philippines food crisis
Posted in Philippines General Information on 12/27/2007 12:53 am by admin 
Is another financial crisis going to hit Asia?
I am a Filipina living in the Philippines. I worry about the subprime lending woes happening Now the U.S. and its impact on the lives of ordinary Filipino citizen. I remember the food just milled hair (instead of rice) and dry (instead of fresh fish) to with coffee (instead of milk) for more than a month. That is the height of the Asian financial crisis. I like this situation now in the U.S. will not cause again us to undergo the same type of food for a long time.
Nobody knows how it's going to kill, but the U.S. Economy is quite based on debt, and the quality of that debt and whether or not it is paid back, is in doubt now. If something bad happens, your local economy is certainly feel reverberations. It is always a good idea to keep some extra rice and canned food still around. Maybe you should buy a little extra each day and start to make a small supply in case times get rough for you – at least you and your family are protected in case of the worst. But it goes for everyone, not just for you. That said, the problem now is likely to prefer larger ripples in a pond rather than a tsunami. Buy some extra rice still.
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