12:04AM
Car market robust enough that Ford investing in tumultuous Thailand
Friday, July 9, 2010 at 12:04AM
Pic here
WSJ story on Ford dropping $450m into a new car plant in Thailand, one that will crank the Focus, a mid-size model so much in demand across Asia.
Get this: already Thailand exports more pickup trucks than any country in the world and produces more than any outside of the US.
So Thailand attracts FDI despite its restive citizenry, and over time, all those factory jobs will only make the citizenry more demanding.
Not exactly a circle, but virtuous nonetheless.
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