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Somkid spots Thailand on advanced fast track???


idman

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First of all, what the hell is advanced fast track???  Back to the topic, it seems that this time it's Deputy Prime Minister Somkid Jatusripitak who has opened his gob and inserted his foot by claiming that Thailand who are on this advanced economy fast track will be signifcantly transformed in three to four years.  One thing I do agree with Somkid on, in three or four years the Thai economy will be a lot different.  That's because it will have collapsed once again.  Household debt is steadily rising, bad loans are the same, inflation is slowly eating away at the meager salerys of Thais, with the Baht being manipulated by the Bank of Thailand overall exports are declining and with the exception of Asian tourists the number of well heeled tourists from the West is falling.  Thailand is on an advanced fast track, right to Palookaville.

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