Thailand ain't becoming a high income country any time in the foreseeable future. 90% of the GDP is personal household debt used for looking 'high so' (e.g. latest iPhone, car) or trying to get rich quick (i.e. gambling) or supporting family (drinking, smoking, doing drugs, shagging, and more gambling), rather than investing in their future and their children's future. Birthrate is just between 0.8-1.2 and the average age is 42 with almost no pension for growing elderly population and shrinking and aging workforce. Losing to neighbours in foreign investment, education, and key industries - even losing at tourism, the only thing Thailand has been kinda good at! Thailand will soon be behind most of the other big boys in ASEAN: Vietnam, Malaysia, Indonesia, Singapore (of course), and (maybe even) Philipinnes. Frankly, I say, let's enjoy the show! 'Som nam na,' as they say!
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