I’D LIKE to celebrate Christmas and to end the year by writing how thankful I am to be living in the Philippines. 2022 may feel like a bad year, but as someone who monitors foreign events and trends, I think we live in a fairly stable country.
Despite the corruption and other problems, the Philippines remained a stable place in 2022. Even with President Marcos’ election, the situation in the Philippines was, compared to the many other parts of the world, even a little boring. So despite the lingering effects of Covid and the war in the Ukraine, Filipinos have had a fairly good 2022.
Also, aside from a few spats on the West Philippine Sea, we have been at peace, and local companies seem to push on despite global problems. Even the stock market is expected to end at the 6,500 point level.
“But what about inflation?”
Well, compared to countries which have had power, food, currency and political crises, we’re much better off actually. Just remember the Sri Lanka protests, or the ones in Mongolia and especially the ones in China (and those are just the ones I can think of). Think on the turmoil in Europe as well as its power and fuel problems. Think of the political rumblings in the U.S. after the Midterms and Musk’s release of the Twitter files.
Compared to those, we have had a fairly uneventful year, and as long as no major problem comes up, 2023 is looking fairly uneventful as well. So as we celebrate the holidays and greet the new year, let us all be thankful for peace and stability in the country.
Malipayon nga Paskwa sa tanan./PN
