2024 in the Philippines: Intrigues, High Balls, Inflation, Deflation

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Get ready for a transformative year ahead in the Philippines! As 2024 unfolds, political fervor will sweep the nation, shaping the landscape for the upcoming mid-term elections in 2025. This comprehensive overview delves into the key developments to expect, from economic challenges to political maneuvering and the emergence of state-led monopoly capitalism.

Economic Landscape: Persistent Inflation and Predatory Pricing

Brace yourselves for sustained high inflation, driven not solely by market forces but by strategic moves from influential capitalists. The government’s inaction on predatory pricing and lack of consumer protection measures will likely exacerbate economic woes.
With close associates of political figures benefiting disproportionately, expect a challenging economic environment where public welfare takes a back seat to personal gain.

Political Dynamics: Deflation and Disinformation Campaigns

As economic competition intensifies, sidelined political groups will resort to extreme measures or utilize democratic avenues to secure power. The unequal playing field may lead to intensified propaganda efforts, fostering disinformation campaigns across both traditional and online media.

The formal politically organized opposition faces challenges, with the Partido Federal ng Pilipinas gaining momentum and the PDP-Laban faction losing influence. Expect a politically charged atmosphere as the 2025 mid-term elections approach.

State-led Monopoly Capitalism: Maharlika Funds in Corporate Amassment

Watch for the government’s shift towards state-led monopoly capitalism, starting with investments in major corporations like the National Grid Corporation. Political motivations are driving these economic moves, with suggestions originating from influential figures closely tied to those in power. Fact is, the chief of the Maharlika funds admitted that moves to put funds at the National Gird came from the cousin of the president, Speaker Martin Romualdez who does not hide his ambtition to succeed Persident Marcos Junior come 2028.

Franchised corporations and key industry players may be the first targets, signaling a broader trend toward consolidating economic power.

Government Agencies Under Political Strain

Political divisions at the highest levels of power are trickling down to affect government agencies’ functionality. Bureaucratic work is hindered by extreme political paranoia, leading to resignations and professional compromises.

Even esteemed institutions like the Philippine National Police (PNP) are not immune, experiencing the impact of political pressures on their professionalism and efficiency.

Pro-China Filipino Elite Cliques and Grassroots Mobilization

Keep an eye on the rise of pseudo-nationalist groups funded by pro-China elites, fueling anti-government propaganda. These factions, with close ties to Beijing, aim to influence the national leadership change post-2025 elections.

Allegations of compromising materials and political ultimatums add another layer of intrigue, with factions aligning themselves strategically to navigate the shifting political landscape.

One of these, a certain General Macaras, reports the existence of a videotape he terms “pulburon,” that he says will put down the present dispensation. He even said that these group or groups holding this video already gave Mr. Marcos Junior ninety days to “shape up or ship out.” Of course, who will benefit if Mr. Marcos Junior resigns? Obviously, those allied with the Vice president, Sara Duterte, who is constitutionally elected to replace Mr. Marcos Junior as our Chief Executive. And we only know what would happen if this transition happens— we will all be fucked. A Sara Duterte presidency will be bad for the country.

Save for Madame Sara, what is most dangerous about her ascending to the presidency is her association with shady political figures who now advise her father. These politicians or former politicians only want to get juicy contracts from the government. They are most corrupt, especially those who advise Mr. Duterte. 

Sara must distance herself and her father from these political shenanigans otherwise, she will not be president. Some forces will surely move against a Sara Duterte presidency if she continues to have associations with these people. 

Conclusion:
As 2024 unfolds, stay informed and engaged with the evolving dynamics in the Philippines. Navigate the intricate web of economic challenges, political maneuvering, and external influences to better understand the road ahead. #RP2024 #PoliticalForecast #EconomicChallenges


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CPH News Editorial is a team composed of journalists who write Philippine and Asian news, culture, information and opinions.

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