Ferdinand “Bongbong” R. Marcos Jr. takes his oath as the 17th president of the Republic of the Philippines at a most inauspicious time, when pump prices of petroleum products are at their highest in recent memory, prices of basic commodities are inexorably rising, and the debilitating effects of the COVID-19 pandemic continue to be felt keenly. Adding to this already toxic combination of problems are other equally formidable challenges: the peso sinking to its weakest level
It is a global cesspool, on the surface began by the Covid-19 pandemic and now made more turbulent by the Russian invasion of Ukraine. Domestic dynamics from country to country only serve to aggravate or, if governed well, mitigate the impact of the global environment. Cesspool is defined as a filthy, disgusting, or morally corrupt place. There are several synonyms of cesspool but the first definition suffices as the others may sound worse. That is because the first meanings are all physical, and you can imagine different words and imagery for filth. But in our context, there is less of the
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