«
»

10 Years Tom Yum Goong Disease


Series Navigation«Mochit 2 RevisitWatch Your Step»
This entry is part 35 of 45 in the series Thailand Trip 2007

When I was in Thailand, 2007 was the tenth anniversary of Asian economic crisis. The Thai Baht currency had been weakened by several attacks from international funds. Finally, the Thai Government at that time was forced to float the currency. The result of this bubble burst, aka Tom Yum Goong Disease, triggered the financial collapses throughout Asia.

Hopwell Project

Hopewell, Invisible Railtrack

Although Thailand have recovered from the crisis and paid off IMF’s bialout, there are still monumental traces of the melt down, especially, big projects stopped their constructions ten years ago. These are some of the unfinished enterprises in Bangkok: Hopewell Project, upper level train link from the old Bangkok Airport to the city, a building that has never been erected from the ground, a luxury apartment that has been painted only half way through, and a site that is converted into a street vendor park.

What did we learn from this expensive lesson?

This SimpleViewer gallery requires Macromedia Flash. Please open this post in your browser or get Macromedia Flash here.
This is a WPSimpleViewerGallery


Thailand Trip 2007

This trip was the first time I visited Thailand since I moved to Sydney in 2001. That was a very long time for an ex-pat to return to homeland.
One the other hand, my perspective changed around the medium at the time—photography. And I also started to use it as video projects.
Bangkok, I still love this fucking city.

, , , , , , , ,

This entry was posted on 04/02/2008, 11:02 am and is filed under Photography, Travel. You can follow any responses to this entry through RSS 2.0. You can leave a response, or trackback from your own site.

  1. No comments yet.
(will not be published)