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Thai economy likely to take a hit because of political turmoil


webfact

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Well the good news is that the Economist was both praising the 2 trillion infrastructure plan today and saying that the level of debt it would create would be manageably low compared to many countries. That will help the dip and is probably why this project is supported by such a cross political party section of business.

You know those tumbleweed scenes in the old western films. Your post is just like that, slowly, serenely rolling through the forum whilst the usual suspects are scrambling over each other in the bid to say the most outrageous things they can about the economy. A wondrous sight to behold , may I say.

Good to see that the infrastructure plan has been well received in this instance. Of course that hasn't always been the case given the current administration's patchy performance so far but at least the scheme shows Thailand is trying to compete with some of it's rivals.

What needs to happen now is to find some competent government officials to manage the plan and make sure all the money goes where it is supposed to and that the debt is managed efficiently.

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