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    Posted April 17, 2009 by
    sundae |
    Location
    Bangkok, Thailand
    Assignment
    Assignment
    This iReport is part of an assignment:
    Bangkok protests

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    Thai democracy high price tag!

    By sundae  |  Posted April 17, 2009  |  Bangkok, Thailand
     

    Thailand a land of smile turned to a land of gun and fire has cost us tourism industry lost 200 billion baht (5.7 billion US$). World recession make it worsen.

    Today (april 17), Thailand's government approved a plan on Friday to raise an extra 94 billion baht (US$2.66 billion) in the domestic market for spending to help the economy. The new borrowing would increase its debt issuance to 619 billion baht from a planned 525 billion baht in the current fiscal year to Sept. 30.

    US$2.66 billion is merely a small money compare to one American corporation and even one European company.

    Thai people; yellow shirts or red shirts are going to pay the high price tag for democracy.

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