
The episode discusses the oil crisis in the Philippines and its potential impact on the nation due to heavy reliance on imported oil.
The Philippines is a great example of a nation on the brink due to an externality, because of their heavy reliance on imported oil. Nation on brink: this oil crisis may destroy everything we built | Inquirer Opinion DOE: Philippines’ fuel supply can last up to 50.42 days Please join us on Patreon for weekly bonus content and to join our Discord community. Hosted on Acast. See acast.com/privacy for more information.
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