Thailand’s Unrest Could Keep an ETF Out of the Picture For Now
March 2nd at 1:00pm by Tom Lydon
Thailand does not have a U.S.-listed exchange traded fund (ETF) like several other frontier countries – yet.
The exiled former Prime Minister Thaksin Shinawatra returned to Thailand Thursday for the first time since a September 2006 coup.
Daniel Den Kate for The Christian Science Monitor reports that the former Prime Minister returned to Thailand in an attempt, he says, to regain his own being and his reputation.
The former leader has returned to the same country where the gap between the rural poor and the middle class is miles wide. The poor see him as a champion, while the richer segment of the population wanted him out.
The parliament will sustain stability but the threat of confrontation among anti-Thaksin and pro-Thaksin will linger for some time.
The political unrest could leave any chance for a U.S.-listed ETF on the back-burner for the time being.
