Something Is Going Very Wrong With the Philippine Economy...

Jan Writer

Jan Writer

28,540 views

The Philippine Economy Is Entering the Stagflation Danger Zone

The warning is no longer coming from one bad statistic. Inflation remains above target, growth has slowed to 2.3%, unemployment is rising, investment is contracting, the peso keeps setting record lows, debt is climbing, and the BSP is tightening rates into a weak economy. Call it stagflation or something else—the dangerous part is the combination. Filipinos are already feeling it in food, electricity, transportation, jobs, loans, and purchasing power.

#Inflation #PhilippinePeso #Stagflation #Recession #VideoEssay

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