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“Beggar thy neighbor” : Vietnamese Dong devaluation affects Thailand

Posted on November 26, 2009

That’s the beauty with cheating : you always find a bigger cheater than yourself. And this is exactly what is happening in Asia (and around the world). The crisis is worsening (see Dubai’s default ), tensions and imbalances are increasing, and all the clowns try the same thing : The Beggar thy neighbor policy , in… Read full story >>>

Written by: ThaiCrisis.

Discovered by: ThaiBlogSearch.com

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