
Marcos Is Drowning the Philippines in Debt — One Ayuda at a Time (GUEST COLUMNIST by Harvey Malmis Niere)
photo courtesy: eastasiaforum The Marcos administration has crossed a dangerous line — and it’s not just fiscal. According to BusinessWorld, Malacañang now claims that a 70% debt-to-GDP ratio is the new global “benchmark” for fiscal sustainability. This is not just economic mismanagement. It’s gaslighting — an attempt to normalize recklessness while shifting the burden to…