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Financing FY 2026 deficit will fall short
My message is short, loud and clear. There will not be enough money to finance FY 2026"s 860 billion baht budget deficit. Without enough money, the budget will collapse and take the economy down with ...
Back in the summer of 2004, Nouriel Roubini and I published a paper arguing that large trade deficits implied a deteriorating US net international investment position and a deteriorating “income” ...
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