Thailand Hubub

[RugbyD]

and for a minute there i thought geopolitics was going to get boring...

The Thai military moved tanks around government headquarters in
Bangkok the evening of Sept. 19 as part of an apparent army coup.
Thai Prime Minister Thaksin Shinawatra is in New York, and he will
not be able to return until some sort of compromise has been made.
Thaksin tried to make a statement on television regarding a state
of emergency, but the programming was interrrupted to show pictures
of Thai royalty while songs associated with former military coups
played in the background.

The tanks moved in shortly after Thaksin issued a state of
emergency and ordered army Commander in Chief Sondhi Boonyaratkalin
to report to Deputy Prime Minister Pol. Gen. Chidchai Wannasathit.
It is unclear whether this is an attempted coup, preventative
military action or a countercoup.

Meanwhile, things are relatively calm in Bankgkok. No soldiers have
been patrolling the streets, no curfew has been declared and the
airport is open

[Coppermine]

and for a minute there i thought geopolitics was going to get boring...

The Thai military moved tanks around government headquarters in
Bangkok the evening of Sept. 19 as part of an apparent army coup.
Thai Prime Minister Thaksin Shinawatra is in New York, and he will
not be able to return until some sort of compromise has been made.
Thaksin tried to make a statement on television regarding a state
of emergency, but the programming was interrrupted to show pictures
of Thai royalty while songs associated with former military coups
played in the background.

The tanks moved in shortly after Thaksin issued a state of
emergency and ordered army Commander in Chief Sondhi Boonyaratkalin
to report to Deputy Prime Minister Pol. Gen. Chidchai Wannasathit.
It is unclear whether this is an attempted coup, preventative
military action or a countercoup.

Meanwhile, things are relatively calm in Bankgkok. No soldiers have
been patrolling the streets, no curfew has been declared and the
airport is open

Please, just tell me the Thai whores are ok?

[StlSluggers]

And in response, American markets fell. Hopefully, it was the funds with heavy foreign holdings leading the decline. I've been waiting for a chance to get back in on those for a while, and this might give me my "buy low" opportunity I've been waiting for.

[RugbyD]

And in response, American markets fell. Hopefully, it was the funds with heavy foreign holdings leading the decline. I've been waiting for a chance to get back in on those for a while, and this might give me my "buy low" opportunity I've been waiting for.

I think it was more of a reaction to the effect this had on the currency rather than the event itself. We've already recently seen what happens when the currencies in that region hiccup. Many are closely connected. I've had holdings in a Pacfic Rim ex-Japan fund for a while and was looking to unwind them soon. Might have to wait a little longer now...

[PlayingWithFire]

Let's hope it doesn't get bloody.