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Random Thoughts: That’s a wrap
Congratulations Thailand, you’re one of the worst performing markets in the world (granted the country has a week left to turn it around, perhaps DELTA will race to 1,000 and save every mutual fund in the country.)
A quick rant for the year (or future) – nothing changed – (ok fine, the POS overleveraged co’s are struggling)
Politically – Thaksin bent over to return home and the military and friends still cockblock the population for their choice of leader. I do muse that if they had just let Move Forward go ahead, form and lead the government that we would all be shocked by how badly they perform for the country economically.
Economically – People forget that there were lockdowns and no one outside of the big players could do business. COVID was an extinction event for SMEs & with banks no longer playing nice and calling back their loans,…
Read more…
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