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53 years later, the same lesson | Collector
53 years later, the same lesson
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53 years later, the same lesson

President Marcos has signed Executive Order No. 110 declaring a state of national energy emergency. Before anything else is said about it, I want to say something plainly: We have been here before. In 1973, a conflict in the Gulf triggered a fourfold spike in oil prices. The Philippines felt it immediately. Interest rates climbed […]... Keep on reading: 53 years later, the same lesson

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