Rich get Richer, and Politics.

by **Aardvark** » August 28, 2010, 4:23 am

An interesting read, what do you think ?? http://www.bangkokpost.com/news/local/1 ... he-picture

by **nkstan** » August 28, 2010, 8:32 am

Well I think the article is ''on the money''!But so what,because the purposely undereducated are not interested in the specifics of the argument or long term goals!

When and if the people realize that ''slavery'' does exist,enveloped in the caste and class system fortified by religious,corruption and other institutions,there might be a chance for the future changes,but I wouldn't hold my breath,waiting! :roll:

!

The movenment of the poverty level is a mute point as it is based on forever moving comparable social levels.Because of the village mentality,relative weather patterns and large rural community living compared to city dwelling,poverty doesn't really exist as compared to many countries of the World where people are starving to death!

by **UdonExpat** » September 2, 2010, 11:38 am

As in the US, the most of the wealth is controlled by a few families.

Thailand's 40 Richest
Suzanne Nam, 09.01.10, 06:00 PM EDT

Their net worth is over $36 billion. With a fortune of $7 billion, conglomerateur Dhanin Chearavanont is the new No. 1.

A turbulent May looked like it would send business reeling in Thailand-in response to protester encampments, the military took over parts of the capital and more than 80 civilians were killed as fires rocked the stock market building and partly gutted the country's largest mall, Central World, owned by the Chirathivat family (No. 4). But Thailand's SET 50 Index barely budged and is up 20% since we published our last list of the nation's wealthiest. The Thai baht has appreciated 7% against the U.S. dollar, and GDP should grow 7% in 2010

Three-quarters of the richest added to their fortunes, including the biggest gainer, Aloke Lohia, whose net worth nearly tripled when he took his integrated polyester company, Indorama Ventures, public earlier this year. The son of an Indian entrepreneur is a newly minted billionaire and jumps 13 notches to No. 6, with a net worth of $1.25 billion. Also joining the country's billionaire ranks for the first time this year are Pruksa Real Estate's Thongma Vijitpongpun and Mitr Phol Sugar's Isara Vongkusolkit............

http://www.forbes.com/2010/09/01/thaila ... orySection

by **Aardvark** » September 2, 2010, 11:52 am

Wow, that's a little more than your average Issan person can expect to earn

I do wonder some times who the big investors are in Thailand, apart from the Motoring Industry ??

by **UdonExpat** » September 2, 2010, 7:07 pm

If you read through the list of the 40 richest people in Thailand many are rich because of Thai consumers; whiskey and beer, energy drinks, department stores, construction, hospitals, hotels and restaurants.

I read through the list and many are connected with each other through investments with each other. It's an interesting read.

Rich get Richer, and Politics.

Rich get Richer, and Politics.

Re: Rich get Richer, and Politics.

Re: Rich get Richer, and Politics.

Re: Rich get Richer, and Politics.

Re: Rich get Richer, and Politics.

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