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Thailand cools hotmoney Replies |
Goodfella Veteran Poster

Joined: 14 Oct 2005 Posts: 301
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Posted: Sat Jan 13, 2007 6:42 pm Post subject: |
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indeed
that the people in charge are not aware of hte implications and do not have a grasp of economics; the full extent of the implications is worth knowing |
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HenryTo Site Admin


Joined: 06 Aug 2004 Posts: 11742 Location: Los Angeles, California
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Posted: Sat Jan 13, 2007 5:55 pm Post subject: |
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No governments are better than shooting themselves on the foot (or more appropriately, the people they are "governing") than miltary governments:
http://www.bloomberg.com/apps/news?pid=20601109&sid=a41Er4FAFX4Q&refer=home
So far, the amount of capital devoted to capital spending and/or infrastructure investments in emerging markets is still miniscule, compared to how much funds will be needed in the next decade or so. There is no doubt in my mind that borrowing costs will also go higher over the next five to ten years - especially since much of the funds will also be needed to upgrade infrastructure in the United States as well. Thailand will be the last country on the list for investors - and their borrowing costs will thus soar. |
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HenryTo Site Admin


Joined: 06 Aug 2004 Posts: 11742 Location: Los Angeles, California
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