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.
- Directions to Bangkok’s 24-hour casinos
- Bangkok Master Plans 1979-2006
- Gem Scam: 463/9-12, Look-Luang Rd
- Gem shop locations involved in the scam
- Anonymous Posters at Thammasat University
- WOW! Thailand’s first tunnel under the Chao Phraya River is underway
- Thaksin’s public beatings
- Why foreigners criticize Thai people who speak “Siamese Talk”
- High tension in Thailand: August, 2006 news
- Thaksin’s Senators and Lawsuits: Bangkok Post chooses its words carefully
- Lucky number license plates for sale