The current economic system of the Philippines for me was very bad because the rich is only getting richer and the poor is only getting poorer. The rich families have more money and invest them on stocks, land, and creating more businesses so they will have more money. While, the poor only gets poorer because of the global financial crisis, their basic needs like water, electricity, fond, and shelter will have a much higher price. Why would the prices get higher? The prices will get higher if other countries sell the raw materials of the goods at a higher price. For example, if fuel gets higher it will have a huge effect on electricity and food, because the electricity companies like Meralco uses fuel to generate electricity. For food, if the fuel price gets higher, it will also get a higher price because of delivery.
The current political system of the Philippines is very chaotic, because most of the politicians are against each other. They do not agree on one solution the problem.
Are the young Filipinos getting too liberated? The young generations of the Philippines are getting liberated. They tend to go with the trend that other countries do. But maybe with the influence of the conservative or older generations our young Filipinos still have the right behavior a Filipino must have. Other young Filipinos that do not have a guardian or is in the streets will in the future become another problem of the Philippine country, because they do not know where to get money for their basic needs so they will do anything to get money, selling drugs, or even do prostitution.
To help the Filipino people in solving his and her economic... [continues]
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