BANGKOK – Once the engine of the country’s economic miracle, Thailand’s middle-class households are now borrowing just to survive. Economists are now asking, “Can the government stop the bleeding before it derails the broader economy?” For decades, the story of Asia was one of an unstoppable, rising middle class. They were the undisputed engine of […]

The post The Squeeze: Thailand’s Middle Class Trapped in Mountains of Debt first appeared on Chiang Rai Times.