Chart : Private investment and Consumption indexes dive in february

(Source Bank of Thailand)

The Private Investment Index and the Private Consumption Index plunged in february.

index0209

-12 % and -7 %, compared to february 2008. Everything is in line… with a very bad GDP Q1.

There is absolutely not sign that could make us believe that march has been better…

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Thailand Crisis

Coup, Economic slowdown, Terror In the South... The situation is worsening in Thailand. Bumpy road like often before.

But this time, it's different.

The key to understand the present turmoil is the inevitable... succession of King Bhumibol.


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