Do you agree with President Arroyo saying the Philippines will not be affected by the global recession? Why?

President Gloria Macapagal-Arroyo announced yesterday that she is convinced that the country, despite the slowdown of exports and the increasing number of layoffs, remains outside the scope of the global recession that is affecting other countries (a href="http://ph.news.yahoo.com/star/20090212/tbs-rp-outside-global-recession-gma-0ec9746.html)."http://ph.news.yahoo.com/star/20090212/t…/a The question in minds of Filipinos right now is should we really be this optimistic or prepare for the worse to come? Share your thoughts and opinions now.