My North American language about the PH economy may sound brutal, but it’s the painful truth. Expectations cannot and will not match a hardened reality where the peso weakens, prices rise, and incomes struggle to keep up.
My North American language about the PH economy may sound brutal, but it’s the painful truth. Expectations cannot and will not match a hardened reality where the peso weakens, prices rise, and incomes struggle to keep up.
For years, many Filipinos believed celebrities would become wealthy. But the truth is different: most are paid per project, with no fixed salary or benefits. When income is unstable and expenses keep rising, even artists struggle — some barely cover their debts.
For years, many Filipinos believed celebrities would become wealthy. But the truth is different: most are paid per project, with no fixed salary or benefits. When income is unstable and expenses keep rising, even artists struggle — some barely cover their debts.
I miss commuting in Metro Manila, but today’s reality is heavier. Filipinos are tightening their belts as electricity, water, internet, and fuel surge in price. I felt a similar shock 18 years ago during the 2008–2010 oil crisis — and it’s painful to see it return.
I miss commuting in Metro Manila, but today’s reality is heavier. Filipinos are tightening their belts as electricity, water, internet, and fuel surge in price. I felt a similar shock 18 years ago during the 2008–2010 oil crisis — and it’s painful to see it return.