Posted on 05/19/2010 5:29:17 AM PDT by blam
All Hell Breaking Loose In Thailand, Stock Exchange On Fire
Vincent Fernando, CFA
May. 19, 2010, 5:01 AM
Via Twitpic
Developing... my twitter has a play by play of today's events so far @vincefernando
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All hell is breaking loose in Thailand now. The army moved to clear protesters out of their main Ratchprasong encampment this morning, moving slowly inwards towards the main protest stage while encountering sporadic resistance in the outer area of the protest site. There were some limited casualties, including foreign journalists, though we'll wait for official confirmation of the exact counts.
Via Twitpic
Yet even after the key Thai protest leaders surrendered themselves to police and told their followers that the protest was over, riots spontaneously broke out across Bangkok and in upcountry provinces.
There are now multiple locations in Bangkok where protesters are angry and burning tires, burning buildings, and clashing with security forces. Even upcountry, Thai television has shown mobs of protesters storming some town halls and lighting them on fire. Symbols of the Thai establishment appear to have been targeted. For example, protesters immediately tried to burn down the luxury Central World shopping mall next to their main protest stage. One Thai TV station, Channel 3, is also reportedly besieged by people.
One odd occurrence in our view has involved the Thai stock exchange. It actually ended in the green today, despite Asia being generally down. Apparently investors under-estimated the implications of the army crackdown today. It's not as easy as forcing a few people into submission. Well it's been now made pretty clear, especially because the stock market building itself is now on fire:
Via Twitpic
[snip]
(Excerpt) Read more at businessinsider.com ...
apparently some Thais are not “keeping a cool heart”
who benefits from this violence? Financially and politically?
Hope there are SOME adults on Wall St looking at this circumspectly...
“Thailand’s army stormed the Red Shirt anti-government protest camp in Bangkok Wednesday, and the movement’s leaders were arrested. But enraged demonstrators fanned across the city setting fires…”
According to AP it’s winding down now
I was one of the originators of the legendary “Thailand” comments. I think I was number two or Three inside of 5 seconds. LOL
“Thai protest leaders surrendered themselves to police and told their followers that the protest was over”
Last update I heard was that.... I thought things were under control and winding down—sorry to hear that’s not the case.
I’m not sure if its Thailand but I do know that George Soros is wanted in one of the nations in that region. They want to try him on charges of being an economic terrorist.
bttt
Indonesia or Malaysia.............
What was the “Thailand” comment, I forgot? Maybe you should re post.
Thailand?.............
“foreign journalists” = marxist advisors
The guy who claimed to have murdered JonBenet Ramsey was captured in Thailand.
Are the Red Shirts Commies?
Are the Red Shirts Commies?
Thai Ping
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