Wednesday, January 10, 2007
@11:20 PM
Have you sold your Thai shares?Thai government is nuts ~
Ever since the military took over the government, only shits happen.
- Military coup
- New Year's Eve bombings in Bangkok
- More attacks in Southern Thailand
- 30% capital controls imposed
And today, a bigger bomb drops. The Cabinet has approved a draft law that will restrict foreign ownership of local companies to 50%. Do you know the implication of this law? Freaking idiotic. Months ago, I had a post on this issue in which Thai is looking for ways to protect its mama-shops. These retired army generals really have no idea what's economy and politics. Yeah, continue with all these stunners. Sooner or later, Vietnam will catch up.
by Str|fe
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