Quote:
Originally Posted by icon513
Actually, Thailand's financial situation is better than that of many Western "powers" these days. I can't recall Thailand's credit rating being downgraded recently.
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Indeed. Thailand's public debt is at 40% of its GDP, a (lowish) figure most "Western/colonial powers" can only dream of these days.
The private sector also has plenty of money. Sure, there's a lack of equal opportunities, but that's more of an illusion in many Western countries, too. Especially since ordinary tax payers have been forced to "bail out" the "elite".
So from today's point of view, us Westerners are well advised to have a somewhat humble, modest attitude when passing judgment on other countries.