jueves, 12 de noviembre de 2009

Thai Stock Market Crash

The Thai stock market crash in mid October continues to rumble on, with four or five more arrests likely according to Reuters. The two people charged so far, have been accused of "spreading false rumours" about the Thai king's health - for money! Those behind this accusation are neurotic, it's clear.

But surely, before we can judge for ourselves if these rumours are "false", shouldn't we be told what these two people said? And what exactly is "the truth" about the Thai king's health? It seems no-one can say "the truth" because then the stock market will crash, but everything that is not "the truth", is a "false rumour". This logic is crass.

Sorry, but all that nonsense about Bhumibol having a "slight fever" doesn't wash any more. It's been two whole months now. It's obvious the King is ill. Very ill. And yes, he's going to die, sooner or later. Do stock market traders actually think the Thai king will live forever? Of course he won't. In the same way that shares go up and don't, people are born and then they kick the bucket.

Oh, man! These traders are simpletons. No wonder the economy is "in crisis".

Good video from palrakonline

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