Post by Deleted on Oct 2, 2015 3:05:50 GMT 7
Interesting report re the economic collapse in Isaan -
www.reuters.com/article/2015/10/01/us-thailand-politics-idUSKCN0RU2R820151001
"The rural heartland of Thailand's deposed leader Yingluck Shinawatra and her exiled billionaire brother Thaksin is hurting as a result of the military government's economic policies, stirring discontent and the threat of protests.
The removal of generous agricultural subsidies has left rice farmers in northeast Thailand struggling with mounting debts, and they will get little relief when they sell their crop in coming months with rice prices near an 8-year low.
Petty crime is on the rise and retailers are struggling. The vast Platinum 168 shopping mall on the outskirts of the provincial capital of Udon Thani was built during the boom, but it is now less than a third occupied and no longer charging tenants rent...........continues
www.reuters.com/article/2015/10/01/us-thailand-politics-idUSKCN0RU2R820151001
"The rural heartland of Thailand's deposed leader Yingluck Shinawatra and her exiled billionaire brother Thaksin is hurting as a result of the military government's economic policies, stirring discontent and the threat of protests.
The removal of generous agricultural subsidies has left rice farmers in northeast Thailand struggling with mounting debts, and they will get little relief when they sell their crop in coming months with rice prices near an 8-year low.
Petty crime is on the rise and retailers are struggling. The vast Platinum 168 shopping mall on the outskirts of the provincial capital of Udon Thani was built during the boom, but it is now less than a third occupied and no longer charging tenants rent...........continues
, good money earner?
