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Krataiboy

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About Krataiboy

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    Little Briton

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    Thailand

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    Here and there

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  1. You make it sound like a charity rather than a thriving business corporation handling billions of dollars - and an outfit subject to the "frequent criticism" that it is not able to track its money because of its use of financial intermediaries. The Nation article, for some inexplicable reason, made no mention this or of a report in 2015 by Oxfam International and a number of NGO's which concluded IFC was not performing enough due diligence and managing risk in many of its investments in third-party lenders. Among other criticisms of IFC conveniently if understandably omitted from the Nation article is that it "works excessively with large companies or wealthy individuals already able to finance their investments without help from public institutions" - for example, providing a loan to a Saudi prince for a five-star hotel in Ghana. Source: Wikipedia.
  2. About as reliable a forecast as those emanating from climate change modellers of what the world's weather will look like half a century from now. Were it humanly possible to accurately predict currency fluctuations, the world would be full of George Soroses (Heaven forbid).
  3. Did I somehow miss it? Or has the government decided to keep us on tenterhooks even longer over who will be caught in their compulsory health insurance net? Last Sunday, a Nation article predicted an official announcement on August 22. But as of yesterday, nothing had materialised - and still hasn't. Is no news good news?
  4. Better ask Greta - two weeks at sea with only a bucket for a toilet, poor kid.
  5. The official household debt to GDP ratio in Thailand, which averaged 49.89 percent of GDP from 1991 to 2018, is now 78%. "If one includes informal household loans, the total household debt figure could easily be near 100% of GDP", according to economist Chartchai Parasuk. https://www.bangkokpost.com/opinion/opinion/1644312/household-debt-squeezing-the-nation
  6. No, because most of them work for the super-rich bosses the half dozen corporations which control the mass media. Not only that, but search engines like Google are manipulating data to ensure we can only access information they consider relevant or appropriate. The results can sometimes be as hilarious as they are frustrating. If you don't believe me, try doing a Google image search for "White Couples"!
  7. I thought the author's face looked familiar. He is no journalist, but Phillipe Le Houerou, CEO of the company getting a free plug. FIC is a tentacle of the World Bank - of which Mr Le Houerou happens to be a former vice-president. PR 'puffs' presented as editorial are commonly linked to lucrative advertising deals.
  8. Marriam-Webster is for old farts like me (and you?). The woke generation prefer Urban Dictionary or Hippo. Get with it, man!
  9. Nah, you're peering up a cat's ass. Urban Dictionary defines "woke" as being aware, and "knowing what's going on in the community." That was my context.
  10. Eureka! Just seen an item on today's Forum marked "Advertorial"! Hopefully, our message has got through at last.
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