OUR ECONOMIC WAR

We have our own economic war to begin with.

If the country will not engage to make references of our datas with every countries we trade with, and know our condition and status regarding how we spend our foreign reserves and lose everything in deficits, then we have a big problem.

Economic war is now the norms of countries seeking security in trade and protecting their economy.

There is great competition among everyone today, that trade, exports are the marks of superiority with others. The one country is able to export and sell their products internationally,  overcome its imports by exports, and the outflows of foreign reserves are manage well, then a strong economy is present.

Economic war is the mainstream of nations at the moment. This is seen by the way China and the US are doing to each other to protect its trade, sell their products more than they buy.

so why is it important for our government to embrace the idea of economic war? It is about knowing then that everyday is a business day that our country should be wary to protect our interests and maintain a good economy.

To ensure protection, manufacturing must be brought to the fore of our policies as a priority. We should make all effort to raise the levels of our manufacturing to almost all products making them dollar earners.

We have a low record of manufacturing in the country, and technology is the reason. China has worked for years for its manufacturing to take off and become the factory of the world. The Philippines should aspire this status and bring on the situation that we should seek superiority among other nations at the point of manufacturing. Manufacturing has been the path of China for decades and at present they have reached  that line as an export economy.

The strong manufacturing condition of China cause for her to create the BRI or OBOR in order for them to make headway for their products reach abroad in many different paths, by air, land and sea. They need  OBOR in order to sustain foreign markets of their products, that in contrast will result to the loss of other countries who are weak with manufacturing. Members of OBOR  will find themselves at loss once dynamics of the this schem become operational, that later on they find for themselves this loss.