Second Tsunami is coming? (Singapore’s Debt)
Singapore’s ratio of debt to GDP is a whopping 99.2 percent.
If Singapore goes belly up, forget about any substantial growth in Asia to spur global recovery. Anyone who knows about the way business is done in the ASEAN region knows too well that if Singapore defaults, Indonesia will be the first to sink, followed rapidly by Thailand and Malaysia. The contagion will then spread to the rest of Asia. China will not be able to put out the fire.
When?
After the failure of Europe to solve the problems of Greece, Spain and Portugal!
Source: FutureFastForward
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The food in Bangkok is fantastic and not expensive, all the locals we met were very nice and anxious to help. We stayed at The Bungalow Mountain Resort- a completely different place to the hectic tourist trap in the west of Bangkok City like that KhaoSan Road place.
Raymond Sanez
12 Mar 10 at 10:21 pm
Could you please translate your site into German since I’m not so comfortable reading it in English? I’m getting tired of using Google Translate all the time, there is a little WP plugin called like global translator which will translate all your pages automatically- that will make reading articleson your great blog even more enjoyable. Cheers mate, Thailand Top 100!
Thailand Top 100
14 Mar 10 at 5:09 pm