Great posting.
Most of this checks out as there are similar reports appearing in the Bangkok Post. I took one paragraph from the article which sums it up:
Thailand doesn't really have an open door policy that says "welcome to Thailand, please do business, and keep your profits." Instead, it has the policy of "welcome to Thailand, please do business until we can screw you out of all your money, snicker, snicker, snicker, then go home."
Is it going to far to say that Thailand is the world's scrounger ? I don't mean beggar, as beggars never have enough moneynd need to beg.
When dealing with any Thai, I have always been left with the impression that they think the farang owes them a living.
I taught Thais in England in mixed race/culture classes. They consistently came bottom, didn't really try, and didn't get along with classmates. So I can relate to the probability of this happening on a bigger scale.
I think Thailand has reached a crisis point: the world at large has finally woken up to the scale of their collective dishonesty, stupidity and incompetence. Harsh words - well, I'm sitting on sizable investments that I feel might be grabbed at anytime. Let's face it every rule change in the last year suggests they want out of the international arena, so they can get back to being poor little Thailand holding out their hand to the rest of the world.
Most reports seem to suggest that things will get back to normal when the political situation resolves itself. "Normal" are you kidding ? And is it so certain that a Junta will move over that easily ?, especially now it has got it's fingers back in so many big pies. Elections are already behind schedule and most of the elite politicians are facing charges in the next couple of months that could rule them out of elections.
Thailand drove out the fox, but quite how it will rid itself of the pack of wolves I don't know.
I can only see a prolonged downward trend, which will eventually be resolved by another Thaksin like push for modernisation.