This issue is so complicated and tragic I could write a few thousand words. Thailand's future is no growth, high consumer debt, a workforce stuck in 20th century and government in 19th. Education, for even the upper middle class is worthless. This latest government's policies have been abysmal. The solution appears to be allowing billionaires and shadowy figures own and run casinos and increase tourism despite the nation reeling from crime and scores of unhinged people (often high af)
Frankly, the banks and shysters should eat much of the debt without tax compensation. Massive loans to people placing them in debt for life is criminal. Then they wonder why the economy is stalled.
Thailand avoids making proper corrections. The system is entirely broken. We see how broken USA is/was with USAID. Anyone that's been here a serious amount of time knows how deep and complicated the corruption is.
I made a prediction Vietnam will overtake Thailand in 20 years. Now, with Thailand's intransigence on US tarrifs, unable/ unwillingness to innovate it may only take half that time.
The true question is - what is a clear picture of Thailand s future knowing that nothing will change.