Crises

Millions now here in the Phillipines are unemployed. Big companies local and international companies as well are closed and still more are closing soon. Some International companies is having their cost cutting and that they transfer their company in other country. There are some Overseas Filipino Workers who are also sent home because the company where they employed is also closed. It is hard to accept that a Filipino come home unprepared and you could imagine how they look as blank minded once they touched down in the airport , It is a big problem how to sustain a family if there is no work and no capital to start at least a small business. Last year when America's economy was devastated, our government was proudly proclaiming that the banks here in the Philippines is not affected so we don't expect a any crises.