Thailand heading the way of destitute Venezuela says "Tony" - he has all the answers

[webfact]

Daily News Thai Caption:: Poor card holders ignored

 

Daily News reported that Tony Woodsome - AKA fugitive former premier Thaksin Shinawatra - was regaling his followers on "Care" on Facebook yesterday.

 

The former Thai political party leader said that he had the answers to Thailand's economic problems.

 

He turned his attention to the debate over the so called "Poor People's Card" saying it would be ignored as people would earn too much to qualify.

 

Daily News Thai Caption: Venezuela!

 

In another segment he said that Thailand was heading the way of Venezuela because the government had been hopeless at balancing the books.

 

"They only know how to pay, not how to generate income," he said.

 

The South American country was left destitute after years of corruption and mismanagement.

 

He would know what to do was "Tony's" message.

 

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[2baht]

2 minutes ago, webfact said:

The former Thai political party leader said that he had the answers to Thailand's economic problems.

Is that why you chose to run away, Tony??? The army seems to think they can do a better job! ???? 

[bob smith]

Sad to say it but Tony is right.

 

Thailand is heading for the meat grinder...

 

[2baht]

Thailand seems to thrive on being in a mess, don't go changing things!

[OneMoreFarang]

20 minutes ago, webfact said:

Tony Woodsome

What can anybody expect from a fugitive criminal who doesn't use his real name calls himself Tony Woodsome?

Nuff said.

 

[Denim]

19 minutes ago, bob smith said:

Thailand is heading for the meat grinder...

 

Well, Thailand is the hub of meat grinders .

[liddelljohn]

I have spent a lot of time in venezuela  and thailand is not in the same league, venezuela is a totally destroyed country , violent ,and bankrupt ,, Thailand is nowhere near as bad ,, it could get that way  but TBH Burma is more likeVenezuela at the moment ...Thailand is more likely to be subsumed buy the Chinese ,

[norfolkandchance]

My partner insists I wear a red T Shirt when ever we go out. I don't no why,

[PJ71]

52 minutes ago, bob smith said:

Thailand is heading for the meat grinder...

I've been hearing this for the 23 years i have lived here.....

[userabcd]

1 hour ago, bob smith said:

Sad to say it but Tony is right.

 

Thailand is heading for the meat grinder...

 

People and news has been predicting that for the last 50 years, they are going to be saying that for the next 50 years and at the end, govt still exists and control and life goes on, the country improves and the peons continue to complain and predict nonsense.

[bob smith]

52 minutes ago, PJ71 said:

I've been hearing this for the 23 years i have lived here.....

so when you moved here Thailand was just coming out of the meat grinder lol

 

they are heading back in soon enough for another slice and dice.

[bendejo]

2 hours ago, OneMoreFarang said:

What can anybody expect from a fugitive criminal who doesn't use his real name calls himself Tony Woodsome?

Nuff said.

 

Penis envy?  An alias worthy of a porn actor.

 

 

[PJ71]

1 hour ago, bob smith said:

so when you moved here Thailand was just coming out of the meat grinder lol

 

they are heading back in soon enough for another slice and dice.

Eh?

[spidermike007]

No question unemployment is way, way up, the economy is in the toilet, and the policies have failed miserably. Whether or not the tourism sabotage was deliberate is questionable, but a question worth asking. A bit of a neocon type agenda? Destroy the industry, reduce it to rubble, get rid of the nightlife and the industry, and rebuilt it from scratch, in the image of great purity of the "noble ones". Quite a diabolical possibility.

 

It is amazing how these guys go on and on and on about what they are intending to do, and never, ever talk about the sacrifices they are willing to make, to attract these new businesses and investors. A true COTU (Thailand is the center of the known universe) mentality, and it is so far from reality, it boggles the mind. Millions of jobs have been lost. What is being proposed to help those families get back on their feet?

 

I truly believe, that 20 or 30 years from now, in tourism industry, business and sociology classes, at the uni level, there will be tours of these hollowed out shells, of huge hotels that were built, and could neither find guests to stay, nor even a market for condo conversions, and ended up abandoned, after buyers could not be found, or owners refused to accept 20% of the land and construction costs, as a sales price. 
 
That is where I see the future of Thai tourism. And why is the economy hurting here?

The 4 notable truths of Prayuth.
1. He has always been an incapable leader. He does not inspire men. He oppresses his people.
2. He does not have a clue how to run the economy. He has made a total mess of things. While many economies around the world are booming, Thailand is barely selling any new cars, barely selling any real estate, barely getting by. Millions are still out of work, due to the Prayuth Decimation. He is moving the nation backwards. 
3. He has destroyed tourism. It will likely never recover to a meaningful extent. So many mistakes have been made, so much timidity was shown, and so much sabotage has laid the industry to waste.
4. He is not liked by many. His popularity rating is likely under 5%. He would never be re-elected in a free and fair election. He is a dinosaur, lacking any creative juice, and selects only bottom of the barrel men for positions of leadership.

[hotchilli]

5 hours ago, webfact said:

The South American country was left destitute after years of corruption and mismanagement.

If the barrack room boys remain in power for another term Thailand will be going the same way.

[ThailandRyan]

6 hours ago, bob smith said:

Sad to say it but Tony is right.

 

Thailand is heading for the meat grinder...

 

Well in my view I see it happening a little bit each and everyday, with the household debt climbing out of control, NPL's not being added to bank balance sheets, the government failing to ensure they are on top of the inflation.  The billions borrowed and the lower end of society out begging more and more. Tourism will be slowing down around the end of April.  Prices are skyrocketing for food and power in the west, and as we found out yesterday many corporate locations are laying off folks, which does have a knock on effect here.  I am sure some economic guru will be telling us the past few months are nothing to be concerned about.  A few of the families we have been assisting are preparing to move back to the provinces they came from as it is getting harder and harder to live in Bangkok and the jobs are not as available as they were before.

