Game in the Brain

TL:DR – Market Confidence/Value shift to Dependable Markets – will that be the Philippines?
If I use a purely qualitative measure (not quantitative) of the US healthcare, response, and amount of people left to suffer in a pandemic – I realize the US is comparable to Indonesia and worse than the Philippines. By these benchmarks (and there anything as complex as the quality of life, many different KPI/KRA exist and no one will agree by which groups of KPI matters) that the US is a 3rd World Country.
The amount of “Oligarchs Gaming the system” or Minority Interests putting the most vulnerable at risk or endangering them is now more felt than ever. Different economic conditions create different Organism responses. Different things Matter in different times – the way Boom and Bust cycles have different strategies.
US being a 3rd world country by a measure is scary – in that, it confirms what we worry about a 3rd world country – it’s unstable and prone to be controlled by powerful interests. it is not a “democracy” where the self-interest is spread towards the care of a lot of stakeholders, but the ambitions of a few – who have a lot but just want so much unimaginably more.
That as the status of a 3rd world country – Confidence – where all of Economic Value is derived has fled it. It has shifted to those countries whose leadership handled the Pandemic rather well.
Recession will come, the question is what industries it will affect – the way we can get sick in many different ways as there are many different cures or symptom management that can be used.
One thing the CHANGE of confidence will do is change the Economic Landscape of the world. Confidence in the Philippines and how much its changed with its basic democracy – a democracy that is mixed with 2nd-3rd gen dynasties, and unique Filipino traits. Its not like the US, its not like most of the common pattern of its Asian neighbors – it has an American feel but with off-brand workarounds. (the disdain and elitism of the derivative nature gives it -its own authenticity).
The Philippines with its wealth of Knowledge workers – when fate handed it so few in natural resources – created this unique blend of potential – we can put to local use these knowledge workers. We dont have to use SKELETAL management because there is no fail tolerance (its too Fragile) – we can pivot our BPO for the knowledge infrastructure we need HERE. We now learned the number of knowledge workers is needed to distribute and OPTIMIZE scarce resources. We learned that humans are more versatile than the ERPs we spent millions on which can only take predefined inputs and create predefined outputs (some automation incentives companies to spend less on developing their people).
That we have the Knowledge Workers to make shit work here and make productive – what is Idle because of corruption and hoarding of capital.
And of course, this possibility is one of many – one where this pandemic magnifies the differences than the commonalities. In a prisoner’s dilemma – it may signal “to defect!” instead of cooperating.
The Funny thing about all this is CONFIDENCE – the faith in the particular market. If the Philippines’s takes care of its people – is held accountable, transparent, etc… the CONFIDENCE means entities will know their money is safe in the Philippines. that it didn’t collapse like some third world country – with warlords and oligarchs.  It’s funny that this was what Trump wanted but didn’t know how to earn lolz. It’s what integrity and dependability are about. This lets banks trust their lenders – thus allow people to borrow to REBUILD and improve. Again Economics 101 – Consumer Confidence and outlook – its what gives the currency its Value – will the Philippines be exceptional in behavior when many chose to “defect” in this prisoner’s dilemma? Will its behavior mean it is trustworthy of any faith and peso used to rebuild and reinvest? Far more than everywhere else?
the Bastard of the west and east. the mongrel of Asia, the underdog with no oil, or critical strategic resource than its own people. I root for the underdog, either it be we-filipinos, SEA, east Asia, or Africa. the next century is about these countries defining what the world is going to be.