Post Thai election comment.

Post Thai election comment.

Since Thai election passed, the SET index has slightly increased in value, and this with more then just a few stocks. The strong Thai Baht vs. major other currencies has not moved down.  Sadly, following the foreign main stream media will have most convinced it's all about voting and democracy.  But when you look around you at the mess the rest of the (developed) world is in, and the descent into chaos that sooner or later appears' unavoidable(?); can one really blame the many in Thailand who just don't want to import a new bunch of feudal lords from Wall Street/USA/Washington?  Which through democracy, Western style, invite all the big bis./franchises and Western big biz/norms/abuses which are too often are not what they are cracked up to be.

In Switzerland, just one example big Pharma and big banks are soo dominant and consumer/housing prices there remain horribly high to the average citizen, or visitor.   Vs. here folks can live on for just a few hundred Baht a day. Thai economic growth (GDP) should not drop much below 4% this year (perhaps twice of Swiss or even USA) -as the different political factions all do agree that mega spending needs to continue on Infrastructure and so this remains likely a/the big driver for the Thai economy -regardless of political bickering.

Best Regards,