Standard and Poor’s Pisses off Duterte

I think Duterte has absolutely no idea how the global economy works. If Obama could just make a call and change credit ratings why does the US not have the highest possible rating?

He says he doesn't care about international aid, wants to stop trading with the West, doesn't want US assistance with building up their military, he doesn't give two shits about his countries credit rating.....where exactly does he plan on getting money to improve his country? He has dumped gasoline on all his bridges and is standing there with a lit match threatening to drop it before construction has even began on new bridges.

Just a thought:

Maybe you can have more than one bridge?

 

Yup, and those bridges would be insanely expensive and dangerous to build and would require a whole lot of highly educated/experienced/skilled laborers....something the Philippines is very short on. The government/politicians here can't even manage to set aside their clan's interests and corrupt mindsets long enough to hand out food aid to starving people after a natural disaster. There is absolutely no way that they could take on a infrastructure project of that scale without a massive amount of help from other countries....and I highly doubt China is going to help the Philippines build up their infrastructure so that they can become more attractive to the West for providing cheap labor for the rest of the world. China is not a friend to the Philippines, they're are a competitor. The only countries/regions that would be willing and capable of helping them with such a project are the ones being told to f*ck off.