Eric Loh

The person responsible for Thailand lower growth rate will be in China Thursday inking contracts for more BRI projects and snaring Thailand into debt traps.

1 hour ago, Xaos said:

Looks like it got deleted.

https://news.education.investing.com/real-life-crazy-rich-asians-most-interesting-2018/

 

 

That's kind of admission of guilt. That ferocious defending by the military spokesman is tell tale sign they are hiding something. 

51 minutes ago, Baerboxer said:

 

The pro Shin fanboy posters have already started to play your attached article down, probably without even bothering to read it!

 

They prefer to present anyone anti Junta as honest, ethical, a man/woman of the people and out for real democracy. Just like Thaksin and his pretty were!

Come on BB. You read that stuff from Neo. Funded by Russia and being call the poster child of fake news. What happen to you? 

Not sure it was fear of Thaksin that prompt the junta to re-weaponized the prosecutors and courts with the absentia law. Prior the AG dropped the case. What the junta want, they get. 

3 minutes ago, GreasyFingers said:

But I have a very nice cocoon.

Think you do. Will help your understanding more if you bother to read BKK Post op-Ed on “infrastructure with China” and information on Ahbisit and Yingluck signing MOUs with China on connectivity. 

19 minutes ago, GreasyFingers said:

Do you mean that "she" thought these up and actually attended meetings to promote them to her fellow pollies?

Yes at the World Eco Forum. You ought to read more and not trapped in your cocoon. 

8 hours ago, webfact said:

The junta’s brainchild – the Eastern Economic Corridor –

Rich beyond comprehension. EEC was promoted by Ahbisit to Japanese automobile manufacturer investors and by Yingluck who emphasized on physical connectivity and linkages to Laos and China. Even Somkid's EEC initiative on being the 'Kitchen to the world' was borrowed from her initiative and her push for investments on automobiles, hard disk drives and electronic products. More like a junta's copycat like all the other economic initiatives. 

34 minutes ago, hotchilli said:

What do you expect from a military led regime... a fair playing field?

Look at all the military regimes world-wide over the last 70 years & you get some idea of how it usually plays out!

I thought this is a benevolent "good people" military; different from regimes world wide. At least this was how it is being framed by our local junta apologists.

22 minutes ago, billd766 said:

I would say that it will probably bankrupt the SRT but they are there already.

 

I Googled SRT debts and came up with this from the Nation back in 2016.

 

http://www.nationmultimedia.com/business/Plan-to-revive-loss-making-SRT-30296163.html

SRT and other state owned enterprises will never be bankrupt under the law. I think this kind of law applies to most countries. Tax payers will have to bear the burden.

Will be hard to wrench the junta off the trough. 

Yearly summer ritual of blaming the durian. Eating in moderation like just about everything is the key.

1 hour ago, Selatan said:

I thought the rail link to Laos was originally a project that was started by the Abhisit Vejjajiva government? And after that the Yingluck Shinawatra government later stopped it?

The rail link that you referring was an Asean initiative in 1995, long before the China’s Belt and Road project. It was supposed to build a railway from SIngapore to Kumming; not Laos. The project was never implemented. This China and Thailand “Road and Belt” rail link to Laos was a junta and China initiative with financing and technologies from China. 

6 hours ago, Selatan said:

Your Siam? Are you a native Thai? Here, listen to what my PM had to say about China:

 

If you are a native Thai, better learn to detect Western anti-China propaganda.

 

Developing country status is not something that you can simply give up. To be considered a developed country, the GDP per capita must be over $12,000 per year. China's GDP per capita is around $9,000.

Your PM is elected and he therefore speak for the people and will be accountable in the next election. This junta PM is not elected and therefore do not represent the feelings of the people and unaccountable to his policies. Non of his policies were discussed and debated in Parliament. You need to understand the underlying sentiments of the people and judged fairly. 

The Thai economy has been harmed since the coup. What is it so hard to understand that every coup dealt a body blow to economy. We nose dived to GDP growth in 2014 to 0.7% and since then struggled to achieve the growth of past and previous elected governments. When we hit such a low GDP base, anything above was spun as positive. To put salt to injury, the junta messed up the election to stay in power and created even more harmed to the economy. They embarked on excessive defense spending rather than put more money to creat productivity like in education and healthcare. They spurged on large infrastructure spending without determining if they will be profitable. The political uncertainty scared off FDI which went to Vietnam and other neighboring countries. Pity that the BOT is not forthright in condemning the junta and coups in general for harming the economy. 

The truth is that the EC's incompetency will cause the economy to decline as there will be budget delays, public and private decisions delays. The Central Bank Chief is not forthright with his comment. 

16 hours ago, snoop1130 said:

He also plans to extend cooperation in support of the Thailand 4.0 policy and the Eastern Economic Corridor that will link economies in the sub-region.

 

Amazing he can do all that while in caretaker mode and parliament not in session. Remember a time there was an uproar when the elected government agreed on the Chea Vichea temple as world heritage site without parliament approval. 

21 minutes ago, from the home of CC said:

I agree, definitely not the 'ideal' situation politically. While loud motorbikes and partying teens can be annoying at least I don't have to listen to war weapons fired on my soi or getting my ass burned going to a torched mall or read about another child being the victim of a RPG round. While I agree accountability to folks has a low priority, what I've seen here since '03 is that NO politician has been accountable to anyone and the ones that were being held accountable to the people, ran out of the country like the rats they were.   

Yes we read lots about those killings on both sides with large portion of fatalities by the hands of soldiers firing war weapons from their armoured vehicles or military snipers. We also read about indictments on one side and those who choose to live aboard than end up dead in the cells or dumped in Mekong River. The fortunate correctly aligned need not fear the law too. 

1 hour ago, from the home of CC said:

 

In the 16 yrs I've been here I've never seen a reduction but even if Prayut was raising people from the dead you'll please no one here. Most expats blame him for causing them to not having enough money to cover a visa.

Most expats blame him for being a non elected coup lying ex-general. He can say nothing he like without accountability to the people. That’s why he is being blame for saying a lot but really not doing much. 

2 minutes ago, boonrawdcnx said:

Sent from my iPhone using Thailand Forum - Thaivisa mobile app

For those who whine about the failures of democracy. 

"If you have time to whine and complain about something then you have the time to do something about it". Anthony J D'Angelo. 

21 minutes ago, Dumbastheycome said:

Nothing in the article was an attempt to convince  as I read it. To me it was a clever enough illustration of the naive polarization of political persuasion.

Graft and corruption exists regardless. That reality is that one side it is devilishly blatant  and on the other angelically disguised which makes no honest difference in effect.

 

 

No difference in effect but certainly difference in consequence. One side was and is being pursued with indictments, assets confiscation, political bans, party dissolution etc while the other side was and still is untouchable and out of reach by the law. Honestly the author should labeled the article "democracy vs corrupt coup".