22-05-2023, 04:19 PM
(20-05-2023, 09:40 AM)Alice Alicia Wrote: That's why the Philippines have overtaken Malaysia in GDP terms.
Their Problem is similar to M'sian ringgit is based on USD just like Jap-Yen and SKorean won...
All kenna hammered by US upping their interest rate like no tomorrow to fight inflation since Biden became POTUS.
The only difference is Pinoy, Jap and Korean has "overtaken" Bolehlanders in GDP is because theses 3 are prepared to SELL BACKSIDES as part of the economy "support" from their American master..e.g. Allowing more US military "investments" in their territories.

https://www.straitstimes.com/asia/se-asi...-officials
https://www.straitstimes.com/asia/east-a...-us-dollar
You've got friendly neighbours? Grow Up! - 李光耀 2013