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Bt2 trillion loan bill halted, pending court ruling


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Wonder who has that sort of money? may be PM decides to keep it in the family, hate to think what the interest payments work out at?

It won't be difficult finding investors, among rich Asians, who wouldn't mind getting steady % payments. It's Thai taxpayers who get the shitty end of the stick - for at least 2 generations.

The project itself is mostly to facilitate Chinese commerce (and incremental dominance) of SE Asia. The primary rail line goes N/S from China to Bangkok. Rich Chinese are already lining up to finance it. It's a double win for them: interest payments from Thai taxpayers, and a quicker route to sell their plastic crap to SE Asians. Oh, and to facilitate Chinese tourists coming here. I won't elaborate upon the 120 to 100 ratio of testosterone-riven Chinese males to females, prodding men to search elsewhere for wives and boom boom. I'll leave that to your imagination.

Like what you say but one trivial detail. The line is required to go as far as Singapore so Thailand is little more than a stepping stone/trough.

Maybe China will make it all the way to Australia......sad.png

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