"When an elephant sneezes, the ants tremble"
So when US hiccups, the weaker smaller economies panic. So we have to know what the elephant is doing, or its current condition.
The little things that happen in USA reverberates, has a large impact on countries like the Philippines. A travel advisory can drive away tourists from Philippine destination and adversely affect the economy. A shortage of nurses in USA means much to Philippine nursing graduates, and nursing schools
That is why. Ants can bite back too.
