposedly good – but they will be hit the worst when the illusion of progress is finally and thoroughly broken.” – From PH Economy Duterteriorating – https://www.ibon.org/2018/08/ph-economy-duterteriorating/











