The leaders of the military coup that forced out the legally-elected government of Thaksin Shinawatra over alleged tax irregularities, are discovering that running the country is a lot harder than criticising him.
Bold exchange control measures to slow the rise of the Thai Baht wiped out US$23 billion of the market capitalisation of a rather small market leading to an immediate rescission of those measures. Perhaps they should get some advise from Thaksin.
Thursday, December 21, 2006
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