By BENJIE OLIVEROS Bulatlat.com MANILA — We don’t hear much about the state of the world economy these days. What we normally read are slightly optimistic projections and supposed signs of recovery. But we are being bombarded with political news: the Obama-Romney debates, the civil war in Syria, bombings in Iraq, among others. When we…
Tags: real state of the world economy
The Bursting of the Bubble
The declines in the stock market and values of currencies may aptly be described as a bursting of the bubble because it reveals a lot of things: the real state of the world economy and the dominance of international mobile capital; the fundamental weakness and vulnerability of the Philippine economy; and the empty boasts of…