THE COLLAPSE OF THE THAI ECONOMY IN 1997

For persons understanding the basics about the laws for National Economy it is not hard to recognize why the national as well as the business and private economic systems burst here in the summer of 1997. I am often asked why that could happen and I think I should try to fill you in. It can be embarrassing now and then for me to understand that most persons know many of the basic laws about physics but completely fail to comprehend that economies, regardless of nature, have strong laws as well and when violated, you can predict the outcome with 100% accuracy.