[rabiedabruce]

6 hours ago, 2baht said:

Is that why you chose to run away, Tony??? The army seems to think they can do a better job! ???? 

Not at all a 'Tony' fan but the economy was very much better under him. The army are blindingly ignorant and useless.

[2baht]

2 minutes ago, rabiedabruce said:

Not at all a 'Tony' fan but the economy was very much better under him. The army are blindingly ignorant and useless.

I agree, but Tony was focused and made a motza!

[rabiedabruce]

32 minutes ago, spidermike007 said:

get rid of the nightlife and the industry, and rebuilt it from scratch, in the image of great purity of the "noble ones"

Purachai had all the bars close at 12 pm, even in Bangkok. Tumbleweed rolling down Silom and Sukhumvit. And THEN he brought in the 2 to 5 no alcohol sales. So 'Tony' may have been better at industry but none of them know anything about what tourists want and it's not all beer bars and karaoke. They are, after all, just a generation away from the swamp.

[Caldera]

For all his faults, "Tony" was so much more competent in managing the economy than the current inept lot in charge that it hurts.

 

Who knows what Thailand could have achieved if the army hadn't meddled in politics! Now there's only debt and stagnation, what a depressing state of affairs. 

[brewsterbudgen]

Just now, Caldera said:

For all his faults, "Tony" was so much more competent in managing the economy than the current inept lot in charge that it hurts.

 

Who knows what Thailand could have achieved if the army hadn't meddled in politics! Now there's only debt and stagnation, what a depressing state of affairs. 

Indeed.  A sad state of affairs.  The military and banana coloured shirts have a lot to answer for!

[LivinLOS]

3 hours ago, PJ71 said:

Eh?

well 25 years was the asian currency crisis.. the baht devalued by >50%.. inflation on international goods was obvious the same.. Everyones assets were cut in half.. etc etc.. 

That devaluation kickstarted the budget Thailand and its been a good run since then but yes.. Hes right.. 25 years ago Thailand did suffer hard.. 

[ThailandRyan]

2 minutes ago, brewsterbudgen said:

Indeed.  A sad state of affairs.  The military and banana coloured shirts have a lot to answer for!

Yet they never will, and this current group in power gave themselves a free pass from being prosecuted for any wrongdoings....I mean has article 44 really been canceled

 

Security law

But the leadership has virtually absolute power in Thailand. The government replaced martial law with a controversial security law known as Article 44. Described by critics as a “dictator’s law”, it gives Prayut unchecked power over all branches of government and grants him immunity from prosecution.

[proton]

Very few, if any army Generals have succeeded in running a country for a number of years without screwing it up. Somehow they always seem to end up rich themselves though.

[PJ71]

15 minutes ago, LivinLOS said:

well 25 years was the asian currency crisis.. the baht devalued by >50%.. inflation on international goods was obvious the same.. Everyones assets were cut in half.. etc etc.. 

That devaluation kickstarted the budget Thailand and its been a good run since then but yes.. Hes right.. 25 years ago Thailand did suffer hard.. 

Yes, i understand what happened in 1997, are you suggesting it's gonna happen again?

 

People predicted the end of Thailand during 2008 recession - NO

 

People predicted end of Thailand during red / yellow shirt circus in 2011 - NO

 

People predicted end of Thailand during Covid - NO

 

For whatever reason Thailand seems to 'keep on truckin'.

[LivinLOS]

1 hour ago, PJ71 said:

For whatever reason Thailand seems to 'keep on truckin'.

Access to consumer debt.. 

 

But that then is a drain of forward consumption.. Thailand will no doubt still be here and carry on muddling through... But it now has low growth, medium inflation, massive debt loads, and is incredibly reliant on a kind of strip mining tourism that is destroying the appeals and beauty it had. 

That isnt a cheerful picture. 

[ThailandRyan]

9 minutes ago, LivinLOS said:

Access to consumer debt.. 

 

But that then is a drain of forward consumption.. Thailand will no doubt still be here and carry on muddling through... But it now has low growth, medium inflation, massive debt loads, and is incredibly reliant on a kind of strip mining tourism that is destroying the appeals and beauty it had. 

That isnt a cheerful picture. 

87% household debt is a hard thing to overcome....

[PJ71]

9 minutes ago, LivinLOS said:

Access to consumer debt.. 

 

But that then is a drain of forward consumption.. Thailand will no doubt still be here and carry on muddling through... But it now has low growth, medium inflation, massive debt loads, and is incredibly reliant on a kind of strip mining tourism that is destroying the appeals and beauty it had. 

That isnt a cheerful picture. 

What do you think will happen then?

[BritScot]

8 hours ago, 2baht said:

Is that why you chose to run away, Tony??? The army seems to think they can do a better job! ???? 

Well they have proven inadequate, incompetent at everything they have touched. One just has to look at the growth figures plus the Thai rankings which were all much better. I never liked him personally but he was the best for Thailand and still is. A foot not to all the fan boys out there please tell me of one single country in the world that prospered after a coup, just one?

[2baht]

2 minutes ago, BritScot said:

Well they have proven inadequate, incompetent at everything they have touched. One just has to look at the growth figures plus the Thai rankings which were all much better. I never liked him personally but he was the best for Thailand and still is. A foot not to all the fan boys out there please tell me of one single country in the world that prospered after a coup, just one?

I generally agree, although whoever gets to run the country will pillage it! Running Thailand is the best scam there is!