Reversal of Fortune for Bangkok – WSJ, August 20, 2013
…Rumors of a coup flew in Bangkok a few weeks ago, leading the police to detain several people for their Facebook posts. Prime Minister Yingluck’s party tabled a bill to amnesty those who committed crimes during the civil strife since 2006, and that has royalists on alert to stop her brother, former Prime Minister Thaksin Shinawatra, from returning from exile. Some investment is on hold, waiting to see how this plays out.
The lesson for Thailand and its neighbors is the familiar one that they need to tread a careful path among the great powers. Since they can’t avoid being whipsawed by U.S. and Chinese policies, the best recourse is to put their own houses in order so investors won’t panic when the money flows reverse direction.
- 23 Years Ago: Black May 1992
- Six Years Ago: The Forgotten Siege of Bangkok
- All About Royal Ploughing Day
- Thai hairstyles of the past
- 23 Years Ago: Black May – Censorship issue of the Bangkok Post
- Chakri Memorial Day
- 5 Years Ago: When the Red Shirts Accepted an Offer of New Elections & Announced an End to their Rally
- 10 Years Ago: The Luang Sathorn Mansion/Russian Embassy
- Coronation Day
- Five Years Ago: Clash at Kok Wua Intersection
- 5 Years Ago: Burning Bangkok