Teodoro Locsin Jr. said the US is its only military ally in the South China Sea. The US and the Philippines operate under a Mutual Defence Treaty and will support each other in an attack by an external party. Mr Locsin’s remarks come as China’s Xi Jinping claims the disputed sea under his country’s sovereignty.Mr Locsin wrote on Twitter:"All Europe will not because it is desperate for Chinese money.
It's because EUrope is on the verge of bankruptcy that would make the 2007/8 financial fade into insignificance. That's why teh ECB has printed 3.75 TRILLION since 2012 just for the Banks but noone mentions it!
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