It's interesting that while this piece was written about five(5) years ago by a good friend, Joe Clements, the thought is still kind of real today:
The fog of politics has become a pea soup. It's so thick you can't see the hand in front of your face. The oppositionists have been questioning the integrity of the President, Congress thwarted the impeachment case, equities are very weak, economic data is soft, oil prices are up, consumer confidence is down, and the price of toilet paper is higher than a peso! In addition, S& P downgraded the Philippine credit ratings emanating from the slow implementation of new fiscal measures to combat the growing budget deficit. No matter how strong productivity is or how GDP grows faster than expected, uncertainty is ubiquitous.
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