Rice or Dice. Scheme or Scam
Thailand Rice Problem
What is that Thai Rice Scheme? Corruption charges! that will end Yingluck and give her same
fate as Thaksin.
The whole idea of that rice scheme was like that, Thai government buy the rice from the farmers
above market price. The Thai government hold the rice for a while from the global market. Now,
the rice prices will shoot up high. Then, Thai government sell the rice with a high profit.
Thailand made money, the Thai farmer made money, The Farang paid more money for the rice.
But who cares about the Farang loosing money. The Farang doesn’t vote in Thailand, his vote
doesn’t count.
People say that was money to pay for the farmers vote. to keep them loyal to Thaksin.
Who cares, more money for the rice will lift the living conditions for the hard working people in
Isan. Will raise their minimum wages. Which is a good thing, to close the widened gap between
the workers in the farming sector and the industrial sector. Its all good for Thailand development.
That was the plan, the scheme. Supply and demand.
But that didn’t go well as planned or as predicated. Thailand hold their Rice exports, to increase
the price. But, India increases their rice export. Now, Thailand got stuck with tons of Rice in
storage no one wants to buy, will get spoiled if not sold with a huge loss. The Thai government