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Public debt falls below Bt6-tn mark


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Thailand's public debt at the end of January retreated slightly from the previous month when the debt level surpassed Bt6 trillion for the first time in history.

 

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Thailand's public debt at the end of January retreated slightly from the previous month when the debt level surpassed Bt6 trillion for the first time in history.

 

View the full article

 

 

Interesting, is this a result of western values highjacking eastern culture? The need for material wealth is increasing like crazy in TH in my opinion. In BKK Massaratis and Ferraris are rolling down Sukhumvit while Thai school girls are lingering on their iPhone 6s. The West is debt ridden like crazy, a hole we will never escape, and by the looks of it TH is heading in the same direction. Pattaya BGs with huge MasterCard debt and freelancers that has signed for 2 x mortgages with no money down. The use of credit will bring the world to its knees. 

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