Although I am tempted to write about the possible sixth cabinet reshuffle by Thailand’s Prime Minister Yingluck Shinawatra, indications are that it won’t happen before mid-November, so I can wait to contribute my two cents later.
Much more pressing is the fact that 10 days from today the world, especially Asia, could face an upheaval on a scale not seen in decades, not because of any military conflict but because of the ideological war in the United States.
D-day is Oct 17, when the United States runs out of cash to pay its debts and falls into default. The ideological war in Washington is headed nowhere, except for an exit by investors who have long believed in this beacon of capitalism.
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