Joseph Lim :mastodon:<p>Zombie <a href="https://mastodon.social/tags/banking" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>banking</span></a> deepens economic woes<br>"Real <a href="https://mastodon.social/tags/NPLs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>NPLs</span></a>, not <a href="https://mastodon.social/tags/BoT" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>BoT</span></a>'s reported NPLs, r dangerously high, which prohibits banks fr giving out new loans & begins to recall good loans.. rumour tt <a href="https://mastodon.social/tags/banks" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>banks</span></a> reject 70% of certain loan appl'ns is not far fr <a href="https://mastodon.social/tags/truth" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>truth</span></a>.. to fix the <a href="https://mastodon.social/tags/Thai" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Thai</span></a> <a href="https://mastodon.social/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a>, one must start by fixing the zombie <a href="https://mastodon.social/tags/bankingsystem" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>bankingsystem</span></a>.. The only way to cure zombie fever is to <a href="https://mastodon.social/tags/restructure" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>restructure</span></a> <a href="https://mastodon.social/tags/householddebt" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>householddebt</span></a>.. <a href="https://mastodon.social/tags/government" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>government</span></a> has <a href="https://mastodon.social/tags/noidea" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>noidea</span></a> how as the cost wld be prohibitive. Over 5tril baht"<br><a href="https://www.bangkokpost.com/opinion/opinion/2868223/zombie-banking-deepens-economic-woes" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">bangkokpost.com/opinion/opinio</span><span class="invisible">n/2868223/zombie-banking-deepens-economic-woes</span></a></p>