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Showing posts with the label Iran

The 2026 Iran War Audit vs. OFW-Reliant Pinoy Pride Economists

It's a shame, really, that I didn't think about writing this article on OFWs again. I got somewhat fixated on the  gas prices , and my mind was exhausted. I thought about how I even asked, " Will #SahodItaasPresyoIbaba economics even lower down the prices of gasoline? " It's one thing that the Philippines has been overly reliant  on the Middle East for gasoline. What I overlooked was the OFW phenomenon again . It was so easy to hype on the OFW phenomenon, like what happened with the Filipino nurse, Ello Ed Mundsel Bello, way back in 2015. The OFW hype would've compounded the Philippine economy's "reliance model" to a whole new level of bottleneck!  Analyzing the bottleneck of relying on the Middle East It's already a known fact that several OFWs are sent to the Middle East. I even remember running across a presumably retired dancer who would be 64 today, on Facebook. The guy actually bragged about how he was a dancer at the Excelsior Hotel in...