Looking at the chain of events for the 11 Red Shirt leaders leading up to having 1 million Baht of bail money available, the first and most obvious question is where it came from. Seeing that their bank accounts were locked down and some were crying poverty, the first and almost instinctual conclusion many now have is Thaksin is footing the bail. Continue reading Post ID 8851
- Tag Archives banks
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Greed key to man-made disasters
This could have been easily named ‘BP Unplugged’ or ‘Secrets to global economic meltdown’, but the problem is much wider than that. The human track record is very clear that when tempted by greed disasters happen, and they happen a lot. Continue reading Post ID 8851
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Oil prices cause anemic economic recovery
Looking at the uneven economic recovery in the US, you begin to understand how much the price of oil influences things. Wall Street seems happy, but for everyone else that has a tank to fill things are very different. Continue reading Post ID 8851
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Political views when viewing politics
One of the more difficult tasks when discussing politics is finding the right vantage point to see the journey as well as the destination. Often the path from point ‘A’ to point ‘B’ is anything but a straight line so snapshots along the way can look way out of place. Continue reading Post ID 8851
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Biting the hand that feeds you
When an animal makes a mistake and bites the hand that feeds it, it soon discovers it’s error when it’s stomach starts to complain. The question is are banks as smart as animals or not. Continue reading Post ID 8851