<p>
	&nbsp;</p>
<div>
	After the flood, Pheu Thai is so desperate to fill its war chest, and politicians their pockets, they are willing to take this nation to the cleaners. This &nbsp;decisioncan have only one effect: Thailand will become the Greece of Asia.</div>
<div>
	Clara Holzer</div>
<div>
	Bangkok</div>

Thailand headed down Greece's path

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<p>Jarupong is a reporter and translator specialising in technology and sustainability.</p>

<p>jarupong_kri@nationgroup.com</p>

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<p style="margin-bottom:11px"><span style="font-size:11pt"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif"><span style="font-size:18.0pt"><span style="line-height:107%">Nongluck is a senior economic journalist covering the macroeconomics, real estate, and corporate investment strategies driving growth across Thailand and Southeast Asia</span></span><span lang="TH" style="font-size:18.0pt"><span style="line-height:107%"><span style="font-family:&quot;Angsana New&quot;,serif">.</span></span></span></span></span></span></p>

Thailand headed down Greece's path

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