The rapid shift of International diplomacy and alliances of
the new Philippine President (His Excellency, President Rodrigo Rua Duterte
PRRD) puzzle the minds of the many Filipino citizens and the International
community. From his last visit to China
his decisive speech put the country Philippines into the diplomatic stage that
even the attention and the sensibility of the UN congressional meeting cannot surpass.
His political move shows the world that US is our ally but we need to think for
ourselves as a sovereign country for our territorial rights and the existing
dispute in the South China Sea.
From my previous blog article (http://ryansinnovativeideas.blogspot.com/2016/10/philxit-new-brexit-philippine-political.html)
conveys the sensible retraction of some of the treaties and diplomacy from US
that may deem stagnant to the overall national economic program of the
Philippine government.
Some Filipino citizens may say that to retract from the US
economic framework and program will hurt the Philippine economy just like what
happened in the Philippine stock market few weeks ago when President Duterte
PRRD lambasted the presence of US forces in the South of the Philippines. Granted
the economy of the Philippines will slow down for a while due to the fact that
the conglomerate investors in the PSE (Philippine Stock Exchange) are mostly
from US.
As a result, the economy will
slow down for a while. Mining companies,
engineering companies, and other agricultural companies from US will affect to
the slowing down of the Philippine Peso currency. But as a result, President Duterte visited
Brunei, China, and later to Japan and Russia to invite new investors from these
emerging market countries. Come to think
of it that US owe debt from China more or less $ 1.8 Trillion as of August
2016. How can Philippine government borrow
money from a country that the given country itself is in debt due to the credit
crisis few years ago. Moreover, the disputed
Scarborough shoal is only between the countries around the vicinity of the
disputed island. We cannot deny the fact
that the colonial mentally that we have is still in our nerve since before
knowing that US is our ally since WW2.
But as the modern era of civilization and diplomacy evolve, Philippines
as a country must know the changes of world economy and its trends.
EURO ASIA:
Previous blog reference (http://ryansinnovativeideas.blogspot.com/2015/10/the-old-silk-road-is-at-risk.html)
As the prediction of many economist that Euro Asia will rise
again in terms of economy and world consumer production. Countries from these regions including
Philippines will be the key supplier of raw materials and consumer goods to the
modern world economy. Less we forget
that civilization centuries ago is not in US but in Europe, Asia and part of
Africa. This means to say that during
that time these countries from Euro Asia dominated the world economy and of
course the world political power.
America is just late in gaining world political dominance right after
the migration of the British pilgrims in the US soil. Luckily, America prosper because of their
rapid advancement in education and technology and of course their program in
migration H1B Visa that will allow immigrants all around the world that are
academically genius to have a special treatment in the US soil allowing other
countries to have scarcity in White Collar jobs and the overall of the Human
Resources.
If Philippines will not
actively join the rise of Euro Asia economic zone then Philippines will lag
behind in terms of the new rising economy.
Russia and China is the key players of this new economic area with the
resourceful participation of the ASEAN countries. In the case of Ford company and GM motors and
other European car production, their production line is now in mainland China
to conserve labor cost and abundant resources from Asia and other ASEAN
countries. Likewise, India is also
partnering with their military technology arms raise with Russia knowing that
Russian Military technology will equally compete with US with a much lower
cost. At the moment the two countries
venture more of their military machinery and technology production in India for
wider production and enough man power to build the modern military machines.
Essentially, Philippine government must think again with the
change of civilization in the Euro Asia region or what we call the “Silk Road”
of Euro Asia.
What American business market is hanging on at this time is
the control of world economy and the world monetary currency which is the US
dollar. But they did not know that they
are just playing money not knowing that they don’t have the concrete consumer products
at hand. US are too smart to play the economy that in return they experience
the housing melt down few years ago. On
the contrary, emerging markets from Europe and Asia still have enough natural
resource to satisfy the high technology production requirements from the west
for example. That is why American
production such as GM cars and even Apple Iphones are all made in China with
the same world class quality. To some
Filipinos with colonial mentally it is hard to use products with American
brands but made in China, but reality in world economy is coming to an end. Euro
Asian Market or the “Silk Road” will rise again. And eventually civilization will change.
Silk Road (National Geographic)
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