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Pridiyathorn confident Thai economy to pick up in second quarter


webfact

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You only need to spend a few minutes on google to find out what the rest of the world thinks of this man's grasp on all matters economic. It was about a decade back when he almost took down the whole Thai economy.

Incompetent is one if the more charitable words oft cast in his direction by wiser minds.

All matters economic? Seriously?

He placed capital controls on the equity markets, an error he righted within a few hours. Some short term investors lost a lot of money and some fund managers were embarrassed, but the guy was open minded and quick to right his decision. Within a few days the markets had returned to normal.

That was years ago. He has been in positions of authority for many years so what are the "all matters economic" you are referring to?

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