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Thait Spot

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Posts posted by Thait Spot

  1.  

    The only reason they choose to wear masks is so hopefully people don't realise they are the same yellow faces that have been obstructing democracy for 8 years now.

    When/where did peacefully criticising the government become "obstructing democracy"? Is violence against the white masks "supporting democracy"?

     

    Is this the red shirt version of "democracy"?

     

    They are openly calling for a military coup to overthrow the democratically elected government.

    They are perfectly entitled to do so in a democratic society.

    Perhaps you can prove that they have?

  2. “If the baht was not jacked up to Bt28 against the dollar, we would not have to encounter the weakened baht like today. The currency movement should be gradual instead of being strong for three months and weak for four months,” said the deputy prime minister.

    Doesn't the BoT realise how much the drop costs us when we have to sluice 2 trillion Baht out of Thailand .

    In reply to a couple of your posts:

    I believe that Kitttirat is one of Yingluck's boys and that Thaksin has no time for him - but I could be wrong

    The 2 Trillion will be 5 once interest is added in

  3. It's not small change by any means but the numbers are in THB and not USD so don't get carried away. And as a percentage of GDP the actual losses are small, just before somebody (you know who) chirps in that the rice scheme will bankrupt the country..

    Somewhere in the vicinity of 10+ billion USD in losses. Don't get carried away?

    Not to trivialise the loss but In the context of GDP it's a small number, and, the losses being talked about represent the losses from ALL agricultural schemes under various Thaksin governments, not just the losses from the rice scheme that's in the headlines currently.

    400B Baht represents wasting around 20% of tax revenue. Government expenditure is already in excess of revenue.

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