Just when the economy was riding higher and you get another coup scare. Both the peso and the markets fell sharply upon the rumors of a coup and the subsequent declaration of martial law state of national emergency. Luckily when things sort of stabilized, both also recovered sharply.
Sometimes you wonder if someone is playing around with the government for market manipulation and profiteering purposes. You probably only need to spend just a little to shake up the fragile government a bit. But for sure, such unpredictability cannot be good for the economy in general.
Maybe what we should do is bulldoze down the EDSA Shrine and the People’s Power Monument. Maybe that will make people forget about EDSA 1 (and 2 and 3) and prevent people from exploiting it to promote instability. At the very least that should get rid of the horrible traffic whenever the EDSA 1 anniversary comes around. I mean, what’s been done’s been done. And when you think about it did things really really change?