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Thailand Braces For Fresh Political Instability


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#76 animatic

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Posted 2010-02-03 15:50:52

View Postrainman, on 2010-02-03 15:37:07, said:

With the February 26th decision on Thaksin's frozen assets, I think Thailand has more at stake than just that. It will also be a verdict on how Thailand deals with investments and funds, not just from Thais but also from foreigners. If Thailand sends a signal that billions belonging to the PM can simply be frozen and taken away without a proper trial ..and as I said before, the verdict was already established well before the case went to court ..it will send a very negative signal to potential foreign investors. If the PM's money can be frozen and taken away by a puppet government established by a military coup, I think they'll rather take their funds elsewhere.
I really think that precedent was set a LOOONG time ago.
Thais have for a long time been able to rip off farangs with relative impunity.

In recent history ask Mr. Monson who was ripped off and incarcerated by Kuhn Thaksin
as a partner in his businesses that he wanted to get rid of, but keep all his assets here.
He was proved not guilty in court, but STILL lost all his investment to Thaksin.

If someone of enough clout wants what you got, or just thinks you lost them too much face,
they can get you gone and keep your share.

If Thailand sends the signal that even high roller exPM puyais can get taken to court,
then multinationals and other well heeled investors might think they can get a fairer shake
than Thaksin gave Monson....

#77 OZEMADE

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Posted 2010-02-03 15:53:50

View Posteljeque, on 2010-02-03 13:37:19, said:

"And when Thailand asks too many questions about itself and does not know where to go, the only institution that works is the military."

What does he mean by works?
I hope NOT like BURMA

#78 animatic

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Posted 2010-02-03 15:54:18

View Posteggomaniac, on 2010-02-03 15:41:48, said:

View Posth90, on 2010-02-02 22:27:35, said:

View Postdavejonesbkk, on 2010-02-03 13:24:52, said:

why are they churning out these stories everyday??? It seems like they are just rehashing the same stories....
well since 2006 basically the same old story with some minor changes......


since the 1930's, truth be told
Pretty much, it's just today the news gets sent out at speed of electrons, not tuk tuks.

#79 way2muchcoffee

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Posted 2010-02-03 15:55:53

View Posttonywebster, on 2010-02-03 15:27:49, said:

the ideal would be a fixed reasonable size for a house with garden, but stop foreigners buying two plots next to each other to stop them amassing too much land on one plot

I agree, but would further require that the foreigner is married to a Thai national at time of land purchase.  

There could also be a second mechanism for financially secure foreign seniors in retirement.

#80 TAWP

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Posted 2010-02-03 15:58:28

View PostTheBrit, on 2010-02-03 14:14:11, said:

Democratic countries don't have 17 coups in 60 years, thats what dictatorships have.

No, dictatorship and coups have no correlation. Past history of our world has shown that it can go either way after a coup, depending on who does it.

#81 AsiaCheese

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Posted 2010-02-03 15:59:02

View PostOZEMADE, on 2010-02-03 09:53:50, said:

View Posteljeque, on 2010-02-03 13:37:19, said:

"And when Thailand asks too many questions about itself and does not know where to go, the only institution that works is the military."

What does he mean by works?
I hope NOT like BURMA

Nope. Burma with electricity  :)

#82 george

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Posted 2010-02-03 16:01:39

Topic closed pending moderation.



 


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