Is Manila Prepared for an Earthquake?

Is this question really need to be asked when we all know the answer?

Of course manila isn't prepared for an earthquake or a huge flood or  a terrorist attack or whatever.

The politicians here care more for the upcoming elections and the money they are going to get after that, and the people here are the " bahala na "  (  whatever happens will happen ) types of person, everyone knows that the buildings and houses built here are low class and not designed to be protected from earthquake.

As seen in the video the damages if a 7.2 magnitude earthquake does hit manila, it could kill 58 thousand people and damage 1 / 3 of all the building and houses here, but I believe the death toll could be higher. So goodluck to us people who are living in Manila and I'm one of those persons. hahaha =D