Thai Mess: the power of (stupid) government
(2006-12-19 10:18:10)
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20 billion gone in one day, wiping out Thai stock market all year gain, and some. This won't be the last stupid one in the world. Actually Thai was considered as the smarter one among all the semi-third world capitalist brethens.
What about, say, South Korea, does something half as stupid? The world equity value can be easily set back a year.