Other countries had lost and then regained their AAA rating in the past
Australia, Canada, Denmark, Finland, and Sweden had also lost their AAA ratings in the past but eventually managed to gain it back.
Filipinos have a President, a real President, one that they are proud of
I finally feel that I need to speak up. There has been much in the press lately about newly elected Philippine President Duterte. Most of what is said focuses on his policies toward the illegal drug problem, and his direct (to put it mildly) comments to other national leaders, particularly to US leaders. The world's press responds with concern, even alarm. In the Philippines, he is immensely popular. As an American who has lived here in the Philippines for 30+ years, I think I understand why. Allow me to explain. First of all, the facts. 1) Americans almost never take culture and other cultures' viewpoints and values into consideration. Almost never. That explains nonsense foreign policy and constant misunderstanding. 2) Americans are one thing; the American government is something different. Generally speaking, Americans are liked here. Generally speaking, the American government is grossly arrogant and condescending, and is often despised because of it. 3) Other natio...
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