@WSJ But that is alright, because such attempt put more money into the rice farmers' pockets, helps reduce poverty which is more important
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@dano_solo@PKinbangkok@WSJ Neither Bkk elite or WSJ article r interested in gauging social welfare+ econ effects of crop subsidies -
@dano_solo@PKinbangkok@WSJ Indeed, amt TL spends on rice subsidies is far less than EU where subsidies r 38% of EU budget for 2014-2020, -
@JQP6@PKinbangkok@WSJ It's just a one-sided story for manipulative purposes.
End of conversation
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@WSJ market participants set the prices..unless it's the market makers at the gameThanks. Twitter will use this to make your timeline better. UndoUndo
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@WSJ can the similar situation arise for Chinese govt and farmers for cotton by artificially managing the demand /supplyThanks. Twitter will use this to make your timeline better. UndoUndo
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“
@WSJ: Here's how Thailand's attempt to set global rice prices backfired: http://on.wsj.com/1cXDRq5 pic.twitter.com/tyiIs8z5IB”#TheManWinsAgainThis media may contain sensitive material. Learn more
Thanks. Twitter will use this to make your timeline better. UndoUndo
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“
@WSJ: Here's how Thailand's attempt to set global rice prices backfired: http://on.wsj.com/1cXDRq5 pic.twitter.com/PU7Ajh6IRx”
Thanks. Twitter will use this to make your timeline better. UndoUndo
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