http://www.thefinancialist.com/the-curious-case-of-thailand/?utm_source=outbrain&utm_medium=cpc&utm_campaign=the_financialist_main&utm_content=34252461

Not the first time I've seen low population growth described as a negative for Thailand in relation to its neighbours, but how many here want to see even more vehicles on Thai roads ? How many want the huge pool of under-employed people that seem to be seen as 'assets' on the balance sheets in Indonesia and the PI. I doubt that too many in Bangkok are reading these numbers with any kind of roadmap for the future in mind: thoughts ?

Those less-than-desirable demographic trends are hurting the economy. The combination of labor shortages, low investment rates and the scarcity of high-level skills have already become binding constraints on long-term growth rates. As a result, Thailand’s potential GDP growth rate could fall to around 3.5 percent over the next decade from the range of 4 to 4.5 percent that has been seen in the past, according to Credit Suisse analyst Santitarn Sathirathai

These guys are delusional. They merely extrapolate past trends and call it truth. The fact is that, since 2008, there has been no growth in the world aggregate. Reasons: resource constraints, environmental issues, debt burdens. Growth was good while many could participate, but cancer was never a good long-term economic strategy.